MarketCloud Partners with Hybrid Solutions to Host VertexFX Trading Platform on the Cloud
by
Adil Siddiqui
The popular VertexFX platform, developed by Hybrid Solutions, will become accessible to global users as it signs a hosting agreement with Cyprus-based MarketCloud, thus reducing costs for traders.
Leading platform provider to Middle Eastern and Asian forex and CFD brokers, Hybrid Solutions, continues its product development though a co-operation with Cyprus-based, MarketCloud. The two firms signed an agreement allowing MarketCloud, a certified provider, to host Hybrid Solutions’ signature trading platform, VertexFX on the cloud.
Hybrid Solutions’ bid to compete with global technology providers for the margin derivatives sector saw the firm enhancing its hosting solutions for users. The firm’s agreement with MarketCloud enables brokers to save costs on set-up and maintenance fees, as well as simplify the offering depending on the users' needs. For example, firms that require partitioned solutions can lease the platform and profit share from the trades while at the same time having the required functionality, such as Risk Management, trade reporting and group settings.
Akram Majed, CEO of Hybrid Solutions, said: "I am pleased to be able to license VertexFX to MarketCloud because our trading platform will be even more accessible to both regulated brokers and traders.
Based on the applications cloud hosting concept, MarketCloud makes it easier for brokers to set up VertexFX and as it is available on lease there is no need to pay up front or to fund expensive set up fees.”
VertexFX has positioned itself as the preferred trading platform in key markets, including Jordan, UAE and Pakistan, with a number of brokers offering the product in India, Hong Kong and China.
VertexFX competes with the MT4 trading platform for retail investors, it is a simple platform but comes with the core standard features required by traders, including advanced charting and auto trading scripting capabilities, also offering a comprehensive online trading platform solution for brokers, market makers and Liquidity providers for an STP business model.
Hybrid Solutions has been extending its offerings as software providers co-operate with third party developers and suppliers enhance the product offering. Mr. Akram added:
"We carefully select our partners and only work with partners who can add real value-add to our business, for traders it offers the reassurance that the brokers on MarketCloud are regulated and reputable."
Leading platform provider to Middle Eastern and Asian forex and CFD brokers, Hybrid Solutions, continues its product development though a co-operation with Cyprus-based, MarketCloud. The two firms signed an agreement allowing MarketCloud, a certified provider, to host Hybrid Solutions’ signature trading platform, VertexFX on the cloud.
Hybrid Solutions’ bid to compete with global technology providers for the margin derivatives sector saw the firm enhancing its hosting solutions for users. The firm’s agreement with MarketCloud enables brokers to save costs on set-up and maintenance fees, as well as simplify the offering depending on the users' needs. For example, firms that require partitioned solutions can lease the platform and profit share from the trades while at the same time having the required functionality, such as Risk Management, trade reporting and group settings.
Akram Majed, CEO of Hybrid Solutions, said: "I am pleased to be able to license VertexFX to MarketCloud because our trading platform will be even more accessible to both regulated brokers and traders.
Based on the applications cloud hosting concept, MarketCloud makes it easier for brokers to set up VertexFX and as it is available on lease there is no need to pay up front or to fund expensive set up fees.”
VertexFX has positioned itself as the preferred trading platform in key markets, including Jordan, UAE and Pakistan, with a number of brokers offering the product in India, Hong Kong and China.
VertexFX competes with the MT4 trading platform for retail investors, it is a simple platform but comes with the core standard features required by traders, including advanced charting and auto trading scripting capabilities, also offering a comprehensive online trading platform solution for brokers, market makers and Liquidity providers for an STP business model.
Hybrid Solutions has been extending its offerings as software providers co-operate with third party developers and suppliers enhance the product offering. Mr. Akram added:
"We carefully select our partners and only work with partners who can add real value-add to our business, for traders it offers the reassurance that the brokers on MarketCloud are regulated and reputable."
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Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
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20-22 MAY 2024
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Looking to expand your network in #Africa?
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Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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