Technology provider Devexperts has integrated FXStreet’s news feeds and analytics into its multi-asset trading platform DXtrade. This will significantly expand opportunities for its brokers’ traders allowing them to use additional information when making their trading decisions.
Unlike other data feed providers, FXStreet.com’s feeds offer not only financial news, but also detailed analytics covering FX, cryptocurrencies, equity indices, commodities, fixed income, macroeconomics, politics, technical analysis, and stocks. Thus, traders get informed of the financial markets for their independent analysis and receive useful recommendations for making trading decisions.
This isn’t the first interaction between Devexperts and FXStreet as the leading software provider had integrated the latter’s economic calendar back in 2020. The extended collaboration powers traders who rely on fundamental analysis alone, as well as those who combine it with technical analysis.
Traders can leverage FXStreet News feature which delivers up to 250 pieces on FX/CFDs daily, while cryptocurrencies are covered with up to 25 pieces. Additionally, the advanced capabilities of the DXtrade platform enable users to view FXStreet’s content independently or added to the same screen as other trading platform components.
“FXStreet aims to keep traders informed, so they can make the best decision when placing trades in the markets. We firmly believe that with this new partnership with DXtrade, we will be able to expand our reach and help even more traders with a trustworthy partner who shares our values about the FX market” – commented Sergi López Tomàs, previous CMO to FXStreet.com and now CEO at FinancialMarkets.media- new Fxstreet exclusive media agency.
“As part of our ongoing commitment to deliver a best-in-class platform for brokers and their clients, we have added the ability to bundle in FXStreet News directly into the DXtrade platform. This means that brokers no longer need to contract with both parties, they can add FXStreets services through DXtrade. This makes it simpler and easier for brokers to add this to their platforms”, – commented Jon Light, VP of OTC Platform at Devexperts.
Devexperts offers DXtrade as a SaaS (Software-as-a-Service) product, specifically designed for the retail FX and CFD industry. The global financial software provider has expanded the platform features to provide both broker clients and traders with a revamped web UX/UI, new functionality for subscription management, ex-dividends, and cash movements, among many others.
DXtrade launched in May 2020 and managed within such a short period to onboard major names onto the trading platform as liquidity providers. The white-labeled solution offers brokers’ dealers and administrators many of the benefits available from existing bespoke platforms, but with the efficiency of a customizable backend to help set up risk management or segment their traders.
Brokers are also able to determine everything related to the layout and set-up, including the back-end configurations and user interface. They also benefit from ex-dividends and cash movements widgets alongside management of subscription to 3rd-party services. These built-in tools add a higher degree of automation and customisation to allow brokers to enhance the user experience, improve both client acquisition and retention, as well as create custom offerings for multiple client segments.