Tradefora is the first commercially available solution in the market that enables real-time verification of the trade execution quality by comparing over a hundred forex brokers’ pricing. They provide us with a truly acceptable market range for all major FX, metals, energy and crypto pairs. Based on this range our broker clients can demonstrate in near real-time true quality of execution and pricing fills. This fits perfectly into the ecosystem of Serenity Financial, which is designed to protect traders’ interests through smart contract escrow and trade execution quality verification.
We are pleased to have partnered with Tradefora to provide our broker members and traders with their unique solutions for analyzing pricing and trading costs, including spreads, commissions and swaps, as well as hidden costs like slippage and other key execution metrics. Tradefora’s technology helps our broker members unsure they are providing the best possible prices to their clients and traders get a better understanding of the quality of their trade executions. Over the last few months, the Tradefora TCI (Tradefora Composite Index) has become a popular resource for traders and brokers to validate the quality of trade execution directly on the Financial Commission website. This new approach is a great next step for our industry and we wish the Tradefora team continued success in expanding pricing and execution transparency for all.
Media about Tradefora
TRADEFORA is a great tool for users to choose the platform and compare the transaction cost of the platform. Really great. Users of the YoCajr Financial Network website have been using this tool for half a year. The feedback is great. I wish Pavel his TRADEFORA Project better and better!
Tradefora is the industry’s first fully automated analytical tool for individual traders, technically enabling accurate monitoring and transparent quoting to truly protect the interests of investors. We hope that Tradefora will not forget the initial intention and use the high-quality products to promote the health, transparency and more effective development of the foreign exchange market
I have been trading and doing business with OTC markets for over 15 years. Tradefora’s innovation is a much needed breath of fresh air for the entire industry. Unlike the days when I first started, the trading becomes more and more automated. The market moves are too fast and quote refresh rates can reach hundreds of times per second. The true trading costs are hidden in millisecond execution delays, slippages, requotes and rejects. None of that can be measured with naked eye and without highly specialized tools. Tradefora is first and only tool that I know, which puts the over the counter market into the open. It provides a great and clear way to compare accounts and rank brokers on their true execution quality and trading costs.
Tradefora’s RTS 27 solution was able to address all our concerns and accommodate our advanced institutional level liquidity price feeds from multiple LPs and hedging architecture across our entire book of business. All the 8 reporting tables for RTS27 were delivered in full and in a timely manner. Additionally, we were very pleased with the ability of Tradefora’s team to handle market data collection and storage needs for hundreds of our instruments tick-by-tick with full market depth, while offering us a way to access this data via DataGuard solution.