Australian
forex broker Blueberry announced today (Tuesday) the integration of
DXtrade into its platform offerings, expanding its services for forex and contract
for difference (CFD) traders globally.
Blueberry Integrates DXtrade, Expands Trading Platform Options
The
integration enables traders to access multiple asset classes including forex,
CFDs on indices, shares, commodities, and cryptocurrencies through DXtrade’s
platform. The new offering complements the broker’s existing MetaTrader 4 and
MetaTrader 5 solutions.
According
to Blueberry, the platform will be available to both direct clients and
sub-brokers (also potentially prop firms) who haven’t independently licensed
DXtrade. This marks a significant expansion of the broker’s technological
infrastructure.
“Our
goal is to make trading more accessible to everyone,” Ajak Biar, Chief
Commercial Officer at Blueberry, told during the
announcement. “By introducing the DXtrade platform, we are expanding the
options available to traders, providing them with greater flexibility in how
and where they trade. DXtrade offers a comprehensive suite of intuitive trading
tools, and we encourage traders to explore its features and benefits.”
Developed
by financial software company Devexperts, DXtrade provides brokers with
real-time risk management capabilities and customizable settings for client
segmentation. The platform’s architecture allows for expansion through
additional server capacity to accommodate increasing trading volumes.
The
platform includes a web-based interface and iOS mobile application, featuring
TradingView chart integration. Technical functionalities include configurable
Stop Loss and Take Profit levels, both in order entry and chart-based trading.
“We will
continue to work with Blueberry in the deployment of our platform, ensuring the
smooth delivery of Blueberry’s trading services via DXtrade, and very much look
forward to our ongoing collaboration,” added Jon Light, Head of OTC Platform at
Devexperts.
As reported exclusively by Finance Magnates, the number of active accounts on the DXtrade SaaS platform reached nearly 1 million in 2024, a threefold increase from the previous year. This total does not yet account for the final figures from December.
Blueberry’s Rebranding and
Prop Trading Push
At the end
of 2024, Blueberry Markets rebranded by shortening its name to
“Blueberry.” While the broker did not provide specific reasons for
the change, it also introduced a refreshed design for its trading platform,
including a new logo.
In
addition, the broker launched a new transaction reporting system in Australia.
The system integrates TRAction’s reporting solution with the widely-used
MetaTrader 4 (MT4) platform, aiming to streamline regulatory compliance .
“This partnership showcases our commitment to delivering seamless and compliant solutions, alleviating the burden of trade reporting on teams and allowing for increased capacity to focus on services,” Quinn Perrott, co-CEO at TRAction, commented.
Beyond
serving retail clients, Blueberry has also worked extensively with proprietary
trading firms. It has now entered the prop trading space directly with the
launch of its own brand, Blueberry Funded.
Australian
forex broker Blueberry announced today (Tuesday) the integration of
DXtrade into its platform offerings, expanding its services for forex and contract
for difference (CFD) traders globally.
Blueberry Integrates DXtrade, Expands Trading Platform Options
The
integration enables traders to access multiple asset classes including forex,
CFDs on indices, shares, commodities, and cryptocurrencies through DXtrade’s
platform. The new offering complements the broker’s existing MetaTrader 4 and
MetaTrader 5 solutions.
According
to Blueberry, the platform will be available to both direct clients and
sub-brokers (also potentially prop firms) who haven’t independently licensed
DXtrade. This marks a significant expansion of the broker’s technological
infrastructure.
“Our
goal is to make trading more accessible to everyone,” Ajak Biar, Chief
Commercial Officer at Blueberry, told during the
announcement. “By introducing the DXtrade platform, we are expanding the
options available to traders, providing them with greater flexibility in how
and where they trade. DXtrade offers a comprehensive suite of intuitive trading
tools, and we encourage traders to explore its features and benefits.”
Developed
by financial software company Devexperts, DXtrade provides brokers with
real-time risk management capabilities and customizable settings for client
segmentation. The platform’s architecture allows for expansion through
additional server capacity to accommodate increasing trading volumes.
The
platform includes a web-based interface and iOS mobile application, featuring
TradingView chart integration. Technical functionalities include configurable
Stop Loss and Take Profit levels, both in order entry and chart-based trading.
“We will
continue to work with Blueberry in the deployment of our platform, ensuring the
smooth delivery of Blueberry’s trading services via DXtrade, and very much look
forward to our ongoing collaboration,” added Jon Light, Head of OTC Platform at
Devexperts.
As reported exclusively by Finance Magnates, the number of active accounts on the DXtrade SaaS platform reached nearly 1 million in 2024, a threefold increase from the previous year. This total does not yet account for the final figures from December.
Blueberry’s Rebranding and
Prop Trading Push
At the end
of 2024, Blueberry Markets rebranded by shortening its name to
“Blueberry.” While the broker did not provide specific reasons for
the change, it also introduced a refreshed design for its trading platform,
including a new logo.
In
addition, the broker launched a new transaction reporting system in Australia.
The system integrates TRAction’s reporting solution with the widely-used
MetaTrader 4 (MT4) platform, aiming to streamline regulatory compliance .
“This partnership showcases our commitment to delivering seamless and compliant solutions, alleviating the burden of trade reporting on teams and allowing for increased capacity to focus on services,” Quinn Perrott, co-CEO at TRAction, commented.
Beyond
serving retail clients, Blueberry has also worked extensively with proprietary
trading firms. It has now entered the prop trading space directly with the
launch of its own brand, Blueberry Funded.
This post is originally published on FINANCEMAGNATES.
