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Story Highlights
In a move set to propel brokers into the global arena, Devexperts, the renowned multi-asset trading platform developer, has announced a significant upgrade to its flagship offering, DXtrade XT. The latest version introduces a highly anticipated multi-currency accounts support, empowering brokers to seamlessly navigate international markets and currencies.
Devexperts’ decision to equip DXtrade XT with multi-currency capabilities stems from the growing demand for platforms that can transcend geographical boundaries. As brokers seek to expand their reach and tap into the lucrative international trading landscape, the ability to handle transactions denominated in various currencies has become imperative.
“As we introduce the latest upgrades to DXtrade XT, we are providing brokers with the capability to trade in multiple markets and currencies allowing them to navigate global markets with greater ease. With multi-currency support, DXtrade XT extends our platform’s reach and reinforces our dedication to offering the tools needed for brokers to succeed in a competitive industry.” said Michael Babushkin, Global CEO of Devexperts.
The upgraded DXtrade XT platform seamlessly facilitates trading in assets denominated across multiple currencies, breaking down barriers and opening up a world of opportunities. Initially tailored for US equities and equity options denominated in USD, the platform has undergone substantial enhancements to accommodate trading in various markets, including the imminent soft launch of EU equity trading.
Data integrity remains a cornerstone of DXtrade XT, with market data and instrument universes sourced from Devexperts’ subsidiary, dxFeed, ensuring consistent real-time availability. The platform’s multi-currency capabilities extend beyond trading, enabling users to maintain multiple accounts denominated in different currencies while commissions, fees, and external cash transactions are seamlessly handled in the respective account’s base currency.
Recognizing the importance of comprehensive market analysis, Devexperts has also enhanced DXtrade XT’s capabilities with dedicated widgets for EU markets, empowering traders with in-depth fundamental analysis tools.
As the global financial landscape continues to evolve rapidly, Devexperts’ commitment to innovation remains steadfast. This latest upgrade underscores the company’s dedication to providing brokers with the cutting-edge technology they need to navigate complex markets, seize opportunities, and drive sustainable growth.