The platform plans to migrate existing US traders to DXTrade.
This development followed a crackdown in the proprietary trading industry, affecting US clients.
The CEO of Lark Funding, Matt L., has confirmed that the
proprietary trading platform is no longer accepting purchases from US clients.
According to a post on Discord, the company plans to migrate existing US
traders to DXTrade.
Proprietary Trading Firms Exclude US Traders
Matt L. mentioned: "We hope to allow new US registrations in the near future if the regulatory scene allows. We want to
emphasize that this DOES NOT impact clients outside of the US. We know how
frustrating the current scene is for US traders, and we are doing our best to
find additional options for you all in the near future."
In a post on X that was later taken down, Matt L said that
Lark Funding was not solely depending on ThinkMarkets and was actively
exploring partnerships with other brokers to diversify options for traders. He
emphasized the importance of having multiple brokerage options to ensure
resilience and flexibility in the firm's trading operations.
Matt L mentioned: "ThinkMarkets
has reassured us several times over the last few weeks that operations on their
end and their relationship with MetaQuotes is solid. But, of course, we're not
going to rely on just one broker. We're already in discussions with other
brokers to see who we can work with and provide additional options to traders."
Currently, proprietary trading firms are navigating challenges posed by MetaQuotes' alleged crackdown on MetaTrader usage and the
subsequent restrictions on US-based clients. As a result, many platforms are
integrating alternative trading platforms such as cTrader, Match-Trade, and
DXtrade.
Proprietary Trading Faces Regulatory Hurdles
Recent events have caused MetaQuotes, although not publicly acknowledged by the firm, to terminate licenses for trading platforms like True Forex Funds. This has led to a disruption of services for proprietary trading firms.
Brokerage partners like Purple Trading and Blackbull
Markets have been affected by MetaQuotes' actions, leading to terminations of
services for prop firms due to regulatory compliance issues regarding US
clients.
In response to this crackdown, many proprietary trading
platforms have ceased services to US-based clients, with some, like The5ers and
Maven Prop Trading, offering alternatives for affected traders.
The CEO of Lark Funding, Matt L., has confirmed that the
proprietary trading platform is no longer accepting purchases from US clients.
According to a post on Discord, the company plans to migrate existing US
traders to DXTrade.
Proprietary Trading Firms Exclude US Traders
Matt L. mentioned: "We hope to allow new US registrations in the near future if the regulatory scene allows. We want to
emphasize that this DOES NOT impact clients outside of the US. We know how
frustrating the current scene is for US traders, and we are doing our best to
find additional options for you all in the near future."
In a post on X that was later taken down, Matt L said that
Lark Funding was not solely depending on ThinkMarkets and was actively
exploring partnerships with other brokers to diversify options for traders. He
emphasized the importance of having multiple brokerage options to ensure
resilience and flexibility in the firm's trading operations.
Matt L mentioned: "ThinkMarkets
has reassured us several times over the last few weeks that operations on their
end and their relationship with MetaQuotes is solid. But, of course, we're not
going to rely on just one broker. We're already in discussions with other
brokers to see who we can work with and provide additional options to traders."
Currently, proprietary trading firms are navigating challenges posed by MetaQuotes' alleged crackdown on MetaTrader usage and the
subsequent restrictions on US-based clients. As a result, many platforms are
integrating alternative trading platforms such as cTrader, Match-Trade, and
DXtrade.
Proprietary Trading Faces Regulatory Hurdles
Recent events have caused MetaQuotes, although not publicly acknowledged by the firm, to terminate licenses for trading platforms like True Forex Funds. This has led to a disruption of services for proprietary trading firms.
Brokerage partners like Purple Trading and Blackbull
Markets have been affected by MetaQuotes' actions, leading to terminations of
services for prop firms due to regulatory compliance issues regarding US
clients.
In response to this crackdown, many proprietary trading
platforms have ceased services to US-based clients, with some, like The5ers and
Maven Prop Trading, offering alternatives for affected traders.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 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!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 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!