The CEO announced a temporary halt, planning to relaunch in early August.
Past mistakes impacted the firm’s reputation, and the CEO took responsibility.
The Trader Forge has announced a temporary pause in all
operations due to unforeseen circumstances. This decision affects all aspects
of the business and comes as a disappointment to clients and stakeholders.
In a message from the CEO, the firm acknowledged the
frustration this may cause. The CEO expressed regret for any disruptions
experienced by clients and offered an apology for the situation.
Compliance Challenges
According to the message, compliance and regulatory issues
are significant factors contributing to these delays. The CEO requested
understanding as the firm worked to address these matters. The timing of the
launch coincided with these unexpected obstacles, which has complicated the
situation further.
Despite these challenges, The Trader Forge aims to resume
operations smoothly on August 1. All accounts and account types will be
included in this restart, regardless of the clients' geographical locations.
This includes clients in Europe, Africa, Asia, and Italy.
Source: Discord
Additionally, the company announced a new partnership with
Horizon Capital. This collaboration will introduce the “Kronos and
Kratos” challenge, set to begin in the first week of August. The CEO acknowledged that launching new technology in this
industry has proven more difficult than expected. Past mistakes have affected
the firm’s reputation, and the CEO accepted responsibility for these errors.
He
indicated that these firms may eventually fall under a strong regulatory
framework. Recently, the European Securities and Markets Authority began
examining prop trading firms and considering potential regulations.
The Czech
regulator also noted that these firms might be subject to MiFID. However, Dr.
Theocharides emphasized that discussions among regulators are still in the
early stages, and it’s premature to predict the specific regulatory framework
for prop trading.
The Trader Forge has announced a temporary pause in all
operations due to unforeseen circumstances. This decision affects all aspects
of the business and comes as a disappointment to clients and stakeholders.
In a message from the CEO, the firm acknowledged the
frustration this may cause. The CEO expressed regret for any disruptions
experienced by clients and offered an apology for the situation.
Compliance Challenges
According to the message, compliance and regulatory issues
are significant factors contributing to these delays. The CEO requested
understanding as the firm worked to address these matters. The timing of the
launch coincided with these unexpected obstacles, which has complicated the
situation further.
Despite these challenges, The Trader Forge aims to resume
operations smoothly on August 1. All accounts and account types will be
included in this restart, regardless of the clients' geographical locations.
This includes clients in Europe, Africa, Asia, and Italy.
Source: Discord
Additionally, the company announced a new partnership with
Horizon Capital. This collaboration will introduce the “Kronos and
Kratos” challenge, set to begin in the first week of August. The CEO acknowledged that launching new technology in this
industry has proven more difficult than expected. Past mistakes have affected
the firm’s reputation, and the CEO accepted responsibility for these errors.
He
indicated that these firms may eventually fall under a strong regulatory
framework. Recently, the European Securities and Markets Authority began
examining prop trading firms and considering potential regulations.
The Czech
regulator also noted that these firms might be subject to MiFID. However, Dr.
Theocharides emphasized that discussions among regulators are still in the
early stages, and it’s premature to predict the specific regulatory framework
for prop trading.
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
ESMA’s Common Supervisory Action Follows Enforcement: Should CFD Brokers Be Worried?
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👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
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Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
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We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
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In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
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In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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📸 Instagram: https://www.instagram.com/financemagnates
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▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
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Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
