The following guest editorial is courtesy of Alexis Droussiotis, Head of Match-Trader Platform at leading trading platform developer Match-Trade Technologies.

Match-Trade Technologies expands its platform reach by offering the in-house Match-Trader system as a standalone back-end technology. Brokers seeking to have a unique trading solution can develop a custom front end and connect MTT’s cutting-edge matching engine as backend technology to ensure high-performance capacity.

The forex industry is characterised by rapid change and evolution. In this dynamic landscape, we have consistently adapted our service offering to meet the ever-evolving needs of Brokers and traders. Since the beginning, the Match-Trader has been known for combining its state-of-the-art backend and carefully thought-out front end, showcasing the platform’s technical efficiency and commitment to delivering a seamless trading experience.

Custom platform front end to outstand the competition

However, with the ongoing market saturation, we see that Brokers are leaning towards custom solutions to make their trading platforms truly stand out on the market. So far, only a few large brokers could afford to develop their own platform, considering how time-consuming and resource-intensive this process is, thus requiring a significant investment. Still, we expect this pursuit of bespoke platforms to continue to grow as Brokers look for competitive advantages and opportunities to strengthen their own brand.

Recognising this growing demand for a one-of-a-kind trading platform, we have taken a strategic step to align with market trends by offering our backend technology as a standalone solution. Each Broker wanting to build their own platform can optimise the whole process by connecting their custom-made front end to the matching engine behind the industry-valued Match-Trader platform.

Optimise your business efficiency with a robust trading technology

The decision to offer our back-end technology independently was aimed at reinforcing our position as the go-to partner for creating unique trading platforms based on well-established and reliable technology. One of the custom solutions based on the Match-Trader back-end technology is the trading platform created by Fintech360, whose front end was designed by an internal team of forex industry-valued experts.

We believe having clients who want to use our trading system to build their own solution by developing a custom interface can significantly expand the platform’s market reach and user base. Developers, be it from the Broker’s own team or third-party provider, may create specialised front ends tailored to specific niches or trading strategies to attract new types of traders. Using well-established backend technology from a trusted partner is the most efficient and cost-effective way of building a Broker’s own platform, especially for clients who need a tailored solution to target a very specific group of investors with precisely defined expectations.

Flexibility of designing own trading solution without engaging extra resources

This approach allows Brokers to leverage the expertise and infrastructure of established technology providers, who specialise in developing and maintaining the robust back-end systems required for seamless trade execution, risk management, liquidity aggregation, and connectivity to various markets. By outsourcing the back-end technology, Brokers can significantly reduce development costs, accelerate time to market, and ensure reliability and scalability.  With their resources, they can concentrate on delivering a unique, user-friendly front end that caters to their specific target audience. This strategy not only enhances the Broker’s competitiveness but also eliminates resource-consuming back-end system maintenance, leading to cost savings and increased operational efficiency.

Plug & Play with an API-based open trading environment

The Match-Trader platform has received numerous awards and gained industry recognition over the past years. Our ultra-fast matching engine has a proven track record of meeting market demands over the last eight years, boasting scalability to accommodate high-volume traffic without compromising latency. As creators of the Match-Trader platform, we provide an open trading environment accessible via various APIs. The seamless integration can be based on REST API software architecture, supported by Websocket and gRPC protocols, offering flexibility and compatibility with web-based applications and services. Furthermore, Brokers wanting to create their own front end can use the same structure as Match-Trader’s original interface, leveraging Platform API or simply exporting the charts with indicators to external websites using Web Candle API

We believe that connecting external custom front ends offers multiple possibilities for utilising Match-Trader’s technological potential on a larger scale. Clients can build entirely new applications or include Match-Trade’s matching engine as a new core of their existing ecosystem.