Webinar: How Brokers Put Their Tech Together in 2026 May 4, 2026 May 8, 9:00 AM UTC Broker infrastructure is moving away from tightly coupled platforms toward modular, API-based models that are easier to change and extend. In our upcoming webinar, Jon Light (Devexperts), Tom Higgins (Gold-i), and Aeby Samuel (FYNXT) will walk through how brokers are structuring their technology today and what is driving those decisions. You’ll see: Why all-in-one platforms create change bottlenecks How to separate core systems from modular components What a consistent integration model looks like How brokers combine platform providers with specialized partners Where white-label solutions support faster launch without limiting future changes We’ll also look at what is shaping the next phase of brokerage technology, including AI in operations, broader venue connectivity, and systems designed for continuous adaptation. Register to join the session on May 8 at 9:00 AM UTC
A Trinity of DXtrade, Devexa, and DXcharts to Power a Funded Trader Firm May 17, 2024 About the Client The client is a young and ambitious capital-backed trading firm based in Europe. The firm is generating traction by disrupting the market with a progressive approach to servicing funded traders. They run a ‘no challenges, instant funding’ model, and have distinctly concise, transparent, no-padding comms and branding. Although they are comparatively new on the scene, they know how the industry works (clear from how they’ve managed to carve out a niche). Their expectations from technology vendors match their ambition: they are driven and want to deliver a certain standard, with whatever functionality is needed to do so, even if it doesn’t exist yet. Business Challenge As a rapidly growing firm, the client faced a two-pronged challenge in meeting the evolving needs of their expanding user base. Firstly, they required a trading platform solution equipped with professional-grade charts for technical analysis, enabling users to trade directly from it — a critical necessity for their predominantly short-term trading activities. Secondly, as the company experienced rapid growth and increased user numbers, they sought a solution that could scale seamlessly without compromising the quality and performance of the trading platform. In essence, the client’s requirements reflected the twin imperatives of delivering advanced functionality to support professional trading activities while ensuring the platform’s ability to adapt and scale in lockstep with its burgeoning business growth. These were the client’s initial challenges when first engaging DXtrade, but as we learn in the results section, the partnership evolved into an example of what is possible when an ambitious client with specific goals partners with a flexible vendor. Solution DXtrade CFD SaaS Devexperts offered the SaaS trading platform, DXtrade. The platform is complemented by DXcharts, a feature-packed library, carefully developed to support advanced technical analysis tools and seamless trading directly from the charts — a critical feature for the predominantly short-term trading strategies favored by the client’s user base. One of the key strengths of the solution was the scalability and customizability of the platform. DXtrade SaaS is designed to seamlessly adapt to rapid growth in user numbers without compromising productivity or performance. This flexibility allowed the client to focus on their core business objectives, with peace of mind that their trading platform could evolve effortlessly with their growing user base. Inside the DXtrade SaaS trading platform Devexperts also offered round-the-clock support, meaning the client would receive immediate assistance and guidance when needed. Within a few weeks, the client launched on DXtrade SaaS. DXtrade is the ideal platform for props as it gets them up and running quickly with a full package solution, and then gives them the support and flexibility to scale and grow at whatever pace they need. — Jon Light, Director, Product Management, Devexperts DXcharts The DXtrade platform and DXcharts (the version at the time) were successfully implemented for the client. Although Devexperts landed the deliverables, the client identified additional needs from the charting. There were other features and capabilities that they believed would make it a stronger product; obviously for them specifically, but also more broadly for the market. For Devexperts, the general approach is ‘if it makes sense, we’ll find a way to do it’. This is how the new version of DXcharts came to be. It wasn’t just a few tweaks to cater to the client’s extra needs, it turned into a full-scale revamp, with a ‘while we’re at it, why don’t we optimize 𝔁 and 𝒚, and add 𝔃’ approach. The client was willing to pilot the modernized version, and being satisfied with the results, became pioneers of the new DXcharts. Example of DXcharts’ Web UI Customizable DXcharts Mobile, ready for white-labeling As the product manager for DXcharts, this project stands out, as it led to a new version release. We are always focused on regularly updating our charts with the latest features, and when these advancements can be driven by real scenarios constantly appearing on the radar of brokers, the result will always be more optimal. — Denis Krivolapov, DXcharts Product Manager, Devexperts Devexa This success coincided with the launch of a separate R&D project. Devexperts had been experimenting with an AI-powered solution that could be embedded within a firm’s trading platform as a widget, to bring together in one place, all the different technology functions a firm needs to run for engagement — automated chatbots, messaging channels (WhatsApp, Telegram, WeChat etc), group chats, syndication of market news feeds — all synced for ridiculously streamlined engagement. Think targeted broadcasting, push notifications, marketing campaigns, account support, and customer support, all executed from one widget. Devexa’s Operator Workspace Devexa Widget inside DXtrade The project, now known as Devexa, aligned with the client’s engagement and retention needs, and they quickly became a guinea pig. This style of collaboration between vendor and broker is super productive; everyone benefits: the client gets a first-of-its-kind technology, tailored to their needs, and Devexperts launches a product already tried and tested, with real benefits for other brokers, pushing the industry forward. At the client’s request, Devexperts upgraded Devexa by incorporating trading history and user portfolios into its analytics. This enhancement allows Devexa to personalize news for each trader based on their specific data, using its AI-driven recommendation engine. To further enhance engagement, Devexa now sends targeted news directly to users, with real-time notifications designed to prompt immediate action. This development was a collaborative effort, tailored to meet the client’s specific needs. Additionally, the client and Devexperts can adjust the intensity of these notifications by fine-tuning the recommendation algorithms. From a vendor perspective, this is the ideal type of client. They provide feedback and areas of improvement, and then are willing to pilot the response, allowing all parties to progress. We have to say that we are thankful to this client, it was mutually beneficial to a degree that is unusual for typical Devexa licenses. We hope we can foster more client relationships like this, so our products keep evolving in tandem with what the market needs. — Togay Aytemiz, Product Manager, Devexperts DXtrade Enterprise After about eight months in production, the client realized they wanted greater influence over the product backlog of DXtrade. As their long-term vision required more flexibility than what a standard license could offer, Devexperts upgraded the client to a DXtrade Enterprise. Under the Enterprise agreement, the dedicated delivery team is looking after the client, and both the priorities and the exact requirements are in the hands of the client, offering limitless possibilities. We wanted a vendor that was willing to think outside the box with us, and not be rigid with what they could and couldn’t deliver. Devexperts really did this – they were receptive, took on board the gaps we were able to find in their products, and went beyond a SaaS style engagement to adapt the products to what we needed. — Director, the Client Results The client began with the default SaaS option of DXtrade, then drove the evolution of DXcharts, upgrading and piloting the new release. They then opted in for Devexa and increased the number of use cases for the AI-powered omnichannel platform. For the cake-topper on the partnership, the client later realized they would like to influence the product backlog of DXtrade. Their longer term vision required more flexibility than a standard license allows, so Devexperts was more than happy to accommodate this by upgrading the client to an Enterprise license where anything is possible. We are working with a lot of firms, both start-ups and the more established ones, but this client stood out—they knew exactly what they wanted, and are very driven and focused on growth. They made their expectations from us clear and emphasized the importance of a quick and smooth implementation. We have worked tirelessly and continue to do so in delivering high-quality software and tools, allowing them to make the most of the momentum they are experiencing. — Olga Von Bahr, Account Manager, Devexperts
Trading Platform for a Funded Trader Firm in MENA Region May 9, 2024 About the Client With a global network of traders, this client is a formidable presence in the funded trading industry. The Middle Eastern firm operates internationally from Dubai and has no plans of slowing down or plateauing. Their focus remains on retention and evolving where needed to continue rapid expansion of their user base. Business Challenge The client was ready to scale with ambitious growth plans, but this required a trading platform capable of supporting this trajectory. They also outlined additional objectives: User analytics indicated their clients liked to trade on the go. They needed native mobile applications for Android and iOS. Connectivity with liquidity providers, through FXCubic aggregator. The client was seeking a vendor that could provide an all-encompassing solution. Solution Platform capable of supporting growth DXtrade is a white-label platform with a proven ability to grow with a business of a broker or a funded trader firm. It has allowed both start-ups and established firms to significantly expand their user base, without compromising performance. Mobile trading DXtrade includes a duo of independent, native mobile apps. The exclusive app would mean the client is not subject to the risks associated with a pool application app (where a vendor’s app is shared by multiple brokers). This would give the client a level of control, flexibility, and security optimal for growth, along with meeting the expectations of their clients —trading on the go, with a responsive app. Connectivity with liquidity providers Although FXCubic integration (a priority liquidity aggregator for the client) was not originally included in the basic DXtrade SaaS package, Devexperts typically includes such integrations at no additional cost. This benefits this client and everybody else running their business on DXtrade. Personalized delivery and maintenance As part of our DXtrade SaaS offering, the client would benefit from 24/7 technical support, with immediate access to a team of experts, on hand to provide guidance whenever needed. Results DXtrade’s solution was implemented within just two weeks. FXCubic was successfully integrated; the integration project team faced no impediments, thanks to the standard FXCubic API and the availability of numerous ready-made connectors, adapters, and tools for connecting liquidity providers and aggregators. The accelerated process both sped up the time to market, and reduced costs and resources, helping the client remain aligned with budget targets. The smooth transition to the new platform was enthusiastically received by traders, with the native mobile app allowing them to access the platform anytime, anywhere. The project was a success, with each of the client’s objectives met, and their expectations around quality, flexibility and execution of delivery exceeded. This was an interesting project to work on — although it seemed like a standard, straightforward platform transition to DXtrade, it’s not unusual that we encounter unexpected obstacles within the client’s existing infrastructure. In this case, it was facing the loaded backlog, but we overcame this in a professional manner, and managed to deliver on our promise. — Olga Von Bahr, Account Manager, Devexperts Devexperts were flexible, especially around our liquidity integrations, and the communication was always clear. They are responsive and willing to adjust the project and timelines to make sure the execution is right. — Project Manager, the Client
DXcharts for Mobile Platform: Implementing Native Charting for iOS and Android Apps March 18, 2024 Business Challenge According to a recent study, mobile traffic is growing yearly. This includes increased usage from professional and amateur traders who access the market 24/7, thanks to the new flexibility that mobile versions of desktop trading platforms provide. DXcharts received a large volume of requests that indicated, despite these trends in end-user behavior, there was yet to be a native charting library offering for iOS and Android mobile applications. The only solutions available on the market were, in fact, web-based solutions that just mimic native apps and aren’t ready to facilitate the full capabilities of modern mobile devices. Given the significant number of users transitioning to mobile applications, there is a clear need for charting capabilities. The DXcharts team saw this as an opportunity and decided to use their accumulated industry experience to build a solution that would align with the quality expectations and standards of the capital markets industry. Solution The Devexperts team was already experienced in building native mobile solutions with charts and various technical analysis tools. There were multiple ways to provide a solution: Take our legacy libraries and update them to align with modern quality standards. However, this approach presented many technical challenges, which could lead to an outdated solution that does not meet modern users’ needs. Start from scratch. This path didn’t fit our lean approach and objective to quickly deliver a quality solution to the market. Use the core of our advanced web charts and logic to build a mobile solution. The third option seemed the most promising. We evaluated the effectiveness of this strategy and concluded the approach offered numerous advantages: Accelerated time to market. By building on the core of web charting with mobile-optimized code (for better UX), there was no need to start from scratch. Reduced cost. The chosen option did not require a large team and could be implemented quickly. Met all objectives. A native application tailored to mobile traders’ needs filled the identified gap in the market. Results Mobile and desktop traders’ user scenarios are different, so our product team revised the existing features of DXcharts. Instead of providing all features available for the web and desktop, we focused on the interactive chart canvas. Meanwhile, we built and designed the entire UX from scratch in native mobile code. DXcharts Mobile We opted for the most efficient approach to charting, utilizing the latest technologies available. One of the key advantages lies in the fact that the charts are not rendered natively, ensuring consistent behavior across different devices. This significantly enhances the application’s adaptability, making it more flexible and expediting the release process. The most exhilarating aspect of this task was establishing a close interaction between our unique native features and the chart, creating a seamless integration of the mobile world with data visualization. Furthermore, we emphasized crafting a flexible structure, facilitating seamless integration and adaptation of our product to diverse needs. — Nikita, Software Developer Android platform, Devexperts Indicator configuration in DXcharts Mobile DXcharts mobile application is essentially an embedded browser rendering the core chart. A significant advantage of this approach was that if new features are added to the core web chart in the future, they will automatically be accessible in the mobile application with minimal effort from the mobile developers. One of the challenging developmental tasks is acquiring, processing, and displaying a substantial volume of data in a chart. We pay special attention to ensuring data flows in and is displayed without delay. We’ve chosen the most optimal approach for chart creation, employing modern technologies. One of the key advantages is that chart rendering doesn’t occur at the native function level. By using a ready-made solution for chart rendering, we expedite the development process and achieve uniformity across all platforms. An intriguing development aspect for me is creating interactive user engagement with the chart, allowing users to draw on it and visualize it in their preferred manner or style. The close integration of native functions with web components brings numerous advantages and flexibility. — Anastasia, Software Developer iOS platform, Devexperts Our team for this project consisted of only three developers, who accomplished the task in a short time, developing two native mobile libraries for applications around the charting core. This efficient delivery demonstrated the resources needed for future mobile app integrations. DXcharts mobile libraries We chose to use the existing dxcharts-light web library by embedding it in the web view instead of drawing the charts within our application. Essentially, we created a wrapper for the existing chart display functionality, saving significant resources. The web team focused on optimizing the data visualization while we focused on the user interface. The most fascinating part was designing the architecture for the future product. Since our project was an embedded library for other applications, we couldn’t fully use the standard methods for developing architectures for mobile applications. We had to consider how the end developer would integrate our library, how they could configure it, and how they would provide us with their data: instruments, candles, etc. — Dmitrii, Software Developer Android platform, Devexperts In the shortest possible time frame, the DXcharts product line obtained full-fledged charts for native mobile applications that provide users with complete freedom of action and a full range of functionality comparable to the web version of the product. Devexperts is currently integrating the new mobile charts with our existing DXtrade applications. As a result, DXcharts customers will soon have advanced, multifunctional, and powerful mobile charts with a wealth of features available in the latest versions of web charts, outperforming the competition in the market. The team did a great job—we studied the perspectives, chose the optimal one, and quickly delivered one of the most advanced mobile charts. Now we can maintain it at a reasonable cost, and the compatibility between Devexperts’ products is higher than ever. — Andrey Shuvlenov, Devexperts DXcharts for Mobile is designed to help brokers provide a unique service to their end-users. Your firm can be among the first to explore DXcharts for mobile. Organize your complimentary one-month trial here.
Enhancing Broker’s Mobile App Engagement Through Social Media Integration February 13, 2024 About the Client A leading FX and CFDs broker established in 2006. As one of the most secure brokers in the industry, with nine regulations across six continents, the broker offers a wide choice of assets, leading platforms, and generous trading conditions. Business Challenge As a longstanding client of Devexperts, they openly discussed their evolving challenges and opportunities. Increasing the mobile app’s user conversion rates, daily active users, and in-app trading activity was a priority. The client was in search of creative solutions to achieve these goals. Solution Devexperts undertook an analysis of the client’s current marketing channels to identify underutilized opportunities. This process put a spotlight on the client’s substantial yet untapped Facebook audience. The client’s Facebook group, initially intended for content promotion, had become a hub for user inquiries, which were handled manually and intermittently. Devexperts proposed the integration of Devexa, an AI assistant, with the client’s FB page. This integration would serve as a method to organically introduce users to the mobile trading app. System Design. FB traffic is channeled to the client’s mobile app and their website The use of deep links combined with Devexa’s personalized guidance, would mean that even if the end-user needed to download the app, their journey would be seamless. Devexperts provided the client with admin panel access to allow for unique customization. They were able to tailor Devexa to their brand identity and tone of voice, ensuring interactions and representation was consistent with their existing brand. This involved rewriting and localizing text, and redesigning buttons and welcome images. Importantly, in this setup, Devexa was given the ability to curate responses using market data directly from the client’s trading platform. Results The integration was successful. Traffic to their mobile trading app significantly increased, as Devexa effectively channeled users from Facebook to the app. The client reported positive growth trends in their key product metrics. Devexa’s ability to track these referrals illustrated its role in enhancing revenue and conversion rates. Unlike traditional uses of Devexa, which primarily focus on automation of handling of repetitive user inquiries or broadcasting broker’s content, this project leveraged the platform to actively redirect users to the mobile app. With regard to this metric, the efficiency of the client’s Facebook channel was substantially improved. We received very positive feedback from the product managers. It’s always rewarding to see our solutions like Devexa not just meet but exceed client expectations. Vitaly Kudinov, SVP Sales and Business Development, Devexperts The seamless integration of Devexa into our SMM was a creative way to hack the growth. Product Manager, the Client This project exemplifies Devexperts’ dedication to offering tailored solutions that address complex challenges in the dynamic trading industry. Togay Aytemiz, Product Manager, Devexperts
Charting Library Upgrade in Trading Platform for Fintech Firm September 1, 2023 About the Client The client is a fintech firm that offers a proprietary turnkey trading platform to brokerages and investment companies working with FX, CFDs, and cryptocurrencies. This platform is one of the most demanded white-label solutions in the financial industry, so the client strives to equip it with the most advanced features to stay ahead of the competition. Business Challenge The client’s business experienced continuous growth: its trading platform was in demand among prop trading firms and FX, CFD, and crypto brokers. As a result, hundreds of thousands of traders worldwide use white labels of the client’s trading platform. However, through market analysis and user feedback, the client identified a charting component in their trading platform as a weakness. Users complained that there was no possibility to trade from the charts, change the chart timeframe, create layouts, save them for further use, and much more. The client couldn’t afford to lose their market leadership, so they decided to replace the charting component with a new one. The nature of the client’s business involved the following integration challenges: In the FX trading industry, prices are marked up and differ depending on user groups. So, the client’s platform had an intermediary stratum liaised between the end-user software and the market data feed. It was necessary to migrate users’ preferences and settings so that after the migration, users would see the exact drawings and indicators they had in their old charts. It was also crucial for the client to have an opportunity to buy out the charting source code to keep 100% of the trading platform components in-house and avoid vendor lock-in. Solution As mentioned, the client conducted a market analysis and gathered requirements for the new charting library. According to their investigation, they started searching for a vendor with relevant expertise and successful cases. The client also evaluated vendors based on functionality, compatibility, support, and costs. First, Devexperts’ charting library DXcharts made it to the shortlist of candidates for integration. Then, the client’s stakeholders, CTO and CPO, decided that DXcharts perfectly aligns with their goals and technology strategy. DXcharts is a charting package for historical and real-time market data visualization across multiple asset classes. It comes with over 100 technical indicators (studies) and a wide selection of drawings and chart types for in-depth technical analysis. The trade-from-the-chart functionality, multiple charts layout, price scale configuration, custom aggregation (timeframe) presets, and other handy features accommodate different styles of trading. Devexperts helped the client translate business requirements into technical specifications and made sure that the deployed configuration of DXcharts aligned with the client’s needs. As DXcharts was to be integrated into an existing platform, it was crucial to create a system design that covered how it would integrate with the existing trading system, including market data feeds. After creating the system design, Devexperts went on to implement DXcharts into the client’s trading platform. The implementation was followed by rigorous testing to ensure functionality, performance, and compatibility. The deployment also included integration with the client’s market data feeds. “Devexperts spent years developing the DXcharts library, which became a powerful instrument for trading and investment applications. DXcharts provides all the tools required for daily trading and comprehensive analysis. In terms of implementation, DXcharts is built for easy integration with third-party trading terminals and investment portals.” — Andrey Shuvlenov, VP of Product Management, Devexperts Usually, it takes a few days to integrate DXcharts into a trading app, but in this case, it took longer because of a migration process: the team wanted to smoothly transfer users by keeping their preferences intact, including such data as open charts, symbols, positioning, zoom, drawings, studies, etc. After rolling out the new charting, Devexperts conducted training for the client. DXcharts also comes with a knowledge base, FAQs, and educational materials powered by ChatGPT, so end users can take advantage of them right inside the platform without the need to open additional apps and leave the trading environment. “The comfort of the users was important for the migration. Our end users usually spend several hours a day working with the trading platform, using charts a significant portion of the time. In the past, when we occasionally lost users’ UI preferences and the UI reverted to its default state, we faced a surge of negative feedback. Given the importance of charting, we chose to treat their preferences as invaluable and ensured a smooth transition to a third-party charting library, although it required considerable engineering effort.” — Alex, Lead Frontend Developer, the Client Additionally, the solution incorporated a special bundle that acted as an intermediary between charts, the trading terminal, and the market data provider. It was essential to address the need to display different quotes according to user groups due to varying markup settings. Results The client replaced a charting solution in their proprietary trading platform to adhere to the best industry practices and stay ahead of the curve. The newly introduced features are: Trading-from-the-chart functionality More drawings, studies, and advanced charting tools A widget to overview earnings, dividends, and splits An instrument comparison widget An ability to create custom studies with Devexperts’ proprietary programming language dxScript that doesn’t require any coding experience. DXcharts has solved charting usability issues of the client’s trading platform, improved overall user experience, and stopped customer attrition. The client was able to implement missing charting features that kept them from further business growth. The adaptation of end users of the client’s trading platform went smoothly due to a user-friendly and intuitive UI of DXcharts. To escape possible vendor lock-in, the client requested to buy out DXcharts source code. Devexperts started its transition to the client’s development team. “As we strive to broaden our user base and fortify our platform’s standing in the competitive landscape, it’s been crucial to find a charting partner that brings innovation and quality to the table. DXcharts has sophistication and adaptability that undoubtedly enhance the possibilities we can offer our clientele. I’d like to emphasize Devexperts’ support during the integration, which was complicated by our legacy issues, as well as additional requirements to preserve users’ data during the migration.” — Jonathan, Product Director, the client.
Deriv Opts for DXtrade CFD to Expand Client Base August 1, 2023 About the Client Company typeOnline brokerYear of foundation1999Asset classesCFDsLocationMalta Founded in 1999, and with offices in 13 countries, Deriv is one of the world’s largest online brokers. It offers CFDs and other derivatives on forex, stocks and indices, cryptocurrencies, and commodities. Business Challenge As part of its mission to make trading available to everyone, everywhere, Deriv wanted modern products to attract new customers. They needed a platform that could satisfy younger traders who demand excellent UI and UX, regardless of the size of their accounts. The client needed a modern, simple, and user-friendly platform that offers traders and FX dealers advanced trading tools and flexible risk management. It had to be scalable, able to grow with the business and handle the load and incorporate the company’s proprietary synthetic indices. Solution Impressed by our long history, reliability, and track record, and our platform’s functionality, usability, and low latency, Deriv chose Devexperts to develop a solution to fit their business needs. Their existing system was very complex. In order to tackle such a difficult task, a team with strong technical skills and great experience in the brokerage business was required. Moreover, we decided to use DXtrade – our robust and flexible trading platform – to provide our client with a customized turnkey solution for desktop and mobile. Trading Dashboard We worked closely with our client’s to understand their needs. And we introduced modern tools to help their new and existing customers make more informed trading decisions. Users can now analyze their trading performance and habits on an instrument, asset class, or account level, and monitor metrics such as intraday performance. Trading Journal We added the kind of interactive elements younger traders demand. Users can enter notes on their accounts to record their trading plans and strategies. The information is easy to access and secure. Customization More personalization was built into the platform so that Deriv and its customers have control over how the platform is set up. The broker can configure layouts and watchlists to match their customers’ expectations. Traders have the flexibility to set up workspaces and resize widgets to their needs. Our modular tabs technology means users can combine widgets within their workspace and link them so that the information is connected. If a symbol is selected in one widget, it’s automatically updated across all linked widgets, improving the user experience. The platform also provides pop-outs so users can take advantage of multi-screen setups. And the trading platform complies with the broker’s requirement for flexible risk management. DXtrade allows Deriv to set up risk management according to various user groups on an instrument, group, and account level – in any combination. “Startups and established brokers know that trading platforms are not merely tools. Trading platforms are key elements of their business. Broker success depends heavily on how simple and user-friendly their platform is for clients and how smoothly and quickly it can be scaled to support x2, x5, x10, and even x100 user accounts. To achieve this, some brokers are building their own software, which is a long and expensive route. The path to creating usability and scalability for the Deriv X platform was extremely short since it’s a white label of DXtrade. I am excited to see Deriv’s international community of traders enjoying Deriv X – a platform we built with passion and integrity.” — Vitaly Kudinov, SVP of Business Development at Devexperts Results The broker’s customers can now trade CFDs on the most popular financial markets – forex, commodities, and cryptocurrencies – and access a wide range of advanced trading tools. In addition, Deriv was able to incorporate its proprietary synthetic indices into the platform, which are available to trade 24/7. The user-friendly interface means the platform is easily accessible for beginners and professional traders. After the platform’s launch in October 2022, user numbers have risen by over 50% in less than a year. Such growth has been beyond the client’s expectations, but the platform’s capacity has easily handled the user inflow. “Innovative thinking has always been the core of our growth strategy. Deriv is continuously working on introducing new products and services to give our clients the opportunity to utilize the latest technology, maximizing their probability of success. We put our clients at the center of everything we do, and use all our resources to help them always be one step ahead of the market.” — Jean-Yves Sireau, CEO of Deriv
Devexperts is Heading to iFX EXPO Asia 2023 May 23, 2023 Meet us at iFX EXPO Asia at booth #115 on June 20-22! Our representatives will be there to showcase our products and services. Visit booth #115 to discuss your business challenges and see how our software can help you tackle them. If you’d like to book a meeting in advance, please fill out this form. Our team will be represented by: Vitaly Kudinov, SVP of Sales and Business Development Jon Light, Director, Head of OTC Platform Charmaine Athaide, VP of Business Development. If you’re interested in seeing our product demos, the team will be ready to show: DXtrade, a suite of trading platforms for brokers offering FX, CFDs, crypto, and exchange-traded instruments Devexa, an AI-driven customer care and sales assistant for brokers and their clients DXcharts, a turnkey HTML5 financial charting library ready to be delivered in just one day. iFX Expo is a major B2B conference that brings together top executives from major companies operating in the financial industry. The event provides an ideal platform for networking, business development, and thought-provoking content. Attendees will have the opportunity to engage with stakeholders from various industry segments, including technology providers, retail and institutional brokers, banks, payment providers, affiliates, IBs, and regulatory experts. It’ll be a perfect environment for in-person meetings and fostering relationships with industry leaders. Our team will also attend one of the biggest fintech EXPOs in Latin America – iFX EXPO LATAM 2024.
Back-Office Software for Leading Asia-Pacific Financial Services Provider May 2, 2023 About the Client The client is a Southeast Asia bank and one of the leading integrated financial services providers in Asia. The bank has a global presence in 20+ countries, including the EU, the US, and Australia, with 2.5+ million users. The client focuses on retail broking, institutional equities, derivatives, prime services, equity research, asset management, and online broking. Business Challenge To scale operations and meet the needs of a growing user base, brokers employ back-office software to keep up with the fast-paced financial industry and market changes. Without such software, banks and financial services providers must rely on manual processes that cause delays and inaccuracies. The absence of this technology put the client at a disadvantage when compared to their competitors who have invested in back-office software. This posed a challenge for the client to achieve their goals and keep up with user demand.The client was seeking a reputable vendor to develop their back-office software solution using a Python/Django stack. The scope of the system was to manage commissions and margin settings, produce various reports, and send them to a specific group of customers or employees. The vendor that had initially developed and supported the client’s system disengaged, leaving the client without the support they needed to manage their operations effectively. Accordingly, the client needed to partner with a reliable and experienced vendor that can give them stable, efficient, and integrated software to help them regain their competitive edge. Their search led to Devexperts, a well-known software development company that specializes in creating advanced solutions for brokerage firms. Solution Once familiarized with the scope of work, Devexperts set out to address three key issues: Rectify the instability of the back-office software Correct any bugs Add additional features, making the system design flexible to suit the client’s needs One of the largest challenges faced by the Devexperts’ team was the accreditation required by the regional regulator. Without this, third parties cannot directly access financial systems’ source code. This accreditation could take years to obtain, so Devexperts and the client came up with a workaround and used Amazon Workspaces (an AWS remote desktop service) to proceed with the project work as scheduled. “Working using a remote desktop is certainly less than ideal, but we had to sacrifice some of our comfort for the sake of the project’s success and time to market. Even though our engineers’ hands were tied by the client’s weighty information security policies, we managed to meet the deadlines. Kudos to our team’s experience and high qualifications!” – Mikhail, Devexperts Technical Lead. Results Devexperts was able to quickly get the client back on track by stabilizing their back-office solution, ensuring the system’s sustainability. The knowledgeable Devexperts team also resolved several issues and added new features needed to meet the client’s needs and preferences. “The Devexperts team’s attention to detail and testing were unparalleled during the entire development process. I commend their technical expertise and knowledge of the specifics of the broker’s business, and fully recommend Devexperts for such engagements.” – VP, the client.
Custom Trading Platform for an EU-Based Multi-Asset Broker April 11, 2023 About the Client The Client is a group of financial services companies, offering global investment and lending products using innovative technology and having venture capital investments focused on FinTech companies. The companies specialize in two verticals: investment platforms and credit services. They focus on retail broking, offering ETFs, stocks, leverage products, and online brokerage services, and have millions of users worldwide. Business Challenge The Client had been using the DXtur platform for trading stocks on the Turkish market for many years. In other markets, they were offering MetaTrader platforms to their traders. The client was looking for a vendor who could provide them with their own unique multi-asset trading platform, and approached Devexperts for help. The new platform needed to facilitate international multi-asset trading while having the ability to trade OTC and listed instruments simultaneously. The project had an ambitious schedule and required expertise in stocks and OTC trading, as well as strong technical skills. We divided the project into two phases: Integration with the Client’s back office, other internal reporting systems, and liquidity providers Simultaneous OTC and equity trading on the same platform for users The project was complex because of the need to split a users’ accounts into two if they were trading OTC and stocks on the platform. The split was necessary as the client needed to monitor each user’s accounts, the instruments, the number of trades, and other information. Solution Devexperts estimated the multi-stage scope of the project’s first phase and began with a ready-made solution — the DXtrade platform. On top of the core features such as trading Forex/CFDs/crypto, Devexperts built several customized features including: A ‘quick trading mode’ that allows trading different asset classes from watchlists. With this mode enabled, users can trade without running the entire terminal, allowing them to buy or sell CFDs of stocks from their watchlists with one click. This made it easy to trade and met the expectations of the users who wanted a simple interface. An integrated platform with the client’s upstream liquidity aggregator and the reporting systems (an EOD report). The client had been working with MetaTrader for reporting, so the Devexperts team customized the DXtrade reporting system to follow a similar process for convenience. The second phase of the project included: Enabling trading real stocks on a single platform UI at the same time as trading CFDs. The Devexperts team created a new UI for a part of the platform that enables stock trading. Changes to combine the different cash flow processes and metrics needed to run a multi-asset brokerage. This was done because reporting is different for exchange-traded assets and OTC instruments. Integrating with different third-party systems. Devexperts has been working with the client for a long time, and processes have been adjusted to meet their expectations, making interactions smooth and simple. This project presented a few unique challenges for us, though: having different UIs for user accounts for both OTC and stock trading, separate cash flows and numbers for various metrics, and having to integrate with multiple third-party systems. Despite the tight timeframe for the project, the Devexperts team was able to deliver the solution right on time. — Sergey, Head of Delivery Unit, Devexperts Results The Client received the multi-asset platform, which allows users to trade the different instruments simultaneously using two different accounts. The user watchlists allow for OTC and stock trading, and users can also trade from the watchlist in quick trading mode. The first instance of the multi-asset platform is already available in Malta, but the Client plans to launch it in other regions, starting with Turkiye, Indonesia, and Australia.
