What is FIX API
FIX API is an API, based on the FIX protocol, and used to communicate directly with the cTrader Server through FIX messages. It is a protocol, designed for exchanging electronic messages, containing financial information – 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. Traders can access their credentials directly from the cTrader platform, whether it’s 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), as well as monitor positions and order status.
Offer your traders a FIX API trading interface without additional costs, subsequent commitment requirements, or user barriers.
Why FIX API
This trading interface is ideal for institutional, professional and high-frequency retail traders, as it works to further increase their trading capabilities.
Due to high speed of connectivity and low latency communication, orders are executed in
Large amounts of information are almost instantly transferred, providing traders with vital, real-time streaming data.
Free FIX API
cTrader FIX API is free for traders. There is no commitment or administration required for
Traders can build time-critical trading applications, requiring minimum latency, and connecting them to the server via FIX API.
Designed for transmitting financial information, FIX API already comes with industry-specific language and features’ set.
FIX is a standardized protocol used across the financial industry, thus, its implementation is fast and easy across all institutions.
Attract professional traders by offering your clients the FIX API protocol and its benefits.
Plenty of support resources are available to traders, looking to use cTrader FIX API.
The FIX API Specifications document is a dedicated implementation guide for the cTrader FIX API, intended to serve software developers in FIX API adaptation. It is a reference document for all messages supported in the API, and it is consistently updated with every revision.
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.