Live Markets, Charts & Financial News

FPFX Tech and Your Bourse Collaborate for Enhanced Efficiency

0 8

FPFX Tech and Your Bourse have joined forces to provide prop
trading firms with access to direct markets, institutional liquidity
providers, and popular trading platforms. At the center of this collaboration
rests FPFX Tech’s Prop Trading Tech Kit, an end-to-end automation
solution designed to streamline the operational and administrative processes of
proprietary trading and funded account firms. By eliminating the need for
extensive manpower, this kit enables brokers to scale their businesses
efficiently.

Your Bourse equips brokers with a state-of-the-art Matching
Engine. The technology empowers brokers to manage order flow, pricing, and
hedging strategies across various customer groups effectively. Through the
integration of FPFX Tech’s solutions and Your Bourse’s platform, prop trading
firms gain a comprehensive foundation for launching high-powered trading
operations.

FPFX’s Prop Trading Kit offers a range of features,
including customised prop trading plans, automated account creation and
monitoring, risk management tools, auto liquidations, and trading contests.
Your Bourse provides solutions such as order flow management,
contest stop-out functionality, smart order routing, flexible auto-hedging, and
comprehensive reporting and risk management tools.

Meanwhile, MetaQuotes, the company behind MetaTrader platforms, is
targeting prop trading firms, prompting Blackbull Markets to cease services
to Funding Pips due to MetaQuotes’ pressure on active US accounts.
Grey-labeling MetaTrader licenses allowed brokers like Blackbull to serve prop
trading firms, but MetaQuotes’ crackdown forced termination of such
partnerships.

The move has affected firms like Purple Trading and highlights
regulatory challenges in the US. While some firms are adapting by excluding US
clients, MetaQuotes’ approach suggests concerns over third-party use of its
technology. Competitors capitalize on the situation, launching alternative
solutions for prop trading.

Start-Up Solutions for Prop Trading Firms

This collaboration aims to provide an efficient start-up
experience, offering prop trading firms a suite of tools. FPFX’s software
solution is equipped with various features and customisations, including
presentation in multiple languages, and can integrate seamlessly with a wide
range of platforms and service providers.

The technology provided by FPFX Tech currently serves over
140 prop firms and more than 1.8 million traders, underlining its reliability
and effectiveness in the market.

The prop trading industry is witnessing significant growth,
prompting companies like Leverate to introduce prop-specific products. Leverate’s
CEO, Ran Strauss, notes a surge in demand, with over 30 brokers adopting
Leverate’s technology in the first two months of 2024. This reflects a broader
trend of brokers seeking alternatives to dominant platforms like MetaTrader.

Leverate offers a comprehensive suite of services under a fixed-price model,
emphasizing transparency and value. Strauss highlighted a shift in the
brokerage industry away from reliance on a single platform, indicating evolving
market dynamics and a desire for flexibility in pricing models.

FPFX Tech and Your Bourse have joined forces to provide prop
trading firms with access to direct markets, institutional liquidity
providers, and popular trading platforms. At the center of this collaboration
rests FPFX Tech’s Prop Trading Tech Kit, an end-to-end automation
solution designed to streamline the operational and administrative processes of
proprietary trading and funded account firms. By eliminating the need for
extensive manpower, this kit enables brokers to scale their businesses
efficiently.

Your Bourse equips brokers with a state-of-the-art Matching
Engine. The technology empowers brokers to manage order flow, pricing, and
hedging strategies across various customer groups effectively. Through the
integration of FPFX Tech’s solutions and Your Bourse’s platform, prop trading
firms gain a comprehensive foundation for launching high-powered trading
operations.

FPFX’s Prop Trading Kit offers a range of features,
including customised prop trading plans, automated account creation and
monitoring, risk management tools, auto liquidations, and trading contests.
Your Bourse provides solutions such as order flow management,
contest stop-out functionality, smart order routing, flexible auto-hedging, and
comprehensive reporting and risk management tools.

Meanwhile, MetaQuotes, the company behind MetaTrader platforms, is
targeting prop trading firms, prompting Blackbull Markets to cease services
to Funding Pips due to MetaQuotes’ pressure on active US accounts.
Grey-labeling MetaTrader licenses allowed brokers like Blackbull to serve prop
trading firms, but MetaQuotes’ crackdown forced termination of such
partnerships.

The move has affected firms like Purple Trading and highlights
regulatory challenges in the US. While some firms are adapting by excluding US
clients, MetaQuotes’ approach suggests concerns over third-party use of its
technology. Competitors capitalize on the situation, launching alternative
solutions for prop trading.

Start-Up Solutions for Prop Trading Firms

This collaboration aims to provide an efficient start-up
experience, offering prop trading firms a suite of tools. FPFX’s software
solution is equipped with various features and customisations, including
presentation in multiple languages, and can integrate seamlessly with a wide
range of platforms and service providers.

The technology provided by FPFX Tech currently serves over
140 prop firms and more than 1.8 million traders, underlining its reliability
and effectiveness in the market.

The prop trading industry is witnessing significant growth,
prompting companies like Leverate to introduce prop-specific products. Leverate’s
CEO, Ran Strauss, notes a surge in demand, with over 30 brokers adopting
Leverate’s technology in the first two months of 2024. This reflects a broader
trend of brokers seeking alternatives to dominant platforms like MetaTrader.

Leverate offers a comprehensive suite of services under a fixed-price model,
emphasizing transparency and value. Strauss highlighted a shift in the
brokerage industry away from reliance on a single platform, indicating evolving
market dynamics and a desire for flexibility in pricing models.

Leave A Reply

Your email address will not be published.