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Takeprofit Tech Teams up with Broctagon to Facilitate Risk Management

Source: Fazzaco

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Takeprofit Tech, the fintech software developer, has partnered with Broctagon Fintech Group, a brokerage technology, liquidity and blockchain enterprise solutions provider, to present dynamic leverage scheduling for brokers.

​The newly introduced MetaTrader 4 plugin will allow brokers to facilitate traders with high leverage, with an option of leverage adjustment on the basis of equity or balance of the trader.

Takeprofit Tech highlighted the importance of risk management during highly volatile markets. The leverage scheduling function will enable brokers to provide high leverage at a lower risk. The feature will allow brokers to increase the security of the trading environment along with high-level protection in case of news-based volatility in the market.

Commenting on the recent partnership, Valentine Piotrovich, Head of Business Development of Takeprofit Tech, said: “We are happy to work with Broctagon to deliver brokers and traders another option for risk management. The product not only reduces the risks for brokers but protects traders against negative balances.”

“Brokers today need fresh ways to stay competitive in a way that not only provides their clients with the best trading environment but ensures that their business is risk-free as well. We’re glad to work with Takeprofit Tech in this direction and offer cutting-edge technology to our clients,” added Ted Quek, Chief Technology Officer of Broctagon Fintech Group.

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