Latest News

Stock Brokers Can Now Offer Fractional Trading with DXtrade XT Platform by Devexperts

Munich, Germany – June 22, 2022 (Investorideas.com Newswire) Devexperts announced DXtrade XT, which is an out-of-the-box trading platform for exchange-traded instruments, such as stocks (whole, fractional or notional shares), options, mutual funds, and fixed income (bonds). The platform is now available to brokers from around the world, who want to provide traders with access to US-listed securities.

DXtrade XT

DXtrade XT offers modern and uncluttered web and mobile platforms that are suitable for both professional and novice traders. The mobile app gives the opportunity to investors to manage their accounts and order on-the-go, which is appealing for onboarding new clients.

With DXtrade XT, brokers can attract more clients by lowering barriers to entry: Their traders can benefit from fractional and notional orders and invest the amount of money they feel comfortable about.

On the broker’s side, manual allocation of the fractional trades can be booked under the main account, distributed among the client accounts and managed in a flexible manner according to the brokers strategy.

At the same time, this flexibility in investment plans for traders still guarantees that brokers fully control their order management workflow. DXtrade’s web-based admin portal affords brokers real-time order flow oversight. Brokers can monitor client positions and accounts, adjust risk settings, update platform configurations, and manually manage all registered accounts.

The risk management module of DXtrade XT incorporates advanced tools such as routing wheel. This tool allows automated routing according to the criteria such as asset type and destination-based percentage.

Michael Sprachman, Devexperts Vice President of Trading Platform, commented on the launch: “In the process of designing DXtrade XT, our team has analyzed key pain points of brokers, strategies for attracting and retaining new investors, and ways to automate risk management further. During the course of our market analysis, we have concluded that the majority of brokers run on legacy systems with outdated user interfaces, hence, we see a lot of opportunity for DXtrade XT in assisting brokers to grow their business.”

Learn more or request the demo to experience the full functionality here: https://dx.trade/dxtrade-xt/dxtrade-xt-web-trader/

Contact:
Elena Gorbacheva
Head of Communications, Devexperts
pr@devexperts.com

More Info:

This news is published on the Investorideas.com Newswire – a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:Latest News