A liquidity bridge is a software that connects liquidity providers and trading platforms. It receives quotes from LPs, processes them, sends them to the trade server, and executes or forwards trade requests to LPs. It combines the behavior of the trading server and liquidity provider into one system, and can be customized using settings and report management features. Typically, it is a plugin for a trade server.
What to Know About When Selecting a Bridge
When choosing an MT4 liquidity bridge, make sure to carefully review the pricing plans and contracts. Ensure that you understand any additional charges which may not be immediately apparent. Ask about trading volume, setup fees, and monthly costs related to connecting additional liquidity providers or exchanges.
Ensure to test all essential and desirable features during the trial period of your data aggregation tool. Consider liquidity bridge ability to aggregate the types of data required as well as how easy it is to use the graphical user interface (GUI).
It is essential that your bridging solution provides access to liquidity providers with competitive terms. Furthermore, make sure the system has the flexibility to incorporate new connections, so that you can accommodate any alterations in your business requirements moving forward.
Research reviews of the provider on third-party sites or their own website to assess their capabilities. Also, check online for feedback from current customers regarding their customer service team’s abilities and response times. Additionally, find out if they offer an emergency line in case of urgent issues.
Also, to determine the speed and performance of the MT4 Bridge, ask for a trial period and use a stopwatch to measure order execution.
Best Liquidity Bridge Providers
The market is filled with liquidity bridge providers. The most well-known are listed below.
Devexperts
Centroid Solutions
Advanced Markets
oneZero
Conclusion
Trading financial assets is a complex process requiring an infrastructure of liquidity providers and trading platforms to facilitate the buying and selling of assets. The liquidity bridge acts as a link between them, enabling smooth electronic trading in the markets.