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    • Match-Trade April Releases

      Marketing Team

      Auto-login feature

      Auto-login feature

      In our latest release, we’ve added an auto-login feature in our Match-Trader platform and Client Office and CRM app. Now the user is redirected to the platform or Client Office immediately after registration without re-entering the password. With this new feature, the registration process has become more convenient as your client can log in and make a deposit immediately.

      Market Watch – custom instruments’ order

      There have been minor changes in our platform: from now on, you can set up your favourite instruments in a prefered order. On the mobile and web versions of the Match-Trader, this can be done using the “drag & drop” operation, where you can “grab” an instrument of your choice from the Favorite tab and drag it to the selected position. Keep in mind that you can add new instruments from “All symbols” to favourites and delete unused ones by pressing a star symbol.

      Profit visible on the browser tab

      The current profit is now displayed on the browser tab. It helps control open positions fast, as traders don’t need to enter the platform to check the profit value.

      MAM leaderboard

      We’ve added MAM master accounts in leaderboards to the Match-Trader platform. Investors can verify the performance of each manager before subscribing to them. Combined with additional statistics on the masters’ accounts, it will help traders choose the best master to entrust money. 

      Setting the order of offers

      In April, we added the possibility of setting the order of offers in registration forms of the Client Office and CRM app and Match-Trader Platform. Brokers can arrange the order of the offers as they see fit, placing the ones they want to promote at the very top of the list on the registration form. 

      Client type segregation option

      In our April releases, we’ve added an account type segregation option to the back-office that will be especially useful for regulated brokers. From now on, Brokers will have the possibility to divide customers into three categories – Retail, Professional and Experienced. 

      2FA in the back-office app

      We’ve improved the security of the back-office by adding two-factor authentication (2FA) to better protect stored data, payments and withdrawals. Additional protection provides better data protection against potential theft attempts.

    • Start a Forex Broker: How to choose the right trading platform

      Marketing Team

      Start a Forex Broker: How to choose the right trading platform

      The most important step in becoming a Forex Broker is the choice of technology and trading system. This is a defining moment because depending on the choice of technologies, the course of development of your entire business may change, especially if you are a novice Broker. 

      Today we will talk about how to choose the right trading platform for your business: where to start, what you need to pay attention to, and what options novice brokers have on the market. This article will also help Brokers operating for a long time and want to improve the quality of the services provided or reduce their operating costs. 

      1. Knowledge and resources 

      Before choosing your trading platform, you should honestly answer the question: Do you have enough knowledge and IT resources to deal with platform selection and technology installation? If the answer is no, we advise looking for a trusted technology provider. In the beginning, it may seem like a far from budget option, especially for start-up brokers, but all expenses will pay off in three months of doing business.

       2. Industry experience and budget 

      Whether you can cope on your own or not depends on the level of your expertise in the forex market and the budget that you have. If you have already achieved success as an IB and know how the forex market works, it is worth looking for a solution to create your own brand. While your technology provider takes care of the optimal technology setup (including the Client Office CRM and the Back Office Apps), you can focus on attracting new customers.

      3. Choosing target audience 

      An essential step in becoming a forex broker is identifying your potential clients.

      If you are going to work with newbie traders:

      • The trading platform should be simple and intuitive
      • Be able to deposit and withdraw funds within the platform without switching to third-party applications
      • Possibility to check the expected result of take-profit and stop-loss
      • PAMM / MAM services or if it can be integrated with a Social Trading solution.

      If you are going to work with experienced traders and IB, then the platform requirements will be:

      • A mobile version of the platform is required since most transactions are made on the go. 
      • Synchronization of all user data and settings across all devices in real-time.
      •  automatic registration with KYC
      • The possibility to create another account and transferring funds between the accounts
      • Dedicated IB portal
      • And even more… (For more information on what experienced traders need, take a look at our guide)

      4. Ways of acquiring a trading platform:

      There are three options, one of which we won’t consider today since this is creating your own platform from scratch. If you do not have experience in brokerage, you still do not know what the customers want, and you don’t have a reliable team – it is almost impossible to create a decent trading platform. Not to mention the fact that it’s a long and expensive process.

      There are two options left, and the first one is the Full license platform. This is a solution for those who prioritize independence. You gain administrative authority to customize the entire trading environment according to your needs. There are several platforms available as a full license on the market: MetaTrader 5, cTrader, XOpenHub, Match-Trader, Utip, etc.

      The price for such platforms varies from 15,000 to 100,000, depending on the popularity of the platform and its “filling”. 

      An option for start-up brokers to consider is the White Label Platform. This means that you can use somebody else’s platform without having to invest a lot of money for the Server License version. You choose a new name for the platform at your discretion, and you can use it under your brand. This is the cheapest option on the market and is available from $ 1,000. We offer a Match-Trader White Label solution with a low setup fee and with a possibility to pay a $ 0 monthly flat fee when acquired in the package with Liquidity.

      The most popular solutions on the market right now are MT5 and MT4, but you can also look around the market to compare the key features and aspects of different platforms. Check our guide to see what key elements of a White Label trading platform you need to consider and compare.

      In conclusion, we would like to say that, according to our experience, investors who want to become a forex broker and compete with the leading players in the market should still turn to a trusted, reliable provider of brokerage technologies. You will be able to grow your client base and not waste time on closing technical opportunities. In our guide, we’ve made a checklist of things to check when choosing a Forex Technology Provider.

    • Match-Trade March Releases 2021

      Marketing Team

      Top Movers Today Widget on Match-Trader

      Top Movers Today Widget on Match-Trader 

      In our March release, we’ve added the Top Movers Today widget to our Match-Trader platform for Forex Brokers, where investors can view which of the instruments have the highest volatility of the day. For Forex traders, it’s crucial to highlight the most volatile instruments, which are thus the most trending and allow them to earn potentially the most. This information will also enable novice traders to find potential investment opportunities easily and better manage the risk of existing positions. There is a possibility to extend or hide the section on the web and mobile version of the platform.

      Redirect payment

      A new payment solution for Forex Brokers allowing redirection to the external services is available in our Client Office for Match-Trader and MT4 / 5 users. The investors can transfer funds via different external PSPs using the deposit button on their CO account. The payment information stays saved in the CO while the Broker receives information via email that there’s a payment waiting to be confirmed.

      Min/max volume columns & minimum commission setting

      As in the previous release, we continued to improve the Admin App and inserted one small change to the Group Instrument Details view. We’ve added individual settings per group for given instruments, allowing Brokers to set a maximum or minimum transaction value. 

      Also, Brokers will be able to set a minimum amount of commission to be paid by the trader. This new feature makes perfect with operations with stocks, for example. The Broker can set the commission per group of given instruments.

      Deposits/withdrawals CSV export

      A new CRM feature for reporting has been added in the Back Office App. Now Brokers can download the history of deposits and withdrawals in .csv format. The report also shows conversion rates for deposits and withdrawals, making it easy to check digital currency exposure if the Broker does not use our conversion option. 

      ReCaptcha data security tool

      We’ve decided to strengthen data protection by adding the Google reCaptcha tool to the Back office application for our client’s information security. This type of protection was designed to eliminate submissions by computers and safeguard data, especially personal information. This security feature is embedded in the Back Office App to protect Brokers from possible hacker attacks and break-ins on their accounts.

       

      ENSO payments

      To expand our payment options, we have integrated with the new PSP – ENSO payments. Every Broker using Match-Trader or Client Office with CRM will have access to the ENSO to make payments via credit/debit cards, wallet or bank transfers. It is also possible to make deposits in EUR or USD. 

      BTC node

      We are pleased to inform you that we’ve integrated our own BTC node without any intermediaries. Managing the BTC node on our side will help us to increase the range of upgrades in terms of digital currency transactions – like Segwit address support which will be available soon.

    • Match-Trade February Releases 2021

      Marketing Team

      Match-Trader PRO – modern platform for institutional clients

      Match-Trader PRO – modern platform for institutional clients

      In our February release, we’ve replaced the old Match-Trade Pro System with a new and more advanced version of the platform. The latest version of Match-Trader PRO is compliant for institutional clients guaranteeing operational transparency (order books) and the highest standard for the reports. The platform also provides built-in deposits and a CRM system for easy management. It can be accessed through web, desktop or mobile app. Match-Trader PRO handles positions both in netting (FIFO) and retail mode. 

      Simplified hedging mode (A-Book)

      Due to the simplified hedging mode for A-Book Brokers, 1 to 1 coverage of positions opened by a trader is now possible without netting. The new functionality enables creating transparent reports without having to use excel form. There is no longer a need to manually open or close positions since we’ve added a special option to easily adjust positions between Liquidity Provider and client’s account.

      Bulk operations on groups and accounts

      Managing accounts has become easier, and now Brokers can adjust the markups for all instruments in the group at one time. Brokers will also be able to bulk set markup, swap, commission, agent’s commission and leverage per single instrument. In addition to this, there’s a possibility to delete multiple accounts at once, including closing positions and orders. Blocking and unblocking of selected trading accounts is also available.

      New options of group configuration

      Using the Admin App, Brokers can calculate swaps according to the yearly % rate which is especially usefull for equities. What is more, swaps can be set up for particular instruments or groups only. We’ve also added the total markup column in the Group Instrument Details view, showing the sum of the bid and ask markup. 

      New modes of calculating commission for IBs (Multi-level)

      To make commissions’ calculation more transparent, we’ve added new types of calculations for multi-level IB structures:

      • % of markup especially handy for A-book Brokers. Calculating commission based on MT4/MT5/Match-Trader markup set for the groups only. 
      • % of total spread, which means the commission’s calculation based on the raw spread and the markup set depending on the client’s group. 
      • $ per 100k – calculation of commission on the nominal value of the traded instrument. Since we take the lot value into account, the IB’s commission will always be calculated fairly.

      Branded IB Room

      A new branded IB Room with Broker’s logo and colours is available for both desktop and mobile devices (app to install). IB Room is already integrated with our Client Office app …. making it easy to switch between IB area and trading accounts. It also includes a summary of profits, sub IB structure and clients view. 

      MiFID questionnaires

      In our February releases, we’ve added MiFID questionnaire in Traders Profiles, as gathering additional information became necessary for the regulated Brokers. Only users who fill the form correctly (according to official regulations) will receive access to the chosen operations. The form creation itself is quick and easy due to a special design of the questionnaire. It includes autocorrection and some customization options:

      • Single and multiple choice questions
      • Disclaimers
      • Additional questions for the specified answers

      The MiFID questionnaire makes the Broker look more reliable for the clients.

      Stop out comment

      We’ve added an essential update to our MT4 and MT5 bridge. When a stop out is performed, detailed information about the action appears in the comment section (margin level %, equity, and margin)

      Digital currency feed – offer extension

      We have created a new ultra-fast feed for Digital currency that aggregates prices from the largest exchanges. In addition to the fact that it is faster, more stable, and more reliable than the previous one, now more instruments have become available (25 pairs in total), including pairs versus BTC, BCH, DSH, ETH, LTC, XMR, XRP, ADA, XLM, DOT, LNK, EOS, TRX, XTZ, VET, XEM, THT, UNI, BSV, AVE.

      Deposit and withdraw search improvement

      Latest releases also brought new functionalities for the Back Office app. Brokers can now filter deposits and withdrawals by reference number (bank transfer), digital currency address, transaction hash, email, transaction status, trading account, or payment gateway.

    • Match-Trade January Releases 2021

      Marketing Team

      Mass mailing functionality

      Mass mailing functionality

      To our Back office system, we have added a Mass mailing feature – possibility to send email to the specified group of users. Brokers can select to send email to Leads or/and Active clients, specified account status or filter mailing list by country or branch.

      What is more, Brokers have a live preview of the created email so they can create an email with HTML and CSS styles.

      KYC in Match-Trader

      In the January release, we have added the KYC option in our Match-Trader platform. Deposit or withdrawal operations can be set only for verified users, also with the possibility to demand verification only for certain payment gateways. Also creating trading accounts in some offers can be reserved only for verified users. Verification option is available in every version of Match-Trader – mobile, web and desktop.

      MAM – two trading systems at once

      Our Match-Trader MAM system got the possibility to connect to Metatrader 5. From now on MAM can be used for both systems – master can trade using Metatrader 5 while slaves will be using Match-Trader. It can be used as a standard master-slave setup but it can be also useful to copy trades opened with EA written in MQL to the Match-Trader system. MAM can be configured with any MT5 demo or real server.

      Detailed Financial Operations in Match-Trader

      Current status of the deposit or withdrawal can be checked also on Match-Trader, trader simply needs to click “Financial operations” button and check the details regarding any payment.

      Broker profile

      All the information provided to the trader can be now changed by the broker. Besides standard information like a phone number or company name, every broker can add his direct communicator like Messenger, Telegram, WeChat or WhatsApp and link to download a trading platform.

      Change in handling digital currency deposits

      Our previous digital currency deposit flow has been changed with the new one which is more convenient for the end-user. In the new flow, the digital currency address is assigned to each trading account. Thanks to that trader can save his address and deposit any time without needing to generate a new address on the platform.

    • Match-Trade December Releases 2020

      Marketing Team

      1. KYC functionality in Client Office

      1. KYC functionality in Client Office

      Our Client Office application has been updated with the possibility of verifying new users. While creating this feature, we came with the assumption that the Broker should easily customize the KYC process. Consequently, we’ve added the possibility to choose which actions need to be done by unverified users and for which compliance action is obligatory. Brokers can process operations like trading account creation, deposit or withdrawal using particular payment gateways depending on the result of AML procedure.

      Brokers can also choose which documents have to be uploaded by the client, setting if they are obligatory. What is more,  depending on the account type different fields can be used for a registration form. 

      2. Trades summary tab in Match-Trader Manager

      A new tab “Trades summary” has been added to the Manager application –  it provides the broker with detailed information, very useful while profiling the client and choosing proper risk strategy for him (A-book or B-book). Brokers can see volume traded, percentage of winning and losing trades and average trade duration or the most profitable instrument of each client in a particular period.

      3. Hedge monitor and profitability reports available for WL Clients

      All Brokers who use our Liquidity now have access to the hedge monitor tab, where they can see their current exposure on each instrument on the hedge account in comparison to clients accounts. It is a very useful tool to monitor if all trades are opened correctly on A-book groups and to check if there are any discrepancies. Additionally, on the bottom of this window, we have added access to the profitability reports, which allow brokers to check how much they earn on each trade routed to LP. 

      4. Match-Trader in Apple and Google Store

      We are pleased to inform you that our Match-Trader has been released in the app version and is now available to download in App Store. Our client’s branded platform can be distributed in the same way.

      5. Lead account manager

      As part of the Sales area in our Forex CRM, we’ve decided to add a so-called lead account manager. Such a person can be assigned to a specific lead even after he already deposits money. Thanks to our role management functionality Broker can decide who in his team can change the account manager.

      6. External Client Office mode

      Some of our clients due to privacy policy and already widely used Forex CRM by their traders decided to integrate with Match-Trader platform without an embedded Client Office. Our developers created a special mode for such clients – together with API provided by Match-Trade integration goes smoothly from both sides.

      7. New payment gateways

      Interkassa and Odeonpay are two PSPs used by our clients which have been integrated into both the new Client Office and Match-Trader platform. The Broker’s clients can easily use credit Card payments offered by these two companies once the Broker is onboarded.

      8. Payment gateway – separate deposits from withdrawals

      Some of the payment methods can be restricted by the broker as only deposit or only withdrawal option. This way brokers can decide where money flows in and flows out for example traders can deposit only using Bitcoin and withdraw via Skrill.

      9. Trading account to confirm

      Another option of handling client registration has been added. We have added the possibility to manually approve the creation of a trading account in specific or all offers. For each trader’s request, the broker will receive an email notification to confirm or reject it without  delay.

      10. Advanced search in Admin panel

      Our previous search of accounts has been expanded with additional features. At this moment,  brokers can easily search through client’s accounts from one place – type in the trading account, account status, account manager or branch and it will help you to find a proper client!

      11. Local stocks support

      Our wide offer of global stocks has been fully supported by the Match-Trader platform. We have added a calculation mechanism which helps to show contract value, TP or SL value of the stocks in local currencies. It is also possible to add request stocks from over 12 countries, mostly from European markets.  

    • BLACK FRIDAY offer to start forex business.

      Marketing Team

      Become a Forex Broker and start your business with our special BLACK FRIDAY offer:

      Become a Forex Broker and start your business with our special BLACK FRIDAY offer:

      • We offer a 50% discount on Match-Trader platform setup. You can buy the platform now and start operating whenever you desire.
      • The promotion covers all available packages.
      • The BLACK FRIDAY offer is valid only if you sign a contract and purchase Match-Trader platform till December 4.
      • The trading platform will be set up by our team when you complete all the formalities, and you’re ready to start your brokerage business.
    • Match-Trade November Releases 2020

      Marketing Team

      Broker analytics

      Broker analytics

      In the November release, we have added a new Business Intelligence feature allowing Broker to comprehensively analyse his Cash Flow including commission paid to Introducing Brokers, Trader’s and IB’s activity and control Leads area.

      In the Broker Analytics section available for every Broker using Match-Trader, MT4 or MT5 trading platform we have placed statistics such as volume traded, profit and deposit amounts of the clients. Six trader’s rankings connected to their trading and deposit activity.

      What is more, data can be analysed comparing business trends in chosen date range versus summary of all broker’s historical data.

      Role management

      Elastic way of creating roles has been added to the Admin back office. You can create a new role to assign it to the specific user. Each tab of the back office can be set up separately including edit, add and modify right, so the specific user has access only to the chosen part of Back office. That is a perfect feature to use for the Support, Compliance, Accounting or Sales Department.

      Instant messaging – real-time broker support

      We have noticed that traders are more likely to contact brokers using online chats rather than advanced support systems with long responding time. That’s why we are supporting four online chats – Messenger, WhatsApp, Telegram and WeChat with possibility to add next ones. Right now, all of our clients can add contact information to above mentioned communicators, so the traders can message them instantly using direct message or group chat.

      Better deposit conversion for online wallets

      PayPal, Skrill or Neteller are popular ways of depositing money in the FX industry. That’s why these methods have been already included at the very beginning of the development of our trading platform. However, right now conversion using online payments methods will certainly increase by adding direct redirection to the above mentioned wallets.

      Open and close position moment on the chart

      To clearly show the moment of entering the position both for current and historical trades, we have added graphic visualisation on the chart. Arrow indicating opening time of the position is shown by default for all trades at the current symbol.

      A trader can see progress of his closed trade by simply clicking specific trade in the Closed Positions tab. He will notice a moment of opening and closing the trade.

      Google Pay and Samsung Pay support

      We are pleased to inform you that one of the exchangers used to deposit on our trading platform using credit card and wire transfer started supporting Google and Samsung Pay. The payment made by the client will be even more convenient.

      Random Delay option on Match-Trade Bridge

      In order to provide the best flexibility to our brokers we have added an option to apply random delay for specific instruments, groups or single clients. This functionality will secure brokers from scalping and toxic clients, which can impair significantly the overall profitability. It works both on a-book and b-book groups.

    • Match-Trader October Releases 2020

      Marketing Team

      Partial close of the position

      Partial close of the position

      In the October release, we have added new functionality of closing only a part of the position. Traders can choose what part of a lot they want to close and what part will remain open. It’s enough to click on the position and choose “Close Partially” button placed under the “Expand List” button. It is even more accessible in a mobile version where the partial close button is visible in the position details view.

      Praxis Cashier Widget

      Recently we have added the widget of Praxis Cashier, our long-term partner to Match-Trader platform.  Now all of our clients can easily access a PSP most suitable for them without any additional integration needed.  This PSP aggregator supports more than 1000 different payment methods including tier-1 acquiring banks, e-wallets, digital currency providers, and more.

      New exchanger added – CEX.IO Direct

      To expand the possibilities of our Forex payment gateway we have integrated with CEX.IO direct, an exchanger that covers a very wide range of countries around the world. Therefore, we have now 5 gateways available where traders can purchase digital currency using credit card or wire transfer (also local ones) and instantly send funds to their trading account. It’s possible to top up accounts using 46 FIAT currencies.

      AUD, BGN, BRL, CAD, CHF, CNY, COP, CZK, DKK, DOP, EGP, EUR, GBP, HKD, HRK, IDR, ILS, INR, JPY, JOD, KES, KRW, KWD, LKR, MAD, MXN, MYR, NGN, NOK, NZD, OMR, PEN, PHP, PKR, PLN, RON, RUB, SEK, SGD, THB, TRY, TWD, UAH, USD, VND, ZAR. By dint of this integration, brokers don’t need to sign any other agreement with CEX.IO and the effectiveness makes it so far the most popular payment method chosen by the traders.

      Credit balance

      From now on Brokers can add credit to trading accounts which will be immediately visible on the trading account and will appear on the platform (all web, mobile and desktop view). Such credit can be added by the broker through the manager application in two ways: by adding it to the trading account or by the specified offer.

      Leads view improvement

      A small change that will improve leads’ management. The “created” column showing the date of creation was added to the Leads dashboard. This allows brokers sort leads by registration date. To make leads management even easier we have also added the view of all trading accounts created by each lead.

      Double-clicking shows the client’s open positions and the history of transactions and orders.

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