Devexperts has enhanced its white-label trading platform, DXtrade XT, to cater to the growing demand among proprietary trading firms for futures trading technology. The platform, designed for brokers and now expanded for prop trading environments, will enable firms to offer US futures trading to clients globally.
DXtrade XT can be deployed either as an off-the-shelf solution or with varying levels of customisation, allowing firms to adapt the platform to their specific needs. To support proprietary trading firms that provide capital for traders to trade on their behalf, DXtrade’s built-in trading simulator integrates seamlessly with firms’ existing CRM/Portal systems via API. The platform allows for comprehensive risk management, including configurable account position limits, customised trading day schedules, and automatic position liquidation at session end. Real-time monitoring ensures that traders’ performance and rule adherence can be tracked effectively.
“Over the past year, we’ve onboarded about 40 proprietary trading firms to our FX and CFD platform,” says Jon Light, Head of OTC Platform at Devexperts, in conversation with TradingTech Insight. “The next significant trend we’re seeing is prop trading focused on futures, particularly CME futures in the US. To stay ahead, we’ve developed a futures-specific version of our prop trading platform. We’re targeting two key audiences: First, existing prop trading firms that currently trade CFDs, FX, and crypto, but want to expand into futures, especially since targeting the US market is more feasible where CFDs aren’t permitted. Second, traditional futures brokers interested in offering a prop trading solution.”
In addition to trading functionalities, DXtrade offers integration with dxFeed, Devexperts’ market data and index management service, providing access to Level 1 and Level 2 US and EU futures data. Compliance, subscription management, and account creation are also supported, alongside features for transaction processing and group account management.
Available via web and mobile, DXtrade supports various trading tools, including quick order entry, position monitoring, trading journals, and advanced charting. Order types include stop market, stop limit, and trailing stop.
“There is strong demand for futures trading technology, especially as the rapidly growing prop trading segment explores new opportunities,” says Light. “We’re excited to now offer US futures contracts alongside our existing CFD services. Devexperts is uniquely positioned to provide both futures data through dxFeed and robust trading functionality. Additionally, we differentiate ourselves by offering expert guidance and support to clients entering the brokerage business.”
The expansion positions DXtrade as a comprehensive solution for prop firms looking to offer futures trading with a focus on rapid deployment and scalability.
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