There are tracking options allowing broker admin to monitor and assist in the sign-up process. FX Meta Tech gives you full access to trading information such as consolidated customer balances, customer transactions, open trade, running trade, closed trade, etc. Time, money and experience are the three key things you need in order for your business to boom.
Thus, brokers will be able to manage the risks of their customers better and help them conduct fully active trading activities. Get the most profitable fully licensed fx/crypto brokerage software or ready-to-operate business in 48 hours. Best-in-class web & mobile trading platforms, sales-driven CRM, full integration with MT4/5, and https://www.xcritical.in/ 150+ payment providers. The admin area is the most essential component in the structure since it controls, organizes, and structures comprehensive information about customer activity, including trade data, its type, duration, etc. This area allows the view of detailed statistics and reports on various criteria and parameters.
These services have gained popularity due to the development of Forex trading, as it became necessary to quickly determine what value a certain amount of one currency has in relation to another. Forex back office has become an indispensable tool for such organizations, because they have adopted part of the success of the popularity of Forex trading. The broker can set MT4/5 server configuration, portal customization, set leverage, set account groups & limitation, payment method & many more. Whenever a client request for deposit/withdraws/internal transfer, the broker can manage the request or automate the request from here.
- Let’s consider below the key functions that can be found in the FX back office solution.
- Although the visual shell is just a signboard that hides the most important functionality of trader’s room software, you can’t underestimate the importance of this feature for your clients.
- Also, This indispensable tool provides companies with the tools they need to deliver exemplary service quality and minimize risk in every step of their processes.
- You can combine user actions into different sequences, and your clients can receive bonuses based on their actions.
- Fortunately, innovative custom-built trading platforms are available that can bring a range of advantages, from high security and increased efficiency to unbeatable user experience.
Each trader can become a partner and connect other partners to the network to trade and receive commissions from the spread difference. This module allows you to upload all the necessary information that is somehow related to the affiliate program, keep records on the number of partners, and also access the data of the partners themselves to analyze their activities. Forex back office software has an extended https://www.xcritical.in/blog/forex-back-office-software/ range of various useful functions that allow you to flexibly configure numerous parameters related to clients, their verification, reporting, etc. Let’s consider below the key functions that can be found in the FX back office solution. The first and main component of Forex back office software is the user interface, which is the repository of many functions available within the Forex CRM platform.
Client financial account management
However, in the case of existing Brokers, we also have services & modules to maintain and improve their operations. These are just some of the benefits of using our CRM which helps you to easily manage your day to day activities. If your forex firm works with introducing brokers (IBs), then your back office software needs to allow you to calculate and pay partners commissions and rebates.
Partnership (affiliate) programs are one of the best ways to attract new clients to your platform, as well as to increase the traded volumes. However, the functionality of the administrative module must be properly configured to implement these programs and withstand the possible influx of activity. The main thing that can pose a threat to your business is jeopardizing your clients’ personal data and funds.
Once connected, you get a fully controlled system that allows you to securely receive
end-user funds, as well as provide you detailed reports and analytics, and much more. The TickTrader Trader’s Room software package
is delivered with ready-to-use integrations with the most requested
trading platforms on the market – MetaTrader 4, MetaTrader 5, and
TickTrader Trading Platform. Trade Soft is one of the leading technologies and service providers in the Forex brokerage industry. We became an influential force in the Forex market and maintained our position at the front line of brokerage technology.
Syntellicore is fully integrated with Zendesk, keeping all communication with potential and existing customers made through Zendesk Chat, consolidated into each customer’s record. The brokerage firm can analyse the history of communication with clients from all members of the team, be it by phone, chat, email and ticketing. Generate various valuable reports using the advanced configurable Reporting Tools provided. Use rich and fully customizable dashboards to visualize comparisons, manage risk and compliance, view patterns and trends in sales, as well as in marketing. Every report you will ever need can be accommodated within your Syntellicore Forex CRM. The back office is a service or technology that deals with the office’s administrative and logistic tasks enabling the front and the middle office to operate properly.
Real-time account monitoring
In this case, the system recognizes the activity as suspicious and reports it to the control center for further verification. Since the Forex market is very popular, there are many scammers trying to swindle money with various frauds, so this feature is a necessary element. Our main objective at FX Meta Tech is to make sure that each one of our clients has the system they are in need of. FX Meta Tech provides total start-up solutions for a new Broker it offers a number of additional rich features and other services.
If necessary, you can connect any other CRM
software with help from our technical department. Our expertise in working with a wide variety of
platforms ensures the shortest launch times. You will receive a
functioning product in a period from a couple of hours to several
days. Converters are special services that help to carry out the process of converting one currency to another.
Forex back office software allows you to systematize and organize all the necessary information that comes from the stage of registering user accounts and ending with trading on the market. Being an important element of many Forex CRM systems, the back office provides a great advantage for brokers who have a large client base and wish to manage it effectively. Since such solutions are quite expensive, before making a choice, you need to decide on the selection criteria. Moreover, as mentioned above, many Forex CRM systems already have back office functionality on board, so purchasing the CRM platform itself can be a more profitable option than just buying a Forex Back office. This system allows you to conduct a comprehensive assessment of the behavior of each individual user and identify suspicious activity that does not correspond to the cluster of his behavior. We are talking about those cases when the trading activity of traders undergoes serious changes and becomes completely different from what it was originally.
Syntellicore is a powerful CRM and Back Office system developed for Forex Brokerages and Financial Organisations who are dedicated to offering a higher level of Customer and Partner Experience. Syntellicore is integrated with an intuitive Trader’s Room, it can be customised to match the Broker’s exact business model and optimised to match existing complex procedures through a user friendly approach. Customised IB dashboard with access to introduced clients, commissions, and marketing materials.
Back office software for forex brokers should have simple reporting tools so that you can access data about the actions of clients, partners, and other administrators. The software should let you generate reports around trading activity, earnings and losses, deposit amounts, and CDF dividends. Those reports can help you determine how to best market to and re-engage existing clients.