PROP TRADING

How to Choose a trading platform for your prop Firm

In this article, we will outline the various features essential for entrepreneurs in prop firms and other related financial services, including trading academies and challenge accounts. Additionally, we will explore Leverate’s unique offerings for prop firms and the advantages provided by the flexible and potentially embeddable open API Sirix trading platform that Leverate offers. This includes growth-on-demand packages tailor-made for both young, dynamic entrepreneurs and well-established legacy prop trading firms.

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In this article, we will outline the various features essential for entrepreneurs in prop firms and other related financial services, including trading academies and challenge accounts.
Additionally, we will explore Leverate’s unique offerings for prop firms and the advantages provided by the flexible and potentially embeddable open API Sirix trading platform that Leverate offers. This includes growth-on-demand packages tailor-made for both young, dynamic entrepreneurs and well-established legacy prop trading firms.

State Your Business: Supporting a Wide Range of Prop Firms at Different Business Stages

There are several types of prop firm entrepreneurs. On one end of the spectrum are early-stage startups or collaborations between two market participants from the traffic and education space, built for fast growth and dynamic offerings. On the other end are well-established legacy companies that require robust solutions for their specific, well-defined, and static needs.

So, how can Leverate, with its unique Sirix and prop platform, provide a holistic solution for both new entrepreneurs and well-established companies?

SiRiX trading platform chart with configurable indicators such as Bollinger Bands on the XAUUSD gold price

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Trading Automation and Integration: Providing a Flexible Open API for Fast Execution Embedded into Your Website

Whether you operate a pure prop firm, an information site with social trading, or a local community of traders, you can seamlessly integrate the Sirix trading platform. This means clients can onboard, purchase your products, and trade through a challenge, either from your unique site or through a new site built by Leverate for your company.
The prop sites built by Leverate or the entrepreneur can be adjusted to any client type and traffic base. One site can cater to professionals aimed at long-term investors, while another can be tailored for short-term scalpers. In other cases of financial gamification, the site could adopt a simpler and more gamified look and feel.

Unique and Smart Indicators with a Professional Chart, Available for the Trader and Configured by the Trader

The Sirix platform offers a wide range of technical tools as selectable and configurable parameters. Traders can choose indicators such as Fibonacci ratios, moving averages, relative strength indexes, and much more, all configurable at the press of a button.

See above, embedded within the trading platform are tools requested by the prop firm, such as the Bollinger Bands, measuring the market’s standard deviation range based on the gold (XAUUSD) spot price.

Trainable AI That Meets Your Exact Needs!

Our trainable AI can replace your contact center personnel, either full-time or part-time, answering clients’ questions about trading hours, rules, and any other related inquiry in all languages around the clock.

Trainable AI support assistant answering prop trader questions about trading hours and rules

Tailor-Made Site on Demand or Embedded Platform on Your Legacy Site

Whether entrepreneurs want to embed the trading platform into their sites or use Leverate’s provided solution, Leverate can ensure you have the best onboarding funnel supported with smart KYC tools and client journey support through smart alerts and notifications.

Prop firm onboarding funnel with smart KYC tools, alerts and notifications

Unique Dashboard for Prop Trading 

While the Sirix platform provides the best trading experience with fast order execution and a dedicated CRM, the dashboard of the prop platform offers live and seamless feedback for the prop challenge journey, with live status updates and options to buy new challenges from a wide range of possibilities.

Prop trading dashboard showing live challenge status updates and options to buy new challenges

Real-Time Control for Optimal Results

Another important aspect is the smart back office that enables you to control your offerings and challenges to best fit your products to your client audience.

Summary

Today’s entrepreneurs need a fast launch with a pay-as-you-go structure for the early stages of their business.

Leverate’s unique platform, backed with powerful CRM tools, onboarding automation, event-based SMS and emails, and an open API platform with a dedicated prop dashboard, offers the flexibility to provide tailor-made solutions for your needs.

Whether as a holistic solution or as a partial solution, it can be integrated seamlessly and immediately with any of your own unique, legacy products or third-party vendors of your choosing. Sirix – Providing a Platform That Works for You! Book a demo today.

L

Written by

Leverate Marketing

Brokerage technology team

The Leverate team builds trading platform, CRM, client portal and liquidity technology for brokers and prop firms worldwide.

Frequently asked questions

What features should a prop firm look for in a trading platform?

Key features include an open API for embedding the platform into your website, fast order execution and a dedicated CRM. A strong onboarding funnel with smart KYC tools, a prop dashboard with live challenge status updates, and a smart back office for controlling offerings and challenges are also essential.

Can a trading platform be embedded into my existing prop firm website?

Yes. The SiRiX trading platform has a flexible open API that can be integrated into your own site, so clients can onboard, buy your products and trade through a challenge there. Alternatively, Leverate can build a new prop site for your company, tailored to your client type and traffic base.

Is the SiRiX platform suitable for new prop firm startups?

Yes. Leverate offers growth-on-demand packages for young, dynamic entrepreneurs as well as for established legacy prop trading firms. New businesses can launch quickly with a pay-as-you-go structure in their early stages.

Which technical indicators can prop traders use on SiRiX?

Traders can choose and configure indicators such as Fibonacci ratios, moving averages, relative strength indexes and more at the press of a button. Tools requested by the prop firm, such as Bollinger Bands, can also be embedded within the trading platform.

How can a prop firm handle customer support around the clock?

Leverate's trainable AI can replace contact center personnel either full-time or part-time. It answers clients' questions about trading hours, rules and other related inquiries in all languages, 24/7.

Scale your brokerage today!

CRM & Client Portal, Trading Platform, MT4 & MT5 - All built for you.

Scale Now