BJF FIX API Trader $1000
FIX API Happy Gold $299
FIX Trader software developed by BJF Trading Group inc. is a special tool that allows traders to apply their favorite MT4 Tools, Indicators, and Expert Advisors to work with FIX API market data and trading sessions. The very obvious advantage is the much lower latency to process orders via FIX API versus the Metatrader 4 platform. Execution times of just a few milliseconds are normal for FIX API trading. Especially during “News-Trading” when fast order processing and execution is of essence and a few milliseconds decide about profitability of a trade FIX API is the best way to trade.
IOC – an Immediate-or-Cancel order instructs the broker to cancel any part of the order that cannot be filled immediately.
For example you send order buy eurusd 1.2345 with slippage = 0.1 In this case broker can execute order by price < = 1.2345 +0.1 = 1.2346 Broker can't execute order buy price 1.2347 but broker can execute price by 1.2344