For better user experience and content

Tell us who you are?

We use cookie files and similar technologies to help you better browse our website as well as to count the usage statistics. If you do not block those files, therefore you agree to use them and to store cookies in your web browser. Remember, you can manage cookies and cookie consent manually in your web browser settings. Read more about our Website Privacy Policy

Privacy Policy for Clients

  • The data controller of your personal data is Match-Trade Technologies LLC based in 2372 Morse Avenue, Irvine, California 92614, United States, company no. 5298324 (hereinafter the “Data Controller”).
  • The data controller has appointed a Data Protection Officer (Mr. Krzysztof Teofilski). You can contact the Data Protection Officer by e-mail:
  • Your personal data will be processed for the purpose of concluding and performing the agreement executed with the Data Controller as well as fulfilling the Data Controller’s obligations resulting from the applicable law, in particular obligations arising from the counteracting money laundering and terrorism financing regulations. Your personal data will also be processed in order to implement the legitimate interests of the Data Controller, such as making necessary settlements and pursuing claims arising from the executed agreement, security, counteracting fraud and direct marketing of the Data Controller.
  • Data processing for purposes other than the above may take place: (i) based on obtaining additional consent, (ii) based on applicable law, or (iii) when it is consistent with the purpose for which the personal data were originally collected (Article 6 Section 4 of the Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC, (hereinafter the “GDPR”).
  • The Data Controller nie sprzedaje Twoich danych do podmiotów trzecich.
  • Personal data that the Data Controller collects comes directly from you and are obtained via the website, the process of establishing a contractual relationship and during the duration of the contractual relationship in connection with the services provided (technological solutions provided, including through them).
  • Personal data collected via the website includes, in particular, name, surname, email, telephone number, country, company, IP address.
  • Personal data collected in connection with the services provided include in particular name, surname, email, telephone number, country, company, job position, PEP status, professional experience, education, date of birth, criminal record data, citizenship, financial data, trading data, ID number, date of issue and expiry date of the identity document, TIN, IP, geolocation.
  • The legal basis for the processing of your personal data is:
    • to the extent that data processing is necessary to perform the agreement and to take actions before its conclusion – Art. 6 Section 1 Letter b of the GDPR);
    • to the extent that data processing is necessary for the Data Controller to fulfill its legal obligations as an entity conducting virtual currency exchange and deposit services, in particular informing financial supervision authorities and financial information authorities about the services provided and transactions performed, verification and identification the Client’s identity and ongoing monitoring of economic relations – Art. 6 Section 1 Letter c of the GDPR;
    • to the extent that data processing is necessary to achieve the purposes arising from the legitimate interests of the Data Controller, such as making necessary settlements and pursuing claims arising from the concluded agreement, security, counteracting fraud or direct marketing of the Data Controller – Art. 6 Section 1 Letter f of the GDPR.
    • You have the right to access your personal data, the right to rectify and delete it, as well as the right to limit data processing. To the extent that processing is necessary to perform the agreement to which you are a party or to take action at your request before concluding it , you also have the right data transfer. If you believe that your data is processed contrary to legal requirements, you may lodge a complaint with the competent supervisory authority.
    • Providing personal data is voluntary, but necessary to conclude the agreement and use the Data Controller services. Failure to provide the personal data will result in refusal to conclude the agreement.
    • Your personal data may be transferred to the following categories of recipients: banks, payment institutions, virtual asset service providers, companies from the capital group to which the Data Controller belongs, postal operators, supervisory authorities, financial information authorities, , suppliers of tools and platform software used to handle transactions and financial operations performed in the course of the implementation of the agreement, as well as to send commercial information by electronic means of communication, legal advisors and entities providing servers and storing data.
    • In the case of transferring personal data to third countries, the Data Controller transfers them using mechanisms in accordance with applicable law, which include, among others EU Standard Contractual Clauses.
    • Your personal data will be stored for the duration of the agreement, as well as after its termination, for a period of 5 years, counting from the first day of the year following the year in which the economic relationship with the client ended or until the limitation period for claims arising from legal provisions expires. Data included in the results of assessments of economic relations will be processed for a period of 5 years, counting from the first day of the year following the year in which they were passed. The above data storage periods may be extended if required by the relevant supervisory authority. To the extent that data processing is based on the legitimate interest of the Data Controller, the personal data will be processed for the time necessary for its implementation (in particular until the limitation period for claims under applicable law), but no longer than until the objection is deemed justified by your particular situation, and if the legally justified interest is the Data Controller’s direct marketing – until you express your objection.
    • To the extent that personal data is processed for the Data Controller’s direct marketing purposes, you have the right to object to data processing, which does not require justification. If the processing is based on other legitimate interests of the Data Controller, exercising your right to object requires justification by your special situation.
    • You will not be subject to a decision that is based solely on automated processing, including profiling, and produces legal effects concerning you or similarly significantly affects you.

Subscribe to our newsletter

By clicking “Subscribe”, you agree to the Privacy Policy

All news

  • 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.

Like this article? Share it!

Don’t miss these