TraderMade launches forex market data API portal

TraderMade has launched a forex data API portal, offering the benefits of interactive documentation and full turnkey solutions.

The new flagship platform provides forex data via a REST API and self-serving portal, enabling users to manage their own data plans.

TraderMade is a financial market data specialist based in the UK with a mission to support global fintech organisations with the data and tools required to build pioneering applications.

The forex data API portal will be available for both new and existing TraderMade users, who can now access 1,000 data API requests every month, completely free of charge.

In addition, the portal allows users to perform deep dives into data, setting up advanced data trials and upgrading on paid plans.

TraderMade has been serving clients within the FX and CFD industry for the past three decades, having launched a specialized data service in 2019.

It doesn’t matter if a company is a startup or an established player, reliable and high-quality, real-time and historical data is invaluable.

Live rates are useful to ascertain the current market dynamics while historical rates are key to understanding market behaviour and useful for analytics.

Chris Randall, Chief Executive Officer at TraderMade, commented: “We aimed to design a data portal for our users that was easy to use, seamless to interact with, and provided them with the flexibility to alter their data plan to their needs. Our new platform enables our users to actively monitor their data use which is essential for managing data use and costs.”

The core of TraderMade’s data API is the underlying data. The firm traps and collates FX, CFD, and Crypto sources from a range of banks, brokers, and other financial institutions and feed this also into its highly developed ticker engine.

The ticker engine produces a reliable price filtering out spikes and data anomalies to provide a clean reliable source. The ticker engine then feeds into our data API and Historical Database.

TraderMade has customers from all areas of the industry including the T1 banks, brokers and hedge funds, traders and private individuals.

The firm provides real-time data API and cutting edge technologies to help companies and people to power their advanced models and algorithm.

Chief executive Chris Randall joined Tradermade in mid 2000 as a junior developer and worked his way up the company. He led development for a number of years, gaining experience both developing the core products and bespoke work for clients such as CitiGroup, Lloyds and BNP Paribas. He was promoted CEO in 2017.

The Chief Technology Officer is Rahul Khanna, who spent a number of years developing Finance courses before joining the research team at TraderMade. He has since developed complex products and technology solutions for clients such as BNP Paribas, Chainlink.