BlackBull Markets launches trading platform powered by DXtrade
New Zealand-based FX and CFDs broker, BlackBull Markets has rolled out a new trading platform powered by Devexperts’ multi-asset trading solution, DXtrade.
Dubbed ‘BlackBull Trade,’ the platform provides the company’s customers with access to margin trading of Forex, cryptocurrency and CFDs on stocks, indices, energies, and commodities.
Devexperts offers DXtrade as a SaaS (Software-as-a-Service) product, specifically designed for the retail FX and CFD industry. The 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.
As part of its partnership with Devexperts, BlackBull Markets has integrated with the vendor’s API which allows its clients to directly trade on TradingView using their BlackBull Trade account. The broker has recently extended its partnership with the professional charting and trading platform to include free access to the premium package, TradingView Pro.
BlackBull Trade users can trade on web and mobile applications to take advantage of its versatility, including tools for price analysis, trading robots, expert advisors, and copy trading. The platform has been designed with user-friendliness in mind, and features extensive risk management capabilities, as well as an advanced charting package.
Michael Walker, Managing Director at BlackBull Market said: “With BlackBull Trade we are going to offer our clients a new level of user experience, which they can hardly find with any other broker.”
Jon Light, Devexperts Director of the OTC Platform commented: “Our trading platform can serve clients all over the world, it is in line with all regulations and takes into account different trading styles. We hope BlackBull clients will appreciate everything this new platform can offer and will truly enjoy their trading experience.”
DXtrade launched in May 2020 and managed within such a short period to onboard major names onto the trading platform as liquidity providers. The white-labeled solution offers 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 or segment their traders.
Brokers are also able to determine everything related to 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. These 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.