Pelican Trading, an FCA-authorized provider of social copy-trading solutions for brokers, has partnered with ETX Capital to provide a
white label solution, named ETX Connect, which includes the integration of Pelican’s proprietary copy-trading technology into the
broker’s existing suite of trading platforms.
The broker-neutral solution connects users directly with brokers, integrating trade execution and communication into a central network for traders. Pelican’s mobile application is available via iOS and Android, and enables broker clients to auto-copy signals, execute trades, chat, and analyze performance.
ETX Capital is a London-based Spread Betting with over 50 years of experience in the trading industry and focused on building quality trading tech and creating a highly personalized trading experience for their customers.
On the partnership, ETX Capital commented that “having Pelican on board will enable us to offer a unique, fair and social trading solution which bridges the gap between new and expert traders like no other broker has done before. We’re excited to be partnered with Mike and the team at Pelican and look forward to growing together”.
Mike Read, co-founder and CEO of Pelican Trading, said: “ETX Connect is testament to the abilities of the unique white label copy trading solution offered by Pelican. We are extremely pleased to have partnered with ETX Capital a leading broker in the FX sector and look forward to servicing their wider client base.”
Advanced Markets and IS Prime have recently partnered with Pelican Trading in order to integrate its white label and copy trading service into their platforms. This service integrates trade execution and communication into a central network for traders and is made available via Pelican social interface. IS Prime, a leading Prime of Prime and Liquidity Provider integrated Pelican’s solution to help drive volumes and customer engagement, especially after having previously launched a proprietary batch hedging tool, specifically designed to support EA, copy and social trading activity. The algorithm enables brokers to provide the same fill price to all traders involved in social trading. Combining. IS Prime’s Batch Hedger with Pelican’s copy and trading tools, the PoP broker is able to provide clients with market-leading copy and social trading solutions which can play a key role in driving volumes whilst maintaining core spreads.
