Devexperts' Devexa Available to Brokers Through cTrader

Devexa, a multi-language digital trading assistant and chatbot, is now available for brokers using the cTrader platform to offer as a white-label for their clients, the company announced earlier this week.

Created by Devexperts, a provider of financial software and services for brokerages, Devexa is an automated solution that provides on the go market information, such as interactive charts, news, and stock fundamentals. Traders can access the assistant via mobile messengers and smart speakers.

Through the cTrader platform, brokers can provide their customers with another way to access information from their trading accounts. In particular, through a messenger of their choice.

Devexa is integrated with MetaTrader

Currently, Devexa is integrated with dxTrade, the MetaTrader 4 and 5 platforms, and is available for use via Facebook Messenger, Telegram, Viber, Google Assistant, and Yandex Alice.

According to the statement released this week, the chatbot can be white-labeled or fully customized for brokers. It has a set of APIs for connection with a broker's ecosystem, including the back office, CRM, support systems, third party news, signals, or content providers.

Commenting on the announcement, Evgeny Sorokin, SVP of Software Engineering at Devexperts, said: “We continue to add more informational services and platforms to the list of Devexa’s integrations. Spotware Connect API provides an easy way to access trading accounts. Devexa makes it easy to trade on the go in messengers.”

The main purpose of Devexa is to help brokers extend their trading platforms to client messengers, provide an alternative path for onboarding and Know Your Customer (KYC) Know Your Customer (KYC) Know Your Customer (KYC) is the process via which the broker is verifying the true identity of its clients in order to comply with multiple regulations. KYC is used to assess the suitability of customers when it comes to anti-money laundering regulations, any type of financial fraud and determining whether they are potentially risky for the brokerage.In particular, KYC guidelines in financial services mandate that individuals make a cohesive effort to verify the identity, suitability, and risks Know Your Customer (KYC) is the process via which the broker is verifying the true identity of its clients in order to comply with multiple regulations. KYC is used to assess the suitability of customers when it comes to anti-money laundering regulations, any type of financial fraud and determining whether they are potentially risky for the brokerage.In particular, KYC guidelines in financial services mandate that individuals make a cohesive effort to verify the identity, suitability, and risks Read this Term), and provide a front line of customer support.

“The addition of cTrader was a natural progression after we recently added MT4/5. We envision Devexa being a product that can support all brokers and their clients regardless of their Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term,” added Conor O’Driscoll, VP of OTC Platforms at Devexperts.