GCEX, a digital brokerage specialising in FX and digital assets, has released XplorTrader, its margin trading platform, which is aimed at institutional and professional traders including hedge funds and asset managers. 

According to a press release, XplorTrader provides enhanced charting functionalities, streamlined deposit and withdrawal processes and improved monitoring and management of trading instruments and positions. The platform forms part of GCEX’s XplorDigital trading solutions, which includes back office, risk management, credit utilisation, analytics, reporting, account management and a liquidity price engine.

In a statement, Lars Holst, Founder and CEO of GCEX, said: “The release of our proprietary margin trading platform has been driven by market demand for advanced yet customisable trading solutions.”

Michael Aagaard, a Managing Director at GCEX who led product development, added: “The introduction of an enhanced and flexible margin-trading platform to our technology offering underscores GCEX’s commitment to continuous investment in technology. Our goal is to maintain our leadership in the market and enrich the trading experience of institutional and professional clients, aligning our technology with their business goals.”

GCEX was founded in 2018 and has offices in London, Copenhagen, Glasgow, Zug, Kuala Lumpur and Dubai. The company is regulated by the UK’s FCA, the Danish FSA and has been granted a Virtual Asset Service Provider License by the Dubai Virtual Assets Regulatory Authority.

True Global Ventures, a global venture capital firm specialising in technology, are investors in GCEX.