Match-Trader November 2024 Updates to Enhance Trading
Match-Trader’s November 2024 update introduces features to enhance trading efficiency and user experience. This update focuses on intuitive tools, better analytics, and seamless communication for brokers and traders.
About the Match-Trader November 2024 Updates
These are the new updates on the platform:
Drag-and-Drop TradingView Charts
The new drag-and-drop functionality in TradingView charts simplifies trading. Users can now set and adjust Stop Loss (SL) and Take Profit (TP) levels directly from the chart. This feature allows precise management of pending orders. SL/TP levels can also be edited or removed without hassle.
Social Trading Push Notifications
The platform now offers real-time push notifications to improve communication. Subscribers are notified of key events such as insufficient funds, subscription fee charges, or failed fee collection attempts. These alerts build trust by keeping users informed about account-related changes promptly.
Lead Sources and Providers Reports
New tabs in the Reports section help brokers analyze lead origins and evaluate provider performance. These insights support better marketing strategies and efficient resource allocation.
Redesigned Admin and WL Manager Interface
The interface for Admin and White Label Manager apps now features a modern design with enhanced data readability. Buttons are arranged intuitively. Users can hide the navigation menu to maximize the workspace.
Enhanced Access Rights for Trading Accounts
The permissions system now includes categories like Full Access, Close Only, and Trading Disabled. Brokers can customize account access based on individual requirements. A transitional status, Locked Close Only, provides flexibility for specific scenarios.
Hedge Margin Calculation: Larger Leg
The new margin calculation system uses the Larger Leg principle. For example, in a BUY 2.0 vs. SELL 1.0 EURUSD scenario, the margin is calculated on the larger position (BUY 2.0). This method replaces the traditional netted margin calculation for more accurate position management.
Block EOD/EOM Reports by Account
Brokers can now block the delivery of End of Day (EOD) and End of Month (EOM) reports for individual accounts. This new Mailing Settings feature offers greater control without altering client group configurations.
Filter Demo Accounts
Users can filter out demo accounts across various tabs, including Accounts, Positions, and Active Orders. This feature streamlines data by focusing on live accounts.
Saving TradingView Chart Graphic Settings
Customizable templates allow users to save and automatically apply preferred chart settings. Separate configurations for Dark and White themes ensure consistency when switching between themes. These settings are retained across web and mobile platforms for a uniform experience.
Effects on Users
The update will have these effects on users:
Improved Trading Efficiency
The drag-and-drop functionality simplifies trading operations. It allows users to adjust SL/TP levels and pending orders directly on the chart. This reduces the time required for manual adjustments.
Enhanced User Engagement
Real-time notifications for Social Trading keep users informed about account activities like insufficient funds or subscription charges. This transparent communication fosters trust and increases user engagement.
Streamlined Marketing for Brokers
The Lead Sources and Providers Reports enable brokers to analyze data more effectively. This helps optimize campaigns, allocate resources efficiently, and make informed decisions based on performance metrics.
Better User Experience
The modernized interface improves usability through intuitive navigation, optimized data layouts, and customizable workspaces.
Flexible Account Management
The new access rights system allows brokers to define trading capabilities per account. This ensures compliance, enhances security, and provides flexibility to tailor permissions according to client needs.
Accurate Margin Management
The Larger Leg principle ensures margin calculations are based on the largest position side. This approach provides a clearer understanding of margin requirements.
Customized Reporting Options
Blocking EOD/EOM reports for specific accounts helps brokers customize reporting without affecting group-level settings. This targeted approach reduces unnecessary communication.
About Match-Trader
Match-Trader is a trading platform for forex brokers. It provides advanced trading tools, real-time data, and analytics. The platform offers educational resources and 24/7 customer support. Match-Trader has high-level security protocols to protect user data and transactions.
Summing Up
The November update shows Match-Trader’s commitment to user-centric innovation. These improvements boost efficiency, enhance communication, and simplify workflows.
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