Ekaterina Nutriakova
See more
A crypto liquidity aggregator is a software for forex brokers that collects and combines liquidity from multiple cryptocurrency exchanges and crypto liquidity providers into a single unified order book. Its goal is to provide traders, forex brokers, and platforms with better prices, deeper liquidity, and faster execution.
By aggregating liquidity from multiple sources, the system allows trades to be executed at the best available prices across the market rather than relying on a single exchange.
What a Crypto Liquidity Aggregator Does
A crypto liquidity aggregator continuously:
- Connects to multiple liquidity sources (exchanges, OTC desks, market makers)
- Streams bid/ask prices and available volumes
- Normalizes different APIs and data formats
- Builds a consolidated order book
- Routes orders to the optimal liquidity source
- Returns execution results to the trading platform
Why Crypto Liquidity Aggregator Are Used
Crypto liquidity aggregators help forex brokers:
- Access deeper market liquidity
- Reduce slippage on large orders
- Improve execution quality
- Minimize dependency on a single exchange
- Handle high trading volumes efficiently
Two Common Types of a Cryptocurrency Liquidity Aggregator
In the MetaTrader ecosystem, cryptocurrency liquidity aggregators are typically deployed in two main forms: an MT5 Gateway for the MetaTrader 5 platform and an MT4 plugin for the MetaTrader 4 platform.
MT5 crypto liquidity aggregator: MT5 gateway
An MT5 crypto liquidity aggregator is implemented as a MetaTrader 5 Gateway, operating at the server level and acting as a native external connection for the MT5 platform.
Because the gateway is integrated into the MT5 server architecture, it provides high performance, stability, and scalability.
MT4 crypto liquidity aggregator: MT4 Plugin
An MT4 crypto liquidity aggregator is deployed as a server-side MT4 plugin. Since MT4 does not support gateways in the same way as MT5, liquidity aggregation is handled through plugins and external bridges.
This approach allows brokers to extend MT4 with crypto liquidity while maintaining compatibility with legacy infrastructures.
Why a Crypto Liquidity Aggregator Is Essentially a Liquidity Aggregator
Liquidity aggregators — regardless of whether they are labeled “crypto” or not — are fundamentally designed to work with crypto exchanges. This is because exchanges have become the primary and most accessible sources of tradable liquidity, offering standardized APIs that are well suited for integration.
As a result, a crypto liquidity aggregator is not a separate or unique system, but simply a liquidity aggregator configured to connect to multiple liquidity sources including crypto brokers and crypto exchanges.
The aggregation logic, order routing, and execution mechanisms remain the same; only the liquidity sources change. This is why, in practice, most liquidity aggregators naturally evolve into crypto-focused solutions as soon as exchange connectivity is enabled.
Liquidity Aggregator from Takeprofit Tech
Takeprofit Bridge is a liquidity aggregation, order and risk management solution.
- Natively supports five major crypto exchanges, including Binance, OKX, Bitfinex, Kraken, and Alpaca.
- Works with over 25 leading liquidity providers, such as Finalto, LMAX, GBE Prime, Broctagon Prime, Infinox, and others.
- Compatible with MT4, MT5, cTrader, and TradeLocker.
- Integration with additional trading platforms and exchanges is available upon request.
The bridge allows trade management across A-Book, B-Book, and hybrid execution models.
Get a Consultation and a Free Trial of Takeprofit Bridge
Please fill in the form, and we will get back to you with answers to your questions.