The first Indian-owned FSA-regulated Forex broker Tradenext has entered into a partnership with award-winning open trading platform Tradable.
Tradenext will roll out a co-branded platform to its global client base this month and will soon offer it to prospective clients.
Tradable, which was last year voted the most innovative financial product at the Forex Magnates Summit in London, allows traders to create a completely customized online platform using third party developed apps to fully define their trading experience.
Tradenext is a fast-growing Forex broker, established in the UK in 2010. It provides retail investors with competitive spreads and access to thousands of markets worldwide including FX, commodities and indices.
Mohsin Jameel, CEO of Tradenext said: “The Tradable platform offers a new flavour for the traders in the market. People can build their platforms to suit them with the content of their choice.
“We believe that the concept offers brokers a truly innovative way to work. Brokers can do so much through the platform and choose the apps and systems that work best for them.
“Tradable bridges the traditional and emerging markets and has the potential to really improve the sociability of the industry. When we heard of Tradable in July, we knew it was something that we wanted to be a part of.
Jannick Malling, CEO and co-founder of tradable, said: “Launching this with Tradenext is extremely exciting. Being able to launch with such a committed partner, at the London Investor Show, is obviously something we have been looking forward to for a while.
“Tradenext is a very forward-thinking company and it was clear from the beginning that it was looking to take a differentiated and innovative approach to servicing its clients.”
Tradable introduced its integrated App Store concept where traders can download from an extensive catalogue of globally crowd-sourced apps developed by third-party developers. Many apps have already been created for the platform and these include automated trading tools, algorithmic trading strategies, social trading apps, charting tools, market news and data apps among others. Further app development is ongoing.