B2Broker Launches B2Trader v1.1 with BBP Prime, Advanced Reports, and iOS Support
B2Broker recently announced a significant update to its premier product, the B2Trader Brokerage Platform (BBP) version 1.1. The latest update to the spot crypto platform introduces BBP Prime, new advanced reports, and the potential to personalise layout templates for an enhanced user experience.
Moreover, the B2Trader mobile application, designed specifically for the iOS platform, is now an integral part of their turnkey solution. It integrates smoothly with the B2Core CRM and features a native trading interface for convenient trading on the go for iPhone users.
BBP v1.1 Update: Unveiling the New Features
B2Trader’s 1.1 version introduces innovative features to enhance clients’ and traders’ user experiences.
BBP Prime — Ultimate Prime Brokerage Platform
BBP Prime, a new feature of this release, allows BBP to function as a prime brokerage platform for other B2Trader brokerage platforms. Linked platforms can maintain and replenish their balances on BBP Prime, which then oversees and handles balances on connected accounts with liquidity providers.
BBP Prime bears responsibility for monitoring balances on brokers’ accounts, processing incoming orders, forwarding them to LPs/B2Connect, and managing trades. The data exchange is made possible through a bespoke FIX gateway.
Template Constructor for Brokers
The new version allows brokers to create personalised workspaces for BBP traders. These include importing pre-saved layouts, exporting individual template settings, and saving up to 10 custom templates. The Template constructor is comfortably located in the Settings section on the left menu.
Enhanced Reports
The update also enhances the B2Trader platform’s reporting system to help brokers better understand platform activities. A new report type now enables administrators to acquire a list of active accounts for a specific period, which can help them assess an exchange or brokerage’s growth. All reports are now conveniently stored under a new Report button for simplified report generation.
Streamlined Account Management for Traders
B2Trader 1.1 allows traders to select an account directly from the Trading terminal in the top bar. All widgets automatically adjust to show information relevant to the selected account. This design is particularly useful for individuals managing multiple accounts, providing a more streamlined tracking of their performance.
Workspace Setups with Tabs
The most recent update to the Trading terminal brings customisable workspace tabs, allowing traders to manage multiple trading environments simultaneously using up to 10 tabs. Users can choose from pre-configured layouts provided by brokers or design their own custom set-ups, providing traders with the flexibility to monitor different markets and assets at once.
The BBP iOS Application: Enhancing the BBP Package
The upward trajectory in mobile trading continues unabated, with nearly 58% of global trading market revenue in 2022 sourced from mobile platforms, data from the Stock Trading and Investing Applications Market report confirms. Furthermore, the market is set to cross the $150 billion mark by 2032, up significantly from its 2023 value of $39.8 billion, the study reports.
The global surge in smartphone users—now totalling 6.8 billion—highlights smartphones’ crucial role in trading activities. To stay competitive in today’s market, brokers must provide a mobile version of their trading platform alongside the desktop version.
In response to this growing trend, B2Broker has expanded the BBP package by launching the BBP iOS app, version 1.0. This app replicates all desktop trading functionalities to enhance the mobile user experience. By offering both a robust web trading platform and a mobile trading app, brokers can deliver a comprehensive trading solution to their clients. Key features of the app include:
Single Sign-on Functionality with B2Core
The BBP iOS app is seamlessly integrated with the B2Core CRM mobile version , providing single sign-on functionality. Users logged into the B2Core mobile application can access the BBP iOS app directly, bypassing the need to re-enter credentials.
Account Management and Balance Data Accessibility
A notable feature of the B2Trader platform is the multi-account functionality. The BBP iOS app lets traders switch between accounts and commence trading in any desired account. The app provides a detailed overview of available and on-hold funds for each profile via the Account Details screen, offering traders a real-time balance snapshot.
Flexible Market Screen and Comprehensive Orders
The app boasts an easy-to-navigate Market screen, complemented by a user-friendly trading interface, accessed through the Markets button on the Account Details screen. Customisable real-time charts, historical price data, and the ability to switch between candle and line charts are available. The screen comprises three tabs for fast trading and account information access: Order Book, Open Orders, and Balances.
The app supports the same order types as the web version: IOC and FOK for market orders and IOC, FOK, GTC, GTD and Day for limit orders. The Orders section is detailed, providing information on prices, quantities, and execution times. Advanced filters facilitate the efficient location of specific orders, optimising order management.
Brand Personalisation and Themes
As part of the turnkey solution, the B2Trader iOS mobile app permits brokers to modify the platform’s colours and themes to align with their website design and branding. This uniformity enhances the user experience across all trading platforms. Light and dark themes are also offered, allowing traders to select the mode that best suits their needs.
Final Remarks
The debut of the B2Trader Brokerage Platform update, in conjunction with the launch of the iOS application, marks a notable milestone for B2Broker and its clients. B2Trader aligns itself as the ultimate platform for cryptocurrency spot brokers aspiring to enter or expand their services in the market. B2Broker presents the platform as a complete turnkey package or a solution that can be integrated with any CRM using REST API.
The B2Trader team is actively developing new updates and enhancements, with future developments on the horizon for clients to anticipate.
As of now, they encourage those interested in exploring B2Trader’s capabilities to reach out to them for a demo or information about the company’s products and services.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
