IQBroker Trading Software Review

IQBroker is renowned as the world’s most sophisticated broker-neutral trading platform provider. The company was started by Daniel Tochner with the goal of developing an algorithmic trading platform that allows trading of forex, futures and stocks. Daniel Tochner is the current CEO of IQBroker with over 15 years of accumulated experience in professional software developer, capital markets and business administration.

To ensure the company provides the best products and services to its customers, it has designed 18 different types of .NET scripts. These scripts are developed to control all aspects of discretionary or algorithmic trading. That is not all. The platform allows traders and investors to back test and optimize their trading strategies while trading with stocks, futures and forex.

Top Platform Features

IQBroker has designed a platform for equities, futures and forex trading. To provide users with the best experience, a unique set of powerful features are available with the platform. They include:

1. Chart
The platform features chart trading allowing traders and investors to trade directly via its integrated trade pad. Users can change chart styles to one of the following – box, candlestick, candlestick with trend, candle volume, dot on close, equivolume and volume histogram. That is not all. Users have the chance of modifying orders directly on the carts as well as setting up sophisticated alerts.

2. Backtesting
Developers at IQBroker understand how important it is for traders to attain success with every trade. As a result, they have added a backtesting and optimization feature. This feature helps traders and investors to optimize an entire portfolio of algorithmic trading strategies using custom optimization algorithmic and goals.

3. Scripts
18 different types of .NET scripts are available with the platform. They are bundled into the following groups – strategy, chart and portfolio level scripts. The scripts are designed to customize every aspect of the traders and investors discretionary and algorithmic trading.

4. Multiple workspaces
Users have access to multiple workspaces each with its own trading tools. The workspaces are flexible and structured. They can be resized and rearranged through the merging of cells. Furthermore, users can name, delete, load and save workspaces.

5. Watchlist
With this feature, traders and investors have the ability of viewing open position details for every symbol. One can also view streaming real time quotes for every symbol as well as add watchlist columns that aid in calculating indicators, patterns and signals.

Other Services

Server/VPS
IQBroker offers the most powerful cloud based VPS solutions for professional traders. The servers are located worldwide to provide users with 99.9% uptime and market closeness. Every VPS server is configured for optimal trading experience and lightning fast performance. The following packages are available:
i. Silver VPS – $149.95
ii. Gold VPS – 199.95
iii. Platinum VPS – $299.95

Consulting

IQBroker is run by a team of experts who are prepared to assist users in coding trading strategies and indicators to run on the platform. This allows users to take advantage of the many features finally trading successfully. The service is provided at a fee depending with the complexity of the script.

IQBroker experts provide on-site consulting for hedge funds, trading firms and home based offices. The same service is extended to high net worth individuals who are planning to use their platform. The purpose of on-site training is to provide clients with one-on-one expert consulting thus helping users learn how to implement, test and deploy the platform. That is not all. The experts are prepared to travel anywhere in the world to meet the client’s needs.

Contact support for more help.

Training

Traders interested in learning how to use IQBroker’s platform have the chance of being trained by professionals. The training is designed for non-programmers with zero programming experience. Advanced programmers can still learn new stuff which is useful in optimizing the platform for a better experience.

Pricing

As a company dedicated to the development of sophisticated trading platform and algorithmic trading software, it has provided its services at a particular fee. For example, training offered to non programmers as well as advanced programmers is priced at $299.95. For consultancy services, the company requests users to contact support for customized packages.

As for the platform, it is available in three packages – community edition which is free, professional edition priced at $49.95 a month and Enterprise edition priced at $299.95 a month.

Final Thoughts

IQBroker has provided a powerful broker-neutral trading platform that allows users to backtest and optimize their trading strategies for better results. They offer training and consultancy services to improve how users utilize their platform. To learn more about IQBroker, visit the company’s website.