Abstract:BlackBull Markets, a New Zealand-based FX and CFDs broker, has launched the BlackBull Trade trading platform, powered by Devexperts' DXtrade. The platform offers margin trading across various assets, and includes updated features and tools for user experience and risk management.
The multi-asset trading platform, BlackBull Trade, from New Zealand-based FX and CFDs broker BlackBull Markets is powered by DXtrade from Devexperts. Customers may engage in margin trading on this cutting-edge platform for a variety of asset classes, including forex, cryptocurrencies, and CFDs on stocks, indices, energy, and commodities.
DXtrade is a SaaS (Software-as-a-Service) tool created by Devexperts that is specialized for the retail FX and CFD market. To improve the user experience for both broker customers and traders, the platform's functionalities have been improved by the financial software supplier. Among other things, updates include a redesigned online UX/UI, and additional capabilities for managing subscriptions, ex-dividends, and cash transfers.
BlackBull Markets has integrated the vendor's API in partnership with Devexperts, allowing its customers to transact directly on TradingView using their BlackBull Trade accounts. The recent expansion of the broker's partnership with the expert charting and trading platform includes providing free access to the premium TradingView Pro package.
Users of BlackBull Trade have the choice to trade using web-based or mobile apps, and the platform includes tools for price analysis, trading robots, expert advisers, and copy trading. The platform was created with user-friendliness in mind, and it also offers sophisticated charting tools and a wide range of risk management features.
In a statement on the new platform, BlackBull Market's managing director, Michael Walker, expressed excitement: “With BlackBull Trade, we are going to offer our clients a new level of user experience, which they can hardly find with any other broker.”
In response to the agreement, Jon Light, Director of the OTC Platform at Devexperts, said: Our trading platform can serve customers all over the globe; it complies with all laws and takes diverse trading philosophies into consideration. We think BlackBull customers will fully enjoy their trading experience and will appreciate all this new platform has to offer.
DXtrade, which debuted in May 2020, immediately acquired popularity and signed up big names as liquidity providers for the trading platform. The white-labeled solution provides a configurable backend for effective risk management and trader segmentation, as well as the advantages of current custom platforms for brokers' dealers and administrators.
Brokers have complete control over the platform's design, setup, back-end settings, and user interface. In addition, they may manage their subscriptions to third-party services and access widgets for cash movements and ex-dividends. A greater level of automation and customization is made possible by these built-in capabilities, giving brokers the ability to improve user experience, increase client acquisition and retention, and develop unique solutions for different client categories.
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