Devexperts, the global financial software provider, made an announcement on Monday. This announcement was for the integration of DXtrade, its Software as a Service (SaaS) foreign exchange (forex) trading platform, which will be integrated with FXStreet’s Economic Calendar.
FXStreet And Devexperts Working Together
Economic Calendar stands as a leading resource and information provider for forex traders, developed by FXStreet. Through this new trading platform, traders will be capable of tracking the events of their choosing, doing so through the Economic Calendar.
The Economic Calendar will further allow users within the DXtrade platform to provide indicators in order to help them determine what release of economic data will cause the largest movements within the markets. Alongside this, Economic Calendar will further provide more information for each data release, as well.
The Mandatory Kind Words
Setxi Fernández stands as the CEO of FXStreet and gave a comment about the integration at large. He stated that FXStreet’s entire goal is to keep traders as informed as possible, in order to allow these traders to make the best possible decisions when trading in the markets. Fernández stands convinced that this DXtrade partnership will FXSTreet to expand its reach, thus aiding more traders. Fernández stated that this will now be done through a partner they can trust, one that shares the values that FXStreet holds regarding the FX market at large.
Conor O’Driscoll stands as the Vice President of the Devexperts OTC Platform and gave a statement about the matter, as well. He explained that Devexperts had added the Economic Calendar of FXStreet to its platform as part of an ongoing commitment from the team to deliver a best-in-class trading platform for clients and brokers. O’Driscoll further recognized FXStreet as a long-time market standard when it comes to FX news providers, stating that Devexperts as a whole is pleased to have them within the platform.
All Parties Gaining Benefit
Investors that heavily rely on fundamental analysis can leverage the Economic Calendar for their own ends. Alongside this, traders that combine it with technical analysis are capable of incorporating it into their various strategies. Within the DXtrade platform, this calendar can be added to the same screen as other components on the platform, or be viewed individually. These other components include things like watchlists, trader’s charts, positions, and more.
The new platform from Devexperts stands as an “off the shelf” trading solution dedicated to CFD brokers. It stands as highly customizable, with the setup and layout of the platform being fully changeable by the brokers themselves.