Brokeree is a fintech company that offers innovative technology solutions for forex brokers. The company specializes in developing high-quality bridge and automation tools. Brokeree is committed to staying at the forefront of the forex industry and constantly innovating to meet the evolving needs of its clients.
Brokeree’s automation products enable brokers to improve their trading conditions and enhance their clients’ trading experience. Let’s examine which particular tools Brokeree offers and compare it with similar tools from us at Takeprofit.
Simple Tools from Brokeree and Takeprofit
Brokeree | Takeprofit |
Alerts monitoring |
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| System Alerts application monitors Metatrader servers and notifies administrators if the server, gateway or feed get disconnected. Additionally, brokers can receive an alert if any of the symbols stop receiving quotes or receive a wrong one. Pricing: €300/month or €3,000 for unlimited license. The unlimited license includes support for the first 3 months only. It is possible to extend the support for the unlimited license for €600/year. | Here at Takeprofit we have an Emergency Call Center that monitors the status of a server and incoming prices for instruments at MT5 Server. If there is no connection to the server, or new information on symbols is not received, the program sends a voice announcement to the phone number specified in the settings. Pricing: $349/month. Support is included. Plus, if you need an even simpler tool – a Quote Monitoring tool that sends email notifications to the specified email addresses if any issues are detected. Pricing: $299/month. Support is included. |
Futures Rollover |
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| Futures Rollover allows traders to hold positions on the expiry date. This tool switches their positions to new future symbols, calculates the difference in prices between the two mapped symbols, and processes it as a balance operation. All processed rollovers can be accessed historically via the GUI. Pricing: per request | MT5 Futures Rollover Balance Corrector is practically the same. Pricing: $299/month. Support is included. |
Symbol Editing |
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| Symbol Editor provides brokers with a convenient way to update symbol settings in one place. Plus, you can download symbol configurations as a .csv file to modify settings in a spreadsheet editor. Pricing: per request | Takeprofit offers the same tool. Pricing: per request |
Working with agent commissions |
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| Extended Agent Commissions allows forex brokers to set up multiple agent chains via a Rule Confgurator GUI. Distribute bonuses for trades that have a longer open time, as well as for specific securities/symbols to entice customers to trade certain instruments. Brokers can also grow trading server performance by minimizing bonus distribution chains for trades with short duration, for example, scalping.They can also configure agent commissions based on the percentage of spread, money per lot or money per trade. Pricing: €300/month or €3,000 for unlimited license. The unlimited license includes support for the first 3 months only. It is possible to extend the support for the unlimited license for €600/year. | There are several tools to work with multiple agent chains at Takeprofit. For example, Flex Rebate supports up to 9 agent commission levels per rule, so that each agent can have their own commission payout value. Pricing: $299/month. Support is included. And the Plethora Commission has an unlimited number of levels for the IB rebate program. Meanwhile, 3, 5, or 10 levels are configured in a simple and obvious way. Pricing: $299/month. Support is included. |
User update |
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| User Update Tool assists forex brokers in updating clients’ settings on Metatrader 4 servers. Using this tool, you can filter specific accounts by Metatrader ID or group to download the details of specific users. You can also save user configurations as a .csv file to modify settings in a spreadsheet editor and update multiple accounts automatically by uploading a file with changes. Pricing: €200/month or €1,500 for unlimited license. The unlimited license includes support for the first 3 months only. It is possible to extend the support for the unlimited license for €300/year. | Takeprofit offers the same tool. Pricing: per request |
Prevent toxic activities |
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| Restricted Managers allows brokers to limit MT4 managers’ trading activity. The plugin automatically rejects new order requests or order modifications that are performed via MT4 Manager Terminal or MT4 Manager API. Modification of orders’ open price is disabled to prevent post-factum changes. Pricing: €300/month or €3,000 for unlimited license. The unlimited license includes support for the first 3 months only. It is possible to extend the support for the unlimited license for €600/year. | To prevent toxic activities, there is the Anti-Fake Account plugin that stops the abuse of a broker’s platform by registering multiple accounts under fake identities. Pricing: $299/month. Support is included. There is also Risk Profiling, which analyzes current open positions on trader accounts to calculate a broker’s exposure, shows alerts on abnormal trades and separates accounts into those of regular and toxic traders. Pricing: $349/month. Support is included. |
Brokeree or Takeprofit
Brokeree and Takeprofit are both trading technology companies that provide high-quality solutions to brokers for different purposes. Ultimately, the choice between Brokeree and Takeprofit will depend on your individual needs and goals as a broker or liquidity provider. It’s important to carefully evaluate the features and benefits of each company’s offerings before making a decision.
We understand that every broker has different goals and preferences, so it’s always worth exploring the options to find the best fit for your trading needs.
Generally speaking, it’s better to choose not between the providers, but between the specific solutions, because even those with the same names, like “MT5 Bridge” may offer a different range of features.
How to Сhoose the Solution
Here is a short-list of how to check which solution among many fits you the best:
- State the problem you want the solution to address. Sometimes solution providers have several products that solve similar tasks in different ways. They can offer you a better fit if they know your initial problem.
- Create a list of the features you want to have in the solution. Find out how each feature works.
- Ask for a demonstration of the solution and observe the work of the features.
- Get a free trial. Solution providers usually offer one or two weeks free for you to try the product. Here at Takeprofit we offer two weeks.
- Learn about the support system. If the solution is essential to your company’s business processes, like bridging, fast support is crucial. Most providers offer it within working hours. Here at Takeprofit we have a 24/7 emergency hotline.
- Consider if a solution can scale along with your business as it grows. This will help ensure that you can continue to provide high-quality services to your clients without any limitations.
Brokeree and Takeprofit: Final Words
So, while Brokeree’s tools are undoubtedly popular, we are inviting you to try our offerings. Test them and see how they can enhance your experience and help you achieve your goals.
