Prop Firm Karma Becomes the Latest to Add Match-Trader to Its Platform Lineup

Tuesday, 06/08/2024 | 08:02 GMT by Damian Chmiel
  • The company leverages Match-Trade Technologies' new integration with TradingView.
  • In recent months, over 50% of leading prop firms have added Match-Trader to their portfolio.
match-trader

Karma Prop Traders announced this week that it's expanding its range of available trading platforms by adding Match-Trader, which was integrated with TradingView charts earlier this month. Additionally, the prop firm announced several updates to its current offerings.

Match-Trader with TradingView Now Available at Karma Prop Traders

Prop firm Karma announced five updates on its official Discord following its successful launch in 2024. The most significant of these is the addition of Match-Trader from Match-Trade Technologies to its current platform lineup.

Eshan Balapatabendi
Eshan Balapatabendi, the Founder of Karma

“We have had an amazing first two months, and I am extremely happy for everyone to be part of Karma,” Eshan Balapatabendi, the company’s Founder, commented.

In addition to integration with Match-Trader, the company also launched an affiliate portal and prepared three different trading contests for its clients. The first is on the Match-Trader platform, the second for affiliates , and the third for Discord users.

Karma thus joins a growing number of prop firms choosing to offer Match-Trader to their clients as an alternative (or main option) to MetaTrader. Since the regulatory dispute with MetaQuotes earlier this year, Match-Trader has gained significant popularity among proprietary trading firms.

Moreover, at the beginning of this month, Match-Trade added TradingView chart integration to its platform and special pricing for challenge accounts. This expands on the existing collaboration between the two companies announced earlier this year.

Alexis Droussiotis
Alexis Droussiotis

“By integrating TradingView charts directly into our platform, we are addressing a key challenge faced by traders who need robust, versatile tools within a unified interface,” said Alexis Droussiotis, Head of the Match-Trader platform. “This upgrade underscores our commitment to meeting traders' needs and enhancing their trading environment.”

Karma is one of the newer brands in the proprietary trading market, operating for only two months, founded by Balapatabendi. He built his industry experience over two years as an individual investor and as a financial influencer, creating content about his results in various traded-funded firms (TFFs).

Match-Trader Increasingly Popular among Prop Firms

Currently, Match-Trader is offered by over half of the top 10 entities operating in this sector, according to PropFirmMatch data.

For example, Equity Edge, which lost access to MetaTrader 5, recently added it to its offerings. An announcement by the prop trading firm on its social media channels noted that “our broker has been facing issues with Platform 5, which has caused all accounts to be invalid.”

The Funded Trader (TFT) clients have also been waiting for the platform launch for a month. The firm has already abandoned MetaQuotes platforms twice this year due to regulatory issues.

“Due to multiple outages of Platform4 and our continuous commitment to ensure our traders have a good trading experience, all Platform4 accounts will now be migrated to MatchTrader,” stated Edoardo Dalla Torre, the CEO, in mid-July.

Karma Prop Traders announced this week that it's expanding its range of available trading platforms by adding Match-Trader, which was integrated with TradingView charts earlier this month. Additionally, the prop firm announced several updates to its current offerings.

Match-Trader with TradingView Now Available at Karma Prop Traders

Prop firm Karma announced five updates on its official Discord following its successful launch in 2024. The most significant of these is the addition of Match-Trader from Match-Trade Technologies to its current platform lineup.

Eshan Balapatabendi
Eshan Balapatabendi, the Founder of Karma

“We have had an amazing first two months, and I am extremely happy for everyone to be part of Karma,” Eshan Balapatabendi, the company’s Founder, commented.

In addition to integration with Match-Trader, the company also launched an affiliate portal and prepared three different trading contests for its clients. The first is on the Match-Trader platform, the second for affiliates , and the third for Discord users.

Karma thus joins a growing number of prop firms choosing to offer Match-Trader to their clients as an alternative (or main option) to MetaTrader. Since the regulatory dispute with MetaQuotes earlier this year, Match-Trader has gained significant popularity among proprietary trading firms.

Moreover, at the beginning of this month, Match-Trade added TradingView chart integration to its platform and special pricing for challenge accounts. This expands on the existing collaboration between the two companies announced earlier this year.

Alexis Droussiotis
Alexis Droussiotis

“By integrating TradingView charts directly into our platform, we are addressing a key challenge faced by traders who need robust, versatile tools within a unified interface,” said Alexis Droussiotis, Head of the Match-Trader platform. “This upgrade underscores our commitment to meeting traders' needs and enhancing their trading environment.”

Karma is one of the newer brands in the proprietary trading market, operating for only two months, founded by Balapatabendi. He built his industry experience over two years as an individual investor and as a financial influencer, creating content about his results in various traded-funded firms (TFFs).

Match-Trader Increasingly Popular among Prop Firms

Currently, Match-Trader is offered by over half of the top 10 entities operating in this sector, according to PropFirmMatch data.

For example, Equity Edge, which lost access to MetaTrader 5, recently added it to its offerings. An announcement by the prop trading firm on its social media channels noted that “our broker has been facing issues with Platform 5, which has caused all accounts to be invalid.”

The Funded Trader (TFT) clients have also been waiting for the platform launch for a month. The firm has already abandoned MetaQuotes platforms twice this year due to regulatory issues.

“Due to multiple outages of Platform4 and our continuous commitment to ensure our traders have a good trading experience, all Platform4 accounts will now be migrated to MatchTrader,” stated Edoardo Dalla Torre, the CEO, in mid-July.

About the Author: Damian Chmiel
Damian Chmiel
  • 1787 Articles
  • 39 Followers
About the Author: Damian Chmiel
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
  • 1787 Articles
  • 39 Followers

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