FIX API Trader not only allows you to use your favorite MT4 Expert Advisors for Trading via FIX API but also to trade in the manual mode and semi-automatic, pre-set (algorithmic) mode. It is a huge advantage for news traders.
When trading on news the MT4 platform is practically useful for several reasons:
- In the first data transmission protocol from the terminal to the MT4 server is to say the least is not perfect;
- in the second order goes a long technological chain (Mt4 terminal – MT4 server -MT4 bridge – Liquidity provider) till reaches a liquidity provider;
- the broker can easily intervene in the order execution process.