Alchemy Markets’ FIX API allows traders to connect to our global liquidity directly and integrate with any custom trading platform or GUI. This allows traders high-speed connectivity, ultra-low latency execution, and fully customizable trading built to their specific trading needs. With access to over 300+ products across 10 asset classes, including multiple unique price streams and dark pools, Alchemy Markets offers one of the most robust offerings for your FIX API Trading. With institutional raw spreads and a sliding scale commission based on notional volume, high-frequency traders can save more with Alchemy Markets FIX API Solution.
What Is FIX API?
The Financial Information Exchange API is an industry standard protocol used by major trading firms to ensure the fastest possible execution. It encodes information about orders and sends them as standardised messages between market participants. An API (Application Programming Interface) is software that allows two users to exchange information. For Forex traders, this protocol is relevant as it is necessary for high-speed, algorithmic strategies. FIX API allows you to connect directly to the global marketplace without using a third-party programme like MetaTrader. At Alchemy Markets, traders can use FIX API for faster order execution and get live market data with maximum transparency and minimal trading costs.