简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Devexperts has added spot cryptocurrency trading functionality to its multi-asset trading platform, DXtrade, the trading industry technology provider announced on Wednesday.
Brokers using DXtrade can now offer both margin and spot crypto trading services.
It is one of the long-awaited services in the industry.
This functionality will allow the brokers using DXtrade to offer both margin and spot cryptocurrency trading services using the same platform. The platform has already been supporting crypto derivatives trading since 2018.
Additionally, the press release shared with Finance Magnates detailed that the new functionality was added after growing demand for it from brokers.
“Spot trading functionality was a long-awaited feature by many FX/CFD and Crypto brokers looking to go beyond only margin trading,” said Jon Light, the Vice President of Devexperts OTC platform.
“With DXtrade, they can satisfy the demand of their traders on a traditional purchase of crypto and digital assets. This release created a unique platform where brokers can provide both margin and spot accounts at the same time.”
A Multi-Asset Trading Platform
DXtrade is a multi-asset trading platform, meaning brokers offering forex, CFDs and cryptocurrency trading services can use the platform. It is being offered as a white-label software-as-a-service (SaaS) platform and is hosted and maintained by Devexperts.
Meanwhile, Devexperts has been enhancing the services of its trading platform for years now. DXtrade integrated the aggregation liquidity hub of Centroid Solutions to further enhance its liquidity offerings.
Earlier in February, Singapore-based FYNXT (formerly Simple2Trade) strengthened the offerings to its Client Manager and IB Manager with the integration of DXtrade. That enabled the forex and CFDs brokers already licensing FYNXTs solutions to access DXtrade services within the platform.
“DXtrade is ideal for those brokers who want to focus on their marketing and dealing operations without spending time on selecting and integrating 3rd-party add-ons to their trading servers,” Light said earlier.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
London-based commodities broker Marex is poised to strengthen its operations in the Middle East with the acquisition of Abu Dhabi’s Aarna Capital Limited.
Currency movements—whether a currency strengthens or weakens—are critical indicators of a country's economic health and its position in the global market. In this article, we explore what these movements imply, and how they influence a country’s economic landscape.
TMGM Broker Review 2024: A comprehensive overview of TMGM's regulatory status, trading platforms, and customer support to guide traders in making informed decisions.
The Commodity Futures Trading Commission (CFTC) has initiated legal action against Aipu and Fidefx, alongside individual defendants Qian Bai, Lan Bai, and Chao Li, accusing them of fraudulently soliciting and misappropriating at least $3.6 million from 32 customers.