Financial and Business News

Prop Firm The Funded Trader Opens DXtrade and Match-Trader to US and Global Users

Tuesday, 03/09/2024 | 10:44 GMT by Tareq Sikder
  • The platforms include modern interfaces, trading tools, and TradingView integration.
  • Earlier, the firm paused its operations for five months before updating its relaunch.
Prop Trading Trading Screen

The Funded Trader, a proprietary trading firm, has announced that its platforms, DXtrade and Match-Trader, are now available to traders worldwide, including those in the United States. This update was shared via social media platform X.

DXtrade and Match-Trader Launch

The DXtrade and Match-Trader platforms offer various features. These include modern user interfaces, a range of trading tools, and integration with TradingView charts. According to the company, it aims to enhance the trading experience with these updates.

The firm shared on their discord channel: “Experience modern interfaces, comprehensive tools, and enhanced stability with TradingView charts. Elevate your trading game with these cutting-edge platforms today."

The announcement suggests that traders can now access these platforms regardless of their location, providing new opportunities for trading activities.

Earlier, The Funded Trader announced on the social network X that it had migrated to the cTrader platform, affecting around 4,700 traders. The update, shared earlier, included instructions for the migration process. Traders were required to close all open trades by a specified time to ensure accurate balance transfer. If they did not comply, the system automatically closed their trades.

Payouts and Account Restoration

Earlier, five months after pausing operations, The Funded Trader updated its relaunch and stabilization plans, as reported by Finance Magnates. The firm claims that it has issued 30% of owed trader payouts and processed 55% of affiliate payouts.

Additionally, the company stated on X that it has distributed 70% of the trader accounts and addressed those breached due to inactivity in 2024. It is also reviewing 2023 activities to identify traders eligible for account restoration.

The Funded Trader, a proprietary trading firm, has announced that its platforms, DXtrade and Match-Trader, are now available to traders worldwide, including those in the United States. This update was shared via social media platform X.

DXtrade and Match-Trader Launch

The DXtrade and Match-Trader platforms offer various features. These include modern user interfaces, a range of trading tools, and integration with TradingView charts. According to the company, it aims to enhance the trading experience with these updates.

The firm shared on their discord channel: “Experience modern interfaces, comprehensive tools, and enhanced stability with TradingView charts. Elevate your trading game with these cutting-edge platforms today."

The announcement suggests that traders can now access these platforms regardless of their location, providing new opportunities for trading activities.

Earlier, The Funded Trader announced on the social network X that it had migrated to the cTrader platform, affecting around 4,700 traders. The update, shared earlier, included instructions for the migration process. Traders were required to close all open trades by a specified time to ensure accurate balance transfer. If they did not comply, the system automatically closed their trades.

Payouts and Account Restoration

Earlier, five months after pausing operations, The Funded Trader updated its relaunch and stabilization plans, as reported by Finance Magnates. The firm claims that it has issued 30% of owed trader payouts and processed 55% of affiliate payouts.

Additionally, the company stated on X that it has distributed 70% of the trader accounts and addressed those breached due to inactivity in 2024. It is also reviewing 2023 activities to identify traders eligible for account restoration.

About the Author: Tareq Sikder
Tareq Sikder
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Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023. At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London. Education: Honours degree Information Technology, Anfell College, London

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