Forex and CFD broker, Markets Act, has announced a partnership with Spotware. According to the trading platform, the collaboration will enable the cTrader platform to be integrated into its trading offerings.
This comes at a time when Spotware is leading a series of expansionary moves. It recently opened a regional brand in Kuala Lumpur, Malaysia. According to the announcement, the office will focus on sales, business development, and marketing support to traders, proprietary trading firm, and brokers.
Spotware Will Utilize Market Act’s Tools To Enhance Trading Experience
The platform chose Malaysia as the region that has been seeing an increased interest in brokerage business lately. Malaysia has a strategic location for brokers as they can have clear access to regional financial markets in the Asian region.
Chief Commercial Officer of Spotware, Michael Quirk, commented on the partnership. According to him, Markets Act was chosen for the partnership because of the broker’s advanced, but user-friendly interface. The interface supports algorithmic, manual, and copy trading.
Additionally, the platform enables fast execution and level II pricing, as well as features that improve trading efficiency. Most traders are looking for trading platforms with easy-to-use features but still advanced enough for all types of tools. Michael said this partnership will offer all the advanced trading features needed for traders to easily and quickly executive their trades.
cTrader offers FIX API and open API access, which enables developers and advanced users to customize their trading environment. The platform is easily accessible across various channels, including desktop, web, and mobile devices.
The Collaboration Will Enable Market Act To Expand Its Operations In Asia
Michael added that the collaboration with the Markets Act strengthens its position of offering users scam protection tools as well as best-in-class technology. It represents both companies’ shared vision of offering a customized trading experience for all types of users. This gives them the competitive edge required to succeed in today’s fast-moving markets.
The collaboration and integration of both platforms include customizable alerts, mobile-first design, and cloud-based algo trading features. Traders will also have access to plugin integration, which allows them to add third-party tools to the platform.
They will also have the cTrader Invite referral tool that allows them to share tracking management and other trading resources. According to both platforms, the collaboration will help Markets Act to expand its operations across the ASIA and MENA regions. It will offer a feature-rich and more flexible trading environment for traders.