How Match-Trader’s Prop API Empowers Brokers and Forex CRM Providers
Marketing Team
In the dynamic world of prop trading, seamless integration and instant access to information are crucial. Match-Trader’s Prop API is designed to revolutionise how brokers and Forex CRM providers interact with trading platform backends, offering unparalleled flexibility and efficiency.
How Prop API Works
Through collaboration with industry partners, we’ve identified a significant market trend: Forex CRM providers and brokers are increasingly seeking prop trading solutions that reduce development complexity and minimise resource investment. Many clients with existing CRM systems are now leveraging our Prop API backend to streamline essential functionalities.
The primary objective of creating Match-Trader’s Prop API is to provide prop clients with real-time notifications through our prop backend infrastructure. By offering a comprehensive stream of prop events, we aim to simplify the integration process, enabling clients to effortlessly collect the data needed to construct their own Prop Client Office. The API’s core value proposition is to centralise complex trading logic on our side. This includes critical calculations such as maximum loss thresholds, daily loss limits and account blocking mechanisms. As a result, clients can focus on presenting relevant information in their Client Offices, eliminating the need to interact directly with Rest endpoints in the Manager API as they currently do. This approach not only simplifies integration but also allows users to quickly expand their range of services without substantial technical overhead.
Benefits for Brokers and CRM Providers
Match-Trader’s Proprietary Trading API presents a robust solution for Forex CRM providers and brokers seeking to optimise their operational infrastructure. By offloading trading logic to our backend, clients can substantially mitigate development complexities and concentrate on enhancing their platforms. Real-time data streams provide instant insights without the need for continuous polling, ensuring users always have up-to-date account information. With fast and efficient integration, providers can easily add prop trading capabilities to their existing CRMs, broadening their service portfolio without requiring extensive development.
Key Prop API Capabilities
Match-Trader’s API offers multiple real-time streams that keep CRM providers constantly updated.
Account Status Tracking
Detailed streams for account lifecycle stages
Real-time updates on account statuses (Created, Not Paid, Active, Funded)
Immediate notifications of status changes
Performance and Evaluation Monitoring
Streams for evaluation status changes
Instant alerts for:
Loss limit reached
Profit target reached
Open and closed trades
Challenge Parameter Tracking
Live updates on challenge configurations
Instant notifications when parameters like max loss, profit targets or trading periods are modified
Certainty in marking accounts as failing a challenge, unlike in Rest integrations, where periodic data fetching may cause accounts to be skipped
Phase and Evaluation Management
Stream for requests to move to the next phase
Stream for confirmation/rejection of evaluation requests
Conclusion
With Match-Trader’s Prop API, we’re not just providing a technical solution—we’re creating a new paradigm of prop trading integration that prioritises real-time information, reduced complexity and enhanced experiences.
How Match-Trader Redefined Trading Experience in 2024
Marketing Team
At this year’s Finance Magnates London Summit (FMLS:24), Match-Trader proudly received the Best FX Trading Platform Award, solidifying its position as a game-changer in the trading industry. This prestigious recognition resulted from a unique, open voting process, where the decision was made entirely by industry insiders who truly understand the market’s needs and challenges. The award not only recognises Match-Trader’s innovative approach but also highlights its growing influence among top players in the Forex and prop trading sectors. The question remains: what sets Match-Trader apart, enabling it to become the preferred choice for leading brokers and prop firms?
A Modern Trading Platform
The trading platform market has long been dominated by traditional, complex systems that often overwhelm traders. Match-Trade Technologies is challenging this status quo by continuously developing a solution that prioritises intuitive design and user experience. ‘We’re not just offering another trading tool’, explains Przemysław Wojtyna, Head of Sales at Match-Trade Technologies. ‘We want to make trading simple and convenient, for all generations of traders’.
Knowing that platform users come from diverse backgrounds, Match-Trade Technologies has designed a truly versatile tool that integrates multiple trading approaches. Whether transitioning from legacy Forex platforms or exploring prop trading challenges, traders gain access to a flexible solution that accommodates diverse expectations. Following market trends, Match-Trader evolved to be a universal trading solution for Forex brokers and prop trading firms, offering freedom of choice between a turnkey solution and smooth integration into the broker’s existing infrastructure. By consolidating extensive functionality into a single interface, Match-Trader addresses the evolving needs of modern traders.
Client Onboarding and Migrations
One of Match-Trade Technologies’ most remarkable achievements has been its commitment to client relationships. ‘Our vision extends beyond simply selling a product’, says Wojtyna. ‘We collaborate with our customers, meet their expectations and grow together’. This differentiates Match-Trade Technologies in a space where many trading platform providers prioritise profits over partnerships.
The company also distinguished itself with outstanding dedication to client support during a critical market transition. When a significant wave of firms needed urgently to migrate to a new platform, Match-Trade Technologies went above and beyond, with 24/7 assistance. By quickly adapting their APIs and integrating with six different CRM partners, MTT not only facilitated smooth account migrations but also became the first to offer history migration for some firms. This proactive approach allowed the company to onboard over 25 leading prop trading firms in just two months, showcasing their agility and robust technological infrastructure.
Features That Set Match-Trader Apart
TradingView Integration
Match-Trader has considerably enhanced the trading process through its strategic integration with TradingView, guaranteeing flexibility, reliability and diverse trading options. Brokers can choose between the world’s most popular charts embedded in the Match-Trader platform, free of charge, or a full TradingView platform integration, catering to organisations of all sizes—from emerging startups to established Forex brokers and prop trading firms. This adaptability allows clients to scale their trading operations without unnecessary costs or complexities, providing a comprehensive TradingView experience.
Tournaments
Recognising the changing demographics of traders, Match-Trader has introduced innovative tournament features. These aren’t just competitions but strategic tools crafted to educate younger traders. ‘With special, highly competitive pricing models and a gamification approach, our tournaments make trading more engaging and accessible, turning it into a community-driven experience’, says Head of Sales at Match-Trade Technologies. By providing a risk-free platform that mirrors real-market trading conditions, tournaments are transforming how prop trading firms identify promising talent and then convert them into active traders.
Mobile-First Approach
With over 60% of trades now executed on mobile devices, Match-Trade Technologies recognised the critical importance of mobile functionality, which is included in their package. The main goal is to ensure a smooth, uninterrupted experience across devices, providing busy traders with powerful tools on the go. ‘We pride ourselves on having the most mobile-friendly platform on the market’, Alexis Droussiotis, Head of the Match-Trader Platform notes, emphasising that it’s also the easiest to acquire, install and share with clients. ‘This eliminates the traditional barriers between desktop and mobile trading’, he adds.
Modern Design
Match-Trader’s user interface is deliberately designed to stand out from other trading platforms. As Droussiotis explains, ‘Removing complexity and focusing on what matters most to traders—it’s always been our main goal’. The recent front-end redesign embodies a philosophy of simplicity and clarity, creating an interface that’s not just visually appealing, but also fundamentally user-centric. The idea was to make complex trading processes feel intuitive and accessible. By prioritising clean information layout, Match-Trade Technologies created a stable tool that helps traders adapt quickly and navigate with ease. Where previous-generation platforms overwhelm users with cluttered information, this modern, streamlined design sets a new standard in trading platform usability.
Trading Solution for Forex and Prop
Unlike most competitors who only provide a trading platform, Match-Trade Technologies offers a comprehensive solution that simplifies the process of starting and scaling trading operations. The company delivers a full technological ecosystem, including the Match-Trader platform, CRM, liquidity and payment solutions. This unique approach allows clients to build a complete setup from scratch, with the flexibility to either use Match-Trader’s integrated CRM or connect with other systems through their extensive network. Such a versatile model enables brokers and prop firms to customise their technological infrastructure, avoiding the challenges of integrating multiple systems and making market entry faster and more efficient.
Best FX Trading Platform in 2025?
In an industry often characterised by complex, legacy platforms, Match-Trade Technologies is taking a different course. By placing user experience at the forefront, embracing mobile technology and fostering genuine partnerships, the company isn’t just building another trading platform—it’s creating a trading ecosystem. As trading markets continue to transform, Match-Trader proves that the future of trading isn’t about overwhelming traders with information but about providing them with intuitive, accessible tools.
‘We’re laser-focused on making Match-Trader the most user-friendly trading platform in the industry’, Head of the Match-Trader Platform explains. ‘By listening closely to trading communities, we’ve identified a clear pattern: while users may initially find our platform challenging, they quickly adapt and experience a much faster learning curve. This accelerated learning process is what makes our platform highly valued by traders, and it’s why we’re committed to continuing in this direction in 2025’, he concludes.
Leveraging Google Analytics and GTM in Forex Trading with the Match-Trader Platform
Marketing Team
With the integration of Google Analytics (GA) and Google Tag Manager (GTM) into our Match-Trader platform, Forex Brokers and Prop firms gain valuable insights into trader behaviours, especially on demo accounts. This integration empowers businesses to assess whether their offerings and services align with their clients’ and target audience’s needs, habits and expectations. By leveraging these insights from demo platforms (available also for Prop firms), Brokers can better prepare to service traders on live accounts or paid challenge accounts, ultimately driving business growth and increasing trader retention.
Forex trading platforms are typically standardised to perform specific functions, and altering their user interface requires significant resources and technical expertise. Match-Trader stands out as a modern platform built using Progressive Web App (PWA) technology, providing all the benefits of a web-based platform. This modern foundation enables an intuitive experience for the new generation of traders accustomed to applications like Revolut, Robinhood or eToro. The web-based nature of Match-Trader allows brokers to leverage GA4 and GTM effectively. While they can’t modify the platform’s interface directly, Forex Brokers and Prop firms can utilise the insights gained from GA and GTM—particularly from demo accounts—to enhance their services and distinguish themselves from competitors.
Focusing on Demo Accounts to Align Services with Trader Needs
Understanding trader behaviour on demo accounts is crucial. Demo platforms provide an environment where potential clients interact with the trading platform without the risks associated with live trading. By tracking these interactions, brokers can evaluate whether their offerings meet the expectations and habits of their target audience.
While on live accounts, the dealing desk extensively analyses trading activities, and the data from demo accounts offers unique insights into traders’ initial experiences and preferences. This information is invaluable for brokers aiming to refine their services before traders transition to live accounts or paid challenge accounts.
Creative Ways Brokers Can Use Google Analytics for Business Growth
Here are strategies Brokers and Trader Funded firms (TFF) can employ using GA and GTM analytics on the Match-Trader platform’s accounts, along with the benefits for their business growth:
1. Evaluating and Enhancing the Broker’s Offer
Events Tracked:
First Open/Visit
Instrument_change
Timeframe_selected
Order_made
Indicator_add
By analysing which instruments, timeframes and tools traders prefer on the demo platform, brokers can assess if their product offerings align with client expectations.
Benefits for Business Growth:
Tailored Service Offerings: Adjusting the available instruments and features to match trader preferences increases the likelihood of retaining clients when they move to live accounts.
Market Trend Identification: Recognizing popular trading preferences helps brokers stay ahead of industry trends and better adjust their risk-management strategies.
Enhanced Client Satisfaction: Providing what traders are looking for enhances their overall experience, encouraging them to choose the broker for their live trading needs.
2. Identifying and Addressing Usability Challenges
Events Tracked:
First Open/Visit
First_interaction
Followup_interactions
Order_made
Snapshot
Analysing where platform users might drop off, or face difficulties helps brokers identify usability issues.
Benefits for Business Growth:
Improved User Experience: While brokers can’t modify the platform directly, they can provide feedback to the technology provider and offer guidance to users.
Reduced Abandonment Rates: Addressing challenges early increases the likelihood that demo users will transition to live accounts.
Competitive Advantage: Brokers facilitating a smooth demo experience position themselves favourably in the market by allowing their clients to familiarise themselves with the platform before they start trading on a live account or pay for a challenge
3. Developing Targeted Educational Materials
Events Tracked:
First_interaction
Followup_interactions
Drawing_add
Custome_indicator_created
Order_made
Indicator_add
By identifying areas where demo users struggle or show significant interest, brokers can create educational content to address these specific needs.
Benefits for Business Growth:
Improved Onboarding Experience: Tailored educational resources for new users can reduce the learning curve, encouraging more active participation from the outset.
Enhanced Trader Competence: Creating tutorials or webinars focused on complex or underutilised features helps traders become more proficient, leading to increased trading activity.
Establishing Authority: Providing valuable educational content positions the broker as a knowledgeable leader in the industry, attracting more traders.
Reduced Support Load: Proactive education can decrease the number of support queries, improving operational efficiency.
4. Personalizing Marketing Campaigns Based on Trader Behavior
Events Tracked:
Instrument_change
Timeframe_selected
Aggregation_change
Chart_type_selection
Custom_indicator_created
Compare_on
Multicharts_selected
Understanding traders’ preferences for certain instruments, timeframes or chart types enables brokers to segment their audience effectively.
Benefits for Business Growth:
Higher Conversion Rates: Personalized marketing messages resonate more with traders, increasing the likelihood of converting demo users to live account holders.
Optimised Marketing Spend: Focusing on the most promising leads ensures resources are allocated efficiently, maximising return on investment.
Enhanced Engagement: Tailored communication keeps potential clients interested and engaged with the broker’s offerings.
5. Enhancing Customer Support and Service Offerings
Events Tracked:
Snapshot
Compare_on
Multicharts_selected
Drawing_favorite
Custom_logo
By monitoring how traders utilise analytical tools and features, brokers can anticipate support needs and offer proactive assistance.
Benefits for Business Growth:
Improved Satisfaction: Promptly addressing common queries or issues enhances the overall trader experience.
Reduced Support Costs: Identifying frequent problems allows brokers to update FAQs or support materials, decreasing the volume of support tickets.
Building Loyalty: Exceptional customer service fosters trust and encourages traders to continue using the broker’s services.
6. Strengthening Trader Retention Strategies
Events Tracked:
Custom_logo
Indicator_add
Custome_indicator_created
Drawing_favorite
Monitoring engagement with customisation features indicates how invested traders are in the platform.
Benefits for Business Growth:
Personalised Communication: Recognizing traders who utilise advanced features allows brokers to tailor communications and offers to keep them engaged.
Loyalty Programs: Brokers can reward highly engaged traders with special incentives, fostering loyalty.
Churn Reduction: Early detection of declining engagement enables brokers to intervene with re-engagement campaigns before traders become inactive.
Upselling Opportunities: Knowledge of user interests enables brokers to offer relevant advanced tools or premium services upon account upgrade.
Conclusion
Leveraging GA and GTM on the Match-Trader demo platform provides brokers with critical insights into the behaviours and preferences of their target audience. By focusing on data from demo accounts, brokers can assess whether their offerings meet client needs and make informed decisions to enhance their services. This proactive approach enables brokers to prepare better to service traders on live accounts or paid challenge accounts.
While the dealing desk thoroughly analyses live trading activities, the unique insights from demo accounts allow brokers to refine their strategies before traders engage in live trading. By concentrating on educational initiatives, personalised marketing, usability improvements and preparation for live account services, brokers can create significant added value for their clients.
Embrace the Data-Driven Future
By understanding and responding to trader behaviours and preferences on demo platforms through GA and GTM, brokers position themselves at the forefront of the industry. This data-driven approach ensures that brokers are ready to meet the needs of today’s sophisticated traders, ultimately leading to sustained growth and success in the ever-evolving Forex market.
Match-Trade November Release: Drag-and-Drop TradingView Charts in Match-Trader
Marketing Team
The Match-Trader platform has undergone significant improvements with our November update. This release introduces new TradingView features, improved calculation and analytical tools and a redesigned notification system for delivering timely and relevant Social Trading alerts. The refreshed visual choices provide a more intuitive, modern layout, enhancing functionality while simplifying the user experience. For brokers, all implemented changes streamline operations and elevate client service capabilities. Driven by feedback and suggestions, these upgrades reflect our dedication to developing solutions that truly align with users’ needs.
Drag-and-Drop TradingView Charts
We’ve made important enhancements to TradingView charts, allowing users to manage positions more effectively by using a user-friendly drag-and-drop feature.
Benefits for Brokers:
Managing SL/TP Levels: enables fast and efficient management of Stop Loss (SL) and Take Profit (TP) levels by dragging lines directly on the chart
Editing Pending Orders: allows precise setting and editing of activation prices for pending orders, ensuring positions are opened exactly at the chosen moment
Comprehensive Feature Set:
Setting SL/TP levels directly from the chart after opening a position
Setting SL/TP levels when establishing a position
Managing SL/TP using a dedicated button located next to the position on the chart
Editing SL/TP levels directly from the chart
Removing SL/TP levels from the chart
Setting activation prices for pending orders
Editing activation prices of pending orders
Removing established pending orders
Note: These functionalities are unavailable for Match-Trader PRO accounts.
Lead Sources/Lead Providers Reports Tabs
Recently, we’ve introduced two powerful analytical features to our Reports section: the Lead Sources and Lead Providers tabs. These solutions offer in-depth insights into different lead sources and providers, empowering you to optimise marketing campaigns and make better business decisions.
Benefits for Brokers:
Detailed data enhances marketing strategies and streamlines resource allocation
Reports that are easy to navigate enable seamless evaluation of campaign performance
Social Trading Integration with Inbox and Push Notifications in Match-Trader
A new feature sending Inbox messages and Push notifications has been added to improve customer communication and boost engagement. Users will now receive automatic updates through real-time notifications in the following situations:
Unsubscription due to insufficient funds, Maximal Loss or Take Profit activation
Insufficient funds for a subscriber to open a copied position
Monthly subscription fee charged
Unsuccessful attempt to collect the subscription fee
Benefits: Users are informed about key events affecting their account, building greater trust in the platform.
New User Interface in Admin and White Label Manager App
We’ve redesigned the interface for the Admin and WL Manager app. This isn’t just a visual update—it completely transforms how users interact with critical data.
Key Enhancements:
Modern look: interface aesthetics updated for a sleek, contemporary design
Improved data readability: view and layouts optimised for easier data review and analysis
Intuitive button placement: buttons now arranged more intuitively for greater usability and user-friendliness
Refreshed views: consistent updates across views, tabs and notification screens for consistency and clarity
Hideable navigation menu: navigation menu can be hidden by users to maximise screen workspace
“Access Rights” for Trading Accounts
In the updated Manager version, the permissions system for trading accounts has been modified. The previous Locked/Blocked statuses are now replaced with the following Access Rights categories:
Full Access: unrestricted access to all trading options
Close Only: possibility to close positions, but without opening new ones (for retail accounts only)
Login Disabled: complete account blocking, preventing login to the platform
Locked Close Only: transitional status with access similar to “Trading Disabled” (combination of Locked + Close Only settings)
“Larger Leg”—Hedge Margin Calculation Type
A new methodology for calculating trading account margin, based on the Larger Leg principle, has been implemented. Unlike the standard approach, which calculates margin in a netted mode, the Larger Leg mode takes into account the margin for the largest position side of the same instrument.
Opened positions:
SELL 1.0 EURUSD
BUY 2.0 EURUSD
In the Larger Leg mode, the margin will be calculated based on the largest position—in this case, the BUY 2.0 EURUSD position. For comparison, in the traditional netted margin model, the occupied margin would be equivalent to the BUY 1.0 EURUSD position.
This change in the netted margin calculation mode is available in the group settings under the name Hedge Margin Calculation Type → Larger Leg.
Blocking EOD/EOM Reports per Trading Account
With the latest updates this month, the QFX Manager app now allows you to block EOD (End of Day) and EOM (End of Month) report delivery for individual trading accounts. In the Account Data tab of each trading account, a new Mailing Settings field controls the sending of EOD/EOM reports to the client:
Allow Mailing: the default setting that permits report delivery
Block Mailing: a setting that blocks the sending of EOD/EOM reports for the selected account without requiring changes to the client group settings
Filtering Demo Accounts
We’ve included a feature in the QFX Streaming Manager that allows users to filter out demo accounts from search results. In tabs including Accounts, Positions and Active Orders, as well as historical tabs like Closed Trades, Ledgers, Orders and others, users have the option to exclude demo accounts by unchecking the Demo Accounts checkbox.
This option is available across various tabs, including Accounts, Positions, and Active Orders, as well as historical tabs like Closed Trades, Ledgers, and Orders. To exclude demo accounts, simply uncheck the “Demo Accounts” checkbox.
Saving TradingView Chart Graphic Settings
In the most recent platform update, we’ve introduced the ability to save custom graphic settings on TradingView charts. This functionality allows users to create and save templates with non-standard settings that are automatically applied upon login.
Saving a custom template: Users can select their preferred colors and chart settings and save them as a custom template. This feature can be found in the chart settings menu.
Automatic application: The saved template is automatically used upon logging into the platform, ensuring a consistent look across both the web and mobile versions.
Theme change support: When switching the platform’s main theme (Dark/White), the system will automatically update the saved graphic settings to fit the new theme. To prevent inconsistencies, it’s advised to save separate configurations for the “Dark” and “White” templates.
Match-Trader Wins Best FX Trading Platform at Finance Magnates London Summit Awards 2024
Marketing Team
What better way to conclude the year than a standout distinction at a premier event for the financial services community? At this year’s Finance Magnates London Summit (FMLS:24), Match-Trader was honoured with the Best FX Trading Platform Award, solidifying its position as a key player in the Forex sector. On November 20, surrounded by industry experts, we received a prestigious recognition that highlights our cutting-edge platform.
“This award is more than a trophy—it tells the story of our relentless pursuit of innovation,” says Alexis Droussiotis, Head of Match-Trader Platform. “Winning Best FX Trading Platform at the London Summit Awards feels like the perfect celebration of our evolution. Looking back on our journey, where others saw just another trading platform, our team identified an opportunity to create a transformative solution that truly understands the dynamically changing needs of Forex Brokers and Prop Firms. Our growing client base speaks volumes: we’re not just keeping up with the industry but actively reshaping its future. Standing alongside world leaders, each acknowledged for their extraordinary contributions, we couldn’t be more proud.”
What are the London Summit Awards?
The London Summit Awards celebrate excellence in business by recognizing top performers in key sectors, including online trading, digital assets, payments and fintech. What makes these awards special is their unique selection process: winners are chosen entirely by industry insiders through an open and transparent voting method. With 23 diverse categories, the FMLS:24 Awards spotlight the most dynamic and forward-thinking brands driving exceptional results.
Match-Trader: White Label as low as $2500 and Server from $5000
Marketing Team
We are happy to introduce a new, simplified pricing structure for the Match-Trader platform to provide easier access for Forex Brokers and Prop trading firms worldwide to our in-house trading technology. With simple modular pricing, we enable our clients more flexibility in choosing various options, thus providing greater freedom to select essential features with the potential to expand according to business growth.
Match-Trader Platform: White Labels from $2500, Servers from $5000
Forex Brokers and Prop trading firms can now begin using the Match-Trader platform with a White Label package starting at $2500 per month, while the Server licence is available from $5000 per month. In both cases, hosting on AWS or Azure cloud is included, ensuring the platform’s reliability and availability without additional infrastructure costs.
Turnkey Prop trading solution – Platform and CRM for $4000 a month
Due to the growing popularity of the Match-Trader platform among prop trading firms, our team has developed a Prop CRM dedicated to managing challenge-based accounts with a special module designed for organising trading Tournaments, the ultimate lead generation tool. Along with Match-Trader’s internal VWAP demo execution, this combo allows for a smooth and affordable start into the proprietary trading business with a truly all-in-one solution and full setup covered by the Match-Trade Technologies team.
Wide Range of Growth and Scalability Options
We value partner relationships with clients; hence our offer comes with no strings attached. We do not require a yearly commitment and support a vast ecosystem of ready-made integrations, including popular CRMs and liquidity providers. This makes the Match-Trader platform adaptable to the needs of both startups and established companies with an extensive client base. In addition, for companies looking to start operations in a turnkey model, we offer all the necessary tools, such as the platform, CRM, market data, and liquidity sourced from a CySEC-regulated partner.
Independence and Technological Flexibility for Advanced Companies
For Brokers with many active users, we have a Server license offer that includes unlimited managers and groups, access to the full database, and the ability to connect with their own CRM, bridge, liquidity, and market data providers. Unlike other providers, the Match-Trader system allows clients full freedom of choice in components, meaning they are not “locked” into a single provider ecosystem.
A Simple, Predictable Cost Model
All infrastructure-related costs are transparently included in the price, enabling clients to forecast expenses accurately. We understand that cost predictability and flexibility are crucial for our clients to grow their business confidently without the risk of unforeseen hosting fees or hidden operational costs associated with the platform.
The new Match-Trader pricing is available upon request. We encourage business owners to contact our sales team to learn more about the offer and get pricing tailored to specific market needs.
Match-Trade October Release: Prop Trading Tournaments in Match-Trader
Marketing Team
In our October release, we’re excited to present a comprehensive range of improvements across our entire ecosystem, including Prop Trading solutions, Match2Pay payment infrastructure, Match-Trader’s CRM platform and Social Trading capabilities. The highlights of this month are Prop Trading tournaments, innovative deposit auto-conversion in Match2Pay, the new Platform Logs export functionality and expanded Broker API endpoints. These strategic updates demonstrate our commitment to providing more powerful tools for data analysis, automated trade management and seamless payment processing.
Find out how these innovations can optimise your brokerage operations and elevate the overall trading experience.
Prop Trading Tournaments in Match-Trader
A new tournament feature, “Prop Trading Competitions”, has been introduced to Match-Trader to enable aspiring traders to compete in simulated, real-market conditions with or without entry fees. Each tournament is crafted with clear rules for daily and maximum losses, specific evaluation parameters, attractive awards and a fixed duration.
Benefits for Brokers:
“Prop Trading Competitions” create a dynamic environment where traders can experience the platform under realistic conditions by taking part in free tournaments and testing their strategic skills without financial risk. They also offer an opportunity to win prizes, increasing user engagement and motivation for active trading. The comprehensive statistics and rankings system allow traders to monitor their performance and compare their results with others, encouraging healthy competition and increasing platform attractiveness. When combined with advanced technology, this approach transforms how prop firms acquire new traders and prepare them for live trading. With the new feature, everything is integrated into one unified, seamless ecosystem for tournament management.
Scaling of Accounts in Funded Phases
Thanks to the recently introduced dynamic account scaling system for funded phases, the way in which traders can progress on our platform has changed. Now they can easily move between funded phases, which considerably improves trading conditions such as initial balance or profit split. We’ve integrated this with Match-Trade’s CRM challenge configuration, enabling custom Profit Target values for funded phases. This approach gives traders the freedom to either scale their account for better conditions or withdraw their profits upon reaching targets.
Benefits for Brokers:
This flexible management of accounts in funded phases creates new compelling opportunities for prop firms to optimise their operations. The scaling mechanism can boost profits while improving cash flow management by reducing both the frequency and amount of traders’ withdrawals.
Integration of Social Trading with Notifications in Match-Trader
We’ve introduced a special notification system designed to enhance communication with our clients and increase their engagement. It combines Inbox messages and Push notifications for critical account events. Users receive automated alerts for:
Unsubscription triggered by insufficient funds, activation of Maximal Loss or Take Profit.
Insufficient subscriber funds to open a copied position.
Monthly subscription fee charges.
Failed attempt to charge the subscription fee.
Benefits for Brokers:
The redesigned communication system builds trust through improved transparency, keeping users informed about critical account events. The automated, real-time notification system helps clients maintain precise control over their subscriptions and respond promptly to important changes.
Direct Deposits & Withdrawals from Match2Pay Dashboard
We’ve upgraded our platform by enabling manual deposits to the Match2Pay balance with the aim of funding the merchant’s balance for client withdrawals. Users can now also add their wallet address to the whitelist and request instant settlement withdrawals directly from the dashboard. These improvements mark a significant advancement in making our payment system more flexible and user-friendly.
Benefits for Brokers:
The manual deposit feature offers a quick solution for increasing Match2Pay balance when client withdrawals exceed the currently available balance. Direct dashboard withdrawals simplify settlements, enabling clients to make efficient and secure withdrawals to external addresses when combined with the whitelist.
Deposit Auto-Conversion
To transform how currency management works on our platform, we’ve implemented a deposit auto-conversion feature, which allows for ultra-quick conversion of deposits into the broker’s balance in a different currency. The entire process handles complex scenarios seamlessly.
Example:
A Match2Pay merchant preferring USD settlements receives a BTC deposit from a client with a GBP trading account. The new auto-conversion system automatically credits the trading account in GBP while simultaneously converting the merchant’s balance to USD. All conversions occur instantly and transparently in the background.
Benefits for Brokers:
Choosing the currency for deposit bookings on Match2Pay enhances balance management and stability, resulting from holding stable fiat currencies (beneficial for clients offering products in minority currencies). The optimised accounting process simplifies operations for clients who need to settle all payments in a single currency like USD.
Data Export from the Platform Logs Tab
We’ve enhanced Match-Trader’s reporting capabilities by introducing a new, straightforward feature that exports Platform Logs to a CSV file in just a few clicks. This functionality makes data analysis more accessible and efficient than ever before.
Benefits for Brokers: The CSV export capability represents a powerful tool for easy generation of comprehensive reports and data analysis outside the Forex CRM system. This proves particularly useful when preparing detailed analyses and creating data-driven presentations.
New Broker API Endpoints
By adding new types of endpoints in the Broker API, we’ve provided more API query capabilities. These include:
Retrieve Platform Logs
Create & Cancel Pending Order
Update Trading Account
Retrieve Ledgers by Login List or Groups
Retrieve Orders History by Login List or Groups
Benefits for Brokers:
The expanded API capabilities offer a broader range of possible actions, facilitating more sophisticated automation and integration through the Broker API. With the new endpoints, brokers can streamline workflow processes and manage positions directly from the API without the need to access the Back Office, which is particularly helpful when using an external CRM.
Auto-staking of Rewards on the TRX Network
We’ve developed an automated staking system for Match2Pay Pro clients on the TRX network. The smart solution automatically manages the collection and re-staking of rewards from voting without any manual intervention. Our team designed this feature to ensure automatic reinvestment of all rewards.
Benefits for Brokers:
The implemented system streamlines the entire staking process, leading to higher returns and improved efficiency. This automation increases staking returns while reducing transaction handling costs for clients.
Integration of BASE Blockchain and BTC BEP20 in Match2Pay
To guarantee seamless and reliable operations, we’ve added compatibility with USDC BASE, ETH BASE, and BTC BEP20 to our list of supported tokens.
Benefits for Brokers:
By broadening our network and token support, we’re offering new opportunities to attract clients seeking diverse payment methods. This enhancement demonstrates Match2Pay’s adaptability to emerging market trends, building stronger trust in our payment infrastructure.
Why Match-Trader Became a Game-Changer for Prop Traders in 2024
Marketing Team
The year 2024 marked a significant shift in the prop firm landscape. The entire market underwent global transformations, impacting business activities and the tools used in daily operations. Match-Trade Technologies found itself at the centre of these dynamic changes, with prop firms showing growing interest in the Match-Trader platform. Thanks to our agile approach and well-thought-out solutions, we were able to help companies with urgent needs, facilitating seamless migration and ensuring uninterrupted business continuity. Within a few weeks, we emerged as the platform of choice for the leading players in the prop trading industry.
How Our Platform Changed
The evolving industry dynamics required us to swiftly adapt our overall strategy. In a matter of months, we implemented significant integrations and made feedback-driven improvements to our platform, which allowed us to customise our in-house systems to meet the specific requirements of prop firms. As a result, Match-Trader now features a dedicated PROP tab providing an overview of individual challenge statistics, as well as a PROP MODULE designed for managing prop trading business directly from our CRM.
Additionally, substantial backend modifications were introduced to the Match-Trader platform, beginning with the unification of our API to streamline integration with external CRMs. Another key upgrade was the implementation of an advanced KAFKA queuing system, enabling account status updates without the need for querying. This reduces CRM load and offers much more effective communication between systems. In the event of a CRM failure, the system queues all events on client accounts and, upon reconnection, sends overdue data, account balances and results of open and closed positions, ensuring the CRM can fully update all information.
We have also completed our integration with TradingView Charts—one of TradingView’s most sought-after products—allowing prop firms to use them on the Match-Trader platform at no extra cost. Our upcoming release will be a tournament feature, for which we have developed a dedicated technological backend, available both as part of our CRM package or as a standalone solution.
Match-Trader in Numbers
Our intensive efforts and technological advancements have yielded impressive results. Since February 2024, Match-Trade Technologies has onboarded nearly 60 prop firms. Notably, around 60% of the top 10 prop firms have chosen Match-Trader as an additional trading platform for their clients. This has driven a 51% quarterly increase in our technology-related activities, making prop technology an integral part of our business model.
The aforementioned 60 firms have sold over 650,000 challenges through our platform, generating over $100 million in challenge revenue for all firms using Match-Trader. Recent months have shown no signs of slowing in account openings—by the end of the year, we project that about 1 million prop challenges will be sold on the platform.
Future of Prop Trading
The past 8 months have demonstrated the prominent role of prop business in the forex industry. While the long-term trajectory of this shift remains uncertain, we have strategically positioned ourselves to capitalise on present opportunities and prepare for future challenges. To maintain our competitive edge and stay ahead of market demands, we remain highly responsive to changes in the prop trading industry and are implementing new, multi-level development strategies. Our focus continues to be on streamlining technological processes, enhancing integrations and continuing our core mission of delivering cutting-edge solutions and providing strong technological support to our clients.
Match-Trade September Release 2024
Marketing Team
In this month’s update, we’ve concentrated on strengthening the backend of our Prop Trading Solution, implementing improvements to our CRM system and refining workflows for Brokers. The newly added features, including automated phase transitions, customizable KYC options, and real-time email alerts, provide Forex Brokers and Prop Trading Firms with enhanced flexibility and control over their processes. These enhancements are aimed at optimizing account management, elevating user experience, and boosting operational efficiency—crucial elements that can directly influence the success of your business. Explore the full details to see how these updates can benefit your firm.
Streamlined Challenge Management in our Prop CRM
As part of our commitment to continuously enhance the functionality of our Prop Trading CRM, we’ve introduced a new feature that offers flexibility in managing trader challenge phases. This update enables both manual and automatic phase progression, giving Brokers greater control over how traders advance through challenge stages.
Key new features:
“Evaluation Requests” Tab
We’ve added a dedicated “Evaluation Requests” tab in the CRM, where administrators can review and approve requests for progression to the next challenge phase. This feature empowers Brokers to manually assess trader performance before allowing them to advance.
“Auto Evaluation” Parameter
Phase configuration now includes a new “Auto Evaluation” option. When disabled, traders who click “Progress to next phase” in the MTR will not automatically advance. Instead, their request is sent to the CRM for administrator approval.
Manual Rejection Process
If an administrator rejects the progression request, the account’s balance is reset to the initial balance, and trading days are cleared, ensuring full compliance with challenge rules.
Enhanced Notification System
We have implemented a new notification system within the Match-Trader platform to improve communication with traders. Traders receive real-time updates on the status of their phase progression requests, ensuring they are informed throughout the process.
Benefits for Brokers:
The new “Evaluation Requests” tab in our Prop Broker CRM provides Brokers with greater flexibility in controlling the phase progression process, allowing for a more detailed review of trader performance before moving to the next stage. Introducing the “Auto Evaluation” parameter will enable Brokers to decide which phases require manual verification and which can be processed automatically. This added layer of control ensures a more customized and precise evaluation process. The enhanced notification system in the Match-Trader platform also improves communication with traders, keeping them updated on their requests’ status, boosting transparency and engagement.
Customizable Daily Loss Reset time in our Prop CRM
We are continuously advancing our Prop Trading Solution to meet the evolving demands of the market. In the Prop section of our CRM system, we have introduced a new “General Configuration” tab, giving Brokers the flexibility to customize the reset time for the Daily Loss Limit. This update allows users to choose any specific hour for resetting daily losses, moving away from the previously fixed reset time of 00:00 UTC.
Benefits for Brokers:
The ability to adjust the Daily Loss Limit reset time offers Prop Firms greater operational flexibility, enabling them to align the reset with their clients’ local time zones. This significant customization not only improves the user experience but also allows Prop Firms to cater to the specific needs of their traders, ultimately enhancing the efficiency and adaptability of the platform to meet diverse operational requirements.
Trading Days Adjustment in Account Management of our Prop CRM
We’ve introduced a new feature that allows Brokers to modify the number of trading days directly from the Account Management tab in our Prop CRM. Along with this enhancement, we have updated the relevant endpoints to include the “tradingDays” value in the response for each account, giving Brokers the ability to both view and update this parameter seamlessly.
Benefits for Brokers:
This new functionality provides Prop Trading Firms with greater flexibility and control over user accounts by allowing them to manage the number of trading days directly from the CRM. It streamlines account management, making adjusting trading conditions and tailoring them to specific client needs easier, ultimately enhancing operational efficiency and control.
New KYC Settings for Individual Phases in our Prop CRM
We have shifted the KYC verification function from the overall challenge settings to each individual phase, giving brokers greater control over user verification. Now, each phase can have its own “KYC required” flag. If the flag is enabled for the first phase, clients must achieve verified status before purchasing the challenge. The KYC verification is triggered for subsequent phases when the trader tries to advance. If a trader doesn’t have Verified status, the transition will be rejected, or the request will be denied if auto evaluation is turned off. To keep traders informed, we have added specific notifications for KYC-related issues at every stage within the Match-Trader platform.
Benefits for Brokers:
By moving the KYC check to individual phases, we’ve not only allowed Brokers to better manage the verification process for users but also significantly improved the user experience. Clear error messages related to KYC help traders quickly understand why their progression to the next phase was denied, streamlining communication and ensuring a smoother journey for our users.
Real-Time email notifications for critical account actions
We’ve implemented a new email notification system that automatically alerts both clients and administrators about key account events. These emails are triggered by critical actions such as:
A request to move to the next phase
Account progression to the next standard phase
Account progression to the funded phase
Account failure (burning)
Benefits for Brokers:
Email notifications offer numerous advantages, improving both operational efficiency and customer relationships. They provide immediate communication, ensuring clients and admins are promptly informed of crucial account events, which enables faster responses. This automation saves time by reducing the need for manual updates and minimizes the risk of missing critical information. It enhances transparency, building trust with clients by keeping them informed of important changes. Additionally, timely notifications help increase client engagement and understanding of account processes.
New and expanded endpoints in Broker API
We’ve introduced new and extended functionality within the Broker API, adding several new endpoints that provide greater flexibility for API queries. The newly added endpoints include:
Close Partially – allows partial closure of an open position
Add Note – enables adding a note to a specific position
Add Task – creates a task for the account manager
These additions open up more possibilities for Brokers to manage tasks and processes through API integration.
Benefits for Brokers:
The expanded range of actions available via the Broker API offers brokers more powerful tools for managing operations efficiently. With new endpoints like “Close Partially,” “Add Note,” and “Add Task,” Brokers can now streamline workflow processes, automate task management, and control positions directly from the API without needing to access the Back Office.
Seamless CSV Export from IB Accounts Tab in Our Forex CRM
Elevating the functionality of our Forex CRM, we’ve introduced the ability to export data directly from the IB Accounts section into CSV files. This new feature allows users to quickly download comprehensive IB account data, offering a more efficient way to analyze and manage performance metrics. With just a few clicks, users of our Forex CRM can easily extract and utilize data in external tools, making it simpler to maintain records and perform in-depth analysis.
Benefits for Brokers:
This addition empowers Brokers by providing greater flexibility in handling IB account data. The simplified export process enables quicker report generation, efficient performance tracking, and seamless integration with third-party analysis tools.
Streamlining workflow in our Forex CRM
This September, we also introduced the highly intuitive “Save Order” functionality across the Payment Gateways, Offers, Terms & Conditions, and Lead Assignment tabs of our Forex CRM. This new feature allows users to seamlessly rearrange items within tables by simply dragging and dropping or using arrow keys. With this added flexibility, users can now organize elements to suit their workflow and preferences best.sers can now organize elements in a way that best suits their workflow and preferences.
Benefits for Brokers:
This feature allows Brokers to streamline the organization of critical elements within the CRM system, making data management more efficient. By empowering Brokers with an intuitive tool to customize the order of items, we enable them to enhance the clarity and structure of their workflows.
Enhanced deposit and withdrawal views in our Forex CRM
As part of our September updates focused on improving User Experience, we’ve added “Name” and “Surname” fields to the detailed views of deposits and withdrawals within our Forex CRM. By placing these fields alongside the “Account” field, this enhancement ensures a clearer, more organized presentation of user data, creating a more intuitive and cohesive interface for Brokers.
Benefits for Brokers:
With the addition of “Name” and “Surname” fields in both table and detailed views, Brokers now have a more efficient way to manage and review client information. This update not only simplifies user identification but also enhances the consistency of data across the CRM, making it easier to access and verify details during transactions. Overall, this improvement contributes to a more fluid and user-friendly experience, enabling Brokers to manage their operations with greater precision and ease.
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