In the fast-evolving world of FX Prop Firms, staying competitive means adapting swiftly to market conditions, especially during times of turbulence. As the pressure mounts on firms to deliver, maintain client satisfaction, and boost efficiency, finding the right tools to keep things running smoothly becomes essential.
This is where our back office for Forex Proprietary Trading comes in. Kenmore Design’s Prop Firm solution is tailored specifically for Prop Trading, whether it’s Forex or futures – it’s more than just software – it offers a lifeline in uncertain times. Here is why using the right Customer Relationship Management can be a game-changer for your Prop Firm:
1. A fixed monthly cost and no hidden fees!
Your Prop Firm keeps 100% of the profits generated. There is no revenue-sharing requirement – every penny is retained by the Prop Firm.
For many Prop Firms, profit-sharing agreements with service providers can quickly become a hidden drain on finances. By eliminating this burden, Kenmore Design empowers firms to retain full control over their earnings. The revenue you generate stays with you, allowing for healthier growth and reinvestment into your firm’s future.
2. Unlimited Users, Admins, and Challenge programs
In times of rapid growth, flexibility is key. Whether you’re expanding your team, scaling your client base, or offering more Challenge programs, Kenmore Design places no restrictions on the number of active users, admins, or challenges you can run. This kind of scalability is crucial in order to survive in a fluctuating market. You can focus on growing without being held back by your technology stack. Imagine being able to launch new trading programs, onboard as many traders as you like, or expand your administration team – all without worrying about hitting arbitrary limits.
3. Seamless Integration with Payment Systems of Your Choice
Efficient payment management is crucial for any FX Prop Firm and with Kenmore Design’s CRM, handling transactions – whether for challenge entities or withdrawals – is fully customizable. Kenmore Design also offers built-in support for crypto payments, enabling your firm to accept and process cryptocurrencies such as Bitcoin, Ethereum, and Stablecoins. The flexibility ensures your firm can cater to both traditional and crypto-friendly traders.
Traders can withdraw profits using their preferred payment method, and the integration with both traditional Payment Service Providers (PSPs) and crypto PSPs allows you to offer a wide range of options, making it easier to attract and retain clients. Kenmore Design gives you the freedom to choose the payment systems that best suit your needs.
4. Improved Efficiency in a Volatile Market
Market turbulence brings uncertainty, but it also creates opportunities for firms that can move quickly. Kenmore Design’s CRM enables your firm to streamline its processes, improving overall operational efficiency. Whether it’s managing accounts, tracking challenge programs, or handling trader payouts, the CRM automates critical workflows, freeing up time for you and your team to focus on strategy and growth.
When the market becomes unpredictable, this increased efficiency can make the difference between staying ahead of the curve or falling behind.
5. Ensuring Long-Term growth for Your Firm
Kenmore Design’s Prop Firm solution is specifically crafted to evolve alongside your business. It’s built with scalability in mind, so you can expand your operations without the hassle of switching platforms unexpectedly. By choosing a system that grows with your firm, you avoid the challenges of outgrowing your technology. This is especially important during periods of market volatility, where flexibility and the ability to adapt to swift changes are crucial for staying competitive and resilient.
6. Tailored for FX Prop Firms
Kenmore Design’s CRM is expertly tailored to meet the specific needs of Prop Firms, making it far more than just a generic solution. With over 17 years of industry experience, we’ve developed a deep understanding of Prop Firm operations, including key features that directly support growth and trader engagement.
One standout feature is the Affiliates module, which allows traders to become affiliates and invite other traders to join your platform. Affiliates can earn commissions on the purchases made by those they refer, creating an additional revenue stream for your firm while expanding your trader network.
We also offer a powerful Competitions module, enabling your firm to set up trading competitions with customized rules, timeframes, and entry costs. Traders can register for free or pay a fee to participate, and this provides an excellent opportunity to discover new talent.
Prop firms can reward top performers – 1st, 2nd, or 3rd place finishers – with promo codes or free challenge accounts, increasing excitement and interest in your programs. This feature not only drives engagement but also helps you to identify and cultivate skilled traders for long-term success.
By focusing specifically on the needs of FX Prop Firms, Kenmore Design’s CRM delivers a unique, comprehensive solution that empowers firms to grow, innovate, and maintain a competitive edge in the market.