FXCM's institutional branch, known as FXCM Pro, has announced a liquidity bridging partnership with Tools for Brokers (TFB). FXCM is a leading international provider of online forex trading, CFDs trading, and related services. TFB is an international technology provider for retail brokers, proprietary trading companies, and hedge funds.
FXCM Pro will directly provide institutional liquidity to TFB customers, enabling them to use TFB's FIX API server to connect pricing and transactions to their MT4 and MT5 platforms. Through this new collaboration, FXCM Pro customers will have an additional choice when choosing a technology/bridge supplier.
TFB's Trade Processor bridge works with MT4 and MT5, cTrader, Match-Trader, and other platforms, and supports third-party integrations through external FIX API. In addition, it also provides data analytics and enhanced risk management for brokers via a simple and user-friendly user interface.
Mario Sanchez, Managing Director and Global Head of FXCM Pro Sales, commented, "At FXCM Pro, we are committed to providing our clients with the technology they need to succeed, and this is demonstrated in our partnership with Tools for Brokers. This collaboration gives our clients additional choice when it comes to selecting a bridging provider and by selecting TFB, they will benefit from fast execution, automation and improved market access."
Alexey Kutsenko, CEO at Tools for Brokers, said, "We are excited to partner with FXCM Pro. Under the partnership, FXCM Pro's clients will benefit from advanced and fast execution without compromising quality or security. Combining our experience and expertise will create a strong platform for many brokerages and hedge funds, allowing them to scale faster and more sustainably."