Miami, FL (PRWEB) July 23, 2008
FxSpyder LLC announced today that it has completed the required program interface that enables FXCM traders to take advantage of its forex API trading platform. Now, the platform is available to OANDA and FXCM clients in both demo and live trading modes.
FxSpyder, the company's proprietary, trader controlled platform, is the first independent, retail foreign exchange (forex) trading platform to be introduced to the market place. It resides on the individual trader's computer, interfaces directly with the dealer's API (Application Programming Interface), and is leased by the individual trader on a trade-by-trade basis.
Until FxSpyder was introduced to the marketplace, API trading had been pretty much the exclusive domain of the sophisticated programmer and institutional trader - forex dealer, hedge fund, money manager, and corporation.
Apart from accommodating a number of additional dealers, the company announced that it will soon be introducing an integrated, plain language, auto-trading component the company calls FxEZWrite™. The application will enable even the most technologically challenged the ability to develop, test, and perfect their own auto-trading strategies.
John Keister, the company's founder and CEO, believes the plain language application is long overdue. "While the interest in auto-trading has increased exponentially over the past five years, traders still have little choice but to buy or lease third party scripts.
"Using plain language and drag and drop functionality, FxEZWrite™ will enable them to develop their own auto-trading strategies and in a matter minutes," he said.
The company plans to introduce the application to the marketplace in September.
About FxSpyder LLC:
FxSpyder LLC is a Miami, FL-based software company that has spent three years and invested several million dollars in the development and testing of its propriety foreign exchange trading platform. By design the platform accommodates both market maker and ECN business models and can be integrated with any broker offering API access . For more information about FxSpyder LLC and its platform, visit http://fxspyder.com.
john @ forexspyder.com
US: (786) 207-2933