One of the drawbacks of MetaTrader 4 has always been that whilst you can write a multi-currency expert advisor for the platform, the MT4 strategy tester only allows you to backtest one currency at a time. Now that the bugs in the MetaTrader 5 strategy tester are gradually being removed, we're just starting to use it for some serious testing.
Filed under Trading Platforms by 
The National Futures Association have made a couple of announcements recently that strongly suggest the number of US spot forex brokers and their associated introducing brokers are going to decline even further in the near future. Last week the NFA implied that the proposed new CFTC regulations about forex IBs are going to be implemented much as originally drafted. They pointed out that:
Filed under Regulation by
A recent addition to the ranks of UK forex brokers has finally delivered something we've been waiting to see for a long time now here at the Trading Gurus. If you are a UK resident it is now possible to spread bet using MetaTrader 4 as your trading platform. You can now therefore use an MT4 expert advisor to automate your tax free forex trading, if you are so inclined.
More on Smart Live Markets Marry MetaTrader and Spread Betting
Filed under Brokers by
FXCM started public beta testing of their new Strategy Trader trading platform back in March. They are positioning their new platform as a superior alternative to MetaTrader 4 and the forthcoming MetaTrader 5. They describe it as:
Filed under Trading Systems by
We've been beta testing FXCM's new Strategy Trader automated trading platform for a couple of months now, and after quite a few trials and tribulations we've finally got our trusty first example robot to work successfully on it. FXCM refer to trading systems written for Strategy Trader as "Strategy Advisors", and they are implemented based around bars rather than ticks like MetaTrader 4. That means you really need to run this advisor on a tick chart to stay in the market 100% of the time, like the MT4 version does. We still haven't managed to get that working reliably, but it does seem to run fine on a one minute chart and up. If you'd like to take a look you can download the C# source code from our community forum.
Filed under Trading Systems by
The beta test version of FXCM's new Strategy Trader platform has been around for several months now, but you used to have to fill in a form and be approved by FXCM before being able to download it and try it out. That's now changed, and FXCM have made it available for download to anyone who visits the brand new Strategy Trader section of their website, along with a video walkthrough about the wonders of what they now describe as:
Filed under Trading Platforms by
