Finestel: API-Trading SaaS for Crypto & FX Asset Managers & Pro Traders

[lina2018]

I didn't realize the Trading Terminal now supports bulk actions like changing leverage or closing positions across selected accounts. Being able to handle those actions all at once instead of going account by account can save a lot of time.

[BADERO]

I didn't realize the Trading Terminal now supports bulk actions like changing leverage or closing positions across selected accounts. Being able to handle those actions all at once instead of going account by account can save a lot of time.

The thing i love about this is, if you spot a sudden market shift and use the terminal to bulk close or tweak leverage on your master accounts, the proportional replication pushes to all the connected client or sub accounts almost instantly without API lag. It bridges the gap between manual oversight and automated execution perfectly.
But since ur a finestel user i wonder if you have messed around with their white label dashboard yet?

[Wakate]

~Snipped~

The Finestel has different tools that both professional traders and ordinary traders can use. If you check their website as a trader, you will see both common and advanced tools you can use to execute your trade convinently. The Finestel copy trading tool can also be useful for someone that likes to have multiple trades at ones on a single platform with different accounts maybe from friends and colleagues.

TWAP update is probably one of the more practical additions lately. I don't place huge orders every day, but having the option to split execution over time is useful when liquidity isn't great. Nice to see more focus on execution instead of just adding new indicators

Trading has become easier especially when using the TWAP for copy trading and those that don't want to enter the market at once. At least traders have the option to spread their trades evenly when the market is not too active and also when they don't want to create sudden shoot up in price especially when planning to buy huge portion of the market. Most firms and Bitcoin ETF companies use the TWAP to enter the market unnoticed.

[crypto mania]

I was looking at the different sizing options in the Terminal. Base and Quote make sense, but the % of total margin / long position / short position options seem more interesting for managing several accounts at once.

The part I'm still trying to understand is how predictable the final order size is when the accounts have different balances and open positions. Would be good to hear from someone who's actually used these settings

[Myleschetty]

@Finestel
How to handle exchange changes with API based trading setups?

If you have the same strategy running across several venues and one exchange changes something on their API side, how much manual work is needed to get things running normally again?

[Zoomic]

It can be very useful to manage orders across multiple accounts but I would be careful with bulk actions like closing all positions.

I want to know, before confirming, does the terminal show you exactly which accounts and positions are going to be affected, especially when the accounts have different positions or are connected to different exchanges?

One wrong click in that situation could turn into a pretty expensive mistake.

[Donneski]

As we all know, different exchanges do have their different terms and conditions, minimum order sizes available trading pairs. For someone that's managing different accounts across several exchanges, things can get messy when not properly handled.
Please have anyone here tried running the same strategy on both CEX and DEX accounts? Would like to know how much extra effort it takes to be consistent with the setups.