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AvaTrade launches Algo-Strategies Hedge Funds for retail traders
Launched in July, the high-end trading algorithms provided by Tradency hedge funds are now available for AvaTrade broker customers. The broker offers trading algorithms as part of its existing Mirror Trader offer. 
Developed by hedge funds worldwide, each strategy is hand picked by Tradency, on the basis of its performance. Roy Aaron, sales manager at AvaTrade, said: "Our goal has always been to provide our clients with the best trading tools to help them succeed in the financial markets. Therefore, this new service fits perfectly with the AvaTrade vision."
For retail traders, the advantage is to benefit from a strategy and institutional quality risk management with account sizes well below the very high minimums required to open an account with a hedge fund. Some involved hedge funds: CenturionFX, IntelAgent, Sagat Capital, Capital Management and Bluehive Tribelet Capital.
Oz Golan, sales manager at Tradency, commented: "AvaTrade is a valuable partner, we are very pleased to extend our collaboration to include our algo strategies within Mirror Trader."
In July, Golan explained that for hedge funds, participation in Mirror Trader is a good way to serve international clients in new geographical regions.
Tradency invented mirror trading in 2005. The company is mainly seen as a technology provider for forex brokers, so it is not possible to open a demo or live account on the Tradency website. You must go through one of the forex brokers that are partners of AvaTrade (click here to open a demo account).
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