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Retail FX
Prop Trading Chaos: SI World Shuts Down, while The Prop Trading AU Teases Comeback
2024-07-05T08:38:39.879+02:00
SI World, operated by Stocknet Institute, is leaving the prop trading business.
Meanwhile, ASIC ceased operations of The Prop Trading AU in December 2022.
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Retail FX
Prop Firm Funding Pips Reports DDoS Attack: Payouts amid Disruptions
2024-07-04T15:41:17.585+02:00
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.
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Retail FX
Prop Trading in the UAE: A Side-by-Side Review of How High Profit Splits Attract Traders
2024-06-30T10:58:14.864+02:00
Finance Magnates examined AquaFunded, Blue Guardian, City Traders Imperium, and FundedNext.
All four come from the UAE, currently prop firms' third most popular destination.
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Retail FX
Exclusive: Prop Trading Firm Funded Peaks Partly Acquired by FX Veteran Joshua Dentrinos
2024-06-29T19:15:00.000+02:00
Dentrinos will step in as the interim CEO of the prop trading firm.
His focus will be on organizational restructuring and strengthening the brand.
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Retail FX
Prop Firm UWM Also Relaunches MetaTrader, Signaling Possible Industry Shift
2024-06-25T11:27:56.662+02:00
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.
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Retail FX
Prop Firm Goat Funded Trader Reintroduces MetaTrader 4 After Four-Month Hiatus
2024-06-22T14:57:21.218+02:00
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.
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Retail FX
Trade.com Launches Prop Trading under a Cyprus-Based Entity
2024-06-12T10:08:34.680+02:00
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.
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Retail FX
Prop Firm Alpha Capital Bans 150 Traders Due to Group Trading Allegations
2024-06-10T08:26:24.856+02:00
The company acknowledges that some accounts may have been banned unjustly.
An investigation is underway, and trading will be reinstated for improperly blocked traders.
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Retail FX
Prop Trading in the US: A Side-by-Side Review of How Higher Leverage Attracts Traders
2024-05-30T15:40:15.719+02:00
Finance Magnates examined E8 Markets, Earn2Trade, MyFundedFX, and Smart Prop Trader.
All four come from North America, the most developed proprietary trading market.
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Retail FX
Prop Firm SurgeTrader Shuts Down a Week after Losing Match-Trader License
2024-05-26T18:49:27.818+02:00
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.
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Retail FX
Prop Trading Firm The Funded Trader Promises Comeback: "Pivotal Moment in Our Recovery"
2024-05-26T16:51:06.636+02:00
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.
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Analysis
Prop Trading Showdown: A Side-by-Side Look at FX/CFDs Brokers' Offerings
2024-05-22T14:49:55.494+02:00
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.
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Retail FX
Prop Trading Firm MyFlashFunding’s CEO Responds to Payout Concerns
2024-05-20T18:51:49.032+02:00
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.
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Retail FX
Exclusive: Match-Trader Terminates Prop Firm SurgeTrader’s License
2024-05-20T17:14:37.465+02:00
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."
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Executives
Prop Trading Firm ‘The Trading Pit’ Undergoes Leadership Shifts
2024-05-17T16:46:25.016+02:00
Christoph Radecker and Thomas Heyden depart the firm to pursue new opportunities.
Illimar Mattus and Daniela Egli take on expanded responsibilities amid the transitions.
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Retail FX
Prop Trading Firm True Forex Funds Introduces Match-Trader as Secondary Trading Platform
2024-04-19T15:45:42.957+02:00
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.
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Retail FX
Funding Pips Claims TradeLocker Fell Victim to DDoS, Platform Confirms Only a Day Later
2024-04-18T14:03:23.251+02:00
The attack caused over an hour of downtime on Wednesday.
Interestingly, the attack was first confirmed not by TradeLocker but by a prop firm.
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Retail FX
Prop Trading: FPFX Tech and Your Bourse Collaborate for Enhanced Efficiency
2024-04-09T13:17:34.691+02:00
FPFX's software solution offers features and customizations, including multilingual presentation.
Your Bourse provides solutions for order flow management, smart order routing, auto-hedging, and risk reporting.
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Retail FX
Prop Trading Firm Swift Funding's 'Match-Trader' Tease Ignites Speculation
2024-03-19T19:46:51.311+02:00
Match-Trader, supported by MatchTradeTech, signals a progression in trading technology
Earlier, the firm unveiled plans to integrate DXtrade, aiming to enhance trader benefits.
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Traders Rage as Prop Firm the Funded Trader Delays Payouts for up to a Month
2024-03-15T18:43:56.817+02:00
“I know that this is not what you guys want to hear," the CEO of TFT said on the livestream.
The company claims it paid out $17 million in 2024, while traders say they have not received the money.
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Retail FX
The Discord Revolution: How Your Kids' Gaming Chat Evolved into the Retail Traders' Hub
2024-03-12T15:12:42.158+02:00
The popular app has evolved into a vital retail trader platform, offering real-time signals.
A recent earthquake in prop trading showcased Discord's criticality for conveying key updates like halts and migrations.
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FSMA Warns Public against Dubious Practices of Prop Trading Firms
2024-03-07T13:42:42.514+02:00
Consumers interested in prop trading undergo costly courses, as outlined by the FSMA.
The regulator has observed a worrying rise in prop trading firms' advertising on social media.
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Retail FX
Prop-ageddon: Is Your Prop Firm Still Online? Real Time Updates
2024-02-22T15:41:02.956+02:00
MetaQuotes ended support for proprietary trading, causing industry turmoil.
Check the Finance Magnates live table with a list of the largest companies.
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Retail FX
MyFundedFX Cements DXtrade as MetaQuotes Alternative for US Traders
2024-02-22T11:28:31.909+02:00
The prop firm will begin US client account migration to DXtrade on 23 February.
The move follows MetaQuotes' tighter US compliance, disrupting the prop trading industry.
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Retail FX
Prop Trading Firm True Forex Funds Revives Operations with cTrader Platform
2024-02-22T08:29:44.417+02:00
The firm is relaunching with the implementation of its own-branded cTrader platform.
Earlier, it suspended its operations after MetaQuotes had discontinued its MT4 and MT5 services.
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