Technology company YourPropFirm announced on Tuesday that it has added the DXtrade platform to its set of products.
“Our partnership with YourPropFirm means that more brokerages providing prop trading services will now have the option to offer these via our DXtrade platform,” said Devexperts Head of OTC Jon Light.
“We continuously look to add partners to our growing network, allowing firms and brokerages, as well as the traders they work with, to access DXtrade’s wide range of specialized prop trading functionalities, and to benefit from these, in what is becoming an increasingly popular market space.”
YourPropFirm is a technology provider that provides all the technology that a company needs to set up a prop trading firm.
That covers everything from front end trading platforms to marketing and payments solutions.
In a statement, YourPropFirm said that the addition of DXtrade means that props using its services can switch between platforms if an existing platform gets shut down.
Although they did not say so explicitly, this is likely alluding to problems props have faced with MetaQuotes. The company has repeatedly blocked firms from offering prop trading services.
Adding DXtrade to our platform lineup means prop firms have real choices and flexibility,” said Markus Sichler, Co-Founder and Strategic Advisor at YourPropFirm. “Our clients can rely on us to provide alternative platforms whenever they need, so they’re prepared for any platform-specific challenges and can focus on growing their business.”
