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SYSTRA Brings Algorithm Trading To The Masses with Launch of FXTraBox

FXTraBox Homepage Screenshot

SYSTRA, a financial technology firm that is making algorithmic trading accessible to anyone, has partnered with IBTRADE, to launch its flagship product, FXTraBox™, a powerful algorithm building tool that enables traders to build and deploy complex automated trading strategies without writing a single line of code.

Offered on a monthly subscription basis, FXTraBox delivers comprehensive modular, DIY, low-cost algorithm building and management features. Initially, FXTraBox will support OTC Forex trading and back testing via Metatrader4 (MT4). In the near future, FXTraBox will add options, equities, futures and fixed income trading, along with live trading connections to FXCM Inc. (NYSE: FXCM)

SYSTRA, bootstrapped, has spent the past 3 years developing FXTraBox, to deliver an intuitive design, easy-to-use interface, but user-friendly functionality that is uncommon with traditional financial software products. 

"We are putting powerful institutional tools into the retail traders' hands with the launch of FXTraBox," said Andrew Bark, SYSTRA CEO. "Algorithmic trading has long been available only to institutional traders that have the resources for software engineers to build and execute on every trading strategy. We created FXTraBox to provide an intuitive, modular design that will provide anyone access to a web-based platform for building, simulating and executing algorithmic trading strategies. Most algorithm building platforms in the market has been very limited in its capacity to actualize complex trading strategies. We have built FXTraBox incrementally based on hundreds of actual traders' feedbacks from the beginning, rather than purporting to specify the platform before development even starts."

Today, algorithmic or algo trading, which are sets of trading instructions that can be installed on a platform and are able to open and close positions without human input, represents 75 percent of the equity volume in the United States. Just as options trading evolved into the retail market a decade ago, algo trading is gaining popularity because it enables traders to test and analyze investment strategies more effectively than the human brain and removes emotion from trading decisions. However, the high cost of employing specialized financial software developers limits this trading practice to large institutions.

SYSTRA's patented builder eliminates the need to interface with software engineers. Instead, users have the ability to simply set key conditions, actions, indicators, and relationships.  FXTraBox currently offers over 1,300 technical indicators and will soon add fundamental newsfeed, which can be set to an interval of anywhere from one minute to one day. SYSTRA's cloud-based platform can be accessed from anywhere and does not require downloading or specialized software.  

With FXTraBox, users have the option to back-test then trade using their strategies through their brokers via MetaTrader4, world's most popular FX trading platform.

FXTraBox offers three monthly subscription plans:           

With Lite plan, users can build unlimited strategies, download executable files (EX4) to test on MT4 and access over 1,300 technical indicators, for free; or,

With Plus plan for $95 a month, users can download 3 proprietary MT4 panels, including Account Monitor, News Monitor, Speed Order Panels; or

With Professional plan for $145 a month, users can download 5 Algorithm source files (MQL).

About SYSTRA Inc.

SYSTRA is a Seoul-based financial technology firm that has developed an innovative cloud-based platform enabling traders across all asset classes to leverage algorithmic trading. Founded in 2011, SYSTRA is bootstrapped and has built a team of financial entrepreneurs and engineers. For more information, visit www.fxtrabox.com

About IBTRADE LLC

IBTRADE is a Seoul-based financial multimedia firm that publishes multiple information platforms for fundamental investors and buy-side investment professionals. IBRADE was founded in New York, where it initially started as an alternative investment fund introducing brokerage. For more information, visit www.ibtrade.com

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