One of the World’s Fastest-Growing FX and Crypto Brokerage Solution Providers
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Singapore-based Broctagon is a fast-growing technology provider that merges traditional finance with the innovations of blockchain technology, offering complete forex solutions, end-to-end blockchain services, deep institutional multi-asset liquidity including forex and cryptocurrency, as well as comprehensive cyber security solutions. We spoke to Broctagon Co-Founder and CEO, Don Guo, to learn more about the company and his plans for the future.
Don please tell us a little about your background and career to date
I started out in the retail trading space, having worked with many brokerages across the APAC region. Over the last decade, I’ve become familiar with the many industry pain points, and realised that the was a clear lack of holistic, client-centric brokerage services. I founded Broctagon Fintech Group to address these very problems.
The recent years have seen the rise of cryptocurrency trading, and with it, a new set of unique pain points like illiquidity and market fragmentation. This is why one of the most important initiatives we have launched this year is our development of the Broctagon Network of Exchanges for Universal Settlement (NEXUS), the industry’s first crypto liquidity hub that allows prime exchanges, brokers, and financial institutions alike to access the forex standard of deep, multilateral, ECN liquidity for the first time ever.
On top of all that, we’ve made integration with the NEXUS seamless for our brokers, having utilised the FIX API standard for all our crypto liquidity provision.
When was Broctagon launched and what range of FX products and services does the firm offer?
Broctagon was launched in 2009 with a vision to transform and elevate the brokerage industry. Forex has been our focus since the beginning, with our launch of platforms and tools that holistically enhance the trading experience for all. Our current range of FX solutions include turnkey MT4/MT5 trading solutions, a brokerage-centric CRM that consists of an integrated multi-tier affiliate system, as well as proprietary plugins like the FXColt, an automated order placement system.
On top of our brokerage services, we also provide deep enterprise-grade liquidity for a diverse range of asset classes including forex, indices, shares, metals, commodities, and cryptocurrency.
Broctagon is also a leading provider of cryptocurrency solutions so please outline what these are.
We leverage the breadth of our technology and business talent to offer token sale advisory services, smart contract development and audit, exchange setup solutions, as well as exchange listing services.
We also offer cryptocurrency derivatives which have grown extremely popular over the last couple of years. With our cryptocurrency derivatives, brokerages can access leverage of up to 1:10. The core idea is to bring the forex level of professionalism and execution quality to the cryptocurrency space.
We realised early on that there are a lot of gaps in the cryptocurrency space. We figured that liquidity is going to be a critical component for crypto trading worldwide. Our crypto liquidity aggregator NEXUS offers unmatched execution quality and depth of liquidity for businesses in the space that can bring it up to the scale and efficiency of forex.
What type of clients is Broctagon providing services for and how is the business structured to cater for them?
Our services are primarily aligned towards businesses in the forex and cryptocurrency space. Our products and solutions are ideal for brokers, fintech projects, cryptocurrency projects and more. We essentially have four core pillars to our business – brokerage solutions, multi-asset aggregated liquidity, cyber security, as well as blockchain solutions including cryptocurrency trading. Because the industry is ever-changing, we are constantly innovating to fill emerging gaps in the markets.
Read the full article on e-forex magazine.
About Broctagon Fintech Group
Broctagon Fintech Group is a leading multi-asset liquidity and FX technology provider headquartered in Singapore, with over 15 years of global presence in Hong Kong, Malaysia, India, Cyprus, Thailand, and China. We specialize in performance-driven, bespoke solutions, serving over 350 clients in more than 50 countries with our liquidity aggregator technology, brokerage and prop trading solutions, and enterprise blockchain development.