- Founded
- 2003-01-01 in Dnipro, Ukraine
- Headquarters
- Dnipro, Ukraine
- info@protrader.com
- Phone
- (380) 567-4031
PFSOFT is a privately held, global B2B technology vendor specializing in multi-asset trading and brokerage software for the financial services industry. Founded in 2003 by Denis Borisovskiy and Peter Fen, the company develops and markets Protrader, an independent, comprehensive brokerage solution that enables banks, brokers, and financial institutions to facilitate trading across Forex, CFDs, equities, futures, options, and spread betting. Headquartered in Dnipro, Ukraine, PFSOFT maintains additional offices in Poland, India, and China, employing approximately 100 people. The company’s core offering, Protrader, is a modular platform comprising a server, back-office system, and multiple front-end applications for desktop, web, and native mobile environments. It supports integration with an unlimited number of liquidity providers, exchanges, and data feeds, and includes tools for algorithmic trading, day trading, and asset management. PFSOFT has established technology partnerships, including integration with Devexperts’ dxFeed for real-time and historical market data. The company primarily serves institutional clients in financial markets and does not operate in the iGaming or gambling sector.
Detailed Review
History
PFSOFT was founded in 2003 by Denis Borisovskiy and Peter Fen, who initially developed charting and quote terminals called ProChart and ProQuotes. Over time, the company evolved its product into a full-stack brokerage platform, Protrader, which became its flagship solution. The company is headquartered in Dnipro, Ukraine, with regional offices in Poland, China, and India.
Business Model
PFSOFT operates as a B2B technology provider, selling white-label brokerage software to financial institutions. Its revenue comes from licensing fees, customization, and support services for the Protrader platform. The company does not take trading positions or operate its own brokerage, maintaining a neutral vendor role.
Products
Protrader is the company’s primary product, a multi-asset trading platform that includes a server/back-office suite, desktop terminal, web application (launched 2018), and native iOS/Android apps. It supports Forex, CFDs, equities, futures, options, and spread betting. The platform offers advanced charting, algorithmic trading, scalping capabilities, and integration with multiple liquidity providers and data feeds. PFSOFT also provides functional APIs for custom connectivity.
Market Position
PFSOFT competes with larger platforms like MetaTrader 4/5, cTrader, and proprietary systems from major fintech vendors. Its differentiation lies in its independence from any single liquidity provider or exchange, giving clients flexibility. The company has a strong presence in emerging markets, particularly India, where it has promoted its multi-asset technology. It has also integrated Devexperts’ dxFeed for low-latency market data from US exchanges.
Leadership
Denis Borisovskiy serves as Co-Founder and CEO, confirmed through corporate history and a press release about the dxFeed partnership. Peter Fen is Co-Founder, listed on the company history page. Oleksandr Kachur is Co-Founder and R&D Director, as per the company’s LinkedIn profile. No other C-level executives have been publicly identified.
Key Products
Protrader
A comprehensive multi-asset brokerage platform including server/back-office, desktop terminal, web application, and native mobile apps. Supports Forex, CFDs, equities, futures, options, and spread betting with advanced charting, algorithmic trading, and API integration.
Offices & Headcount
100 employees (approx.)
Key Persons
- Denis Borisovskiy
Co-Founder & CEO