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Cryptocurrency News Articles

B2Broker Upgrades Its BBP Platform to Version 1.1 and Launches a BBP iOS Application

Jun 27, 2024 at 12:09 am

B2Broker, a renowned player in liquidity and technological solutions for crypto and Forex markets, has recently upgraded its flagship product

B2Broker Upgrades Its BBP Platform to Version 1.1 and Launches a BBP iOS Application

Renowned liquidity and technology provider for crypto and Forex markets B2Broker has recently upgraded its flagship product, the B2Trader Brokerage Platform (BBP), to version 1.1. The modified platform now offers an advanced BBP Prime, enhanced report generation capabilities, and the ability to personalise layout templates.

In an added move, B2Broker now integrates the B2Trader iOS mobile application in its comprehensive turnkey solution. This application perfectly integrates the B2Core iOS app, offering a native trading interface specifically designed for iPhone users.

What Does BBP 1.1 Offer?

The latest B2Trader release boasts a host of innovative features intended to deliver significant benefits to clients and elevate the end-user trading experience.

BBP Prime: A Comprehensive Prime Brokerage Platform

The recent update introduces BBP Prime, a new feature that empowers BBP to function as a prime brokerage platform for other B2Trader brokerage platforms. BBP Prime will manage and oversee balances on associated accounts on LPs on behalf of linked platforms, which can maintain and top up their balances on BBP Prime.

A custom FIX gateway exchanges data between BBP Prime and brokers, allowing brokers to manage their accounts, process orders, and manage trades.

Template Creation with a Dedicated Constructor

Version 1.1 of BBP grants admins features to create a custom workspace for users. Now, brokers have the flexibility to personalise workspace layout templates, including the default preset that auto-launches when traders access the Trading terminal for the first time. Admins can even import pre-saved layouts, export tailored template settings, and store up to 10 unique setups.

The constructor is conveniently located in the Settings segment on the left menu.

Enhanced Reporting for Precise Control

The new version has further developed the reporting system, providing brokers with a holistic perspective of platform activities. A new report type has been added that offers admins the ability to gather a list of active accounts over a chosen period. This type of report is an instrumental tool for admins, supporting the assessment of exchange or brokerage growth.

The updated B2Trader platform houses all reports in an easily accessible Report button to expedite report generation.

Streamlined Management of Multiple Accounts for Traders

The B2Trader 1.1 upgrade allows traders to choose accounts directly from the Trading terminal on the top bar. When a trader switches profiles, all widgets automatically update to display relevant information for the selected account. This feature is notably beneficial for those managing multiple accounts, offering a streamlined method to monitor their performance.

Revamped Workspace Interaction with Tabs

The most recent terminal update introduces tabs with customisable workspaces. This functionality allows traders to open up to 10 tabs and manage multiple trading environments concurrently. End-users can choose between preconfigured layouts provided by brokers or create their own ones.

BBP iOS Application: A New Addition to the BBP Package

According to the Stock Trading and Investing Applications Market report, mobile trading continues to dominate the industry, accounting for 58% of global trading revenue in 2022. This market is projected to grow significantly, from $39.8 billion in 2023 to $150 billion by 2032.

With 6.8 billion smartphone users globally, mobile devices have undeniably cemented their place in the trading sphere. Given this fact, brokers should equip themselves with a dedicated mobile rendition of their trading platform to sustain themselves in the competitive industry.

Aligning itself with this evolving trend, B2Broker expands its BBP package, unveiling the BBP iOS app, version 1.0. It offers all the functionalities of desktop trading. Together, the robust web trading platform and dedicated mobile trading application provide an all-encompassing trading package for brokers to present to their clients.

Here are some standout features of the app:

B2Core Infused Authentication

The BBP iOS app has been seamlessly integrated with the mobile version of the B2Core CRM, furnishing single sign-on capabilities. Once a user has logged into the B2Core mobile application, they can effortlessly access the BBP iOS app without requiring them to log in again.

Management of Accounts and Easy-to-Access Balance Data

The B2Trader platform stands out with its multi-account functionality, and the BBP iOS app retains this feature. Traders can seamlessly switch between accounts and start trading immediately. The app displays a detailed view of available and on-hold funds in each account on the Account Details screen, providing a current balance snapshot for traders.

Wide Range of Orders and a User-Friendly Market Screen

The app offers an intuitive Market screen that is easily accessed via the Markets button on the Account Details screen. This section features customisable real-time charts, the ability to switch between candle and line charts, and access to historical price data. It also presents three tabs for instant access to trading and account information: the Order Book, Open Orders, and Balances.

As in the web version,

News source:coincodex.com

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