GO Markets taps Currencycloud to enhance cross-border transactions

Rick Steves

The integration of Currencycloud’s APIs introduces real-time FX liquidity to GO Markets’ trading ecosystem. This real-time access to competitive FX rates empowers traders with a competitive edge by enabling them to execute transactions at favorable rates.

GO Markets, a prominent Australia-based and ASIC-regulated Contract for Difference (CFD) broker, has partnered with cross-border payments specialist Currencycloud.

This strategic collaboration aims to enhance client deposits and withdrawals through seamless automation, leveraging real-time, API-driven competitive foreign exchange (FX) rates.

By integrating Currencycloud’s innovative APIs, GO Markets aims to streamline operations, offer a cost-effective service, and open doors to new global trading opportunities for its clientele.

A virtual multi-currency account

Through the integration of Currencycloud’s APIs, GO Markets can facilitate a seamless and cost-effective service, elevating the trading experience for its diverse global clientele. This partnership not only enhances the speed and accuracy of transactions but also provides an avenue for traders to tap into a virtual multi-currency account, expanding their funding and withdrawal options.

One of the standout features of this collaboration is the automated upload of funds enabled by the Currencycloud platform. This automation significantly accelerates and simplifies the reconciliation process, minimizing errors and delays.

With access to a range of local and SWIFT payment rails, GO Markets is well-positioned to offer its clients a convenient and efficient way to manage their trading funds. This collaboration represents a step towards revolutionizing the traditional operational landscape of financial trading.

Real-Time FX Liquidity

The integration of Currencycloud’s APIs introduces real-time FX liquidity to GO Markets’ trading ecosystem. This real-time access to competitive FX rates empowers traders with a competitive edge by enabling them to execute transactions at favorable rates.

Additionally, the availability of such a feature aligns with GO Markets’ commitment to offering a best-in-class trading experience, encompassing the ability to trade across multiple markets with confidence and agility.

Soyeb Rangwala, CFO Director at GO Markets, emphasized the commitment to providing clients with an unparalleled trading experience. The integration with Currencycloud aligns seamlessly with this goal by enabling GO Markets to offer a comprehensive global trading experience. The collaboration positions GO Markets to not only enhance its current offerings but also explore new markets, currencies, and products in the future.

Nick Briscoe, Country Manager, Australia, Currencycloud, expressed enthusiasm about the partnership’s potential. This collaboration sets the stage for GO Markets to broaden its horizons and explore uncharted territories. With Currencycloud’s support, GO Markets can unlock new markets and currencies, fostering expansion and growth within the trading landscape.

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