Question: What is PrimeXM? How is the company related to online FX brokers?
PrimeXM is a technology provider to the finance industry. Essentially, PrimeXM provides the technology that allows brokers to aggregate liquidity and connect to liquidity providers.
PrimeXM’s execution engine, the XCore is a multi-dimensional tool that allows brokers to manage risk, monitor and create reports. It’s also connected to over 120 liquidity providers which allows brokers a free choice in creating liquidity pools.
The company also offers MT4/MT5 bridging technology and white label solutions as well as an institutional grade hosting environment.
Online FX Brokers
There are hundreds of online FX brokers in the world, and they cannot provide service and market liquidity to investors unless the broker itself has the technology to do so.
Almost all online FX brokers have their “Liquidity Providers” and “Technology Providers”.
The Liquidity or Technology providers may be some Mega-banks or financial companies like PrimeXM.
If you have seen a logo of PrimeXM on a broker’s website, some part of the broker’s service shall be provided by PrimeXM.
