Title: What Forex Brokerages Should Look For in a Forex Trading Platform
1(No Transcript)
2What 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.
3How 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.
4What 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.
5HOW DO YOU PICK THE RIGHT TRADING PLATFORM FOR
YOUR FOREX BROKERAGE?
Heres a quick checklist to guide you.
6Feature 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
7Feature 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
8Feature 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
9Feature 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
10Feature 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.
11Feature 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
12Feature 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
13Feature 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
14Feature 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.
15Feature 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.
17Heres how Sanfrix can help you on this journey...
18Sanfrix 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.
- 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.
20Contact 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