OTCQB:FDCT
FX MARKET SIZE
$6.6 TRILLION PER DAY
3 MILLION ACTIVE TRADERS
2,000 FX/CRYPTO BROKERS
FX INDUSTRY
PROBLEMS
PROBLEMS
EXPENSIVE & COMPLICATED
The development of a proprietary multi-asset trading platform is complicated & expensive. Robinhood spent close to $176 million in development and marketing at the launch.
LIMITED TECHNOLOGY BUDGET
Medium to small Forex Brokers have a limited budget for dedicated technology and software teams, thus they are dependent on third-party for growth and innovation.
SEVERAL THIRD-PARTY VENDORS
Forex Brokers offer identical trading experiences by licensing from various off-the-shelf software providers, thus increasing the potential for human and configuration errors.
HIGH OPERATING COSTS
FX Prime Brokers pay up to 40% of trading revenue to technology providers to connect, access, and manage trading risk. This limits the profitability of FX Prime Brokers.
FDC is led by a team with in-depth knowledge of building successful FX broker businesses.
We have developed over 2.5 million codes with 15+ years of software development – back office, FX, and Crypto trading platform. Over 30+ years of business development in the FX/OTC landscape.
Condor FX Pro
A fully customizable multi-asset trading platform, back-office, CRM, and FX business solutions to Forex Brokers.
Dedicated Support
FDC develops all components of technology infrastructure in-house and assigns a dedicated team to each FX broker.
One-Stop-Technology
FDC offers a full suite of FX technology infrastructure and business solutions at a competitive price.
License or Own
Through the sale of basic source code, Forex Brokers can customize and brand the platform as a proprietary offering.
ABOUT FDCTECH, INC.
OTCQB: FDCT
FDC was established on January 21, 2016, in the state of Delaware and became a fully reporting company effective August 6, 2018. FDC began trading as of Q4, 2019 on OTCQB as a fully reporting company.
SENIOR MANAGEMENT
FX EXPERIENCE
Mitch Eaglstein and Imran Firoz co-founded the Company in 2016. Each member of FDC’s senior management has dedicated over fifteen years C-level experience in the forex market.
CAPITALIZATION
MARKET CAP
As of 09/08/20, the market value of FDC is $8.23 million (68,626,332 shares @ $0.12). Officers & Directors as a group of five = 53.54%, FRH Group 24.19%, o/s = 68,626,332.
CAPITAL RAISE
RELATED PARTY/PRIVATE/S1
FDC has raised $1 million and $102,950 in convertible debt and equity capital, respectively. The Company has used the capital to develop its technology.
SHARE STRUCTURE
COMMON & PREFERRED STOCK
As of June 30, 2020, total common issued and outstanding = 68,626,332, float = 13,369,667, and total Series A preferred issued and outstanding = 4,000,000.
SERVICE PROVIDERS
SUPPORT TEAM
Auditor: Farber Hass Hurley LLP
Transfer Agent: Globex Transfer, LLC
Counsel: Jolie G. Kahn, Esq.
Banker: GSS Capital Group
Transfer Agent: Globex Transfer, LLC
Counsel: Jolie G. Kahn, Esq.
Banker: GSS Capital Group
LICENSING FEES
CONDOR FX PRO
CONDOR FX PRO
Includes a one-time set-up fee ($5,000) and a monthly maintenance fee ($1,500) to license the trading platform and/or back office.
SOFTWARE
DEVELOPMENT
DEVELOPMENT
The source code is available for $250,000. FDC charges $75 per hour for the first 100 hours, $50 above 100 hours of customized development. A dedicated team is assigned to each project.
INSTITUTIONAL
LIQUIDITY
LIQUIDITY
FDC earns fees on volume traded if a Forex Broker is connected to FDC's liquidity hub using the robust Condor Gateway. The hub connects FX market participants to over 200 leading providers of Forex, cryptocurrencies, and CFD at a fractional cost compared to other conventional trading technology.
Ours is an exceptional Company with an extraordinary team of industry experts and a promising future. To be sure, our brightest days are before us; we look to execute our go-to-market strategies, seek strategic acquisitions, build industry partnerships, and increase shareholder value.
LICENSING AGREEMENTS
We are aggressively signing licensing agreements and onboarding Forex Brokers to our trading platform.
VOLUME BASED FEES
We have tested and integrated Condor FX Pro to three main liquidity hubs where we expect to earn volume-based fees.
VERTICAL INTEGRATION
We are actively seeking acquisition opportunities in our vertical value chain.
COVID-19 & BEYOND
Forex trading increased by 300 percent during COVID-19 due to market volatility. Read here.