CLEO, a trading platform built for crypto and CFD proprietary trading firms, has connected its front end to Gold-i's MatrixNET liquidity management platform, the two companies said today (Thursday), bundling challenge tracking and prop-style risk tools with access to a multi-asset routing system that sits behind a growing share of FX and crypto broker order flow.

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CLEO Integrates With Gold-i's MatrixNET to Target Crypto, CFD Prop Firms

The arrangement splits the prop stack into two pieces. CLEO sits at the trader-facing layer on web and iOS and Android mobile apps, presenting challenge rules, breach limits and live pass-or-fail status on a single dashboard.

Gold-i's MatrixNET handles the plumbing behind the interface, aggregating liquidity from more than 80 providers and 35 crypto exchanges and simulating live execution conditions for traders running funded or evaluation accounts.

"CLEO has carved a niche as a market leading web-based and mobile platform designed specifically for prop firm traders," said Tom Higgins, the CEO of Gold-i, adding the integration provides prop firms and their traders with "an unrivalled offering," in the company's phrasing.

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Gold-i declares MatrixNET lets prop firms replicate liquidity-provider behavior with customizable settings for latency, slippage, partial fills and rejections, intended to mirror conditions traders would see on real order flow. The company said the platform runs with 24/7 support to match round-the-clock crypto markets.

Prop Tech Turns Into a Bundled Business

Gold-i has been knitting MatrixNET into a string of prop-facing deals as the segment has drifted away from the one-platform, one-broker model that dominated retail CFDs for years.

The UK-based technology provider added the Crypto.com Exchange to the platform in March 2026, followed by Scope Prime's crypto CFD pricing earlier this month, extending a crypto roster that already included decentralized exchange Hyperliquid and FX venue Edgewater Markets.

The CLEO tie-up lands in a space where platform vendors are competing to offer prop firms a fuller stack rather than a trading interface alone.

"This partnership unites Gold-i's infrastructure and reach with CLEO's trader-facing executional layer, enabling prop firms to scale whilst also equipping traders with purpose-built tools, designed for evolving market demands," Kevin Grulich, CEO of CLEO, commented.

Devexperts in January paired its DXtrade platform with Arizet Labs' PropTech suite, bundling CRM, risk management and payout automation with the trading screen. Match-Trade Technologies rolled out a February 2026 update to its Match-Trader Prop product that added full MetaTrader 5 backend integration alongside challenge management, verification workflows and monetization tools.

Other prop firms have taken the integration route at the trading layer, with For Traders adding futures access through DXtrade earlier this year.

A Fragmented Platform Map

The commercial backdrop traces back to MetaQuotes' 2024 move to restrict MetaTrader use by prop firms serving US clients, which pushed the industry to diversify onto Match-Trader, cTrader, DXtrade, TradeLocker and other alternatives. The fragmentation accelerated further in late 2025 when ProjectX, the futures platform widely used by US-facing prop firms, said it would end third-party service, leaving most futures props outside TopStep scrambling for alternatives.

For liquidity providers, the shift has created room for products that can sit behind multiple front ends. Gold-i's MatrixNET already powers parts of Finalto's ClearVision stack and underpins distribution arrangements with firms including LTP and, now, CLEO.

The deal also reflects a convergence between crypto and FX infrastructure that Gold-i CEO Tom Higgins has flagged before. In past FinanceMagnates.com interviews, Higgins observed that "crypto liquidity and FX liquidity are sort of coming together," a view that has shaped MatrixNET's expansion into digital assets over the past two years.

Neither firm disclosed commercial terms, volumes committed, or the number of prop firms expected to go live on the combined stack at launch.