Exclusive: B2BROKER Extends cTrader Support as White Label Clients Surpasses 40
B2BROKER, a technology provider in the trading industry, now offers maintenance services for the cTrader trading servers, Finance Magnates has learned. The new service, which includes maintenance, system upgrades, risk management, and market changes, can be used by brokers using the firm’s cTrader white label solution, as well as others directly licensing the trading platform.
Demand from Existing Client Pool
More than 40 brokers are currently using B2BROKER’s cTrader white labels. The company told Finance Magnates that it launched the new service after receiving several requests from its existing white label clients for more custom configurations with new features.
“Let us take care of everything—from the initial configuration to the daily management of your cTrader servers—so you can focus on achieving your business goals with confidence,” B2BROKER’s CEO and founder, Arthur Azizov, said in a statement.
cTrader is a popular trading platform in an industry dominated by the two MetaTrader platforms. According to its website, it has more than 250 clients. The popularity of this trading platform also increased in the prop trading industry when MetaQuotes restricted prop firms from offering its MetaTrader platform to traders in the United States.
Recently, PipFim's CEO, James Glyde, openly admitted that the MetaTrader platform provider, through the "denunciation” of the prop trading challenge business model, "did a huge favor for their competitors."
Glyde also told Finance Magnates that blocking access to MetaTrader "was hugely helpful for the firms that retained their licenses and created a never-before-seen platform boom, greatly benefiting cTrader, TradeLocker, MatchTrader, Sirix and DXtrade."
Offering “Freedom and Flexibility”
B2BROKER explained that maintaining and configuring the cTrader servers is a complex process for brokers, as it requires “the involvement of an experienced support team and dealing engineers.” It further added that the maintenance package will give brokers “more freedom and greater flexibility.”
Along with its cTrader white label solution, B2BROKER also offers a similar solution specific to the prop trading platform, which it launched last year. Although only over five prop platforms are using its cTrader white label solutions, it will extend the server maintenance service to them as well.
The tech provider further highlighted that there will be three different packages with monthly fees for the maintenance service. However, it will accept any client on the market, whether they have their own liquidity or exclusively use its liquidity as the only liquidity provider.