Corporations, brokers, hedge funds and money managers who require always-on, real-time trading capabilities.
The application programming interface (API) is the actual source code to several of our trading platform products. It is widely used in any software development, but in the financial industry it is used to increase and maintain a firms available products. A client may not want to use our available trading platforms, so we provide this source code for programmers to link their software to ours. As other trading platforms trade through our API, all trades will come to Tradeview Forex for clearing while you retain your preferred platform's functionality.
Tradeview Forex's trading desk opens Sundays at 22:00 GMT and does not close until Friday at 21:30 GMT.
Tradeview Forex offers trading in the following currency pairs:
The dealing platform provides sophisticated order entry and tracking. Orders may be entered at any rate – inside or outside the existing spread – using the following orders types:
In normal markets, any sell stops will be filled on a dealer's bid, and buy stops are filled on a dealer's offer. If the market 'gaps' sharply up or down the stops will be filled at the best available price.
Executing a deal via the Internet is a simple two-step process. Simply enter the number of currency you want to buy or sell and then click on the bid (sell) or offer (buy) for the currency pair you wish to trade. Your deal is automatically executed. The dealing software automatically calculates the initial margin requirement based upon the notional amount of the deal, and if sufficient funds are available in your account, will accept the transaction.
Deals are confirmed online, normally within one-sixth of a second, and the system instantly updates both your open position and calculates your current floating P&L.
A rollover is the simultaneous closing of an open position for today's value date, (normally at the end of the trading day) and the opening of the same position for the next day's value date at a price reflecting the interest rate differential between the two currencies.
For example, on Wednesday, all positions which are rolled overnight to Thursday would have the value date of the following Monday.
To account for the two days of interest for the weekend when banks are not open and actual delivery cannot be made, Tradeview Forex will credit or charge 3-times interest for positions rolled over on Wednesday, as per industry standard.
You have now finished your phone deal. You should also check that your phone deal is inputted correctly into your account on the online trading platform.
The dealing software tracks all trading activity in real time, allowing clients to view current open positions, real-time profit and loss, margin availability, account balances, and all historical transaction details directly on-screen.
Account statements can be accessed 24/7 through the reporting links.
All deals are sized in units of 1 of the base currency (.i.e., GBP/USD is £1). All of the deals are numbered in terms of 'lots'. The maximum deal size available online is 50 million of the base currency.
A minimum transaction size is 1 lot, or 1 unit of the base currency. An account with a margin deposit of 1% would open a €1 position and would require an initial margin deposit of $.01.
Through the online platform, customers are able to execute trades directly from real time streaming bid/ask quotes. Live prices are continuously updated via our trading software and traders can click on the current bid or offer and instantly execute a trade.