Devexperts, a software developer for capital markets, has
announced a partnership between its DXtrade platform and amana, a Dubai-based
neobroker and liquidity provider.
This partnership follows the launch of a new community
feature for Devexperts’ AI trading assistant, Devexa. The feature allows
brokers to host secure social spaces for traders to interact directly within
trading platforms, reducing the need for external platforms like Discord or
Telegram.
DXtrade Partners with amana for Market Access
“We are always looking for ways to make DXtrade an even
better solution for brokers – whether this be through maintaining and updating
our software or through the partnerships we form.” Jon Light, Head of OTC
Platform at Devexperts.
Through the partnership, brokers licensing DXtrade can offer
better access to global markets through amana’s liquidity solutions. The
collaboration aims to improve trading execution, making transactions faster and
more efficient while expanding market access.
Amana is regulated by authorities including LFSA, FSC, and
FCA. It provides commission-free assets across multiple markets, including
equities, cryptocurrencies, forex, metals, and indices. The platform also
accepts crypto deposits as collateral and offers both leveraged perpetual
futures and spot crypto.
“We are pleased to be partnering with amana and believe
that through this collaboration we will be able to better cater to our
customers, particularly those based in the MENA region,” Light added.
DXtrade Offers Customizable Platform
DXtrade offers brokers an off-the-shelf trading platform
that can be customized. It features a scalable modular architecture and is
available on web, Android, and iOS platforms, with tools for both
broker-dealing and client management.
amana’s liquidity, known for low spreads and no fees on MENA
stocks, aims to enhance the trading experience for brokers using DXtrade,
making markets more accessible and efficient.
New DXtrade App Update Improves Trading
Meanwhile, Devexperts
has updated its DXtrade mobile trading app, introducing a redesigned home
screen to improve user experience and broker engagement, as reported by Finance Magnates.
The update, Version 312, provides traders with access to
portfolio metrics, real-time updates on positions, and active order tracking.
The home screen also includes an Account Card, deposit/withdrawal buttons, and
sections for monitoring positions and orders.
This article was written by Tareq Sikder at www.financemagnates.com.
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