Devexperts announced today (Tuesday) the cross-integration between its trading platform DXtrade and BizCuits, a vendor providing trading and risk management tools, IT, customer service, payments processing, and marketing solutions for the forex and CFD industry. The combined solution will be available from one source via a plug-and-play model for rapid integration.
A Strategic Partnership between Tech Providers
The partnership will allow the two platforms to combine their expertise to provide a turnkey offering for prop trading firms and CFD brokers. The announcement detailed that the partnership will expand prop and customer support integrations.
“The team at BizCuits have been working with a number of the DXtrade clients over the past few years,” said Jon Light, the Head of OTC platforms at Devexperts.
“They have a unique service and take on a very important aspect of running a broker or prop firm. We see firms want to get up and running quicker than ever, now new clients that take up both offerings can get their platform faster and be sure their risk is managed professionally.”
Streamlining Offerings to Prop Firms
DXtrade is the trading platform that Devexperts licenses to brokers and prop trading firms. The latest partnership with BizCuits occurred when the demand for trading platforms and other ancillary services from the prop trading industry skyrocketed.
Following the alleged crackdown on the prop trading industry by MetaQuotes, the developer of MetaTrader platforms, the demand for DXtrade increased dramatically. Earlier, the company revealed to Finance Magnates that it signed and launched a dozen prop firms with its trading platform in merely five business days.
The official announcement highlighted that the latest integration will benefit brokers and their clients with enhanced services like live chat and a chatbot, knowledge base, AML monitoring, KYC, marketing and advertising, payments processing, CRM, and prop trading.
“Our objective is simple: to provide the tools to brand owners, offering them the talent and operational capacity necessary to take care of day-to-day operations so they can focus on growth,” said the CEO of BizCuits, Tristan Agius. “Working hand in hand with our partners, we seek to encourage a relationship of equal and equitable partners while we grow their businesses.”