UpTrader Wallet: why do clients need this feature?
19.10.2022
UpTrader Forex CRM has a lot of features that are undeservedly ignored by brokers. For example, the wallet.
The wallet is a non-trading account for depositing funds. It was designed to make it easier for your clients to manage their finances. This is especially true if they use more than one trading account.
So why have a non-trading account when you can fund the trading account directly?
- Easier to choose
Fund you wallet now and then decide which account you want to trade in. This function was implemented at the request of a large broker whose task was to simplify the path their client was taking to deposit their account. Since the broker had many types of trading accounts available and the client had to choose which account to deposit, it often lead to customer’s frustration. In order not to complicate the process of registration and account deposit, we decided to create a non-trading account, that is, a wallet for deposit/withdrawal and transfer of funds.
- Keep your money safe in a wallet
Keeping money in a trading account always carries the risk of free funds covering the margin on trading positions. If there is no wallet to which you can transfer money instantly and where it cannot be lost, then you must either close all your positions, or apply for withdrawal of funds, wait for approval and transfer them to your account while paying commission. With a wallet, a trader can withdraw funds from the account and not worry about it covering the margin.
- Simplify deposits and withdrawals
If a trader has several trading accounts, with a wallet, they do not need to deposit each account separately through payment systems, it is enough to deposit one account. To transfer funds from each trading account to the wallet, no additional approvals are needed, it is done instantly and the client immediately can see how much money they can withdraw and how much has to be kept as security. Most importantly, the client can transfer money from all trading accounts to the wallet and submit a single withdrawal request instead of having to submit it for each account separately.
How do I connect/disconnect the wallet in my Forex CRM?
Leave a request with your manager or contact us by live chat or email: [email protected]
Đăng ký nhận tin tức
Bằng cách nhấp vào nút này, bạn đồng ý với việc chúng tôi xử lý dữ liệu cá nhân của bạn
Tin tức gần đây
If you are a CEO, owner, or key executive of a brokerage company, you undoubtedly aim for a precise and visually clear understanding of how successfully your business operates in various regions. In this case, integrating Power BI into your company becomes not just desirable, but crucial.
What can Power BI do for Forex Brokers?
At UpTrader, we offer our clients Power BI analytics, providing a clear comparative view of any aspect of your business. Simply apply filters by regions to see which one brings in the most revenue. You will be able to see which clients trade the most successfully - perhaps they are your future managers. Determine which trading instruments and in which countries are preferred, to create special offers and trading conditions for traders from these regions. Analyze trading volumes, the popularity of payment systems, and offer special conditions for deposits and withdrawals. Compile comparative dashboards to make data-based forecasts and plan your business development.
Analytics is a powerful tool. And access to analytics with just a few clicks gives you a competitive advantage in quickly analyzing situations and making informed decisions.
At UpTrader, analytics is fully integrated with MetaTrader and all UpTrader Forex CRM modules. Want to implement this in your company? Contact your manager for details [email protected]
Reference:
Power BI is a business analytics tool from Microsoft that allows users to transform data from various sources into interactive dashboards and analytical reports. It is used for aggregating, analyzing, visualizing, and sharing data. Power BI provides a deep understanding of key business indicators and data, helping to make informed decisions based on data.
Key features of Power BI include:
Data Integration: Connecting to a wide range of data sources, including cloud databases, local data, Excel, and others.
Data Modeling and Analysis: Creating custom data models and using analytical functions to extract valuable business insights.
Data Visualization: Transforming data into clear, easily interpretable visualizations such as charts, diagrams, and maps.
Collaboration and Data Sharing: Sharing your reports and dashboards with others, facilitating teamwork and decision-making.
Availability and Mobility: Power BI offers cloud solutions and mobile applications, allowing users to access their data and analytics anytime and anywhere.
This tool is widely used in various industries to optimize processes, improve performance, and identify new opportunities for business.
07.12.2023
UpTrader, a renowned Forex CRM solutions provider, is excited to invite aspiring forex brokers to its exclusive webinar, "Three Steps to Open a Forex Broker." Scheduled for December 8 at 12:00 pm GMT, this event promises to be an invaluable resource for those looking to enter the forex brokerage industry.
Webinar Details:
- Date and Time: December 8, 12:00 pm GMT
- Host: Vasily Alexeev, CEO of UpTrader and an esteemed expert in the Forex CRM industry
In this Comprehensive Webinar, Participants Will:
- Receive a detailed overview of the forex market, specifically tailored to startups.
- Explore cost-effective company registration jurisdictions for 2024.
- Discover the benefits of various trading platforms and how to choose the right one.
- Learn about optimal Forex CRM strategies for new brokerages.
- Understand how to integrate efficient payment systems into their business model.
Interactive Q/A Session: Following the insightful presentations, attendees will have the opportunity to engage in a Q/A session with Vasily Alexeev, gaining personalized advice and direct answers to their questions.
Why Attend? This webinar is a must-attend for anyone aspiring to establish a successful forex brokerage, especially within a budget. It offers a rare opportunity to gain comprehensive knowledge, insights into the latest industry trends, and practical strategies straight from an industry leader.
Register Now Spaces are limited, so early registration is encouraged to secure a spot in this informative and transformative session.
Join us on December 8 and take the first step towards realizing your dream of opening a forex brokerage. We look forward to welcoming you to this enlightening webinar!
Best regards, The UpTrader Team
28.11.2023
UpTrader offers forex brokers cutting-edge liquidity solutions, providing high-tech access to market liquidity, essential infrastructure, and a variety of connection options. These solutions are ideal even for working with the most complex HFT systems. Thanks to our experience and modern technologies, we provide customized liquidity solutions, fully adapted to the unique requirements of each client.
Our clients can enjoy the following benefits:
- Marginal requirements: 1%
- Trading hours: 24/5
- Access to 7 markets and over 700 trading instruments
- Competitive STP prices for Forex pairs, as well as other trading instruments and asset classes
We offer:
- A full A-book model for risk-free trading
- A single margin account
- Ultra-fast STP execution
- Multiple APIs and institutional GUIs
- 24/7 technical support
- Low spreads and commissions
- A wide range of trading instruments
- Various platforms for effective liquidity distribution
With UpTrader, you get not only access to liquidity but also complete support to strengthen your brokerage business.
Reach us for more information through the live chat or by email: [email protected]
Your UpTrader Team
15.11.2023
Đăng ký nhận tin tức
Bằng cách nhấp vào nút này, bạn đồng ý với việc chúng tôi xử lý dữ liệu cá nhân của bạn