Pelican Brings Full Copy-Trading Toolset to DXtrade in Expanded Devexperts Tie-Up

§ 01 Executive Snapshot

• What: Pelican expands its integration with DXtrade to include a full copy-trading toolset.
• Who: Pelican Trading and Devexperts.
• Why it matters: This integration enhances brokers' capabilities in the growing copy trading market, allowing access to a wider range of trading strategies and features.

§ 02 Key Developments

• Pelican now offers over 9,000 live strategies sourced from more than 60 brokers across its open copying network.
• The integration allows copying trades across multiple platforms including MT4, MT5, cTrader, DXtrade, and Match-Trade.
• Pelican reports that the network pays out more than $1 million a month on average to introducing brokers.

§ 03 Strategic Context

• The partnership builds on a previous agreement made in 2024, which initially provided DXtrade users with access to Pelican's trading signals.
• The global copy trading market is projected to reach approximately $2.6 billion by 2025, driven by increased retail interest.

§ 04 Strategic Implications

• The expanded toolset positions Pelican favorably in the competitive landscape of copy trading, appealing to brokers seeking cross-platform capabilities.
• Long-term, this integration may enhance broker revenue through automatic performance fees and in-app referrals, encouraging broader adoption of copy trading features.

§ 05 Risks & Constraints

• Regulatory challenges may arise given the various licenses held by Pelican, which could impact its operational flexibility.
• Competition in the copy-trading space is intensifying, with other vendors also enhancing their offerings and integrations.

§ 06 Watchlist / Forward Signals

• Watch for updates on how many brokers currently utilize Pelican's services through DXtrade, which could indicate market penetration success.
• Future developments in the DXtrade vendor stack may signal further enhancements to Pelican's offerings and competitive positioning.