GCEX Brings A New Tool To Help Investors Manage Trades

GCEX, a company that provides digital asset and foreign exchange services, has introduced a new tool called XplorAllocate. The company said this tool helps investors and fund managers handle trade allocations automatically.

According to report, XplorAllocate lets users place trades and divide them among different client accounts. This applies to both traditional financial markets and digital assets. GCEX noted that the tool supports crypto spot trading, crypto derivatives, forex CFDs, and other financial products.

XplorAllocate Makes Trade Allocation Simple And Fast

Michael Aagaard, Managing Director at GCEX, said traders need simple tools that make their work easier. He noted that XplorAllocate provides a smooth and automatic solution that removes the need to manually handle each trade for every client.

GCEX stated that the system allows users to set their own rules for how trades are divided. This includes choosing distribution by percentage or share size. The company also mentioned that the tool follows all necessary trading rules and regulations.

GCEX said this new tool is part of its “Xplor” product family. The company launched its XplorDigital suite in October, which offers a data feed for forex, CFDs, and crypto trading.

GCEX operates under the monetary regulations in the United Kingdom, Denmark and Dubai, the firm explained that xplorAllocate was developed as part of its digital suite, which carries out services for institutional investors.

The firm has made several upgrades to its services, recently the firm added trading systems with fire blocks Enterprise to it platform. These achievements are set to upgrade its cryptocurrency trading service for giant investors.

GCEX Continues To Expand Its Trading Services

GCEX, earlier pioneered an open API resolution that helps big investors to access trading information without stress. The firm said this API aids client to view all thier trading positions, balances and trade history in real time.

Aagaard said it’s either traders are transacting with crypto derivatives or other local financial products, the trade allocation processes have been made easier by xplorAllocate, permiting all traders to have a vivid concentration on their strategies rather than bothering about dividing trades manually.

In November 2024, GCEX expanded its partnership with Hex Trust, an institutional custodian. The company revealed that they launched a new “Secured Accounts” service to protect assets for big investors in the EU and UK markets.

Overall, GCEX continues to bring new trading tools to help institutional investors. The company believes XplorAllocate will make trade allocation much easier and allow traders to focus on their goals.

GCEX is a popular digitalized brokerage firm that aids giant investors to trade digital assets and foreign currencies. It was established in 2018 by Lars Holst, who happened to be the Chief Executive Officer. Its main head office is situated in London and in the United Kingdom.