True Forex Funds now offers Match-Trader and cTrader platforms

abdelaziz Fathi

Proprietary trading firm True Forex Funds today announced the launch of Match-Trader, a multi-asset trading platform developed by California-based FX technology provider Match-Trade Technologies.

True Forex Funds

True Forex Funds said Match-Trader, which is introduced as a secondary trading platform, is now available in select countries including Germany, Austria, Sweden, and Hungary.

Match-Trade’s flat competitive fee structure enables forex brokers to manage and predict their technology costs. The company’s offering caters to various brokers’ needs ranging from hosting services and MT white label solutions, data feed, to bridge and aggregation technology and risk management system for A Book and B Book brokers.


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.

True Forex Funds celebrated in February that its business is finally “back in the game” after it switched its trading accounts to the cTrader platform.

The move came more than two weeks after the firm announced a “temporary halt” to its services in the wake of MetaQuotes, the developer of the widely-used trading platforms MT4 and MT5, terminating True Forex Funds’ licenses.

Richard Nagy, CEO of True Forex Funds, explained earlier that the license termination by MetaQuotes stemmed from True Forex Funds’ use of a third-party provider for equity synchronization. The provider, whose services have been used since 2021, is alleged to have connected to MetaTrader’s client terminal in a manner not fully acceptable by MetaQuotes.

Nagy expressed frustration over the abruptness of MetaQuotes’ decision, noting the absence of prior warnings or opportunities to replace the third-party provider. He highlighted the challenge of investigating a partner or supplier’s source code for legitimacy, which seems to be at the heart of MetaQuotes’ dispute.

True Forex Funds said it was actively seeking to convince MetaQuotes to reinstate its licenses. However, the company ultimately migrated trading accounts to different technology providers as these efforts apparently failed.

Read this next

blockdag

Top Crypto Millionaire Picks: ETH, SOL, BLP

The market is buzzing with the arrival of a new bull run, and savvy investors are closely watching certain cryptocurrencies that show promise for substantial returns.

blockdag

Influencer Examines BlockDAG Advances as Presale Hits $27.7M Amid Updates on Solana Transaction Fees and Injective (INJ) Price

Discover what famous YouTube influencer CryptoDexWorld has to say about BlockDAG’s presale performance and mining capabilities. More on Solana Transaction Fees and Injective (INJ) Price Updates.

blockdag

Discover the Best Altcoins to Buy: Exploring Near Protocol, Cardano, and BlockDAG’s 30,000x Potential

Explore top altcoins like Near Protocol, and Cardano, and discover BlockDAG’s massive potential. Join us!

blockdag

Crypto Influencer Crypto Rick Endorses BlockDAG Amid $27.7M Presale Success; TRON Price & BCH See Surge

Crypto Rick endorses BlockDAG, boosting its $27.7M presale amid TRON and Bitcoin Cash surges. Explore why BlockDAG is a top crypto investment.

blockdag

These Altcoins Have The Potential To Make You a Millionaire in 2024

The crypto market is witnessing a surge, and certain alternate coins are catching attention for their rapid growth.

Digital Assets

Point72 invests $77.5 million in Bitcoin, Morgan Stanley holds $269.9 million

Point72, the $34 billion hedge fund owned by billionaire and New York Mets owner Steven Cohen, held $77.5 million in the Fidelity Wise Origin Bitcoin Fund (FBTC) at the end of the first quarter, according to a recent filing.

Digital Assets

Binance claims Nigerian officials sought $150 million bribe

A Nigerian court has ruled that Tigran Gambaryan, a Binance executive detained on charges of tax evasion and money laundering, can stand trial on behalf of the world’s largest cryptocurrency exchange.

Digital Assets

Kraken reviews Tether listing in Europe ahead of MiCA adoption

Cryptocurrency exchange Kraken is “actively reviewing” whether to delist the stablecoin Tether (USDT) from its European platform, according to a report by Bloomberg.

blockdag

Discover How MoonBag Coin Presale Stacks Up Against Dogecoin & Litecoin

Discover how the MoonBag Coin presale compares to Dogecoin and Litecoin, with unique features, a robust presale structure, and new opportunities in 2024.

<