Tradesmarter, a white label trading solution, announced this Wednesday that it has , as well as changed its fee structure, moving from volume-based pricing to a monthly flat rate.
In what the company says is a first for the fintech industry, the monthly flat rate comes as the company has relaunched Tradesmarter as a complete B2B solution. In particular, Tradesmarter provides a proprietary platform for over the counter (OTC) trading in foreign exchange (forex), contracts for differences (CFDs) and cryptocurrency.
The company’s brokerage solution allows clients to customise their branding, including the trading platform, client’s cabinet, back-office software, risk settings, multi-brand CRM, IB/Affiliate management systems and advanced BI dashboarding.
Tradesmarter relaunch brings transparency
Commenting on the relaunch, Ben Horovitz, COO of Tradesmarter said in the statement: “By relaunching Tradesmarter as a complete B2B solution with clear published flat-fee pricing, we bring new transparency standards to the industry and offer our clients real turn-key solution that fits their budget.
“Whether you are a small start-up, an established broker or an IB looking to add more verticals to his operation, adding Tradesmarter solution to your offering is now easier and more accessible than ever. Deployment is fast, enabling a brokerage to be up and running in only a few days.”
As part of its offering, Tradesmarter offers a mobile platform named WOW mobile, which is available both via iOS and Android devices. The product is aimed at helping brokerages connect with millennials.
“With an embeddable and optimized payment widget designed to generate fast conversions, Tradesmarter integrates with over 300 payment gateways via advanced cashier to support easy funding of FIAT or crypto payments. Tradesmarter offers the broadest range of CFD asset classes with Forex and digital asset liquidity via direct FIX API or via ,” the company said in the statement.