FCA regulated, Middle East focused brokerage, One Financial Markets, is the latest party to forge a partnership with Tradable, introducing its app store platform solution to the customers of the broker. The geographical targets of One Financial Markets are spread throughout Europe, South America and Central and Southeast Asia. By offering the new platform solution it aims to diversify its offering from the rest of the companies operating in the mentioned markets and provide some additional value to its existing and prospective customers.
The broker expects the platform to attract new clients and will be promoting it towards the end of this month via an online campaign in the MENA region. Andrew Henderson, Director of Trading at One Financial Markets, shared in the announcement, “Tradable is the next generation of trading platforms. The App Store means that you can essentially build your own trading environment. We are excited to offer Tradable to our clients and will be producing our own apps in the very near future.”
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The partnership comes as part of Tradable’s ongoing efforts to expand the geographical coverage of its highly customizable trading platform. The company and the platform have already gained some traction, having been able to strike partnership deals with notable brokers such as Monex Group from Japan and GAIN Capital, providing the customer base of the brokerages with the app store platform.
Elaborating on the partnership, Jannick Malling, CEO of Tradable, stated in the announcement, “One Financial Markets is a company with tremendous success that has managed to grow based on offering a unique service to their clients. With One Financial Markets’ attention to client success, they are an ideal partner for Tradable. We truly believe they have the capabilities to fully draw benefits from the open ecosystem and wealth of customizability which Tradable offers.”
In our recent Quarterly Industry Report, our reporters explored the potential and possibilities lying ahead for the app store centered solution. Tradable isn’t for every broker but provides long-term upside for certain types of firms. The analysis provides a breakdown of which types of brokers would do well with Tradable and the advantages it provides, as well as who should steer clear. For the entire article and current Tradable user stats, grab a copy of the Q2 2014 Forex Magnates’ Quarterly Industry Report.