PROFTIT Rolls Out New System Upgrades, Offering Built-in MT4 Integration

PROFTIT, a SaaS solutions provider for foreign exchange (FX) and contracts-for-difference (CFDs) brokers, has unveiled a new version of its system, which focuses on improved compatibility with MetaTrader 4 (MT4) MetaTrader 4 (MT4) MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists Read this Term). The built-in integration with MT4 and latest updates will help streamline a wide range of new functions for brokerages.

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The cloud-based business automation solution is rolling out several upgrades and features across its interface. The main point of emphasis will be the stronger assimilation with MT4, the most widely used FX 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 on the market today. Due to the integration, brokers will be able perform many tasks that were previously confined to the MT4 Manager.

This includes funding client accounts, bonus management, viewing withdrawal requests and full transparency and visibility into a given client's trading history. PROFTIT is aiming to shore up user experience for brokers with its newest updates, which is the result of market demand and feedback from existing clients. The newly enhanced business automation solution will also aim to simplify these functions for FX brokers, along with providers of CFDs and binary options.

Newly upgraded API

The efforts are part of a concerted effort by PROFTIT to help streamline brokers' setup operations. In addition to these enhancements and MT4 connectivity, the group will also be deploying added features to its PROFTIT RESTful API. This API will enable PROFTIT to tap directly into a selection of business applications and service providers – this includes payment clearing management to VOIP platforms, affiliate systems, and others.

Koby Avitan, Chief Operating Officer for PROFTIT, commented: “MT4 is clearly the trading platform of choice for the majority of forex brokers, so it made sense for us to put a large amount of emphasis into integrating with MT4. Our dev teams are constantly extending our offering based on feedback from clients and there was an overwhelming demand for these types of integrations and functionality to be available from within the PROFTIT console.”

“As PROFTIT continues to evolve, we will continue to add more and more features, functionality and integration into other platforms and solutions,” he added.