Cyprus-based Match-Prime has strengthened its liquidity pool by onboarding forex and CFDs broker Skilling to its network, the liquidity provider announced on Monday.
The press release shared with Finance Magnates detailed that the Scandinavian broker signed a long-term agreement with Match-Prime, which only began to operate last October.
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Skilling, which is itself a growth-stage broker, offers online trading with more than 800 instruments. It is a multi-asset broker with offerings in forex, indices, commodities, cryptocurrencies, and share CFDs.
“One of Skilling’s unique selling points is its diverse mix of products,” Skilling’s chief executive, Michael Kamerman, said. “We have the products you expect us to have but also the products you want us to have like Dogecoin, Tesla, Gamestop, and Ripple.”
“For us to offer these products, we rely on great partners like Match-Prime. Match-Prime provides us innovative solutions and supports true partner-to-partner engagements. If our experience with Match-Prime is representative of all their partners, then they have a very bright future ahead of them as a leading fintech provider in our industry. We look forward to much success growing together over the years.”
Challenging the Established Liquidity Providers
Regulated by the Cypriot financial regulator, Match-Prime entered the industry with aggressive rates to undercut its established competitions. It offers services for a monthly fee of as low as $1,000 and follows a prime of prime model.
Earlier this month, Match-Prime enhanced its liquidity distribution network by joining the Gold-i Matrix NETwork, Finance Magnates reported.
“Skilling is a fast-growing, well-known fintech company looking for innovative solutions. What distinguishes us from the competition is a deep understanding of the Broker’s trading needs and the support we provide at every step of the cooperation,” said Stavros Economides, COO at Match-Prime Liquidity.
“We offer bespoke technical and trading conditions, which I believe will meet the expectations of even the most demanding trader.”
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