Platforms · Software · Providers · Markets
FIX, REST and WebSockets for trading order flow
FIX, REST and WebSockets solve different parts of order flow. A broker can combine them, provided acknowledgements, retries and recovery have explicit ownership.
CXM Group agrees to acquire South African broker TD Markets
Your Bourse and 4XPORTAL connect CRM and trading tech for Dubai brokers
IC sets out a brand and data overhaul for its global group
Clock synchronisation is a control, not a timestamp setting
A broker can have accurate clocks and still produce misleading event order. The control problem is to prove what each timestamp measures, ho...
Observability for trading systems: logs, alerts and costs
A practical observability plan for brokers and prop firms: instrument the order path, choose alerts tied to trading impact, and keep telemet...
Latest
All news- CXM Group agrees to acquire TD Markets while preserving local services
- Interactive Brokers lifts quarterly dividend as balances grow
- Interactive Brokers boosts payout as balances lift interest income
- Binance says bStocks reached $1 billion faster than rivals
- Binance says bStocks reached $1 billion in assets before rivals
- Malta regulator halts Trive account flows and bars Kasim Garipoglu
- CMC Markets shifts institutional business to its main brand
- Historical data storage and the cost of replaying a year
- Disaster recovery for a live trading book: a weekly checklist
Platform Directory
Reviewed quarterlyCapabilities as documented by each vendor, re-checked every quarter. Vendors cannot pay to be listed, to be removed, or to change how a capability is described. Liquidity and technology suppliers are covered on the Institutional FX desk. Sample rows shown.
| Platform | Category | Asset classes | Prop / funded tooling | Deployment | Review |
|---|---|---|---|---|---|
| MetaTrader 5MetaQuotes | Trading platform | FX, CFD, futures, equities | Via broker-side plugins and third-party risk managers | Server licence / white label | Sep 2026 |
| cTraderSpotware | Trading platform | FX, CFD, futures | Native risk groups and account-level restrictions | Cloud / white label | Sep 2026 |
| Match-TraderMatch-Trade | Trading platform | FX, CFD, crypto | Dedicated prop module with evaluation rules | SaaS | Aug 2026 |
| DXtradeDevexperts | Trading platform | FX, CFD, futures | Prop configuration with rule templates | SaaS | Aug 2026 |
| TradeLockerQuantower | Trading platform | FX, CFD, crypto | Built prop-first; evaluation logic in-platform | SaaS / browser | Jul 2026 |
| TradovateNinjaTrader Group | Futures platform | Futures, micros | Widely used by funded futures programmes | Cloud / broker | Sep 2026 |
| NinjaTraderNinjaTrader Group | Futures platform | Futures, micros | Third-party add-ons for evaluation tracking | Desktop / cloud | Jul 2026 |
Prop Firm Index
Updated weeklyTerms as published by each firm, checked against its current rulebook. The 30-day column tracks our composite score: payout reliability, rule stability, platform uptime and support response. Firms cannot pay to be listed, removed, or moved. Sample data shown.
| Firm | Model | Profit split | Max drawdown | Min days | Payout cycle | Platform | 30-day |
|---|---|---|---|---|---|---|---|
| Meridian FundedFX · Metals | 2-phase | 90% | 10% trailing | 4 | Bi-weekly | cTrader, MT5 | ▲ 2.4 |
| Northwind CapitalFutures | 1-phase | 80% | $3,000 static | 7 | Weekly | Tradovate | ▲ 1.1 |
| Atlas EvaluationFX · Indices | 2-phase | 85% | 12% trailing | 5 | Monthly | MT5 | , 0.0 |
| Bluepeak FuturesFutures · Micros | Instant | 90% | $2,500 EOD | 3 | Bi-weekly | Tradovate | ▲ 3.7 |
| Quantis DeskFX · Crypto | 2-phase | 75% | 10% static | 10 | On request | cTrader | ▼ 4.2 |
| Harbourline PropCrypto | 1-phase | 80% | 8% trailing | 0 | Weekly | Match-Trader | ▼ 0.8 |
Technology
Platform directoryFinTech
All fintech
Robinhood reports $15 billion in stock-token trading volume
September accounted for roughly $6.57 billion of onchain equity trading on Robinhood, about 42% of that month's volume,...
CFTC proposes new federal rules for event-contract trading
The proposals come amid opposing appeals court rulings, New Jersey's Supreme Court petition and $1.2 billion in August s...
Benzinga and WNSTN bring conversational AI into broker apps
The service can draw on news, analyst views and company filings. WNSTN's study covered more than 88,000 trades and compa...
Institutional FX
All institutional fx
ASX chief presses for an earlier T+1 settlement timetable
ASX's March 2025 guidance tied any switch to CHESS's second release and a decision to move, putting 2030 at the earliest...
TASE considers €20 million to €40 million Cyprus exchange purchase
Cyprus's sale also covers its national CSD and securities registry. Tender scoring assigns 70% to price and 30% to a bid...
Shareflo flags 33,675 UK firms with overdue filings amid ID checks
Shareflo reviewed more than three million active, non-dormant private companies. By 19 September, 13,401 had filed and 5...
Infrastructure
All infrastructure
Historical data storage and the cost of replaying a year
A year of market history is not just a disk bill. Event format, compression, indexes and replay throughput determine whe...
Disaster recovery for a live trading book: a weekly checklist
A practical weekly rehearsal for a live trading book, from fencing the failed primary to reconciling executions and conf...
Measure broker API rate limits before bursts hit
Broker API limits vary by endpoint, account and burst window. Measure request pressure, retries and queue age together,...
Markets and people
Prop Firm IndexRetail FX
AllCXM Group agrees to acquire TD Markets while preserving local services
South African accounts, funds and regulatory arrangements will stay with TD Markets. The firms also plan to ex...
Interactive Brokers lifts quarterly dividend as balances grow
Adjusted net revenue reached $1.87 billion, while diluted earnings were $0.67 per share. DARTs averaged 4.27 m...
Crypto
AllBinance says bStocks reached $1 billion faster than rivals
The product supports fee-free 1:1 conversion, round-the-clock trading and margin collateral. Binance says 38%...
Binance says bStocks reached $1 billion in assets before rivals
Since its June 11 launch, bStocks has recorded more than $40 billion in cumulative trading volume and expanded...
Markets
AllSelway expects four or more venues to start security futures this quarter
Five venues filed Form 1-N notices in September, but the filings do not identify which exchanges may launch or...
Fed minutes deepen silver sell-off as weekly support breaks
Speculators held 22,083 net long contracts, while the Silver Institute expects a sixth consecutive market defi...
Executives
AllMAS Markets appoints Simon Naish to lead Asia-Pacific business
Based in Sydney, Naish succeeds Harry Fry as MAS expands its regional team; the firm also holds a stake in Sol...
HFM adds Libertex finance and strategy executive as chief of staff
The hire follows Georgios Papassavas's move from Chief Information Officer to CEO and Mohamed Elgayyar's appoi...
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