The document explains how to create a forex robot for FIX API trading, detailing the benefits of the FIX protocol such as transaction efficiency and effective arbitrage strategies. It outlines the programming languages suitable for writing trading robots and provides a step-by-step guide for creating an automated trading algorithm. Ultimately, a trading robot utilizing the FIX protocol enhances trading performance through increased transaction volume and improved profitability metrics.

1. How to Create Forex Robot for
Fix Api Trading.

2. What is Fix Protocol?
FIX is a special financial protocol which enables to
receive up-to-date information from financial
markets (quotations, news, etc.).

3. Fix Protocol Allows to:
- Make transactions at market prices without spreads and slippages;
- Open transactions without delays;
- Conduct a comprehensive asset analysis;
- Perform effective arbitration trade (FIX API Latency and FIX API
2-Leg Arbitrage);
- Use effective scalping strategy.

4. What Programming Language Should
be Used for Writing a Trading Robot
for FIX API trading?
It should be understood though, that the technique of writing a trading robot for FIX API
trading is virtually no different from writing robots for server trading, because it doesn't
require learning a programming language or new classes or methods. FIX API robot can be
written using the FIX API Java, FIX API python or FIX API C# libraries which can be simply
integrated into the development environment.

5. To Create an Automated
FIX API Algorithm,
You Need to:
1. Write a robot in one of the programming languages;
2. Create a class for reading XML messages, FIXML;
3. Create a class for sending these messages;
4. Implement a complete object model, with which will
trading via the protocol be conducted.

6. The Difference with a Simple Robot
is Minimal, Yet the Result is Great:
- The number of transactions increases;
- The ratio of profitable to unprofitable deals also grows;
- Financial indicators of profitability and profit factor improve on average by 10-15%.

7. Conclusion.
A trading robot created to work with FIX protocol becomes an
indispensable tool for successful trading. It simultaneously solves the
problems of "manual" trading and data accuracy, which affects the
quality of forecasts and the financial result.