XS.com
announced today (Monday) a partnership with fintech provider Brokeree Solutions
to introduce copy trading capabilities to its platform. According to the
company, this addition will benefit novice traders
seeking to learn from more experienced market participants and diversify their
investment strategies.
XS.com Expands Trading
Offerings with New Copy Trading Feature
Like other services of this type, XS.com customers will be able to automatically mirror the trades of experienced investors in real time.
“Our
partnership with Brokeree Solutions to offer Copy Trading reflects our desire
to democratize access to professional-grade trading tools,” commented Wael
Hammad, the Chief Commercial Officer (CCO) at XS.com.
“By
providing a tool that allows clients to mirror the trades of experienced
professionals, we are helping to create a more inclusive, educational, and
potentially more profitable environment for all,” Hammad added.
The copy
trading service will include real-time tracking and performance analytics,
enabling users to monitor their portfolios and adjust strategies as needed.
XS.com has also incorporated customizable risk management settings, allowing
traders to maintain control over their investments while benefiting from the
expertise of top performers.
For
experienced traders, the platform offers opportunities to monetize their
strategies by becoming mentors or influencers within the trading community. By
sharing insights and allowing others to copy their trades, skilled investors
can potentially expand their follower base and generate additional income.
In other copy trading developments, Devexperts’ white-label trading solution DXtrade formed a strategic alliance with Traders Connect, a provider of cloud-based trade copying services. This partnership was established to address the increasing need for copy trading capabilities among brokers and traders who utilize the DXtrade CFD platform3. ShareRewrite
XS.com Boosts South
African Operations
XS.com,
which was established in Australia in 2010, has grown to become a significant
player in the global financial technology and online trading sectors. The
company operates with licenses in multiple jurisdictions and maintains offices
in various locations worldwide.
An example
comes from the activities conducted between 2023 and 2024 in the South African
market. Initially, the company elevated Fabian Frantz to the role of Business
Development Director for South Africa. For XS.com, this market is essential for
its international expansion strategies.
Later, in
February 2024, the firm announced that it had secured a license for local
operations by purchasing Ubutyebi Financial Services, a regional financial
services provider. This acquisition enabled XS.com to obtain a license from the country’s Financial Sector Conduct Authority and establish a local
subsidiary, XS ZA.
Brokeree
Solutions recently announced an update to their services too, unveiling a new
version of their website that now supports four extra languages: English,
Spanish, Arabic, and Chinese. The firm’s objective is to enhance the
accessibility of its brokerage technologies for clients in rapidly developing
areas including the Middle East, Latin America, and Southeast Asia.
XS.com
announced today (Monday) a partnership with fintech provider Brokeree Solutions
to introduce copy trading capabilities to its platform. According to the
company, this addition will benefit novice traders
seeking to learn from more experienced market participants and diversify their
investment strategies.
XS.com Expands Trading
Offerings with New Copy Trading Feature
Like other services of this type, XS.com customers will be able to automatically mirror the trades of experienced investors in real time.
“Our
partnership with Brokeree Solutions to offer Copy Trading reflects our desire
to democratize access to professional-grade trading tools,” commented Wael
Hammad, the Chief Commercial Officer (CCO) at XS.com.
“By
providing a tool that allows clients to mirror the trades of experienced
professionals, we are helping to create a more inclusive, educational, and
potentially more profitable environment for all,” Hammad added.
The copy
trading service will include real-time tracking and performance analytics,
enabling users to monitor their portfolios and adjust strategies as needed.
XS.com has also incorporated customizable risk management settings, allowing
traders to maintain control over their investments while benefiting from the
expertise of top performers.
For
experienced traders, the platform offers opportunities to monetize their
strategies by becoming mentors or influencers within the trading community. By
sharing insights and allowing others to copy their trades, skilled investors
can potentially expand their follower base and generate additional income.
In other copy trading developments, Devexperts’ white-label trading solution DXtrade formed a strategic alliance with Traders Connect, a provider of cloud-based trade copying services. This partnership was established to address the increasing need for copy trading capabilities among brokers and traders who utilize the DXtrade CFD platform3. ShareRewrite
XS.com Boosts South
African Operations
XS.com,
which was established in Australia in 2010, has grown to become a significant
player in the global financial technology and online trading sectors. The
company operates with licenses in multiple jurisdictions and maintains offices
in various locations worldwide.
An example
comes from the activities conducted between 2023 and 2024 in the South African
market. Initially, the company elevated Fabian Frantz to the role of Business
Development Director for South Africa. For XS.com, this market is essential for
its international expansion strategies.
Later, in
February 2024, the firm announced that it had secured a license for local
operations by purchasing Ubutyebi Financial Services, a regional financial
services provider. This acquisition enabled XS.com to obtain a license from the country’s Financial Sector Conduct Authority and establish a local
subsidiary, XS ZA.
Brokeree
Solutions recently announced an update to their services too, unveiling a new
version of their website that now supports four extra languages: English,
Spanish, Arabic, and Chinese. The firm’s objective is to enhance the
accessibility of its brokerage technologies for clients in rapidly developing
areas including the Middle East, Latin America, and Southeast Asia.
This post is originally published on FINANCEMAGNATES.
