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Prop trading
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prop trading
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Interviews
“Prop Trading Risk Is Incredibly Hard to Manage”: PipFarm’s CEO
2024-08-08T09:20:31.087+02:00
Finance Magnates discussed prop trading firms’ risk management and more with James Glyde.
Watch the full video interview below.
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Retail FX
Tools for Brokers Enhances Offerings for Prop Trading Firms: Brings cTrader Package
2024-08-01T07:14:22.046+02:00
The cTrader Prop Trading package includes products from cTrader and Tools for Brokers.
The tech provider will also help prop trading firms with initial setup, migration services, and ongoing technical support.
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Retail FX
Exclusive: Prop Trading Giant FTMO's 2023 Turnover Hits $213 Million
2024-07-31T15:14:18.606+02:00
The turnover of the prop trading firm increased by 20 percent year-over-year.
EBITDA of the company also reached nearly $100 million.
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Aiming to Become “Robinhood of Europe,” They Withdrew from Prop Trading
2024-07-31T09:45:24.783+02:00
Bullo decided to suspend prop-based services due to current regulatory uncertainty.
However, the company doesn't rule out the possibility that prop trading may return in the future.
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Retail FX
Struggling Prop Firm MyFlashFunding Acquired by Sway Funded
2024-07-29T09:09:34.617+02:00
The prop firm founder claims he could have chosen bankruptcy or even run away.
Sway Funded promised an “immediate” payout of traders' funds that have been overdue for several months.
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Retail FX
Prop Firm The Funded Trader to Launch New Futures Company amid Customer Outrage
2024-07-28T16:35:48.548+02:00
The new project is called The Futures Trader and will focus on the contracts market.
The announcement was met with negative reception from clients on social media.
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Prop Trading Firm OANDA Prop Trader Makes Its Way to South Africa
2024-07-27T16:06:15.919+02:00
South African traders can now earn up to 90% profit share by completing a Challenge.
Qualified traders will act as signal providers for OANDA's market positioning.
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ThinkMarkets Teams Up with TradingView to Bring Trading to Desktops
2024-07-26T12:14:03.611+02:00
Users can now trade with the broker’s accounts directly on TradingView.
Recently, the firm launched a prop trading brand named ThinkCapital.
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Retail FX
Blueberry Markets Is the Latest CFDs Broker to Launch Prop Trading Platform
2024-07-25T07:18:14.262+02:00
The prop trading services will be offered under the brand Blueberry Funded.
Although the website is live, the platform has yet to launch the services.
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Another Prop Firm Expands Platform Offerings with MetaTrader
2024-07-18T14:01:56.153+02:00
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.
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Executives
“The UK Might Be the First to Bring Prop Trading Regulations”: Muinmos' CEO
2024-07-18T11:51:17.530+02:00
Finance Magnates discussed prop regulations, MiCA, and more with Remonda Kirketerp-Møller.
Watch the full video interview below.
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Yam Yehoshua
Retail FX
Prop Firm Goat Funded Trader Ditches MetaTrader (Again) and Adds New Platform
2024-07-18T09:04:29.942+02:00
GFT announced that it's adding TradeLocker to its offerings
Simultaneously, the MetaQuotes platform are disabled and users are being moved to MatchTrader.
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Retail FX
Prop Trading Firm The Trader Forge Pauses Operations over “Compliance Challenges”
2024-07-17T13:12:04.681+02:00
The CEO announced a temporary halt, planning to relaunch in early August.
Past mistakes impacted the firm’s reputation, and the CEO took responsibility.
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Executives
Exclusive: “Prop Trading Will Fall under Robust Regulation at Some Point”, CySEC Chair
2024-07-16T12:44:20.326+02:00
Dr. George Theocharides confirmed to Finance Magnates that “there will certainly be more scrutiny on [prop trading] firms in the near future.”
He further pointed out that there will be “a lot of scrutiny across Europe” under MiCA and seeks judicial reform in Cyprus.
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Exclusive: OANDA’s Prop Trading Platform Allows Buying Challenges with Crypto
2024-07-16T08:00:00.000+02:00
Traders can purchase the challenges with top cryptocurrencies and stablecoins, including meme tokens.
The addition of crypto came “in response to rising global demand.”
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Retail FX
Breaking: Prop Trading Firm Funded Engineer Shuts Down
2024-07-15T11:54:46.972+02:00
The company attempted “strategic restructuring” and “cost-cutting measures” and sought investments but failed.
It will now file for bankruptcy.
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Retail FX
Prop Firm Solution Drives Leverate's Push into Dubai, Latin America
2024-07-12T09:57:22.523+02:00
A few months ago, the company introduced white-label products for prop trading.
The technology provider also reported a 70% sales increase.
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OANDA Bets on Prop Trading Expansion with Higher Profit Share and Lower Entry Barriers
2024-07-10T09:42:54.295+02:00
OANDA Prop Trader changes prop challenge conditions to benefit investors.
The changes aim to attract skilled traders amid industry disruptions.
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Another Regulator Warns against Prop Firms, Calls Them Trading “Video Games”
2024-07-08T10:11:19.365+02:00
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.
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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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My Forex Funds Investigation Rattled by CFTC Commissioner Exposing Staff Misconduct
2024-07-04T08:54:36.177+02:00
The commissioner highlights potential false statements made to the court.
She is raising broader concerns about transparency and accountability within the CFTC
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CFDs Broker ThinkMarkets Launches Its Own Prop Trading Brand
2024-07-03T10:03:36.862+02:00
The prop trading services are offered under the brand ThinkCapital.
It is operated by a UAE-registered entity.
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Executives
Exclusive: Prop Trading Giant FTMO Strengthens C-Suite with New CFO and Head of Legal
2024-07-03T09:00:00.000+02:00
Radek Dyntar has been appointed as CFO and Eva Svobodová as the Chief Legal Officer.
The appointments came as the firm is launching brokerage services and regulators are considering regulating prop trading.
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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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