Fortex, a leading provider of institutional FX trading solutions, has launched several new features on its trading platform. These enhancements aim to improve the trading experience for brokers, fund managers, and their clients worldwide.
Fortex Unveils 4 New Trading Platform Features
One of the key additions to the platform is the integrated CFD FX trading. This feature expands the range of financial instruments available to brokers and fund managers and “provides a broader scope for diversification and flexibility within client portfolios.”
Fortex has also streamlined its Know Your Customer (KYC) process to ensure compliance with regulatory standards while simplifying client onboarding.
“By refining the KYC process, Fortex facilitates quicker access to the platform's comprehensive features for brokers, fund managers, and their clients,” Fortex commented.
Furthermore, the platform now supports Percentage Allocation Management Module (PAMM) and Multi-Account Management (MAM) APIs. PAMM and MAM integrations enable efficient management of multiple accounts from a single interface, enhancing portfolio management and trade execution capabilities.
To improve real-time data delivery and trading efficiency, Fortex has also optimized its WebSocket price stream. This optimization facilitates rapid data transmission, providing up-to-the-millisecond market insights for swift and informed trade execution.
“The launch of these features on the Fortex platform represents a significant leap in providing brokers, fund managers, and their clients with state-of-the-art tools and technologies,” the company concluded.
Fortex 7 and Automated Dealing
Fortex has introduced new features four months after unveiling the seventh version of its trading platform and updating the XForce mobile trading app.
"With the official release of Fortex 7, the newest version of our XForce mobile trading app, traders are invited to experience a new era in mobile trading," said Aris Christoforou, the Head of Marketing and Regional Operations at Fortex.
In the meantime, Fortex also announced an expansion to the risk management features on its platform and introduced new automated real-time dealing tools aimed at increasing brokers' efficiency and control.
The financial technology company provides its solution to several trading firms but utilizes integrations with other solutions. An example of this is the partnership with GBE Prime, which offers the company access to institutional-grade trading services.
