DXtrade Review

Top Prop Firms Using DXtrade

• DNA Funded – Lightning-fast platform setup with real-time order execution and full account analytics
• Funded Trading Plus (FTP) – No-nonsense approach with clean UI and real-time metrics tracking, offers no minimum trading days
• FTMO – Recently added DXtrade to give traders more platform variety alongside MT4/MT5 and cTrader
• Blueberry Funded – Backed by Blueberry Markets (Australian broker), offers one-phase challenge with tight spreads
• RebelsFunding – Data-driven firm with zero minimum day rule and generous profit targets
• Alpha Capital Group – Seamless web-based trading environment for modern traders
• FXIFY – Offers DXtrade alongside MT4/MT5 platforms
• FundedPrime – Portfolio scaling up to $800,000 with 80% profit share, partnered with Eightcap
• Rebels Funding – Offers four-step evaluation with low 5% profit target and up to 90% profit split
• For Traders – Recently integrated DXtrade and added futures trading capabilities
• Union Wealths Management – UAE-based, offers DXtrade, Match-Trader, or cTrader platforms
• TopTier Trader – Miami-based firm offering account sizes from $5K to $300K

DXtrade is light on system resources and presents a low-cost trading platform. It supports stocks, options, futures, mutual funds, bonds, FX, CFDs, spread bets, spot crypto, and margin crypto.

DXtrade Tech Stack

DXtrade integrates TradingView charts within its platform and combines them with reliable trading data from trusted sources. This is similar to ProjectX, which specializes in futures prop firm technologies (TopstepX and TradeDayX are two examples), and Match Trader, which specializes providing a platform for forex prop firms and brokerage platforms. All of them integrate a white-labeled version of TradingView, which underlines the robustness of TradingView technologies.

DXtrade CFD

DXtrade CFD combines forex, CFDs, spread bets, and crypto markets, mainly used by brokers.

DXtrade XT

DXtrade XT covers stocks, futures, options, mutual funds, and bonds.

Prop Trading Technology

A separate technology stack is available specifically for prop firms that want to offer their clients trading with DXtrade. A prop firm can choose between the version for FX and CFDs or Futures.

Partners

DXtrade integrates market data from dxFeed and CQG, uses APEX clearing, Vision Financial Markets, DriveWealth, and Trafix for trade clearing and execution, and uses frontend technologies from TradingView, StoneX, and FX Blue.

More importantly for customer relationship management of firms, CRM and client portals of TradeCore, FXBackOffice, FYNXT, UpTrader, Skale CRM, VCT Technologies, and Resalat are used.

The list of partners is long and includes sources for financial news, marketing and analytics, trading contests, brokerage consultation, and copy trading.

Important for forex traders, the integrated liquidity providers are Finalto, GCEX, PrimeXM, OneZero, Your Bourse, FXCM, Brokeree, Centroid, Gold-i, Tools for brokers, Sage, Solid, BitGo, LMAX, Liquidity Finder, FXCubic, and Amana.

Overview: What is DXtrade?

Here’s a detail that immediately legitimizes DXtrade: Devexperts, the company behind it, developed thinkorswim, the legendary trading platform TD Ameritrade bought in 2009 for $606 million. That wasn’t a typo. Six hundred and six million dollars. For a trading platform.

So when Devexperts says they know how to build professional-grade trading technology, they’ve got the receipts.

DXtrade launched in May 2020 as a family of multi-asset, multi-market, broker-agnostic trading platforms delivered as Software-as-a-Service (SaaS). Unlike platforms traders choose directly, DXtrade is white-label technology that brokers license and rebrand for their clients. When you trade with a broker using DXtrade, you’re experiencing Devexperts’ technology under your broker’s branding.

The platform comes in three flavors:

• DXtrade CFD: For FX/CFD and spread-betting brokers
• DXtrade Crypto: For crypto exchanges offering spot and margin trading
• DXtrade XT: For exchange-traded assets (stocks, options, futures, bonds, mutual funds)

What makes DXtrade notable isn’t just who built it, it’s what they built. This is multi-asset trading technology that genuinely handles everything from forex to futures options, from fractional stock trading to complex options portfolios with SPAN margin calculations, all wrapped in modern UI/UX that doesn’t feel like it was designed in 2003.

Devexperts has over 800 software engineers and has been developing financial software since 2002. The company is global with offices worldwide, serving everyone from retail startups to institutional brokers and wealth management firms. This isn’t a small team cobbling together a MetaTrader competitor, this is serious enterprise technology from a company with decades of institutional experience.

For traders, DXtrade means you’re getting technology developed by the same team that built one of the most respected retail trading platforms in existence. For brokers, it means accessing that level of technology without building it themselves or paying $606 million for acquisition.

Key Features

True Multi-Asset Support

DXtrade doesn’t just claim multi-asset, it actually delivers across:

• Forex: Major, minor, and exotic currency pairs
• CFDs: Indices, commodities, individual stocks
• Stocks/Equities: Exchange-traded securities with fractional trading
• Options: Full options trading with Greeks, strategies, and risk analysis
• Futures: US and European futures with CME SPAN margin
• Futures Options: Options on futures contracts
• Crypto: Spot and margin cryptocurrency trading
• Bonds & Mutual Funds: Fixed income and fund investments
• Spread Betting: For UK/EU markets where applicable

This isn’t bolted-together multi-asset where forex works great but everything else feels like an afterthought. Each asset class has specific features tailored to how it actually trades.

Fractional & Notional Trading

DXtrade enables fractional stock trading and orders in notional value (dollar amounts) rather than just share quantities. Want to invest exactly $500 in Amazon rather than buying 4.3 shares? DXtrade handles it.

This democratizes access to high-priced stocks and allows precise portfolio allocation. It’s the kind of feature retail investors expect in 2025 but many trading platforms still don’t offer.

Professional Options Trading

The options functionality is legitimately sophisticated:

• SPAN Margin Calculations: Real-time portfolio-based margin using CME’s Standard Portfolio Analysis of Risk methodology
• Reg T Margin: For equities and equity options
• Options Chains: Complete visualization of strikes, expiries, and Greeks
• Multi-Leg Strategies: Spreads, straddles, condors, and complex combinations
• Risk Analysis: Portfolio-level risk assessment accounting for price action, volatility, time decay, and interest rates
• Advanced Screening: Search by fundamentals (P/E ratio, market cap, EPS) and technicals (moving averages, RSI, MACD)

This is options trading for serious options traders, not simplified “buy a call” functionality.

TradingView Integration (Out-of-the-Box)

DXtrade includes TradingView integration standard for CFD and Crypto versions. Traders get:

• World-class charting with thousands of indicators
• Social trading features where applicable
• Advanced drawing tools and studies
• Direct order execution from TradingView charts
• Real-time market data streaming

The TradingView partnership gives DXtrade visibility on the most popular charting platform while TradingView gains broker partners for live trading. Win-win.

Modern UI/UX Design

The interface is clean, contemporary, and actually looks like it was designed this decade. Key elements:

• Customizable Workspaces: Drag-and-drop widgets, resizable layouts, personalized dashboards
• Dark and Light Themes: Switch based on preference and lighting conditions
• Adaptive Interface: Supports various screen resolutions seamlessly
• Intuitive Navigation: Modern design language that doesn’t require extensive tutorials
• Real-Time Streaming: Updates without page refreshing or manual reloading

Brokers can customize and white-label everything to match their brand identity.

Prop Trading & Challenge Features

DXtrade built specific functionality for the prop trading explosion:

• Trading Simulator: Realistic fills and slippage for evaluation accounts
• Challenge Account Management: Run evaluation programs through integrated CRM/Portal
• Risk Settings: Maximum position limits, custom trading schedules, auto-liquidation at session end
• Drawdown Validation: Real-time tracking to enforce maximum drawdown rules
• Profit Caps: Ensure traders don’t exceed predefined profit percentages
• Exposure Limits: Control risk across entire books

Major prop firms using DXtrade include FundedPrime, Hola Prime, For Traders, YourPropFirm, and others.

Comprehensive Risk Management

Built-in tools include:

• Real-time Margin Calculations: Complex portfolios handled instantly (Reg T, SPAN, CME methodologies)
• Position Monitoring: Track exposure across accounts, groups, and instruments
• Automated Liquidation: Close positions automatically when thresholds breached
• Risk/Reward Analysis: Pre-trade assessment of potential outcomes
• Portfolio-Level Risk: Aggregate view of correlated positions

Trading Journal & Performance Analytics

Integrated analytics help traders improve:

• Automated Trade Journal: Every trade logged with notes and tags
• Performance Tracking: Analyze win rates, risk/reward ratios, holding times
• Strategy Analysis: Identify which approaches work and which don’t
• Time-Based Patterns: Discover when you trade best and worst
• Detailed Statistics: Comprehensive data on trading behavior

Advanced Order Types

The platform supports:

• Market orders, limit orders, stop orders, stop-limit orders
• Trailing Stops: Automatically adjust stops as price moves favorably (recent addition)
• One-Click Trading: Fast execution from DOM and charts
• Multi-Leg Options Orders: Single orders for complex strategies
• Bracket Orders: Simultaneous entry with protective stops and profit targets

Mobile Apps (Native & Web)

DXtrade provides both iOS and Android native apps plus web-based access:

• Real-time Portfolio Monitoring: Track positions on the go
• Advanced Charting: 80+ customizable studies for technical analysis
• Full Order Entry: Complete trading functionality, not limited mobile versions
• Sync with Web Terminal: Seamless switching between devices
• Secure Login: Fingerprint or PIN code authentication
• Live Newsfeed: Stay informed about market-moving events
• Proprietary Binary Protocol: High performance even on low bandwidth mobile connections

dxFeed Market Data Integration

Devexperts owns dxFeed, a comprehensive market data provider offering:

• Reliable streaming and historical tick-level data
• Very low latency
• One of the most comprehensive ticker feeds available
• Direct futures data (US and EU Level 1 and Level 2)
• Ready-to-go integrations eliminating data sourcing headaches

This vertical integration means brokers get platform + market data from a single vendor, simplifying infrastructure.

Broker Back Office & APIs

For brokers licensing DXtrade:

• Comprehensive Admin Console: Manage all clients, accounts, and settings
• Risk Management Tools: Real-time exposure monitoring and controls
• Open APIs: Full documentation for integration with CRM, back office, compliance, payment systems
• White-Label Branding: Complete customization to match broker identity
• App Store Presence: Branded iOS and Android apps in stores
• 24/7 Technical Support: Dedicated account managers and rapid response
• AWS Hosting: Secure, scalable infrastructure included

Fast Setup & Launch

Devexperts promises:

• 7-day setup for SaaS versions: Ready to go-to-market within a week
• Under 2 weeks for full deployment: Complete integration with brokerage infrastructure
• No lengthy development cycles or custom build delays

What’s This Going to Cost You?

Like Match-Trader, DXtrade is B2B technology. As a trader, it’s free, your broker pays for it. But understanding the economics helps you evaluate whether your broker made a smart choice.

For Traders (That’s You):

$0

You’re not buying DXtrade; your broker is. Any trading costs (spreads, commissions, fees) are broker charges, not platform fees.

For Brokers (The Actual Customers):

DXtrade operates on flexible pricing models tailored to broker size and needs:

SaaS Subscription Model

Pricing varies based on:

• Broker size and expected account volume
• Asset classes required (CFD, Crypto, XT, or combinations)
• Customization level (off-the-shelf, sponsored features, or enterprise customization)
• Integration requirements

The platform offers:

• Off-the-Shelf Version: For startups and budget-conscious firms, includes sponsored features beyond typical white-label branding
• Enterprise Version: For established brokers, custom functionality built by Devexperts’ 800+ software engineers
• Source Code Purchase: For brokers wanting to own the technology outright (closest to proprietary platform without development costs and time)

Specific pricing requires contacting Devexperts’ sales team for quotes tailored to business needs.

What’s Included:

• White-labeled web, iOS, and Android applications
• Comprehensive broker back office
• APIs for integrations
• TradingView charts (CFD and Crypto versions)
• Dedicated account manager
• 24/7 maintenance and technical support
• AWS hosting
• Fast setup (7 days for SaaS, under 2 weeks for full integration)

Competitive Context:

Comparing white-label platforms:

• MetaTrader: Volume-based fees, complex pricing, broker restrictions
• cTrader: $2,000/month + $5/million traded + $5,000 setup fee
• Match-Trader: $2,500-5,000/month fixed fees depending on model
• DXtrade: Flexible pricing based on needs; requires quotes

DXtrade’s pricing opacity makes direct comparison difficult, but the flexibility to customize (including buying source code) offers options competitors don’t provide.

The Good, The Bad, and The “Wait, They Built thinkorswim?”

What Genuinely Impresses:

• thinkorswim pedigree – TD Ameritrade paid $606M for their previous platform; that’s serious validation
• True multi-asset functionality – Not just forex with other assets tacked on; each class is properly implemented
• Professional options trading – SPAN margin, multi-leg strategies, comprehensive Greeks and risk analysis
• Modern, clean interface – Actually looks contemporary, not stuck in 2003
• Fractional trading – Democratizes access to expensive stocks
• Prop trading features – Built for the prop firm market with challenge management
• TradingView integration – World-class charting included out-of-the-box
• Integrated market data – dxFeed ownership eliminates data sourcing headaches
• Fast deployment – 7 days to market is genuinely impressive
• Flexible customization – From off-the-shelf to source code purchase
• Regulatory compliance – Designed for SEC, FCA, CySEC, JFSA requirements
• Institutional-grade technology – 800+ software engineers backing the product
• 24/7 support – Dedicated account managers and responsive technical teams
• Mobile excellence – Proprietary binary protocol for stable low-bandwidth performance

What Might Give You Pause:

• Limited brand recognition – Not as well-known as MetaTrader among retail traders
• Broker-dependent experience – Quality varies based on broker implementation
• Pricing opacity – No public pricing; must contact sales for quotes
• Newer platform – Launched 2020; less battle-tested than decade-old competitors
• Smaller broker adoption – Fewer brokers offer it compared to MT4/MT5
• Community resources limited – Less extensive third-party content and tutorials
• No API availability (contradiction) – GetApp listing says no API, but Devexperts documentation shows comprehensive APIs; inconsistency in public information
• Mobile app reviews mixed – Google Play shows 1.7 stars for OTC version (though this may be demo/testing version)
• Customization costs unclear – Enterprise features and source code pricing not transparent
• Learning curve for advanced features – Options and futures functionality requires knowledge to use effectively

The “It Depends” Zone:

Platform maturity trade-off: DXtrade is modern but younger (2020 launch). MetaTrader is dated but proven (decades of reliability). Pick your poison: contemporary design with shorter track record or established platform with outdated interface.

Customization flexibility vs simplicity: The ability to customize extensively is powerful for brokers but potentially means inconsistent trader experiences across different brokers using DXtrade.

Multi-asset vs specialized: True multi-asset support is impressive, but if you only trade forex, a forex-focused platform might serve you better. DXtrade’s breadth is its strength and potentially its dilution.

Who Should Actually Use This?

DXtrade excels for:

• Traders whose brokers offer it (obviously)
• Multi-asset traders wanting stocks, options, futures, forex, and crypto in one platform
• Options traders needing professional-grade tools with SPAN margin
• Fractional stock investors who want precise dollar-amount investments
• Prop firm traders encountering DXtrade in evaluation challenges
• Traders appreciating modern UI/UX over legacy platform aesthetics
• Anyone valuing integrated TradingView charts
• Mobile-first traders needing reliable performance on phones/tablets

Consider alternatives if you:

• Need the largest possible broker selection (MetaTrader wins)
• Want extensive third-party ecosystem and community (MT4/MT5 dominates)
• Require deep algorithmic trading customization (NinjaTrader, cTrader better)
• Trade exclusively one asset class (specialized platforms may be superior)
• Prefer platforms with decades of proven stability
• Need guaranteed platform consistency across multiple brokers
• Want transparent public pricing (B2B model makes this impossible)

How Does It Stack Up?

DXtrade vs MetaTrader 4/5

MetaTrader owns the forex market with massive adoption, enormous community, and thousands of third-party tools. But it’s aging technology with clunky interfaces.

DXtrade advantages:

• Modern UI/UX vs dated MetaTrader design
• True multi-asset vs forex-focused MT4/MT5
• Professional options trading vs basic CFD options
• TradingView integration vs proprietary charts
• Fractional trading vs standard lots only
• Contemporary mobile apps vs dated mobile experience
• Faster broker deployment

MetaTrader advantages:

• Universal broker availability
• Massive community and educational resources
• Algorithmic trading with MQL4/MQL5
• Thousands of custom indicators and EAs
• Decades of proven reliability
• Traders can use same platform at any MT broker
• Lower learning curve for beginners

Reality: MetaTrader dominates through network effects and institutional inertia. DXtrade is technically superior but fights established habits.

DXtrade vs cTrader

Both are modern alternatives to MetaTrader targeting professional traders.

DXtrade advantages:

• Multi-asset (stocks, options, futures) vs primarily forex/CFDs
• Professional options trading vs limited options support
• Fractional trading capabilities
• thinkorswim pedigree and institutional backing
• TradingView integration standard
• Prop trading features built-in

cTrader advantages:

• Greater brand recognition among retail traders
• More brokers offer it
• cTrader Automate for algorithmic trading (C#)
• Transparent pricing ($2k/month + $5/million)
• Longer track record (2011 launch)
• Larger community and resources

The Verdict: DXtrade offers broader asset class support; cTrader offers better forex/CFD focus with larger user base.

DXtrade vs thinkorswim

Interesting comparison since Devexperts built thinkorswim before selling to TD Ameritrade.

thinkorswim is now exclusive to TD Ameritrade clients and Charles Schwab (post-merger). You can’t license it for other brokers. DXtrade represents Devexperts’ white-label version of similar institutional-grade technology available to any broker.

If you’re trading exclusively through TD Ameritrade/Schwab, thinkorswim is excellent. If you’re trading internationally or through other brokers, DXtrade brings similar DNA to non-Schwab platforms.

DXtrade vs NinjaTrader

Different target markets entirely. NinjaTrader is desktop-focused, US futures-centric, deeply customizable with C# programming. DXtrade is web/mobile-focused, multi-asset, SaaS white-label.

When to choose DXtrade:

• International trading (non-US markets)
• Multi-asset beyond just futures
• Prefer web/mobile over desktop
• Trading through broker offering DXtrade

When to choose NinjaTrader:

• US futures trader exclusively
• Want deep customization and automation
• Prefer desktop-first workflow
• Need extensive backtesting capabilities

They’re solving different problems for different traders.

DXtrade vs TradingView

TradingView is charting and social networking. DXtrade is complete trading infrastructure. They integrate rather than compete, DXtrade includes TradingView charts and enables live trading from TradingView.

You use TradingView for analysis and DXtrade for execution and account management. Complementary, not competitive.

My Honest Take

Let’s start with the elephant in the room: Devexperts built thinkorswim, which TD Ameritrade considered worth $606 million in 2009. Adjusted for inflation and market growth, that’s nearly a billion dollars in 2025 value. When this team says they know how to build institutional-grade retail trading technology, they’re not making empty claims.

For Traders:

If your broker offers DXtrade, you’re getting technology developed by one of the most respected teams in financial software. The platform won’t make you a better trader, no platform does, but it won’t frustrate you with dated interfaces, missing features, or clunky mobile experiences.

The multi-asset support is genuinely impressive. Most platforms claiming multi-asset do forex well and everything else poorly. DXtrade actually handles options professionally (SPAN margin!), futures properly, stocks with fractional trading, and crypto without feeling bolted-on. Each asset class gets appropriate feature depth.

But here’s reality: as a retail trader, you’re not choosing DXtrade directly. You’re choosing a broker that happens to offer DXtrade. You’ll evaluate brokers on regulation, spreads, commissions, customer service, and funding options. The platform is secondary to these fundamentals.

If two otherwise comparable brokers offer MetaTrader vs DXtrade, the modern interface and multi-asset capabilities make DXtrade the better choice, assuming the broker implemented it well.

What Impresses Me:

The options functionality is remarkably sophisticated. SPAN margin calculations, multi-leg strategies, portfolio-level risk analysis, this isn’t simplified options for retail tinkerers. This is professional tools for serious options traders. Finding this in a white-label platform is unusual.

The fractional trading implementation matters for retail investors. Being able to invest exactly $500 in Amazon or Google rather than fiddling with share quantities makes portfolio management vastly simpler. It’s the kind of feature retail 2025 expects but many platforms still don’t offer.

The prop trading features being native rather than afterthoughts shows market awareness. When prop firms exploded, platforms scrambled to adapt. DXtrade built challenge management, drawdown validation, and simulator functionality deliberately. Major prop firms adopted it because it actually works for their use case.

The TradingView integration is smart business. TradingView has massive reach among retail traders. Integrating it standard rather than charging extra or forcing proprietary charting reduces broker friction and trader complaints. Everyone wants TradingView; DXtrade gives it to them.

The vertical integration with dxFeed solves a legitimate problem. Market data sourcing is often painful for brokers. Having platform and data from the same vendor (Devexperts owns both) simplifies infrastructure and reduces vendor management overhead.

What Concerns Me:

The 2020 launch date means limited battle-testing compared to decade-old competitors. Financial technology needs years of edge cases, market regime changes, and crisis conditions to prove reliability. DXtrade has five years. MetaTrader has twenty. That maturity gap matters.

The mobile app reviews on Google Play showing 1.7 stars are worrying until you realize this appears to be the demo/testing version for brokers, not the actual trader-facing apps. Still, public-facing low ratings create perception problems regardless of explanation.

The pricing opacity is frustrating from an analysis perspective. “Contact sales for quote” is standard B2B software practice, but it makes comparison shopping difficult for brokers and evaluation harder for reviewers trying to assess value.

The smaller broker adoption creates chicken-and-egg problems. Traders prefer platforms they know. But they won’t know DXtrade until more brokers offer it. But brokers worry traders will be skeptical of unfamiliar platforms. Breaking this cycle requires either superior features (which DXtrade arguably has) or aggressive market acquisition (unclear if Devexperts is pursuing this).

The broker-dependent implementation quality is inherent to white-label but problematic. A poorly configured DXtrade at a cheap broker will feel worse than a well-configured MT4 at a premium broker. The platform provides technology; brokers determine experience. This variability makes “DXtrade reviews” somewhat meaningless without specifying which broker’s implementation.

The Institutional DNA:

Devexperts serves institutional clients, exchanges, and wealth management firms globally. This institutional focus manifests in DXtrade’s architecture: regulatory compliance baked in (SEC, FCA, CySEC, JFSA), professional risk management, enterprise-grade security, and features like SPAN margin that retail-focused platforms skip.

But institutional DNA is double-edged. Institutional clients want comprehensive functionality and regulatory bulletproofing. Retail traders want simplicity and ease of use. Balancing both is difficult. DXtrade leans toward comprehensive, which sophisticated traders appreciate but beginners may find overwhelming.

The Options Angle:

If you’re an options trader, DXtrade deserves serious consideration. The options functionality surpasses most retail platforms. Having SPAN margin, multi-leg strategy execution, and comprehensive Greeks analysis in a white-label platform is rare. Most platforms with this sophistication are proprietary institutional systems or expensive specialized platforms.

For pure forex traders, DXtrade’s multi-asset breadth is less relevant. A forex-focused platform might serve you better. But if you want options exposure alongside forex, or stocks, futures, crypto, DXtrade’s multi-asset approach makes diversification seamless within one platform.

The Prop Firm Reality:

DXtrade’s adoption by multiple prop firms (FundedPrime, Hola Prime, For Traders, YourPropFirm) validates its reliability for challenge environments. Prop firms need:

• Realistic simulation with proper fills
• Robust risk management
• Challenge tracking
• Reliable execution under load
• Professional appearance for marketing

If DXtrade failed at any of these, prop firms would abandon it quickly. Their continued adoption and expansion (For Traders adding futures through DXtrade) suggests the platform delivers.

For traders pursuing funded accounts, encountering DXtrade in challenges is increasingly common. Familiarity with it could be professionally valuable.

The Long-Term Bet:

Devexperts is betting that comprehensive multi-asset platforms with modern interfaces will gradually replace single-asset legacy technology. This seems directionally correct, the trend favors consolidation and modernization.

But execution matters more than direction. Having the right strategy doesn’t guarantee winning. Devexperts needs continued broker adoption, positive trader experiences, and patience as network effects slowly shift. The thinkorswim pedigree helps credibility but doesn’t guarantee success.

The source code purchase option is intriguing. Brokers wanting to own technology outright (closest to proprietary without building from scratch) can do so with DXtrade. This optionality distinguishes it from pure SaaS competitors where you’re always renting.

For Brokers Evaluating Platforms:

DXtrade deserves consideration if you’re:

• Launching or scaling a multi-asset brokerage
• Targeting options traders or sophisticated retail
• Prioritizing modern UI/UX for millennial/Gen-Z appeal
• Needing fast deployment (7-14 days)
• Wanting TradingView integration standard
• Seeking institutional-grade technology with retail accessibility
• Running or planning prop firm operations

The thinkorswim team’s expertise and Devexperts’ institutional client base provide credibility other white-label providers lack. But you’ll pay for this pedigree, likely more than budget alternatives, probably less than building proprietary.

The Bottom Line

DXtrade earns 4 out of 5 stars – Sophisticated multi-asset trading technology with institutional pedigree, held back primarily by limited broker adoption and shorter track record than established competitors.

As a trader, you’re not directly choosing DXtrade, your broker chooses it for you. But if that broker offers good regulation, competitive spreads, responsive service, and happens to use DXtrade, you’re getting legitimately professional technology developed by the team that built thinkorswim.

The platform delivers on multi-asset promises better than competitors. The options functionality is genuinely sophisticated. The fractional trading implementation is smart. The TradingView integration provides world-class charting. The mobile experience is solid. The prop trading features work for real prop firms.

What DXtrade lacks isn’t quality, it’s ubiquity and time. MetaTrader dominates through established presence and network effects. DXtrade is technically superior in many ways but fights the inertia of “everyone uses MetaTrader.”

For multi-asset traders, especially those interested in options beyond basic CFDs, DXtrade offers capabilities competitors struggle to match. For pure forex traders content with MetaTrader, the advantages are less compelling.

The 2020 launch means it’s proven but not battle-hardened through decades of edge cases. The smaller broker adoption means fewer choices for traders wanting DXtrade access. The pricing opacity makes broker comparison harder. The broker-dependent implementation means experience quality varies.

But the thinkorswim pedigree is real. The institutional technology expertise is evident. The multi-asset implementation is genuinely comprehensive rather than superficial. And for traders whose brokers offer well-implemented DXtrade, you’re trading on technology that’s legitimately professional-grade.

If I’m evaluating two otherwise comparable brokers and one offers MT4 while the other offers DXtrade, I’m choosing the DXtrade broker for the modern interface and multi-asset capabilities. If I’m an options trader specifically, DXtrade moves from “nice to have” to “strongly prefer.”

For brokers: the Devexperts team that built a $606 million platform now offers white-label technology. That expertise doesn’t come cheap, but it’s substantially cheaper than building proprietary or buying thinkorswim outright (which isn’t for sale anyway).

My prediction: DXtrade continues growing in broker adoption, especially among brokers targeting sophisticated multi-asset retail and prop firm operations. It won’t dethrone MetaTrader’s dominance but carves out meaningful market share among brokers prioritizing modern technology over established presence. Within 3-5 years, it’s a standard option alongside cTrader as “modern MetaTrader alternatives.”

For now, if your broker offers DXtrade, consider it a positive signal they’re investing in modern technology. Test it thoroughly. The platform itself is solid, whether it’s right for you depends on your trading style, asset preferences, and whether your specific broker implemented it well.