Tools for Brokers Supports Spot and Futures Trading Powered by Binance

Tools for Brokers (TFB), an award-winning technology provider of MT4/MT5 solutions for retail brokers, announced that it has expanded crypto offering by adding support for spot and futures trading powered by Binance via Trade Processor.

Trade Processor, a product from TFB, supports an external FIX API that allows the integration with any third-party platform. It also provides trading via multiple liquidity providers, managing risks, and collecting data in a single console.

According to the announcement, brokers now can provide Spot trading to exchange one cryptocurrency for another and Futures that enable margin trading with leverage. This means more new clients and higher volumes for brokers.

“The new feature is perfect for brokers looking at offering crypto to their clients and expanding their tradable instruments list. It helps strengthen brokerages' position in the market, diversify the portfolio, and reduce business risks,”the company said.

Earlier this month, TFB has reported its interim report for H1 2021​, showing a strong growth of its business. According to the report, the company’s team grew from 83 people on January 1, 2021, to 105 team members at the end of Q2.