Fintech developer PFSOFT has introduced a new pricing model for the Protrader trading platform and will waive the $150,000 license fee for its business-to-business (B2B) product line solutions.
This means that brokers that use the platform will be required to pay only a flat monthly fee that would depend on Protrader’s components required by a client.
The fintech said it will soon announce a major enhancement to one of its products, but provided no further information.
“Rationale behind this decision is to help market participants to diversify risk and extend their business activity by implementing proven multi asset technology,” said Roman Nalivayko, global head of business development at PFSOFT. “Our new approach will also eliminate the risk for companies that already use some other technology, but are not quite happy with its limitations. We have noticed, that in recent months many companies started to look for more advanced trading solutions that allow various asset classes to be offered next to FX or CFDs,” he added.
Protrader is a multi-asset trading platform with multi-broker connectivity, available to both retail and institutional traders. It is available in desktop, mobile, and web-based versions. The platform features a wide selection of tools for multi-asset trading, including forex, equities, futures, contracts for difference (CFDs), options and spread betting. It is used by brokerages, white label and technology providers, local marketplaces, and now by funds and proprietary trading companies.
Poland-based PFSOFT is a provider of professional trading technology and solutions to brokers, banks, and exchanges. In addition to Protrader, it is also the developer of Protrader Multi-Connect (PTMC), a trading platform for forex and contracts for difference (CFDs). The software company serves clients from across the world, including in North America, Australia, Asia, Great Britain, Poland, and South Africa.