Tools for Brokers Enhances White Label Offering by Adding Match-Trader

Tools for Brokers has enhanced its offerings to forex and contracts for differences (CFDs) brokers with the addition of the white-label platform Match-Trader (MTR), which Match-Trade Technologies developed.

Tools for Brokers is a trading industry technology provider Technology Provider A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro A technology provider is an individual, company, or entity that creates, render services and sells software applications or hardware. Currently, there are four types of tech providers which are as followed:Software-as-a-Service (SaaS) – Functioning as a subscription-based licensing and delivery model, SaaS is centrally hosted and may also be referred to as on-demand software. Tech Hardware – Powerful tech providers such as Apple, Oculus Rift, FitBit, and Samsung are examples of tech hardware pro Read this Term offering turnkey solutions to brokers.

On Thursday, the press release shared with Finance Magnates detailed that Tools for Brokers will offer MTR white labels White Labels White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buye White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buye Read this Term alongside its proprietary solution. The move came with a growing demand among brokers to diversify their offered trading platforms.

“We always try to be one step ahead of the market trends and offer the most outstanding solutions to target the specific needs of our clients,” said Tools for Brokers’ CEO, Alexey Kutsenko.

“Multiplatform support was an upcoming trend for a while now, with many clients looking for additional platforms to gain more flexibility with their offering. The addition of the Match-Trader server to our portfolio will strengthen our ecosystem and help continue bringing excellent service to our clients.”

Growing Interest in White Labels

Match-Trade Technologies launched Match-Trader in late 2019 as a stand-alone trading system with its own backend infrastructure. It is also designed to work in the MetaTrader 4/5 environment.

The company revealed earlier 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.

“We are currently seeing a lot of interest in alternative solutions to legacy platforms like MT4/5, and Match-Trader is one of them,” said Michał Karczewski, CEO of Match-Trade Technologies. “I believe this partnership with TFB will bring new quality to the market of White Label solutions for brokers. We are proud to have a global technology provider like Tools for Brokers trusting our technology and offering our platform to their clients.”

Meanwhile, MetaQuotes has tightened its MetaTrader white label policy following the company's troubles with shady offshore brokers. Technology giant Apple also delisted two MetaTrader apps from the App Store, reportedly for the use of those platforms by fraudsters.