What Forex Brokerages Should Look For in a Forex Trading Platform - PowerPoint PPT Presentation

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What Forex Brokerages Should Look For in a Forex Trading Platform

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An ideal trading platform is crucial to the success of your forex brokerage. In this ultimate guide, discover the essential ingredients to choosing the right trading platform for your brokerage. – PowerPoint PPT presentation

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Title: What Forex Brokerages Should Look For in a Forex Trading Platform


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(No Transcript)
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What is a forex trading platform?
  • A software that enables trading - such as
    opening, closing, and managing market positions
    through a forex brokerage.
  • They may be specific to certain instruments or
    markets such as stocks, currencies, options,
    futures.

3
How are they offered?
  • Trading platforms such as MT4/MT5 are offered at
    a monthly subscription fee.
  • However, some Fx trading platforms, especially
    the new ones in the market are offered for free
    in exchange for commissions on the volume of
    trades.

4
What is the most popular choice among traders?
  • Traders across the globe use a wide variety of
    trading platforms depending on their trading
    style and volume.
  • However, MT4/MT5 by MetaQuotes is the most
    popular among traders because its user-friendly,
    comprehensive and flexible.
  • Also, there are no trading volume quotas to meet.

5
HOW DO YOU PICK THE RIGHT TRADING PLATFORM FOR
YOUR FOREX BROKERAGE?
Heres a quick checklist to guide you.
6
Feature 1
  • White-labeling Customisation
  • A white-labeled forex trading software boosts the
    visibility of your fx brokerage, strengthening
    the loyalty of your existing clients
  • Simply subscribe to a product that has been
    developed by a company and market it as your own.
    It gives you a ready-made solution effortlessly,
    without the hassle of spending a ton of money and
    time
  • Look for a forex technology provider that doesnt
    just offer white-labeled forex solutions, but is
    also able to customize as per your business needs

7
Feature 2
  • Reliability
  • Every customer of yours may have a unique style
    of trading. Some may prefer using a desktop-based
    trading platform, while some may choose a web
    trader or even a mobile trader
  • Irrespective of where the trading platform is
    hosted, the stability and reliability of the
    platform is of utmost importance
  • With professional traders who make large,
    frequent trades this can be a deciding factor, as
    theyre always looking for a platform that never
    or seldom crashes

8
Feature 3
  • User Experience Flawless Trading
  • Note that your future customers will interact
    with these trading platforms, a lot more than
    theyd with your brokerage or your website.
    Therefore, the user experience will decide how
    long theyll stay with you
  • A trading platform, whether desktop, mobile or
    web that allows for placing an order or closing a
    trade immediately in one single click is an ideal
    one. Not to mention, the swift opening of several
    graphs in a single click
  • In addition to this, offering several charting
    analysis tools, management of stop-loss the
    ability to access and apply with ease is critical

9
Feature 4
  • Support Updates
  • While choosing a forex technology provider it is
    important to choose one where support is included
    free of cost
  • A technology partner who offers forex turnkey
    solutions should be able to help you with
    questions or issues whenever you face any
  • Additionally, a partner with a strong tech team
    like Sanfrix, can rectify issues and can also
    deploy any new software updates immediately

10
Feature 5
  • Platform Availability Accessibility
  • In this day and age, you must offer your clients
    the flexibility to trade from anywhere at any
    time
  • Therefore, trading platforms must be accessible
    across devices such as web, mobile, and tablets
  • This isnt just a flexibility feature for your
    customers, but also an advantage to the 0verall
    growth and profit of your forex brokerage
    business.

11
Feature 6
  • API-as-a-Service
  • We cannot stress the importance of partnering
    with a provider that doesnt just offer full
    customizable trading platforms but also has
    immense API capabilities
  • The veterans in the technology team at Sanfrix
    have catered to numerous clients with their API
    needs as far as forex technology is concerned
  • Any external plugins, custom development, and
    APIs can be flawlessly integrated into any of
    your existing systems whilst making sure the
    communication with the trading platforms are
    intact

12
Feature 7
  • Variety Of Assets
  • An ideal forex technology provider will offer a
    wide array of instruments such as major and minor
    currency pairs, cryptocurrencies, index, stocks,
    forex, energies, metals, commodities, and futures

13
Feature 8
  • Trading Simulation Demo Capabilities
  • Many traders like to test their trade strategies
    ahead of time to ensure theyre working without
    losing actual money
  • A good fx technology provider should be able to
    offer simulations and demo capabilities to
    hypothetically test trades
  • On the other hand, a feature like this acts as a
    practice space for amateur traders

14
Feature 9
  • Tools Charting Capability
  • Charting capability is one of the most essential
    features of a trading platform. Several forex
    traders rely on the charting to visually examine
    the movements of prices on charts
  • Also, another important feature to look for is if
    your provider allows a trade to be placed
    directly from the chart
  • Furthermore, traders use technical analysis
    methods to forecast pricing. Tools such as
    Fibonacci retracing, Gann signals, and more help
    in such an analysis.

15
Feature 10
  • Costs and pricing models
  • Finally, the cost and pricing models play an
    important role in decision making
  • A technology provider such as Sanfrix charges a
    flat subscription fee and does not charge you
    based on trading volumes
  • This feature should be your primary concern when
    looking at pricing options as this can eat into
    your profits

16
  • We at Sanfrix understand that start-up costs can
    be overwhelming!
  • We can work out a pricing plan that works best
    for your business type, ensuring youre only
    paying based on your usage.

17
Heres how Sanfrix can help you on this journey...
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Sanfrix offers
MT4/MT5 Whitelabel Solutions
Web Trader
Mobile Trader (Android iOS)
Tablet Trader (Android iOS)

In addition to this, we Liquidity, Forex CRM ,
Client Cabinet, Social Trader, Risk Manager, MAM
and more...
19
  • Sanfrix has initiated several exchanges and
    brokerages from various jurisdictions and can
    help you too, making the entire set up
    hassle-free.
  • We offer deep liquidity with customised pricing
    and execution analytics to make sure all your
    liquidity needs are met.
  • Continued strategic partnership, free
    consultation support and 24/6 customer support
    from our Chief Success Officer.
  • COMPANY INCORPORATION
  • TECHNOLOGY
  • LIQUIDITY
  • CRM
  • BACK-OFFICE
  • STRATEGIC PARTNERSHIP
  • Sturdy CRM customised for Forex brokerages with
    unified communications, KYC, customer journeys,
    insightful reporting and more.
  • We offer advanced trading platforms, payment
    integration services and all the technology you
    need at an affordable cost.

20
Contact Us
  • Sanfrix can help you with all your forex needs
    and has helped several forex brokerages double
    their profits by simply implementing the right
    tools.
  • Question is
  • Will yours be one of them?

65 9860 7215
sales.sanfrix
sales_at_sanfrix.com
t.me/sanfrixltd
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