Another partnership emerged in the rapidly evolving fintech sector. According to recent information, a major trading technology provider for retail and institutional brokers, FXCubic, decided to partner up with Tradesocio. The goal of the partnership is for FXCubic to join the other firm’s marketplace initiative, which offers a fintech platform for brokerages, investors, fund managers, and alike.
About FXCubic and Tradesocio
Tradesocio is a Singapore-based firm, which operates internationally, with offices in other countries, such as Cyprus and India. Its wide reach and professional service have made it a popular source of fintech solutions among individual investors, as well as institutional ones.
The firm’s best-known product is its Alpha Suite platform, which lets brokers access additional investor-level products. That way, brokers get to extend their offering and reach new clients. Its Marketplace initiative, which attracted multiple partners apart from FXCubic, allows investors, brokers, fund managers, business introducers, and others to join together on a single platform. They can make use of fast tracks investing, which is mostly automated, easy, and quick.
On the other hand, there is FXCubic. When it comes to the competitive finance technology sector, FXCubic is a relatively new arrival. However, the company offers pricing engine, as well as order routing solutions which made it quite successful very quickly. Its services include aggregation, bridging, as well as risk management solutions, which allow its clients to manage CFD and FX brokers’ offering.
How will the partnership affect the two firms?
Tradesocio came up with its platform a while ago, and the company spent the last several years trying to make it available to as many clients as possible. Naturally, this meant expanding to different countries, and one of the easiest ways of doing this was through partnerships. Meanwhile, the firm also partnered up with multiple large brokerage companies, as well as liquidity providers.
Some of the best-known partnerships so far include those with ArgusFX & JFD Brokers, GMI UK, and Blackwell Global. Now, FXCubic is added to the list of the company’s partners, alongside MetaQuotes, Shift Forex, ForexWare, PrimeXM, Think Liquidity, and other technology firms.
The new partnership with FXCubic has brought a lot of excitement to both companies, and FXCubic’s CEO, Ege Kozan, commented on it by saying that it is a pleasure to become a part of Tradesocio’s Marketplace. This is an international network that will bring financial organizations and tech providers closer. The move is also a big step in the right direction for FXCubic.
Thanks to the partnership and access to Tradesocio’s Marketplace, the company will be able to connect with others, share their expertise with others, gather new clients, and likely even new partners.
Meanwhile, Tradesocio’s representatives commented as well, with Wael Salem — the firm’s CEO — stating that the company is pleased to welcome FXCubic as part of their network. With the partnership, the company expects to see increased liquidity. It also hopes to see additional choices being offered to financial institutions, which is what fintech providers within their network do best.