Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, October 12 2020 - 19:00
AsiaNet
ParagonEX Announces New Trading Platform
ONCHAN, Isle of Man, Oct. 12, 2020 /PRNewswire-AsiaNet/ --

- New platform offers Easy Leverage Selector & P/L Simulator

Platform developer ParagonEX is pleased to announce the introduction of its new 
ParagonEX financial trading platform, which will be employed by the company's 
financial services provider clients across the globe. The platform offers a 
host of new and unique features, plus an updated user interface that is at once 
more intuitive and offers significantly more trading options than its 
predecessor. 

"CFD trading is developing at breakneck speed," says ParagonEX CEO, Simon 
Duggan. "More instruments, asset classes and even instrument types are finding 
their way into the retail trader's palette and we've developed a platform that 
doesn't limit our clients' choice."

Innovation First

ParagonEX's new platform offers well over 100 technical indicators and charting 
instruments, client-controlled leverage per position and a proprietary 
Profit/Loss simulator that evaluates target levels based on spread. And yet, 
despite its technological scope, the ParagonEX platform remains easy to use 
with a surprisingly intuitive interface that makes trading quick and simple. 

"We're already receiving positive reports from our clients," Duggan says. "The 
speed at which functions are accessed, especially on the mobile app version, is 
surpassing expectations." 

Product Availability and Accessibility 

The new ParagonEX platform requires no downloads and includes a mobile app 
which is accessible at both the Google Play Store and the Apple AppStore – all 
for free. The new version is already operative on some of its clients' 
websites, and Duggan adds, "We're expecting the platform to be available on 
more and more broker sites as the year continues." 

On the desktop version, one needn't ever leave the main page to research an 
asset, set alerts, and open and close positions, including order 
specifications. Even one's account is accessible at a single click. The mobile 
version is just as versatile and just as quick.

The Crowdtrading element that was so prominent in the previous version is now 
even better, including trade opening options, more alerts, and a cleaner, 
simpler presentation that will continue to serve as a showcase for ParagonEX's 
outstanding fintech capabilities.

Boilerplate

ParagonEX is a technology company established in 2008 to provide primarily 
financial service providers with a simple off-the-shelf trading platform and 
CMS back office environment. The company currently offers three main products – 
ParagonEX Prime – a custom–tailored solution, including software, services and 
traffic provision, ParagonEX Dynamic – a solution for small and medium-sized 
brokers that offers state-of-the-art tools and features, including easy API 
integration into an operator's existing system, and ParagonEX Network – a 
one-stop shop for all incoming & outgoing traffic needs, including lead 
acquisition and conversion tools.

Logo - https://mma.prnewswire.com/media/1306884/paragonex_Logo.jpg 
Logo - https://mma.prnewswire.com/media/1221455/Trade360_Logo.jpg

Source: ParagonEx