What is arbitrage?
Live Forex Quotes: currency arbitrage example
Latency Arbitrage is a trading strategy based on the speed of getting quotes and trading at a slower broker. The main task of the trader who uses the strategy of latency arbitrage is to find the fastest data feed provider and set up your server (VPS) so as to get these quotes with minimal loss of speed (ping). To get fast quotes in real time, you need special software connected directly to the exchanges (liquidity providers).
Programs and advisors from Westernpips work on the basis of a strategy of low latency arbitrage (lagging quotes) . We have developments for both 1 leg of Westernpips Trade Monitor 3.7 arbitrage and the Newest PRO 3.7 Exclusive trading advisors complex on a slow broker, and for 2 leg arbitrage (spread trading) between different Westernpips Analyzer 1.3 brokers. Among our software products there is a professional software for HFT trading via FIX API Westernpips FIX Trader 3.9 , as well as a program for inter-exchange arbitrage on the crypto currency market Westernpips Crypto Trader 1.7 . More recently, a special program has appeared for automatic operation on binary options and Web terminals Westernpips Web Clicker 1.9
Arbitrage on forex or latency arbitrage is a type of high-frequency trading in which the main role is played by the speed of obtaining quotes and gaining an advantage through the use of more powerful and fast servers for trading.
To purchase our software products, you should carefully read the content of our site and know exactly what you want to use in your trade latency arbitrage strategies. To complete the payment, go to the Buy Now page and follow the instructions. Our qualified customer support team will assist you at every stage.
Keep up-to-date on the most relevant advances in latency arbitrage technology with the following research video.
99 % of Brokers are not yet ready for this powerful tool and all the doors for work and earnings are open for you! It is a universal clicker that can be adapted to work on any terminal of a broker, be it a web platform or any other terminal for trading stocks, futures, forex, binary options or any other market you need
Today, Trade Monitor 3.7 is a powerful data feeder that supports connections to eight of the largest real time data feed providers in the world: Lmax Exchnage, Rithmic, CQG, Interactive Brokers, Gain Capital Futures, CTS T4, IQ Feed, Saxo Bank;
Software Westernpips Crypto Trader 1.7 was created with the purpose of consolidating quotes from all the largest cryptocurrency exchanges, analyzing the received quotes and automatic conclusion of transactions on these exchanges.
Now our clients have even more brokers available for trading and new features. Today available to connect and trade on the FIX protocol in many large brokers.
This unique software will allow you to make a detailed analysis of the quotes of both a fast and a slow broker and find the fastest liquidity provider.
You can get acquainted and choose the appropriate tariff plan on the Our Products page
First of all, you need to select those programs that you will use for arbitrage. The more expensive the tariff plan, the more opportunities and programs for work you will receive.
If you plan to trade advisors only on brokers with the trading terminal 4, then the Standard minimum tariff plan is enough for you. This tariff plan is perfect for beginners and those who want to get acquainted with the strategy of latency arbitration.
If you want to use a wider set of any brokers trading terminals and cTrader, then you should purchase the Professional tariff plan. In it, you will get all the advisers available today for arbitration at different terminals.
For those who want to use in their work additional tools for graphical analysis of quotes and spread trading, the Ultimate tariff plan will do.
It includes Westernpips Analyzer 1.3 for analyzing quotes and choosing a broker with slow quotes that is suitable for trading, as well as searching for the fastest liquidity provider.
For those who work in the cryptocurrency market, you must select the Ultimate FIX API tariff plan with a fully automatic program for interbash crypto currency arbitration Westernpips Crypto Trader 1.7.
Also, the Ultimate FIX API tariff plan should be chosen by those who plan to connect the FIX 4.4 protocol to their broker for trading. This is a rather expensive technology and it requires the presence of from 5,000 USD on your trading account.
If you want to trade completely unnoticed by a broker without the use of advisers, you need Westernpips Web Clicker 1.9, which is included in the WP PRIME V tariff plan. This tariff plan includes a completely complete set of tools and technologies for arbitration in the Forex, CFD`s, and crypto currency market, as well as binary options brokers and Web terminals brokers. You will receive absolutely the whole set of programs and advisors from the company Westernpips and you will be able to enjoy trading on a full machine.
The minimum deposit for the work of advisors in the terminals is $ 100. Leverage from 1:30. The minimum lot is 0.01. If your chosen broker shows a good result, you can make a deposit for a larger amount.
It is also worth considering the cost of renting a VPS server (from 30 USD per month).
Some suppliers of fast quotes require a monthly fee for using the connection API (from 60 USD per month). When using quotes from our servers, the fee is not charged.
To work with Westernpips FIX Trader, you will need at least 10,000 USD, since opening an account to work under the FIX protocol requires a large initial deposit.
To work in the cryptocurrency market, you will need to replenish each exchange with a minimum of 0.1 BTC. At least 5 exchanges should participate in the trade. So you need 0.5 BTC to get started.
We give advice on finding suitable brokers and also help set up the software on your VPS server. Each client independently selects the necessary broker depending on his country of residence and possibilities for the initial deposit. We always recommend using reliable brokers with the regulation of FCA and other regulators, so that you have a guarantee of the safety of your money.
The main criterion for choosing a broker is the presence of lagging quotes on this broker. You can check the broker for the presence of lagging quotes without replenishing your account using Westernpips Analyzer 1.3
Also, brokers with the type of execution of Instant Execution transactions or STP brokers are considered the most suitable brokers. If you are looking for a broker among ECN brokers, then you should pay attention to the slippage value when opening transactions. If the broker is dishonest and uses the plugin, the adviser will inform you about it.
Order execution time also plays an important role in the work of arbitration. Order execution from 1-100 MS is considered ideal. If your broker uses a plugin and executes orders longer than 1000 MS, then arbitration will not work and you need to look for another broker.
You should pay attention to the location of the broker servers and check the ping. Minimal ping to the broker will provide you with faster execution of orders.
The fastest supplier of quotes today is Lmax Exchnage. It is perfect for working with brokers located in LD4 (London). Also, you will suit such suppliers of quotations as CQG, Saxo Bank, IQ Feed, Gain Futurses. To work with brokers whose servers are located in America (NY4), the fastest suppliers are Rithmic, CTS T4, Interactive Brokers. Choosing a fast supplier of quotations depends on your country of residence and opportunities for the initial deposit. You can always take advantage of fast and free quotes from our servers, but we should not forget that we always recommend opening your own account to get the fastest quotes without additional connections.
In order to connect to the fast quotes channel, you will need a login and password. To do this, you must open a demo or live account with your chosen supplier of quotes. If you register a live account, you need a minimum deposit:
- Rithmic $ 500;
- CQG $ 500;
- IQ FEED $ 500;
- Lmax Exchange from $ 1000-10000;
- CTS T4 $ 2000;
- Gain Futurses $ 2000;
- Saxo Bank $ 10,000;
- Interactive Brokers $ 10,000.
Also, for connection to the data channel, Lmax Exchange debits $ 60 per month, Rithmic $ 100 per month, CQG $ 500 per month, Saxo Bank, Interactive Brokers can be used free of charge, while other providers have individual fees depending on the set of connected accounts. exchanges.
Not. You will have a very large ping with both a broker and a supplier of quotes. The result of the work will be negative. You can use your home computer if you are in London either very close to it or in New York, as well as to familiarize yourself with the work of our programs.
CPU: 2.2 GHz and higher (one or more processor cores).
RAM: 2 GB and higher (the more RAM, the more trading terminals you can run).
HARD DISK 50 GB And above.
INTERNET high speed unlimited.
OS (operating system) Windows Server 2008 SP 2 is the most optimal for advisor work.
The average cost of such a VPS is $ 60 per month.
Ping is the connection speed with the supplier of quotations or with a broker. The smaller the ping, the faster the speed of data acquisition. The advisor requires a minimum ping with the supplier of quotes. To do this, select the optimal location of the VPS server. You can check the ping in the program or in the terminal of the broker.
We recommend using two VPS servers. One in London (for Lmax Exchange and Saxo Bank quotes), the other in Chicago (for Rithmic and CQG quotes). In this case, you'll work on a zero ping. Next, you need to check where the server of the broker you are trading is located. If in America, then working with this broker on a server in Chicago, if the broker's server is located in Europe or Asia, then working with this broker on a server in London. If you have an Australian or New Zealand broker. Hire a VPS in Australia.
Not. We do not provide a test period and do not test the work of an adviser on your account. We have accumulated a long-term archive of video reports and monitoring of real accounts, with which you can always read on our website and be convinced of the high performance of our software products. Since 2007, we have been the No. 1 company for the development of systems and technologies for latency arbitrage and HFT trading, and thousands of traders around the world trust us.
Yes of course. After payment, we will send all necessary files to your e-mail. If necessary, we will help you install programs and advisers on your VPS at any time convenient for you. A qualified customer support team will answer any of your questions on Skype, live chat, mail and social networks.
When using programs, there is no limit on the number of accounts and trading terminals. The restriction is only on the number of VPS servers where programs can be launched and used. The number of licenses depends on your tariff plan. It is possible to purchase additional licenses at a discount. The license is assigned to a specific VPS server or computer of the user, the replacement of licenses is free of charge upon request.
Not. The source codes of the programs and advisors are the intellectual property of Westernpips, and the client uses a ready-made compiled product based on a license and a license agreement. Resale of licenses and any violation of the copyright of the company is prohibited.
Yes. You can consult us on this. It should be understood that we are not engaged in programming small tasks and simple indicator advisors, but we can give you recommendations on how to order such a project if you are completely new. We take into the development only large and serious projects that can bring profit in the field of HFT trading and latency arbitrage. We guarantee the privacy and security of your idea. Also, at the request of our clients, we can modify any of our software and add new brokers to trade and suppliers of quotations.