Digital brokerage GCEX has launched a new margin trading platform, offering increased flexibility and control for operational efficiency.
Lars Holst, founder and chief executive, GCEX
Named XplorTrader, the new offering sets a new benchmark for margin-based CFD and foreign exchange platforms, according to GCEX.
The new platform provides enhanced charting functionalities, deposit and withdrawal processes, alongside improved monitoring and management of trading instruments and positions.
In addition, the platform is designed to enable traders to execute trades and analyse markets more effectively.
GCEX stated that it will also incorporate XplorTrader into its white-label package, XplorBroker in a Box.
XplorTrade will offer brokers flexibility in tailoring visual and functional aspects of the platform to meet specific user experience objectives.
“The release of our proprietary margin trading platform has been driven by market demand for advanced yet customisable trading solutions,” said Lars Holst, founder and chief executive of GCEX.
“This development places GCEX at the forefront of trading technology, providing a superior user experience and best-in-class execution solutions for our clients.”
Last month, GCEX became the latest member to join the Crossover Markets venue as part of a new institutional spot cryptocurrency trading partnership.
As part of the deal, GCEX clients gained access to Crossover’s execution-only crypto electronic communication network (ECN), with GCEX providing brokerage and liquidity services on the platform.
“The introduction of an enhanced and flexible margin-trading platform to our technology offering underscores GCEX’s commitment to continuous investment in technology,” said Michael Aagaard, managing director at GCEX.
“Our goal is to maintain our leadership in the market and enrich the trading experience of institutional and professional clients, aligning our technology with their business goals.”