B2Broker, which provides liquidity and technology for the forex and cryptocurrency industries, has licensed Devexperts’ multi-asset and multi-market trading platform dxTrade. This accord allows B2Broker to operate as a Prime of Prime liquidity provider within the dxTrade network, extending its multi-asset liquidity pool whilst allows Devexperts’ clients to access B2Broker’s liquidity.
In addition to dxTrade, B2Broker also aggregates and distributes liquidity via several distribution systems, including OneZero Hub, PrimeXM X-core, B2BX Marksman, FIX API, Tools for Brokers Bridge, and AMTS ECN Bridge.
In parallel with the new agreement, which facilitates access to B2Broker liquidity through FIX API or by connecting to dxTrade directly, the technology provider has also integrated B2Core. Formerly known as Trader’s Room, B2Core enables brokers looking to start their operations to streamline basic functions such as conducting real or demo account opening, as well as payment processes including deposits and withdrawals, and transfer funds between accounts.
Crypto integration is also in play
B2Broker has also integrated its cryptocurrency payment gateway, B2BinPay, which comes at a time when Devexperts has already embraced the growing industry shift towards cryptocurrencies. This has led to the group to integrate crypto spot and derivatives trading to dxTrade, which incorporates A- and B-book, STP, and hybrid models of risk management.
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B2Broker has been highly active over the past few months in terms of its overall business and developments. Additionally, the group strengthened its operations in Eastern Europe, culminating in a new office in Belarus.
Initially founded as a company to provide FX technology solutions, B2Broker has carved a niche in the crypto market as a liquidity provider. This move was borne out to enable smaller brokers, which may not have the leverage to access liquidity from the top tier providers, to be able to source such liquidity from B2Broker.
Arthur Azizov, Founder and CEO of B2Broker, commented: “Our goal to become a global Prime of Prime liquidity provider became a reality thanks to our tailored version of dxTrade which, in combination with our technology and depth of liquidity, makes our offering unmatchable in the industry.”
Evgeny Sorokin, SVP of Software Engineering, Devexperts, added: “We are pleased that B2Broker has chosen our modular multi-asset trading platform. dxTrade can be configured to serve different clients in different markets and I am certain that our technology will assist B2Broker with their expansion.”