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Centroid Solutions has announced an enhanced integration between its Centroid Risk management system and the DXtrade trading platform. This development builds upon a partnership that began in 2021.
DXtrade, developed by Devexperts, is a white-label trading platform for CFDs. It offers a comprehensive trading ecosystem including a web trader, mobile apps, and broker management tools. The platform is available as an off-the-shelf solution with customisation options.
The initial collaboration in 2021 integrated DXtrade with Centroid Bridge, providing DXtrade users access to over 250 market makers. This new integration extends the partnership to include Centroid Risk, allowing brokers using DXtrade to access advanced risk management features.
Cristian Vlasceanu, CEO of Centroid Solutions, stated: "This integration of DXtrade into Centroid Risk marks a significant advancement in empowering brokers with tools that go beyond just liquidity access to include robust risk management capabilities. By seamlessly integrating DXtrade into our comprehensive risk management system, we enable brokers to gain deeper insights into their operations, optimize decision-making, and better manage risk." He added, "This collaboration reinforces our commitment to deepening our partnership with DXtrade, driving innovation and delivering enhanced value to our clients."
The integration aims to provide brokers with detailed insights into company portfolios, client trading behaviors, and complex analytical data. This information is intended to help brokers mitigate risk and improve profitability.
Jon Light, Head of OTC Platform at Devexperts, commented: "Through this new integration with Centroid, our brokers will now have access to a wealth of information that allows them to better mitigate against and manage potential risk. Providing access to Centroid Risk services equips our brokers to make more informed decisions, and grow their businesses safely and effectively."
