ActForex, Inc

History & Background

ActForex was founded in 2000 by Ilya Sorokin, who previously led technology initiatives in the financial sector. The company quickly established itself as one of the first innovators of independent retail Forex trading technology, differentiating itself from broker-owned platforms by offering a neutral, white-label solution. This allowed brokerages to deploy their own branded trading environments without building the technology in-house. By 2009, ActForex had launched its flagship ActTrader platform, which introduced visual algorithmic trading capabilities in 2011, enabling retail traders to create automated strategies without coding. In 2012, FCStone (now part of StoneX) licensed the platform, marking a major institutional adoption. In 2013, ActForex acquired an ownership interest in UniTrader, expanding its presence in the turnkey brokerage space. A significant corporate event occurred in July 2021, when the FINVASIA Group announced the acquisition of ActTrader Technologies. This transaction brought the ActTrader platform into a global fintech conglomerate, while ActForex, Inc. continued as the overarching corporate entity managing other products and legacy operations. The company remains privately held.

Products & Platforms

ActForex's core offering is the ActTrader platform, a multi-asset trading engine that supports spot FX, CFDs, cryptocurrencies, and tokenised assets. It is available on desktop, web, and mobile via ActPad for iPad. The platform features advanced charting, algorithmic trading tools, and a marketplace for add-ons. The company also offers turnkey solutions such as enterpriseFX and enterpriseFX Pro, which provide brokers with fully hosted platforms including back-office administration, risk management, and liquidity integration. Specialised tools include ActIBroker for introducing brokers, ActFundManager for money managers, and CommandFX for risk management and dealing desk operations.

Market Presence & Clientele

ActForex platforms are used by over 120 market makers and 3,000 introducing brokers worldwide, with an end-user base exceeding 200,000 retail traders across 15 languages. The company's client portfolio has included major names such as FXCM, FX Solutions, and FCStone/StoneX, as well as regional brokerages like Grupo AGSF in Mexico. As a technology provider, ActForex does not hold direct regulatory licenses for Forex trading, but its platforms are deployed by regulated brokers globally.

Recent Developments

In December 2021, ActForex released enterpriseFX 3.0, a major upgrade to its turnkey trading solution. The July 2021 acquisition of ActTrader Technologies by the FINVASIA Group was a pivotal moment, though ActForex, Inc. retains its corporate identity. Earlier milestones include the 2015 expansion of its technology partnership with Grupo AGSF in Mexico and the 2013 acquisition of a stake in UniTrader. The company continues to operate from its headquarters in New York City with a workforce estimated at 51-200 employees.