This partnership will provide banks, brokers, asset managers, and other buy-side institutions, with a full fintech solution combining digital investment and trading technology from Tradesocio with market-leading institutional liquidity and global scale from FXCM Pro.
FXCM Pro’s market-leading institutional liquidity will become available to Tradesocio’s client base in New York and London. In return, FXCM Pro’s clients can enjoy access to Tradesocio’s customisable trading technology, providing automated and fast track investing for its clients.
The move provides a smoother trading experience during a time of high volatility and increased trading activity. During times like this, optimal trading technologies are vital for clients in cutting down operational costs while still retaining high levels of efficiency and liquidity in their trades.
Tradesocio’s Investor Trading Platform provides clients with accurate real-time data, reporting tools and an advanced infrastructure for trading. The platform is fully customisable and can be scaled in line with a broker’s growth requirements, without disruption to its services.
By partnering with Tradesocio, FXCM Pro will ensure its clients keep pace with the highly competitive broking and trading sectors while benefiting from being at the forefront of fintech innovation.
Wael Salem, CEO of Tradesocio, commented on the partnership:
“We are very excited about this partnership which combines a complete, front-to-back-end fintech solution from Tradesocio with FXCM’s state-of-the-art liquidity offering and risk tools. This partnership will enable brokerage firms, investment managers and hedge funds digitise their existing services, build a scalable mass affluent platform and tap into new revenue verticals.”
Mario Sanchez, Managing Director and Global Head of FXCM Pro, commented:
“Technology is undeniably playing a greater part in broking and widening participation, and as an industry, we are in a great position to reap the benefits of modern fintech solutions. This partnership shows how FXCM Pro continues to be at the forefront of adopting institutional-grade trading technology to ensure our clients are able to and trade with confidence and have the best tools at their disposal when it comes to sourcing liquidity and executing trades.”
Headquartered in Singapore, Tradesocio provides digital technology that enables financial institutions worldwide to access, manage and offer unique investment management and brokerage solutions to their customers. We provide a complete end-to-end financial management offering, from development, hosting and maintenance, to security and post-sales technical support. Tradesocio has grown from a start-up in 2015 to a global fintech company with over 150 employees, Operational HQs in Dubai and offices in Cyprus, India, and soon, London.
FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.