Match-Trade expands partnership with Takeprofit Tech

abdelaziz Fathi

California-based FX technology provider Match-Trade Technologies has expanded its partnership with fintech software developer Takeprofit Tech.

Match-Trade

The new collaboration is introducing Takeprofit’s ready-made and custom solutions developed, liquidity management, risk control, client attraction and bonus tools for Match-Trade’s forex brokers.

Takeprofit has been providing forex brokers and liquidity providers with software for nearly a decade. Their multiple solutions process $200 billion monthly. On the crypto front, the hub already supports five major exchanges: Binance, Bitfinex, OkCoin, Kraken, Alpaca.

The partnership involves a Takeprofit’s MetaTrader 4/5 plugin called ‘Dynamic Leverage with a Schedule,’ which facilitates leverage adjustment based on equity or balance of the trader according to a schedule set by a broker. This presents dynamic leverage scheduling that enables forex brokers to configure and manage margin and leverage levels for all traders.

The schedule is also customizable to the extent of setting specific leverage for any trading account based on its exposure or volume of open positions. Additionally, it allows brokers to offer a wider range of leverage, with an option of adjustment in case of news-based volatility in the market. Thus, the solution reduces the risks for brokers while safeguarding their clients against being in the red. Settings can be changed at any moment and they will be applied in real time.

Chris Dankowski, Chief Business Development Officer of Match-Trade Technologies, commented on the partnership: “From the beginning, we assumed that Match-Trader would be an open ecosystem. We aimed for our platform to be easily adapted to other tools available on the market so that each client could create a complete trading ecosystem based on their current setup. Cause that’s what matters the most for customers interested in Match-Trader server licenses.”

Match-Trader helps forex brokers build a strong brand

Diana Peip, the Head of Sales at Takeprofit Tech, elaborated: “The supplementation of Match-Trader, a competitive alternative trading platform, is an exciting new step. We’re glad to help Match-Trader users with making their business strategy more elaborate with Takeprofit Tech plugins.”

Match-Trade’s portfolio also includes a cryptocurrency solution for FX brokers and crypto exchanges, and the company says it has become one of its most sought-after solutions. The platform provides flexible reporting tools in real-time and ad-hoc reports creation that can be easily viewed from an interactive web interface.

In addition, the company offers a matching engine technology and completed several new integrations with external systems, including OneZero, PrimeXM, Fortex and Fair Trading Technology (FTT).

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