Options Trading Software
for Prop Firms
Launch prop trading on US options markets with DXtrade, our out-of-the-box options trading platform for prop firms. DXtrade brings professional options day trading to your clients with instrument-specific tools for both trading and risk management.
Tools for options
traders
DXtrade’s options UI gives your clients the tools to analyze markets, build strategies, and enter positions.
Option chain
View option chains with all available strikes and expirations for a given underlying.
What-if tool
Estimate potential profit and loss for live and simulated strategies before sending orders.
Trading strategy presets
Select from a list of popular options strategies, including straddles and butterfly spreads.
Complex options
Execute multi-leg options strategies involving two or more contracts.
Emergency order cancellation
The Flatten All feature lets traders cancel all working orders and close all open positions in selected accounts with a single click, automatically detecting options strategies and closing them via appropriate multi-leg orders.
Trading panel on the chart
The Trade Bar is a chart-embedded trading panel that lets users set and reuse order parameters, attach Take Profit and Stop Loss orders, and use quick Flatten and Cancel actions without leaving the chart.
Built-in risk controls for prop firms
Configure and enforce day-trading criteria using options-specific risk management tools for prop firms, including allowed instruments, position, exposure, and loss limits.
Real-time risk monitor
- Use DXtrade’s administrative UI to fine-tune your firm’s trading rules, monitor accounts in real time, and trigger alerts and automated actions when predefined exposure or loss limits are breached.
Day trading monitoring
- Brokers can monitor whether traders hold positions past the end of the trading day. If positions remain open, DXtrade can automatically liquidate them and move the account to a designated status to reflect competition loss or rule breach.
- The platform can also notify traders in advance of the upcoming end of the trading day and potential liquidation.
Max drawdown
- Max drawdown defines how far an account is allowed to fall from its highest value before breaching the rules. In DXtrade, brokers can configure the max drawdown with three calculation modes:
- Real-time trailing max drawdown (also known as intraday trailing drawdown or live trailing drawdown). The limit follows the highest account value reached in real time. It moves up as the trader makes a profit, but it doesn’t move down when the trader takes losses.
- Daily trailing max drawdown (also known as end-of-day trailing drawdown). The limit is recalculated at the end of each trading day based on the account value at that time.
- Static max drawdown (also known as fixed drawdown or absolute drawdown). The limit is fixed and doesn’t adjust to changes in account value.
- Brokers can display the maximum drawdown and the remaining drawdown to traders as part of their account metrics.
Why us?
Devexperts has more than 20 years of experience developing financial software for brokers and proprietary trading firms worldwide, with some of the biggest names in trading across the instrument spectrum sourcing their technology from us.
Market data integration
Connect to professional equities and options market data, including Greeks, implied volatility, and other options analytics, via pre-integrated feeds.
Rapid time to market
Launch US options trading fast with pre-built integrations to market data providers, executing brokers, and prop trading competition and evaluation software.
Mobile apps
Offer dedicated, fully branded mobile apps, so your clients can trade on the go.
24/7 support
Rely on a dedicated account manager and support team for continuous support and maintenance.