FYNXT Integrates Devexperts’ DXtrade to Enhance Offerings

FYNXT (formerly Simple2Trade) announced on Friday that it has strengthened the offerings to its Client Manager and IB Manager with the integration of DXtrade, the trading platform developed and licensed by Devexperts.

Based in Singapore, FYNXT offers vertically integrated digital platforms that are available in both SaaS and licensed formats. Its primary clients are financial service providers, including forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFDs brokers, global remittance providers and banks, along with other firms.

This integration will enable the forex and CFDs brokers already licensing FYNXT’s solutions to access DXtrade services within the platform. It will allow the company to offer a turnkey solution to its clients.

“We are delighted to add DXtrade as a platform provider into our Client Manager and IB Manager portal,” said Aeby Samuel, the Chief Executive Officer at FYNXT.

“Our partnership with Devexperts provides us with an additional Multi-Asset Trading platform that packs liquidity aggregation, order and risk management, FIX API, hosting and multiple trading GUI into one valued cloud-native offering. We look forward to offering our clients the opportunity to integrate with DXtrade as 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 of choice.”

Meeting the Industry's Technology Demand

Devexperts is a technology provider in the trading industry. Its products range from trading platforms to risk management solutions. Recently, the company enhanced its offerings with DXTrade with the addition of several features.

Jon Light, VP of Trading Solutions at Devexperts, said: “DXtrade is ideal for those brokers who want to focus on their marketing and dealing operations without spending time on selecting and integrating 3rd-party add-ons to their trading servers. We’ve done this job for them and offer client and IB management out-of-the-box powered by FYNXT.”