FXCM Pro partners with Your Bourse to distribute liquidity for FX/CFD brokers

Rick Steves

“Our clients will now be able to connect to FXCM via Your Bourse’s FIX API server or connect their MT4 or MT5 directly using Your Bourse’s MT4 Bridge or MT5 Gateway”

FXCM Pro, the institutional arm of FX and CFD broker FXCM, has partnered with Your Bourse to provide ultra-low latency execution.

Your Bourse is a leading software solutions provider for retail and institutional MT4/MT5 brokers and its flagship product, Matching Engine, will enable FXCM and FXCM Pro clients to benefit from an order processing time of two microseconds per order and will be able to create a new FIX session in less than 20 seconds.

FXCM Pro caters to retail brokers, small hedge funds, and emerging market banks

FXCM Pro provides retail brokers, small hedge funds, and emerging market banks access to wholesale execution and liquidity while providing high and medium-frequency funds access to prime brokerage services via FXCM Prime.

Your Bourse offers an MT5 gateway and MT4 bridge, multi-asset liquidity aggregation, risk management, client profiling, real-time and historical reporting, and MT4/MT5 hosting in all Equinix data centers with 99.999% SLA, as well as plug-ins for MT4 and MT5 and FIX API connections for B2B clients.

FXCM Pro will leverage its expertise in financial instruments such as transferable securities and financial contracts for differences, and distribute institutional liquidity directly to Your Bourse clients via the Your Bourse Platform.

The partnership will provide users with the flexibility of changing trade conditions as well as the ease of sorting through the incoming/outgoing FIX messages, combined with liquidity from FXCM PRO, fully integrated within the Your Bourse platform.

Connect to FXCM via Your Bourse’s FIX API server or MT4 or MT5 directly

Mario Sanchez, Managing Director and Global Head of FXCM Pro Sales, said: “We are committed to working with the best firms to provide clients with the features and tools they need to succeed. Our clients will now be able to connect to FXCM via Your Bourse’s FIX API server or connect their MT4 or MT5 directly using Your Bourse’s MT4 Bridge or MT5 Gateway. By combining our deep liquidity with Your Bourse’s speed and flexibility, we are able to offer an even more comprehensive range of services to our customers.”

Elina Pedersen, CRO of Your Bourse, commented: “Our partnership with FXCM represents a significant advancement for Your Bourse and our clients, reflecting our commitment to delivering exceptional services. Serving as a trusted provider to FXCM Pro is a privilege we sincerely appreciate. By leveraging the extensive functionality offered by Your Bourse, FXCM Pro will greatly enhance the provision of direct liquidity to its clients, solidifying our commitment to delivering top-tier services in the financial industry.”

Your Bourse added floating leverage and floating commissions

Earlier this year, Your Bourse introduced two new features to its execution engine and risk management platform: floating leverage and floating commissions.

Floating leverage is a mechanism that brokers can use to adapt the amount of margin offered to their clients based on specific trade conditions. The risk management tool aims to minimize risks deriving from high volume trading since the dynamic leverage is based on varying factors. An essential component of the plugin allows brokers to preconfigure the leverage ratio before market close/open and around the news releases that are likely to increase volatility and price spikes.

Floating commissions are accessible on the MT4 bridge and give brokers the ability to adjust their commission rates on a trade-by-trade or client-by-client basis in real-time. With growing market complexity, the need to configure commissions has become prominent at both retail and institutional brokers, depending on their business model.

Your Bourse has been actively expanding the liquidity options available through its Liquidity Hub. Its network counts a number of prominent liquidity providers such as CFH Clearing and FXCM Pro and Scope Markets, to name a few.

In 2022, the technology vendor opened a new office in Limassol, Cyprus, a major global hub for forex and brokerage companies in Europe, as well as a business gateway to access Asia, Europe, the Middle East, and Africa.

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