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Retail FX
Prop Trading Firm for Traders Joins DXTrade Migration Wave
2024-02-23T16:12:20.103+02:00
This move reflects a broader trend in the proprietary trading industry.
Recently, The Funded Trader, Swift Funding, and Lark Funding embraced DXTrade.
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Retail FX
Prop Trading Firm Funded Engineer Begins Trading Account Rollout
2024-02-23T10:48:06.894+02:00
Hundreds of trading accounts have been distributed, with plans to add 2,000-2,500 more per day.
Earlier, Purple Trading suspended its MT4 and MT5 services for the firm.
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Retail FX
Prop Trading Firm the Funded Trader Joins Counterparts in DXTrade Migration
2024-02-22T22:09:17.958+02:00
This step followed similar moves by other proprietary trading firms like Swift Funding.
Several proprietary trading companies have announced significant changes affecting US clients amid regulatory pressure.
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Retail FX
Prop Trading Firm Swift Funding to Integrate DXtrade amid Industry Crackdown
2024-02-22T20:17:30.023+02:00
This planned integration arrived amid a crackdown against the proprietary trading sector.
The step aims to improve execution speeds and provide access to a broader range of trading instruments.
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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
Prop Trading Firm Instant Funding Grapples with ThinkMarkets' Service Termination in US
2024-02-22T13:29:40.643+02:00
On February 23, services to proprietary firm clients in the United States will be discontinued.
The firm has planned to introduce DXtrade, available to both US traders and globally.
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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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Retail FX
Prop Trading Firm Lark Funding Ceases Purchases for US Clients, Embraces DXTrade
2024-02-21T17:36:43.374+02:00
The platform plans to migrate existing US traders to DXTrade.
This development followed a crackdown in the proprietary trading industry, affecting US clients.
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Retail FX
If MetaQuotes Passes on the Prop Trading Business, Should You Too?
2024-02-21T15:40:00.000+02:00
This is a perfect storm: platform providers have been waiting for such turbulence and shouldn’t miss on it.
Discerning between the ethical standards of a regular FX provider and a trader-funded firm proves challenging.
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Retail FX
"Beginning of the End": Axi Predicts Collapse of Demo Account Prop Trading Model
2024-02-21T13:09:44.875+02:00
Unlike most prop firms, the Aussie broker offers live trading environments.
The number of active customers on Axi Select jumped 40 percent month-over-month.
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Retail FX
Prop Trading Firm Instant Funding Confirms ThinkMarkets’ Upcoming Restrictions
2024-02-21T08:55:18.119+02:00
ThinkMarkets will terminate stop services to prop firms’ clients in the US starting February 23.
Finance Magnates received confirmation on ThinkMarkets' decision to restrict services to prop trading businesses.
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Retail FX
Breaking: Prop Trading Firm Blue Guardian Joins Others to Restrict US Clients
2024-02-20T07:21:27.737+02:00
The prop trading firm will integrate DXtrade by the end of this month to resume services for US clients.
Bespoke, Audacity Capital, Alpha Capital, and MyFundedFX restricted US services in the same day.
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Retail FX
Prop Trading Firm FTMO Restores MetaTrader Mobile Functionality, but Not for All
2024-02-19T14:27:51.579+02:00
MetaTrader servers for FTMO are back after unexpected downtime.
However, the prop firm's clients from the USA can no longer use MT4 and MT5.
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Retail FX
Breaking: 13-Year-Old Prop Trading Firm Audacity Capital Suspends US Client Onboarding
2024-02-19T14:23:25.613+02:00
The London-based prop firm called the move “temporary.”
Several other prop trading firms also restricted services in the US in the last two weeks.
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Retail FX
Prop Trading Firms’ Renaissance: Cutting US Clients, Integrating New Trading Platforms
2024-02-19T12:27:58.048+02:00
Many prop platforms have confirmed the restrictions of their services to US-based customers.
Prop platforms are also integrating MetaTrader competitors, like cTrader, Match-Trade, DXtrade, and several others.
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Retail FX
Prop Trading Firm Crypto Fund Trader Terminates MT5 Services for US Clients
2024-02-19T09:13:53.288+02:00
The company's operator specified that the decision was made as it intends to keep its MetaTrader license.
It will continue to offer services in the US with the CFT platform.
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Arnab Shome
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Retail FX
Prop Trading Crackdown Continues: The5ers Temporarily Blocks US Traders
2024-02-16T21:10:54.638+02:00
Compliance concerns prompted The5ers to temporarily halt onboarding traders in the US.
The5ers has assured its clients that efforts are underway to update its guidelines.
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Retail FX
Breaking: Eightcap Terminates Services for Prop Trading Firms
2024-02-15T19:30:13.358+02:00
Multiple prop trading firms claimed that Eightcap is terminating its services, and they are migrating to other new brokers.
Finance Magnates reached out to Eightcap which has "not confirmed the accuracy, or endorsed the contents, of the article or substance of various twitter/X comments."
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Exclusive: Prop Trading Firm Smart Prop Trader Shifts to New Brokers, Will Add cTrader
2024-02-15T18:41:44.216+02:00
The company is the latest victim of a recent crackdown against proprietary trading firms.
Smart Prop Trader mentioned that plans for the migration are underway.
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Retail FX
Prop Trading and MetaQuotes: Funding Pips Case May Mark the End of MT Access to US Clients
2024-02-15T10:46:48.223+02:00
Blackbull Markets and Purple Trading recently terminated offering grey label MetaTrader services to prop trading firms.
Insiders point out that MetaQuotes is flagging the platforms due to active US clients.
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Arnab Shome
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Retail FX
Exclusive: Havoc in Prop Trading Sector as Funding Pips Stops Services
2024-02-14T15:32:29.584+02:00
The prop trading firm closed trading and stopped services for all traders.
Blackbull Markets terminated its agreement with the prop trading firm as MetaQuotes forced the broker.
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Prop Trading Firm Funded Engineer’s Troubles Continue: Purple Trading to Suspend Services
2024-02-12T10:26:39.664+02:00
The prop trading firm already named Think Markets and Blueberry Markets as its potential brokerage partners.
However, its services will be unavailable to US citizens and residents.
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Retail FX
Breaking: FPFX Technologies Revokes License of Proprietary Trading Firm Funded Engineer
2024-02-07T22:00:35.971+02:00
The termination involves ending both the license agreement and all related services provided to Funded Engineer.
FPFX is a technology provider in the proprietary trading landscape.
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Brokers
Best Prop Trading Firms of 2024
2024-02-01T10:51:38.720+02:00
Which prop trading firms rank as the best and most trusted in 2024?
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Retail FX
"Prop Trading Is like Uber”: FMLS:23 Highlights Tech-Driven Changes in Retail Trading
2024-01-29T23:01:00.000+02:00
Watch the "Where's The Alpha? Technology and Products in Retail Trading" panel during FMLS:23.
Experts highlighted the role of technology in risk management and efficiency in retail trading.
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