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.