Pipsend

Your brokerage's risk, under control.

Margin, stop-out, routing and rules evaluated in real time, without depending on someone watching.

Move the market and see what happens.

An account with four open positions. As the market falls, the margin level drops to the margin call and the stop-out closes the worst position first.

Illustrative example with a margin call at 100% and a stop-out at 50%. In Pipsend these levels are set per trading group.

Margin levelHealthy

263%

50%100%

Equity $10,000

Used margin $3,800

  • XAUUSDbuy0.80+-0.00
  • EURUSDbuy2.00+-0.00
  • BTCUSDbuy0.40+-0.00
  • USDJPYsell1.00+0.00

You decide where each order goes.

  • A-Book

    The order goes out to your liquidity provider over FIX 4.4.

  • B-Book

    The order is executed internally and the risk stays on your book.

  • Everything tagged

    Every trade is marked A-Book or B-Book in your reports.

A-Book

External liquidity · FIX 4.4

B-Book

Internal execution

  • #20424EURUSDbuy1.00A-BOOK
  • #20422XAUUSDsell0.50B-BOOK
  • #20420GBPUSDbuy2.00A-BOOK
  • #20418US30sell0.10B-BOOK
Risk rules8 rule types
  • Max daily loss

    -$1,500 / day

  • Max drawdown

    20% of balance

  • Exposure per symbol

    70% of equity

  • Leverage per trade

    1:100

Eight rules. Four actions.

Alert

Notifies your risk team.

Close all

Closes the account's positions.

Freeze

Locks the account for review.

Reject the order

Stops the trade before it executes.

Launch your platform in weeks, not months.

Book a demo and connect your operation with Pipsend, with nothing to build from scratch.