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Brokerage. Blockchain. Buzz.

Welcome, find all things buzzing on board at Broctagon’s blog! Here you’ll find the latest in blockchain news, exciting event highlights, insightful thought leadership in forex and crypto, and more. Be the first to know all about our  events and most innovative tech updates – all in one space.

Migrating its Forex CRM to MySQL HeatWave on Oracle Cloud Infrastructure, the Singapore-based ISV increases performance by 30% and reduces cost by 35%. Business Challenges & Goals Broctagon's AXIS Forex CRM equips retail brokerage firms with a solution that integrates multiple trading platforms, enhances trader's journey, optimizes admin operations, and facilitates rapid market expansion with advanced affiliate capabilities, redefining industry standards and expectations. Broctagon began hosting its Forex CRM product on AWS RDS Aurora, with the MySQL database as the foundation, serving each customer with its own cluster. Over time, with a rapid increase in client base and thus data size, the company found that the cost of scaling up for enhanced performance was becoming prohibitive. With the need to improve the performance versus cost ratio, the company decided to migrate the CRM solution to MySQL HeatWave running on Oracle Cloud Infrastructure (OCI). Business Results & Metrics Broctagon achieved better performance and availability with MySQL HeatWave, at a significantly lower cost. This allowed the company to enhance and develop a wider array of microservices for the AXIS FX Broker CRM. Furthermore, after conducting full load stress testing with identical specifications, Broctagon achieved a 30% performance improvement with MySQL HeatWave. When calculating the computing power required to deliver the solution to over 160 brokers and growing, the cost was 35% lower with MySQL HeatWave, allowing Broctagon to pass on these cost savings to brokers. Considering the significant performance increase, Broctagon made the decision to change its architecture to aggregate more transactional and operational data in MySQL HeatWave. MySQL HeatWave substantially enhanced query performance, achieving almost 14X better performance. By leveraging OCI's high availability, Forex Brokers can now start operations within a day. Technical infrastructure for new brokers can now be provisioned within 60 minutes. Leveraging the high performance of MySQL HeatWave, Broctagon provides its CRM users with real-time trading account information and trade history data—syncing data directly from different external sources such as the MetaTrader 4, MetaTrader 5, and cTrader platforms. By offering advanced filters on real-time trading reports, users can customize and rearrange multiple fields on single table reports. Powered by MySQL HeatWave on OCI, the AXIS FX Broker CRM is a fully branded solution for Forex Brokers that can be modified to individual requirements with more than 350 customizable parameters. MySQL HeatWave's analytical capabilities have led Broctagon to create a flexible and configurable risk management dashboard. This dashboard provides alerts, performance tracking analysis, insights into the most and least profitable traders, and many other data-driven features that enable Forex brokers to make more informed decisions to increase their profitability. Further value-added services delivered to its brokerage clients include instant calculation of multiple-tier commissions based on real-time trades, thanks to an in-house Extract-Transform-Load (ETL) program that pulls data from multiple trading platforms and synchronizes it with MySQL HeatWave. The company has found that moving the AXIS FX Broker CRM to MySQL HeatWave has freed developers from heavy administrative work by automating updates, backups, monitoring, and more, channeling focus to the development of new functions that are frequently rolled out. On the technical front, the company is embracing MySQL HeatWave's read/write workload isolation by splitting write operations from certain expensive read operations. This allows for better monitoring of different clients' performance usage and optimizes application design. Why MySQL HeatWave? In search of delivering better performance to clients while staying cost efficient, Broctagon chose MySQL HeatWave after successful load testing, which confirmed an optimal performance-to-cost ratio. Moreover, Broctagon's CRM developments require interaction with one of the most robust foreign exchange trading platforms in the world, which mostly utilizes MySQL as the backend database. Another key factor was Oracle's MySQL Support provided detailed guidance, comprehensive documentation, and assistance in load testing, as well as migrating to OCI, which only took two weeks. Next Steps With MySQL HeatWave offering increased performance and reduced costs for the CRM solution, Broctagon is considering migrating parts of its liquidity and cryptocurrency business to OCI. “If performance continues to be above expectations, we will be moving more workloads to OCI down the line,” said Michael Mai. Looking ahead, Broctagon's roadmap includes leveraging MySQL HeatWave's machine learning (ML) capabilities to help Forex brokers attract and retain traders. For example, HeatWave ML can be trained to provide brokers with useful recommendations based on their trading data. The ML capabilities will also generate ideas for features to increase customer satisfaction and bring in new business, thus enabling Forex Brokers to increase their profit with lower costs. *Credits to Oracle for the original article: https://www.mysql.com/why-mysql/case-studies/broctagon-fintech-migrates-flagship-forex-crm-mysql-heatwave.html

A proprietary trading challenge, often referred to as a prop trading challenge, is an assessment and evaluation process designed by proprietary trading firms (prop firms) to identify talented and skilled traders. The objective of such a challenge is to evaluate traders' trading strategies, risk management skills, and overall trading performance. Traders who successfully pass the challenge will then receive funding from the prop trading firm to trade with the firm's capital. Here's a step-by-step walkthrough of how a typical prop trading challenge works: Different Phases of a Prop Trading Challenge 1. Evaluation Phase:Traders participate in an initial evaluation phase where they trade on demo accounts. During this phase, they need to meet specific performance criteria, such as achieving a profit target, managing drawdown, and adhering to trading rules set by the prop trading firm. There may be multiple stages during the evaluation phase based on the discretion of the prop firm.Participating traders typically pay a registration fee to enter the challenge, and this fee may vary and are often proportional to the desired funded account size. Traders who successfully complete the challenge to the live stage are often eligible for a registration fee refund. 2. Verification Phase:This is the final step that traders must pass after successfully completing the initial challenge phase. The Verification Phase serves as a validation process to ensure that traders can consistently replicate their performance before they are funded by the proprietary trading firm. This phase may take place on either a demo or live account. 3. Account Review:When a trader successfully completes the verification phase by fulfilling all criteria, the prop trading firm typically reviews the trader's trading history, methodologies, and performance, including risk management and adherence to rules. This review process is an added layer of assurance that the prospective prop trader is aligned with the trading objectives of the firm. 4. Funding Phase:Upon successful completion of the review, the trader becomes eligible for a funded trading account offered by the prop trading firm. This trading account is typically funded with the firm's capital, enabling the trader to execute much larger positions compared to using their own money. The specific funded amount provided to the trader is dependent on the challenge they initially enrolled in. 5. Risk Management:Traders who receive funding are required to continue trading according to the prop firm's rules and risk management guidelines. This includes managing drawdown, adhering to position sizing rules, and following the firm's trading strategies. The trader may be funded for a certain period to be reviewed again for extending funding. Should the trader infringe any of the parameters set out by the prop firm, the funding will typically cease. It is important to note that the prop trader usually bears no financial risks except for the initial registration fee and/or the loss of potential profit share. 6. Profit Sharing: Profits generated from trading the funded account are shared between the trader and the prop trading firm based on a predetermined profit-sharing agreement, often at regular intervals decided by the Prop Firm. 7. Profit Withdrawals: Traders will then be allowed to withdraw their share of the profits, subject to the terms and conditions of the funding agreement. Proprietary trading challenges are a way for traders to prove their skills and gain access to institutional capital, which can amplify their trading opportunities. It's essential for traders to carefully read and understand the terms and conditions of the challenge and funding agreement before participating. Each prop trading firm may have its own specific rules and criteria for its challenges. Launch your very own Prop Trading Challenges Prop Trading Challenges are an innovative new offering that all FX Brokers should consider to not only expand their clientele but also retain the loyalty of existing traders by offering them an opportunity to trade on proprietary capital. This presents an alignment of interest and further reinforces the Broker’s commitment to the success of their traders. Launching fully customizable Prop Trading Challenges is simple with Broctagon’s plug-n-play Prop Challenge CRM module. Integrate now with zero setup or migration fees and start your own challenge in just 2 days. If you are an IB, Trader, Trainer, or a firm looking to begin your branded Prop Firm, our Fully Managed White Label solutions will get you started in a week. Learn more about our prop trading solutions here. Schedule a Free Demo

Navigate the world of Proprietary Trading (Prop Trading) with our essential glossary of must-know terms! Whether you are a trader exploring this innovative new concept or Broker looking to expand your key offerings, this guide will help you chart a course to success by covering some of Prop Trading’s most important terms. 1. Prop Firm:A prop firm, also known as a proprietary trading firm, is a financial institution or company that uses its own capital for trading financial instruments. These firms often employ skilled traders with specific strategies and objectives, and profits generated from proprietary trading are typically shared between the firm and individual traders. 2. Proprietary Capital:This refers to the funds deployed for proprietary trading by a financial institution or company. It represents the firm's own capital utilized to trade various financial instruments with the primary objective of profit generation. 3. Proprietary Trading Challenge: A program offered by firms, brokers or institutions, where traders aim to meet specific trading objectives to qualify for a trading account funded by the company, otherwise termed as the prop firm. 4. Funded Trader:A trader who has met the criteria of a proprietary trading challenge and is provided with capital to trade. 5. Registration Fee:The fee traders must pay to participate in the challenge. This participation fee usually varies based on the desired funded account size, with larger funds incurring higher fees. These fees are typically reimbursed or offset by the profits earned during the final live trading stage. 6. Demo Account: A virtual environment allowing traders to practice without using real money. It provides access to live market data and tools for skill development and strategy testing. 7. Live Account: A trading account involving actual capital and real financial risk. It allows traders to participate actively in the live forex market. 8. Evaluation Phase: The first stage of a prop trading challenge where traders trade with virtual capital on demo accounts to meet set criteria. The evaluation phase may consist of multiple stages based on the discretion of the prop firm. 9. Verification Phase: The final stage of a prop trading challenge where traders demonstrate their ability to replicate their performance in a live or demo trading environment, based on the discretion of the prop firm. Traders who successfully pass the verification phase will move on to trading a live account funded by the prop firm. 10. Trading Rules: Guidelines and conditions established by the proprietary trading firm that traders must follow during the challenge. This is to ensure consistency in performance and allow for proper evaluation before gaining access to prop capital. 11. Trading Period: A specified timeframe within which traders must achieve the profit target and adhere to challenge rules. 12. Trading Days: The minimum number of days that traders are required to open new trades, within the trading period. This rule aims to promote a consistent trading strategy, discouraging attempts to achieve profit targets solely through a single, exceptionally profitable trade that may have a low likelihood of recurrence. 13. Profit Target: A predefined goal that traders must reach within the trading period. 14. Trading Rules: Guidelines and conditions established by the proprietary trading firm that traders must follow during the challenge. 15. Maximum Drawdown Limit: The maximum allowable account loss or equity decrease during the challenge. Exceeding this amount will result in challenge failure. 16. Maximum Daily Loss: The most significant allowable daily trading loss, as per challenge rules. This can be a fixed number or a percentage of the equity at the start of the day. Exceeding this amount will result in challenge failure. 17. Trade Size: The number of units or lots traded in a single position. 18. Risk-Free Period: A specific time frame during which losses do not affect the trader's account. 19. Free Repeat: An opportunity given to traders to retry a specific stage without extra fees. This usually occurs when all criteria are fulfilled at the end of the trading period except the profit target. 20. Scaling Plan: A strategy outlining how traders plan to achieve profit targets and manage risk. 21. Account Evaluation: The assessment of a trader's trading results and compliance with challenge rules before granting access to a funded account. This is typically a manual review process after the trader completes the verification phase. 22. Funded Account Size: The initial capital provided to traders upon successfully passing the challenge. 23. Profit Share: The division of trading profits between the trader and the proprietary trading firm, often following a pre-established split ratio. 24. Funding Agreement: The formal agreement outlining the terms and conditions of the funded trading account. 25. Funding Period: The duration for which traders have access to the funded account. 26. Forex Liquidity Provider: A Forex (FX) Liquidity Provider (LP) is a financial entity that provides bid and ask prices for diverse currency pairs. Typically in possession of a large pool of assets, the LP’s main role is fill client’s orders by both buying and selling assets. Prop firms typically trade with regulated LPs in reputable jurisdictions. 27. Scalping: Scalping is a trading strategy that entails rapid, frequent trades aiming to capitalize on minor price fluctuations within a short timeframe, often spanning seconds to minutes.These strategies are commonly categorized as higher-risk and may not align with prop trading guidelines, potentially leading to disqualification from trading challenges. 28. Anti-Expert Advisor (EA): An automated trading software that utilizes predetermined strategies and technical indicators to autonomously make trading decisions and execute trades on behalf of traders.EAs may not align with prop trading guidelines as they lack dynamic human assessment. 29. News Trading: Forex news trading is a strategy that seeks to profit from price fluctuations before or immediately after economic news and key data releases. It bears higher risk due to the volatile nature of market reactions to news events.As such, news trading permissibility is subject to the policies of prop trading firms. 30. Hedging: If hedging is allowed, traders are permitted to open and hold multiple positions in opposite directions (buy and sell) for the same currency pair simultaneously.Inadequate hedging may result in higher risks thus it is important to check if the prop firm allows this strategy or if there are additional associated conditions. Prop Firm Turnkey Setup Setting up a Prop Firm can be simple with Broctagon’s Fully Managed White Label solutions. Focus your efforts on marketing your brand while entrusting the technological backbone of your prop venture in expert hands. With our end-to-end solution suite, your Prop Firm can be up and running within a week. If you are a FX Broker looking to add Prop Trading Challenges to your offering, our CRM with integrated Prop Challenge Module will get you started in 2 days. Learn more about our prop trading solutions here. Schedule a Free Demo

Dubai, UAE – We are pleased to announce that Broctagon Fintech Group has been honored with the prestigious title of “Best Prop Trading Technology Provider” at the recently concluded Dubai Forex Expo 2023. With the industry’s top innovators and game-changers gathered under one roof, this recognition further solidifies our position as a leading force and serves as a testament to our relentless commitment to reinvent ourselves and constantly provide value to our clients in the dynamic forex arena.   With our suite of Prop Trading solutions, FX Brokers and prop firms can easily launch their own prop trading challenges to capitalize on this rising trend to generate new streams of revenue. Official Launch of Prop Trading System A highlight of the Forex Expo Dubai 2023 was Broctagon's official unveiling of our prop trading solutions, including a “Fully managed Prop Firm White Label” and a “Plug-and-play Prop System” designed for seamless integration into existing FX brokerages. The surge in popularity of proprietary trading challenges reflects the vibrancy and innovation in the trading landscape, with many keen to establish prop firms to uncover trading talents while traders benefit from these challenges by gaining access to institutional capital, a truly win-win situation. This trajectory is set to gain further momentum with the aid of cutting-edge technological solutions, exemplified by Broctagon's turnkey systems, which empower FX Brokers to instantly deploy highly customizable prop challenges or enable aspiring Prop Firms to go-to-market within a week. A Resounding Response on The Expo Floor The response from the expo participants was nothing short of remarkable. At our booth, Broctagon representatives were inundated with inquiries, with several clients even signing up on the spot. Broctagon’s technological advantage coupled with a compelling proposition that is success-focused with no upfront setup or migration fees, makes it an easy decision for clients. Ted Quek, CTO of Broctagon, shared his thoughts on the accolade, stating, "Winning the title of 'Best Prop Trading Technology Provider' at the Forex Expo Dubai 2023 is a strong affirmation of our team's unwavering dedication and expertise. It is truly gratifying to witness several clients signing up on the spot, which accentuates the tangible value and impact of our technology." Here is an overview of our Prop Trading Solutions: Anticipating A Rising Demand Broctagon's success in Dubai underscores the growing demand for competitive Prop Trading solutions in the financial industry. The Prop Trading business model has created unique opportunities in the Forex sphere due to its accessibility and lower barriers of entry as compared to starting a full-fledged FX Brokerage. Now, IBs, Forex Trainers and Educators, Fund Managers, and practically any firm or individual can establish a Prop Firm and launch challenges easily, without huge upfront expenses. Broctagon’s focus on adaptability and scalability ensures all FX Brokers and prospective Prop Firms have access to the tools, support, and knowledge to operate Prop Challenges efficiently and profitably. Modern trading is undergoing a refreshing new shift once again, let us help position you in the forefront of this new landscape. Speak to us for a free Prop Trading System demo today. We will be happy to answer any inquiries you may have with regards to the Prop Trading Business Model.

Day 1 is abuzz at iFX International 2023! The day is lively as attendees from around the globe gathered at the impressive City of Dreams Integrated Resort, with its vibrant landscape of Liquidity Solutions, Forex Brokers and Technology Providers showcasing their cutting-edge products and services. FIND US AT Date:19-21 September 2023 Venue:City of Dreams Mediterranean Integrated Resort in Limassol, Cyprus The Demand For Bespoke Liquidity This year, we witnessed a notable surge in demand for tailored liquidity solutions, as FX Brokers look to enhance their trading conditions to distinguish themselves in the increasingly competitive FX arena. Beyond our already extensive portfolio of over 1,800 assets featuring ultra-tight spreads as low as zero, we're excited to introduce new innovations this year that have garnered an overwhelming response. Be sure to check us out! Looking To Supercharge Your FX Brokerage? Beyond liquidity, we are a full suite FX Solutions Provider with a proven track record serving over 350 clients worldwide. For all your FX needs, partner with the best, at Broctagon. Meet Our Experts We're here at iFX International Expo until September 21st, so don't miss the opportunity to have a chat with us in person! If you can't make it to the expo, no worries—our specialists are also available online at any time to discuss your business needs. We're committed to providing you with top-notch support, whether you're here with us in person or connecting virtually. Your success is our priority, and we're ready to assist you every step of the way. Schedule a Consultation Meet Us At Our Next Event Broctagon will be at the upcoming Forex Expo Dubai 2023, the 6th grand edition of the premier trade and investment ecosystem event which brings together Forex traders, IBs, Investors, Financial Institutions, and Brokers from all over the world. Join us at the World Trade Centre in Dubai, Hall 6, Booth 178 from 26-27 September 2023!

In this latest version update AXIS CRM V6.5, we are pleased to announce the latest platform updates that feature new integrations that bring exciting enhancements. With this update, the new features offer increased personalization and enhanced data management. These integrations empower brokerages to tailor their CRM experience to a broader range of specific needs and requirements, enabling more efficient communication and collaboration.

Starting a Forex Brokerage can be a thrilling business venture. However, just like any other business, it is crucial to take into account vital aspects such as developing a sound business plan, registering the business, obtaining the necessary technology, partnering with liquidity providers, and selecting the types of trading assets to offer. You might be wondering, how do I start, and how much is the cost to start a forex brokerage? Cashflow plays a significant role in most start-ups and businesses and an FX Brokerage is no exception. One of the main challenges is the failure to recognize and prepare for the running expenses. This article will explore the factors to consider when calculating the cost of setting up a new brokerage. With this knowledge, you can proceed with clarity. How much does it cost to start a Forex Brokerage? If you want to start a Forex Broker but are concerned about the capital required, then this article is for you. We will explain and breakdown the potential cost to start a forex brokerage, and the potential things will have to bear for every aspect. While launching your Forex Brokerage, you have the choice of: Building an FX Brokerage from scratchCost Estimate – upwards of $60,000 to $100,000 per month (excluding operational manpower costs). Cost is dependent on the size of your IT team and the complexity of the product you are developing. Selecting a White Label SolutionCost Estimate – between $4,000 to $8,000 a month (excluding operational manpower costs). Cost is dependent on your number of users and whether you require additional customizations and plugins. Both options have their pros and cons. While developing from scratch provides you full control and technology ownership, it demands a monumental amount of time, resources and money. To do so successfully, you must possess a significant technological expertise and a thorough understanding of the Forex business modus operandi. The capital outlay is also highly intensive to maintain a team of engineers, DevOps, solution architects and more. The basic salary of such a team to develop all the technological aspects will be minimally tens of thousands of dollars. This intricate and time-consuming process coupled with high entry barriers is the reason why many entrants opt to use existing white label solutions to enter the lucrative Forex market. Turnkey solution providers offer a fuss-free approach that saves both time and money, leveraging ready-technology and that can be deployed for your immediate usage. Although there are more limitations as compared to developing your own software, modern White Label solutions are extremely modular and are highly customizable and more often than not, able to satisfy the unique requirements of each Forex Broker. In the following sections, we will explore the various White Label Solutions available to complete a full brokerage setup. What type of fees to expect for starting a Forex business? The charging model for providers varies with many accompanying factors for consideration. However, aspiring brokers can expect the following categories of fees. Setup fee These are usually one-off fees associated with the first configuration and branding to suit your brokerage’s specific requirements. This  could be setting up a trading platform, a Client Office (CRM), or liquidity. Monthly fee These are recurring licence fees to Technology Providers for utilizing their software. These fees are commonly based on user count and inclusive of hosting fees. Volume-based fee These type of fees are usually paid to Liquidity Providers for the total volume of transactions executed. Such fees also apply to Payment Solution Providers and charged based on the volume of funds processed. Now, let’s dive deeper into each component to understand the accompanying cost to start a forex brokerage. Incorporation and Licensing For a Forex Broker to be considered trustworthy and legitimate, it is crucial to register as a financial body with a reputable regulator. This process involves incorporating a company and obtaining a license from the regulatory body, which comes with varying fees and requirements depending on the jurisdiction and type of license. Some licenses may require a regulatory capital that ranges from 100,000 USD to upwards of £750,000, especially for principal licences. Besides costs, time is also an important factor to consider before deciding your regulatory body of choice. Established regulators such as  Cyprus Securities and Exchange Commission (CySEC), UK’s Financial Conduct Authority (FCA), or Labuan Financial Services Authority (LFSA) may take more than 12 months and cost upwards of 80,000 USD for the application. Forex licences in jurisdictions such as Vanuatu, Comoros, Mauritius, and Seychelles may take anywhere from 2 to 6 months and cost upwards of 20,000 USD.  It is important to note that some software solution providers require certain licenses in order to onboard. Less-reputed licences may not be accepted. Therefore, it is essential to evaluate the licensing fees and requirements of various regulatory bodies to determine the most suitable option for your brokerage. The process can also be significantly hastened by working with a FX full-suite provider that offers incorporation and licensing consultancy and services. Disclaimer: Fees are accurate at the time of publish and are offered as an estimate. Fees may vary based on the complexity of the application. Banking and Payments Channels In order to collect deposits for your Forex Brokerage, you will need to consider banking options and payment systems. Under certain offshore jurisdictions, you may require an agent to help with the opening of bank accounts and service fees can range in a couple of thousand dollars. To facilitate easy deposits and withdrawals for your traders, integrating with reputed payment service providers (PSPs) are also important. Fees generally range between 1.5% to 5% of volume, depending on the size of your monthly transactions and currency type, in addition to a fixed fee per transaction. To easily access a wider range of PSPs, it is advisable to choose a software solutions provider that has pre-integrated with these channels, so everything is readily available and there is no further technical hassle on your end. Technology Trading Platform The core element of any Forex Broker is none other than the trading platform. It needs to be robust, secure, intuitive and packed with trading tools for your clients. Recognized as the industry standard by the global trading community, the MetaTrader 4 and MetaTrader 5 stands out as the preferred choice of trading platform. In order to apply for the MT4 or MT5 Main Label licence, you will be required to pass a stringent KYC process and a major Forex License is a prerequisite that will set you back tens of thousands. At the time of publishing, White Labels are no longer being offered and Main Labels will cost upwards of 7,500 USD per month and increase based on the number of users. Other prominent platforms include the cTrader and ZeroX Trader amongst others. These platforms also offer multi-platform trading terminals on desk, web, and mobile and are great alternatives to the MetaTrader 4 and 5. There are usually no major license requirements, and the monthly fees start from 3,000 USD, at a more affordable range. Do note that different platform providers’ charging model varies, while some are also based on user count, others could be volume based with a monthly minimum fee. CRM (Client Portal + Admin Backoffice) A great CRM is indispensable for Forex Brokers, given how such software can streamline client management and enhance end-user experiences. A CRM usually consists of 2 main components: Client Portal – The frontend login for traders to manage all their accounts at a glance, change preferences, deposit and withdrawal funds and interact with support etc. Admin Backoffice – A backend login for your Broker’s operational team to handle all clients’ requests, access reports, manage user roles and leads etc. These functionalities of a CRM become increasingly important as you expand, granting the automation necessary for scalability. Selecting the right CRM for your brokerage is crucial for driving business success. The ideal Forex Brokerage CRM should be modular, highly customizable, and dynamic with automated marketing and Introducing Broker (IB) management tools, enabling brokerages to build networks and increase visibility for their brand. The best brokerage CRM will prepare your brokerage for rapid expansion by offering a range of tools, from affiliate marketing to ticketing support, to ensure smooth onboarding and retention of clients. Learn about some key features a good brokerage CRM should have here. Broctagon is home to one of the industry’s most powerful Forex Broker CRM. With more than 350 customizable parameters and a multi-tiered IB/affiliate system, Broctagon’s AXIS CRM can be branded and deployed in just 24 hours. Fully integrated with MT4, MT5, cTrader, and ZeroX with an open API Marketplace that is preconnected to VoIP, KYC, and Payment service providers, your Brokerage can begin operations instantly. Depending on the user count, and choice of SaaS or dedicated, a CRM setup and licensing fee from Broctagon begins at 500 USD with no compromise on functions across all packages. Liquidity The choice of Liquidity Provider affects the product offerings and trading environment that a brokerage can provide its clients. It is essential to choose a liquidity provider that offers tight spreads and a wide range of instruments so that your brokerage is competitively priced with sufficient market exposure. Even more importantly, it is crucial to work with a licensed and regulated liquidity provider in reputable jurisdictions, to reduce your counterparty risk.  Established providers typically offer Prime of Prime (PoP) liquidity, which acts as an intermediary between retail Forex Brokerages and Banks (Prime Brokers). This enables the retail Forex Brokerage to gain access to institutional interbank liquidity, providing the necessary liquidity for seamless trade execution. Broctagon is a leading Prime of Prime, dual-licensed (CySEC, Labuan FSA) Liquidity Provider with more than 1800+ assets across FX, Metals, Oil, Commodities, Indices, Shares (US/HK/EU/JP/UK) ETFs, Futures and Crypto CFDs. Via proprietary price aggregation technology, we stream liquidity up to 10-tier Depth of Market (DOM) with a straightforward “plug and play” integration even for clients with no existing liquidity bridge. The charging model for most liquidity providers is a monthly minimum fee and volume fee, whichever is higher. The Monthly minimum fee for Broctagon liquidity starts from 2,500 USD per month with a flat volume fee across all instrument types. Conclusion The cost to start a Forex Brokerage business can be complex with many movable parts and factors. It requires a thorough analysis of various elements such as the type of business structure, location, licensing, technology, liquidity providers, payment systems, and customer relationship management. Moreover, different jurisdictions have different regulatory requirements and compliance costs, which can affect the overall expenses. Therefore, it is important for aspiring brokers to approach this process with careful consideration and planning. It is also advisable to seek professional advice from experienced full-suite solution providers who have both the width and depth of experience to help ensure you make informed decisions to minimize any unnecessary risks and detours. By taking these steps, new brokers can determine the most effective and efficient way to start their business and build a strong foundation for long-term success in the highly competitive forex market. If you wish to speak with our specialist for a free consultation, we are always happy to chat.

We started with a dream to bridge the gap for highly tailored FX solutions that add tangible and impactful value to Forex Brokers. 14 years and hundreds of brokers later, we revisit the question – What is Broctagon? Our team at iFX Expo Asia 2023 shares their answers. Broctagon is about Business Integrity. With strict compliance and a perfect track record, our multi-asset liquidity and aggregator technology empowers some of the largest brokers in the world.  Broctagon is Radical Innovation. We built the first FX CRM with multi-level IB rewards that is now fueling the expansion of many brokers globally, bringing in thousands of traders daily.  Broctagon is about Freedom to clients. We understand that every client is unique and there is no cookie cutter solution that fits all. That is why our solutions are modular, bespoke and can be tailored to the specific needs of your Broker.   Lastly, how do we motivate high performers and create synergy? Broctagon is all about Clan Culture. We are eager to collaborate both internally and with clients, and we stand firmly by our belief that our success only comes after yours. That is why the bulk of our clients have long-term partnerships with us. With a strong focus on these principal values and collaborative spirit, Broctagon has worked its way up to becoming the trusted partner for turnkey FX solutions, catering to the needs of brokers worldwide. If you ever need Forex solutions, remember - We’ve got your back, always.

The current era of rapid digital transformation has revolutionized financial transactions and investment models. Cryptocurrencies and blockchain technology have ushered in a new age of Decentralized Finance (DeFi) and tokenization strategies. Amidst these significant shifts, one strategy has emerged as a vital component in this evolving landscape: Token Vesting. This strategy, which involves a structured and systematic approach to releasing tokens to investors, employees, and other project participants, has proven instrumental in ensuring fairness, transparency, and security in the token economy. But how can one effectively harness this game-changing strategy? Enter Broctagon's bespoke Token Vesting Platform Development services. Broctagon's Token Vesting Platform: A Beacon of Trust and Security At the heart of our offering is the ready-made, white-label Token Vesting Platform. Designed as a secure and trustworthy solution, this platform fundamentally aims to safeguard the long-term value of your digital assets. While doing so, it does not compromise on user experience, instead providing an unparalleled, user-centric interface for your token stakeholders. Our platform addresses multiple areas of concern in the digital asset management landscape. Its robust security and customization features set it apart from the crowd. Whether it's the flexibility in vesting schedules, the assurance of pre-audited smart contracts, or its compatibility with any token, our platform demonstrates our unyielding commitment to safety and customization. Why Choose Broctagon? At Broctagon, we believe that your brand's identity is integral to your success. This conviction is reflected in our token vesting platform, which offers a ready-made User Interface (UI) with fully customizable branding options. Our platform is a perfect blend of technology and aesthetics, delivering a seamless and user-friendly experience that seamlessly mirrors your brand's identity and vision. One of the fundamental pillars of the digital token world is safety and security. To safeguard your digital assets, our platform is built upon the robust framework of self-executing smart contracts. These contracts function with precision and impartiality, ensuring the secure distribution of tokens. Furthermore, our smart contracts have undergone rigorous pre-audit procedures, ensuring they are free from vulnerabilities and risks. This added layer of security serves to fortify the trust of your token holders in your brand and its digital assets. Embracing Flexibility and Transparency Project timelines and requirements can vary greatly, necessitating a flexible approach to token distribution. Keeping this in mind, our platform provides flexibility in vesting schedules and distribution plans. Be it linear, monthly, or quarterly token distributions with cliffs, our platform caters to a wide range of distribution strategies, enabling you to adapt to your project's unique requirements. Transparency is the cornerstone of any successful token distribution strategy. We emphasize this principle by integrating a visual tracking interface into our platform. This intuitive tool provides user-friendly visuals that allow token holders to track allocated and claimable tokens effortlessly. This transparent tracking mechanism not only fosters trust but also promotes active participation from token holders, contributing to the overall success of your project. The Broctagon Advantage: Harnessing Expertise and Delivering Dedicated Support At Broctagon, we bring to the table industry-leading expertise and experience in fintech and blockchain. Our in-depth knowledge and skills enable us to develop and deliver cutting-edge solutions that align perfectly with your business needs. Our commitment to your success extends beyond the delivery of our platform. We offer dedicated support throughout your journey, from the initial setup to the launch and even beyond. Our team is committed to ensuring a seamless and rewarding experience, enabling you to concentrate on what truly matters - driving the growth and success of your business. Unleashing the Potential of Token Vesting The volatile nature of digital assets underscores the importance of a strategic, measured approach to token distribution. Token vesting is a strategy that has proven its mettle in maintaining the value of digital assets over the long term. By ensuring a gradual, scheduled release of tokens, it effectively mitigates the risks associated with abrupt sell-offs and market fluctuations. Broctagon's Token Vesting Platform Development services masterfully leverage this strategy, bringing its full potential to bear on your project. Our platform's flexible and customizable vesting schedules allow you to fine-tune your token distribution to perfectly align with your project's objectives and the expectations of your stakeholders. This adaptability sets us apart from our competitors, equipping us to cater to different participant categories and unique project requirements. Powering Ahead with Broctagon: Ensuring a Seamless Token Distribution Experience At Broctagon, we harness the power of blockchain technology to design our token vesting platform. The foundation of this platform is self-executing smart contracts, which facilitate a seamless and secure token distribution process. Moreover, these smart contracts have been pre-audited to eliminate vulnerabilities and ensure the safe handling of your digital assets. Our platform is designed to accommodate any token, marking it as a truly universal solution. So, whether you're dealing with established cryptocurrencies or launching a brand-new digital asset, our platform is ready to cater to your needs. Embark on Your Journey Towards a Prosperous Token Economy with Broctagon The future of tokenization is here, and it is secure, transparent, and customizable. Optimize your token distribution, instill confidence in your stakeholders, and empower your token economy with Broctagon's superior token vesting platform. Experience the transformative power of an efficient and equitable token distribution system by scheduling a free demo with us. Together, let's redefine the landscape of token distribution and shape a fair, fruitful token economy. Don't just take our word for it - reach out to us today and start your journey towards a thriving token economy. With Broctagon's comprehensive Token Vesting Platform Development services at your side, the future of your project looks bright indeed.

“While a huge driver of its growth, shib's status as a memecoin may very well also be its bane," said Don Guo, the chief executive of trading technology company Broctagon, said in emailed comments, adding he believes it's "impossible" that shiba inu could ever reach $1.

“Named the Boba Network, the project is a layer-2 solution that allows crypto to have payment processing speeds that rival payment heavyweights like Visa and Mastercard,” Don Guo, CEO of Broctagon, said. “Game-changers like these, much like the NEXUS WorldBook movement, which is an inter-exchange liquidity network for digital assets, can create greater visibility and trust for crypto as a whole.”

AscendEX is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 150 blockchain projects such as bitcoin, ether, and ripple.

Singapore, September 14, 2021: Fintech solutions provider, Broctagon Fintech Group, today launched WorldBook, a global crypto movement focused on solving key liquidity issues plaguing the industry. WorldBook is the world’s first crypto STP (Straight-Through Processing) network with the largest aggregated liquidity pool. The initiative aims to introduce a universal standard of liquidity for digital assets, uniting both processes and technology within the crypto industry under a single framework. Unlike the highly streamlined Forex or Securities financial markets, crypto trading is highly fragmented with significant price disparity across exchanges. This is largely because of existing market norms where exchanges operate in a silo within their orderbook, limiting their offerings and therefore prices to the participants within. The eponymous WorldBook combines the orderbooks of all connected exchanges to create a unified orderbook that enables multilateral liquidity flow. Instead of being confined to local orderbooks which may represent less than 1% of the total industry, exchanges now gain access to 85% of the market. This is made possible by the NEXUS 2.0 aggregator, the driving engine that powers the WorldBook with SOR (Smart Order Routing), which allows for global price discovery and best bid and offer. Don Guo, CEO of Broctagon Fintech Group “Despite the gaining acceptance of crypto, it remains a “wild west” with no dominant technology or standard in which it operates. With the WorldBook’s price aggregation, we found that bitcoin had an average negative spread of USD$10, even amongst the major exchanges. This means that with over USD$15.5 trillion in trading volume over the past year, traders could have saved USD$5.7 billion in spreads and this is for bitcoin alone, which is already the most efficient and liquid digital asset. The price disparity could only be worse for the thousands of altcoins across many smaller exchanges.” said Don Guo, Co-Founder and CEO, Broctagon Fintech Group highlighting the issues. “We engineered the WorldBook infrastructure taking a page from the fundamentals of FX interbank liquidity. With our experience as a regulated FX liquidity provider, we believe the Prime of Prime (PoP) model has the potential to disrupt the industry and increase crypto trading volumes by more than 400% in the near future.” The WorldBook is part of Broctagon’s commitment to propel the crypto industry towards regulatory compliance, adoption, and maturity. As Singapore looks to be a poster child for the crypto industry with its welcoming policies, the homegrown fintech company seeks to support this national agenda. Exchanges are welcome to connect to the WorldBook for free. The advantages for exchanges include an evident increase in volumes and a decrease in bid-ask spread amongst others. For example, the BTSE exchange experienced an eight-fold increase in trading volume, surpassing 10,000 trades across six crypto pairs within the first month. “Liquidity challenges exist for newer and established exchanges alike. The former requires extensive capital for marketing to capture enough users for a liquid orderbook while the latter often pay hefty fees for external market maker services to drive profitability. The WorldBook is a solution for both. With universal prices and unprecedented depth, exchanges can focus on other aspects of the business to bring further value to their clients.” said Don. Shadab Taiyabi, President of Singapore FinTech Association “We congratulate Broctagon, which is one of our active members, on their launch of the WorldBook. The growth of our FinTech ecosystem is a collective effort of all members of the community, fintech and financial institutions alike,” said Shadab Taiyabi, President of Singapore FinTech Association, a cross-industry non-profit initiative recognised by the Monetary Authority of Singapore. Globally, crypto exchanges that are not within the top 3 percentile account for only less than 10% of total trading volume, according to data derived from CoinGecko. With its symmetrical flow of liquidity, the WorldBook levels the playing field for newer exchanges to contend and explore new frontiers, driving growth for the entire industry at large. “We recognize how a standardized framework for liquidity can ensure steady supply and demand for our clients. It is a pleasure to work with the WorldBook, and we shall support them as they look to introduce cohesive standards for the entire industry and elicit greater public adoption of cryptocurrency,” said Weber Woo, CEO, XT Exchange, the first digital asset social trading platform with close to half a million active monthly traders. Beyond a liquidity network, the Worldbook is also an open initiative to forge greater collaboration amongst industry peers old and new, to create a digital asset landscape primed for multifaceted participation. Amongst its pioneering members are Huobi Group, FCA-regulated Archax, BitKub, as well as RegTech companies such as Horangi and Cypnopsis as well as Defi and blockchain firms like Hodlnaut and Bholdus amongst many others. Those who want to be members may visit nexusworldbook.com to indicate interest. Alternatively, they can reach out to the WorldBook through its Telegram (https://t.me/nexusworldbook) or drop the WorldBook an email at [email protected].

ParallelChain, an award-winning blockchain wallet solution provider, is the latest participant to join the inter-exchange liquidity network known as the WorldBook™. The NEXUS WorldBook is an initiative by Broctagon Fintech Group, under the licensed entity Broctagon Prime Markets Limited to create a universal liquidity standard for digital assets. Ian Huang, Founder and CEO of ParallelChain, said: “The DeFi and crypto space is reshaping the financial system. Due to these distinctive characteristics, DeFi community and traditional enterprises are facing big challenges as they become more intertwined. We need to create an environment that enables seamless access between the two, one that understands their respective needs and values — this is at the heart of what we do at ParallelChain. In support of the WorldBook initiative, ParallelChain will bring the much-needed stability, accountability and privacy protection for the institutional adoption of crypto.” Cecilia Chan, Head of Liquidity (Asia) and Executive Director of Broctagon Fintech Group, commented on ParallelChain’s participation on the WorldBook network, saying: “More than just a wallet solution, ParallelChain’s cross-functional utility can even cover KYC, data security, and supply chain solutions. Through their understanding of scalability, latency and security — all important issues surrounding blockchain technology, the WorldBook will gain a greater perspective of how blockchain can be employed in various use cases.” About ParallelChainParallelChain is a layer-1 project that brings accountability to the public blockchain and crypto sector. Comprised of public and private networks, ParallelChain creates an ecosystem where enterprises and the crypto community can enjoy seamless access to each other’s markets and value-adding interaction. It provides the necessary backbone infrastructure as this new fusion economy takes shape. About NEXUS WorldBookThe NEXUS WorldBook™ is the world’s first crypto liquidity ecosystem, committed to building a cohesive network for both makers and takers. The WorldBook leverages on the NEXUS 2.0 aggregator technology to offer its members global price discovery and direct STP capabilities on a universal liquidity standard. To find out more about ParallelChain, visit: Website: https://www.parallelchain.io/Telegram: https://t.me/parallelchainofficialTwitter: https://twitter.com/DTL_blockchainLinkedIn: https://linkedin.com/company/digital-transaction-limitedMedium: https://medium.com/digital-transaction-limitedYouTube: https://www.youtube.com/c/DigitalTransaction To find out more about or to join the NEXUS WorldBook, visit: Website: https://nexusworldbook.comFacebook: https://www.facebook.com/NEXUSWorldBookLinkedIn: https://www.linkedin.com/showcase/74741847/Twitter: https://twitter.com/NEXUSWorldBookInstagram: https://www.instagram.com/nexusworldbook/YouTube: https://www.youtube.com/channel/UCT5_f3W2SEBDsWrJc8YGAEw

AlphaPoint, a global provider of white-label software for launching and operating crypto and digital asset marketplaces, is the latest participant to join the inter-exchange liquidity network known as the WorldBook™. The NEXUS WorldBook is an initiative by Broctagon Fintech Group, under the licensed entity Broctagon Prime Markets Limited to create a universal liquidity standard for digital assets. Igor Telyatnikov, Co-founder and CEO of AlphaPoint, said: “AlphaPoint and its award winning blockchain technology have helped startups and institutions discover and execute their blockchain strategies since 2013. We are committed to furthering development and implementation of new technologies and standards to promote adoption worldwide and increase the net-benefit impact of crypto. Our membership in the WorldBook movement is an expression of this commitment, and we expect exciting opportunities to follow from this partnership.” Ted Quek, CTO of Broctagon Fintech Group, commented on AlphaPoint’s participation on the WorldBook network, saying: “AlphaPoint is uniquely positioned as the only technology provider in the crypto-exchange platform space that offers software solutions for both primary issuance and secondary trading. Given their experience in launching exchanges from the ground up, we are excited to welcome AlphaPoint to the WorldBook. As a solutions provider, their adoption of universal crypto-standards will undoubtedly set the pace for their takers.” About AlphaPointAlphaPoint is a white-label software company powering crypto exchanges worldwide. Through its secure, scalable, and customizable digital asset trading platform, AlphaPoint has enabled over 150 customers in 35 countries to launch and operate crypto markets, as well as digitize assets. About NEXUS WorldBookThe NEXUS WorldBook™ is the world’s first crypto liquidity ecosystem, committed to building a cohesive network for both makers and takers. The WorldBook leverages on the NEXUS 2.0 aggregator technology to offer its members global price discovery and direct STP capabilities on a universal liquidity standard. To find out more about AlphaPoint, visit: Website: https://alphapoint.com/Facebook: https://www.facebook.com/AlphaPointLive/Twitter: https://twitter.com/AlphaPointLiveLinkedIn: https://linkedin.com/company/alpha-pointYouTube: https://www.youtube.com/channel/UClPeLvua-m00J_I5ah8ZdpQ To find out more about or to join the NEXUS WorldBook, visit: Website: https://nexusworldbook.comFacebook: https://www.facebook.com/NEXUSWorldBookLinkedIn: https://www.linkedin.com/showcase/74741847/Twitter: https://twitter.com/NEXUSWorldBookInstagram: https://www.instagram.com/nexusworldbook/YouTube: https://www.youtube.com/channel/UCT5_f3W2SEBDsWrJc8YGAEw

Archax, the first FCA-regulated exchange, is the latest participant to join the inter-exchange liquidity network known as the WorldBook™. The NEXUS WorldBook is an initiative by Broctagon Fintech Group, under the licensed entity Broctagon Prime Markets Limited to create a universal liquidity standard for digital assets. Simon Barnby, CMO of Archax, said: “Archax has built its niche working in highly regulated markets. This has enabled us to acquire a deep understanding of the blockchain and DLT landscape as well as a vision of how to evolve and transparently open up digital assets to institutions. As the only FCA-regulated digital securities exchange, we are excited to be working with WorldBook to continue our journey to enable the onset of mass digital asset acceptance.” Ted Quek, CTO of Broctagon Fintech Group, commented on Archax’s participation on the WorldBook network, saying: “Archax’s extensive portfolio encompasses investment, trading, listing and digital asset custody. Their work and experience with both institutional investors and regulatory bodies will help paint a clearer picture of the latter’s expectations, and we are thrilled to have them onboard the movement.” About ArchaxArchax is a global, FCA-regulated, digital asset exchange, brokerage and custodian based in London. Founded by experts from the financial markets world and backed by an accomplished advisory board, Archax offers a credible bridge between the blockchain-centric crypto community and the traditional investment space. About NEXUS WorldBookThe NEXUS WorldBook™ is the world’s first crypto liquidity ecosystem, committed to building a cohesive network for both makers and takers. The WorldBook leverages on the NEXUS 2.0 aggregator technology to offer its members global price discovery and direct STP capabilities on a universal liquidity standard. To find out more about Archax, visit: Website: https://www.archax.com/Twitter: https://twitter.com/archaxexMedium: https://medium.com/archaxexLinkedIn: https://www.linkedin.com/company/archaxex/ To find out more about or to join the NEXUS WorldBook, visit: Website: https://nexusworldbook.comFacebook: https://www.facebook.com/NEXUSWorldBookLinkedIn: https://www.linkedin.com/showcase/74741847/Twitter: https://twitter.com/NEXUSWorldBookInstagram: https://www.instagram.com/nexusworldbook/YouTube: https://www.youtube.com/channel/UCT5_f3W2SEBDsWrJc8YGAEw

BTSE, a multi-currency digital assets exchange, is the latest participant to join the inter-exchange liquidity network known as the WorldBook™. The NEXUS WorldBook is an initiative by Broctagon Fintech Group, under the licensed entity Broctagon Prime Markets Limited to create a universal liquidity standard for digital assets. Jonathan Leong, Founder of BTSE Jonathan Leong, Founder of BTSE, said: “Through technology, BTSE aims to bridge the convenience of digital assets solutions with the conventions of traditional finance. As such, we are delighted to be part of the NEXUS WorldBook through our strong partnership with Broctagon Fintech Group. Together we strengthen crypto’s market network to bring digital assets to the forefront of the institutional financial landscape.” Cecilia Chan, Head of Liquidity (Asia) and ED of Broctagon Cecilia Chan, Head of Liquidity (Asia) and Executive Director of Broctagon Fintech Group, commented on BTSE’s participation on the WorldBook network, saying: “BTSE’s suite of turnkey exchange solutions include spot trading, white-labels, OTC, asset management, and payment gateways. Now with access to the WorldBook’s unified liquidity standard, BTSE’s liquidity pool will be positioned to offer better prices and tighter spreads for the many arms of its business.” About BTSEBTSE is a leading digital assets exchange and fintech company that empowers users by offering a simple and secure way to trade. Its growing suite of financial services is designed to bridge digital assets solutions with traditional finance. About NEXUS WorldBookThe NEXUS WorldBook™ is the world’s first crypto liquidity ecosystem, committed to building a cohesive network for both makers and takers. The WorldBook leverages on the NEXUS 2.0 aggregator technology to offer its members global price discovery and direct STP capabilities on a universal liquidity standard. To find out more about BTSE, visit: Website: https://www.btse.com/Facebook: https://www.facebook.com/btsecomTwitter: https://twitter.com/BTSEcomMedium: https://btse-official.medium.com/Telegram: https://t.me/btsecomYouTube: https://www.youtube.com/channel/UCnCG4T18V6MfNxCnTTCWV0g/featured To find out more about or to join the Nexus WorldBook, visit:Website: https://nexusworldbook.comFacebook: https://www.facebook.com/NEXUSWorldBookLinkedIn: https://www.linkedin.com/showcase/74741847/Twitter: https://twitter.com/NEXUSWorldBookInstagram: https://www.instagram.com/nexusworldbook/YouTube: https://www.youtube.com/channel/UCT5_f3W2SEBDsWrJc8YGAEw

Hodlnaut, a crypto interest-earning platform based out of Singapore, is the latest participant to join the inter-exchange liquidity network known as the WorldBook™. The NEXUS WorldBook is an initiative by Broctagon Fintech Group, under the licensed entity Broctagon Prime Markets Limited to create a universal liquidity standard for digital assets. Juntao Zhu, Co-founder and CEO of Hodlnaut, said: “Traditionally, Bitcoin holders will only be able to profit off-price increments from the asset. At the same time, they’re also looking for ways to improve the return on their assets while waiting for the value to appreciate. That’s why we came up with Hodlnaut. We want to help Bitcoin holders earn interest on their Bitcoin and unlock its full value and the opportunity costs of holding it. This method is called “yield farming.” What makes us different from, let say, depositing your assets into decentralized finance is that we focus on the customer experience. As a centralized finance platform, we take care of everything and ensure users get the best return on their investment without any hassle. The WorldBook initiative is a wonderful avenue where we can work together towards a more standardized and healthy crypto ecosystem.” Desmond Ang, Managing Director of Broctagon Fintech Group, commented on Hodlnaut’s participation on the WorldBook network, saying: “We are pleased to welcome Hodlnaut to the WorldBook initiative. With up to 12.73% APY, Hodlnaut’s crypto-interest account allows for its clients to deposit crypto and earn immediately with no lock ups or withdrawal limits. As crypto becomes a bigger part of mainstream investment, crypto-finance companies like Hodlnaut will play an integral role in financing the crypto-economy.” About HodlnautHodlnaut is the leading Crypto Borrowing and Lending Platform based in Singapore whose mission is to provide financial services to cryptocurrency users. The platform currently has over $500 Million USD of Digital Assets under Management and is growing at an average of 20% month on month. About NEXUS WorldBookThe NEXUS WorldBook™ is the world’s first crypto liquidity ecosystem, committed to building a cohesive network for both makers and takers. The WorldBook leverages on the NEXUS 2.0 aggregator technology to offer its members global price discovery and direct STP capabilities on a universal liquidity standard. To find out more about Hodlnaut, visit: Website: https://www.hodlnaut.com/Facebook: https://www.facebook.com/hodlnautdotcomInstagram: https://www.instagram.com/hodlnautdotcom/Twitter: https://twitter.com/hodlnautdotcomTelegram: https://twitter.com/hodlnautdotcom To find out more about or to join the NEXUS WorldBook, visit: Website: https://nexusworldbook.comFacebook: https://www.facebook.com/NEXUSWorldBookLinkedIn: https://www.linkedin.com/showcase/74741847/Twitter: https://twitter.com/NEXUSWorldBookInstagram: https://www.instagram.com/nexusworldbook/YouTube: https://www.youtube.com/channel/UCT5_f3W2SEBDsWrJc8YGAEw

The current era of rapid digital transformation has revolutionized financial transactions and investment models. Cryptocurrencies and blockchain technology have ushered in a new age of Decentralized Finance (DeFi) and tokenization strategies. Amidst these significant shifts, one strategy has emerged as a vital component in this evolving landscape: Token Vesting. This strategy, which involves a structured and systematic approach to releasing tokens to investors, employees, and other project participants, has proven instrumental in ensuring fairness, transparency, and security in the token economy. But how can one effectively harness this game-changing strategy? Enter Broctagon's bespoke Token Vesting Platform Development services. Broctagon's Token Vesting Platform: A Beacon of Trust and Security At the heart of our offering is the ready-made, white-label Token Vesting Platform. Designed as a secure and trustworthy solution, this platform fundamentally aims to safeguard the long-term value of your digital assets. While doing so, it does not compromise on user experience, instead providing an unparalleled, user-centric interface for your token stakeholders. Our platform addresses multiple areas of concern in the digital asset management landscape. Its robust security and customization features set it apart from the crowd. Whether it's the flexibility in vesting schedules, the assurance of pre-audited smart contracts, or its compatibility with any token, our platform demonstrates our unyielding commitment to safety and customization. Why Choose Broctagon? At Broctagon, we believe that your brand's identity is integral to your success. This conviction is reflected in our token vesting platform, which offers a ready-made User Interface (UI) with fully customizable branding options. Our platform is a perfect blend of technology and aesthetics, delivering a seamless and user-friendly experience that seamlessly mirrors your brand's identity and vision. One of the fundamental pillars of the digital token world is safety and security. To safeguard your digital assets, our platform is built upon the robust framework of self-executing smart contracts. These contracts function with precision and impartiality, ensuring the secure distribution of tokens. Furthermore, our smart contracts have undergone rigorous pre-audit procedures, ensuring they are free from vulnerabilities and risks. This added layer of security serves to fortify the trust of your token holders in your brand and its digital assets. Embracing Flexibility and Transparency Project timelines and requirements can vary greatly, necessitating a flexible approach to token distribution. Keeping this in mind, our platform provides flexibility in vesting schedules and distribution plans. Be it linear, monthly, or quarterly token distributions with cliffs, our platform caters to a wide range of distribution strategies, enabling you to adapt to your project's unique requirements. Transparency is the cornerstone of any successful token distribution strategy. We emphasize this principle by integrating a visual tracking interface into our platform. This intuitive tool provides user-friendly visuals that allow token holders to track allocated and claimable tokens effortlessly. This transparent tracking mechanism not only fosters trust but also promotes active participation from token holders, contributing to the overall success of your project. The Broctagon Advantage: Harnessing Expertise and Delivering Dedicated Support At Broctagon, we bring to the table industry-leading expertise and experience in fintech and blockchain. Our in-depth knowledge and skills enable us to develop and deliver cutting-edge solutions that align perfectly with your business needs. Our commitment to your success extends beyond the delivery of our platform. We offer dedicated support throughout your journey, from the initial setup to the launch and even beyond. Our team is committed to ensuring a seamless and rewarding experience, enabling you to concentrate on what truly matters - driving the growth and success of your business. Unleashing the Potential of Token Vesting The volatile nature of digital assets underscores the importance of a strategic, measured approach to token distribution. Token vesting is a strategy that has proven its mettle in maintaining the value of digital assets over the long term. By ensuring a gradual, scheduled release of tokens, it effectively mitigates the risks associated with abrupt sell-offs and market fluctuations. Broctagon's Token Vesting Platform Development services masterfully leverage this strategy, bringing its full potential to bear on your project. Our platform's flexible and customizable vesting schedules allow you to fine-tune your token distribution to perfectly align with your project's objectives and the expectations of your stakeholders. This adaptability sets us apart from our competitors, equipping us to cater to different participant categories and unique project requirements. Powering Ahead with Broctagon: Ensuring a Seamless Token Distribution Experience At Broctagon, we harness the power of blockchain technology to design our token vesting platform. The foundation of this platform is self-executing smart contracts, which facilitate a seamless and secure token distribution process. Moreover, these smart contracts have been pre-audited to eliminate vulnerabilities and ensure the safe handling of your digital assets. Our platform is designed to accommodate any token, marking it as a truly universal solution. So, whether you're dealing with established cryptocurrencies or launching a brand-new digital asset, our platform is ready to cater to your needs. Embark on Your Journey Towards a Prosperous Token Economy with Broctagon The future of tokenization is here, and it is secure, transparent, and customizable. Optimize your token distribution, instill confidence in your stakeholders, and empower your token economy with Broctagon's superior token vesting platform. Experience the transformative power of an efficient and equitable token distribution system by scheduling a free demo with us. Together, let's redefine the landscape of token distribution and shape a fair, fruitful token economy. Don't just take our word for it - reach out to us today and start your journey towards a thriving token economy. With Broctagon's comprehensive Token Vesting Platform Development services at your side, the future of your project looks bright indeed.

Broctagon has introduced a brokerage CRM for cTrader with its integration into the proprietary FX brokerage customer management system– AXIS.

In this latest version update AXIS CRM V6.2, we are pleased to announce the latest platform integrations that will allow more customization, flexibility and streamlining of processes in trader management. We also introduced other new functionalities that would improve networking capabilities and optimization for brokerages.

In this latest version update AXIS CRM V5.15, we are pleased to announce the launch of a game-changer for FX brokerages using AXIS – the Progressive Web App (PWA) client portal. We also introduced other updates that would improve dynamic customization and control for brokers to onboard new users. Progressive Web App (PWA) We have launched the progressive web app (PWA) for brokers, introducing a stunning combination of rich functionality and the smooth user experience associated with native apps, while also offering seamless compatibility. The PWA will mimic navigation and interactions of a native app, allowing brokers to implement dynamic functionalities without requiring any complication installation process. The PWA will bring a host of advantages to brokerages and their clients: Full Responsiveness and Browser Compatibility: PWAs work with all browsers and are compatible with any device, delivering the same experience to tablet and mobile users as well. The PWA is built according to progressive enhancement, a web design strategy that provides functionality and content regardless of types of browsers while delivering more sophisticated page versions to users whose newer browsers can support them. Connectivity Independence: Progressive web applications can work both offline and on low-quality networks and delivers basic functionality regardless of connectivity. Easy Updates and Installation: Apps can be shared through a URL instead of having to download it only from the app store. The installation is simple, traders can now install the client portal desktop app from their browsers. Here’s how you share the PWA for different operating systems and devices: For Apple iOS Devices Safari browser: The installation window cannot be set to automatically pop up. Users can click the "Share" button and select "Add to Home Screen" from settings Chrome and Edge browsers: Similarly, the installation window cannot be set to automatically pop up. The PWA cannot be added to the desktop through these browsers, as iOS system does not allow this permission to third-party applications. For Android Devices For Chrome and Edge browsers: Different mobile phone brands may behave differently. The following brands have been tested: OPPO, Xiaomi: The installation window pops up, and PWA can be installed on the desktop. HUAWEI HarmonyOS: The installation window pops up, users can manually add it to their desktop. Dynamic KYC Forms We have also introduced dynamic KYC form settings to introduce a more seamless and efficient onboarding process for different categories of clients that may require different sets of KYC information. Admins can now add multiple KYC forms under the ‘KYC Settings’ in the ‘KYC Dynamic Form’ tab. Field descriptions can now be added on the ‘Form Type Settings’ page to provide clarity for forms and their functions for internal teams. Admins can edit, disable, or delete the forms from the same page. We have added a preview function in the ‘Display Mode’ for documents uploaded to ‘KYC Dynamic Form’. The only formats not supported are .txt, .xlsx and .docx. On the client portal, users will get the option to select the relevant KYC form before submitting it. The trader registration process is optimized to 4 steps to greatly reduce sign-up friction. Client Management A new ‘tasks’ function has been added to allow brokers to better manage clients and structure their internal processes by creating tasks and to-do lists. Here is the new ‘Tasks Settings’ page, which shows an overview of all pending tasks assigned,  follow-up needed for clients and their priority status. Tasks will also show up on a specific client’s page, and admins can add new tasks where needed. Tasks can also be set to follow up on a ‘Leads’ page, so that no potential leads are lost.Permissions can be configured for different admin levels such as ‘Read Tasks’ and ‘Add Tasks’. Types of admin-data permissions include: Company Wide: View all tasks assigned to company-wide on the list, and client and lead details pages. All Referred Clients: View tasks assigned to all subordinate users on the list, including client and lead details pages. Directly Referred Clients: View tasks assigned to direct subordinate users on the list, including client and lead details pages. Time stamps have been added to ‘Follow-up Record’ to allow client follow-ups to be better managed. Automated System Tags For certain event-trigged actions, the CRM system can now tag these actions automatically, allowing admins to sort and view account actions clearly. These events are: ‘Deposited’: The trading account or wallet has made its first deposit ‘Account Opened’: The trading account has been opened or bound to a client ‘Traded’: The bound trading account has a opened a position or created a trade history These system tags are also added as a new field in the filters for the ‘Client’ list, where admins can check and filter accounts that have performed specific actions, in order to follow up with them. The filtering system has also been enhanced to filter by ‘Trading Account’ and ‘Lead Source’. Deposit Settings We have added an automatic retry function in the event of a deposit auto-approval failure. Admins can trigger this function by checking “Automatic retry on audit failure” to allow the system to automatically retry failed approval requests. This function allows the system to automatically attempt re-approval in the event that the MT connection is unstable and causes deposit auto-approval to fail initially. Caution: When the system automatically retries deposit approval, it checks the trading platform’s database for the corresponding deposit records. However, in abnormal situations, if the database fails to sync the correct result, this will result in duplicate deposits. Brokers will then have to manually withdraw the incorrect funds or consider disabling this function. It is highly recommended that brokers using this function continuously perform account reconciliation to detect duplicate deposits. Retry settings: If the option ‘Automatic’ or ‘Partial Approval’ has been selected, and the ‘Automatic retry” box is checked, the system will perform a deposit retry on the failed records every 30 minutes for records within the hour. Notification settings: Admins can configure settings to send notifications to selected parties in the event of an automatic verification failure. A description field has been added to online deposit method in ‘Deposit Settings’. Users can now configure a time range according to time zones for their ‘Daily Deposit Settings’. Automated Affiliate Tier Upgrade As the core of the AXIS CRM, the multi-tier affiliate system has received another major upgrade. With the new automated tier upgrade function, affiliate promotions can now be self-triggered upon criteria fulfilment, allow brokers and IBs to manage their affiliate networks much more efficiently. Tier Upgrade Settings: Affiliate network tiers can now be upgraded automatically via a sophisticated rule-setting algorithm. Simply create a new rule and set the relevant parameters in which a client’s tier should be upgraded. When these criteria are met, the upgrade happens automatically with no manual administrative process required. Tier Upgrade Reports: Reports can be generated for an in-depth overview of clients and their current tiers, network hierarchy, their new upgraded tiers and more. A time range function has been added for which client reports can be viewed. Limits can be set for a number of weeks or months, and further segregated by levels of referred clients. Client Portal Client Dashboard(i) For quicker navigation, shortcuts to frequently-used functions have been added to the dashboard, so that clients can click on the icons to access them. (ii) An overview chart of the user’s ‘Total Balance’ in the last month can also be viewed from the dashboard. My ClientsClient data has been streamlined with a detailed ‘Client Distribution’ table, sorting number and percentage of clients by country. CommissionAn overview chart of the user’s ‘Commission’ in the last month can be viewed from the Referral tab. Exchange RateIf the exchange rate has been changed, a prompt will now appear when clients attempt to make a deposit, transfer, or withdrawal, to keep them informed and updated. Sign Up Free Trial Book a Demo

In this latest version update AXIS CRM V5.6, we enhanced control for brokers by introducing more UI customization options and data filtering to fully utilize the AXIS’ core IB/affiliate network capabilities. UI Customization We have enabled more customization for the user interfaces of both the Admin Portal and Client Portal, allowing brokers to take control of business processes to better suit their needs. The portal landing page and navigation settings now have more customization options. Create your unique CRM that exudes in-house vibes. Client Portal The default style of the landing page is now set to 'center'. Users can also choose to set it to 'left', 'right'. Light and dark themes are also available. The theme color is also customizable with specific HTML color codes. The default style of the navigation bar is now set to 'left'. Users can also set the navigation bar to appear at the top. Admin Portal The default style of the landing page is now set to 'center'. Users can also choose to set it to 'left', 'right'. Light and dark themes are also available. The theme color is also customizable with specific HTML color codes. The default style of the navigation bar is now set to 'top'. Users can also set the navigation bar to appear on the left. 9 different variations and colors of email templates have been added for admins to customize emails for specific branding or occasions. To trigger this, admins will have to install the application in the marketplace. To use templates when sending emails, go to 'Notify' > 'Email'. Payment and Funding We have added functionalities for payment and banking to streamline processes for brokers. Deposits through ChillPay are now supported. Deposits through Paypal are now supported. A minimum and maximum amount can now be set in transfer settings to minimize transfer errors. The process of adding bank cards and KYC verification has been streamlined. The 'Bank Card' module in 'Clients Details' has been moved till after the 'KYC' module. This is to prevent adding of bank cards before the KYC process. Admins can add now and update clients' bank cards on the 'Clients Details' page. Notifications Admins now have the ability to revoke pop-up notifications within two hours of publishing. Permissions for viewing emails and pop-up notifications can now be customized depending on network roles. Company Wide: Permission to view all emails and pop-up notifications sent to clients. Directly Referred Clients: Permission to view emails and pop-up notifications sent to clients by direct team members. Same Role: Permission to view emails and pop-up notifications sent to clients by admins of the same role. All Referred Clients: Permission to view emails and pop-up notifications sent to clients by team members. Admin Portal Promotion Links In 'Promotion Link' settings, 'Downlines' has been added as a group option. This is to allow IBs to create promotional links that specifically target their referred clients. Bonus Campaigns Admins can now amp up marketing and referrals via distribution of bonuses. Bonuses can be rewarded via Bonus Campaigns, which can be created under 'Bonus' > ‘Bonus Settings' > 'New Campaign'. Trading Platform Under 'Trading Platform' settings, the information that is automatically synced to the MT platform can now be customized. Here are the additional optional fields: Phone Number Email Agent Account KYC (including Place of Residence, Postal code and Address KYC During the trader registration and KYC approval process, a notification has been set to trigger when a KYC Identity Card/Passport Number already exists in the system. This is to ensure that each entry is unique and reduce accidental duplication. Filtering The client list can now be filtered by those who have a referrer and those who do not. The client list can now also be filtered by those who do not possess a trading account. The lead source for clients can now be displayed. It is hidden by default. Admins can now do a quick search of reports by keying in the order ID. Supported reports: Back Office → Reports → CRM Reports→Transactions Back Office → Reports → MT Reports → Trade History Back Office → Reports → MT Reports → Open Positions Back Office → Reports → MT Reports → Pending Orders Client Portal → Referral → Clients' Reports → Transactions Client Portal → Referral → Clients' Reports → Trade History Client Portal → Referral → Clients' Reports → Open Positions Client Portal → Referral → Clients' Reports → Pending Orders Reports Report functions have been improved to introduce more sophistication for bonus tracking. Trigger Order Reports: 'Trigger Order' reports can be generated to track bonuses that are rewarded when clients deposit funds. This allows admins to track the source of bonuses and events in which they are triggered. Bonus Reports: The system can auto-generate regular bonus reports, which allows admins to view all the calculated bonus records. Bonus Payout Reports:  24 hours after a bonus calculation is completed, the bonuses for each client will be calculated and a one-time deposit will be made to the client's account. Admin can view all statuses of rewarded bonuses. General To improve user experience, the following formatting has been done: All figures showing monetary currency is now formatted to be clearly separated by commas. For example, 10000 USD will show as 10,000 USD. A space is now added after a colon in fields. This takes effect in 'Client' > 'KYC' page and all approval request detail pages. Learn More Schedule a Demo

Broctagon has expanded liquidity offerings list to 1,800+ instruments! With our proprietary aggregator technology, we are ever-increasing our assets offered, providing enhanced market depth and razor thin spreads in a frictionless marketplace.

In this latest version upgrade for AXIS 3.0, we have made updates and adjustments to Broctagon's fully customisable SaaS solution and CRM for brokerages engineered for client expansion. We have worked to make account and trader management more efficient and customizable for brokers and IBs.

With Broctagon's professional whitepaper writing services, our team of business consultants, blockchain advisors, marketers, and industry experts will come together to help you conceptualize and create a whitepaper that makes your project shine.

Broctagon has just announced the launch of its customized DeFi Decentralized Exchanges (DEX) Platform and Automated Market Maker (AMM) Protocol integration.

The main thing that puzzles most non-crypto fanatics is, why would anyone pay for high value NFTs when in this digital age, anything can be watched, copied or downloaded for free?

Owing to the country’s friendly regulatory environment with respect to financial markets, and fintech and blockchain within it, various other global cryptocurrency groups are expanding their presence in Singapore.

Non-Fungible Tokens (NFT) can help artists in a way by driving a change in how art is bought, sold, supported, enjoyed and created.

Today, social media platforms are a part of our everyday lives. We barely notice it, but millions of people around the world communicate, socialize, keep themselves updated with news, shop for products/services, and simply entertain themselves on social media. Every subject and trending issue can be seen on social media, and it is the fastest way to get the message out to a global audience. Online networks and user-generated content make up a considerable portion content on the Internet today. It is a platform for brands, creators, artists and any user to share their content and be heard. According to DataReportal, there are 4.33 billion social media users around the world at the start of 2021, equating to more than 55 percent of the total global population. Figures suggest that social media users equate to annualised growth of 13.7 percent, or an average 16½ new users every single second. A recent trending technology, NFT or Non-Fungible Tokens, has been the buzz and it is inevitable how this could eventually weave its way into social media, a phenomenon that has also intertwined with our daily lives in the last couple years. What is an NFT? An NFT (non-fungible digital token) is a token minted on blockchain technology that represents a unique asset and is not interchangeable. A blockchain is a distributed software network that functions both as a digital ledger and a mechanism enabling the secure transfer of assets without an intermediary. On the blockchain explorer, the history, owners and authenticity of each NFT can be verified. Read More: What is an NFT? Non-Fungible Tokens Explained An NFT can consist of an asset, say a piece of digital artwork, music or photo, plus a contract on blockchain asserting that the created piece of art is the original. NFTs are becoming more and more mainstream: collectors and artists have spent around $200 million on NFT-based artwork according to market tracker NonFungible.com compared to $250 million throughout all of 2020. NFTs have started to gain a broad attention as more celebrities get into the board. Elon Mask, Mark Cuban and Linkin Park guitarist Mike Shinoda started minting their own tokens. How Social Media Users Can Benefit from NFTs Monetization and Commodification of Digital Content NFTs give brands, marketers, influencers and any social media user the ability to create and monetize their content. Turning digital content on social media into NFTs allows an intangible artwork or photo to have tangible value by being tied to a crypto-based token, giving it accessibility and liquidity. Commodification is possible through the tokenization, by converting the physical or virtual content into digital units that can be bought and sold. As Oscar Wilde noted, all art is quite useless - the value of art is purely based on community-consensus and authenticity is valuable because it is scarce. Assigning a value to content through NFTs gives it that value. Earnings from Royalties Today, social media content producers pay out some of their profit to third-party intermediaries and platform fees. Blockchain-based social media platforms are disrupting this process by taking the middleman out and enabling content producers to have complete control over how and where their content is distributed and profit from the production of passive income. For artists and creators, being able to sell their work directly to a global buyer without going through an auction house or third party gives them a bigger portion of the profits they make from sales. Royalties can even be programmed into an NFT so that the creator receives a percentage of sale profits each time their work is sold to a new owner. Autonomy and Control In a decentralized social network, the community governs itself in the management of the platform and their content. Decentralized social networks give users more control and autonomy. Benefits include censorship resistance, ownership over personal data, and improved control over user-generated content. This means no one else, whether a corporation or site administrator, can make modifications to or remove content created by users. Ownership Protection From a copyright perspective, the content creator who took the photo on social media will continue to be the rightful owner, and maintain exclusive rights to control the use of the work. Social media users who post any form of content, from digital art to photos to music can go through a process of “minting” their own work, assigning it an NFT value and thus making it one-of-a-kind, where its originality can be verified through the NFT source code. This is a solution to a problem where on current social networks, content creators are facing a value-loss of their content caused by streaming and digital reproductive commodification. NFTs can authenticate a digital creation. The immutability of blockchain, preventing the digital file from being faked, forged, or replicated, is one of the main selling points of the technology. Who Benefits from NFT-based Social Media Platforms? Influencers Influencers play a vital role in the social media landscape, with millions of followers and the power to sway the next trend, brands are always looking to engage them. Through photos, clips and tweets, they are a marketing channel on their own, advertising and influencing the next big idea into the minds of their communities. In current social media platforms, influencers struggle to monetize their content if their post is not sponsored or an advertisement, which audiences are usually not very receptive to. NFT-based social networks allow influencers to build better connections with their audience in a peer-to-peer way, and deliver content that they are looking for. This new type of social media platforms will allow influencers to creatively respond to fan requests by converting memorable photos into digital collectibles that can be acquired by followers, forging a deeper, tangible connection in what was previously unattainable. Digital Artists Digital artists constantly face the problem of having their work stolen, copied and used without permission online. NFT-based social networks will work in their favour for copyrighting of their original work. Today, the art market remains a largely unregulated field. Collectors, auction houses and galleries who have access to information about who owns what artwork, its sale price, etc. profit from their position, while those with the least access to such information, artists are typically left at the mercy of third-party agents. NFT platforms will improve the ease of transferring digital creative assets, and information of authentication can be easily accessed on blockchain explorer. NFTs can be sold on any NFT marketplace or via a peer-to-peer method without the need for an intermediary, rather than being restricted to the use of third-party platforms to distribute content. This allows the artists to connect directly with the audiences. Artists can also retain ownership of their work forever by implementing royalties. In contrast from the traditional art world, where most artists get no money from the resale of their work, even when the value has doubled or tripled. Brands NFTs provide an exciting opportunity for the brands as well. They present opportunities for brand owners in both digital and physical markets as they have potential usefulness not only in association with digital images but also for physical products. With NFT-focused social media the brands can create unique brand experiences, increase brand awareness, encourage interaction as well as help to increase conversion and drive revenue. For example, the end-users of fashion brands can verify the information regarding the ownership of all the items and accessories which reduces the risks of frauds. Through NFT-based social networks the brands can create engaging digital art assets and give the ownership rights of these collectibles as part of promotional campaigns which will bring the customers closer to the brand and attract a new clientele. NFTs Will Continue to Disrupt Various Industries There is no doubt that NFTs will continue to disrupt multiple industries in one way or the other, social media is just one of them. Global companies are taking a serious look at NFT and blockchain technology to streamline many of their current business processes. However, the balance does seem to be shifting as NFT-based social platforms solving many of the issues traditional social networks have from the perspective of users as well as business. The relationship between social media, blockchain and NFTs will continue to evolve. If you would like to find out more about how to create digital content with NFTs or launch an NFT marketplace, simply click here to schedule a consultation with our blockchain advisors to find out more.

One contributing factor to volatility is that the crypto markets have an abundance of whales – a term given to someone who holds a significant amount of a particular asset; someone who holds a minimum of 1,000 Bitcoin is considered to be a whale

Capturing memory has always been on a constant evolution, with people finding ways to make it more instant, accurate, and indestructible through the test of time and weather. NFTs as memories is the modern day's era of capturing memories, taking these aspects to a whole new level through blockchain technology.

What exactly is an NFT and why did one just sell for US $69 million dollars? What are NFTs and how they work explained.

The success of Bitcoin and Ethereum alone is not enough to make crypto mainstream. Exchanges must evolve to the next phase of maturity through sophisticated trading technology for altcoins.

With emerging technologies, STP is now made possible for crypto exchanges, adding on to the existing market making models. Let's examine how each model works and the role it plays.

Broctagon was at the largest event of the B2B fintech industry, the first of the year, iFX Expo Dubai 2023. We were at Booth 85 from January 17-18, at the Dubai World Trade Centre, Za’abeel Hall 6. It was an extremely busy and fruitful two days at the Broctagon booth with overwhelming interest from the crowd over our competitive liquidity offering boasting tight spreads from as low as 0, unique customizability and wide range of instruments. We are grateful for all the new partnerships forged as well as the support of existing clients.  Don't miss our expo-exclusive signup An expo highlight is our flagship product - AXIS - a highly-customizable powerful, modular CRM complete with an IB-centric module that boasts some of the most advanced affiliate marketing tools for rapid market expansion. For a limited time during the expo, we are offering prospective clients a risk-free signup to experience the spectacular features of AXIS, no setup or migration fees needed! Brokers who schedule a demo with us during the iFX Expo period (either virtual or in-person).  Schedule a Consultation Schedule a meetup to find out about our performance-driven and bespoke solutions that will help your brokerage take the competitive edge. Scheduled a Consultation Scheduled a Consultation Past iFX Expos As veteran partners of iFX Expo, here’s a recap on our participation in last year's iFX expos around the world, sharing our expertise on building a competitive forex business with brokers globally.

It's the first event of the new year! Start off the year with new inspiration as we once again convene at the leading global B2B fintech event, iFX Expo Dubai 2023! Join us in the UAE for a 2-day event where industry pioneers share and shape the next big idea in FX innovation.

Broctagon was at Forex Expo Dubai 2022, the largest trading event of the year in the Middle East! More than 8,000+ Investors and Forex industry leaders came together to network and explore new business opportunities in the forex space. Find out from our industry experts about the current investment trends and regulations in the forex markets. […]

Broctagon Fintech Group was at iFX Expo Asia 2022, held for the very first time in Bangkok featuring some of the most prominent companies within the FX industry and engaging content from inspiring industry leaders. Our SaaS CRM and multi-asset liquidity met with an influx of interest, and this was nothing short of a spectacular event. Meet team Broctagon. Event Highlights Panel Session at iFX Expo Asia 2022 We were incredibly honored to have been invited as a panelist on the topic of “East vs West Liquidity in APAC and Beyond”, where our Chief Technology Officer & Co-Founder Ted Quek shared insights into the trends and opportunities within the Asian market, drawing from his deep-rooted experience driving innovation at the helm of the group. Impeccably apt for this panel, we have our European-licensed liquidity arm Broctagon Prime, regulated by CySEC, and Asian-licensed liquidity arm Broctagon Prime Markets regulated by Labuan FSA. Our dual-licensed liquidity solution puts us in a position with in-depth understanding of both East and West. The Only East, Amongst the West As the only panelist with the unique insight into Asia's financial landscape, Ted provided valuable analysis on Asia's market trends, sharing that cryptocurrency CFDs have been in high demand in Asia in the recent years, with a bubbling shift in the West as well. Brokerages are urged to keep up by seeking liquidity providers with the capabilities and infrastructure to meet that demand. As one of the major liquidity providers of crypto CFDs, we can attest first hand to that growing necessity, and we see brokerages and LPs need to cater to that demand to remain competitive and not fall behind.  Strong Interest in our Full Suite of FX Solutions Broctagon garnered lots of interest at the expo, particularly for our AXIS FX CRM as its sophisticated multi-tiered IB module fits the aggressive affiliate marketing landscape of Asia to a tee. The SaaS model was also highly welcomed due to the absence of a setup fee with an almost immediate turnaround time allowing brokers to go-to-market fast. Also, being an end-to-end solutions provider from setup and licensing to technology and institutional prime liquidity under dual jurisdictions, we are happy to be of service to many potential clients. It was an amazing chance at the expo, in a historic moment that it was held in Bangkok, to forge new connections with fintech industry professionals and strengthen bonds with our existing Thai clients and partners. Missed us at the expo? Find out more about how we can tailor solutions for your brokerage by scheduling a consultation. Schedule a Meeting

Broctagon is proud to be one of the partners at Vancouver International Financial Summit (VIFS) 2022. From September 2 to 3, 2022, VIFS hosted top financial companies from Canada and globally, focusing on the cutting-edge transaction, technology and financial services.

Following a successful iFX Expo International 2022 in Limassol, Cyprus, Broctagon Fintech Group will be back at the largest B2B financial expo at its next installation in Bangkok, Thailand. iFX Expo Asia 2022 will be held from 13-15 September, taking place in Bangkok for the very first time.

The Broctagon Prime team is happy to be back at iFX Expo Cyprus from 7th to 9th June 2022, widely regarded as one of the world's biggest financial enterprise conferences.

Broctagon Prime will be among the top experts in the fintech industry at the upcoming iFX Expo Cyprus 2022, the largest B2B Financial Expo, held at Palais des Sports - Spyros Kyprianou, Limassol. From 7th to 9th June, we'll be at Booth 75 to share with you about our top-notch trading solutions and first-rate institutional liquidity products.

Broctagon Fintech Group was recently awarded 'Best Crypto Liquidity Solutions' at the Crypto Expo Dubai 2022, as a recognition for our newly-upgraded product, the NEXUS 2.0 Crypto Liquidity Hub. Held at Dubai Festival City from 16 -17 March, more than 100+ crypto companies gathered at the premier cryptocurrency event.

Liquidity providers play a crucial role in financial markets and exchanges to ensure a seamless execution of trades, and to provide buyers and sellers with the ability to buy and sell at any time. By providing liquidity to the market, liquidity providers help reduce volatility, ensure that prices remain stable, and minimize the risk of slippage - the difference between the expected trade price and the actual price. 

Liquidity in cryptocurrencies is important, but unlike the Forex market, there is a notorious lack of liquidity in the crypto market. The need for liquidity aggregation is therefore really crucial to bring crypto to the level of trading and activity like in the forex market. In this article, we’ll understand why liquidity is important and […]

A good customer relationship management (CRM) system is an essential part of any successful brokerage. An ideal brokerage CRM will help businesses prepare for growth by organizing and managing all client-related information within one space. Choosing the right CRM will also help streamline business processes, increase efficiency, and improve business yield.

What exactly is an NFT and why did one just sell for US $69 million dollars? What are NFTs and how they work explained.

With emerging technologies, STP is now made possible for crypto exchanges, adding on to the existing market making models. Let's examine how each model works and the role it plays.

Public, private, permissioned, Bitcoin, Ethereum protocols, and more – it might seem really daunting on how to choose the right blockchain for your business.

Many investors and traders are familiar with the idea of trading cryptocurrencies. While crypto spot trading has been more prevalent, crypto CFDs have also emerged with growing popularity.

Smart Order Routing (SOR) is an automated order processing mechanism, designed to take the best available opportunity across a variety of different trading platforms. 

As a brokerage, offering multi-asset classes to your clients can bring you competitve advantage over other brokerages. Here are 5 key reasons.

Growing attraction amongst Asia’s tech-savvy millennials, unbanked signify big alternative

Broctagon Fintech Group announced the launch of a global network of crypto liquidity providers on Tuesday, forming an aggregated liquidity pool. Dubbed WorldBook, it is a crypto Straight-Through Processing (STP) network and is aiming to standardize the crypto liquidity industry.

Broctagon Fintech Group, a multi-asset liquidity and brokerage technology provider, announced that it has appointed Michael Lee, an industry veteran with nearly 20 years of experience in the futures markets, as its new Head of FX Sales.

“Labuan has adopted a very positive and welcoming attitude to new entities in the region. We can see the positive outlook thriving and the authorities have created a favourable environment for financial activities to grow quickly and the local economy to mature,” Cecilia Chan, Executive Director of Broctagon Prime Markets.

ByteTree's Charlie Morris shows how bitcoin's price gets to $1 million by 2032. PLUS: JPMorgan hounded by own traders over absence in bitcoin market. | CoinDesk

During the end of 2020 and into 2021, a great number of digital assets have seen significant gains and the bearish season that followed 2017 has turned its course.

The price of bitcoin has hit a new all-time high, reaching above $48,000 on Thursday following news that Mastercard and America's oldest bank plans to transfer and issue the cryptocurrency.

Bitcoin's recent price surge may be a classic case of an asset running up too far too fast. See what industry experts have to say about its patterns.

Bitcoin's powerful move over the past couple of months to more than $700 billion in market value is suddenly commanding more attention from global financial regulators. | CoinDesk

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