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Forex Back Office Software Ensure Total Control on Your Brokerage

Integrations with Scorechain and Bitfury’s Crystal allow blockchain-processed payments to be analyzed for illegal activity. If the payment number fails the trust check, the payment is sent to the financial control for further review. 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 includes both admin-side and
client-side safety features to ensure comprehensive protection
for data and funds. DGM RemAPP is a solution that delivers the MetaTrader Terminal in a SaaS format, with possibly less than 1ms latency; operable on iOS, Android, Linux, MAC and all browsers.

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. Experience the strength of our BrokerTools’ forex Back Office – a tailored account management tool built with forex focus. With our solution for customer management, you get a reliable and efficient system to manage your clients’ data, KYC process and trading platform configuration.

forex platform back office

You will receive a
functioning product in a period from a couple of hours to several
days. While the backend user’s eyes are not on the dashboard, push notifications bring backend users to action important client related pending tasks promptly, trimming down the wait time. With the Sales Pool Module https://www.xcritical.in/ customers are automatically assigned to the various sales pools, streamlining the sales processes within the enterprise. You now have the option to keep critical customer data in a secure environment and with a trusted vendor within your premises or on our highest security hosted environment.

forex platform back office

Therefore, getting familiar with FX back-office systems is crucial to building an FX brokerage in 2024 successfully. This system ensures compliance with anti-money laundering and counter-terrorist financing regulations. A comprehensive KYC management system should provide features like document collection and verification, risk assessment, customer screening, and audit trail generation. A CRM system is a part of the back office system that specifically focuses on managing client interactions. Therefore, in the competitive Forex industry, a robust CRM system is not just an option but a necessity. Forex CRM software facilitates a streamlined communication process, handles customer queries efficiently, and aids in customer acquisition and retention.

  • If necessary, you can connect any other CRM
    software with help from our technical department.
  • By entering your email address you are giving us permission to send you news and offers.
  • Now, Brokers can easily integrate it into their current setup to create a complete trading ecosystem.
  • Customised IB dashboard with access to introduced clients, commissions, and marketing materials.

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. Forex brokerage forex back-office software back office software can work independently of the trading platform your firm uses. However, your brokerage’s operations will be much more smooth if the back office software integrates with MT4, MT5, or the platform of your choice.

By entering your email address you are giving us permission to send you news and offers. UpTrader is also one of the best Forex CRM companies, focusing on helping clients maximise profit, customise conditions, and acquire and retain clients efficiently. The result is a user-friendly, secure, highly automated FX solution that delivers a huge number of benefits in one easy to use package. KYC and AML procedures ensure counterparty/customer visibility
principle and eliminate the possibility of suspicious activity. 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.

With its wide range of features and user-friendly interface, it has become a go-to choice for traders looking to enhance their trading experience. MetaTrader 5 is a diverse system that functions as a Forex, stock and futures trading platform. Through MT5’s integration with FX Back Office’s Forex CRM, users can benefit from price analysis tools, algorithmic trading applications, including Expert Advisors and trading robots and copy trading. In terms of Forex, the system supports hedging, which allows opening multiple positions of the same financial instrument, of opposite or same direction.

Tamta is a content writer based in Georgia with five years of experience covering global financial and crypto markets for news outlets, blockchain companies, and crypto businesses. With a background in higher education and a personal interest in crypto investing, she specializes in breaking down complex concepts into easy-to-understand information for new crypto investors. Tamta’s writing is both professional and relatable, ensuring her readers gain valuable insight and knowledge.

Our main objective at FX Meta Tech is to make sure that each one of our clients has the system they are in need of. FX Meta Tech provides total start-up solutions for a new Broker it offers a number of additional rich features and other services. However, in the case of existing Brokers, we also have services & modules to maintain and improve their operations. Back office forex software should make it easy to store and maintain clients’ information and personal data.

forex platform back office

The responsibilities of the back office typically comprise IT, human resources, clearances, account management,  record maintenance, regulatory compliance and other services. Security is also a top priority for Novatech, Ltd, and My Back Office’s robust security measures reflect this commitment. The platform utilizes advanced encryption technology to protect user data and transactions, safeguarding traders’ funds and personal information from potential threats. Thanks to our experience as a leading Forex CRM provider, FX Back Office offers full MT5 Integration with CRM. Our bespoke Forex CRM system allows for full integration with MT5, allowing users to reap the benefits of the platform while working within an entirely customizable framework. If your forex firm works with introducing brokers (IBs),
then your back office software needs to allow you to calculate and pay partners commissions and rebates.

The reports and records the software can produce make it much easier to show regulators how your firm operates and to obtain the data you’ll need for licensing. We take pride in announcing that we have a proven track record of helping brokers with all the technology they need to set up and operate highly efficient brokerages. In contrast to the classic CRM system, FX CRM gives access to an incredibly large range of tools that help you better interact with the Forex market.

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. Moreover, Novatech, Ltd’s customer support team is readily available to assist traders with any queries or issues they may encounter. The platform offers multiple channels of support, including live chat, email, and phone support. This ensures that traders can access assistance whenever they need it, promoting a seamless trading experience. Its strategic partnership with Match-Prime Liquidity Provider, regulated by CySEC, enables clients to access deep liquidity across multi-asset instruments.

Articles and financial market analysis on this website are prepared or accomplished by an author in his personal capacity. The views and opinions expressed in postings on this website belong solely to the author and may not reflect those of the company’s management or the official position of the company. The contents of the site do not constitute financial advice and are provided solely for informational purposes without taking into account your personal objectives, financial situation or needs. Soft-FX is a software development and integration company and does not provide financial, exchange, investment or consulting services.

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