Our company Westernpips Group positions itself in the market as a high-tech company with its algorithmic systems, advanced IT infrastructure, large-scale developments and a wide range of various services. The software/program is one of the main products of the Company.
Our team of highly qualified programmers is developing software for the Forex market and CFD`s as well as for the crypto currency market. Our software combines the largest liquidity providers (quotations) at the moment, and is a unique development of our specialists, created specifically for arbitrage trading with a lot of tools for arbitrage on Forex, CFD`s and crypto currencies that help you earn. Westernpips Group is one of the few companies that provide fast data feed directly from exchanges. As a result, our customers receive the fastest, most reliable and accurate quotes. Many large institutional traders rely on Westernpips Group’s software in their arbitrage trading.
HFT ARBITRAGE TRADING GETTING STARTED
HFT Arbitrage is an automated trading system, the use of which requires some skills and knowledge in this area. This is not a money machine. First of all, it is a ready-made trading instrument capable of bringing money to an experienced trader.
As in any other business, making a profit depends only on your personal efforts and the desire to earn. You should not wait for short-term profits and hope for the help of others, you need to act independently and follow some instructions that our team has developed. For forex arbitration, the statement “money loves silence” is best suited.
HFT ARBITRAGE TRADING – HOW TO START EARNING?
If you are new to the market and have no experience in this field, then you will need at least 6 months to start earning. You also need an initial capital of at least 2000 USD to get started . You should use the money on your credit card or invest your saving money for trading. Risk warning is the first thing to start when working with highly volatile financial instruments, crypto currencies and stocks.
Do not forget that the Forex market, like trading on the stock exchange as a whole, is just a game. Here everyone has equal chances and big risks. This is a casino where you place bets first of all, and your winnings at any time can be canceled by the owner of the game. So are there any chances to win at the casino? How do you think? Is there any chance to win at the casino honestly? The answer speaks for itself; in order to earn you need to fool a broker and play against him, using the same methods he uses to take away your money. We will not disclose this topic in more detail, you can easily find it in other sources.
Let us dwell in more detail on the latency arbitrage trading strategy and the possibilities to make money with it. Where to begin? To recognize the presence of lagging quotes at the broker, you need a special software. The human eye is able to perceive a change of information every 20 ms, and a trading robot can do it every nanosecond, which is hundreds of times faster. Our company has a variety of software products for arbitration and to get started you should purchase the appropriate tariff plan.
After payment, our customer support team will send you all the files you need to work.
The next step is to rent a VPS server. A list of suitable servers and prices can be found on the page VPS For Arbitrage.
The next main step is the selection and connection to a fast feed provider. We have a huge variety of options and geolocation of liquidity providers and you should study each of them and choose the most suitable for you, focusing on the country of your residence and the presence of the minimum required initial deposit.
If you do not have an opportunity to open an account with a fast supplier of quotes, you can use free quotes from our server (LMAX, RITHMIC) , and you can also connect quick quotes via expert advisors connectors, for example, from CQG terminal, where quotes are also very fast.
Further, the most difficult stage is the search and selecting the slow price feed brokers to make profit with. Many brokers have the same quotes on a demo and a real account, so you can, by testing a demo account, immediately understand whether this broker is suitable for arbitration or not. You can also test a broker without replenishing a real account through Westernpips Analyzer 1.3, in which you can perform a graphical analysis of quotes, find gaps (quotes lagging), view saved log files of signals (Excel and pictures) and further if the broker has a lot of lags and signals , replenish the real account and start trading.
Another way to test brokers is to open a real account with a minimum deposit and test our software there with the lowest lot possible.
HOW TO CHECK IF THE BROKER IS SUITABLE FOR HFT ARBITRAGE TRADING OR IS IT WORTH SEARCHING FOR A NEW BROKER?
1. Order execution time (Execution Time). You can check the order execution time in two ways: open a test order with your hands or wait for the first transaction of the advisor Newest PRO 3.7 Exclusive. You can see more in the pictures below.
If the order execution time is more than 1000 ms, then the broker is not suitable for arbitration, or your account is already marked by the broker and your order execution time has increased. The Expert Advisor has a special block of settings <<< CONTROL EXECUTION PLUG-IN >>> where you can configure the control of order execution time and automatic trading stop in case of exceeding the set time limit for opening and closing an order.
2. Order execution price and slippage (Slippage) – this is also a very important parameter in arbitrage trading. Now many brokers use liquidity from several suppliers of quotes at once and your order can be executed at new prices (or market), in this case, the actual opening price of the order will differ from the price at which the adviser sent a request and calculated the signal and slippage will occur. Slippage = Request Price – Order Open Price
The amount of slippage should not be greater than the value of the gap (gap quotations) when opening a transaction. The ideal option for trading arbitrage is zero slippage, in this case you will get the maximum profit from the transaction in points. The more slippage, the less profit in points you have left. Due to slippage, dishonest brokers and kitchens earn and take away these items and your money in your pocket in addition to the spread and commission.
3. Check the ping with a broker and quotes provider. Time of execution of transactions and slippage directly depends on the ping with the broker’s server. You can check the ping in the trading terminal on the taskbar in the lower right corner. You must select a server with a minimum ping and switch to it. Ping 0-10 ms is considered ideal. If you have more ping, then most likely the broker’s servers are located in another data center and you need to rent a VPS server nearby.
You can check ping with a fast supplier of quotes in the Trade Monitor 3.7 program at the bottom of the quotes monitor or on the Check Your Ping tab (you can check ping with any server and IP). Ping 0 ms is considered ideal.
4. If you have a good ping with a broker and the time of order execution, as well as orders are executed with zero slippage or with little slippage, then the broker is suitable for arbitration and you should choose the optimal settings for your chosen tool and start earning! Description of the settings you will find in the User Guides.
5. A good option for arbitration is trading in a period of high volatility and release of news data. At this moment, the brokers’ servers are overloaded and there are even lagging quotes due to the large number of customer requests and order flow. The opening of the European and American sessions is also a great time to work as an advisor. News arbitrage is very popular and some prefer to trade only at this time.
6. If you find a good broker and start earning, be careful and follow the work of the adviser! If you achieve high profitability in your account in% and in the deposit currency, the broker can install plugins into your account and you need to stop trading and withdraw profits.
Well, the last thing I want to say to all our customers. To earn big money you must be prepared for this. And this is not only for your knowledge and experience, but also for your spiritual side. Read books and parting words of famous and rich people. One of the simplest examples is the Secret movie, watch it and start by defining your earnings goals. Determine how much $$$ per day you need for happiness. Do not be greedy! Start with simple goals and go to more complex goals gradually. Money and earnings are not given to everyone with the same luck. This is magic and you must take at least some steps to get your winnings from fate. Be kinder to those around you, be merciful.
As an author and founder of Westernpips, I would like to express my gratitude to all our clients, partners and investors!
You trust us and our growth is largely due to your applications and suggestions for improving our software products!
We strive to make the complex technology of latency arbitrage and HFT trading available for ordinary traders, for those who really need to earn money!
I myself went this way with you and I know how difficult it is to start trading in the financial market, how unreal it seems to be earnings,
when there are only a couple thousand dollars in your pocket, and sometimes a couple hundred.
Not everyone can earn here, trading on the Forex market should be your passion, your vocation,
you should give the market all your time and only then you will get a decent result!
There are many success stories among our clients that I learn about every day when I receive your calls and messages!
We are not satisfied with what has already been achieved, we are always moving forward and this year will not be an exception!
This year, a new program will be released, combining several types of arbitration: 1 leg, 2 leg, multi leg arbitrage, spread arbitrage,
hidden arbitrage, lock arbitrage between any brokers trading terminals / cTrader terminals and FIX API brokers.
Erasing the boundaries and expanding the possibilities, we will introduce a new trading technology without using the broker trading terminal / cTrader terminals,
directly via the TCP protocol, sending orders to the broker’s server with the maximum speed! Follow our news and get new opportunities with us!
Masking Methods For HFT Arbitrage Trading
In order to deceive the broker and confuse him, there are also several methods of work. The first is the increase in the duration of transactions. The advisers have settings to control and increase the duration of transactions. Transactions of more than 1-3 minutes are no longer considered scalping and do not fall under the restrictive rules.
Another option is to open an account and trade on an account manually for 2-3 weeks. During this period, the broker will move your account to a separate group of accounts, where there will be better conditions for slippage and transaction execution time (b-book). You can also make a mix of manual transactions and arbitrage transactions, as well as use other trading systems on the account for masking.
There are also special versions of Newest PRO Hedge and Hidden EAs that work on the algorithm of varnishing and holding orders for a specified time interval.
Trading on a minimum lot is another option for arbitration over the long term. Often, the broker does not install plug-ins on the minimum lot for the instrument. Plug-ins are often turned on when the maximum lot is reached and the deposit is maximized (trading the maximum risk with the maximum leverage).
Managers of some brokers are interested in profitable work of the client and generating large volumes of transactions. Agree with the manager is another option to work by arbitration. Now, many managers know about this type of trading and can tell you what maximum lot to use and what profitability per day you can do as much as possible so that the supplier does not pay your account. Look for connections and negotiate, as in any other business, to earn you need to make an effort!
Change your IP address when working with a new account. Broker monitors all clients and their IP addresses are in its database. The service of changing the IP address is available from VPS providers.
View the monitoring, reporting and trading advisors examples in real-time. After seeing them you can plunge into the world of high-frequency trading and to feel the spirit of this profitable trade. All reports and monitorings only with live accounts, real investors. Good luck watching!
The Westernpips Group company conducts a number of new developments on working with dark pool and high-speed direct connections via ITCH, FIX, FAST, BINARY, and other protocols in order to generate the highly profitable algorithmic technologies in HFT trading.
WESTERNPIPS PRIVATE HFT #1 LATENCY ARBITRAGE TRADING TOOLS
Westernpips company is the market leader in arbitrage technology for low-latency traders. Since 2007, we have been working, improving and looking for new ways for algorithmic trading and making profit not only by the participants of our company, but also by our customers, partners and investors. Together with you, we have already come a long way and today our products and services are used all over the world and we are trusted by many large institutional traders because we work for the success of our clients and new achievements in high-frequency algorithmic trading and arbitrage in Forex, CFD`s, the market for futures and crypto currencies.