In the competitive world of prop trading, technological agility is advantageous and essential for survival. While many firms struggle to keep up with industry changes, the most successful ones are always ready for or even anticipating innovation. Possessing such forward-thinking qualities can determine whether a company thrives or just barely gets by when prop trading dynamics undergo a sudden transformation.
Discovery of Match-Trade Technologies
Maven Trading, a leading prop trading firm known for its unique trader challenge programs, first encountered Match-Trader at the 2023 London Summit. While the platform immediately impressed with its cutting-edge technology, powerful features and sleek interface, what truly captured the company’s attention was its potential to revolutionise how traders interact with their tools. The discovery led to a partnership in November, which proved invaluable when industry upheaval later forced many prop firms to migrate platforms. At that time, Maven Trading had already established a stable relationship with Match-Trader. “Looking back, I couldn’t be more pleased with our decision”, says Jonathan Alexander, CEO of Maven Trading. “We’ve always prided ourselves on trying new things before they become a necessity”, he notes.
Why Match-Trader?
According to Maven Trading’s assessment, Match-Trader’s web-based architecture stands out as one of its biggest strengths. As a progressive web app, it eliminates the need for local installation while unlocking new business opportunities and delivering a more personalised trading experience. The platform’s intuitive design is another game-changer, dramatically cutting down the learning curve for beginners. Those familiar with any trading platform can navigate Match-Trader within seconds, yet the system reveals its more advanced functionalities when exploring further. “Although the user interface is straightforward, when you start clicking around in certain sections, you can go quite deep”, explains Jonathan Alexander. “All the features you could possibly want are there, but the important ones are always front and centre”, he adds.
What sealed the deal for Maven Trading were also regular, trader-requested updates and improvements. “There’s always a new feature coming out—with Match-Trader, nothing stays stagnant”, notices the CEO of Maven Trading. The integration with TradingView proved to be another decisive factor, bringing enhanced charting capabilities and elevating the trading experience. The firm also appreciated the intuitive drag-and-drop functionality on charts, making key operations much simpler.
Supporting Platform Users
The Match-Trader support infrastructure turned out to be highly effective, with a 24/7 emergency hotline and dedicated Slack channels that allowed Maven Trading to address various, even the most demanding, challenges in real time. Unlike traditional ticketing systems, often leading to delays, all team members were given expert advice instantly, regardless of their geographic location or time zone. During Maven Trading’s initial onboarding process, Match-Trader also provided support through their Skype channel. This approach helped guarantee a smooth integration for the entire team, at the same time meeting all business requirements.
Future Cooperation with Maven Trading
The partnership’s success extends beyond technical capabilities. Given the positive impact on Maven Trading’s trading efficiency and Match-Trader’s competitive pricing, the firm plans to continue innovating using the platform. The ongoing collaboration has proven valuable for both parties. “Over the last two quarters, we’ve managed to sell more than 100,000 challenges, achieving a growth rate of approximately 15%. We see this as a remarkable success and a strong foundation for the long-term strategic partnership we’re looking forward to developing”, says Kamil Kozera, Head of Account Management at Match-Trade Technologies.
Best Prop Trading Strategy
Recent events in the prop trading industry have demonstrated how catastrophic it can be to rely on a single point of failure. Maven Trading’s early adoption of Match-Trader and strategic partnership with Match-Trade Technologies stand as a testament to the power of recognizing innovation before competitors. By leveraging cutting-edge tools and features, prop trading firms can achieve results that would be impossible with static legacy platforms, ultimately securing a market advantage.
