Devexperts, a software developer for capital markets, has announced a partnership between its DXtrade platform and amana, a Dubai-based neobroker and liquidity provider.

This partnership follows the launch of a new community feature for Devexperts’ AI trading assistant, Devexa. The feature allows brokers to host secure social spaces for traders to interact directly within trading platforms, reducing the need for external platforms like Discord or Telegram.

DXtrade Partners with amana for Market Access

"We are always looking for ways to make DXtrade an even better solution for brokers – whether this be through maintaining and updating our software or through the partnerships we form." Jon Light, Head of OTC Platform at Devexperts.

Through the partnership, brokers licensing DXtrade can offer better access to global markets through amana’s liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term solutions. The collaboration aims to improve trading execution, making transactions faster and more efficient while expanding market access.

Amana is regulated by authorities including LFSA, FSC, and FCA. It provides commission-free assets across multiple markets, including equities, cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, forex, metals, and indices. The platform also accepts crypto deposits as collateral and offers both leveraged perpetual futures and spot crypto.

"We are pleased to be partnering with amana and believe that through this collaboration we will be able to better cater to our customers, particularly those based in the MENA region," Light added.

DXtrade Offers Customizable Platform

DXtrade offers brokers an off-the-shelf trading platform that can be customized. It features a scalable modular architecture and is available on web, Android, and iOS platforms, with tools for both broker-dealing and client management.

amana’s liquidity, known for low spreads and no fees on MENA stocks, aims to enhance the trading experience for brokers using DXtrade, making markets more accessible and efficient.

New DXtrade App Update Improves Trading

Meanwhile, Devexperts has updated its DXtrade mobile trading app, introducing a redesigned home screen to improve user experience and broker engagement, as reported by Finance Magnates.

The update, Version 312, provides traders with access to portfolio metrics, real-time updates on positions, and active order tracking. The home screen also includes an Account Card, deposit/withdrawal buttons, and sections for monitoring positions and orders.