UAE-Based GoDoFX Picks Integral for FX and CFD Trading Technology

Integral, a leading foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) technology provider, announced today that GoDoFX, a Dubai-based retail brokerage, has selected Integral for FX and CFD trading technology.

According to an official press release shared with Finance Magnates, GoDoFX is planning to facilitate clients through the latest institutional-grade technology from Integral. Founded in 2021, GoDoFX aims to develop a long-term trading relationship with its retail clients.

Integral MarginFX will allow GoDoFX to design workflow and offer services in an efficient manner. MarginFX works in a flexible Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term-based environment.

Commenting on the latest announcement, Harpal Sandhu, CEO of Integral, said: “We’ve listened carefully to the brokerage community and have thoughtfully developed the full range of technology and trading services needed to grow their businesses and reduce trading costs. We are delighted to be working with GoDoFX and deliver fully customizable trading solutions to meet their evolving requirements.”

Integral has seen consistent growth in average daily volumes (ADV) during the last few months. In June 2021, the company posted ADV of $51 billion, which is a jump of nearly 9% compared to May 2021.

Founded in 1993, Integral is currently offering services to different clients across the world including banks, financial brokers, and asset management firms. Integral has offices in Palo Alto, New York, London, Singapore, Bangalore and Tokyo.

GoDoFX

Headquartered in UAE, GoDoFX is offering trading services in FX, Indices, Gold, Stock CFDs and Oil. “We chose Integral for their institutional technology that goes beyond the standard services employed in the brokerage sector. GoDoFX strongly believes in providing retail customers with an exceptional level of service and the Integral platform allows us to deliver a tailored and personalized offering to every one of our customers,” Ebieraja Alex, COO of GoDoFX, said.

"Integral’s technology means our business is underpinned by sophisticated, yet flexible, infrastructure that allows us to provide the tightest competitive spreads while optimally managing risk at a granular level. We have been extremely satisfied with the level of service delivered,” Mohamed Ahmed, CEO of GoDoFX, commented.