Match-Trader, the trading platform developed by Match-Trade Technologies, has witnessed a 290 per cent increase in server clients since January 2024, the company revealed yesterday (Tuesday). However, it did not mention any absolute figure for clients using its server.
Props Might Be the Big Booster
Trading technology is moving decisively toward integrated, adaptable solutions that prioritise the user experience, and our development roadmap doubles down on this philosophy, the company noted.
What were witnessing with Match-Trader goes far beyond temporary migration patternsits a fundamental realignment toward platforms that deliver business value rather than ticking technical checkboxes.
Match-Trader is a relatively new trading platform offering third-party integrations. Although it was publicly launched in late 2019, the company said it had been available to institutional clients since 2015, well before the wider launch.
The technology developer was also quick to predict the market trend and started licensing it to prop trading platforms. Over the years, several big and small prop brands have added Match-Trader to their platform offerings.
MetaQuotes Crackdown Boosted Alternative Adoption
The adoption of Match-Trader by prop firms was boosted when MetaQuotes, the developer of the two popular trading platforms MetaTrader 4 and 5, cracked down on them in early 2024. The MetaQuotes crackdown targeted the prop firms using its platform to serve US residents.
Following the crackdown, demand for MetaTrader alternatives skyrocketed across the prop industry. Last August, Devexperts, the developer of trading platform DXtrade, revealed that it had added over 40 prop firms in only a year.
Read more: Prop Trading Craze - Devexperts Signed and Launched a Dozen Firms in 5 Days
FinanceMagnates.com reported earlier this year that the number of active accounts on its DXtrade SaaS platform reached approximately 1 million in 2024, three times the previous year's total. However, that figure did not include the final numbers for December.
While Match-Trades announcement also emphasised the popularity of its platform among prop firms, it did not specify any number.
Meanwhile, the MetaTrader platforms still dominate the overall retail trading space despite rising licensing fees at the beginning of this year. Finance Magnates Intelligence also estimates that trading volume on MetaTrader 5 has surpassed activity on the legacy MetaTrader 4 in the first quarter of this year.
Match-Trader, the trading platform developed by Match-Trade Technologies, has witnessed a 290 per cent increase in server clients since January 2024, the company revealed yesterday (Tuesday). However, it did not mention any absolute figure for clients using its server.
Props Might Be the Big Booster
Trading technology is moving decisively toward integrated, adaptable solutions that prioritise the user experience, and our development roadmap doubles down on this philosophy, the company noted.
What were witnessing with Match-Trader goes far beyond temporary migration patternsits a fundamental realignment toward platforms that deliver business value rather than ticking technical checkboxes.
Match-Trader is a relatively new trading platform offering third-party integrations. Although it was publicly launched in late 2019, the company said it had been available to institutional clients since 2015, well before the wider launch.
The technology developer was also quick to predict the market trend and started licensing it to prop trading platforms. Over the years, several big and small prop brands have added Match-Trader to their platform offerings.
MetaQuotes Crackdown Boosted Alternative Adoption
The adoption of Match-Trader by prop firms was boosted when MetaQuotes, the developer of the two popular trading platforms MetaTrader 4 and 5, cracked down on them in early 2024. The MetaQuotes crackdown targeted the prop firms using its platform to serve US residents.
Following the crackdown, demand for MetaTrader alternatives skyrocketed across the prop industry. Last August, Devexperts, the developer of trading platform DXtrade, revealed that it had added over 40 prop firms in only a year.
Read more: Prop Trading Craze - Devexperts Signed and Launched a Dozen Firms in 5 Days
FinanceMagnates.com reported earlier this year that the number of active accounts on its DXtrade SaaS platform reached approximately 1 million in 2024, three times the previous year's total. However, that figure did not include the final numbers for December.
While Match-Trades announcement also emphasised the popularity of its platform among prop firms, it did not specify any number.
Meanwhile, the MetaTrader platforms still dominate the overall retail trading space despite rising licensing fees at the beginning of this year. Finance Magnates Intelligence also estimates that trading volume on MetaTrader 5 has surpassed activity on the legacy MetaTrader 4 in the first quarter of this year.
