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Benefits

FIX API is widely used by institutional traders to automate multiple processes and improve trading performance to receive data and submit orders in minimal time. For individual traders it brings a completely new investment opportunity.

The main benefits of using FIX API for individual traders are:

  • Lower execution time. FIX API focuses on transmitting large amounts of financial data within the shortest period. Each operator (such as Spotware) has very strict rules of engagement, which streamlines the data interpretation on both sides, making FIX messages short and to the point.

  • Multi-channeling. Traders now have the possibility to connect to multiple brokers simultaneously using one custom application or interface to extend their trading opportunities as they see fit.

  • Flexibility. Traders can develop algorithms using any programming language or other desired tools to provide themselves with a bespoke solution. Those tools can be connected to the markets via their broker using cTrader FIX API.

  • Privacy. Traders can run algorithms directly on their computer without running them on a commercial platform, thereby keeping it completely private.