London, United Kingdom (PRWEB UK) 26 February 2013
The global trading environment has never been so competitive, and forex trading in particular has borne the brunt of this change. With this in mind, Juan Jutgla, Head of Global Institutional Business, and xFSOL group Chairman, Jakub Zablocki, have turned the table in favour of Forex and Contracts for Difference (CFD) brokerages around the world.
“In 2012 we all saw how the global climate affected forex trading volumes making it increasingly difficult for brokerages to maintain a competitive advantage and find new revenue streams” stated Jutgla. “That is why we have spent the last few critical months dedicated to developing this ground breaking technology for our clients, and it’s paid off.” In preparation for 2013 – a year that Jutgla believes will be a year of new found prosperity for his clients – X3 Open Hub is launched, and packaged with no processing fees.
It is more than just a trading environment as it comes pre-bundled with xSocial, xStore and mobile and tablet trading applications.
X3 Open Hub is a completely open trading concept. Brokers can differentiate from their competitors by creating their own proprietary front ends, mobile applications or dedicated apps for their clients. It also comes powered with the latest in cloud hosted forex technology which allows brokers to bypass the exorbitant cost of local servers and the administrative fees that it takes to maintain them.
xFSOL has a liquidity neutral attitude. By using their integration technology, brokerages can seamlessly connect to any liquidity provider of their choice. This revolutionary technology is offered to existing banks and brokers to add to their current offering, boosting revenues and regaining their competitive advantage. Additionally it is available to start-up brokerages as part of the full broker solutions package which includes X3 Open Hub, back office systems, risk management, support and liquidity (if required).
Most importantly, there are no processing fees or shared revenues. This is just another feature that allows forex brokers to boost revenues with xFSOL’s new solution.
To request a free demo, and for more information about X3 Open Hub, please visit http://www.x3openhub.com
X3 Open Hub consists of xStation 3.0, xSocial, xStore, xMobile and xTab. Details of which are below:
The multi-asset xStation 3.0 platform itself translates to multiple languages, ensuring easier global market penetration and offers the latest in revolutionary trading features. Already included you will find Reuters news, economic calendar, market talk, advanced technical analysis, trade-from charts and more.
xSocial is an ESMA-regulated social trading platform allowing users to find and follow the trading habits of real traders (not just promoted gurus). It is one of the only social platforms in the market allowing for contrary trading possibilities, where users can copy successful traders as standard, but also contra-copy those who consistently seem to make the wrong moves.
True to the dynamic and social nature of the X3 Open Hub, xFSOL also launches xStore, a trading app store with fully open API. It allows anyone to develop and sell new trading applications for the X3 community to purchase. Customised expert advisors, complex trading calculators, multi-terminal MAM features are some of the apps already live. Since its beta launch, around 200 developers have contacted us with app ideas.
xMobile and xTablet are Apple and Android supported and allow all X3 users to trade on the move. Features include one touch trading, advanced charting, news & analysis and complete control of a user’s trading account.