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XiroLink as an alternative to Tapas

If you are evaluating Tapas, here is what XiroLink offers and the questions worth putting to both vendors before you sign.

  • Flat monthly pricing from $799 with no volume fees, so costs do not grow with your flow
  • LPs over FIX 4.4 or TCP, platforms over FIX, TCP or WebSocket, plus MT4 and MT5 datafeeds
  • Best price or priority with failover, chosen per symbol
  • Synthetic instruments and risk accounts in the same dashboard
  • Hosted for you, with a dedicated server and 99.9% SLA on Enterprise
XiroLink live prices

Questions to ask Tapas and XiroLink

Vendors change their terms, so we only answer for XiroLink. Ask Tapas the same questions and compare the answers side by side.

  • PricingHow is it priced, and is there a volume fee?Flat monthly plans: Standard $799, Professional $1,499, Enterprise $2,499. No volume fees.
  • PricingWhat does growing cost?Extra LPs and modules are $200 a month each. Enterprise is unlimited.
  • ConnectivityHow do liquidity providers connect?FIX 4.4, TCP or Massive market data (forex, metals and crypto), each with its own session, reconnect and silent-feed watchdog.
  • ConnectivityDoes it work with Centroid?Yes, both ways, following Centroid's FIX 4.4 specifications.
  • ConnectivityCan several bridges share one LP connection?Yes. Xiro Connect shares prices between your bridges with a share key and fixed IPs.
  • ConnectivityDoes it route orders, or distribute prices?XiroLink distributes prices. Orders stay with your platform and the execution setup you already have.
  • ConnectivityHow do my platforms connect?FIX, TCP or WebSocket, and MetaTrader 4 and 5 datafeed plugins.
  • Pricing engineHow are prices from several LPs combined?Per symbol: one maker, best bid and ask, or priority with automatic failover.
  • Pricing engineCan each platform get its own spreads?Yes. Markup profiles per taker with default points, three one-click multipliers, spread minimum and maximum, and a guard that never sends a crossed quote.
  • Pricing engineCan I create synthetic instruments?Formula symbols and eleven families of generated indices, included from Professional.
  • RiskCan I keep books for coverage and house accounts?Yes. Ledger, live P&L, growth, drawdown and exposure, included from Professional.
  • OperationsCan I change configuration without a restart?Yes. Changes apply live, and single connections restart on their own.
  • OperationsHow will I know when something breaks?A dashboard of what needs attention, stale price alerts per symbol, and alerts by email, Telegram, Slack or Teams and webhooks.
  • SecurityHow is access secured and audited?Two-factor sign-in, admin and viewer roles, IP blocking and an audit log of every change.
  • ServiceWho hosts it, and is there an SLA?We host it, each broker on its own server with a fixed IP. Enterprise adds the region of your choice, its own subdomain and a 99.9% uptime SLA.

Moving from Tapas?

We help you map your symbols and markups and connect your LPs, so you can test XiroLink alongside your current setup before you switch.