Abstract：The new solution also eases KYC checks and deposit process. It was developed to meet brokers' demand for an easier onboarding process for traders.
Forex technology provider Spotware Systems on Monday announced the release of Broker OAuth, a new solution it says will revolutionize the mobile trading experience of users.
Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.
The solution makes it possible for traders to “authenticate using their brokers Client Area credentials and perform all actions such as know-your-customer checks and deposits without leaving the trading platform.”
Traders can now use one set of credentials for their trading activities, Tarek Abdullah, Business Development Manager at Spotware Systems, pointed out in a statement.
Aris Christoforou, Head of Marketing at SpotwareSystems, told Finance Magnates that Broker OAuth was developed in response to brokers' demand for an easier onboarding process for traders.
He explained, The onboarding process is one of the most difficult parts of the traders journey and one of the main pains of every broker.
Traders have to visit a brokers website, create a set of credentials, select a trading platform, create another set of credentials and constantly switch back and forth between the platform and the client area for simple operations like deposits and withdrawals.
Prevention is better than cure, this is why it is important to download the WikiFX app. WikiFX is a forex broker inquiry app, which allows traders to verify and review brokers before they use them. WikiFX is preventing scams in the forex market, just like this one.
Black Friday (November 25, 2022) is almost here, so sellers are getting ready for customers looking for real bargains. Some forex brokers also take Black Friday as a good opportunity for marketing.
Hodlnaut, a local cryptocurrency loan, and borrowing platform, and its directors are being investigated by Singapore authorities for suspected cheating and fraud.
The World Bank has cautioned that if immediate action is not done to assure better and long-lasting results, Nigeria's fragility may increase.