California-based FX technology provider Match-Trade Technologies LLC is introducing a new risk management tool for forex brokers through a new partnership with fintech software developer Takeprofit Tech.
The collaboration involves a Takeprofit’s MetaTrader 4/5 plugin called ‘Dynamic Leverage with a Schedule,’ which facilitates leverage adjustment based on equity or balance of the trader according to a schedule set by a broker. This presents dynamic leverage scheduling that enables forex brokers to configure and manage margin and leverage levels for all traders.
The schedule is also customizable to the extent of setting specific leverage for any trading account based on its exposure or volume of open positions. Additionally, it allows brokers to offer a wider range of leverage, with an option of adjustment in case of news-based volatility in the market. Thus, the solution reduces the risks for brokers while safeguarding their clients against being in the red. Settings can be changed at any moment and they will be applied in real time.
Match-Trade’s flat competitive fee structure enables forex brokers to manage and predict their technology costs. The company’s offering caters to various brokers’ needs ranging from hosting services and MT white label solutions, data feed, to bridge and aggregation technology and risk management system for A Book and B Book brokers.
Chris Dankowski, Chief Business Development Officer of Match-Trade Technologies, commented on the partnership: “Match-Trader platform was designed to provide clients with the best trading experience. If we see any chance to make it better, we take it. We have cooperated with Takeprofit Tech for years, trusting their solutions. I believe that adding Dynamic Leverage with a Schedule to Match-Trader will equally benefit brokers and traders”.
Match-Trader helps forex brokers build a strong brand
Valentine Piotrovich, Head of Business Development of Takeprofit Technology, elaborated: “Since the start of the pandemic, there’s been plenty of news which stir up the market and pose new challenges to answer. We’re happy to provide a solution that meets customers requirements and allows brokers to manage their risk without making drastic changes in trading conditions.”
Match-Trade’s portfolio also includes a cryptocurrency solution for FX brokers and crypto exchanges, and the company says it has become one of its most sought-after solutions. The platform provides flexible reporting tools in real-time and ad-hoc reports creation that can be easily viewed from an interactive web interface.
In addition, the company offers a matching engine technology and completed several new integrations with external systems, including OneZero, PrimeXM, Fortex and Fair Trading Technology (FTT).
Furthermore, the FX trading technology company offers a free trial version of the application which allows forex providers (brokers, prime brokers, and other LPs) to test and evaluate all functionalities.
