Broctagon Fintech Group, a liquidity and technology provider to the brokerage industry, has partnered with Spotware, thus becoming a specialist provider of cTrader White Labels.
Announced on Monday, this partnership will enable Broctagon to offer cTrader White Label along with its existing liquidity products for the brokers.
“We are proud to declare Broctagon a specialist cTrader White Label provider,” Alexander Geralis, Spotware’s head of business development, said commenting on the partnership. “We believe that their growth mindset and global reach will serve to make cTrader White Labels even more widely available to brokerage businesses out there, while cTrader, in turn, will serve to expand Broctagon’s international client base.”
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Focusing on the Asian markets
Established in 2009, Broctagon’s offering includes multi-asset liquidity for FX, cryptocurrencies, indices, and commodities. It further offers trading technologies to brokers. Headquartered in Singapore, the company has a presence across seven counties: China, India, Russia, Cyprus, Hong Kong, Thailand, and Vietnam.
The company primarily targets financial service providers in the growing Asian market.
Spotware, on the other hand, is known for its flagship product, cTrader. It is one of the widely used third-party forex and CFDs trading platforms by the brokers globally. Over the years, the company has been adding several new services, including copy-trading and a digital asset exchange solution.
“We are constantly striving to serve the financial markets better,” Broctagon CEO, Don Guo said in a statement. “With our stronghold in Asia, partnering with Spotware will allow us to be one of the only technology providers to offer the unique cTrader STP trading platform in the region and elevate the trading environment in the Asian markets with its mature ecosystem.”