Company news

In a bold move to boost security, UpTrader, the leading trading software solutions provider, has announced the introduction of two-factor authentication (2FA) to its UpTrader CRM's Trader's Room, a dedicated personal trader's space.

The two-factor authentication is an additional security layer designed to ensure that traders are the only ones who can access their accounts, even if someone else knows their password. This feature is expected to significantly enhance security, reducing the risk of unauthorized access and potential fraud.

Though this feature comes as part of the new security update, it is turned off by default. However, brokers can easily activate it for their clients via the CRM settings. This provides brokers with the flexibility to customize the security measures of their client accounts, based on their unique needs and preferences.

"We believe that the new two-factor authentication feature is a crucial security upgrade that could greatly benefit our users," said an UpTrader spokesperson. "While our primary objective is to provide a secure trading environment, we also want to offer our users the flexibility to control their own security settings. This enhancement serves to meet both these objectives."

The company hopes that this added layer of security will increase user confidence and satisfaction, ultimately promoting a safer and more secure trading environment.

UpTrader continues to showcase its commitment to the safety and satisfaction of its clients with this new feature. Traders and brokers worldwide will now be able to enjoy an extra level of security, bringing a renewed peace of mind in the fast-paced and often risky world of trading.

We are pleased to announce that the UpTrader website is now available in Arabic. This recent development aims to provide a more user-friendly experience for our clients in the East, as we continually strive to adapt our services to meet the diverse needs of our global clientele.

UpTrader has already translated its website into several languages, including Chinese, Vietnamese, and Thai. This expansion into the Arabic-speaking market reflects our ongoing commitment to inclusivity and user accessibility.

"By making our website available in multiple languages, we aim to provide a more personalized and convenient experience for our business partners," says the UpTrader team.

The company is already planning to launch more language versions in the near future, as our clients hail from all corners of the world and our geographic reach has been expanding each month.

Stay tuned for more updates as UpTrader continues its global expansion.

Brokers who are using the cTrader trading platform now have access to four types of bonuses, all designed within the UpTrader CRM system. Therefore brokers can set up trading bonuses in order to attract new clients or encourage existing traders to trade more.

1. Deposit Bonus: This is a well-liked bonus type as it's created to incentivize those who make deposits into their accounts. It's a win-win situation - clients get more perks and trading possibilities, while brokers secure a client ready to trade. The broker typically determines the conditions and the bonus amount, such as adding 50% to the deposit amount for deposits ranging from $50 to $10,000. Brokers can set the terms for converting the bonus funds into cash for withdrawal in the 'conversion' field.
2. Monthly Interest: This bonus type is also popular as it promotes client loyalty and encourages them to maintain a higher account balance as it becomes more profitable. For instance, a broker can set a required minimum account balance for a specific day of the month. If the requirement is met, a client receives a bonus on their balance. The CRM also sets the conditions for cashing in the bonus.
3. Welcome Bonus: This bonus can only be received once by a client. It's a common strategy to drive traffic. Offering free money is an effective way to draw substantial, cost-effective traffic, but whether this traffic can be turned into clients is another story.
4. Manual Bonus: The standout feature of a manual bonus is its flexibility. A manager can give it away as they see fit, without any predefined conditions. It's a valuable sales tool and often proves helpful in the moment.

To activate these, simply navigate to CRM Admin, select bonus settings, and fill out the description and condition fields for each bonus.

Read more about White Label cTrader here.

If you have any questions, feel free to reach out to us through live chat or our ticket system. We're here to help!

Apple has recently tightened the regulations for apps that facilitate trading with Contracts for Difference (CFDs). If you're planning to launch your app on the iOS platform, you are now required to have licenses that authorize CFD provision in every region where you intend to distribute your app. Simply put, without these licenses, your trading app won't pass the Apple App Store's scrutiny and will not be allowed to publish.

However, there's a workaround to this issue. The cross-broker app cTrader for iOS lets you continue to serve your clients across the globe. This solution is unbranded and completely free if you're using White Label cTrader. If you're interested in offering a branded app to your customers, there's a one-time fee of $2000 after which you will have your very own mobile trading app customized with your brand.

There are several advantages to this solution. Firstly, you'll have the flexibility of both branded and unbranded versions. In regions where you don't hold a license, your clients can still access the unbranded version in the App Store. In areas where you're licensed, the app will bear your logo. Plus, your branded app will always be visible to traders on Google Play. Lastly, you can also offer a downloadable version directly on your website.

Should you need further information, feel free to reach out to our support team via online chat or at [email protected].

The Local Payment Agent (LPA) is a payment method primarily used in Africa and Asia, as well as in countries where customers face challenges accessing electronic payment systems. In such cases, some individuals in these countries may act as LPAs. For instance, an LPA may accept funds from customers into their local bank account, transfer the funds to a payment system such as Visa or Mastercard, and then credit the broker's account from where the funds are transferred to the customers' trading accounts through internal transfers. Once the customer has traded, they would use the same method to withdraw funds - by internal transfer to the LPA account at the broker, and then the LPA would transfer the funds to the customer using a local payment method.

To enable the Local Payment Agent function for a broker, they need to access the Admin Module in UpTrader CRM, select Payment System in the left sidebar, and then Local Payment Agent. The broker would then upload Agreements that their future LPAs must sign.

To become a payment agent, one needs to select the Local Payment Agent tab from the UpTrader CRM Back Office module, choose the user they wish to make an agent, and specify the terms of work: commission percentage for deposits and withdrawals, the countries they will operate in, and the currency for receiving payments. It is also important to add a description - an instruction for deposits and withdrawals that customers can use when working with the broker. Finally, Agreements must be signed. Afterwards, clients from the countries you specified will be able to see your Local Payment Method in the list of ways to fund their trading account.

If you need assistance or additional explanations, please contact our support team via our live chat or ticket system.

As a forex solution provider, we have been receiving a lot of requests for MetaTrader White Label. However, despite the announcement from MetaQuotes about their comeback to the App Store, they still suspend selling White Labels. Therefore, we strongly recommend that new brokers take a look at the new-generation trading platform, cTrader. It is a perfect solution.

In light of this, new brokers are better off not spending time seeking MetaTrader White Label, as it is virtually impossible to purchase it. Instead, they should consider cTrader – the new generation trading platform that offers numerous advantages, especially when compared to White Label cTrader.

cTrader advantages

One of the main reasons new brokers should opt for cTrader is its accessibility. While acquiring a MetaTrader White Label has become impossible due to MetaQuotes' strict policies, cTrader is readily available for purchase, allowing brokers to focus on growing their business rather than navigating the intricacies of obtaining White Label MT.

cTrader also provides a more transparent and compliant platform. Its commitment to maintaining order execution transparency ensures that the platform adheres to regulatory requirements, thereby providing a safer and more reliable trading environment for brokers and their clients. In comparison, MetaTrader's lack of transparency in order execution leaves more room for manipulation, which could potentially jeopardize a broker's reputation and business.

Another advantage of cTrader over MetaTrader White Label is its modern and user-friendly interface. The platform's sleek design, along with its two popular themes (dark and light), appeals to traders of all experience levels. Moreover, cTrader's graphical features, account management tools, testing capabilities, and technical indicators can easily compete with those of MetaTrader, making it an attractive alternative for new brokers.

Compliance process

Furthermore, cTrader offers a more streamlined compliance process, as it controls brokerage activities within the platform itself, including trade recording and order execution transparency. This allows them to welcome anyone without taking on any unnecessary risks. In contrast, MetaQuotes' stringent compliance process can make acquiring their White Label product nearly impossible, as customers are required to have the correct jurisdiction, bank accounts, and other legal details in place.

In addition to these benefits, cTrader's continuous innovation and development efforts ensure that the platform stays up-to-date with the latest industry trends and technological advancements. This positions new brokers for success, as they can leverage the platform's cutting-edge features to stay competitive in the rapidly-evolving forex market.

In conclusion, new brokers should prioritize cTrader over MetaTrader White Label, as it offers a more accessible, compliant, and user-friendly trading platform. By choosing cTrader, brokers can avoid the challenges associated with acquiring MetaTrader White Label, and instead focus on growing their business and providing a superior trading experience for their clients.

We have compared cTrader and MetaTrader for you here.

To learn more, contact us through our live chat.