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Screenshot of a breaking news alert e-mail from Q2 2017
Retail FX brokerage FXPRIMUS, a firm which focuses its business on the growing Forex market in Southeastern Asia and China, has chosen to use the Sirix platform developed by the leading Forex solutions provider, Leverate. A key factor in this decision was Sirix’s robust social trading technology, with a huge community drawing from a pool of 100,000 traders.
“We’ve listened to our traders and we understand which features they are looking for,” explained FXPRIMUS President, Terry Thompson. “Our client base is demanding embedded social trading options as a way to learn from the most successful traders. And we benefit through increased trading volumes as user confidence levels grow. ”
Sirix has recently been updated to make searching for top traders as easy as possible. The social stream is featured directly on the platform, providing a constant view of the current market sentiment and the most popular trades. Some brokers have experienced a quadrupling of trading volumes after adding social trading to their line-ups.
Ran Strauss, Leverate’s CEO, noted that “The future of Forex trading lies in Asia, as this region accounts for the majority of industry growth, so we are doing everything we can to simplify the process of opening a brokerage. The level of 24 hour support we give to our brokers throughout the world, but particularly in Asia, also sets us apart from competition.”