Muinmos and Brokeree Solutions Collaborate to Enhance Prop Trading

RegTech firm Muinmos and tech provider Brokeree Solutions have joined forces in a new partnership aimed at improving prop trading offerings for regulated brokers. This collaboration seeks to address growing concerns in the financial industry about the legitimacy of prop trading while ensuring compliance and risk management. By leveraging Muinmos' client onboarding platform and Brokeree's Prop Pulse technology, the partnership will enable FX brokers to provide a reliable and compliant prop trading service, balancing risk mitigation with business growth opportunities.

Remonda Kirketerp-Møller, Founder & CEO of Muinmos, pointed out the negative perception that surrounds prop trading, stating, "The conversation around prop trading is highly negative these days, but for regulated brokers who have the right controls and risk management in place, prop trading presents an excellent opportunity for an additional revenue stream."

Brokeree's Prop Pulse technology plays a pivotal role in this partnership by offering a comprehensive account management system designed specifically for prop trading firms. Andrey Kasyanov, Co-Founder and Managing Partner at Brokeree Solutions, highlighted the hesitation many brokers feel regarding prop trading, fearing it may damage their reputation. "With Muinmos' compliance expertise and Brokeree's account management system for prop trading firms, regulated brokers can be reassured that they will have a robust offering to enable them to thrive now and as regulation is inevitably introduced," Kasyanov added.