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Traders
Trading Software is quite useful for investors to buy and sell stocks, currencies, cryptos, and other financial assets. As they are more intuitive, responsive, as well as cost-effective than transfer agents like Computershare via the Direct Registration System, brokers can use trading software to offer better services for traders.
However, there is intense competition in the market for brokers, and there are numerous regulatory requirements to follow. Therefore, brokers need more powerful trading software that is beneficial for traders as well as for themselves. To help with this, we have compiled a list of some of the top trading software for brokers in 2024-2025.
The ideal trading software is usually flexible, compliant, and profitable for the broker. It can aid the profitability of the businesses in the following ways:
Shark Trader has been serving the financial markets as a revolutionary trading platform for brokers. It offers a suite of robust risk management tools that help brokers minimize losses while maximizing profits. Shark Trader has a customisable interface, which supports multiple asset classes and provides extensive charting tools. It also includes advanced features like stop-loss, limit orders, and other essential trading functions, allowing brokers to tailor the platform to their specific strategies. In addition to its desktop platform, Shark Trader is accessible via mobile devices, enabling fast trade execution from anywhere, at any time. The platform seamlessly integrates with existing brokerage setups, offering a blend of security, scalability, and efficiency in operations.
Webull is a white-label trading software for brokers that also offers advanced features, including access to cryptocurrency markets. It’s an excellent choice for brokers who want to cater to both novice and experienced traders. Webull offers competitive interest rates on uninvested cash and has a commission-free structure for trading various assets such as stocks, ETFs, and cryptocurrencies. The platform provides real-time market data, customisable charts, and technical analysis tools, which help brokers make faster, more informed decisions on critical investments. However, one limitation is that Webull does not support mutual fund trading, though it does offer access to initial public offerings (IPOs).
Ninja Trader is a leading trading platform that specialises in futures while also offering options for forex and stock trading. It supports integrated multi-device trading and provides advanced analytics, featuring 100 indicators and various customisable charting tools. Ninja Trader has a cost-effective commission structure and includes risk management tools. Traders can utilise pre-built algorithms or develop strategies according to their needs. The platform also supports algorithmic trading, making it appealing to high-frequency traders and benefiting brokers who serve both professional and algorithmic traders.
Fintatech is a white-label trading platform that supports multiple asset classes, including commodities, forex, stocks, cryptocurrencies, and much more. It offers a unique level of customisation for brokers acting as a high-performance solution, allowing them to serve diverse clients, from traders to trading companies, established institutions, & even data vendors. Fintatech is fully equipped with advanced analytics and reporting tools, allowing useful insight into client behaviour and their trading pattern. The seamless user experience on all mobile platforms is made possible by its full compatibility with both iOS and Android devices.
MetaTrader 5 (MT5) is a multi-asset platform that deals with stocks, trading currencies, etc. It offers immense flexibility and unique analytical capabilities and supports regular operations like market orders, stop-orders, pending orders, and trailing stops. MetaTrader uses the MQL5 programming language to automate trading strategies. It even assists with advanced market depth, netting system positions, and hedging methods. However, it is overkill for smaller brokerages that do not require such sophisticated tools.
MetaTrader 4 (MT4) is one of the most renowned trading platforms for its advanced charting capabilities, preferred most for forex trading. It offers various customisable features, such as drawing tools, indicators, timeframes, and the automated feature Expert Advisors (EAs), which allows automation of trading strategies. Brokers can serve different clientele bases through MT4, as traders can enrol themselves under different account types, from standard to professional, depending on their expertise. However, most importantly, it offers a high level of security with 128-bit encryption, allowing brokers to stay regulatory compliant and ensure data protection.
cTrader is one of the most preferred trading platforms for brokers, known for its user-friendly interface, sophisticated charting tools, and multiple account management features. It is ideal for brokers who need to manage several traders and their data simultaneously. With its integration of cAlgo for automated trading, cTrader offers fast execution speeds, making it highly efficient. While cTrader can be overwhelming for beginners and requires some practice to master, experienced brokers appreciate its depth, flexibility, and advanced features.
Tradetron is an algorithmic trading platform that enables brokers to provide automation to their clients’ trading operations. It supports a wide range of assets, including stocks, options, futures, and currencies. As a cloud-based platform, it allows for continuous, uninterrupted execution of algorithms. Traders can easily build complex trading strategies using its user-friendly drag-and-drop interface. This capability allows brokers to offer services to even inexperienced traders, ultimately resulting in higher profits.
OANDA is a versatile trading platform for brokers that offers user-friendly interfaces across all devices across the web, mobile, and desktop. Its charting tools provide a market overview, and the customisable interface allows setting parameters such as profitability, units traded, risk levels, and more. It provides real-time data prices on various currency pairs without any dealer interference. OANDA is preferable for brokers who want to serve a diverse clientele with different experience levels and asset preferences.
Tradesmarter is a B2B white-label trading platform that serves as a complete brokerage solution, featuring advanced analytics and reporting tools. Its flexible and customizable interface allows brokers to tailor the design, theme, features, and instruments to meet the needs of their target traders.
The platform streamlines operations through seamless integrations, offering access to 300 payment gateways and over 180 liquidity integrations. Tradesmarter ensures easy market access for both novice and professional traders, providing over 1,000 assets and a wide range of financial products, which can lead to higher profitability for brokers.
If you choose the right trading software, you can make a significant difference in your trading services and maximize profits. These platforms offer advanced features like real-time data, advanced analytics, and tracking to offer better efficiency in trading activities. As we approach 2024 and 2025, trading software development companies are incorporating the latest technologies such as artificial intelligence (AI), blockchain, and machine learning for enhanced user experiences and boost platform security.
At Shark Technologies, we have developed Shark Traders, a white-label trading platform, especially for special brokers. You can provide your customers with highly secure, feature-rich trading services to enhance their trading success and maximize your profits as well. Get in touch with us to know more.
Also Read : Top 10 Trading Software Development Companies To Choose