MLAC MT5 and improved Trade Limiter added to the TFB Toolbox
The international technology company Tools for Brokers has announced the addition of the MLAC MT5 solution and new Trade Limiter functionality to the TFB Toolbox.
The TFB Toolbox is a single console for all TFB plugins and applications and currently supports 21 products. It makes daily management smooth and easy while providing additional powerful functionality and extra security.
The new solution is the next logical step in the company’s strategy to integrate all individual applications and plugins into the TFB Toolbox console for a better user experience for brokers and hedge funds.
MLAC MT5 automates the multi-level rebate structure creation for agents as well as the commission payment process. It has built-in functionality to ensure the commission is paid by running multiple attempts if the payout fails the first time. The commission to the agents can be paid for opening or closing the positions and scheduled or paid out immediately.
Trade Limiter protects brokers from unethical trading practices but targets specific scenarios so that brokers can choose the best solution for their situation. With the latest edition, price-limiting functionality was added to enable brokers to decline open positions depending on the price difference between the opening and SL/TP parameters.
The new solution and functionality added to the TFB Toolbox enable larger brokers to streamline and automate their workflow. Still, they are equally beneficial for smaller brokers with limited resources for day-to-day management.
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