Multi-asset trading platform provider Match-Trade Technologies has announced that it has introduced a series of updates to the Match-Trader platform during the month of October 2024, which include a comprehensive set of improvements across its ecosystem covering Prop Trading solutions, the Match2Pay system payments, Match-Trader’s CRM platform and Social Trading features.
The key additions in October were Prop Trading tournaments, the innovative automatic deposit conversion in Match2Pay, the new ability to export platform logs and the expanded Broker API endpoints. These updates demonstrate Match-Trade’s commitment to providing more powerful tools for data analysis, automated transaction management and seamless payment processing.
Prop Trading Tournament on Match-Trader
A new tournament feature called “Prop Trading Competitions” has been introduced to the Match-Trader platform, allowing aspiring traders to compete in simulated real market conditions with or without entry fees. Each tournament is designed with clear rules for daily and max losses, along with specific rating parameters, attractive prizes and predetermined duration.
Benefits for brokers:
Prop Trading Competitions create an engaging environment where traders can experience the platform under realistic conditions, participating in free tournaments and testing their skills without incurring any costs. They also offer the chance to win a prize, increasing user loyalty and the incentive to trade actively. The comprehensive system of statistics and rankings allows traders to accurately monitor their performance and compare their results with others, fostering healthy competition and increasing the appeal of the platform. When combined with advanced technology, this approach revolutionizes the way backers acquire new traders and prepare them for live trading. With the new feature, everything is integrated into a seamless tournament management ecosystem.
Escalation of accounts in funded phases
Thanks to the new dynamic account escalation system for funded phases, the way traders can progress on our platform has changed. Now they can easily move from one funded phase to another, which greatly improves trading conditions such as initial balance or profit sharing. Match-Trade integrated this with their CRM challenge configuration, allowing custom profit target values for funded phases. This solution gives traders the freedom to choose between scaling their account for better conditions or withdrawing their profits once they reach the goals.
Benefits for brokers:
This flexible management of accounts in funded phases creates new opportunities for support companies to optimize their operations. The scaling mechanism can enhance profits while improving cash flow management by reducing the frequency and amount of merchant withdrawals.
Integration of Social Trading with Match-Trader Notifications
Match-Trade recently introduced a special notification system to improve customer communication and increase customer loyalty. It features both Inbox and Push notifications for critical account events. Users receive automated notifications for:
- Unsubscribe due to insufficient capital, activate Max Loss or Take Profit.
- Insufficient subscriber funds to open duplicate position.
- Monthly subscription fee.
- Attempt to charge subscription failed.
Benefits for brokers:
The redesigned communication system builds trust through improved transparency, keeping users informed of critical account events. The automated notification system helps customers maintain better control of their subscriptions and respond quickly to important changes.
Instant deposits and withdrawals from your Match2Pay dashboard
Match-Trade has upgraded its platform to allow manual deposits to the Match2Pay balance to fund the merchant balance for customer withdrawals. Users can now whitelist their wallet address and request instant settlement withdrawals right from the dashboard. These improvements represent a major step forward in making the payment system more flexible and user-friendly.
Benefits for brokers:
The manual deposit feature offers a quick solution to increasing your Match2Pay balance when customer withdrawals exceed the current available balance. Direct withdrawals from the control panel simplify settlements, allowing customers to make efficient and secure withdrawals to external addresses when combined with whitelisting.
Automatic deposit conversion
To transform the way currency handling works on our platform, we recently implemented an automatic deposit conversion feature, which allows deposits to the broker’s balance to be converted to a different currency extremely quickly. The whole process handles complex scenarios seamlessly.
Example:
A Match2Pay merchant who prefers USD settlements receives a BTC deposit from a client with a GBP trading account. With the new auto-conversion feature, the system automatically credits the trading account in GBP while converting the trader’s balance to USD. All conversions happen instantly and transparently in the background.
Benefits for brokers:
Currency selection for deposit holdings on Match2Pay enhances balance management and stability, resulting from holding stable fiat currencies (beneficial for customers offering products in minority currencies). The streamlined accounting process simplifies operations for customers who need to settle all payments in a single currency, such as USD.
Extract data from platform log tab
Match-Trader’s reporting capabilities have been improved by introducing a new, simple feature that exports platform logs to a CSV file with just a few clicks. This functionality makes data analysis more accessible and efficient than ever before.
Benefits for brokers:
The CSV export feature allows easy creation of comprehensive reports and data analysis outside of the Forex CRM system. This proves especially useful when preparing detailed analyzes and creating data-driven presentations.
New Broker API Endpoints
By adding new endpoint types to the Broker API, more API query capabilities are provided. These include:
- Retrieve platform logs
- Create & Cancel Pending Order
- Update trading account
- Retrieving Libraries by Link List or Groups
- Retrieve Order History by Link List or Groups
Benefits for brokers:
Expanded API capabilities offer a wider range of possible actions, facilitating more sophisticated automation and integration through the Broker API. With the new endpoints, brokers using Match-Trader can simplify their workflow processes and manage positions directly from the API without having to access the Back Office, which is especially useful when using an external CRM.
Automatic staking of rewards on the TRX network
Match-Trade developed an automated staking system for Match2Pay Pro clients on the TRX network. The smart automation solution handles the collection and re-staking of voting rewards without any manual intervention. The team designed this feature to ensure automatic reinvestment of all rewards.
Benefits for brokers:
The implemented system optimizes the staking process, leading to higher returns and improved performance. This automation increases staking returns while reducing transaction processing costs for customers.
Integration of BASE Blockchain and BTC BEP20 into Match2Pay
To guarantee seamless and reliable operations, Match-Trade has added compatibility with USDC BASE, ETH BASE and BTC BEP20 to the list of supported tokens.
Benefits for brokers:
The expanded network and token support open up new opportunities to attract customers who want to make payments using different payment methods. This improvement demonstrates Match2Pay’s adaptability to emerging market trends, building stronger trust in its payments infrastructure.