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Differences between the Foreign Exchange Market and Stock Market May 23, 2022
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Application Programming Interface Trading (API Trading)

Mira Team by Mira Team
in Forex Terms
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Definition – What does Application Programming Interface Trading (API Trading) mean?

Application programming interface refers to all trading that uses a software program to interact with other programs. The API acts as the middleman between the trader and the market, relaying orders and retrieving information as needed. Many online forex brokers provide software to their clients to allow API trading.

ForexTerms explains Application Programming Interface Trading (API Trading)

API trading has become so commonplace that many traders have never experienced phone-based trading. The advantages of API trading are numerous, including the level of customization possible and the ability to run automated trading programs. The API offered to clients may vary from brokerage to brokerage, so it is worth testing through a demo account before signing up.

ⓘ Mira FX is not liable for any damage or loss, including but not limited to, any loss of investment, which may be based either directly orindirectly on the use of or reliance on such information. Before deciding whether or not to take part in foreign exchange or financial markets or any other type of financial instrument, please carefully consider your investment objectives, level of experience and risk appetite.

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