Mirror Trader Increases Presence in Cypriot Forex Market

NEW YORK, December 5, 2012 /PRNewswire/ --

4 new signed brokers since early 2012

Tradency, originator of the Mirror Trading concept and developer of the industry-leading Forex trading platform - Mirror Trader, has signed 4 new brokers since beginning of 2012. United World Capital, Hot Forex, XEMarkets and FX Pulp are now part of the 40, and growing, brokers to incorporate Mirror Trader into their offering.

Dr. Andreas Loizides, Chief Information Officer, XEMarkets: "Mirror Trader is a very popular platform among our clients, and we as a broker, aim to accommodate our clients. It's extremely efficient with the novice trader, thanks to its user friendly features and at the same time it benefits the experienced trader as it allows them to expand and improve their trading to alternative currency pairs or other financial instruments. So at the end of the day it's a win-win situation - our costumer are satisfied and we see a steady increase in deposits/volumes"

Since the conceptual change to its business model earlier this year, Tradency had successfully turned the Mirror Trader platform into a mass market product. By doing so, Tradency demonstrated record breaking growth in both business and volume. Oz Golan, Director of Sales, Tradency: "Cyprus is a very important market for us. It's home to many leading Forex brokers we would be happy to call our customers. We are very pleased for each new broker adding Mirror Trader to their professional offering. We believe in its added value for brokers, answering to market grassroots demand for advanced mirroring tool, and at the same time maximizing their trading volume and revenues."

Mirror Trader is based on the Trade-By-Knowledge concept, exposing traders to the vast knowledge of experienced CFD & Forex strategy providers. The platform's ease of use and multiple trading options (automatic, semi-automatic & manual trading) enables traders to start trading faster and stay active longer.  

About Tradency

Tradency Inc. is the developer and originator of Mirror Trading technology, which enables traders in foreign exchange to automatically evaluate and adopt global strategies. Tradency's Mirror Trading Platform offers traders a flexible choice of combining its groundbreaking approach with traditional online trading methods. Since its inception in 2005, Tradency has pioneered this new method, creating a new category of platform trading. Tradency continues to innovate its services, reinforcing its reputation as the creator of cutting-edge industry practice.

To find out more: http://www.tradency.com

Contact:  
leehee yaron-gerti
Leehee.gerti@tradency.com
Office: +972-8-9361145