Trading platform providers DXtrade and TradingView have established a new integration to mutually support their broker partners. TradingView acts as an advanced charting frontend to attract new traders. This presents new business opportunities for brokers utilizing both platforms.

Trading Platforms DXtrade and TradingView Partner to Expand Broker Services

DXtrade, created by financial software company Devexperts, will connect its trading backend directly into the TradingView platform. This streamlines the process for brokers licensing DXtrade to offer integrated TradingView charting and community features.

“After Devexperts contributed to multiple broker integrations with us through their DXtrade trading backend and facilitated the process, we stand prepared to welcome new brokerages into our mutually beneficial ecosystem,” said Rauan Khassan, the VP of international Growth at TradingView.

The integration centralizes key functionality like order execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term, risk management, and commissions within DXtrade. As 50 million active traders use TradingView worldwide, the partnership expands DXtrade's reach by allowing its brokers visibility and direct signups on the popular platform. In turn, TradingView gains broker partners providing live trading through its charts.

“This integration makes it much easier for brokers to offer their execution services on tradingview.com. It's great for our brokers to be able to access the massive network of traders that TradingView has,” Jon Light, the Head of OTC Platform at Devexperts, added

DXtrade supports trading across stocks, derivatives, CFDs and cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term. TradingView offers advanced charting, analytics, and community tools to traders worldwide. The partnership connects these platforms for a unified broker and trader experience.

Devexperts' Strategic Expansions and Innovations in Financial Technology

Devexperts has released predictions on market trends in the financial industry for 2024. The company identified evolving dynamics in relationships between brokers, dealers, and clients that are likely to persist.

In October 2023, Devexperts expanded its London team by appointing four senior professionals - Paul Tavares, Brian James, Michael Ambite, and Heetesh Rawal - as the Vice Presidents of Sales and Business Development. With over 70 years of collective expertise in market data and fintech, they are positioned to meet client needs and guide development initiatives.

In the meantime, Devexperts launched DXtrade XT Mobile, an advanced mobile app enhancing the functionality of their DXtrade platform. The app aims to make trading more accessible for retail investors by offering a white-label, user-friendly solution for retail brokers. Available in app stores, it supports trading various financial instruments and features real-time market data streaming to help traders manage portfolios efficiently.

Additionally, ThinkMarkets, an online trading platform for forex, CFDs and stocks, has integrated the TradingView charting platform into its ThinkTrader website. This allows traders to expand their analytical capabilities and monitor up to eight charts simultaneously, enriching the trading experience.