PhillipCapital UK, part of forex and contracts for difference (CFDs) brokerage PhillipCapital group, has partnered with oneZero Financial Systems, a trading software provider, to offer the developer’s solutions to its retail clients via the renown MetaTrader 4 (MT4) trading platform, the broker said last week.
The partnership will allow PhillipCapital UK’s customers to gain access to leading liquidity providers’ most competitive prices, using oneZero’s hub solution and price aggregation software, the MT4 Liquidity Bridge, via the MT4 platform.
Clients of the broker are able to take advantage of the depth of liquidity made available through the group’s established balance sheets and banking relationships directly from MT4, the notice read.
“In today’s marketplace, retail clients are looking to trade with brokerages who have a reliable corporate and regulatory structure, robust technology and strong customer service,” oneZero CEO Andrew Ralich said. “We are proud to be in a position to complement PhillipCapital UK’s established global presence, its strong balance sheet and its focus on execution quality, with our industry leading solutions for retail brokers and prime brokers,” he added.
MT4, developed by MetaQuotes, is available as a desktop software and a mobile application, as well as in a web-based version. It is the worlds’ most widely-used forex trading platform.
oneZero is a developer of software solutions for the forex, commodities, and futures markets. Its MT4 Liquidity Bridge is a comprehensive MT4 technology solutions that is integrated with more than 40 leading multi-asset liquidity providers. The software offers brokers tools that help them configure pricing and spreads, aggregate liquidity feeds, and integrate with post-trade processors.
PhillipCapital UK is a London-based broker of forex, commodities, and CFDs on indices. It is regulated by the UK’s Financial Conduct Authority (FCA).
PhillipCapital UK is the trading name of King & Shaxson Capital, which was acquired by the PhillipCapital group in 2002. The group serves over 1 million clients across the globe, including in the UK, the US, Singapore, Hong Kong, India, and Japan.
Liquidity Bridges act as bridge connection between MT4 from a broker’s server to the server of a liquidity provider. Other software developers that offer such products are Boston Technologies, Prime XM, and RousTechnology.
Source: PhillipCapital UK
