IB
EA:
Expert Advisors, commonly referred to as EAs, allow traders to execute a strategy automatically, eliminating the need to manually exit, enter, or modify positions. Due to their widespread appeal, EAs have recently taken the trading community, from beginners to experienced traders, by storm. Those lacking the time to trade have found an answer in EAs; traders overwhelmed by the emotions of entering and exiting positions often allow EAs to partially or completely trade on their behalf; and many professional traders complement their own trading strategies with automatic systems.
It is lucrative for IBs to offer EA trading as well as programming options to its customers. Since EAs trade around the clock they tend to generate more volume than a manual trader. Additionally, many, but not all, strategies run by EA algorithms are high volume and short term in nature-the perfect combination for STP-model brokers.
If your customers are already running EAs, offering a programming service option is an excellent way to continue to tap into a growing segment of the foreign exchange market. Boston Technologies has a full-time Expert Advisor programming department that can code any strategy a trader desires. We will build an EA designed to the specific needs of your client with prices starting at $399.
Want to know more? For more details on the steps needed to offer EAs to your clients, please fill out the contact form below:
