Tickmill, a global forex and CFDs broker, exclusively informed Finance Magnates that it has partnered with TradingView to offer direct market access (DMA) to five of the regulated derivatives exchanges.
The supported exchanges are CME, NYMEX, COMEX, CBOT and EUREX.
Looking Forward to Meeting You at iFX EXPO Dubai May 2021 – Making It Happen!
This integration will allow Tickmill clients to execute trades directly from TradingView charts. Additionally, the broker will offer access to TradingView Pro for a limited time to new futures clients at no extra cost.
“Our partnership comes as the next logical step in providing traders with a seamless Futures trading experience,” Tickmill UK CEO, Duncan Anderson said in a statement.
Strengthening Futures Offerings
TradingView is one of the most popular charting platforms for traders. It is a data-driven investor community, which is ranked among the top 300 websites in the world, powering over 40,000 other websites and providing social networks. Additionally, many other brokers have integrated their services into TradingView.
Tickmill is optimistic that the integration will accelerate its growth in the futures trading space as retail clients will gain access to a wider set of market research tools on TradingView.
“At the start of the US session, TradingView has a staggering 14,000 simultaneously active users. With such a large client base, it makes sense that we provide our clients with the opportunities afforded to users of TradingView, coupled with the exceptional trading conditions that only Tickmill can offer,” Anderson added.
“The aim was to cultivate a ‘streamlined’ trading environment where clients can diversify their portfolio with a lower cost entry barrier and reliable execution mechanism via robust centralized trading exchanges.”
Meanwhile, trading activities on Tickmill have been soaring since recent years. The platform reported a massive jump in activities in 2020 with the impact of the pandemic on the trading industry, hitting another report last March with $195.6 billion in monthly trading volume.
Source: Read Full Article