Technology provider, Devexperts announced on Thursday that it has delivered a software-as-a-service (SaaS) trading platform, WH SelfInvest-owned Freestoxx, which offers commission-free US-stock trading services.
The delivered trading platform is a white-level version of Devexperts’ flagship multi-asset trading platform, DXtrade.
“We are proud to have partnered with WH SelfInvest to bring next-generation trading tools to one of the preeminent neobrokers in the DACH region,” said Michael Sprachman, Devexperts’ VP of Brokerage Trading Platform.
“As a leader in this space, Freestoxx is raising the bar for trading platforms in the EU while also giving investors unprecedented access to global markets.”
The press release shared with Finance Magnates detailed that the delivered SaaS platform has been equipped with 13 advanced charting tools, multi-monitor support, a widget to automatically log all orders with the ability to leave comments or tags, and several other features.
Enhancing White-Label Services
Meanwhile, Devexperts has been expanding the capabilities of its white-label trading platform. It enhanced liquidity with the integration of Centroid’s services last December and recently added spot cryptocurrency trading functionality.
In addition, the company has inked deals with multiple trading companies including Rostro Group, FYNXT and Solidus Capital over recent months. Moreover, its latest partnership with WH SelfInvest has strengthened its client base in Europe.
WH SelfInvest offers financial services across Europe with offices in Netherlands, Belgium, France, Luxembourg, Switzerland and Germany. It was established in 1998 and is offering US stocks under the Freestoxx brand to investors in Europe.
“Buying US stocks commission-free, with best execution in place and superior user-friendly technology via web and app is a major development for retail investors in Europe,” Dominic Schorle, the Project Manager at WH SelfInvest, said.
