Devexperts Revamps DXtrade Platform with New Features and Widgets

Devexperts has publicly revealed its improved multi-asset trading platform DXtrade, which was recently launched as a SaaS (Software-as-a-Service) product, specifically designed for the retail FX and CFD industry.

The global financial software provider has expanded the platform features to provide both broker clients and traders with a revamped web UX/UI, new functionality for subscription management, ex-dividends, and cash movements, among many others.

DXtrade launched in May 2020 and managed within such a short period to onboard major names onto the trading platform as Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providers.

The new updates offer brokers’ dealers and administrators many of the benefits available from existing bespoke platforms, but with the efficiency of a customizable backend to help set up Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term or segment their traders. Brokers are now able to determine everything from the layout and set-up, including the back-end configurations and user interface. They also benefit from ex-dividends and cash movements widgets alongside management of subscription to 3rd-party services.

The new built-in tools add a higher degree of automation and customisation to allow brokers to enhance the user experience, improve both client acquisition and retention, as well as create custom offerings for multiple client segments.

For traders, the platform features useful widgets such as Trading Journal or Dashboard that visualize performance. In addition, the second update rolls out the following add-ons:

1. Improved UX/UI in the web platform for adding widgets and auto-resize columns
2. Small improvements of the Economic Calendar
3. Filter by asset class in table filters
4. Watchlist UI improvements (improved buy/sell buttons)
5. Gross Net P&L in Trades/Order history
6. Open Live account and EULA link

“The next update will be devoted to the DXtrade mobile application. The final testing stage is now almost complete. Devexperts has given their mobile app a total redo that contains the most sought-after features,” Devexperts added.

Devexperts specializes in the development of tailored software solutions for retail and institutional brokers, exchanges, and wealth management firms. Devexperts are the developers of many financial applications and platforms including Thinkorswim, which is geared for self-directed stock, options, and futures traders. TD Ameritrade purchased this platform in 2009 in a $606 million deal that established the company in the fast-growing area of options and futures trading.