SYDNEY, DUBAI, LONDON, March 15, 2021 /– Axi, a global leader in the FX/CFD brokerage space, today announced the launch of what is believed to be the industry’s most advanced Forex Managed Accounts Services platform, or MAM/PAMM offering.
Designed and engineered in collaboration with the specialist, Singapore-based FINTECH, FYNXT, and readily implemented as a SaaS, the new platform resets the benchmark in business-critical areas of speed, precision, transparency, flexibility, and user experience.
“Genre-defining” lauds Axi’s Chief Commercial Officer, Louis Cooper. “We’ve long understood the limitations of traditional MAM/PAMM offerings out there; as the industry evolved to address the money and fund management sector, technology enhancements have been only piecemeal, incremental and so too, the business benefits”.
“Technological superiority here meant a fundamental re-think – a deep dive, “what’s-possible” analysis, specifically and consultatively, through the prism of the fund management industry”, notes Cooper. “A seriously in-depth understanding of the peculiarities and nuances within the “managed” sector was key for me; once we had nailed this, killer technology from our friends at S2T in Singapore would be the enabler”.
Continues S2T’s Singapore-based CEO, Aeby Samuel, “anything we can do to help our clients better serve their clients is what drives us. We are immensely proud of our latest MAM/PAMM offering and if preliminary feedback from our early clients is any guide, we look forward with a high degree of confidence and excitement”.
Selected Features 
- Enhanced Administration and Automation: With a suite of pre-built templates and selectable fee structures, and agreements, Fund Managers can create new managed accounts within just a few minutes.
- Almost infinite flexibility in fee management: Fund Managers can administer different fee requirements of customers within a single Master account, to ensure that fees are precisely aligned with the customer’s needs whether a) performance, b) execution, c) subscription, d) upfront or e) a combination based.
- Superior customer experience: The new service no longer requires the creation of new MT4/MT5 groups for each new Money Manager. Affords, significantly enhanced visibility and transparency of accounting entries and associated reporting as all trades are conducted from a single (virtual) trading account. Fund managers can create unified dashboards and workflows to manage all monitoring and communication.
- Unheard of Precision in asset allocation: The new platform offers granular level precision in asset allocation, previously not possible from traditional accounts; Fund Managers can now achieve 100% allocation accuracy due to precise lot size allocations, offering lot sizes down to 0.00001 lots for trading.
Selected Features
Axi is a brand name of AxiCorp Financial Services Pty Ltd., a leading global top 10 FX/CFD brokerage firm, headquartered in Sydney Australia.
Our firm was founded in 2007 on a simple idea: be the broker we’d want to trade with. Since then, we’ve grown from a two-person startup into a global business servicing over 75,000 traders in more than 100 countries, on all 5 continents.
As we’re founded by traders, we understand you want great 24-hour service, tight spreads, and fast STP execution with minimal slippage. So that’s what we deliver. Whatever your experience, we’ve got you covered. We assist traders using Forex as an asset class to fulfill part of their trading portfolio. At AxiTrader, our focus is always on integrity, service, and execution. We strive harder to be the best – it’s what separates us from our competition and makes us one of Australia’s largest Forex Brokers.
As we’re founded by traders, we understand you want great 24-hour service, tight spreads, and fast STP execution with minimal slippage. So that’s what we deliver. Whatever your experience, we’ve got you covered. We assist traders using Forex as an asset class to fulfill part of their trading portfolio. At AxiTrader, our focus is always on integrity, service, and execution. We strive harder to be the best – it’s what separates us from our competition and makes us one of Australia’s largest Forex Brokers.
About FYNXT
The Forex Managed Accounts Services is developed in partnership with FYNXT.
FYNXT is a Singapore-based FinTech at the leading edge of enterprise SaaS development. Our products are quietly, incrementally transforming the global financial services landscape.
We are immensely proud of what we do and the real-world empathy we bring to every client relationship – spanning FOREX and multi-asset brokerage firms, wealth managers and ROBO Advisors, global remittance providers as well as banks and insurance companies – globally.
