In a recent article on FinanceFeeds, it discusses how brokers can win in the technological race by providing their clients with modern and user-friendly trading platforms. During the iFX EXPO 2023, experts including Andrew Sachs, Product Director at TraderEvolution Global, discussed the importance of mobile platforms and the need for brokers to adapt to the demands of new generations of traders. Sachs emphasized that brokers must offer comprehensive and intuitive systems capable of handling multiple asset classes and providing features such as market depth and heat maps. He also noted that previously, developing such solutions was expensive, but modern technologies allow for more cost-effective approaches, which is particularly important for the retail sector.
Furthermore, the article highlights that brokers should consider offering multi-asset and multi-product offerings. This requires significant technical capabilities and integration of the back-office with the broker's infrastructure.