Invast, the brand behind the in the financial services space, today announced a launch through its Australian entity Invast Financial Services Pty Ltd – releasing its myST24 trading platform for automated trading signals.
This release follows the brands’ – and marks the first time the company has launched this platform outside of its home jurisdiction.
The platform has over 6,000 built-in trading strategies, with over 2,000 of those specific to Invast’s clients only, according to the company’s Director of Communication, Ashley Jessen, quoted in the official press release, and who explained how myST24 provides search capabilities for traders screen strategies based on various criteria such as which are trending, or those with a high win percentage, at any given time.
Just with added functionality.
Mr. Jessen added, “You’ve really got everything at your fingertips to identify which type of strategies you want to build as part of your portfolio… and they’re all Forex related.”
In addition to myST24, Invast offers traders both the cTrader and Metatrader 4 trading platforms, giving traders access to a wide range of trading products including indices, commodities & bonds. The company also offers the Invast ST24 platforms, – which is linked to the myST24 platform, as seen in the youtube video demonstration listed on the product page of invast.com.au. The company has a fairly extensive amount of experience dealing with and as having conducted related research of similar offerings across its various business lines and respective customer bases, as .
Part of the perceived benefits of the signals trading solutions involves a strict risk management system that myST24 uses, built to deter traders from over trading and over leveraging their account by gauging their exposure with Invast’s margin meter.
In Japan, the platform has gained considerable traction with over 60,000 accounts already registered, and was mentioned as one of the world’s largest auto-trading service by number of accounts. Invast plans to inform all users interested on when new updates become live and on new information releases, as per the update.
The development of the signals trading market, also described as social trading, depending on the context and structure of the network (e.g. open versus closed networks, and whether signal providers undergo screening), has evolved considerably in the last 10 years with regulators in different parts of the world looking at how to classify such products within existing compliance frameworks.
In addition, several platform technology providers have joined the social/copy-trading bandwagon after the initial pioneers proved the scalability and demand for this service, which shows that the trend is here to stay so long as any new rules permit the ongoing offerings of such solutions –.
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