Unified cross-platform experience in the TFB Toolbox solution

The international technology company Tools for Brokers has announced the release of the latest edition of the TFB Toolbox.

The new edition features several additions and enhancements to the existing TFB Toolbox plugin portfolio.

The Dividend Payout Application now enables a change to the configuration file without any human involvement, making it more automated and convenient for clients. The three custom actions available to the client are getting the rules execution report, obtaining the payments report, and paying dividends. A new parameter – override dividends – was introduced to allow clients to correct errors in the already paid dividends, helping in situations when someone makes a mistake.

The new Swap Changer functionality allows TFB clients to keep their MT4/MT5 swap values up-to-date by keeping them automatically in sync with LMAX swaps.

The StopOut plugin has undergone a significant transformation, with 13 types of names unified across MT4 and MT5 for a more consistent user experience. The formula difference between the two MetaTrader platforms was fixed to avoid confusion.

The functionality for prop trading with the StopOut plugin was enhanced, and the solution now supports Max Daily Drawdown and Absolute Drawdown rules that are heavily used in the prop traders’ selection process. Also, there is now an option for traders who did not succeed in the competition to rejoin by submitting an extra payment.

There is also a new mode to calculate stopout based on the first deposit. It’s called First Deposit: growth(%), and it calculates the stopout based on the projected growth percentage of the first deposit.

Lastly, in Credit Management, the logic was fixed to avoid accidental credit allocation when no new funds were deposited.

The TFB Toolbox solution unites all TFB plugins and applications under a single console. Additionally, it provides a wide range of functionality to streamline and automate plugin management.