The controversial prop firm The Funded Trader (TFT) officially launched the popular trading platform provided by Match-Trade Technologies late last week. This wouldn't be noteworthy if not for the fact that TFT promised the imminent start of Match-Trader 10 weeks ago. Despite the delay, customers have finally received the new tool that's gaining popularity among owners and clients of traded-funded firms (TFFs).

Match-Trader Added to TFT's Prop Firm Offering

“We are excited to share that the Match-Trader integration is now live on our platform, offering a wide range of benefits to enhance your trading experience,” the company commented on its official Discord channel. A special marketing campaign was also prepared in connection with the launch of the new platform:

Information about the launch of Match-Trader, which is additionally integrated with TradingView and is supposed to provide access to certain market data and stable servers, also appeared on the company's other social media channels, including X (formerly Twitter).

However, Angelo Ciaramello, the prop firm's Chief Executive Officer (CEO), made his customers wait almost two months for the launch of the new platform. The first announcements of its launch appeared on July 3, 10 weeks before the actual start. At that time, Ciaramello stated that Match-Trader would appear in the offer “soon.”

Operations Not without Controversy

TFT was among the prop firms that suspended their operations in March, in response to licensing issues with US customers and MetaTrader platforms. The company announced a restructuring and relocation of its base to the Cayman Islands, resuming operations around April.

A month ago, Ciaramello announced that he wants to launch a new futures company called The Futures Trader, which will offer a similar business model, but based on the futures market rather than CFDs. The announcement was met with a rather sharp reaction from clients and traders who don't trust TFT's current moves.

Allen de Koker, an entrepreneur and trader, commented on TFT's latest announcement: “Your past actions raise serious concerns. Traders, be cautious and do your own research before getting involved with this company.”

Traders are primarily concerned about the months-long blocking of fund withdrawals. However, according to the latest update from last week, the company has allegedly repaid 30% of arrears to traders and 55% to affiliates .

In a statement on X, the company also mentioned that it has sent out 70% of the accounts owed to traders and addressed accounts breached due to inactivity in 2024.