Sharin explains the group's responsiveness to the rise of cryptos and shifting regulations.
UTIP
The FX and binary options industry continues to evolve, necessitating the use of new platform technology and services. Finance Magnates spoke with Evgeniy Sharin, the Executive Director of UTIP Technologies, who outlined the group's services suite, future offering, and developments in the pipeline.
Can you tell us about UTIP’s clients, regional concentration, growth and what kind of trading it offers?
UTIP develops software for both foreign exchange and binary options brokers. More than 150 brokers all over the world have chosen UTIP as their provider of the trading software. Our current clients are from the United States, Israel, China, India, Indonesia, South Africa, Russia.
The price of our software is three times lower than competitors one. Of note, we don’t charge an interest from lots or from brokers’ turnovers. We help new companies with registration and our specialists assist in bank account opening and Forex websites development too.
In terms of client trends, today we have more Forex platform clients than binary options platform ones. However, the number of binary options platform clients continues to grow every year.
Evgeniy Sharin
Have you thought about adopting cryptocurrency trading onto your platform? What are your thoughts on these types of instrument?
We follow market tendencies and integrate novelties and our brokers have offered cryptocurrency trading for several years already. Online services for receiving funds in bitcoins are integrated into trader’s profile supplying with the UTIP platform package.
What developments are in the pipeline at UTIP?
We have recently released a new solution - Trader's room for mobile devices. If trader uses broker’s website by mobile phone and wants to open a real account, he or she gets into the convenient adapted trader’s room interface. In this trader’s room the trader can promptly register a new account, make a deposit, review trading history or contact customer support.
We always search for convenient payment systems with profitable terms for our clients and integrate them into mobile version of trader’s room. PayBoutique, WinPay, and OrangePay payment systems are integrated into trader’s room for today. All mentioned systems cooperate with Forex brokers from any jurisdiction.
Will the shifting regulatory landscape affect UTIP at all?
Legislation changes don’t influence the number of our clients. Most brokers register companies in unregulated jurisdictions, for example, in the Marshall Islands or in Saint Vincent and the Grenadines. In these countries there is no Forex regulation and there are no authorized capital and reporting requirements.
This scheme has been checked however as many big brokers work according to it. Therefore, every year clients turn to us more often, despite changes in the legislation of other jurisdictions.
What challenges FX and binary options providers face?
Our competitors provide brokers with limited solutions and we think about all the problems of brokers. Brokers should look for quotes sources by themselves choosing our competitors’ platforms. They need time to find a good one source and to plug it in. We provide fouralternative quotes sources in our platform at once. They are fast and stable and are specially selected for our clients. Unlike other quotes sources, our ones are free.
Our brokers don’t need to develop trader’s room by themselves. This product is provided for free in one package with the platform. The UTIP trader’s room is available for all devices: Desktop, Tablet, and Mobile. The room can be unique as broker can tune it according to his corporate style.
We have already integrated the best payment systems for brokers with minimum fees into the trader’s room. Moreover, we continue to review new interesting payment systems. Brokers shouldn’t go through long integration procedures on their own.
There is no risk that they will be refused in integration. Here the broker will for sure get the most convenient means of receiving funds from customers. If you wish, you can integrate any other payment system to your trader’s room. We develop unique websites for our brokers and do it for prime cost as there is no desire to earn from this. We also create websites according to broker’s needs – electronic web services can be plugged in: economic calendar, news, quotes, etc.
Overall, we try to anticipate our broker needs and create products to satisfy these needs. Brokers come not only to buy the platform but also to get the set of concomitant programs. So, they can quickly start working and they won’t waste money on their own developments.
We don’t charge an interest from lots and broker’s turnovers. $800 for customer support is the only monthly payment. It includes trader’s room support and CRM-system support. The fact is that we don’t interfere into our brokers’ businesses. We also don’t take high fees from them. So, brokers can successfully do their business and keep their profit.
The FX and binary options industry continues to evolve, necessitating the use of new platform technology and services. Finance Magnates spoke with Evgeniy Sharin, the Executive Director of UTIP Technologies, who outlined the group's services suite, future offering, and developments in the pipeline.
Can you tell us about UTIP’s clients, regional concentration, growth and what kind of trading it offers?
UTIP develops software for both foreign exchange and binary options brokers. More than 150 brokers all over the world have chosen UTIP as their provider of the trading software. Our current clients are from the United States, Israel, China, India, Indonesia, South Africa, Russia.
The price of our software is three times lower than competitors one. Of note, we don’t charge an interest from lots or from brokers’ turnovers. We help new companies with registration and our specialists assist in bank account opening and Forex websites development too.
In terms of client trends, today we have more Forex platform clients than binary options platform ones. However, the number of binary options platform clients continues to grow every year.
Evgeniy Sharin
Have you thought about adopting cryptocurrency trading onto your platform? What are your thoughts on these types of instrument?
We follow market tendencies and integrate novelties and our brokers have offered cryptocurrency trading for several years already. Online services for receiving funds in bitcoins are integrated into trader’s profile supplying with the UTIP platform package.
What developments are in the pipeline at UTIP?
We have recently released a new solution - Trader's room for mobile devices. If trader uses broker’s website by mobile phone and wants to open a real account, he or she gets into the convenient adapted trader’s room interface. In this trader’s room the trader can promptly register a new account, make a deposit, review trading history or contact customer support.
We always search for convenient payment systems with profitable terms for our clients and integrate them into mobile version of trader’s room. PayBoutique, WinPay, and OrangePay payment systems are integrated into trader’s room for today. All mentioned systems cooperate with Forex brokers from any jurisdiction.
Will the shifting regulatory landscape affect UTIP at all?
Legislation changes don’t influence the number of our clients. Most brokers register companies in unregulated jurisdictions, for example, in the Marshall Islands or in Saint Vincent and the Grenadines. In these countries there is no Forex regulation and there are no authorized capital and reporting requirements.
This scheme has been checked however as many big brokers work according to it. Therefore, every year clients turn to us more often, despite changes in the legislation of other jurisdictions.
What challenges FX and binary options providers face?
Our competitors provide brokers with limited solutions and we think about all the problems of brokers. Brokers should look for quotes sources by themselves choosing our competitors’ platforms. They need time to find a good one source and to plug it in. We provide fouralternative quotes sources in our platform at once. They are fast and stable and are specially selected for our clients. Unlike other quotes sources, our ones are free.
Our brokers don’t need to develop trader’s room by themselves. This product is provided for free in one package with the platform. The UTIP trader’s room is available for all devices: Desktop, Tablet, and Mobile. The room can be unique as broker can tune it according to his corporate style.
We have already integrated the best payment systems for brokers with minimum fees into the trader’s room. Moreover, we continue to review new interesting payment systems. Brokers shouldn’t go through long integration procedures on their own.
There is no risk that they will be refused in integration. Here the broker will for sure get the most convenient means of receiving funds from customers. If you wish, you can integrate any other payment system to your trader’s room. We develop unique websites for our brokers and do it for prime cost as there is no desire to earn from this. We also create websites according to broker’s needs – electronic web services can be plugged in: economic calendar, news, quotes, etc.
Overall, we try to anticipate our broker needs and create products to satisfy these needs. Brokers come not only to buy the platform but also to get the set of concomitant programs. So, they can quickly start working and they won’t waste money on their own developments.
We don’t charge an interest from lots and broker’s turnovers. $800 for customer support is the only monthly payment. It includes trader’s room support and CRM-system support. The fact is that we don’t interfere into our brokers’ businesses. We also don’t take high fees from them. So, brokers can successfully do their business and keep their profit.
Retail Trading & Prop Firms in 2025: Five Defining Trends - And One Prediction for 2026
Featured Videos
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
