Match-Trade Technologies closes the year with an unprecedented growth level

FinanceFeeds Editorial Team

The first year of the global pandemic from the beginning looked like it was going to be an exceptionally profitable year for the forex industry.

Many retail brokers already in the second quarter achieved results similar to their forecasts for the entire year. But can the revenues, pumped up by the covid turmoil, be sustained for longer?

Match-Trade Technologies has summarized the results for 2021, and it turns out that the company has improved the phenomenal results of 2020, maintaining a similar pace of growth.

“We are no longer the same company we were two years ago. We have now over 100 employees onboard, and we’re opening new offices around the world, the last one being in Limassol, Cyprus. We work in a close relationship with a CySEC regulated liquidity provider. Them using our institutional platform to operate made us strategic partners. Thanks to this, we can offer our clients preferential conditions in case of adding new instruments or creating synthetic ones on broker’s demand,” said Michael Karczewski, the COO at Match-Trade Technologies and co-founder of Match-Prime Liquidity.

Last year, the company did not give up any opportunity to meet industry people in person by attending all major expos in Dubai, Cyprus and London. Which resulted, among other things, in repeating the phenomenal result of over 130 new clients acquired. Over half of them are MT4/MT5 White Label Brokers, which resembles the 2020 result, though with 2,5 times more real accounts and average turnover doubling for MT5 Brokers and growing ten times for MT4’ers. The more MTT’s team is proud of the sales results of their proprietary trading platform – Match-Trader, which in the second year on the market improved the sales result by 155%. In 2021, another 31 forex brokers started using one of the market’s most modern trading platforms – Match-Trader White Label. And the number of real accounts have reached 44k, increasing six times compared to the previous year. 

“We are especially proud of the platform development. Our team worked really hard the whole year to make it the best trading solution for both brokers and traders. After releasing hundreds of new features and addons – some small, some introducing major changes – we managed to obtain the point where I’m confident to say Match-Trader meets all the needs of large retail brokers and can freely compete with such giants as MetaTrader, c-Trader or DXtrade” added Chris Dankowski, Match-Trade’s Chief Development Officer. 

Apart from expanding the offering with easy access to liquidity for regulated Brokers, the company has also massively expanded its CRM for forex brokers. The goal was to help clients improve sales management and customer service by automating specific processes.   

This was achieved by adding features like Google Vision AI for KYC or enabling voice communication through the Squaretalk VoIP system. To help increase trading efficiency, Match-Trade has also introduced a social trading app. Easy access from Client Office allows traders to use the same account for trading in Match-Trader, streamlining the flow and thus increasing their overall business efficiency. 

No wonder, after a busy year full of advanced developments, the company exceeded its pandemic fueled results, noting an increase in revenues by 150% compared to 2020.

“We want to set market trends and bring new quality to the table. That’s why we’re still polishing the Match-Trader platform and enhancing our CRM for FX brokers to offer the quality of professional sales systems. I can only say that last year we nearly doubled the company’s size so I can assure you’ll see significant changes this year” – Karczewski ended.

If you’re interested in meeting the Match-Trade and Match-Prime teams, the soonest possibility will be at the iFX Expo in Dubai, 22-24 February.


Read this next

Executive Moves

Lirunex Limited recruits Waleed Salah as head of MENA sales

Maldives-based brokerage firm Lirunex Limited has secured the services of Waleed Salah, who joined the company in the role of its head of sales for the MENA region.

Executive Moves

Trading 212 parts ways with co-founder Borislav Nedialkov

Trading 212 has a void to fill at its FCA-regulated business in London, following the departure of two key players, Raj Somal and Borislav Nedialkov.

Digital Assets

Binance acquires troubled crypto exchange GOPAX

Binance, the world’s largest digital asset trading platform, has reportedly acquired a majority stake in the troubled South Korea-based cryptocurrency exchange GOPAX.

Digital Assets

Kraken exits Middle East, closes UAE office

Digital currency exchange Kraken will close down its operations in Abu Dhabi, UAE and lay off the majority of its team focused on the Middle East and North Africa.

Industry News

CFTC comments on ION Cleared Derivatives issues after Russian-linked hack

“The ongoing issue is impacting some clearing members’ ability to provide the CFTC with timely and accurate data. As this incident unfolded, it became clear that the submission of data that is required by registrants will be delayed until the trading issues are resolved.”

Industry News

FCA took down 14 times more misleading ads in 2022 thanks to technology

The FCA has made significant improvements to the digital tools it uses to find problem firms and misleading adverts. These improvements have enabled it to work through a much larger number of cases compared with 2021.

Executive Moves

HKEX appoints ex-Goldman Sachs Matthew Cheong to lead platform’s focus on derivatives

“He has worked for a number of the world’s leading investment banks and his experience will be invaluable to HKEX as we continue to enhance our derivatives product offerings and build on our innovative and robust platform business, connecting capital with opportunities.”

Digital Assets

Zodia Custody and SBI Digital Asset Holdings launch JV for crypto asset custodian in Japan

“Zodia Custody is both proud and excited to be working with SBI DAH to help set up SBI Zodia Custody; the first tier 1 crypto asset custodian for institutions in Japan.”

Digital Assets

Paxos opens R&D center in Israel to focus on transaction signing and crypto custody security

“Paxos is looking to expand its team in Israel in 2023 and beyond, giving engineers the opportunity to work on cutting-edge financial products and shape the future of the global economy.”