FDCTech, a forex and CFDs trading technology provider, today revealed its newest offering for Forex and CFD trading platforms, Condor FX Pro 5.0. FDCTech’s flagship product provides an institutional trading suite for professional clients with proprietary charting tools, advanced order types, level II pricing, and instant entry and execution.
Condor FX is fully integrated into a native back office, reporting, and management technology, as well as desktop GUI, webtrader, and mobile terminals.
FDC Founder and CEO Mitch Eaglstein said he expects Condor FX Pro 5.0 to be an alternative to Metatrader, adding that they already signed licensing agreements with seven financial institutions before the official roll-out date.
FDCTech, formerly known as Forex Development Corporation, has also completed API integration with one of the leading bridge and institutional liquidity providers, PrimeXM. This includes an ongoing partnership that works to foster low-latency processing of financial transactions, harnessing PrimeXM’s proprietary order routing service, the XCore.
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PrimeXM, in turn, offers through MetaTrader 5 Gateway low-latency connectivity to over 120 providers of forex and CFD liquidity. The Swiss-founded technology company is also a provider of FX bridge aggregation and institutional hosting solutions.
FDCTech modifies its branding
As the global financial spectrum is increasingly shifting toward some level of crypto and blockchain adoption, FDCTech has consequently modified its branding, to illustrate the company’s commitment and determination to develop blockchain-related technologies.
Last year, the Fintech firm rebranded to FDCTech Inc. and has not refrained from adjusting its agenda to reflect the growing global demand for the crypto technologies. At the time, it said the new name highlights its business goals to expand the suite of services in the cryptocurrency for FX brokers and other market participants, “looking to capitalize on the adoption and acceptance of digital currency.”
Before that, the New York-based company has been recognized across the industry as a provider of technology packages that equip companies to operate as prime brokers.
Also, in August 2018, FDCTech was granted a public listing status by the Securities and Exchange Commission (SEC), which is often is used by companies to register their securities before they go public.