IG Group launches Signal Centre Trade Ideas EA for MT4

Rick Steves

Signal Centre is an FCA-regulated service offered by a team of experienced technical analysts and professional traders that deliver clear trade ideas to enhance trading opportunities.

IG Group has introduced an expert advisor (EA) for MetaTrader 4 that executes the trade ideas from Signal Centre, the market research firm recently acquired by Acuity.

The FX and CFD broker has been offering access to Signal Centre for many years now, but the launch of an EA for MT4 is a new development that is likely to find wide popularity among its client base.

Signal Centre is an FCA-regulated service offered by a team of experienced technical analysts and professional traders that deliver clear trade ideas to enhance trading opportunities.

It is a combination of experienced, human-led analysts and AI technology that conducts a deep analysis of the markets and delivers risk/reward trade ideas that support novice and advanced traders.

The team of experienced market professionals uses both traditional and alternative data sets to gain a comprehensive view of the markets, from the short to the long term, to suit all trading styles.

The Signal Centre Trade Ideas EA for MT4 turns the actionable trading ideas from rich analysis content and data into signals and orders that can be executed on the trading platform.

“We believe in transparency which is why Signal Centre is authorised and regulated by the Financial Conduct Authority. This means you can be assured that the signals are compliant-friendly and help you to build trust and loyalty amongst our clients”, said IG Group in a statement.

Signal Centre has recently been acquired by Acquity for an undisclosed sum in a move that aims to further cement Acuity Analytics’ position as a leading data and analytics provider in the financial markets.

Acuity Trading and Signal Centre remain as independent companies whilst drawing on shared internal resources and expertise.

Signal Centre, formerly known as PIA-First, was founded in 2007 and grew from serving professional clients’ central need for trading signals to launching on trading platform in 2013 after a management buy-out.

In 2015 a multi-lingual CMS system was designed and developed to further enhance the global reach and in 2018, Signal Centre successfully applied for direct authorization and to be FCA regulated.

Earlier this year, IG Group completed the acquisition of online brokerage and investor education platform tastytrade for $1 billion.

tastytrade was founded by the entrepreneurial management team who previously created the highly successful options trading platform, thinkorswim, acquired by TD Ameritrade in 2009.

The US-based brokerage is used by over 105,000 self-directed investors with active accounts. IG will provide tastytrade with a platform for international expansion.

The transaction is made up of $300 million in cash and the issuance of 61,000,000 new ordinary shares in IG Group to tastytrade shareholders.

Read this next

Retail FX

ThinkMarkets expands CFDs lineup to over 4000 ETFs and shares

ThinkMarkets has expanded its service offering by incorporating 2500 new CFDs on shares and ETFs on its ThinkTrader platform.

Retail FX

France regulator warns investors of Omega Pro, Businessempire.fr

France’s financial markets regulator alerted investors that scams related to Omega Pro Ltd are beginning to circulate, with the blacklisted firm capitalizing on the situation to run a range of “unrealistic” offers.

Digital Assets

Web3 platform Grand Time paid $2 million in token earnings to date

Community-driven Web3 platform Grand Time said its offering – which includes a multifaceted platforms and its native token – has been gaining significant traction highlighted by impressive operational metrics.

Institutional FX

FX volumes at MOEX halved in April as ruble gains gorund

Currency trading at Moscow Exchange (MOEX) halted its upward route in April as monthly volumes nearly halved from a month earlier.

Digital Assets

FTX US adds stock trading, fractional shares to crypto platform

FTX US, the American subsidiary of crypto exchange FTX has kicked off stock trading feature to its customers in an effort to compete with popular platforms such as Robinhood and eToro.

Industry News

UK FCA empowered to remove brokers’ permissions in 28 days

Businesses with permissions they don’t need or use, risk misleading consumers. These new powers will enable us to take quicker action to cancel permissions that are not used or needed.

Industry News

CFTC charges $44m Ponzi scheme but millions may have fled to foreign crypto exchange

The CFTC alleged that defendants transferred millions of dollars to an off-shore entity that, in turn, may have transferred funds to a foreign cryptocurrency exchange. None of these funds were returned to the pool.

Technology

Saxo Bank deploys Adenza to address Basel and EBA requirements

The integration of ControllerView will enhance Basel-driven capital calculations and reporting at Saxo Bank in support of the bank’s multijurisdictional capital and liquidity reporting requirements throughout Denmark, Switzerland and UK, with plans to expand into the Netherlands.

Executive Moves

ComplySci appoints CTO, CPO, and CLO to further regtech’s product expansion

ComplySci offers compliance software used by more than 1400 global institutions to identify risk and address regulatory compliance challenges.

<