FIX API Trading Platform (Individual Version) ~

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  • Post by Fintechee
  • Mar 28, 2020
Fintechee supports FIX API. FIX API Trading Platform served as institutional server before individuals can do FIX API Trading

Online FIX API Trading Service

Fintechee supports FIX API. FIX is the so-called Financial Information eXchange (FIX) protocol. It is a message-based standard for the real-time electronic information exchange for security institutional transactions. FIX API Trading helps traders have lower execution time. QuickFIX is a full-featured messaging engine implemented for the FIX protocol.

We use Quickfix 2.X as our FIX engine and FIX4.4 as the version of the FIX protocol. Besides Quickfix, we apply the latest technologies to implement the backend. Fintechee is a full-featured FIX API trading software.

FIX API Trading Platform is a feature that Fintechee WEB Trader’s backend provides. It helps traders connect with liquidity providers to get streaming quotes.

Fintechee developed two kinds of FIX API Trading Platforms. One is for financial institutions, such as brokers, white labels, the other one is for individual traders. Fintechee’s FIX API Trading Platform for Institutions serves as WEB Trader’s FIX Engine.

The institutional version matches brokerages and funds managers very well. But for individual traders, the cost to operate such a big system is too heavy and some features are not necessary.


No Alternatives

Now, we have a new version for individual traders. We made a more compact version full-featured by FIX API connectivities. It can be installed on the desktop. The server side(the backend of the institutional version) was rebuilt as a component to run on the PC. Individual traders can download the package and install it on their desktops and access the liquidity providers straightforward. If you choose this version, it’s not required to access the server-side any more. You will have a standalone WEB server to run on your PC to enjoy this exclusive trading experience.


FIX API

FIX API is an application programming interface for FIX, the message-based standard for the real-time electronic information exchange for security institutional transactions.

Our FIX API trading platform individual version has no brokerages, no WEB server to trade with you as a counterparty. Because it’s installed on your local PC. You need to transmit your open trade positions by sending orders to the layer above them.

70% of financial institutions communicate with each other via FIX API.

FIX API is difficult to communicate with. You need to have skills to parse the messages like the following examples.

8=FIX.4.4 9=171 35=D 34=4 49=XXXXX 52=20210326-19:30:52.331 56=YYYYY 11=1616787052330-2 22=111 38=0.01 40=1 48=BTC 54=2 55=BTC 59=0 60=20210327-03:30:52.331 10=083
8=FIX.4.4 9=273 35=8 34=6 49=YYYYY 52=20210326-19:30:52.571 56=XXXXX 1=xxx 6=0.000 11=1616787052330-2 14=0 17=xxxxx 22=111 37=xxxxx 38=0.01 39=A 40=1 48=BTC 54=2 55=BTC 59=0 150=A 151=0.01 10=192
8=FIX.4.4 9=273 35=8 34=7 49=YYYYY 52=20210326-19:30:52.635 56=XXXXX 1=xxx.001 6=0.000 11=1616787052330-2 14=0 17=xxxxx 22=111 37=xxxxx 38=0.01 39=0 40=1 48=BTC 54=2 55=BTC 59=0 150=0 151=0.01 10=071
8=FIX.4.4 9=297 35=8 34=8 49=YYYYY 52=20210326-19:30:52.638 56=XXXXX 1=xxx 6=53755.720 11=1616787052330-2 14=0.01 17=xxxxx 22=111 31=53755.72 32=0.01 37=xxxxx 38=0.01 39=2 40=1 48=BTC 54=2 55=BTC 59=0 150=F 151=0 10=081

It’s really hard to read and understand the meanings that the messages involved, right?

No worries! Fintechee helps you out of these hoops. You don’t need to parse these messages anymore. What you need to do is just trading as normal. Another piece of good news is Fintechee supports Automated Trading. Now, algorithms traders can code programs like the following example and make them run on the browsers.

function sma (dataInput, dataOutput, calculatedLength, period) {
	var i = calculatedLength

	if (calculatedLength > 0) {
		i--
	} else {
		for (var j = 0; j < period - 1; j++) {
			dataOutput[j] = 0
		}

		i = period - 1
	}

	var sum = 0

	for (var j = i - period + 1; j < i; j++) {
		sum += dataInput[j]
	}

	for (var j = i; j < dataInput.length; j++) {
		sum += dataInput[j]
		dataOutput[j] = sum / period
		sum -= dataInput[j - period + 1]
	}
}

Integrate with FIX Engine

More than 20 liquidity providers who integrate with FIX API trading platform as well collaborate with us. Brokers have more choices to connect via our FIX engine.

  • We can communicate with almost all kinds of financial institutions besides Forex brokers, such as banks, stock brokers, liquidity providers, crypto exchanges.
  • Traders can do High-Frequency Trading(HFT). Our FIX API trading platform can get and transfer market data faster than other non-FIX trading platform.
  • Brokers needn’t buy any other FIX bridge plugIn. Our all-in-one package does all these things for you.

If you have no idea about where FIX Engine is in the “Map”, please read this article: Fintechee Trading Platform Architecture to have an imagination about the figure of Fintechee.


Campaign

We offer several campaigns at the same time. The targeted users are different. So, please check the campaigns to make sure that you are in the correct scope of the specific campaign.

Currently, We have a FREE campaign opened to Github users. If you are a Github user, please check our campaign page to know more details.

We create free campaigns regularly. So, we recommend you subscribe to our free newsletters to keep posted about our latest updates.


The Differences between the Institutional Version and the Individual Version

You may have noticed that our featured picture has exposed the differences between the institutional version and the individual version of our FIX API trading platform.

In our individual version, traders can have a dedicated trading environment. They can send orders to the liquidity providers without the WEB server that the institutional version offers. It simplified the engagement between the traders and liquidity providers and made a better experience for advanced traders.

Besides FIX API connectivities to more than 20 liquidity providers, our institutional version supports multiple-users management, price aggregator and smart order routing system. Please read these articles to know more details:


Instruments and Liquidity Providers

Forex instruments, such as EUR/USD, USD/JPY, GBP/USD… are the mainly traded instruments on our FIX API trading platform.

Additionally, CFD, Stock, Cryptocurrencies, even Spread Betting are supported as well. We have 20+ Liquidity Providers to standby waiting for your choosing.


Online Demo

We provide an online demo for you. The backend is based on FIX API trading platform. Our FIX API trading platform individual version is similar to this trading environment. Please try it for free: WEB Trader.


How to Use it?

  1. Please download the FIX API program from this link: FIX API Individual Version.
  2. Create an account at one of the Liquidity Providers that cooperate with us.(Now, even if your favorite liquidity provider is not listed in our partners, we can serve you.)
  3. Contact us to get the unique license key to activate the program: admin@fintechee.com.
  4. Please install Stunnel on your local PC to make your connection secure(it’s required by all the liquidity providers).
  5. Optional: Some liquidity providers require you to provide static IP addresses so that they can whitelist your IP address for security reasons. But almost all the Internet accesses from home are based on dynamic IP addresses. So, a static IP address is required. We recommend you set up a VPS environment to solve this problem.
  6. Check our Github repository regularly. We will update the necessary files for the FIX API trading platform individual version regularly in our Github repository: FIX-API-Pro.

If you joined our campaign, then the license key had been generated on the campaign form. In this case, you should take care of the license key on your own. We can’t get the license key for you.


Pricing

Please check this article for more details: Individual Traders.


Who We Cooperate with?

Please check the materials below to know how we can work with you:

If you have any questions, please contact us.

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