The Trading Pit Prop Firm Launches Seychelles-Regulated CFD Brokerage in Limited Rollout

The Trading Pit has opened a Seychelles-regulated brokerage called TTP Markets, becoming the latest prop firm to enter the CFD brokerage space amid a wave of similar moves across the industry.

The firm is starting with a restricted rollout, onboarding only a limited number of what it calls “hand-picked successful retail and corporate prop traders” from its existing community.

According to the press release, the launch doesn't represent a broad commercial push into retail brokerage but rather a test bed for regulatory infrastructure, the firm says it needs for long-term international expansion.

“Throughout my career in the financial markets, I've seen that sustainable growth comes from building the right foundations early,” Illimar Mattus, founder of The Trading Pit, said. “Establishing TTP Markets allows us to shape our own regulatory path and prepare the business for the next phase of global development.”

Prop Firms Double Down on Brokerage Operations

The Trading Pit's move follows a pattern that has accelerated over the past year. FTMO acquired OANDA in December 2025, while The5ers' founders launched TSG, a CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term-licensed brokerage, around the same time. TTT Markets also entered the CFD brokerage business in January 2026, operating on MT5 and proprietary technology.

• Seacrest Ends Prop Trading After Integrating MyFundedFX, Shifts Focus to CFDs
• Prop Firm Founded by Ex-Citi Managing Directors Rebrands After First Year
• This Prop Firm Just Got Hit With Its Second CME Fine in 18 Months, Total Penalties Reach $245K

The Trading Pit's choice of Seychelles places it somewhere between the more established European regulatory frameworks and the lighter-touch offshore jurisdictions. The Seychelles Financial Services Authority, established in 2013, oversees non-bank financial services and requires brokers to maintain local offices and appoint qualified directors.

In the meantime, many firms have pursued offshore licenses primarily to secure direct MetaTrader access from MetaQuotes, which tightened its licensing policies for prop firms. FundedNext sought licenses in Dubai and Mauritius while initially operating under a Comoros license. City Traders Imperium also established a Comoros entity to launch in-house MT5 capabilities.

Controlled Expansion Tied to Product Rollout

The firm said TTP Markets will expand “as new products and services are rolled out for prop traders,” suggesting the brokerage isn't meant to operate as a standalone retail business in the near term.

The Trading Pit, which operates simulated trading challenges across futures, CFDs, stocks, and crypto, has previously integrated cTrader for its Prime CFDs challenges with liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term from Tickmill.

“TTP Markets gives us the regulatory infrastructure needed to expand in a controlled and responsible way,” Daniela Egli, the firm's CEO, added. “By taking a phased approach and prioritizing governance, we are ensuring that future growth is both scalable and compliant across jurisdictions.”

Multi-Jurisdictional Ambitions

The Trading Pit, headquartered in Liechtenstein with offices in Spain and Cyprus, said it plans to “extend regulatory coverage into additional jurisdictions” over time. The firm offers traders profit shares of up to 80% on simulated trading performance and operates in over 160 countries with partnerships across multiple institutional liquidity providers.

The brokerage initiative reflects what the company called an “institutional mindset” and a focus on building “a diversified and resilient regulatory base.” Whether that translates into broader retail brokerage services or remains primarily a tool for its prop trading operations will become clearer as the firm moves through its phased rollout.