Broctagon Fintech Group stands as a technology and liquidity provider, and has recently made a partnership with Spotware. Through doing so, the firm became a specialist provider of cTrader White Labels, as well.
A New Partnership
The announcement itself was made on Monday, and the partnership will allow Broctagon to offer cTrader White Label products to brokers, doing so alongside its existing liquidity product offerings.
Alexander Geralis stands as the Head of Business Development at Spotware, and gave a statement about the matter at large. He stated that Spotware was proud to declare Broctagon a cTrader White Label specialist provider, and stands convinced that their global reach and growth mindset will make cTrader White Labels widely available. Through doing so, cTrader will aid Broctagon to better serve and expand the international client base of the provider.
A Bit Of Details
Broctagon, established back in 2009, offers multi-asset liquidity for an array of assets, such as cryptocurrencies, FX, commodities, and indices. Alongside this, Broctagon offers various trading technologies to brokers as well. The company itself holds a presence across seven countries: India, China, Cyprus, Russia, Thailand, Hong Kong, and Vietnam, with its headquarters situated in Singapore.
As for its target market, Broctagon primarily focuses on financial services providers within the ever-growing Asia markets.
Spotware, in turn, is widely known for its cTrader flagship product, and stands as one of the most widely used third-party CFD and forex trading platforms in the world for brokers. Throughout its years of operation, the company had incorporated a number of new services to its offering, as well, including a digital asset exchange solution and copy-trading.
Establishing A Unique Niche
Dong Guo stands as the CEO of Broctagon, and gave a public statement about the matter at large. He explained that the company is continuously trying to better serve the financial markets of the world. As such, the Spotware partnership, according to Guo, will allow Broctagon to be the only technology provider capable of offering the unique cTrader STP trading platform within the Asia region. As such, it will enable the Asian markets to have their trading environment be elevated, maturing the ecosystem at large, Guo said.
It remains to be seen how successful this partnership will be, but its possibility of profit for both parties is quite clear. With any luck, the Asian market as a whole will see itself strengthened thanks to this new partnership.