Application Programming Interface - API

Application Programming Interface - API
An interface or "go-between" that enables a software program to interact with other software. In the context of forex trading, an API refers to the interface or platform that enables your platform to connect with the market. APIs have multiple features that facilitate information sharing, including real-time forex price quotations, trade execution and order and trade confirmations.

Proprietary APIs are offered by almost every major online forex brokerage. Because the fast-paced nature of forex trading makes automated trading preferable to manual trading for most traders, a reliable API is an important differentiator for a forex brokerage to ensure stable operation and execution of trades.


Investment dictionary. . 2012.

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  • Application programming interface — API redirects here. For other uses, see API (disambiguation). An application programming interface (API) is a source code based specification intended to be used as an interface by software components to communicate with each other. An API may… …   Wikipedia

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