Tag Archives: tradency
Tradency just announced that they scored a major deal for their Mirror Trader platform and will launch it with Invast Securities in Japan. The whole concept of MT4 and algo-trading in forex is relatively fresh in Japan and just started to pick up. This puts Tradency and the more aggressive foreign MT4 brokers in pole position to take a nice cut of the local market share if this trend continues.
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It seems forex signal/trade following is the biggest trend now with just about everybody offering their own version of this – Currensee, Tradency, Zulutrade, FxStat, fxjunction, Collective2, eToro and dozens of other smaller services. Each of these providers has its own platform with or without social aspects, some offer signal trading, others actual traders following. Some platforms are very simple, others are advanced are professional.
Today we see AvaFX (one of the fastest growing fx brokers) partnering with ayondo- a relatively unknown/new signal following service. ayondo seems to be a German venture and has also partnered with UK based ActivTrades.
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