In a move that signals serious ambition in both the retail and prop trading sectors, Cyprus-based fintech XGroup has entered a strategic partnership with Leverate, integrating the all-in-one Sirix platform across its operations. The collaboration marks a critical step forward in XGroup’s global expansion strategy, combining a powerful user experience with institutional-grade backend infrastructure.
According to the official announcement, XGroup will leverage Sirix to enhance its brokerage and prop trading arms simultaneously, while also scaling access to a wider retail audience through an intuitive and analytics-rich trading environment.
Shmulik Kordova, COO of Leverate, commented:
“This alliance with XGroup is a testament to how Leverate’s technology continues to evolve with the needs of the market. We’ve tailored our solution to help XGroup accelerate revenue growth, gain market share, and scale globally. By providing a full technology stack, we allow them to focus purely on marketing and sales.”
Sirix has become increasingly popular among prop firms and brokers alike for its seamless cross-device compatibility, deep analytics, and ability to support both traditional brokerage and funded account challenges under one system. This integration gives XGroup a turnkey infrastructure to support client acquisition, automation, and international scaling.
Jonathan Aziz, Senior Director of Sales at Leverate, added:
“Leverate is a one-stop shop providing the full prop technology to XGroup. This lets them focus on client acquisition and market expansion, while we handle the heavy lifting on the tech side.”
XGroup also announced a key leadership addition to support its commercial growth:
Kalia Kyriakou has joined as Head of Commercial Operations, bringing over a decade of experience in the FX and fintech sectors. Her background in strategic partnerships is seen as instrumental to scaling the business internationally.
Kalia Kyriakou, Head of Commercial Operations at XGroup, said:
“I am excited to join XGroup at such a transformative moment in its global expansion. With a strong reputation for innovation, this collaboration with Leverate allows us to offer market-leading solutions for brokers and prop trading firms alike.”
As more firms aim to internalize their tech stack and reduce reliance on third-party challenge platforms, this partnership reflects a broader industry trend: the convergence of broker-grade infrastructure with the agility of prop trading models.
Stay tuned — PropInsider will be tracking how XGroup’s move influences the competitive landscape for tech-driven prop trading.
XGroup is scaling up in a big way. The Cyprus-based fintech has partnered with Leverate to roll out the powerful Sirix platform across its brokerage and prop trading divisions.
