At that time, however, its format was a closed system, not designed to connect retail traders to a live marketplace. Just under a decade ago, the MetaTrader 4 platform had already rocketed to ubiquity. There is no doubt that today’s retail traders bear very little similarity to the retail traders that existed en masse even as recently as the end of the last decade. Hedge funds and interbank dealers no longer have an advantage over retail traders with more capital to design algos and trading systems to beat the market Exclusive: Retail traders can now design, backtest and work together to develop algos historically available only to banks and hedge funds
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