Fortex wins Multi-Asset Trading Platform of the Year at FinanceFeeds Awards 2023
Fortex Technologies, a prominent US-based company with an innovative DNA, has been recognized as the “Multi-Asset Trading Platform of the Year” at the prestigious FinanceFeeds Awards 2023. This accolade is a testament to the undeniable impact that the Fortex platform has had on the trading landscape, solidifying its position as a leader in the financial technology space.
At the core of Fortex’s success lies its cutting-edge XForce ECN trading platform, which serves as a one-stop trading solution for a diverse range of market participants. The platform encompasses various essential complionents, including trading platform frontends, a bridge to connect various market participants, an aggregator to streamline access to multiple liquidity sources, hosting capabilities for seamless performance, and robust risk management features.
Fortex caters to a diverse clientele, including regional banks, liquidity providers, hedge funds, asset managers, broker-dealers, and professional traders worldwide. Its open and liquidity-agnostic approach ensures an inclusive platform that accommodates various asset classes and market conditions.
Fortex’s XForce covers FX, equities, and Digital Assets
Fortex’s XForce ECN trading platform is at the core of its success. Focused on the FX, equities, and digital assets markets, XForce boasts unparalleled versatility and efficiency. Its sophisticated, yet easy-to-use tools empower traders with the ability to access enhanced liquidity, optimize execution workflows, and employ sophisticated trading strategies.
Competing against other renowned trading platforms, Fortex’s XForce emerged victorious due to its exceptional performance, innovative features, and dedication to customer satisfaction.
The recognition at the FinanceFeeds Awards 2023 serves as a clear indication that Fortex Technologies is not just another trading platform; it is an industry-leading force to be reckoned with. By earning the trust and confidence of traders and financial institutions alike, Fortex has firmly established itself as a true market leader.
Daniel Chen, Co-Founder & CEO at Fortex, said: “Receiving this prestigious award is a testament to our unwavering commitment to innovation and excellence. With vast years of experience, we have continuously empowered financial institutions and traders worldwide, fuelling our drive to shape the future of trading. This recognition reinforces our dedication to pushing the boundaries and sets the stage for even greater accomplishments on our journey ahead.”
A deeper look into Fortex’s XForce platform
Fortex’s XForce ECN platform stands as a well-rounded and comprehensive solution for financial institutions, combining a multitude of essential features to cater to institutional traders’ needs.
- Liquidity Aggregator: XForce brings together liquidity from various sources, creating a deep pool of liquidity accessible to traders on the platform. This ensures competitive pricing and improved execution for trades, contributing to a more efficient trading experience.
- Bridge Provider: XForce seamlessly connects traders to multiple liquidity providers and market participants. This direct connection streamlines trade execution, reduces latency, and enhances overall trading performance.
- Multiple trading frontends: Institutional traders benefit from the sophisticated Institutional Desktop Terminal, with advanced charting and real-time data. The WebTrader platform provides an intuitive web-based solution for convenient access without downloads, while the MobileTrader app empowers traders on the go. XForce’s diverse frontends make it a versatile and well-rounded solution for traders and institutions alike.
- Managed Hosting: Fortex’s XForce ECN platform is hosted in top-tier managed facilities, including Equinix NY4, HK1, and LD4. With premium IT infrastructure, global network, and proxies, the platform ensures secure and low latency, granting a competitive advantage in the financial markets.
- Risk Management, Dealing and Backoffice: Furthermore, Fortex’s XForce ECN platform offers a comprehensive backoffice management suite and dealing system. This centralized hub enables efficient trade monitoring with real-time reporting, risk management tools, compliance monitoring, and seamless trade execution. The suite equips financial institutions with the necessary insights and tools to optimize trading operations and enhance overall efficiency.
Broker-dealers benefit from a range of functions, including CRM and KYC modules, IB portals, fund manager PAMM, reporting tools, liquidity sourcing, clearing and settlement technology, and risk and order management capabilities. The platform also facilitates MT4/5 bridging for seamless connectivity to the popular MetaTrader platforms.
An open platform philosophy sets Fortex apart, allowing brokers to tailor and build their own business workflows using Fortex APIs. This customization empowers brokers to provide unique services and experiences for their end-users, IBs, and administrators, further enhancing customer satisfaction and loyalty.
With years of successful operations in the fintech space and headquartered in the U.S Silicon Valley, Fortex is a trusted partner for banks, liquidity providers, and brokers worldwide. Fortex’s neutrality and independence from liquidity providers assure clients of unbiased and transparent services, while its global hosting at Equinix data centers ensures low-latency and high-performance trading environments.
As a leading multi-asset solution, Fortex’s XForce ECN platform has cemented its position as an industry trailblazer, and the “Multi-Asset Trading Platform of the Year” award is a testament to its unwavering commitment to excellence.
With its continuous dedication to innovation and customer satisfaction, Fortex is set to redefine the future of online trading and financial services. Whether for seasoned institutional traders or aspiring retail investors, Fortex’s XForce ECN platform offers a gateway to success in the dynamic world of multi-asset trading.