Introduction to FIX API
What is FIX API?
The Financial Information eXchange (FIX) Application Programming Interface (API) that is being adopted by Doo Prime is a communication standard used by regulators, liquidity providers, investment banks, and many other institutional players in the market.
It is a powerful tool to ensure a seamless flow of real-time transaction data between all the market participants to create a smooth trading experience without disruptions.
As an ever-evolving technology that stays current with new and emerging requirements in the industry, it not only caters to the transaction of stocks, bonds, forex, futures and CFDs, but also some of the latest financial instruments such as cryptocurrency.
FIX API 4.4 on Doo Prime – A Spectacular Trading Experience
Currently, Doo Prime is adopting one of the most established versions of the FIX family – the FIX API 4.4.
With this state-of-the art technology, Doo Prime is able to connect all market participants, including commercial banks, liquidity providers, securities exchanges and traders both domestically and internationally to facilitate a spectacular trading experience that comes with greater efficiency, transparency, speed and stability. This translates into a lower cost of market entry and switching costs, which will be passed on the traders to help reduce their trade cost.
Moreover, traders can also enjoy direct market access (DMA) to financial market exchanges that facilitate the transactions of financial instruments such as forex, futures, stocks, CFD, and cryptocurrency.
This means that traders can place their orders for different instruments in several markets with the FIX API on Doo Prime serving as a single trading interface, without the need of using multiple user interfaces and work with each of them individually.
Benefits of FIX API
FIX API is widely used by institutional traders to automate multiple processes and improve trading performance by being able to receive data and submit orders in minimal time. For individual traders it brings a whole new trading experience that comes with seamless, secure and integrated transactions.
Check out how Doo Prime FIX API 4.4 can bring your trades to the next level:
Execute Orders in Milliseconds
Thanks to the capability of transmitting a large amounts of financial data within the shortest time, FIX API enables Doo Prime to receive, analyze and execute trade orders within milliseconds.
All-in-One Connectivity
Traders can enjoy the convenience of a single trading interface that connects them to multiple financial markets simultaneously and increases the trading effectiveness.
Flexible & Customizable
Traders can create their own trading applications using the FIX protocol to customize the trading interface and analytical system that best suits their needs.
Lower Trading Cost
Due to the more efficient and transparent way of transmitting data across various markets, the trading cost is reduced while speed and stability is guaranteed.
Various Trading Products & Platforms
Forex
Metals
Energies
Futures
Stocks
Indices
Crypto
Open A Doo Prime Trading Account Todat
Step 1
Get a live trading account within one working day.
Step 2
Login to your account and make a deposit as low as USD 100.
Step 3
Now you can start trading on more than 200 instruments.