Your software will make it easy to set stopout levels and automatically implement them to reduce a client’s risk. Strive to provide all the popular fiat payment systems and methods, including the bank wire, SEPA transfer, and credit cards deposit and withdrawal options. If you offer digital asset platform, consider including a digital assets processing service in the back office part. Make sure that back-office software solutions you employ deliver integrations with the most popular trading platforms on the market if you target the mainstream category of traders.

forex back office software

Amaze your clients at every stage of their journey, from onboarding to incentivising, while providing constant ongoing support. An investment system designed to connect money managers with investors and introduce funds with automated profit distribution. Follow FX Back Office on LinkedIn, Facebook and Instagram for news on our latest products, innovations and trading and software insights.

Forex Back Office Software – Intivion Technologies

If you are an owner of a brokerage company or going to start one, you will probably need the best Forex CRM Solutions. We supply brokers with all core Forex Solutions which help brokerages start or improve their business. Customised IB dashboard with access to introduced clients, commissions, and marketing materials.

  • Each trader can become a partner and connect other partners to the network to trade and receive commissions from the spread difference.
  • Shufti Pro is an identity verification service provider offering KYC, KYB, biometric authentication, age verification and AML services.
  • 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.
  • To reduce risk and data protection of customers, the management of user accesses is necessary.
  • The company’s suite of intelligent applications (Forex CRM, Client Cabinet and Partners Area) is scalable and specially designed to grow alongside any business.

Back office forex software must include the ability to manage which actions different users can perform. Although you should have the ability to transfer funds for a client, not all administrators and partners need that ability for every client. To minimize the risk of accidental activity and to protect your clients’ data, managing user permissions is essential. Before purchasing any back-office tool, ask about permissions and settings around user roles. The requested back office should have the balance tracking function for all customer accounts within the financial management of the user. The funds’ transfers between several accounts should also be made available in any currency, credits should be attributed and clients’ rebates issued.

Basic Features Of Forex Back Office Software

The software should also record all the activities of partners and other administrative users so that you can track their work. The client personal area of trader’s room software enables the whole set of essential brokerage operations, including registration, document processing, asset depositing, withdrawal and transfer, and account opening. Given this list, the component functionality should be as comfortable as possible and accessible to the client. Several important features should be provided in your brokerage business in order to achieve this. The back-office software is ideal for providing full access to trading details, such as client balances, client transactions, open trades, running trades, close trades, etc. The MT4/5 integration guarantees that your company operates smoothly and efficiently.

The UK-based company has 5 regional offices and has launched 17 different IDV products since its inception in 2017. With the ability to verify thousands of ID documents in 150+ languages, Shufti Pro serves customers in 230+ countries and territories. FX Back Office works with its clients to create custom front- and back-end features and experiences that are perfectly coded to address today’s business demands. Working with the finest companies in the industry, FX Back Office is committed to creating systems that fully support the operations of international FX brokerages.

Information on the integration

Just let your clients choose strategies and get profit easily by copying orders. It is the first platform that offered STP trading for a wide range of traders and the only open source platform that allows brokers to fully customize the trading platform for the clients. Multiple payment integrations enable your customers to freely choose how to deposit and withdraw funds, resulting in an increase in traded volumes for the business. Of course, handling payment systems is greatly influenced by regulators, but ideally, you should strive to increase the options in this segment of your brokerage. 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. If a customer encounters discomfort in the first stages of familiarizing themselves with a brokerage service, it can significantly degrade chances of retention.

forex back office software

However, the functionality of the administrative module must be properly configured to implement these programs and withstand the possible influx of activity. You should ideally be able to build any report that may be required of you depending on the regulation. The most common types of reports include client wallet reports, registration details, deposit and withdrawal operations, broker-dealer trading operations, etc.