SVSFX joins Tradenext as the second FSA-regulated FX broker to offer Tradable apps.
Tradable — which has developed the first app platform specifically for FX trading apps, has announced that a second FSA-regulated FX broker will allow clients to trade using Tradable apps on its platform. Like the first broker to accept Tradable apps (Tradenext), SVSFX is a fairly small FX broker, likely looking to distinguish itself from other “MT4 shops” by giving traders another interesting alternative.
The company behind a platform that is revolutionising the world of trading has added to its expanding client base.
tradable, the award-winning open trading platform, had announced new client SVSFX, which becomes one of the first brokers to offer their users the platform.
SVSFX, a London-based company founded in 2003, recognised that tradable was able to provide their clients access to a growing number of new tools and functions in the form of apps to augment the trading experience.
SVSFX will offer the tradable platform to its global retail and institutional client base for forex trading. By joining with tradable it allows the broker to gain access to a highly sophisticated risk management engine powered by a powerful infrastructure.
Daron Pike, Head of FX Trading at SVSFX said: “We believe the future of forex trading has now arrived in tradable. Over the years I have personally been close to the evolution of forex trading platforms during my time in the business.
Most of these platforms are difficult to distinguish from each other but tradable is something entirely new. Its premise is for a forex trading platform without limitation and that is a very exciting development.”
Jannick Malling, CEO and co-founder of tradable, said: “Having SVSFX offer the tradable platform to their clients will set them apart from their competitors. It is a chance to present something unique and truly cutting-edge to the market.
The model and vision behind tradable is that it is time to crowd source apps and trading technology instead of building it all in-house. The front-end space moves too quickly for the traditional methods. By integrating everything onto the same platform with 3rdparty developers it allows brokers to accommodate the rapidly changing needs of the retail FX market.”