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Retail FX

Another Prop Firm Expands Platform Offerings with MetaTrader

Axe Trader has announced the addition of MetaQuotes products to its platform portfolio.
From now on, it will allow clients to trade using MT 4 and 5.

Thursday, 18/07/2024 | 12:01 GMT by Damian Chmiel

Retail FX

Prop Firm Goat Funded Trader Ditches MetaTrader (Again) and Adds New Platform

GFT announced that it's adding TradeLocker to its offerings
Simultaneously, the MetaQuotes platform are disabled and users are being moved to MatchTrader.

Thursday, 18/07/2024 | 07:04 GMT by Damian Chmiel

Retail FX

Exclusive: OANDA’s Prop Trading Platform Allows Buying Challenges with Crypto

Traders can purchase the challenges with top cryptocurrencies and stablecoins, including meme tokens.
The addition of crypto came “in response to rising global demand.”

Tuesday, 16/07/2024 | 06:00 GMT by Arnab Shome

Thought Leaders

Why Prop Firms Are Closing

FunderPro is dedicated to empowering firms to adopt a new proprietary trading model.

Monday, 15/07/2024 | 10:48 GMT by Alex Zanutto

Retail FX

Breaking: Prop Trading Firm Funded Engineer Shuts Down

The company attempted “strategic restructuring” and “cost-cutting measures” and sought investments but failed.
It will now file for bankruptcy.

Monday, 15/07/2024 | 09:54 GMT by Arnab Shome

Retail FX

Prop Firm Solution Drives Leverate's Push into Dubai, Latin America

A few months ago, the company introduced white-label products for prop trading.
The technology provider also reported a 70% sales increase.

Friday, 12/07/2024 | 07:57 GMT by Damian Chmiel

Executives

Trent Hoerr Steps Up as CEO of BullRush Following Stint at FPFX

Before FPFX, Hoerr led sales at Forest Park FX, focusing on customized financial solutions.
Earlier, as Global Head of Operations at Direct FX Trading, he contributed to operational efficiency in Chicago.

Thursday, 11/07/2024 | 15:17 GMT by Tareq Sikder

Retail FX

OANDA Bets on Prop Trading Expansion with Higher Profit Share and Lower Entry Barriers

OANDA Prop Trader changes prop challenge conditions to benefit investors.
The changes aim to attract skilled traders amid industry disruptions.

Wednesday, 10/07/2024 | 07:42 GMT by Damian Chmiel

Retail FX

Another Regulator Warns against Prop Firms, Calls Them Trading “Video Games”

Italian Consob, along with FSMA and CNMV, is warning against proprietary trading.
According to the institution, its growing popularity carries significant risks for investors and their capital.

Monday, 08/07/2024 | 08:11 GMT by Damian Chmiel

Retail FX

Prop Trading Chaos: SI World Shuts Down, while The Prop Trading AU Teases Comeback

SI World, operated by Stocknet Institute, is leaving the prop trading business.
Meanwhile, ASIC ceased operations of The Prop Trading AU in December 2022.

Friday, 05/07/2024 | 06:38 GMT by Arnab Shome

Retail FX

Prop Firm Funding Pips Reports DDoS Attack: Payouts amid Disruptions

Users reported issues with email communication and hidden accounts on the platform.
3 months ago, TradeLocker, the platform provider for Funding Pips, faced a DDoS attack.

Thursday, 04/07/2024 | 13:41 GMT by Tareq Sikder

Retail FX

Prop Trading in the UAE: A Side-by-Side Review of How High Profit Splits Attract Traders

Finance Magnates examined AquaFunded, Blue Guardian, City Traders Imperium, and FundedNext.
All four come from the UAE, currently prop firms' third most popular destination.

Sunday, 30/06/2024 | 08:58 GMT by Damian Chmiel

Retail FX

Exclusive: Prop Trading Firm Funded Peaks Partly Acquired by FX Veteran Joshua Dentrinos

Dentrinos will step in as the interim CEO of the prop trading firm.
His focus will be on organizational restructuring and strengthening the brand.

Saturday, 29/06/2024 | 17:15 GMT by Arnab Shome

Retail FX

Prop Firm UWM Also Relaunches MetaTrader, Signaling Possible Industry Shift

Four months ago, the prop companies switched to MetaTrader alternatives after MetaQuotes decided to ban US clients.
However, on Saturday GFT relaunched it, and now UMW is following, signaling a potential market change.

Tuesday, 25/06/2024 | 09:27 GMT by Damian Chmiel

Retail FX

Prop Firm Goat Funded Trader Reintroduces MetaTrader 4 After Four-Month Hiatus

The company claims the move was possible due to its own in-house technology.
In addition to MT4 and new tech solutions, the company also unveiled a revamped website.

Saturday, 22/06/2024 | 12:57 GMT by Damian Chmiel

Retail FX

Trade.com Launches Prop Trading under a Cyprus-Based Entity

The Cyprus entity operating Trade.com’s prop trading brand is different from the one licensed by CySEC.
The prop trading services are not being offered in Japan, Canada, Belgium, and the USA.

Wednesday, 12/06/2024 | 08:08 GMT by Arnab Shome

Retail FX

Prop Firm Alpha Capital Bans 150 Traders Due to Group Trading Allegations

The company acknowledges that some accounts may have been banned unjustly.
An investigation is underway, and trading will be reinstated for improperly blocked traders.

Monday, 10/06/2024 | 06:26 GMT by Damian Chmiel

Retail FX

Prop Trading in the US: A Side-by-Side Review of How Higher Leverage Attracts Traders

Finance Magnates examined E8 Markets, Earn2Trade, MyFundedFX, and Smart Prop Trader.
All four come from North America, the most developed proprietary trading market.

Thursday, 30/05/2024 | 13:40 GMT by Damian Chmiel

Retail FX

Prop Firm SurgeTrader Shuts Down a Week after Losing Match-Trader License

After losing access to the MetaQuotes, the company also lost the Match-Trade Technologies deal.
This forced the prop trading firm to cease its operations.

Sunday, 26/05/2024 | 16:49 GMT by Damian Chmiel

Retail FX

Prop Trading Firm The Funded Trader Promises Comeback: "Pivotal Moment in Our Recovery"

TFT claims it has secured new partnerships that have enabled the unlocking of funds.
The company also plans to relocate its operations to the Cayman Islands.

Sunday, 26/05/2024 | 14:51 GMT by Damian Chmiel

Analysis

Prop Trading Showdown: A Side-by-Side Look at FX/CFDs Brokers' Offerings

Axi, Hantec Markets, OANDA and IC Markets now offer prop trading.
CFD brokers offer a safer and more regulated trading environment, unlike other prop firms.

Wednesday, 22/05/2024 | 12:49 GMT by Damian Chmiel

Retail FX

Prop Trading Firm MyFlashFunding’s CEO Responds to Payout Concerns

The CEO has stated that payout adjustments were required only once due to a technical issue.
He acknowledges a few cases where payouts were denied for clear violations of trading rules.

Monday, 20/05/2024 | 16:51 GMT by Tareq Sikder

Retail FX

Exclusive: Match-Trader Terminates Prop Firm SurgeTrader’s License

The Florida-based company states that the move was "unwarranted and harmful."
However, Match-Trader claims that the prop firm "failed to meet the formal requirements."

Monday, 20/05/2024 | 15:14 GMT by Damian Chmiel

Executives

Prop Trading Firm ‘The Trading Pit’ Undergoes Leadership Shifts

Christoph Radecker and Thomas Heyden depart the firm to pursue new opportunities.
Illimar Mattus and Daniela Egli take on expanded responsibilities amid the transitions.

Friday, 17/05/2024 | 14:46 GMT by Tareq Sikder

Retail FX

Prop Trading Firm True Forex Funds Introduces Match-Trader as Secondary Trading Platform

The platform is currently available in specific countries, including Germany, Austria, Sweden, and Hungary.
The firm faced disruption when MetaQuotes revoked its MT4 and MT5 licenses.

Friday, 19/04/2024 | 13:45 GMT by Tareq Sikder

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