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 offering turnkey solutions to brokers.
On Thursday, the press release shared with Finance Magnates detailed that Tools for Brokers will offer MTR white labels 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.
