UpTrader has arranged a long-term partnership with AM Broker

UpTrader in partnership with AM Broker, a provider of personal trading solutions, has developed an online Trader’s Room for clients and automated payments for partners and bonus programs. This project has become a synergy of the experience of a large brokerage company and more than 10 years of UpTrader’s expertise in the field of fintech.

Vasily Alexeev, CEO UpTrader: “This is an interesting case, as we had the opportunity to open a new division for a company that has many years of experience in the brokerage market. It is a great opportunity to supervise the full cycle of launching a new business, thereby strengthening our own position in the market for launching new products and building effective business processes”.

The project started in the summer of 2018, the customer, upon recommendation, made a decision to work with an external technical developer who has high expertise in both — in the IT development and business processes of Forex companies.

In the framework of cooperation with AMBroker the UpTrader development team optimized the reward system for partner programs. These innovative fintech solutions was much more efficient in acquisition of loyal clients who appreciate personalized approach. A unique system was created that automatically calculates and displays remuneration for partners, brokerage’s back-office team can transparently provide flexible conditions for partners. In addition, an adaptive bonus program with reports in the personal account has been developed for customers. Moreover, individual website design was developed, which responds to all of the company’s marketing objectives and goals.

“For a startup in the field of brokerage services, which does not yet have a well-established reputation in the market, it is very important to organize a professional and convenient web-system that will become a part of brand identity for future customers and partners,” said Vasily Alexeev, CEO of UpTrader.

AM Broker team: “AM Broker is pleased to work with UpTrader on the new technology advanced tools in the trading industry. Both teams have taken IB partnership programs to a new technology advance levels with IB in total control of their commissions. In addition, AM Broker and UpTrader team have come up with new bonus system for all active traders beginners, intermediary and advanced. We are looking forward to continue to work with UpTrader team in the feature and develop new customized features for entrepreneurs and traders”.

UpTrader will continue the cooperation with AM Broker and arrange a multiple IT and business support.