FXOpen, the first company to offer MT4 ECN trading solution is now offering this solution to potential White Label partners or even as a stand-alone solution. FXOpen’s innovation was later followed by MB Trading which also introduced its own MT4 ECN however FXOpen has managed to introduce both PAMM accounts and decimal lot trading which I haven’t seen MB introduce so far.
This is very interesting news as this would allow brokers to benefit from FXOpen’s innovation probably with much lower costs and time spent than by developing a similar solution by themselves. Success of this offering would depend on the pricing and a smart business model that FXOpen will offer to its partners but it seems that this is probably the best option other brokers have if they’d like to offer MT4 ECN to their traders.
The PR:
FXOpen was the first broker to offer a pure ECN bridge over the popular Metatrader platform. This was a result of a very intensive period of development and a large investment of resources and funds. FXOpen’s innovation didn’t stop there – immediately after launch of the MT4 ECN trading platform FXOpen continued to invest in development in order to present its clients with the best offering in the market and managed to introduce PAMM accounts as well as decimal lot trading – never before present on a MT4 ECN platform.
The launch of the much demanded service was met with great interest and enthusiasm. The demand for this innovative product was so great that within two months after the release, FXOpen can report over 10,000 new live ECN accounts.
With the Forex market now focusing on pure ECN trading, FXOpen sees great opportunities in offering its MT4 ECN platform to potential partners. With this in mind, FXOpen can now offer its platform both to White Label partners – those who are interested in providing MT4 ECN to their clients (with limited responsibility). FXOpen can also lease a standalone solution to those partners who’d like to manage this innovative software solution by themselves.
Interested parties are welcomed to contact FXOpen’s Partnership Department at cmo@fxopen.com with inquiries.
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FXOpen Investments Inc. is now one of the largest Forex brokers in the world enjoying unprecedented growth with more almost 217,000 active accounts (standard, micro and ECN) and over $65 billion in traded volume passing through its platform on a monthly basis.
FXOpen Investments Inc. has a Category 1 Global Business License issued by the Financial Services Commission (FSC) of the Republic of Mauritius (Company No.: 084573 C1/GBL; Category 1 Global Business № C108006805 License).
“FXOpen Investments Inc.” has the right to govern financial assets of its clients, carry on brokerage activity, make deals and conduct transactions in currency, stock and futures markets. The Company’s activity completely satisfies the requirements of legislation and is controlled by the following laws:
• “Financial legislation 2007, article 93 “Deals”
• “Financial legislation 2005, article 155 “Securities”
• “Financial legislation 2005, article 130″
* Legislation can be found on the website of FSC Republic of Mauritius (http://www.gov.mu/portal/sites/ncb/fsc/homeframe.html).
