Skip to content

Industry Leaders Share Insights On Framing Crypto Payments Into Fx Brokerage Business

While the allure of crypto payments is strong, caution is essential. The potential benefits in terms of speed, lower fees, and blockchain efficiency need to be weighed against the risks associated with cryptocurrency volatility. 

In the first part of this review, we examined the potential shift towards crypto payments, weighing the allure of innovation against the volatility that shadows it. Now, in this second part, we compile insights from leading executives and experts within the industry about the viability of integrating cryptocurrency into the array of payment options offered by FX and traditional brokers to their clientele.


Lissele Pratt, a Forbes 30 Under 30 listee and co-founder of Capitalixe, offered valuable insights into the impact of cryptocurrency adoption among FX brokers, including her clients.

Pratt has observed firsthand the benefits of cryptocurrency adoption among FX brokers. She notes a notable increase in repeat business and loyalty from clients, indicating that embracing cryptocurrency payments enhances market competitiveness.

According to Pratt, navigating the regulatory landscape for cryptocurrencies is challenging, as it is still evolving and somewhat akin to the “Wild West.” Despite this uncertainty, she stresses that proactive security measures are essential.

“It’s about setting their own standards in a field where the global rulebook for cryptocurrencies is still in development. Financially, the advantages of cryptocurrencies are evident. They provide a cost-effective and faster alternative to traditional fiat, offering a streamlined and efficient avenue for transactions.”

Pratt acknowledges the financial advantages of cryptocurrencies, such as cost-effectiveness and faster transaction processing compared to traditional fiat currencies. However, she also cautions about the inherent volatility and risks within the crypto market. Brokers must find a balance between leveraging the benefits of cryptocurrencies and navigating their challenges, with a comprehensive understanding of the financial landscape.Lissele Pratt, a Forbes 30 Under 30 listee and co-founder of Capitaixe

“Cryptocurrencies are emerging as a preferred payment method, extending access to a diverse global customer base for FX brokers. Nonetheless, as the industry embraces this transformative shift, a vigilant approach is necessary to adapt to dynamic customer preferences and potential market fluctuations.”

Pratt extends the conversation to include CBDCs, noting that many central banks are considering introducing their own digital cash. CBDCs offer the benefits of cryptocurrencies, such as speed, without the associated risks.

“Dozens of countries are exploring CBDCs as a means to assert sovereignty and leverage the advantages of digital currencies while mitigating potential risks. This multifaceted context adds layers of complexity and opportunity for FX brokers navigating the ever-evolving terrain of cryptocurrencies and digital currencies.”

Pratt concludes that while the benefits of incorporating cryptocurrencies in the FX brokerage industry are substantial, brokers should approach this transformation with a “discerning eye,” considering both the opportunities and challenges.

“Striking a harmonious balance between innovation, security, and financial prudence will be key to sustained success in this dynamic market.”



Read insightful contributions from other industry leaders in this article in Finance Feeds.

Share this article

Get in touch with our team of experts.

Latest News

Companies Use Personality Tests to Understand Their Employees

Companies Use Personality Tests to Understand Their Employees

Employers are finding that personality tests — how their team thinks and feels — are…
20 Smart Investments That Propel Startups Forward

20 Smart Investments That Propel Startups Forward

20 Forbes Business Council members share the strategic investments that propeled their ventures forward. Follow their advice…
Impact Of Mass Payments On Businesses Operating In High-Risk Industries

Impact Of Mass Payments On Businesses Operating In High-Risk Industries

Lissele Pratt is breaking down what mass payments involve and offers practical insights to make…

At Capitalixe, we specialize in helping our clients who are often deemed as “high risk” find the perfect banking and payment solution for their needs. We do this by leveraging our network of over 100+ financial institutions, EMI’s and banks worldwide. Our goal is to help save you time and take the pain of finding trustworthy and suitable solutions away from you.   

Feel free to reach out to us for a complimentary consultation. We will be more than happy to help you. 

Contact us

Our team of experts will reach out to you soon.

Send us an email:

71 – 75 Shelton St. West End, London, WC2H 9JQ, United Kingdom