The multi-asset trading platform DXtrade has collaborated with TipRanks to enhance its offering with stock research tools. In a statement sent to Finance Magnates, the company mentioned that this collaboration will give traders real-time data insights directly within the DXtrade platform.

Benefits and Features

Under the new partnership, DXtrade will integrate TipRanks' suite of data-driven tools, including the trending stocks screener, analyst insights, and breaking news updates. These features will initially be available within DXtrade's demo environment and eventually fully integrated into broker services.

"We are continuously looking for ways to develop and improve our offerings wherever possible and believe end-users will benefit from the addition of the TipRanks widget to our platform. This will allow for more informed trading decisions, with insights and updates being delivered in real-time for maximum support and efficacy," Jon Light, the Head of OTC Platform at Devexperts, said.

This integration enables DXtrade's global customer base to make informed trading decisions based on real-time market analysis and expert recommendations. The company also mentioned that this offering brings advanced risk management functionalities, such as customizable limits and exposure configurations without platform restarts.

Gilad Gat, the Co-Founder and CTO of TipRanks, added: "We are very excited to be combining forces with DXtrade. TipRanks is committed to spreading transparency and information throughout the capital markets. We are delighted to have the opportunity to expand our reach to Devexperts' many customers, helping investors from around the world make data-driven decisions."

More Partnerships

IC Markets partnered with TipRanks in May to provide clients with market insights. The forex and CFD broker announced the integration of its platform with research tools offered by TipRanks, including insights for the stock market, ETFs, and mutual funds.

The deal also enables IC Markets' clients to access multiple tools to track market sentiment, analytical ratings, and the most trending investment instruments. The broker's clients also have access to the Hedge Funds Activity tool, which assesses changes in the portfolios of large investment institutions.

Elsewhere, TBC Capital, a financial firm based in Georgia, integrated TipRanks' proprietary tools into its platform early this year to enhance its offerings with access to financial data and tools. This service aims to give users access to financial data that hedge funds and high-net-worth institutional investors usually use.