XS.com announced today (Monday) a partnership with fintech provider Brokeree Solutions to introduce copy trading capabilities to its platform. According to the company, this addition will benefit novice traders seeking to learn from more experienced market participants and diversify their investment strategies.

XS.com Expands Trading Offerings with New Copy Trading Feature

Like with other services of this type, XS.com customers will be able to automatically mirror the trades of experienced investors in real time.

“Our partnership with Brokeree Solutions to offer Copy Trading reflects our desire to democratize access to professional-grade trading tools,” commented Wael Hammad, the Chief Commercial Officer (CCO) at XS.com.

“By providing a tool that allows clients to mirror the trades of experienced professionals, we are helping to create a more inclusive, educational, and potentially more profitable environment for all,” Hammad added.

The copy trading service will include real-time tracking and performance analytics. It will enable users to monitor their portfolios and adjust strategies as needed. XS.com has also incorporated customizable risk management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term settings, allowing traders to maintain control over their investments while benefiting from the expertise of top performers.

For experienced traders, the platform offers opportunities to monetize their strategies by becoming mentors or influencers within the trading community. By sharing insights and allowing others to copy their trades, skilled investors can potentially expand their follower base and generate additional income.

In other copy trading developments, Devexperts' white-label trading solution DXtrade formed a strategic alliance with Traders Connect, a provider of cloud-based trade copying services. This partnership was established to address the increasing need for copy trading capabilities among brokers and traders who utilize the DXtrade CFD platform.

XS.com Boosts South African Operations

XS.com, established in Australia in 2010, has become a significant player in the global financial technology and online trading sectors. The company operates with licenses in multiple jurisdictions and maintains offices in various locations worldwide.

An example comes from the activities conducted between 2023 and 2024 in the South African market. Initially, the company elevated Fabian Frantz to Business Development Director for South Africa. For XS.com, this market is essential for its international expansion strategies.

Later, in February 2024, the firm announced that it had secured a license for local operations by purchasing Ubutyebi Financial Services, a regional financial services provider. This acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term enabled XS.com to obtain a license from the country's Financial Sector Conduct Authority and establish a local subsidiary, XS ZA.

Brokeree Solutions has recently announced an update to their services as well. It has unveiled a new version of its website that now supports four extra languages: English, Spanish, Arabic, and Chinese. The firm's objective is to enhance the accessibility of its brokerage technologies for clients in rapidly developing areas including the Middle East, Latin America, and Southeast Asia.