Forex Brokerage Provider Leverate Targets Dubai With Innovative Proprietary Trading Solution
- Economy
- July 15, 2024
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- 26
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Leverate, a company that provides technology solutions for brokers, is increasing its global reach by hiring new sales executives in Latin America and Dubai. This growth comes after a big rise in sales and market expansion, especially in Asia and Latin America.
Since the start of the year, the company has seen a 70% rise in sales, mainly because of its new product made for proprietary trading firms. This high demand has led Leverate to grow its team and open new offices in important markets.
Leverate Strengthens Its Position As A Leading Global Provider In The Brokerage Industry
According to Shmulik Kordova, Chief Commercial Officer of Leverate, these two markets are considered crucial for the firm. Leverate is dedicated to building and expanding its presence to serve local customers better.
Leverate entered the proprietary trading sector in early March by launching its white-label solution for firms looking to enter this fast-growing area. Based in Israel, the company developed a comprehensive tool featuring a trading platform, liquidity integration, risk management, back office, CRM, challenges dashboard, and client portal.
Kordova added that the rise in sales comes after introducing our new white-label solution for proprietary firms, which has experienced increasing demand. Leverate is strengthening its position as a significant provider in the proprietary trading sector, partly due to its competitive fixed pricing.
In April, Leverate updated its main trading platform, focusing on improvements tailored for proprietary trading. These updates gave proprietary trading firms access to live market information, advanced charting tools, and customizable analytics.
Leverate Aims To Offer Comprehensive Support To Forex Brokers Worldwide
YourPropFirm recently started using Leverate’s proprietary trading services. Furthermore, more traditional FX/CFD brokers are entering this area. For instance, ThinkMarkets recently launched its own proprietary trading brand called ThinkCapital.
Leverate moved towards new markets after giving up its longstanding license in Cyprus, which was issued by CySEC.
Leverate is a top company in brokerage technology and services, with lots of knowledge in managing brokerages. Since starting in 2008, Leverate has grown to be a big player in fintech, always staying ahead in brokerage technology.
Over the years, Leverate has grown into a global enterprise, establishing financial service and sales offices spanning from Cyprus to Hong Kong and increasing our staff from 4 to 150 employees.
By enhancing client support through customer support available 24 hours a day and a dedicated account manager, Leverate continues to be the preferred choice for Forex brokers worldwide.
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