In this article I would like to explain different FIX API trader setup for different tasks.

First of all, I would like to once again highlight the most important benefits of trading through the FIX API protocol:

1. Faster execution time comparing with MT4/MT5, cTrader and other trading platforms, and therefore lower negative slippage;
2. Lower likelihood of broker intervention in trading (fewer manual intervention tools & plug-ins then for MT4/MT5 and more trader control options due to protocol transparency);
3. Possibility to use IOC and FOK Limit orders for slippage control.

We've created short instruction for Crypto Arbitrage Trading.

1. Open account with as many exchanges from our list (Binance,  Bitfinex, Bitmex, Bittrex, Bitstamp, Cryptofacilities, Gdax,
 HitBTC, Huobi, Kraken, Poloniex, YoBit ) as possible;

2. You do not need to deposit right away;

3. Start trading with Crypto Arbitrage Software  with as many currency pairs as possible in emulation mode for at least 5 days and also use crypto monitor software;

It is important for forex traders to understand that as a trader, you may check many different currency pairs to find the best trade setup. In order to do this correctly, it is crucial to be aware that you must avoid taking the same position with a multitude of correlated currency pairs in order to decrease the risk of losing money.

New version of NewsGrid forex robot for FIX API Trader allows to trade news in 3 modes: fully-automated, semi-automated, manual. You can use different modes for different currencies. We would like to explain how to setup and why do you need to use 3 modes.