As the demand for technology from the prop trading industry is soaring, Israel-based Leverate today (Monday) announced the launch of a white-label prop trading platform. The company will offer it as a turnkey solution.
Leverate’s Solution for Prop Trading
According to the press release shared with Finance Magnates, the turnkey solution for prop trading firms will include a trading platform, client portal, challenges dashboard, CRM, back office, risk management, and liquidity integration.
“Prop trading is the fastest growing segment in the online trading industry,” the Founder and CEO of Leverate, Ran Strauss said. “Leverate, as one of the top-notch technology providers in this market, is proud to add the white label prop trading solution to our white label trading platform, CRM, and liquidity solutions.”
The turnkey solution includes marketing automation, “enhancing connectivity and productivity” between prop firms and traders. According to Leverate, its solution focuses on accelerating revenue growth for the prop trading platform.
The Rise of Prop Trading Technology Demand
Leverate launched the prop trading-specific solution when prop trading firms were looking for new technology partners, specifically trading platforms. The alleged crackdown by MetaQuotes on US operations of the prop trading platforms has disrupted their technology stack as they are now integrating MetaTrader alternatives.
Even before the recent disruption, demand for prop trading technology was rising. Several other technology providers, like Brokeree and Tools for Brokers, launched turnkey solutions for prop trading firms earlier.
Leverate detailed that it provides two options to prop trading firms: the first option consists of two steps, while the second option is to proceed directly to step number two, which involves receiving the funded account.
“To set up the funded account (Nostro Account), Leverate is here to revolutionize Nostro account management, offering an electrifying chance to effortlessly connect with external brokers or establish your brokerage powerhouse,” the brokerage stated. “With a complete technological suite, including unparalleled risk management for Nostro accounts, your business is poised for unparalleled growth.”