Tools for Brokers and Red Acre Partner to Offer Turnkey Solution For Prop Firm Creation
September 14, 2023 - Technology provider for retail brokers, prop trading companies, and hedge funds, Tools for Brokers (TFB) and Red Acre Group, a fintech and foreign exchange technology solutions provider, have announced a partnership to benefit all stakeholders in the proprietary trading space. This new joint venture offers an all-in-one solution for business owners and entrepreneurs interested in prop trading and is already available worldwide.
Tools for Brokers supplies the infrastructure with Trade Processor at the core of the ecosystem, which includes everything required for prop trading firms: a bridge connection to the LP, an aggregated price feed, an execution engine that simulates real market execution for demo accounts, a risk management system to control drawdowns with a trailing stop out level and much more.
The company's offerings are set to be complemented by Red Acre's cutting-edge technologies. Red Acre Group will integrate into the product its state-of-the-art CRM, Trader's Room, various front-end elements, and, crucially, its renowned 24/7 support for both businesses and traders. In short, prop firm owners will be able to focus exclusively on their network and client acquisition, leaving the handling of all the technology, marketing, and support to TFB and RA Group.
This comprehensive offering caters to a broad spectrum of stakeholders in the financial market. Existing brokers who wish to diversify their product range with proprietary trading can avail themselves of this plug-and-play solution. Likewise, budding entrepreneurs seeking a quick, complete, and reasonably priced entry into the financial market will find an easy and lucrative path forward with their personal prop firm's launch.
Gary Mullen, Chief Commercial Officer of Red Acre Group, spoke enthusiastically about the new partnership, "This is a phenomenal opportunity to enhance B2B financial market accessibility. At Red Acre, we have always prioritized collaborations with industry leaders to create synergies that benefit not only the businesses involved, but also all clients who choose to use our platforms. This partnership promises exceptional service and high profitability for all."
Ivan Egorov, the Global Head of Sales at TFB, added, “Over the past year, we’ve seen a huge shift in the Prop Trading world. The industry is on the rise, and many companies come to us asking for technology that would support their intensive growth and ensure excellent performance. Red Acre and TFB have created a turnkey solution for Prop Trading businesses to help them keep the momentum going and guarantee a top experience for all traders.”
Tools for Brokers is a technology provider of multi-platform solutions for retail brokers, prop trading firms, and hedge funds. The ecosystem of solutions centers around the Trade Processor liquidity bridge and covers the most critical brokerage needs, including advanced monitoring and reporting functionality, a money management system, and many plugins and applications that address niche challenges.
Red Acre Group is a leading provider of forex and fintech support and technology solutions, with a focus on offering an array of products and services that meet the diverse needs of brokers and traders.
One of Red Acre’s core offerings is an end-to-end proprietary trading infrastructure used by leading firms worldwide in this exciting new evolution of the forex industry.
LiquidityFinder was created to take the friction out of the process of sourcing Business to Business (B2B) liquidity; to become the central reference point for liquidity in OTC electronic markets, and the means to access them. Our mission is to provide streamlined modern solutions and share valuable insight and knowledge that benefit our users.
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