KJ Glovice FX Selects Takeprofit Tech to Cement Trading Risk - Resistance Capacity

Fazzaco learned that KJ Glovice FX, a forex and commodity broker, has built a partnership with  Takeprofit Tech to enhance its trading risk - resistance capability. Takeprofit Tech delivers forex brokers and liquidity providers with software.

KJ Glovice FX has deployed a product suite developed by Takeprofit Tech, which includes Event Logger, Quote Monitoring, Quote Watcher and Swap Manager. Takeprofit Tech had executed the solutions on the broker's MT4 trading platform, as per a report.

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"We can freely combine the list of plugins," KJ Glovice FX explained. "Takeprofit offers us good risk management solutions for monitoring the market. Having the partnership is helping us to manage our plugin and increase our MT4 client service."

Diana Peip, the Head of Sales of Takeprofit Tech, stated: "Since forex trading entails taking considerable financial risks, securing one's own business makes the broker more reliable and reputable."

Over the last two months, the forex market software provider has collaborated with various financial companies. At the end of May, it welcomed Gate.io, MFP Trading, Velocity Trade and GCEX to its liquidity hub​. In April, it has expanded its partnership with Binance, the world's leading blockchain and cryptocurrency infrastructure provider.