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November 08, 2023 - Multi-market trading platform provider TraderEvolution has launched a web-based version of its platform for mobile devices.
The company says release of this new version of its platfrom should be seen in the context of TraderEvolution's commitment to empowering brokerages with greater control of their brokerage business and to “give them the tools to break free from stifling monopolies which have had a diminishing effect on the ability for many brokerages to develop their product range”.
This new enhancement provides traders with a new way to access markets, directly from the web browser on their smartphones, and eliminates the need for users to download native applications to their device. Key to this development is to ensure traders availability to the platform in any region, and to allow brokerages to avoid any dependance on mobile app marketplaces and catalogues.
In September last year, LiquidityFinder was the first to break the news that Apple had removed Metaquotes' MT4 and MT5 from its iOS App Store with no prior warning, or explanation given to the industry from either Apple or Metaquotes. The left many brokers concerned as to when the app would be reinstated and also whether such action could happen again. TraderEvolution's web-based version of their trading app on a smartphone will avoid any such reliance on an app marketplace.
The company says that the new TraderEvolution web-based mobile platform leverages cutting-edge web technologies to deliver an experience that closely resembles native app usage. Users can enjoy most core features for navigating the trading environment and interacting with global markets seamlessly. In a fast-paced market landscape, the ability to roll out new functionalities and services swiftly is essential. Web technology empowers brokers to provide rapid updates without causing disruption to end-users' services. Brokers can also promote and protect their own business with this web-based version by establishing multiple branded mobile interfaces (GUIs) connected to a common back-end system.
Roman Nalivayko, CEO of TraderEvolution Global
Roman Nalivayko, CEO of TraderEvolution Global, commented on the significance of the new web-based mobile platform: "TraderEvolution has developed this new web-based mobile platform as part of the company's mission to ensure that financial institutions, brokers, and wealth managers offering the TraderEvolution multi-asset platform have the ability to maintain full control over the distribution of the mobile application to their clients."
“Our goal is to empower brokerages to engage their clients seamlessly and offer access to a wide array of global markets, regardless of local application restrictions or device specifications, and to ensure that, via the use of modern web technologies, brokers can offer their customers a similar user experience to that of the native smartphone application including most of the core actions for navigating and interacting with all of the functions.”
TraderEvolution is a multi-market trading platform provider offering modular, tailored solutions that include a comprehensive back office solution with established connectivities to a complete range of markets across the globe, and a complex front-end suite with web, mobile, and desktop applications. The company serves banks and brokers from around the world, empowering them with an independent and liquidity-neutral solution to facilitate core brokerage operations or complement their existing solutions.
