Announcing TradeStation 8.3, a powerful forex trading platform

Discussion in 'TradeStation' started by neo_cn, Jun 30, 2007.

  1. We’re pleased to announce that TradeStation 8.3 — the new forex trading platform that enables the design, back-testing, and automation of forex trading strategies is now available. With this new integrated forex execution offering, you’ll have the power to monitor, track, and automate more markets than ever before simultaneously, while increasing your trading discipline and reducing emotions.

    Now you can identify and react to market conditions by trading your strategy with no need for middleware or 3rd party plug-ins. And when seconds can mean the difference between a big gain and a disappointing trading loss, we believe you'll find the new forex integration a significant advantage. In addition to full strategy automation, forex trades may now be executed from the TradeStation order bar, matrix, market depth window, order entry macros and hot keys.


    With new upfront pricing, you’ll know exactly what you’re paying for
    Another major improvement to TradeStation’s forex service offering is our new commission model. We understand traders need the tightest possible spreads, and with the release of TradeStation 8.3, we are openly displaying a low commission rate — .2 basis points. With our new upfront commission pricing you’ll know exactly what you’re paying for, and allow us to offer you narrower price spreads.

    Say goodbye to the old way of forex trading
    Under the old way of doing business, much like the old days of stock trading before direct market access, the dealer who trades with individual account holders takes or shares in a large spread between the dealer’s cost and what the client pays or receives — typically at least $30, and as high as $50 or $60, for a 100,000 deal lot, even in a very liquid current pair. No commission is charged but the dealer is making a tidy profit taking or sharing in that large spread. Under TradeStation’s new pricing plan, we will offer tighter spreads — as small as $10 per 100,000 deal lot for the most liquid currency pairs — in exchange for a reasonable commission — .2 basis points.

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    http://www.tradestation.com/html_mail_new/Newsletter/062907_vsp.html