Age and experience count for a lot in the volatile world of Forex Trading and there are few more established brokers than Finotec. Established in 1998 and hooked up to the internet since 2002, this FCA regulated FX broker has developed relationships with 20 top tier banks and now turns over $30 billion every month.
Based in one of the world’s financial hubs, London, Finotec is fronted by Didier Essemini and acts as both a trading platform and liquidity provider with access to more than 75 currency pairs.
Finotec.com’s Special FX:
One of Finotec’s defining features is its access to some of the largest banking institutions in the world. As a trader it’s important to have access to a deep liquidity pool and that’s something Finotec excels at thanks to their links with the likes of Goldman Sachs, HSBC, Morgan Stanley, Deutsche Bank and JPMorgan.
Beyond being a simple broker for customers, Finotec also offers services to banks and corporate clients, which allows it to offer a broader range of services than many other FX brokers.
Indeed, one aspect of Finotec’s platform is that it offers anonymous trading for professionals. Because the process of investing large amounts of money in various currency pairs can help change the market, many top investors will want to remain anonymous during their trades. Finotec appreciates this desire and gives its top clients the ability to trade under their black cloak of anonymity.
Alongside its voice trading system which allows users to make trades over the phone directly with a number of banks, Finotec offers electronic FX trading through two platforms: MetaTrader 4 and FinotecPro.
Finotec MT4: Internationally known as the Forex market’s top trading platform, MT4 offers traders an all-in-one platform which incorporates direct access to the currency exchange market as well as tracking and news feeds.
FinotecPro: For those that desire a more advanced FX trading platform, FinotecPro allows users to define their own parameters, which then allows the software’s matching engine to automatically manage orders.
Amongst the orders that a trader can define are: “Market” (an order executed immediately at market rate), “Trailing Stop” (a dynamic stop-loss order), “Iceberg” (A limited order where a predefined portion is shown to the market until the order is filled).