Match-Prime has launched an expanded cryptocurrency liquidity offering aimed at CFD brokers. The new service offers higher leverage limits and increased net open position (NOP) thresholds for major digital assets.

Match-Prime Unveils Enhanced Crypto CFD Liquidity Offering for Forex Brokers

The enhanced offering includes leverage of up to 1:50 for Bitcoin (BTC) and Ethereum (ETH) with a 50 million NOP and 1:20 with a 300 million NOP. For the top 10 market cap coins, Match-Prime is offering leverage up to 1:10 with a 10 million NOP, while smaller cap coins can be traded at up to 1:5 leverage with a 3 million NOP.

“Our advanced intelligence systems enable us to manage risk effectively, allowing us to offer such attractive conditions,” Stavros Economides, Chief Operations Officer at Match-Prime, commented. “This ensures that our clients not only benefit from higher leverage but can also operate with confidence, knowing that we have robust measures in place to handle large volumes and market fluctuations.”

Match-Prime, which is regulated by the Cyprus Securities and Exchange Commission (CySEC), provides liquidity for over 50 cryptocurrency pairs. The company said its new offering is designed to cater to both small and large brokers, allowing them to manage substantial trading volumes.

The move comes as demand for cryptocurrency trading continues to grow in the forex market. Match-Prime aims to differentiate itself in the competitive liquidity provider landscape by offering higher leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term and NOP limits.

Finance Magnates discussed this topic recently with Andreas Kapsos, the CEO of Match-Prime, during the iFX EXPO International 2024. “The CFDs on cryptos are very popular right now. For liquidity providers Liquidity Providers A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on Read this Term, it's something that they need to have in their portfolio. As they enter new markets, there are increasing demands for these products,” commented Kapsos.

While brokers typically do not disclose specific figures related to crypto CFDs, Axi reported a trading volume of $16.7 billion in crypto CFDs last March. The volumes were $7.6 billion in January and $10.4 billion in February.

At the beginning of this year, Match-Prime, together with Match-Trade Technologies, the developer of the Match-Trader platform, announced the launch of a joint office in Dubai as part of their international expansion in the MENA region.

New Developments at Match-Trade

Recently, Match-Trade has also been focusing on development in the prop trading industry. Since February, when licensing issues caused one of their main competitors, MetaQuotes, to become less popular among prop firms, Match-Trade has capitalized on this opportunity and is making strides in offering services to a growing number of trader-funded firms (TFFs).

Earlier this month, Match-Trade Technologies unveiled a significant upgrade to its Match-Trader platform, specifically designed to support the growth of prop firms. The enhancement includes the integration of TradingView charts and special pricing for challenge accounts, offering proprietary trading companies conditions to expand their operations.

Looking ahead, Match-Trade Technologies plans to release an update to their proprietary Prop CRM, which will be integrated with the Match-Trader platform to facilitate tournament management and user rankings.

However, Match-Trade is not only onboarding a number of new firms but also suspending licenses for some. This was the case with SurgeTrader in May, whose partnership termination allegedly occurred due to the company's “failure to meet the formal requirements outlined in our agreement.”