What is the Mottai Platform?

Combining a blend of institutional technology expertise from Flextrade with FP Markets’ long history of supporting Retail Clients,
the Mottai Platform offers ASX Traders a Low Latency, responsive Platform with a clear focus on rapid-order entry features.
Mottai delivers a robust trading solution designed for sophisticated traders who demand more from their trading tools.

FP Markets merges the Mottai Trading Platform with the powerful DMA CFD Trading Model
to deliver superior trading solutions.

Platform Features

Advanced forward-caching technology at the browser and server level resulting in a seamless front-end design with low latency.
Fast amend functions for order price and quantity, housed within an advanced order pad with tabbing logic. Traders can also highlight one or multiple orders and take action on more than one order at a time.
Single-click order cancellation through the order pad and multi-order cancellation kill switches.
Parked orders. This new order type allows traders to fill out order tickets in advance of a trading opportunity and have them sit in the order pad in a parked stage. With one click, the trader can send either single or multiple parked orders into the market at the time of their choosing. Whether it's trading multiple stocks in the opening auction, reading the open price of a spot commodity exchange or reacting to interest rate announcements and macro data, with parked orders, you can prepare a basket of trades to capitalise on multiple opportunities easily.

Mottai provides user-customisable order tickets that can be embedded in the client workspace or floating for convenience. All tickets have full tabbing logic and support a range of order entry types such as limit, market, buy/sell stop, One Cancels Other (OCO) orders and multi-leg ‘if done’ OCOs.
Mottai supports keyboard-friendly trading; default hotkeys can be used to open widgets quickly and navigate through the platform. In addition, traders can employ custom hotkeys that correspond to unique order ticket configurations that suit their trading style.
One-click trading—with or without order confirmation—is available through the trading POD component. This can also be added to the charts.
Live ASX news Feed and PDF downloads.
An extensive range of depth, price and news alerts.

Widget Library

Order Ticket: Multi-Asset customisable order ticket
Order Pad: Highly configurable order pad
Execution Blotters: Real-time or linked executions
Positions: Multi-Asset / Multiple Portfolios
Trading Summary: Summary of filled / outstanding orders
Watchlist: Multi-Asset customisable Watchlist
Depth: L1 & L2 streaming, tradeable market depth
Charting: Customisable technical analysis charting package
News: Third Party / Exchange news feeds

TreeMap (HeatMap): Configurable Heatmap function
Pod: ‘One-click’ advanced trading
Amalgamation: Summary of net Position
Ticker: Streaming ticker for last trades
Alerts: An extensive range of price, news and depth alerts
Movers: Sort Market data based on volumes/value traded and percentage change
Time and Sales: Provides live price and volume information for trades executed on the exchange
Media Centre: In-platform training/educational videos as well as market analysis

Comprehensive charting package

Create up to 8 unique workspaces with linkable widgets to deliver a personalised trading experience.
Excel data add-in and custom API access coming soon to make order automation simple and easy for the retail trader.
Access Level 2 market depth with a genuine ASX price feed; this allows traders to add the power of the order book and tape reading to their CFD trading.

Direct Market Access (DMA) Model through the Mottai Platform

All orders hedged in the underlying market instantly.
Receive a genuine level 2 price feed direct from the ASX. Have the ability to see order flow and read the tape with access to course of sales data.
Affect the demand and supply of the underlying security by being a price maker and not a price taker.
Interests aligned with those of your broker as brokers do not profit from client losses on DMA trades.
Access to the full liquidity of the underlying exchange; trade in the opening and closing auction periods.
Compete on a level playing field with all orders treated equally, with strict price-time priority by the exchange.
No price requotes, dealer intervention or artificial slippage.
Never pay a spread wider than that of the physical exchange.
Trade all stocks on the exchange on the long side and the widest variety of shorts available.

Additional Features of the Mottai Platform

Access DMA CFDs on the ASX from as low as 0.05% for wholesale clients or 0.06% for retail clients
An improved replacement of the IressTrader Platform
Platform Speed, Responsiveness, and Fast Order Entry
5:1 Leverage on Stocks as a Retail Trader or 1:20 Leverage on Stocks as a Sophisticated / Wholesale trader
Short Sell over 400 ASX Stocks to speculate on the downside or Hedge Existing Long Exposure

Start Trading on FP Markets Mottai Platform

Mottai - FAQs

What is the Mottai platform?

The Mottai platform is a web-based multi-product execution system, originally designed by Flextrade Pty Ltd for institutional traders to deliver low latency execution in varied and demanding trading conditions.

FP Markets have partnered with Flextrade to provide new platform features aimed at fast order entry, and is offering this new platform to the Australian retail trader for the first time.

What are the key features of the platform?

The key features are split into two categories. The first is the foundational technology that the platform is built on. Mottai uses advanced multi-level caching technology to deliver a web-based solution that is smooth, responsive and offers low latency. The second category revolves around features that enable skilled traders to execute and manage orders efficiently and over multiple securities simultaneously.

Features also include the following:

Tabbing logic—both between and within components.
Keyboard-friendly trading through a range of default hotkeys plus customisable order ticket hotkeys.
Floating and embedded order tickets.
One-click order cancellation.
Fast volume and price order amendments.
Component linking
Right-click option functionality.
A smart order pad that allows multiple order highlighting.
Live ASX News feeds and a full range of depth, price and news alerts.
New parked order features in which you fill out a buy/sell ticket and have it sitting as a line of data in your order pad. You can then push it into the market with one click. Once the order is live, you can also pull it from the market back to a parked stage, or cancel the order.

What products are accessible through the platform?

Initially, the product offering will be Direct Market Access CFDs on the ASX and AXW. Shortly after the go-live data, we will look to introduce FX and Index price feeds. In time, based on client demand, we may look to add other international equity exchanges we offer in other platforms, such as the New York Stock Exchange (NYSE), Nasdaq and the London Stock Exchange (LSE).

Does Mottai provide DMA access?

Yes, all Stock CFDs offered in Mottai will be DMA CFDs. This means access to a genuine exchange price feed with full level-2 market depth; all client orders will be hedged in the underlying market instantly. This will provide price transparency for the client, as well as align the client and broker's interests as FP Markets does not profit from client losses on DMA CFD trades.

Is Mottai an alternative to the Iress Platform?

We are not discontinuing access to the Iress Platform, and Mottai will be offered as an alternative to clients who require increased performance in terms of platform speed and order latency, as well as extra features we have designed specifically with the sophisticated trader in mind.

What is the full cost of Mottai?

The monthly platform cost is $200, and you must subscribe to an ASX price feed for $25/pm. For clients who generate at least $200 in trading commission in a calendar month, FP Markets will rebate $85 in platform costs. In this scenario, the client would pay the remaining $140.