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What is TrueFX?

A unique FX OTC platform has been developed specifically for a specialized trading community, allowing participants to enjoy significantly lower trading costs and improved operational workflows. This platform stands out due to its powerful integration of centralized credit, cutting-edge technology, and abundant liquidity, delivering tangible benefits to its users. Its primary goal is to eradicate inefficiencies in areas like credit management, integration processes, trade matching, netting, and settlement. By utilizing a centralized technological and settlement architecture, it supports all trading preferences, enabling both fully disclosed and anonymous matching options. Additionally, this platform serves as a single point for credit intermediation, enhances high-speed trading capabilities, and offers one unified connection to numerous liquidity sources. Designed for seamless automation, it greatly enhances overall efficiency for its members, establishing a trading environment where smooth transactions can thrive. Ultimately, this innovative approach redefines how participants engage in FX trading, ensuring that they are equipped to navigate the complexities of the market with ease.

What is Nexto?

Nexto offers a robust cloud accounting and operational software solution specifically designed for businesses engaged in currency exchange, such as money changers and remittance offices. This platform adeptly monitors currency transactions, fees, transfers, and expenses while also managing cash flow and banking operations through double-entry bookkeeping, which results in comprehensive balance sheets and transaction reports for multiple currencies. Employees are equipped to keep track of exchange-rate fluctuations and assess trading profitability, as well as manage cash reconciliations and oversee remittance commitments along with scheduled payments. The system boasts various features, including role-based access permissions, an audit trail to ensure accountability, automated data backups, and periodic reports to bolster daily operational effectiveness. Moreover, an integrated WhatsApp inbox leverages artificial intelligence to analyze uploaded receipts and trade messages, producing draft vouchers for staff to review and confirm. The platform is accessible via web browsers and can be either hosted online or installed on a client's server while also offering mobile functionality through a downloadable web app. In addition, Nexto simplifies financial management for its users by enabling the transfer of existing data and creating reconciliation reports, ensuring a seamless transition and enhanced operational efficiency. Overall, this comprehensive suite of tools is designed to empower currency exchange businesses to optimize their financial processes and improve their overall performance.

Media

Media

Integrations Supported

cXchange

Integrations Supported

WhatsApp

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

39 USDT/month
Basic is 39 USDT/month or 390 USDT/year and includes 2 users, up to 200 customers, and 1 connected WhatsApp line. Standard is 69 USDT/month or 690 USDT/year; Professional is 99 USDT/month or 990 USDT/year. Annual billing is discounted. The lifetime server-installation license is quote-priced. An optional Nexto Box costs 1,200 USDT one-time in addition to the license. Migration of previous-software records is included. A 7-day demo with sample data is available without a credit card.
Free Trial Offered?

Supported Platforms

Not specified

Supported Platforms

SaaS
On-Prem
Linux

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub

Company Facts

Organization Name

Integral

Date Founded

1993

Company Location

United States

Company Website

www.truefx.com

Company Facts

Organization Name

Avesta Trading Teknoloji Dış Ticaret Ltd. Şti.

Company Location

Turkey

Company Website

nextofx.com/en

Categories and Features

Currency Exchange

Client Management
Position Management

Categories and Features

Currency Exchange

Not specified

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