Company news

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.

Forex leverage is a common tool used by traders to increase their potential profit or loss from a trade. Leverage allows traders to open positions with a much larger amount of money than they actually have in their trading account. This is made possible by borrowing funds from the broker and using them to open positions.

It's important to note that while leverage can increase potential profits, it can also amplify losses. This is because the larger the position size, the greater the impact of price movements on the trader's account balance. As such, traders should use caution when using leverage and ensure they have a solid risk management strategy in place.

What leverage size UpTrader offers to its clients?

There are two models which brokers choose: a-book and b-book. We explained in details which model is better in our recent article. Using B-book brokers can set any leverage for their clients such as 1:1000 or 1:5000 or more, but on an A-book, the leverage will always be not higher than 1:100. For brokers this means that if a broker offers higher leverage on a b-book, they will be responsible for covering any losses incurred by their clients. For example, if a broker sets a leverage of 1:200 on a b-book, they would need to have a deposit on the a-book that is twice the size of their clients' deposits in order to cover potential losses.

"The exact leverage that a forex broker can set may vary depending on the instrument being traded. For example, some brokers may offer lower leverage on certain instruments, such as exotic currency pairs or commodities. At our company, you can trade over 100 forex pairs with a leverage of 1:100. In addition to Forex, our clients can trade spot metals with a leverage of 1:100, indices and spot energy with a leverage of 1:50. To learn more, connect with us through our live chat.

UpTrader Invest is a versatile investment system that empowers traders to create, manage, and invest in strategies with ease. This innovative platform comprises two key components: a plugin that's installed inside the MetaTrader server, and a user interface that's integrated into UpTrader's CRM.

One of the standout features of UpTrader Invest is its multiple modes of operation. In each mode, investors are able to leverage the expertise of professional traders without having to learn how to trade themselves. This is made possible through the service's ability to copy the trades of experienced traders to investors' accounts. The manager creates investment strategies, and the investor is connected to these strategies, earning profits from the trades while the trader earns commissions for the use of the strategies.

There are three investment modules: MAM, Social Trading and PAMM.

MAM

MAM, which stands for Multi Account Management, is a service offered by some Forex companies that allows a trader to manage multiple investment accounts simultaneously. Here's how it works:

Let's say a trader has an account and several investors have invested money into it.

With MAM, each investor is provided with a separate investment account, which allows them to view their personal results. The trader, on the other hand, has access to the entire amount in the account and can use it to execute trades. This means that the trader can open larger trades than they would be able to with their own personal funds. The trade history is open for investors, so they can analyze the strategy. 

Social Trading

Social Trading is similar to MAM in many ways, but there is one important difference. In Social Trading, the investors do not give their money to the trader. Instead, each investor has their own account, separate from the trader's account.

For example, let's say there are three investors, and each has their own account. The first investor has an account with $1,000, the second investor has an account with $100, and the third investor has an account with $200. The trader has their own account with $1,000, and can only see their own account.

Unlike in MAM, the trader in Social Trading does not have direct access to the investors' money. This means that the trader can only trade with their own money, which limits the amount they can trade.

PAMM

PAMM stands for Percentage Allocation Money Management. People frequently ask for this type of investment service, however, this module completely repeats MAM service. The difference is only that the history of trades is not available to investors.

In addition to the obvious advantages, the service has several features that will allow your company to get more clients and managers to use the service:

1. Stability. No trades are lost thanks to its unique design. Unlike similar platforms, UpTrader Invest is a plugin that works directly at the MT4 core, ensuring the stability of operations and completely eliminating the possibility of missing trades, which is inevitable when connecting to MetaTrader 4 externally — and that is exactly how most similar solutions work.

2. Controlling your UpTrader Invest in MetaTrader Manager

Brokers can manage their UpTrader Invest plugins through the MetaTrader Manager mobile app. It offers full managing capabilities: opening new accounts, deposits, analytics, and much more.

3. Versatility. Investors can monitor their profits via all available methods for MetaTrader (desktop app, mobile app, web terminal) & via UpTrader FX CRM

Learn more about UpTrader Invest on the page dedicated to the service. Or contact us through live chat.

As a broker, it's essential to have the right tool to manage your partners and calculate partner rewards accurately and on time. UpTrader CRM provides its clients with an advanced partnership program that can help manage rewards efficiently with flexible settings.

The multi-account partnership program

With this program, partners can create and customize partnership conditions to their liking, utilizing our advanced mode to craft the perfect conditions for their business. Clients are automatically assigned to IB-level 1 upon approval of a partnership application, with a remuneration of 3 USD per lot for all trading instruments (except Energies, which have a remuneration of 1 USD per lot). As partners work their way up to IB-level 2 and IB-level 3 by fulfilling certain conditions, they become eligible for even greater rewards.

Partners can access all these features through our user-friendly admin interface. With just a few clicks, they can create, edit, or delete partnership conditions, adjust reward structures, and more.

Manage reward frequency
The default reward payment frequency is determined by the frequency of payment and can be set for each partner separately.

For those who want to receive their rewards quickly, we offer Daily Instant payments. These rewards are automatically available for withdrawal every day without any need for back-office approval. Monthly Instant payments are also available, with rewards automatically available for withdrawal at the beginning of each new month without any back-office approval.

If a partner wants a little more time to review their rewards before withdrawal, they can choose Monthly Delayed payments. These payments become available for withdrawal a set number of days after the beginning of a new month, during which time your back-office team has the opportunity to review and adjust the rewards.

Our platform also allows for automatic reward payments with the option to enable or disable this feature. We understand that some partners prefer more control over their rewards, so we also offer the option to require back-office approval for all new rewards.

Exclude bonuses from rewards

The Bonus Coefficient is a powerful tool that comes into play when the Bonuses option is enabled. By setting the "Use bonus coefficient" option, the bonus funds are excluded from the calculation of partner rewards.

This setting is particularly useful for partners whose referred clients are receiving bonuses on their trading accounts. The equity of the referral's trading account is made up of both their own funds and bonus funds. As a result, the partner reward receivable is inversely impacted by the amount of bonus that constitutes the equity. In other words, the more bonus funds that make up the equity, the smaller the partner reward will be.

This feature provides partners with greater flexibility and transparency in managing their rewards, allowing them to better align their efforts with the goals of their business. With the Bonus Coefficient, partners can now focus on bringing in high-quality clients who will make substantial deposits and trade frequently, without having to worry about the impact of bonus funds on their rewards.

Other features

Partners can also take advantage of our rebate system by selecting the default rebate program. We also offer various settings for brokers, including the ability to view phone numbers and email addresses of clients who use partner code, as well as access to the SUB IB tree.

Contact us to get more information by [email protected], or using our live chat.
 

CRM Provider UpTrader has just released a new feature for UpTrader CRM Bonus Program that allows brokers to set limits on the number of bonuses and maximum amount that can be received by an individual. For instance, a broker can limit a trader from receiving more than $10,000 in bonuses, and when the limit is reached, the system will not allow getting more.

With this new feature, brokers can put a cap on the bonus program, preventing any individual from receiving an unlimited amount of bonuses. The feature is designed to provide greater control over bonus programs and to help brokers manage their resources more effectively. UpTrader's latest bonus program feature is dedicated to enhancing the user experience of Forex brokers with UpTrader CRM.   

Yours UpTrader Team

UpTrader, a leading provider of CRM software for brokerage companies, has announced the addition of a new language to their platform. Spanish has become the 17th language in UpTrader CRM, joining other languages such as French, Portuguese, Italian, Chinese, Japanese and so on.

With the addition of Spanish, UpTrader's CRM software now covers a wide range of languages, enabling brokers to serve a diverse clientele from different regions around the world. The multi-language platform allows traders to interact with brokers in their native language, creating a more comfortable and personalized experience.

This update will enable brokers to provide better service to their Spanish-speaking clients and broaden their business horizons. 

Yours UpTrader Team