B2Prime Partners with cTrader to Expand Liquidity Options

Monday, 10/06/2024 | 12:45 GMT by Jared Kirui
  • This partnership integrates cTrader with B2Prime's existing platforms, including OneZero and PrimeXM.
  • B2Prime offers multi-currency margin accounts for both individual and institutional clients.
B2Prime

Multi-asset liquidity provider B2Prime has partnered with cTrader to enhance users' trading experience with liquidity options. B2Prime's existing platforms, including OneZero and PrimeXM, now feature the addition of cTrader to enable traders to access multiple connectivity options.

Responding to Growing Demand

Nicholas Chrysochos, Executive Director of B2Prime, mentioned in the official press release: "Numerous hedge funds, money managers, professional traders, algorithmic traders, systematic traders, and high-net-worth individuals have shown a keen interest in accessing our extensive liquidity pool. In response to this growing demand, we have chosen cTrader as the platform through which these clients can access our bespoke liquidity products across a wide range of jurisdictions."

Spotware Systems, the provider of the cTrader platform, has lauded the importance of this partnership in developing a liquidity provision network. The company mentioned that this move is important in offering a competitive pricing and trading experience. B2Prime offers multi-currency margin accounts for individual and institutional clients.

"We are excited to continuously develop our liquidity provision network, expand the asset offering, and enhance the reliability of our trading environment. Partnering with B2Prime contributes to delivering competitive pricing and an exceptional trading experience to our end users. With our cutting-edge technology and B2Prime’s strategic growth, we are confident in driving innovation and success for our clients globally," Ilia Iarovitcyn, the CEO of Spotware Systems, said.

In April, B2Prime acquired a security dealer license in Seychelles as part of its global expansion strategy. This approval, reportedly the company's third, followed similar licenses granted by Cyprus and Mauritius.

The security dealer license allows B2Prime to engage in essential financial activities, such as negotiating and entering agreements for securities, managing transactions, and handling portfolios on behalf of clients. This legal framework, under the regulatory oversight of the Seychelles Financial Services Authority, ensures that B2Prime operates efficiently within global markets.

Strong Financial Performance

Meanwhile, B2Prime recently disclosed the financial results of its parent company, B2B Prime Services EU, for January and February 2024. The results highlight a 40.32% increase in total assets to €28,969,690.98. Client assets held for trading grew to €26,840,460.11, an increase of 47.6% from the previous year.

In addition, shareholders' equity rose by 8% in the first quarter of 2024. Total assets grew 68%, client assets held for trading increased by 64%, and shareholders' equity expanded by 289%.

B2Prime offers over 225 instruments across six asset classes in CFDs, including forex, cryptos, spot indices, precious metals, commodities, and NDFs, through a single margin account. On the platform, clients can access deep liquidity pools sourced from Tier-1 providers, ensuring tight spreads and fast execution .

Multi-asset liquidity provider B2Prime has partnered with cTrader to enhance users' trading experience with liquidity options. B2Prime's existing platforms, including OneZero and PrimeXM, now feature the addition of cTrader to enable traders to access multiple connectivity options.

Responding to Growing Demand

Nicholas Chrysochos, Executive Director of B2Prime, mentioned in the official press release: "Numerous hedge funds, money managers, professional traders, algorithmic traders, systematic traders, and high-net-worth individuals have shown a keen interest in accessing our extensive liquidity pool. In response to this growing demand, we have chosen cTrader as the platform through which these clients can access our bespoke liquidity products across a wide range of jurisdictions."

Spotware Systems, the provider of the cTrader platform, has lauded the importance of this partnership in developing a liquidity provision network. The company mentioned that this move is important in offering a competitive pricing and trading experience. B2Prime offers multi-currency margin accounts for individual and institutional clients.

"We are excited to continuously develop our liquidity provision network, expand the asset offering, and enhance the reliability of our trading environment. Partnering with B2Prime contributes to delivering competitive pricing and an exceptional trading experience to our end users. With our cutting-edge technology and B2Prime’s strategic growth, we are confident in driving innovation and success for our clients globally," Ilia Iarovitcyn, the CEO of Spotware Systems, said.

In April, B2Prime acquired a security dealer license in Seychelles as part of its global expansion strategy. This approval, reportedly the company's third, followed similar licenses granted by Cyprus and Mauritius.

The security dealer license allows B2Prime to engage in essential financial activities, such as negotiating and entering agreements for securities, managing transactions, and handling portfolios on behalf of clients. This legal framework, under the regulatory oversight of the Seychelles Financial Services Authority, ensures that B2Prime operates efficiently within global markets.

Strong Financial Performance

Meanwhile, B2Prime recently disclosed the financial results of its parent company, B2B Prime Services EU, for January and February 2024. The results highlight a 40.32% increase in total assets to €28,969,690.98. Client assets held for trading grew to €26,840,460.11, an increase of 47.6% from the previous year.

In addition, shareholders' equity rose by 8% in the first quarter of 2024. Total assets grew 68%, client assets held for trading increased by 64%, and shareholders' equity expanded by 289%.

B2Prime offers over 225 instruments across six asset classes in CFDs, including forex, cryptos, spot indices, precious metals, commodities, and NDFs, through a single margin account. On the platform, clients can access deep liquidity pools sourced from Tier-1 providers, ensuring tight spreads and fast execution .

About the Author: Jared Kirui
Jared Kirui
  • 1511 Articles
  • 24 Followers
About the Author: Jared Kirui
Jared is an experienced financial journalist passionate about all things forex and CFDs.
  • 1511 Articles
  • 24 Followers

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