DXtrade enhances Futures Trading Capabilities for Prop Firms
Devexperts has significantly enhanced its DXtrade XT white-label platform, introducing futures trading capabilities aimed at proprietary trading firms. This development follows a notable shift in market interest, with an increasing number of prop firms expanding into futures trading.
About the New Futures Trading Capabilities
Devexperts has enhanced its DXtrade XT white-label platform by introducing futures trading functionality, primarily targeting proprietary trading firms. This expansion caters to the growing interest among prop firms in trading derivative instruments like CME futures.
The platform also includes Devexperts’ dxFeed market data service, which provides real-time Level 1 and Level 2 futures data for US and European markets. In addition, it supports various order types, such as stop market, stop limit, and trailing stop orders.
Over the past year, the company has onboarded more than 40 firms, driven by rising demand for futures trading technology.
The platform now integrates with CRM systems and features robust risk management tools and real-time market data. This move aligns with broader industry trends, where prop firms are increasingly diversifying into futures trading. Devexperts has also strengthened its market presence through strategic partnerships and key executive appointments.
What Does It Mean?
Here is what it means for users.
Access to New Markets
The platform now supports futures trading in addition to forex and CFDs, allowing traders to expand their strategies and participate in diverse markets like CME futures in the US. This opens up more trading opportunities and potential profit avenues.
Seamless Onboarding and Risk Management
With enhanced integration features, the platform ensures smooth onboarding and management of trader accounts. This includes automated tools like position limits, custom trading schedules, and session-end liquidations, offering better control over trading risks.
Advanced Trading Tools and Data Access
The inclusion of dxFeed provides real-time market data with Level 1 and Level 2 access for both US and EU futures. This, coupled with various order types (stop market, stop limit, trailing stop), empowers traders to execute their strategies more precisely and flexiblely.
Copy Trading and Signals
Through the Pelican integration, users can tap into a network of over 9,000 trading signals, enhancing their trading decisions by following successful strategies shared by other traders directly within the platform.
About Devexperts
Devexperts is a leading financial software development company specializing in creating cutting-edge solutions for the global financial industry. Devexperts offers various products and services, including custom multi-asset trading platforms, risk management and reporting tools, market data services, custom feed construction, trading simulators, and more. The platform is used daily by over 20 million traders worldwide.
Way Ahead
Looking ahead, Devexperts is set to deepen its presence in the prop trading industry by enhancing its DXtrade XT platform, especially in the rapidly growing futures segment. With increasing demand for futures trading among prop firms, the company aims to solidify its leadership by offering tailored solutions and comprehensive support. Strategic partnerships and global expansion, particularly in regions like APAC, will continue to be critical priorities for driving growth and capturing emerging market opportunities.
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