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New York, 21 August 2024 – Devexperts has announced the expansion of its flagship white-label trading platform for brokers, DXtrade, to meet growing proprietary firm demand for futures trading technology.
DXtrade XT, which is available off-the-shelf or as partly or fully customizable, will now enable prop firms to offer US futures to their clients around the world.
Prop trading firms allow traders to invest using the firm’s own capital. Successful traders can profit from their investments, with the firm taking a share. Firms often evaluate prospective traders by giving them virtual money to demonstrate their abilities in a challenge.
DXtrade’s trading simulator enables firms to run challenge accounts using their prop trading CRM/Portal, which can be integrated via API. Risk settings provided include maximum account position limits, custom trading day schedules, and open position auto liquidation at session end.
Traders’ performance and adherence to rules can be monitored in real time and the platform supports account creation, transactions, and group management.
It also offers access to dxFeed, Devexperts’ data solutions and index management provider. This includes Level 1 and 2 US and EU futures data, compliance, and subscription management support.
DXtrade can be set-up within a few weeks, and includes a dedicated account manager.
DXtrade is available via web and mobile, with trading features including quick order entry, position monitors, trading journal, and advanced charting. Order types facilitated include stop market, stop limit, and trailing stop.
There is high demand for futures trading technology, with the high growth prop segment exploring new horizons. As such, we are happy to be able to offer US futures contracts, in addition to our CFD capabilities. Devexperts is in a unique position, offering futures data from dxFeed in addition to trading functionality. We also stand out through our ability to guide clients into the brokerage business with advice and expertise.
