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What is a Broker, Platform and Datafeed?

How brokers support futures traders with execution, insights, and seamless account integration.

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Written by Tradesyncer
Updated this week

💼 The Role of Broker, Platform and Data feed for Futures Traders

Brokers, Platforms and Data feeds play a crucial role for futures traders, acting as intermediaries that help execute orders for futures contracts at optimal prices. Here’s how brokers support futures traders:

1. 🌍 Market Access

  • Brokers provide access to various futures markets, enabling traders to diversify their portfolios and explore different asset classes.

2. 🧠 Advisory Services & Market Insights

  • Brokers offer market insights and advisory services, tailored to the trader’s strategy, helping to make informed decisions.

3. 💵 Custodial Services & Leverage

  • Custodial services are provided to safely manage funds, while leverage allows traders to borrow capital, amplifying their purchasing power and potential returns.

🔗 Connecting Multiple Brokers with Tradesyncer

At Tradesyncer, you can connect all your accounts across different brokers, such as Tradovate, for seamless trade copying and a comprehensive view of your overall performance.

How Tradesyncer helps you manage accounts located across multiple brokers, platforms and data feeds

  • Trade Copying: Automatically copy trades across multiple accounts to maintain alignment with your trading strategy.

  • Performance Insights: Gain valuable insights into your trading activities and overall performance across all connected accounts.

  • Informed Decision-Making: Access better analytics and reporting to make more informed decisions in futures trading.

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