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.
Funding Pips, a prop trading firm, disclosed today via its
Discord channel that it has been experiencing significant disruptions due to a
Distributed Denial-of-Service (DDoS) attack. The attack has affected various
operational processes throughout the day.
Account Issues, DDoS Impact
In a statement, the firm reassured its users that efforts
are underway to restore normalcy swiftly. Specific issues addressed include
minimal email communication from the application. Additionally, some users have
reported multiple accounts on the trading platform that are not visible on the
dashboard.
These accounts are slated for removal. New account creation
following successful payments through crypto providers has been temporarily
blocked. Affected users will still receive their accounts, as the firm retains
records of all successful transactions.
Despite the disruption, Funding Pips highlighted a
positive development: the implementation of measures allowing payout processing
while mitigating the impact of the DDoS attack. However, the firm clarified
that no email notifications will be sent until the DDoS attack is fully
mitigated.
TradeLocker DDoS Attack
Three months ago, TradeLocker
experienced a DDoS attack, causing the platform to be offline for over an
hour, as reported by Finance Magnates.
This outage affected clients and investors of brokers and proprietary trading
firms. Reports of the attack emerged after users of these firms reported
account access issues.
Following recent issues with MetaQuotes’ MetaTrader 4 and 5,
many brokers, including Tradddo, Funding Traders, TopTier Trader, and Funding
Pips, switched to TradeLocker. Funding Pips noted that the platform was down
for just over an hour.
Later, a statement on X suggested that TradeLocker was
targeted by two DDoS attacks. TradeLocker initially did not confirm the attack,
but did so a day later. The company acknowledged that some users experienced
difficulties accessing demo and live accounts, but all pending orders were
executed.
Funding Pips, a prop trading firm, disclosed today via its
Discord channel that it has been experiencing significant disruptions due to a
Distributed Denial-of-Service (DDoS) attack. The attack has affected various
operational processes throughout the day.
Account Issues, DDoS Impact
In a statement, the firm reassured its users that efforts
are underway to restore normalcy swiftly. Specific issues addressed include
minimal email communication from the application. Additionally, some users have
reported multiple accounts on the trading platform that are not visible on the
dashboard.
These accounts are slated for removal. New account creation
following successful payments through crypto providers has been temporarily
blocked. Affected users will still receive their accounts, as the firm retains
records of all successful transactions.
Despite the disruption, Funding Pips highlighted a
positive development: the implementation of measures allowing payout processing
while mitigating the impact of the DDoS attack. However, the firm clarified
that no email notifications will be sent until the DDoS attack is fully
mitigated.
TradeLocker DDoS Attack
Three months ago, TradeLocker
experienced a DDoS attack, causing the platform to be offline for over an
hour, as reported by Finance Magnates.
This outage affected clients and investors of brokers and proprietary trading
firms. Reports of the attack emerged after users of these firms reported
account access issues.
Following recent issues with MetaQuotes’ MetaTrader 4 and 5,
many brokers, including Tradddo, Funding Traders, TopTier Trader, and Funding
Pips, switched to TradeLocker. Funding Pips noted that the platform was down
for just over an hour.
Later, a statement on X suggested that TradeLocker was
targeted by two DDoS attacks. TradeLocker initially did not confirm the attack,
but did so a day later. The company acknowledged that some users experienced
difficulties accessing demo and live accounts, but all pending orders were
executed.
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
📸 Instagram: https://www.instagram.com/financemagnates_official
🐦 X (Twitter): https://twitter.com/financemagnates/
📡 RSS Feed: https://www.financemagnates.com/feed/
▶️ Telegram: https://t.me/financemagnatesnews
Don't miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔
Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨
From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable.
🎬 Watch, share, and join the conversation!
Don’t forget to use the hashtags #fmps #fmps24 #FMevents when sharing.
Stay tuned for more events. See you next time!
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨
From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable.
🎬 Watch, share, and join the conversation!
Don’t forget to use the hashtags #fmps #fmps24 #FMevents when sharing.
Stay tuned for more events. See you next time!
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!