The system has abuilt-in Forex Live Chat System, Support Ticket System, allows for Phone System integration, and supports email tracking. Multiple Support Channels all in one place seamlessly integrated between each other. Increasing competition in the industry means that there is a requirement for a purpose-built platform that is especially designed to meet the precise demands of the Forex industry. There are many CRMs on the market but when running a Forex business, it is important to choose one that is able to specifically handle this kind of work. Syntellicore is fully integrated with Zendesk, keeping all communication with potential and existing customers made through Zendesk Chat, consolidated into each customer’s record.

The software should also keep track of and record the actions of partners and other admins. You can use the industry’s most popular Forex trading Forex back-office software solutions platforms to their full force with our CRM, with no volume limitations. Our solution can help you increase the profit potential of your brokerage by resorting to a hybrid operating model that combines A-Booking and B-Booking. Customers implementing the White Label Crypto Exchange solution can also provide sublicensing services.

Back office allows the white label to create an online account of the clients in a few easy steps. Opening an account of the client on the browser and allowing the client to trade whenever he is registered. In addition to viewing general information for clients, you also need to be able to view and manage the balances in their accounts. Back office software should allow you to track the balances of all client accounts within your financial organization.

Your staff can publish any news in the trader’s room

One of them is the Profit Finder, which is the NinjaTrader backtesting software. All kinds of issues from clients are dealt with here with the ticket system. Broker admin will be notified by notification or by email when a client signs-up. This feature helps sales representatives to achieve their goals, and their management to get an estimate of their team’s plans. Use this bonus to motivate your clients to make their first deposit, or deposit more, or deposit more often.

You’ll be able to view real-time margin, P/L, and position sizes for all client orders. This information will ensure you can issue margin calls at the appropriate times and advise your clients of their risks. It will also allow your firm to control its exposure, which might be especially useful if part of your firm operates as a dealing desk brokerage. Back office forex software must include the ability to manage which actions different users can perform.

With plugins, set the maximum Credit in percentage to avail the Credit and Credit-out conditions. Multi-level Agent Commission to create multi-level hierarchical agent structure. Your clients will be able to sign up for a live or demo account, upload documents, make deposits and transfers between accounts, request support, live chat and much more. Get one single view of a trader and use real-time notifications to help you focus on revenue driving activities.

Essential Features Offered by Our Forex Back Office Software:

The five best backtesting software are MT4, MT5, cBots, Profit Finder, Forex Tester. The main idea behind Forex backtesting is that if a certain system would work in the past, it is capable of working just as well in the future. The best thing to do if you want to see if a certain strategy would be profitable is to test it on as much historical data as you can. Some other important software are Interactive Broker, Trading View, and Meta Trader 5. In our experience, a common mistake that brokers make is not emphasising their main product, the showpiece of the company.

You can set specific conditions that you see fit and set settings according to your needs. The trader operates with their personal funds in their personal account, while transactions are copied to the accounts of investors. To make a successful sale right away, a manager should have certain freedom in their actions. For instance, the freedom to offer individual bonuses to certain clients to close deals more quickly.

As an administrator, you decide which mode of operation is best for your company.

We strive to provide quality solutions at an affordable cost so you can get your brokerage running from the ground up in little or no time. Sanfrix’s brokerage solutions are used by several small and medium forex brokerages worldwide. They recognize how some of the key features of our products help them achieve a sustainable and progressive growth along with happy customers.

Overseeing and handling account balances will enable you to help clients having queries regarding their balances. The user interface should be simple and clear with an organized view of clients’ trading experience, stats, and other important details. The storing process and maintenance of clients’ general information should be easy in the proper forex back-office software back office. The user should be able to make a new client profile swiftly and update it without any hiccups. FX Meta Tech excels in providing technology solutions for Forex brokerage through its professional & top-notch service. FX Meta Tech system infrastructures are primarily optimized for brokerage firms so that maximum ROI is insured.

Clients can open multiple fx trading accounts under one profile in different fx currencies and different leverage levels. Users can transfer funds from their wallet to their trading accounts and back. The most appealing quality of the Trading View is that it provides you with correct data and price charts. It also helps you to understand Forex back-office software solutions the charts before using any trading plan. The reality is that most trading strategies do have a very small edge over the long term . Integrations with Zoho and Microsoft Dynamics are available for our turnkey Forex solutions.

The main features of the UpTrader Forex CRM

The platform also offers traders visual testing, which makes it possible for traders to track the operations on the historical data. You can either download it directly from MetaQuotes or through your broker as the large majority of brokers will offer a white label MT4 platform to traders. I actually know a trader that would be able to generate mind-blowing returns on their backtesting software. Skip the complex process of developing, testing and investing huge amount of time and money. Take a test drive into our trading platforms with a risk-free demo account.

If necessary, you can connect any other CRM software with help from our technical department. The software architecture of the product enables creating a comfortable client ecosystem for both local and international brokers or exchanges. Checkout the tools & features that are essential to sustainable growth of a brokerage. To test a strategy and the way it would work according to the historical data, you will need to use backtesting software for Forex trading. Nexmo and Google are provided by default, ensuring the highest standards of security and privacy. Our special module for Introducing Brokers includes supporting referral programs with up to 30 levels including real-time accruals.

Know Your Client rules help prevent money laundering and are the most common regulations put in place by governmental financial authorities. Your forex firm’s back office software needs to include a KYC module for enforcing compliance procedures. It should let you upload and store documents to confirm clients’ identities. Look for software that lets you specify an expiration date so you know when new documentation is needed. Before you sign-up for their services, you need to make sure they’re really offering comprehensive back-office functionality.

• Based on the list, evaluate the software providers that can provide every amenity you need.
• The clients can distribute their funds from the wallet to all their trading accounts or put them back to the wallet.
• Once connected, you get a fully controlled system that allows you to securely receive end-user funds, as well as provide you detailed reports and analytics, and much more.
• As a result, the smaller and more local a company is, the more peculiar methods of accepting payments it is forced to use.

KYC and AML procedures ensure counterparty/customer visibility principle and eliminate the possibility of suspicious activity. It has been a test for different industries, for employees and managers, and for families too. Judging by my close circle, some of those who have left the job market do not want to go back to a full-time job in an office.

Opening accounts

As a broker, you need especially fast on-boarding to offer clients the best experiences and flexible spreading to be able to react to the market fast enough. The integration of MT4/5 will ensure the smooth and efficient running of your brokerage. In Conclusion to the above; Launch FXM being the top technology provider believes in offering the best tools and platforms for the brokerage firms.

Learn how sanfrix can help you launch your own fx or crypto brokerage at an affordable cost.

Secure KYC/AML document storage and reporting means your team can quickly find the right documentation to prove compliance without headaches. CurrentDesk comes packed with all the tools and integrations you need to run your entire Forex business from one dashboard. Internalized trades can be managed manually or via our algorithmic strategy engine.

Trader’s room

It will be easier for the client if you make the initial choice for them. If you attract experienced traders and expect them to make their own choice, make sure you have a licence, because professionals are well aware of the cost of non-compliance. UpTrader Forex CRM for brokers includes admin module, back office, trader’s room, sales module, bonus and partnership program, more than 50 payment systems. Milton Prime offers an extensive range of smart, user-friendly products, services and trading tools that appeal to the pros and empower new traders to enter the online trading arena. We have researched some common solutions types in the market, and also presented the advantages and features of providers for Forex Trading.

An intuitive interface makes it simple to use and easy to understand, whether you’re an amateur or professional. A robust Forex CRM & Back Office system developed for Forex Brokerages who are dedicated to offering a tailored customer & partner experience.

The provided turnkey Forex broker software functionality includes the ability to control slippage protection, both on the side of users and on the side of the business owner. Within the limits of the slippage value set by the broker, the trader can set his own value. If the final price in an order exceeds the specified threshold, such an order will simply be rejected. The product utilizes SSL and TLS protocols to protect the system against unauthorized tampering. Admin Area allows administrators to set up and subsequent automation of most routine functions to free up time and resources for running more complex business operations. At the same time, the administrative module provides the highest level of security and generates detailed reports on demand.

You can assess whether they provide proper support upon their rapport, customer reviews, and how they execute demos. Additionally, you will also be able to open and close trades on behalf of your clients. Your software will simplify the process of setting stop-out levels https://xcritical.com/ and its automatic application to minimize a client’s risk. Management of user accesses/permissions is necessary for reducing the risks and clients’ data protection. Back Office Software is a third-party technology provider that offers its services for a fee.