XCritical integrates the Social Trading solution offered by Brokeree

XCritical has integrated the Social Trading solution offered by Brokeree. Brokeree Solutions is a forex technology provider based in Estonia that offers plugins to MetaQuotes trading platforms. The solution will be integrated into the customer relationship management (CRM) system.

XCritical integrates Brokeree’s Social Trading solution

The press release said that FX software firm XCritical would use the Brokeree Social Trading solution to provide its services. Additionally, using this solution on the XCritical CRM will give retail traders access to copy trading services directly available from their accounts.

Users can copy trading using the MetaTrader 4 and MetaTrader 5 in just a few steps. Additionally, they will be able to react quickly to market changes while also managing their trading process.

The press release also said that social trading allowed traders to trade together while following each other. Moreover, the popularity of these platforms has grown significantly in recent years, with more brokerage platforms launching copy trading solutions.

“Social trading is an investment system that enables traders to act as trading signal providers and followers; thus, they may copy trades from each other. For several years industry experts were highlighting the growing popularity of such services, and in 2022, we saw an increasing number of brokers introducing copy trading services,” the company said.

The Social Trading cross-server launched by the company was launched in June last year, and it comes with a risk-management system that was released after this update. The solution gets rid of the risk in operations and infrastructure. It also promotes a reliable protection mechanism that targets traders.

The Regional Head of Business Development (EMEA) at Brokeree, Victor Ivanov, commented on this development saying that Brokeree Solutions provided a reliable platform that brings stability and robust performance to software, especially when the trading volumes are large.

Ivanov also said that Brokeree Solutions came with cross-server Social Trading solutions that bring reliability and predictability to the previous versions of the investment platform. Moreover, it also comes with a new function that will unlock the freedom to the action of the other brokers.

Changes in the company’s executive team

Last year, Brokeree Solutions appointed Victor Ivanov as the new Regional Head of Business Development in the EMEA region. Before this appointment, Ivanov served as the Business Development Executive at the company.

The new role that Ivanov took up at the company focuses on the growth of the company’s operations in Africa, the European Union, and the Middle East. Ivanov’s functions under this new role include creating and maintaining new partnerships and expanding the local development team.

Ivanov also said he was glad to be active in the new stage of development that had been achieved with Brokeree Solutions. While commenting on his appointment, Ivanov said that he was looking forward to the new role at the company and the solutions and opportunities that existed.