Paragonex offers online trading brokerages an all in one trading brokerage solution by providing an intuitive and stable trading platform and back-office services. The company was founded in 2008 and set out to provide the best online brokerage solutions for maximizing the profits of both trading brokers and traders. Paragonex sets out to do this by putting emphasis on trader engagement. They have developed advanced algorithms for the automation of email marketing campaigns and various sales strategies. As well, they provide in depth trader analysis to better serve the brokerages clients.show more
The back-office solutions provided by Paragonex are dedicated to maximizing profits through the increase of trading volume. The company sets out to achieve this through the collection, control, and analyzation of data. They utilize an advanced customer relations management (CRM) protocol, a detailed risk management system, an integrated know your customer (KYC) portal, and a marketing optimization portal. All the software developed by Paragonex was developed with the goal of profit maximization and customer acquisition in mind.
Paragonex provides trading brokerages with various trading platform solutions including their very own web-trader 4.0, a mobile application, and MetaTrader 4 integration. See below the various aspects of their platform products and services.
Paragonex’s web-trader 4.0 platform is accessible through any web browser, meaning there is no download required to access the platform and traders can use multiple devices for trading. The platform comes complete with everything a trader would expect from a competent web-trader platform and has additional features to make it stand out from the rest.
The platform was designed with the retail trader in mind, so everything is easy to understand and access. Customers can easily start trading upon opening the platform as trades are executed in just a few clicks. The platform is available in multiple languages and has an advanced trading feed complete with all the tools and features one would expect.
A unique feature of the Paragonex platform is their Mass Insights algorithm which identifies trends, surges, growth, and more. This maximizes profits for the broker as it encourages a higher trading volume. Again, to maximize profits of both the broker and trader, the platform utilizes a self-conversion bonus system that encourages higher trading volumes.
The Paragonex mobile application utilizes all of the features that are available on the web-trader platform. Paragonex offers both an iOS app and an Android app which can be downloaded from the Apple App store and the Google Play Store respectively. The applications provide a simple and comprehensive trading solution for busy traders on the go.
The most popular trading platform in the world is the MT4 trading platform. In order to capture traders who prefer this platform, Paragonex has allowed for the integration of the MT4 trading platform. The platform is easily integrated with Paragonex back-end services so that brokerages benefit from acquiring MT4 clients and the various services offered by Paragonex.