IndigoSoft Comprehensive Review

Headquartered in Dubai, IndigoSoft is an innovative software development organization for brokers offering a multitude of bespoke solutions. Their team of professional developers with more than 25 years of collective experience has crafted the Broker Pilot solution, an all-in-one real-time monitoring, risk management, and dealing desk control allowing brokers to maximize their profits.

About IndigoSoft:

Founded by Valerii Dolgov, IndigoSoft is dedicated to creating innovative solutions for the brokerage industry. Their mission is to help brokers and financial institutions to increase their profits and reduce operational costs.

When Valerii was working as a chief dealer for other companies, he found that the industry needed more comprehensive software solutions to cover his needs for a robust dealing desk system. So, aiming to fill this gap in the market, he created Broker Pilot - a unique software product specifically designed to support dealers in their complex daily activities.

The idea was to build an all-in-one solution enabling brokers to define bespoke risk-management policies. It will ensure their platform delivers cutting-edge security while providing advanced features like real-time monitoring and dealing desk control.

Several companies tried to replicate the concepts used in Broker Pilot but eventually failed. Instead, it only further cemented the success of IndigoSoft and its innovative software solutions. As a result, many companies have become clients of Indigosoft. On this note, let's explore Broker Pilot.

Broker Pilot — An all-in-one monitoring and risk management platform

Broker Pilot is a modern platform with various features designed to help brokers maximize their profits and reduce operational costs. It's a comprehensive platform that allows brokers to monitor, control, and analyze their business in real-time.

The platform is designed to be user-friendly, with a simple interface allowing users to set up their risk-management policies quickly. In addition, the platform provides a holistic view of the brokers' dealing desk and allows for quick decision-making.

Broker Pilot also features a unique set of advanced analytics tools allowing brokers to gain valuable insights into the markets and their performance. Using this platform, brokers can increase their monthly P&L by up to 20% while reducing their workloads by up to 40%.

The platform also provides complete safety, as there is no direct interference with the trading servers. It ensures that there is no risk of data manipulation or unauthorized access.

Robust features of Broker Pilot:

IndigoSoft has made this a full-fledged tool to ensure success for brokers, and some of the critical features of the platform include the following:

Real-time monitoring:

Brokers need to have real-time insight into the current state of the dealing desk. Broker Pilot provides detailed information about A/B books net volumes, exposures, buyers/sellers, open positions, and control of rates & orders execution streams. Real-time monitoring ensures that brokers can make effective decisions quickly.

The advanced analytics feature of Broker Pilot allows brokers to gain valuable insights into the market, their performance, and the trading environment. Moreover, with real-time monitoring features, brokers can ensure that the rate is controlled and orders are executed efficiently, thereby reducing operational costs.

Efficient risk management:

Their comprehensive risk management system ensures that brokers can monitor and control their market exposure. With Broker Pilot, you can set custom risk tolerances such as maximum leverage limits, leverage ratios, and more. Their real-time "anti-virus" system ensures that brokers are immediately notified of changes in client behavior, toxic trading, internal threats, and other unwanted activity outside of your pre-defined risk factors.

This quick risk assessment and management allow trading platform owners to stay on top of their operations and increase profitability. Moreover, brokers have complete control over the dealing desk's exposure, allowing them to adjust it as per their risk policies.

Real-time trading session control:

Broker Pilot allows brokers to track and analyze their trading sessions in real-time. Features like session PnL charts, sorted by symbols, turnover stats, winner/losers, and detailed session reports, are available at a glance. This helps brokers gain insights into the performance of their dealing desk and identify critical factors quickly.

The platform also allows brokers to analyze important session metrics and make the right timely decisions. It also helps brokers keep track of their trading sessions, allowing them to understand their performance better. With easy-to-navigate UI, dealers can quickly access detailed session reports and understand their results.

Brokerage business Intelligence:

Broker Pilot provides comprehensive historical Metabase reports to see the performance across the dealing desk. Dealers can quickly view P&L by account groups or asset groups, balance transactions, money flow, equities, deposits, and more. This allows brokers to gain valuable insights into their trading process.

The platform also provides powerful analytics capabilities that help brokers to understand their performance and optimize their strategies. Advanced analytics tools allow brokers to identify patterns, anomalies, and other trends that may impact their business.

Seamless dealing desk operations:

Desk operations take the most time for a broker. But with Broker Pilot, it's easy to manage dealing desks from one place. The platform provides automated tools for dividend accrual, contract expirations, and swap changing.

Moreover, dealers can plan, schedule and execute their dealing operations from one place, and brokers don't need to switch between systems. Broker Pilot also provides a convenient page with a calendar view of executed and pending tasks.

The overall dealing desk management becomes more streamlined and efficient, allowing brokers to run and scale their business seamlessly. Their all-in-one tool enables brokers to maximize their time, energy, and resources.

Round-the-clock operations management:

This solution from IndigoSoft is ideal for enterprises looking for in-depth real-time data analytics. Dealers can quickly figure out anomalies and discrepancies in trading accounts' history. Let's look at some of the main features of the operations management system.

Multi-server coverage:

The multi-server coverage ensures that brokers have access to real-time market data. Brokers can also set custom risk tolerances that apply to all accounts. Additionally, the platform allows brokers to set up and manage multiple accounts across various servers easily.

Clients don't need to worry about downtime as the platform is designed to be robust and reliable. It allows them to keep a close eye on the performance of their trading operations and make informed decisions.

Holistic data analysis:

The analytics suite of Broker Pilot provides brokers with a comprehensive view of their trading operations. It helps them to get an in-depth understanding of their performance and make the right decisions.

The platform also allows dealers to identify potential risks and bottlenecks. With real-time analysis, brokers can quickly detect anomalies that could significantly impact their business.

Risk management:

Their solution also provides a comprehensive risk management system to brokers. It allows them to set custom risk limits and monitor their trading accounts. This helps brokers to ensure that their trading strategies are in line with the market conditions.

As risk management is among the essential aspects of a broker's business, Broker Pilot helps them to stay on top of their trading operations. With in-built tools and features, brokers can confidently manage their trading accounts without worrying about potential risks.

A/B/C books:

Broker Pilot also provides A/B/C books, which allows brokers to analyze their exposure and net & coverage volumes. It also helps them to compare their net volumes with those of hedge accounts. Moreover, the A/B/C books can be used to compare performance between different trading platforms.

The A/B/C book feature provides brokers with a comprehensive view of their trading activities to make sure that they are getting the most out of their investments.

Customizable dashboard:

Dealers can customize their dashboards to suit their needs. They can add custom widgets and metrics that they want to track. This allows them to quickly navigate through the system and get an overview of their trading operations.

You can use multiple widgets like charts, tables, and analytics to get a comprehensive view of your trading accounts. The customizable dashboard makes it easy for brokers to track their performance.

Accounts aggregation:

Account aggregation is among the crucial features of Broker Pilot. It allows brokers to connect multiple accounts from different trading platforms and manage them in one central place. IP addresses, CIDs, Agents, emails, and many more filters are supported to aggregate accounts into one profile.

This allows brokers to get an in-depth view of their trading activities and make decisions. It also helps them manage their accounts more efficiently, saving them a lot of time, energy, and money.

Hedge accounts:

The platform offers you a direct connection to your hedge accounts, enabling you to build session metrics, net volumes, exposures, and more. It supports a wide range of trading platforms, such as MT4/5 terminals, FIX connections, and many others.

With the help of this feature, brokers can easily access market data in real-time and make the right decisions. The comprehensive data analysis tools help traders to get a better understanding of their performance and identify potential risks and problems in the process.

Overall, Broker Pilot provides an all-in-one solution for brokers looking to take their trading operations to the next level. With features like holistic data analysis, customizable dashboards, account aggregation, and hedge accounts to support, it helps them to make the most out of their investments.

Related Profiles

The related profile features enable brokers to track traders with similar trading behavior. It helps them to detect any organized trader groups and avoid possible cheating activities on their dealing desk.

This is particularly important in the Forex and CFD markets, where organized traders' groups can have a major impact on your trading operations. The related profile feature helps brokers to identify such traders and take necessary steps to protect their businesses.

Quotes Monitoring:

Dealers can monitor their quotes in real time and make sure that the series of prices remain stable. This helps them to avoid sudden spikes or drops in quotes, which can lead to significant losses.

Moreover, this feature allows them to quote flow comparisons that ensure that they are getting the best prices in the market. This helps them to make sure that their quotes remain competitive and attractive for traders.

Quick team clustering:

The quick team clustering feature of Broker Pilot helps dealers to manage different divisions within their company. It enables them to isolate dealing desk control and make sure that their orders are handled correctly.

This allows them to customize the dealing desk and track the performance of each team member in real-time. This ensures that they are getting the best possible results from their trading operations.

Performance-driven features for clients:

As a broker, you can offer a wide range of features to your clients. Some of the key features provided by Broker Pilot include:

Quotes feed:

Quoted feed lets your clients view all the quotes and prices being offered in your market. This helps them to make decisions and get better returns from their investments. Moreover, there is excellent transparency among the different prices being offered. The quotes feed feature also allows your clients to track the market in real-time.

Sentiment indicator:

A sentiment indicator is a great way to identify market sentiment. It helps traders to get an idea of the overall sentiment of your market and make informed decisions based on it. Dealers can add a sentiment indicator to their website and show the market sentiment of all their trading platforms. This helps them to understand how traders are reacting in the market and make the right decisions.

Trading statistics of clients:

The client's trading statistics provide detailed information about their trading activities. This includes their net volumes, exposures, and session metrics. It also helps your clients to analyze their performance and identify any problems or risks that can affect their trading operations. This helps them to make decisions and get the best outcomes from their investments.

Access to quotes history:

The quotes history feature gives your clients access to the past price data of their trades. This helps them to test their strategies and understand how the market behaves. This allows them to make the right decisions and get better returns from their investments.

Push notification support:

Push notification support helps your clients to stay updated with the latest market developments. They can get notifications about price changes, changes in trading conditions, and any other important news. This helps them make timely decisions and take advantage of market opportunities.

Broker Pilot installation options:

IndigoSoft offers on-premises and SaaS deployment options for Broker Pilot. The on-premises option enables you to host the system on your premises and get full control over it. On the other hand, the SaaS deployment option helps you to reduce your costs and get the system up and running quickly. Let's look at both options in detail:

SaaS-based solution:

The SaaS-based solution of Broker Pilot enables you to quickly deploy the system and get access to all its features. This option helps you to reduce your infrastructure costs and get the system up and running in no time. It also allows you to manage the system from anywhere, anytime.

No plugins are used, and the connection to the broker's trading servers is established via API. This ensures that your data is safe and secure. Moreover, you can easily scale up the system as your business needs change.

On-premises solution:

The on-premises solution of Broker Pilot enables you to host the system on your infrastructure. This option gives you full control over the system and your data. You can also customize the dealing desk according to your requirements and preferences. Moreover, you can add more trading terminals as your business grows.

The on-premises solution also gives you access to the support team 24/7. They will help you with any technical issues and keep your system up and running at all times. Moreover, the team will also provide regular resource monitoring to ensure that your system is running optimally.

Regardless of the option you choose, the platform aggregates data from multiple trading servers in real-time and helps you to manage your dealing desk efficiently. Brokers can integrate with MT4, MT5, and other proprietary trading platforms to access the rich analytics offered by Broker Pilot. With its powerful features and versatile deployment options, it helps traders to make informed decisions and get the best outcomes from their investments.

Supported platforms:

Metatrader 4:

MT4 is among the most popular trading platforms used by traders today. With Broker Pilot, brokers can integrate MT4 into their dealing desk and access the rich analytics that it offers. MT4 offers a wide range of features and tools that help traders to make informed decisions. Some of the robot features of MT4 include advanced charting, expert advisors, and automated trading.

Metatrader 5:

MT5 is the latest successor of MT4 and offers more advanced features than its predecessor. The platform has been designed with a focus on scalability and performance. It also provides improved charting options and various advanced trading tools. The integration of Broker Pilot with MT5 helps traders to get access to the rich analytics offered by the platform.

LibertEX:

LibertEX is a popular trading platform that offers high-performance execution and competitive spreads. It also supports margin trading with leverage. This platform offers advanced trading tools and features that help traders to make informed decisions. With the integration of Broker Pilot, brokers can deliver a more comprehensive trading experience to their customers.

You can also request a demo from Broker Pilot:

You can quickly request a demo from the Broker Pilot team. All you need to do is fill in the form on their website, and they will get back to you with the details. This will help you to understand the features of the platform and decide if it's a good fit for your business. Moreover, their team is always available to help you with any queries related to the platform.

Pricing information:

You can get a quote for Broker Pilot by contacting their sales team. They offer flexible pricing options depending on your broker's setup. You can also schedule a consultation call to understand more about the platform and its features.

Contact details:

If you have any questions regarding Broker Pilot, you can contact IndigoSoft at contact@indigosoft.net or via their live chat feature. The support team is always ready to help you with any queries or issues that you may have. Their support team is responsive and knowledgeable and will help you get the most out of your Broker Pilot experience.

Broker Pilot by IndigoSoft in a nutshell:

To sum up, Broker Pilot is an advanced dealing desk software that helps brokers to manage their trading operations efficiently. It offers powerful features such as real-time market data aggregation, an automated trading system, and custom dealing desks. With its versatile deployment options, it helps traders to make timely decisions and take advantage of opportunities in the markets.

Brokers can easily monitor and control their trading operations with the help of Broker Pilot. This advanced platform helps them to stay ahead of the competition and increase their returns on investments. It is an ideal platform for your business if you want an easy-to-use, secure, and reliable dealing desk solution.

FAQs

What platforms does Broker Pilot support?

This platform supports MetaTrader 4, MetaTrader 5, and LibertEX. All these three platforms offer advanced features and tools for trading.

Can I get a demo of Broker Pilot?

Yes, you can request a demo from the Broker Pilot team. You can book a demo by clicking on the Get Demo link on their website.

What are the benefits of using Broker Pilot?

Broker Pilot helps you to manage your trading operations efficiently. It offers advanced features, such as real-time market data aggregation, an automated trading system, and custom dealing desks.

Can I contact the Broker Pilot team for help?

Yes, you can quickly get in touch with the Broker Pilot team for help. You can contact them via email at contact@indigosoft.net or through their live chat feature.

What is the pricing of Broker Pilot?

The pricing of Broker Pilot depends on your broker's setup. However, you can contact their sales team to get a quote. They offer flexible pricing options according to your needs