Panda TS, a global leader in FX technology, today announced the launch of Panda Sync Server, a product which enables FX brokers to integrate and synchronize MetaTrader 4 with their existing proprietary systems. This eliminates the need to operate two trading environments, reducing cost and complexity.
Today's retail FX world is becoming increasingly competitive, and brokers are adding more services to attract new customers. One such service is the popular MetaTrader 4 (MT4). Brokers are adding MT4, or other third-party platforms, alongside their proprietary trading platform—but then find that they are forced to operate two or more separate trading environments. This adds overhead, cost and complexity, and scatters valuable customer data across multiple separate information systems.
Panda Sync Server solves the problem by offering multi-way synchronization between MT4, other third-party trading platforms, and a broker's proprietary trading system. Panda Sync Server does not add one more central system—it simply pushes MT4 data to the existing proprietary systems. Brokers can integrate MT4, or other third-party platforms, and deliver immediate value to traders, without affecting their business.
Panda Sync Server is most suitable for top-tier FX brokers, which already offer MT4 as an additional trading platform, or are considering adding it. Because these brokers manage a large volume of customers and transactions, maintaining two separate trading platforms becomes a major challenge. With Panda Sync Server, large brokers can add MT4 to their service offering without sacrificing scalability and agility.
"We have recently implemented Sync Server at a top-ten FX broker, and I was very pleased with the results," said Sam Gutman, CEO of Panda TS. "Our dedicated integration team was able to complete the project in only a month, and our client was immediately able to offer MT4 services to traders and second-tier brokers. In parallel, the client substantially reduced operating costs and complexity, by managing only one trading environment, instead of two."
Panda Sync Server includes:
• Data Feed Adaptor for MT4
• Trading Hub with 2-Way Synchronization Engine
• Administration Hub with 2-Way Synchronization Engine
• Direct Access to MT4 Modules
• Support foor Unlimited Trading Interfaces