Forex Global Trading Company was founded in July 2008 as a boutique forex systems developer for retail Forex Traders. Prior to September 2009 FXGTC specialised in Trading Systems known as Expert Advisors or "EA's" to traders. Expert Advisors are algorithmic systems solely designed to run on the Metatrader 4 platform from www.metaquotes.com.
As more and more brokers introduced the Metatrader 4 terminal to their client base, the platform went through a series of knee jerk changes to accomodate the demands of the modern trader and regulatory bodies. Although these changes were most welcome by the client, they had negative effects on the design of the expert advisor systems as it became increasingly difficult to create a system to "fit" all brokers. Until 2008, all brokers used 4 digit price quote with instant execution through dealing desks ensuring the systems would function with high similarity in all brokers. During 2009, after a series of major changes by the brokers including switching from 4 to 5 digit pricing, some moving to ECN execution, followed by the removal of limit and stop orders and FIFO (First in, first out restrictions), EA traders become increasingly disillusioned as EA's would not work or behave in a fashion they once did. It was these underlying market changes that prompted us to take the route of managed accounts.
This expansion was made possible by new management platforms now offered by major foreign exchange dealers (FCM's). This new system truly allows transparency and clarity between the manager and the client. We do things
differently at Forex Global Trading Company, we do what
it takes to make you successful in your trading. Our
only revenue is derived from the performance of the account, we are not subjecting the client to management fees or spread mark ups.
It is this model that ensures we put all
our efforts into design and system testing to have a
sustainable business. It is for this reason we feel we
offer one of the best managed mini accounts available on the
market today.
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