FX Back Office harmonizes advanced technology and industry expertise to offer an innovative, all in one solution for Forex Brokers. The company’s suite of intelligent applications (Forex CRM, Client Cabinet and Partners Area) is scalable and specially designed to grow alongside any business. Forex back office software has an extended range of various useful functions that allow you to flexibly configure numerous parameters related to clients, their verification, reporting, etc.
- Forex back office software is full of beneficial tools for brokers to increase profitability and decrease operational costs.
- A sales manager or broker admin will receive a notification by email upon a sign-up.
- Ivan explores how this industry-leading CRM/traders room solution embraces a huge range of capabilities to offer a unique, customisable service for clients that can be easily tailored to fit each type of organisation.
- Trader’s Room delivery package includes our commitment
to supporting you at every stage of integration and servicing. - Back office forex software must include the ability to
manage which actions different users can perform.
Please pay attention that we don’t provide financial services on behalf of B2Broker LTD. We provide financial services on behalf of companies that have relevant licenses. For this reason, a Forеx broker business model is a very popular route, and with the advantage of being easy to setup, is the number one choice among our clients looking to start a successful revenue-generating business.
Integrate FX Back Office with Leading Forex Trading Platforms
360-degree view & control of incoming deposit/withdrawal requests from your clients, you are effectively minimizing the processing time and thus increasing client satisfaction. Although KYC requirements may be the most common regulatory rule, there are many others that your firm must fulfill if you are licensed with a regulatory authority like FCA, ESMA, and CySEC. Forex back office software is an excellent solution to the challenges or forex back office software regulatory requirements. The reports and records the software can produce make it much easier to show regulators how your firm operates and to obtain the data you’ll need for licensing. Our special module for Introducing Brokers includes supporting referral programs with up to 30 levels including real-time accruals. Deposits, withdrawals, trаding activity and any other custom reports can be created and automatically sent to your email.
FX CRM systems help to speed up the trading process, making it less labor-intensive and saving time. They automate many of the tasks involved in trading, such as order placement and management. A Forex CRM system can help improve internal operations, but it’s essential to make sure that your focus remains on the customers. Increasing customer engagement and planning for the future are things that a CRM system for your brokerage business can help you with.
Basics to Know About Forex Back Office Software
Forex CRM solutions help brokers keep track of potential customers and assign responsible managers to contact them with all necessary trade information. By automatically assigning a manager to each prospective customer, the Forex CRM solution ensures that each one receives timely and accurate information. This helps brokers build strong relationships with their clients, which is essential for success in the forex market. A reliable Forex CRM allows a brokerage firm to communicate effectively with its customers while also establishing relationships with traders and newcomers to the market who may trade on the broker’s platform. Lead generation, interoperability with MetaTrader 4 and MetaTrader 5, reporting, multi-level IB, and other communication tools may all be integrated into the system by the broker.
Our e-wallet feature enables you to manage both internal and external transfers including transfers from MT4/MT5 to your e-wallet, IB commissions and e-wallet transactions. The product provides ready-made integrations with Zoho
and Microsoft Dynamics CRMs. If necessary, you can connect any other CRM
software with help from our technical department. Clients have access to authorization through email,
as well as more than 15 social media integrations, including LinkedIn,
Twitter, Facebook, and others. Our expertise in working with a wide variety of
platforms ensures the shortest launch times.
Key Features of Forex Back Office Software
Even though most modern CRM solution systems offer an extensive and diverse ability, each of them has both positive and negative sides. However, very often, brokers are faced with the fact that the trading platforms may not have all the functions that are necessary for productive work. If you have ever worked in the Forex industry, then you must have used soft such as Forex CRM or trading platform. At the same time, it doesn’t matter at all how experienced a trader you were, because absolutely everyone uses this software.
Every client registered within Trader’s Room gets
access to the built-in proprietary exchanger, which can be used to exchange
one type of asset for another without switching to another trading UI. System
administrators can configure settings such as exchange rate and trading
platform connections. Trader’s Room includes https://www.xcritical.com/ both admin-side and
client-side safety features to ensure comprehensive protection
for data and funds. As an industry-leading Forex CRM provider, our innovative solution allows Forex Brokers to push their business forward with a tailored system that is easy to use and works in harmony with different components.
Integration with Trading Platform
Through Trade Soft, brokers can access a combination of FX Platform, our fully hosted service, and ultra-low latency connectivity to their choice of liquidity providers. Whether during or post-registration, clients can share relevant documents for immediate review. Your team can send auto-reminders from the document center to chase incomplete document uploads and increase client approval rates. KYC (Know your clients), the form can be customized with any field & clients can upload verification documents.