Armada Markets Partners with Myfxbook to Introduce Autotrade

News provided by

Armada Markets AS

Oct 14, 2013, 13:00 ET


(PRWEB) October 14, 2013 -- Armada Markets AS (Armada Markets), a leading ECN Forex and spot metals broker among algorithmic traders today announced a key partnership with Myfxbook and will offer AutoTrade copy trading platform to its clients.

Among many mirror and copy trading systems Armada Markets chose AutoTrade due to some key advantages over traditional copy trading systems. Some of the key differences of AutoTrade are:

  • Signal providers are paid only for profitable trades.
  • Only real money accounts with proven track record can become signal providers.
  • Demo accounts are excluded from the system.
  • Real and accurate trade statistics is shown to reduce risk and increase
  • Cost of the service is clearly stated when users open a live account.

Alex Rekun, Myfxbook CEO said: “Following our user requests, we're delighted to add Armada Markets to our AutoTrade offering. The ECN broker will be a perfect match with our AutoTrade technology”.

Ingmar Mattus, Armada Markets CEO said: “We are pleased to launch AutoTrade platform. I believe AutoTrade will be very attractive to our global client base, especially in Asian countries where copy trading and social trading in general is rapidly gaining popularity”.

Armada Markets is a leading provider of currency trading services to algorithmic retail and corporate clients in more than 100 countries around the world and is the top choice among professional traders who demand institutional grade FX liquidity and low-latency execution together with the lowest spreads and commissions. Armada Markets is also a liquidity provider to small and medium-sized brokers and institutional clients through the FIX API and binary protocol.

Armada Markets Autotrade account has a USD $1000 minimum deposit requirement. More information can be found here: Armada Markets Autotrade.

Notes to Media

About Armada Markets AS (Armada Markets)

With its headquarters in Tallinn, Estonia, Armada Markets provides online spot Forex trading services to professional retail and institutional clients in more than 100 countries. Armada Markets focuses on providing one of the most competitive spot Forex trading conditions in the world with ultra-low spreads and high quality trade execution. Armada Markets is proud to serve its clients 24/7 in 8 major languages. Trading foreign exchange on margin carries a high level of risk and may not be suitable for everybody.

For more information please visit http://www.armadamarkets.com or by phone on +372 686 3163.

Ingmar Mattus, Armada Markets AS, http://www.armadamarkets.com, +372 06863163, [email protected]