Tools for Brokers, a software developer for FX brokers, has opened a new office in London in yet another step forward to realize the company’s expansion into European markets.
The idea of opening a new office in London is not accidental as European B2B space has been one of the priorities for the development of the company.
The move may seem counter-intuitive, especially with a hard Brexit looks increasingly inevitable, and doubts have been raised about many industries’ commitment to their presence in London and the UK more generally. However, the Fintech firm is revving up its decade-long presence in Europe with its new branch in the City, which continues to be a tech hub and a leading talent pool, even as many global firms are looking to leave.
With the addition of London, Tools for Brokers now has five permanent operations hubs around the world. Since 2016, the company has been also operating in Shanghai, which until recently was its headquarters.
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Tools for Brokers expands with a pipeline of MT5 solutions
Earlier last year, Tools for Brokers released a new logo, with the official presentation of the company’s new style, was first announced at the London Summit 2018. In 2017, the company won the Best Automated Performance Tool award at the Finance Magnates London Summit.
Tools For Brokers’ rebranding also came just weeks after the company announced that it had opened a new office in Bangkok.
Tools for Brokers has recently offered a pipeline of MetaTrader 5 solutions, ultimately making most of its key products available to MT5 brokers. The latest development follows on the heels of several years’ experience in which the company engineered MetaTrader 4 plugins for a wide range of financial service venues.
Established in 2009, Tools For Brokers provides software solutions to brokerage firms in the foreign exchange and cryptocurrency trading. The company is also a provider of risk management utilities such as a Broker Business Intelligence (BBI), which gives additional instruments for analysis and reporting across MT4/MT5 platforms.