New Features for Managing Payment Systems

Some companies overlook tools such as analytics directly in the CRM, where a trader can view current data without changing the interface and immediately make a trading decision. This oversight is unfortunate, as such an ostensibly obvious tool can significantly improve trading volumes and more. The CEO of one such brokerage permitted us to review their data. We categorized their clients into two groups: those who engaged with the analytics and those who did not. The outcome was quite revealing.
 

Statistical Insights

Clients who engaged with the analytics made deposits that were, on average, 15% higher per customer than those who did not utilize this resource. Furthermore, the average transaction size for this group was 25% larger. Significantly, their trading volume saw an increase of 230%.

Interested in achieving similar outcomes? It's simpler than you might think.

Providing daily, up-to-date market analysis in the trader's room can substantially boost your company's trading volumes, thereby enhancing potential profitability. This feature is already incorporated into the UpTrader Forex CRM, though it remains underutilized by many of our clients.

Market specialists diligently gather data daily, crafting and disseminating both technical and fundamental analyses that benefit traders globally.

This resource is readily available within the UpTrader Forex CRM. To initiate the feed broadcast, we invite you to contact our support team. By doing so, you will unlock a powerful tool designed to augment both sales and client loyalty starting from tomorrow.

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

UpTrader, a leader in software development for forex brokers, has launched new filters in the UpTrader Forex CRM administrative module. This update significantly expands brokers' capabilities for service personalization and client base management.

Key innovations include the ability to set filters based on parameters such as the trader's country, language, partners code. Particularly important is the new functionality for affiliate programs. Thus, brokers launching affiliate programs with individual conditions for different partners can create unique terms for their clients. For example, a broker may offer increased payouts to one of the partners and configure automatic account opening with wider spreads for their traders.

Other good example of uzing new filter is individual conditions based on countries. For instance, filters allow for the automatic offering of swap-free accounts to Muslim traders, taking into account their religious beliefs and cultural features. Islamic law prohibits riba (interest or excess payments). In a financial context, this means Muslims are forbidden from receiving or paying interest. For this reason, brokers offer special swap-free accounts for Muslim traders, which do not accrue swaps (overnight commissions or interest for carrying a position to the next trading day), making trading compatible with Islamic financial principles.

With the introduced filters in the administrative panel, it is possible to automatically identify traders from Muslim countries and offer them swap-free accounts. This not only simplifies the account management process for different user groups but also helps in ensuring that services meet the requirements and beliefs of clients from various cultural and religious groups.

This update from UpTrader underscores the company's commitment to providing innovative and effective solutions for forex brokers, helping them stay at the forefront in the rapidly changing world of financial technologies.

Your UpTrader Team