Tradeworks is a leading FinTech SaaS product specializing in cloud-based trade automation software. Our platform is designed to empower individual traders in the FX and CFD markets to engage in algorithmic trading without the need for any programming knowledge. First launched in 2013, Tradeworks is a privately held company founded by entrepreneurs from the financial industry. Our head office is located in Copenhagen, the capital of Denmark. Today, we support many traders from all parts of the globe.
"We genuinely want to help our clients succeed, whether they are traders, brokers, or affiliates. The only way we can keep our clients happy is by offering a product that stands apart, with features that enable traders to easily, quickly, and reliably build and deploy trading bots."
Thomas Pedersen, CEO since 2018
Tradeworks was founded by a team of entrepreneurs from the financial industry who share a common vision: to revolutionize online financial trading through intuitive automation technology. The original mission remains the same today: to design, build, and operate innovative and independent trading technology that empowers individual traders to optimize their trading results.
Guided by our core values of honesty, reliability, integrity, and innovation, Tradeworks is committed to leveling the technological playing field between individual traders and global financial institutions.
Early Years as "Magick": Tradeworks was originally launched in 2013 under the name "Magick." During this period, it gained recognition from industry publications like Finance Magnates and secured several rounds of investment. In 2015, the platform received the prestigious IBM Peoples Choice AwardP in London, highlighting its growth and impact.
In 2015, the decision was made to rebrand from "Magick" to "Tradeworks."
This change marked a significant evolution in the platform, particularly in enhancing its backtesting capabilities. It also signaled Tradeworks' shift in focus from retail traders to engaging with both B2B and B2C relationships as part of its strategic growth plan.
This period also marked the launch of Tradeworks' first collaboration with an MT4 broker.
Following its early years, Tradeworks expanded its partnerships and invested in further product enhancements with support from professional investors, including the Danish Innovation Fund. The platform established partnerships with a diverse range of brokers, including SVSFX, GKFX, Juno Markets, Orbex, PT Monex, and Valutrades. The product was also enriched with advanced analytics tools, and a Singapore office was opened to focus on building IB partnerships..
At Tradeworks, our core values drive our commitment to excellence:
We help traders and brokers achieve measurable results and empower private traders to trade more consistently while reducing the risk of burnouts.
At Tradeworks, our mission is to develop unique and innovative software that empowers traders and investors worldwide to create and monetize trading algorithms without the need for programming.
We aim to make the Tradeworks platform available to both traders and MT4 brokers worldwide, helping them unlock the full potential of their efforts.
In addition to Forex and CFDs, Tradeworks supports algorithmic trading on several other instruments, such as futures. These are all available, provided that it is supported by the broker.