MFFX.com recent releases of the world most advanced ECN trading solution had made a headline in forex trading industry. MF cTrader, the new forex ECN trading solution which claimed to save traders millions of dollar in transaction cost compared to fixed spread forex dealing platform. The company offers 0.6 pips variable spread minimum for all forex, currencies pairs and CFDs trading instruments and projected that there will be a great saving in transaction cost for traders compared to its current fixed spread solution on MetaTrader 4 platform. MFFX is known to be one of the largest independent offshore forex broker that pioneering the forex trading industry for the past ten years and with this reason, the company can offer such technology advancement on the cTrader with aggregated spreads from multi banks.
According to Peter North, MFFX’s spoke person, preference still belong to the traders on which trading platform is more comfortable for them. The ECN solution offers variables forex aggregate spreads from more than eight major banks and financial institutions; and during peak trading session, the spreads are as low as 0.6 pips whereas the Metatrader 4 offer fixed spreads of minimum 2 pips for the major currency pairs.
Peter added that another benefit for ECN solution is that MFFX offers no widening of spread due to many customers’ requests and with such offers, news traders are taking advantages to make profit trades during news releases. Recent development is that MF cTrader comes with 36 currency pairs and moreover, traders can download cAlgo where they can use automated algorithmic trading software for trading alliance with the MF cTrader ECN platform. MF cAlgo main functionality is the let traders to customized technical indicators for technical analysis using the source code editor and the C# language. The customized indicators will emerge to the MF cTrader built in technical indicators which become instantly available for deployment of ECN trading strategy.
Apart from ECN forex trading solution, MF Financial also offers MetaTrader 4 which is the most popular forex and CFDs trading platform; features with most advanced charting techniques and lighting speed execution. MetaTrader 4 is a foreign exchange trading technology for Forex market makers (dealers) and Forex brokers. MF MT4 Trading Platform presents the most complete set of features covering all areas of Forex trading, what makes it the number one on the global Forex trading software market today.
In forex trading technology development, Electronic Communication Network where trading can be done directly through an ECN broker like MFFX whose has Direct Market Access (DMA) to the exchanges and banks. According to MFFX spoke person, the whole idea of ECN is to give clients full access to their order books, and offering order matching outside of traditional exchange hours; in turn lowering transaction cost. Furthermore, traders can have access live viewing of the company depth of market on all the currency pairs.
Recent company advancement, MFFX signed up a prime brokerage account with TOPFX of Cyprus to offer liquidity for the forex market. This collaboration strengthened both companies in this highly competitive forex trading market.
MF Financial Ltd. is a pioneer and a Global Leader in Forex Trading and CFDs trading markets since 2001 and with strong growth. Trader will find transparency in dealing with MFFX and because MFFX is a STP forex brokers with competitive forex and CFDs spreads. MFFX offers MetaTrader 4 platform; EA , Expert Advisors, and ECN MF cTrader ECN solution and scalpers are welcome. As for corporate partners, MFFX offers solutions to Introducing Broker and White Label co-branding with multi bank liquidity.
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