Brokeree Solutions, a multi-asset brokers technology provider , announced on Tuesday that its flagship liquidity solution, Liquidity Bridge, was integrated with the DXtrade, a Devexperts contracts for difference (CFDs) trading platform.
DXtrade and Brokeree Liquidity Bridge Integrate
The DXtrade CFD trading platform is designed to provide multi-asset and broker-agnostic trading platforms to foreign exchange (FX), crypto, and CFD trading brokerages. By leveraging a set of industry APIs, brokers can quickly implement DXtrade into their existing brokerage operations, including KYC, client portal, or payment provider.
With the Liquidity Bridge integration, the Devexperts solution has become a multi-platform solution that is accessible to brokers licensing DXtrade CFD. The latest move provides trading companies with cutting-edge liquidity aggregation technology that was previously available only for MetaTrader brokerages. The platform's 'plug-and-play' implementation ensures quick integration without the need for additional development or per-broker customization.
"We constantly evaluate new trends in the industry and pay special attention to clients' requests. We noticed that some brokerages allow their clients to choose from several trading platforms. Starting with Liquidity Bridge, we aim to provide all our flagship technologies to brokers operating with leading platforms," Andrey Kamyshanov, the Co-Founder and Managing Partner at Brokeree Solutions, commented.
For the last few years, Brokeree Solutions has been developing tools that enable enterprise-level brokerages to operate across different trading ecosystems. The company offers brokers flagship cross-server investment platforms like PAMM and Social Trading. The Liquidity Bridge integration is the company's first multi-platform solution.
The Liquidity Bridge is a comprehensive solution designed to manage large volumes of liquidity from multiple sources. It can connect various liquidity providers with the trading platform, allowing brokers to fine-tune trade execution. With this technology, brokers can set up any business model, including in-house risk processing, hybrid A/B book, DMA, ECN, or pure STP.
According to Jon Light, the Head of OTC Product at Devexperts, the DXtrade platform is crucial for those who prefer to choose their vendors and are not interested in a packaged solution in a single place.
Brokeree Integrates Liquidity and Social Trading Solutions
Last month, the Estonia-based FX technology provider announced that it integrated its Liquidity Bridge with the regulated liquidity provider for FX and CFDs, Match-Prime.
"With this integration, brokers which use the MetaTrader 4 and 5 trading platforms can simultaneously access cutting-edge liquidity management technology – Liquidity Bridge, and the advanced liquidity pool from Match-Prime," Brokeree Solutions commented in the press release.
A month earlier, Brokeree Solutions announced another partnership with FX software company XCritical, which resulted in the integration of Brokeree's Social Trading solution into XCritical's customer relationship management (CRM) system. This recent integration allows users to copy trades from MetaTrader 4 and MetaTrader 5 platforms in just a few clicks, enabling them to respond promptly to market changes and manage their trading efficiently.
DXtrade Partners with Devexa and Your Bourse
In addition, the DXtrade platform has remained active in the integration field over the past few months. In December, it partnered with Your Bourse, a platform-as-a-service covering multi-asset liquidity aggregation. Through the integration, brokers utilizing DXtrade will be able to connect with liquidity providers, including access to over 30 major banks and Tier 2 liquidity providers.
Devexa, Devexperts' AI-powered chatbot for support and sales desks, was integrated with DXtrade in January. As stated in the press release shared with Finance Magnates, the chat widget is integrated into the web trading terminal, enabling traders to seek support instantly. Moreover, it assists brokers in targeting traders with customized marketing.
