Broctagon Partners TakeProfit Tech to Introduce Dynamic Leverage Scheduling
Broctagon Fintech Group is proud to announce a partnership with fintech solutions provider, Takeprofit Technology to increase risk-management choices for global forex brokers.
This collaboration with Takeprofit Tech allows Broctagon to present dynamic leverage scheduling for brokers. The newly-introduced MetaTrader 4 plugin will allow brokers to facilitate traders with high leverage, with an option of leverage adjustment on the basis of equity or balance of the trader.
With 2020 as the year of many global events such as the Covid-19 pandemic, crypto boom and US elections, volatility has been off the charts in the financial markets. This drives brokers to look for more options to mitigate risks by adjusting margin requirements. The recent events have enhanced the competitiveness in the brokerage industry as the companies are adopting innovative risk-management tools to minimize risks. Takeprofit’s plugin allows a seamless and intuitive approach to that.
Takeprofit Tech outlined the importance of risk management during highly volatile markets. The leverage scheduling function will enable brokers to provide high leverage at a lower risk. The feature will allow brokers to increase the security of the trading environment along with high-level protection in case of news-based volatility in the market.
“We are happy to work with Broctagon to deliver brokers and traders another option for risk management. The product not only reduces the risks for brokers, but protects traders against negative balances,” said Valentine Piotrovich, Head of Business Development, Takeprofit Technology.
“Brokers today need fresh ways to stay competitive in a way that not only provides their clients with the best trading environment, but ensures that their business is risk-free as well. We’re glad to work with Takeprofit Tech in this direction and offer cutting-edge technology to our clients,” said Ted Quek, Chief Technology Officer, Broctagon Fintech Group.
About Broctagon Fintech Group
Broctagon Fintech Group is a multi-asset liquidity and technology provider headquartered in Singapore with over 10 years of established global presence in China, India, Russia, Cyprus, Hong Kong, Thailand and Vietnam. With our decade of serving satisfied clients in 50 countries, Broctagon is well-equipped to elevate companies through performance-driven and flexible turnkey solutions such as our liquidity aggregator technology, brokerage technology solutions, and enterprise blockchain development.
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