What is FIX API
FIX API is an API based on the FIX protocol and it is used to communicate directly with cTrader Server through FIX messages. It is a protocol designed for exchanging electronic messages for financial information. It is the dominant protocol used for electronic trading. Most of the communication between exchanges, brokers, banks and other financial institutions takes place using FIX.
FIX API for Retail Traders
cTrader FIX API has been designed to allow retail traders to trade through FIX messages using their cTrader Accounts. FIX API credentials are generated with every trading account created. Your traders can access their credentials directly from their cTrader platform, whether it is Desktop or Web. The trading channel features messages that allow traders to receive spot prices with market depth, send all order types (market, stop and limit orders), and monitor positions and order status.
Offer your traders a FIX API trading interface without additional costs, subsequent requirements for commitments, and barriers for users.
Why FIX API
This trading interface is ideal for institutional, professional and high-frequency retail traders as it increases their trading capabilities.
Due to the high speed of connectivity and low latency communication, the orders are executed in
Large amounts of information is transferred almost instantly providing traders with vital real-time streaming data.
Free FIX API
cTrader FIX API is free for traders to use. There is no commitment or administration required to
Traders can build time critical trading applications that require minimum latency and connect them to the server via FIX API.
Designed for transmitting financial information, FIX API is already coming with industry-specific features and language.
FIX is a standardized protocol used across the financial industry and, thus, its implementation is fast and easy across all institutions.
Attract professional traders by offering your clients FIX API protocol and its benefits.
Plenty of support resources are made available to traders looking to use cTrader FIX API.
A dedicated section for cTrader FIX API is available in the cTrader Help Centre. From here users can find a detailed introduction, the latest Rules of Engagement, explanatory documentation and additional information on FIX API for those new to the technology.