There has been another market partnership within the foreign exchange (forex) space this Monday between cTrader, the FX and CFD trading platform created by Spotware, and Gold-i.
In particular, broker’s using the cTrader trading platform are now able to connect to Gold-i’s Matrix NETwork. Through this connection, brokers will be able to access multi-asset liquidity, which spans across FX, equities and cryptocurrencies, as well as use Gold-i’s advanced liquidity management tools.
Commenting on the partnership, Alexander Geralis, Business Development Manager at Spotware said in the statement: “We believe in providing cTrader brokers with tested solutions that add value in how and what options they have to manage their price feeds and liquidity. Gold-i’s Matrix is a good tool in terms of aggregation, reporting and routing. Whilst these tools are traditionally used more by large brokers, start-up brokers are becoming increasingly sophisticated and demanding them as well.
“We are pleased to have worked on this integration with Gold-i. Forward-looking integrations, such as this one with Gold-i, are part of our strategy and one of the reasons why cTrader continues to capture market share. In today’s competitive market the broker really needs to have all the options and flexibility available and we also believe that FX brokers need to offer a variety of asset classes as it is becoming increasingly difficult to specialize only in FX.”
The cTrader platform is one of the most prominent forex and CFD trading platforms in the industry. Matrix Net, on the other hand, is an extension of Gold-i’s multi-asset liquidity management platform, Matrix.
Gold-i partnered with cTrader following client request
“We began this partnership at the request of a client who was keen to use the cTrader platform,” added Tom Higgins, CEO, Gold-i in the statement. “The integration not only enables cTrader brokers to access the Gold-i Matrix NETwork but also provides increased flexibility and added value for our clients who may wish to use cTrader as an additional platform. cTrader has an excellent reputation amongst brokers of all sizes and we look forward to this new, mutually beneficial partnership.”