Pelican Brings Full Copy-Trading Toolset to DXtrade in Expanded Devexperts Tie-Up

Monday, 15/06/2026 | 09:10 GMT by Damian Chmiel
  • The company says its complete feature set, from cross-platform copying to introducing-broker payouts, is now reachable inside the DXtrade platform.
  • The expansion builds on a partnership the two firms first struck back in 2024.
dxtrade pelican

Pelican has widened the set of features brokers can reach through its integration with DXtrade, the white-label platform from software developer Devexperts. The copy-trading provider, which runs a cross-broker strategy network, announced the expansion today (Monday).

The move builds on a tie-up the firms struck in 2024, when DXtrade users first gained access to Pelican's network of trading signals.

Pelican now says its complete toolset sits inside the platform, rather than the narrower signal-sharing setup launched two years ago.

Pelican says it offers more than 9,000 live strategies sourced from over 60 brokers across its open copying network.

What Brokers Get Through the Integration

Pelican lists several functions now available via DXtrade. They include copying trades across MT4, MT5, cTrader, DXtrade and Match-Trade, plus broker-branded apps and APIs for custom builds, according to the firm.

The company also points to its regulatory permissions, holding licenses from the FCA, CySEC , the DFSA in Dubai and the FSC in Mauritius. Pelican says those approvals let it handle the portfolio management and advice rules that copy trading can trigger.

On revenue, Pelican says brokers can earn through automatic performance fees and in-app referrals, and that the network pays out more than $1 million a month on average to introducing brokers.

Mike Read, co-founder and CEO of Pelican Trading

"Pelican ensures that flexibility translates into real trading activity," said Mike Read, a director at Pelican.

Copy-Trading Vendors Crowd the Cross-Platform Race

Pelican is one of several providers pitching brokers on copy trading that runs across different platforms rather than inside a single one.

Brokeree Solutions launched an Integration API in March that lets brokers wire its social trading system into systems beyond MetaTrader and cTrader.

The same month, STARTRADER rolled out a web version of its STAR Copy product as more brokers added similar features.

Pelican has been widening its own reach too. In April, Spotware plugged the Pelican network into cTrader, opening the pool to brokers including IC Markets, Deriv and Pepperstone

Demand has been climbing. The global copy trading market was estimated at around $2.6 billion in 2025, according to industry figures, with retail interest pushing more brokers to bolt on the feature.

Devexperts Keeps Adding Vendors to Its DXtrade Stack

For Devexperts, the Pelican expansion is the latest entry in a DXtrade vendor stack that has grown quickly this year.

In May, the company connected dealing-desk supervision tool DDXpro to the platform, and wired in Advanced Markets liquidity to give brokers another pricing route.

Jon Light, Senior Director of Product Management at Devexperts
Jon Light, Senior Director of Product Management at Devexperts

DXtrade supports stocks, options, futures, ETFs, bonds, FX, CFDs and digital assets, and runs on an open framework that lets brokers add outside services.

The setup "brings a range of benefits to support those licensing DXtrade," said Jon Light, senior director of product management at Devexperts.

Neither company disclosed financial terms, how many brokers currently use Pelican through DXtrade, or pricing for the expanded feature set.

Pelican has widened the set of features brokers can reach through its integration with DXtrade, the white-label platform from software developer Devexperts. The copy-trading provider, which runs a cross-broker strategy network, announced the expansion today (Monday).

The move builds on a tie-up the firms struck in 2024, when DXtrade users first gained access to Pelican's network of trading signals.

Pelican now says its complete toolset sits inside the platform, rather than the narrower signal-sharing setup launched two years ago.

Pelican says it offers more than 9,000 live strategies sourced from over 60 brokers across its open copying network.

What Brokers Get Through the Integration

Pelican lists several functions now available via DXtrade. They include copying trades across MT4, MT5, cTrader, DXtrade and Match-Trade, plus broker-branded apps and APIs for custom builds, according to the firm.

The company also points to its regulatory permissions, holding licenses from the FCA, CySEC , the DFSA in Dubai and the FSC in Mauritius. Pelican says those approvals let it handle the portfolio management and advice rules that copy trading can trigger.

On revenue, Pelican says brokers can earn through automatic performance fees and in-app referrals, and that the network pays out more than $1 million a month on average to introducing brokers.

Mike Read, co-founder and CEO of Pelican Trading

"Pelican ensures that flexibility translates into real trading activity," said Mike Read, a director at Pelican.

Copy-Trading Vendors Crowd the Cross-Platform Race

Pelican is one of several providers pitching brokers on copy trading that runs across different platforms rather than inside a single one.

Brokeree Solutions launched an Integration API in March that lets brokers wire its social trading system into systems beyond MetaTrader and cTrader.

The same month, STARTRADER rolled out a web version of its STAR Copy product as more brokers added similar features.

Pelican has been widening its own reach too. In April, Spotware plugged the Pelican network into cTrader, opening the pool to brokers including IC Markets, Deriv and Pepperstone

Demand has been climbing. The global copy trading market was estimated at around $2.6 billion in 2025, according to industry figures, with retail interest pushing more brokers to bolt on the feature.

Devexperts Keeps Adding Vendors to Its DXtrade Stack

For Devexperts, the Pelican expansion is the latest entry in a DXtrade vendor stack that has grown quickly this year.

In May, the company connected dealing-desk supervision tool DDXpro to the platform, and wired in Advanced Markets liquidity to give brokers another pricing route.

Jon Light, Senior Director of Product Management at Devexperts
Jon Light, Senior Director of Product Management at Devexperts

DXtrade supports stocks, options, futures, ETFs, bonds, FX, CFDs and digital assets, and runs on an open framework that lets brokers add outside services.

The setup "brings a range of benefits to support those licensing DXtrade," said Jon Light, senior director of product management at Devexperts.

Neither company disclosed financial terms, how many brokers currently use Pelican through DXtrade, or pricing for the expanded feature set.

About the Author: Damian Chmiel
Damian Chmiel
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About the Author: Damian Chmiel
Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia. His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch. Education: MA in Finance and Accounting, Cracow University of Economics
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