EXINITI launches technology solutions for FX and CFD brokers

Rick Steves

EXINITI was founded at the end of 2020 by Mohamed Rashad, most recently Head of IT at FXGate.

EXINITI is the latest financial technology provider to enter the FX industry with an FX and CFD offering for brokerages, according to its press release.

Headquartered in the UAE, the firm caters to both start-ups and established businesses that need to streamline solutions to run more effectively.

Its core offering includes a CRM package, back-office support systems, client/IB portal solutions, MT5/4 white label solutions, and support with customizable website integration and development.

Its fully customizable CRM has built-in Business intelligence and reporting tools that enable firms to manage their brokerage from any device. The CRM software provides workflow automation with custom rules as well as sales force automation.

The bespoke package includes additional assistance, such as web development for a strong online presence as well as hosting via dedicated servers to minimize the risk of downtime. The fintech firm also provides integration with the most popular payment methods and other popular third parties.

Mohamed Rashad, CEO and founder of EXINITI, said: “EXINITI was founded because there was a gap in the market in terms of technology related advancements and support for financial services. EXINITI provides everything a Forex and CFD brokerage requires to get set up correctly from day one. We have also perfected the solutions needed to run a brokerages day-to-day operations smoothly and in the most efficient and scalable way possible.”

EXINITI was founded at the end of 2020 by Mohamed Rashad, most recently Head of IT at FXGate, based in Dubai. His career spans 11 years in Information Systems management and includes roles at leading trading firms such as Multibank Group (CTO), Equiti Group (regional head of IT), AxiTrader ME (Head of IT), and Alpari ME (Head of IT).

Read this next

blockdag

Best Crypto to Buy: BlockDAG Presale Hits $20.1M Following Moon-Shot Keynote Teaser as Dogecoin & Shiba Inu Prices Plummet

This landmark achievement sets it apart in the cryptocurrency landscape, where traditional favorites like Dogecoin and Shiba Inu are witnessing a price decline.

Digital Assets

El Salvador refutes rumors of Bitcoin wallet hack

Chivo Wallet, El Salvador’s official cryptocurrency wallet, has dismissed reports of a hack involving its software source code and the data of over 5 million users associated with its KYC (Know Your Customer) procedures.

Digital Assets

MetaMask developer sues SEC over regulatory overreach

Ethereum ecosystem developer Consensys Software has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the agency’s regulatory actions concerning Ethereum and its related services.

Institutional FX

Tradeweb pulls in $408.7 million in Q1 revenue amid record trading volumes

Tradeweb Markets Inc. (NASDAQ: TW) has just announced its financial results for the first quarter of 2024, which showed a robust performance for the three months through March.

Institutional FX

BGC Group valued at $667 million following investment by major banks

BGC Group announced that its exchange platform, FMX Futures, is now valued at $667 million after receiving investments from a notable consortium of financial institutions.

blockdag

Transforming a Bankrupt Investor into a Cryptocurrency Giant; Can BlockDAG Replicate Ethereum’s Meteoric Rise With 30,000x Predictions?

The realm of cryptocurrency investing presents a thrilling blend of challenges and opportunities. The legendary gains by early Ethereum investors serve as a powerful lure for those seeking the next major breakthrough.

Digital Assets

SEC delays decision on spot bitcoin options ETFs

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to authorize options trading on spot bitcoin ETFs, extending the review period by an additional 45 days. The new deadline for the SEC’s decision is now set for May 29, 2024.

Market News, Tech and Fundamental, Technical Analysis

Solana Technical Analysis Report 25 April, 2024

Solana cryptocurrency can be expected to fall further toward the next support level 130.00, target price for the completion of the active impulse wave (i).

Digital Assets

Morgan Stanley to sell bitcoin ETFs to clients

Morgan Stanley may soon allow its 15,000 brokers to recommend bitcoin ETFs to their clients, as reported by AdvisorHub.

<