myForex for Brokerage Firms

Brokerage firms can participate in retail Forex market by soliciting investors and self-traders, thus outsourcing all of their orders to the Primary Market Makers (PMMs).

With myForex Platform Brokers accept clients' funds, conduct no dealing desk, and implement 100% clearing of internal trading flow (no trading risk involved). They gain a flexibility to control the 'routing' of outsource orders: choose from multiple clearing houses, match counter orders, define the company risk management criteria, etc.

For brokers myForex would serve as a complete software solution for administration, straight-through processing (STP), and all back-office needs.

Your administration personnel would be able to reflect and manage real company structure, setup lower level administrative units for the companies you have B2B relationships with, request B2B reports, etc.

myForex provides automated mirroring of your external (clearing house) accounts within internal trading back-office. It also provides comprehensive reporting tools for measuring business performance.

By implementing a White Label approach myForex allows to deliver a turn-key trading solution especially for brokers planning to outsource their internal transactions to multiple PMMs. For details on White Labeling, please, see the "Where's the demand for FX White Labeling coming from?" article published in e-Forex magazine.

For printable version of myForex solutions for all known market participants, please download myForex Business Solutions document in Adobe PDF format.