FXCM Pro, the institutional arm of FXCM, a global provider of online foreign exchange trading, CFD trading and related services announced a liquidity bridging alliance with Tools for Brokers (TFB), a global tech provider for retail brokers, prop trading companies, and hedge funds.
What does this mean for joint clients?
Following the partnership, FXCM Pro will be streaming its institutional liquidity directly to Tools for Brokers’ customers, enabling them to connect pricing and trading to their MT4 and MT5 platforms using TFB’s FIX API server. With this new partnership, FXCM Pro’s customers will also benefit from having an additional option when selecting a technology/bridge provider.
TFB’s Trade Processor bridge works with the MT4 and MT5, cTrader, Match-Trader, and other platforms and supports third-party integrations via external FIX API. It provides brokers with data analysis and enhanced risk management, all through a simple, user-friendly interface.
FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. Its links with tier 1 banks and non-bank liquidity providers, prime broker relationships and tech vendors provide clients with market access.
Tools for Brokers (TFB) is an international technology provider for retail brokers, prop trading companies, and hedge funds operating on multiple platforms, including MetaTrader, Match-Trader, and cTrader. It offers an ecosystem of solutions centred around the flagship Trade Processor liquidity bridge, supported by data management and reporting, money management, and a single web-user interface for individual solutions’ management.
What does this mean for FXCM and TFB?
Alexey Kutsenko, CEO at Tools for Brokers, said, “We are excited to partner with FXCM Pro. Under the alliance, FXCM Pro’s clients will benefit from advanced and fast execution without compromising quality or security. Combining our expertise will create a strong platform for many brokerages and hedge funds, allowing them to scale faster and more sustainably.”
Mario Sanchez, Managing Director and Global Head of FXCM Pro Sales, commented: “At FXCM Pro, we are committed to providing our clients with the tech they need to succeed, and this is demonstrated in our partnership with Tools for Brokers. This collaboration gives our clients additional choice when it comes to selecting a bridging provider and by selecting TFB, they will benefit from fast execution, automation and improved market access.”
