Match-Trade Technologies has expanded the scope of its partnership with Takeprofit Tech, a software developer for forex markets, to enhance the offerings of Match-Trader, a third-party trading platform .
According to the press release shared with Finance Magnates, Match-Trader will add ready-made and custom solutions developed by Takeprofit Tech. It will include liquidity management, risk control, client attraction and bonus tools.
"From the beginning, we assumed that Match-Trader would be an open ecosystem. We aimed for our platform to be easily adapted to other tools available on the market so that each client could create a complete trading ecosystem based on their current setup. Cause that's what matters the most for customers interested in Match-Trader server licenses," said Chris Dankowski, the Chief Operating Officer of Match-Trade Technologies.
"Takeprofit Tech is a trusted partner with whom we've been cooperating for several years, and we know this partnership will allow us to expand the platform's audience."
Check out the recent London Summit session about the advances in trading technology. The panelists elaborated on the trends in the trading technology space.
A Mutually Beneficial Deal
Match-Trade and Techprofit Tech first inked a partnership deal in November 2021. It was aimed to be mutually beneficial as both can expand the range of their services.
With the initial deal, Match-Trade's bespoke solutions became available for Takeprofit's clients, while Takeprofit Tech, founded in 2013 with offices in Russia and Cyprus, started to deliver a wide range of products to Match-Trade for MT4/MT5, including the EasyMAM: a money management solution for MetaTrader 5 platform provided by Match-Trade to expand the range of services available to White Label Forex brokers.
"The supplementation of Match-Trader, a competitive alternative trading platform, is an exciting new step. We're glad to help Match-Trader users with making their business strategy more elaborate with Takeprofit Tech plugins," said Diana Peip, the Head of Sales at Takeprofit Tech.
The partnership has been enhanced as the demand for Match-Trader has been growing. Match-Trade Technologies earlier revealed that the sale of Match-Trader grew by 155 percent in 2021. Further, the company acquired over 130 new clients in the year, most of which are MT4 and MT5 white-label brokers. Its average turnover for MT5 brokers doubled and jumped ten times for MT4 brokers.
Last month, Tools for Brokers enhanced its offerings by adding Match-Trade Technologies' white-label platform Match-Trader, making it available to its CFDs brokerage clients.
