Here Are The 8 Big Things To Look For In A Trading Platform
Selecting a software trading platform that suits your business may not be as simple as it sounds. Before investing your money into such a tool or service, different factors need to be considered for the final decision.
“The trading platform needs to encompass a set of various key features and tools that form a synergistic bond for investors to make the best out of it.”, says Amnon Goldrat, CEO at ParagonEX Dynamic.
What business owners should look for when choosing a trading platform?
Here are 8 vital features that every reputable trading platform offers to get your business off the ground:
1. Complete solution
A complete solution requires a unique product and service, as well as proven experience of the company you are acquiring the platform from in the industry.
This means that the Fintech provider should commit to meet all customer requirements regarding the trading platform. A complete solution also implies that the entire platform could be customized according to the client’s specific needs.
2. State-of-the-art technology
The cutting-edge technology must be one of the most important factors when choosing a trading platform for your business. A state-of-the-art system allows increased operational efficiency.
The Financial software is necessarily subject to upgrades, innovations and continual modification to maintain excellent performance, high levels of control, customer engagement and risk management.
3. Retention and trading tools
The best platform providers offer a full set of tools and features included in their software. Companies, such as ParagonEX Dynamics, have developed numerous retention tools that help the customers to engage and retain traders.
In addition, the tools can not only boost engagement but strengthen customer loyalty dynamically and effectively. Such tools and features that a trading platform provides are designed to assist and can prove to help increase profitability.
4. Reliability
The reliability of a trading platform should be one of the main concerns for the client. The business owners need to make sure that the trading platform has no downtime, no delay, and has real-time market data.
The application needs to provide stability, which can be guaranteed by a constant system upgrade and day-to-day maintenance from top-notch IT professionals.
5. User-friendly interface
Easy-to-use is yet another criteria and an absolute must in the reputable trading platforms nowadays. Not only should the UX/UI design be stunning for the business owners and end customers to enjoy but it must be responsive so they could have access to the platform everywhere, anytime, and on various devices and enjoy trading on the go.
In this regard, ParagonEX has a huge advantage over other companies since their platforms are easily recognizable and praised by the customers.
6. Easy-to-integrate trading platform
The leading companies offer easy-to-integrate platforms with system-testing functionalities that help users to fine-tune their different trading strategies.
These platform providers guarantee their clients a fast and smooth set-up process, custom design, and template site. Investors can have their own brokerage ready to go within days.
7. All-in-One CRM
All-in-One CRM is a user-friendly enterprise environment with comprehensive reports, analysis tools, and other built-in enhancements.
Via the CRM software, customers can retain full control over their core trading business.
8. Top-quality customer care
A professional and trustworthy trading platform should provide not only “the best” tools, interface or overall technology, but a reliable customer support feature.
For instance, ParagonEX Dynamic offers 24/7 technical support for its customers, as well as very responsive personal account managers who help the brands to execute their daily platform adjustments.
“Before investing in “the best” trading platform, define your needs, do the necessary research, and then decide which one is best for you.”, also advises Amnon Goldrat (CEO, ParagonEX Dynamic).
Which is the Best Trading Software?
Even though there isn’t a straightforward answer and it all depends on the specific business needs, ParagonEX Dynamic’s team have put in countless hours in developing top quality trading platform suitable for different investors’ levels. The applications include many features in addition to all the above-mentioned ones. The company provides a variety of Fintech solutions suitable for business owners or new white labels.