Tools for Brokers (TFB) and CFI Financial Group have entered into a strategic partnership, under which the brokerage platform will integrate the technology provider’s PAMM system into its offerings. Announced today (Wednesday), CFI will also incorporate various plugins from the TFB Toolbox to enhance its workflows.
A Push to Increase Trading Volume
PAMM, which stands for Percentage Allocation Management Module, is a trading system that allows investors to allocate funds to professional traders who manage the funds on their behalf. It is commonly used in forex and CFD trading.
Profits or losses from the manager’s trading are distributed among investors based on the percentage of their contributions.
According to TFB, PAMM services allow brokers to increase trading volumes and expand their client base. Recently, the company also upgraded its PAMM money management solution, introducing unified login credentials and enhanced privacy features for traders and investors.
“Integrating TFB’s PAMM system and toolbox plugins into our services enables us to refine certain operational processes and client interactions,” said Samer Raad, Global Head of Dealing at CFI Financial Group. “This addition brings enhanced functionality in specific areas, aligning with our commitment to providing top-tier online trading solutions.”
A CFD Giant in the Middle East
CFI originated in Lebanon but is now headquartered in Dubai. The broker has a strong grip on the Middle Eastern retail trading industry, as demonstrated last year when the trading volume on the platform surpassed $1 trillion in the third quarter of 2024.
“TFB PAMM is adding a missing piece to their service offering, and we’re excited to continue working on integrating both PAMM and the rest of the TFB ecosystem further into their environment,” said Michael Levine, the Head of TFB UK and UAE. “We look forward to expanding our partnership and growing together with CFI.”
Tools for Brokers is a trading industry technology provider offering turnkey solutions to brokers. Its clients include retail brokers, hedge funds, and prop trading firms. It has partnered with companies like SALVUS Funds, Devexperts, and Broctagon to enhance its solutions.
Apart from the PAMM and Toolbox, the company is also enhancing its offerings for prop trading platforms. Last year, it added a cTrader package tailored specifically for prop platforms.
Although many CFD brokers, including OANDA, Axi, Trade.com, and IC Markets, are now offering prop trading services, CFI has yet to enter this growing and unregulated niche.
Tools for Brokers (TFB) and CFI Financial Group have entered into a strategic partnership, under which the brokerage platform will integrate the technology provider’s PAMM system into its offerings. Announced today (Wednesday), CFI will also incorporate various plugins from the TFB Toolbox to enhance its workflows.
A Push to Increase Trading Volume
PAMM, which stands for Percentage Allocation Management Module, is a trading system that allows investors to allocate funds to professional traders who manage the funds on their behalf. It is commonly used in forex and CFD trading.
Profits or losses from the manager’s trading are distributed among investors based on the percentage of their contributions.
According to TFB, PAMM services allow brokers to increase trading volumes and expand their client base. Recently, the company also upgraded its PAMM money management solution, introducing unified login credentials and enhanced privacy features for traders and investors.
“Integrating TFB’s PAMM system and toolbox plugins into our services enables us to refine certain operational processes and client interactions,” said Samer Raad, Global Head of Dealing at CFI Financial Group. “This addition brings enhanced functionality in specific areas, aligning with our commitment to providing top-tier online trading solutions.”
A CFD Giant in the Middle East
CFI originated in Lebanon but is now headquartered in Dubai. The broker has a strong grip on the Middle Eastern retail trading industry, as demonstrated last year when the trading volume on the platform surpassed $1 trillion in the third quarter of 2024.
“TFB PAMM is adding a missing piece to their service offering, and we’re excited to continue working on integrating both PAMM and the rest of the TFB ecosystem further into their environment,” said Michael Levine, the Head of TFB UK and UAE. “We look forward to expanding our partnership and growing together with CFI.”
Tools for Brokers is a trading industry technology provider offering turnkey solutions to brokers. Its clients include retail brokers, hedge funds, and prop trading firms. It has partnered with companies like SALVUS Funds, Devexperts, and Broctagon to enhance its solutions.
Apart from the PAMM and Toolbox, the company is also enhancing its offerings for prop trading platforms. Last year, it added a cTrader package tailored specifically for prop platforms.
Although many CFD brokers, including OANDA, Axi, Trade.com, and IC Markets, are now offering prop trading services, CFI has yet to enter this growing and unregulated niche.
This post is originally published on FINANCEMAGNATES.
