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Forex Back Office Software: Definition & Overview

The TickTrader Trader’s Room software package is delivered with ready-to-use integrations with the most requested trading platforms on the market – MetaTrader 4, MetaTrader 5, and TickTrader Trading Platform. One of the most significant barriers to clients depositing money is a complicated or lengthy process for funding their accounts. Connecting your back office software to external payment systems (like credit card processors, crypto-currency wallets, and bank transfers) reduces the length of time it takes for deposits to be credited to client accounts. Match-Trade Technologies combined state-of-the-art software components of matching engine technology that enables forex providers to participate in the new generation of transparent, distributed and independent ECN and Crypto markets. Its strategic partnership with Match-Prime Liquidity Provider, regulated by CySEC, enables clients to access deep liquidity across multi-asset instruments. MetaTrader 5 is a diverse system that functions as a Forex, stock and futures trading platform.

It is an indispensable assistant in matters of interaction between the company and clients. Back office software is part of the professional FX CRM system, where there is also front office software that directly interacts with users in the process of using the trading platform. Furthermore, analytical resources of the terminal are not limited to the built-in tools.

CRM Feature

As a rule, it can be a password, secret phrase, or digital combination in the Google Authenticator service. From the financial point of view, your finance department can create reports in seconds, saving hours and hours of the day and allowing them to research into better providers and suppliers in order to save money for your company. The forex market has neither a physical location nor a central exchange and, as an online academy, you can learn wherever you are.

FX Back Office works with its clients to create custom front- and back-end features and experiences that are perfectly coded to address today’s business demands. Working with the finest companies in the industry, FX Back Office is committed to creating systems that fully support the operations of international FX brokerages. The company’s unique CRM and the back-office system can integrate with a wide range of programs, from industry-leading forex platforms to world-class VoIP services, KYC verification systems and more. Trader’s Room back office trading software includes more than 60 fiat payment systems and methods, including the bank wire, SEPA transfer, and credit cards deposit and withdrawal options.

Regulation compliance management

Trader’s Room includes both admin-side and client-side safety features to ensure comprehensive protection for data and funds. The software architecture of the product enables creating https://xcritical.com/blog/forex-back-office-software/ a comfortable client ecosystem for both local and international brokers or exchanges. This module allows you to create a system of referral connections or an affiliate network.

Your brokerage technology partner for achieving thriving success in this Forex Industry. Add/remove client account, set manager, set IB, set verification, manager/investor account request, add manager/admin. 360-degree view & control of incoming deposit/withdrawal requests from your clients, you are effectively minimizing the processing time and thus increasing client satisfaction. KYC , the form can be customized with any field & clients can upload verification documents. Allowing broker admin to identify, monitor, and assist in the sign-up process. Through Trade Soft, brokers can access a combination of FX Platform, our fully hosted service, and ultra-low latency connectivity to their choice of liquidity providers.

bespoke forex CRM

The foreign exchange market, worldly known as forex or FX is one of the most astonishing, fast-moving and captivating markets in the financials. Notorious to be the domain of broad institutions, high wealth individuals and central banks, the internet has allowed everyone to participate in the multi-online currency trading. Almost any part of FX Back Office’s forex CRM can be customized, allowing brokerages to create bespoke software that does exactly what they need it to.

At the same time, the administrative module provides the highest level of security and generates detailed reports on demand. Every client registered within Trader’s Room gets access to the built-in proprietary exchanger, which can be used to exchange one type of asset for another without switching to another trading UI. System administrators can configure settings such as exchange rate and trading platform connections. Trader’s Room specifically designed for brokers and companies that need a multifunctional tool to manage massive flows of funds from clients.

We are ready to provide you with the product demo for a whole month of use

Pre-and post-trade processing for deliverable forex spot, swaps, forwards and options as well as market orders. Rich & fully customizable informative dashboards to visualize comparisons, manage risk and compliance, view patterns and trends in sales, as well as in marketing. FX Meta Tech gives you full access to trading information such as consolidated customer balances, customer transactions, open trade, running trade, closed trade, etc.

Providing traders with multiplatform support will allow them to gain more flexibility in their offerings. Datasoft FxOffice is a foreign exchange software and global payments platform that offers financial institutions a completely integrated forex, treasury, compliance and payments platform. Controlling who can access your database is of vital importance to every Forex brokerage. Our integrated Forex CRM ensures that your database is protected by industry-leading software solutions and through the use of anonymous accounts that allow users to connect to the relevant client profiles.

TradingView adds Nasdaq Dubai data

Know exactly how much profit you made in the last 24 hours with automated revenue reports indicating earnings from all your data sources and platforms. In addition to username and password, Trader’s Room Forex back office software utilizes security methods such as recovery codes, key generators, and connections through secure social networks. The product provides ready-made integrations with Zoho and Microsoft Dynamics CRMs. If necessary, you can connect any other CRM software with help from our technical department. Integrations with Scorechain and Bitfury’s Crystal allow blockchain-processed payments to be analyzed for illegal activity.

• Connecting your back office software to external payment systems (like credit card processors, crypto-currency wallets, and bank transfers) reduces the length of time it takes for deposits to be credited to client accounts.
• As with all such advisory services, past results are never a guarantee of future results.
• In this case, the system recognizes the activity as suspicious and reports it to the control center for further verification.
• Servers and services are protected by restricted access options and the edge networking method, and all data is stored in relational databases without direct access to the Internet, with thorough verification of each user request.
• In this article, we will examine in detail what Forex Back Office Software is, the structure of such a program, and its key features.
• Every client registered within Trader’s Room gets access to the built-in proprietary exchanger, which can be used to exchange one type of asset for another without switching to another trading UI.

Other customized support systems can also be integrated as per your requirements. A robust Forex CRM & Back Office system developed for Forex Brokerages who are dedicated https://xcritical.com/ to offering a tailored customer & partner experience. Process We follow a systematic process to get your Forex business up and running in the Forex industry.