Tools for Brokers Enhances Offerings for Prop Trading Firms: Brings cTrader Package

Tools for Brokers, a prominent technology provider in the brokerage industry, has enhanced its offerings to prop trading firms by introducing a cTrader package tailored specifically for this growing sector. Announced yesterday (Tuesday), the new package provides prop trading companies with an all-in-one solution to either launch their business or elevate their existing operations.

Growing Demand for Prop Trading Specific Tech

The technology provider detailed that the cTrader Prop Trading package will include products like cTrader Terminal Pack, cTrader Copy, and cTrader Invite Affiliate Program, along with Tools for Brokers’ own products such as the Trade Processor liquidity bridge and risk management solutions.

Additionally, Tools for Brokers will assist prop trading companies with initial setup, migration services, and ongoing technical support.

Along with the prop trading-specific package, Tools for Brokers introduced a cTrader Main Label, a white label solution for companies that either already have a full cTrader license or are planning to obtain one but require assistance with setup and maintenance.

Under the cTrader Main Label package, the technology provider will offer solutions such as risk and client management, as well as around-the-clock technical support. Furthermore, it will assist companies with onboarding.

More Players Are Entering Prop Trading

Tools for Brokers is a trading industry technology provider offering turnkey solutions to brokers. Its clients include retail brokers, hedge funds, and prop trading firms. Recently, it partnered with companies like SALVUS Funds, Devexperts, and Broctagon to enhance its solutions.

The company added the prop trading solution as this sector is experiencing significant growth. Many retail brokers, including OANDA, Axi, Trade.com, and IC Markets, are offering prop trading services, with others planning to roll out their offerings. The industry is also seeing many new smaller players, as the entry barriers remain low without strict regulatory requirements.

The size of the prop trading industry can be gauged by the fact that FTMO, one of the oldest companies in this space, generated a turnover of over $231 million in 2023, with an EBITDA of nearly $100 million, as recently reported by Finance Magnates.