Stock brokers can now offer split trades with Devexperts’ DXtrade XT platform

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Munich, Germany–(Newsfile Corp. – June 22, 2022) – Devexperts AnnouncedDXtrade XT, which is a ready-to-use trading platform for exchange-traded instruments, such as stocks (whole, fractional or notional stocks), options, mutual funds and fixed income securities (bonds ). The platform is now available to brokers around the world, who want to provide traders with access to US-listed securities.

DXtrade XT

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DXtrade XT offers modern and clean web and mobile platforms suitable for both professional and novice traders. The mobile app gives investors the ability to manage their accounts and order on the go, which is attractive for onboarding new customers.

With DXtrade XT, brokers can attract more clients by lowering the barriers to entry: their traders can benefit from fractional and notional orders and invest the amount of money that suits them.

On the broker’s side, the manual allocation of split trades can be recorded under the master account, distributed among client accounts and flexibly managed according to the broker’s strategy.

At the same time, this flexibility in investment plans for traders always ensures that brokers are in full control of their order management workflow. DXtrade’s web-based administration portal provides brokers with real-time monitoring of order flow. Brokers can monitor client positions and accounts, adjust risk settings, update platform configurations, and manually manage all registered accounts.

The risk management module of DXtrade XT integrates advanced tools such as the routing wheel. This tool enables automated routing based on criteria such as asset type and destination-based percentage.

Michael Sprachman, Vice President of Trading Platform Devexperts, commented on the launch: “In the design process of DXtrade XT, our team analyzed key broker pain points, strategies to attract and retain new investors, and ways to to further automate risk management.During our market analysis, we have concluded that the majority of brokers are running on legacy systems with outdated user interfaces, therefore, we see a lot of opportunities for DXtrade XT to help brokers to develop their business.”

Learn more or request the demo to experience all the features here:

Elena Gorbacheva
Communication manager, Devexperts
[email protected]

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Dolores W. Simon