Prop Trading Firm MyFundedFX Brings Back MetaTrader with Blueberry Markets Partnership

Monday, 26/02/2024 | 07:48 GMT by Arnab Shome
  • The platform offers non-US customers to migrate to MetaTrader under Blueberry Markets.
  • It is already offering DXtrade and is in the process of integrating Match-Trade and cTrader.
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MyFundedFX, one of the many prop trading firms impacted by the alleged crackdown of MetaQuotes, announced its partnership today with Blueberry Markets for offering MetaTrader trading platforms to non-US clients.

Continuing to Offer MetaTrader

The prop firm has replaced ThinkMarkets as its brokerage partner with Blueberry Markets. As Finance Magnates confirmed previously, ThinkMarkets recently sent notices to "existing proprietary trading firms to cease onboarding US registrations and to terminate any existing US customers."

MyFundedFX, which already restricted services for its US customers last week, also offered its customers the option to migrate to DXtrade, a rival platform of MetaTrader.

“We brought back MT4 with Blueberry Markets, and [it] is now available for purchase, and also for those who do not want to be switched from ThinkMarkets to DXtrade, can be switched to Blueberry Markets,” the broker noted on its official Discord server. “This only applies to non-U.S. customers.”

A notice on MyFundedFX's Discord server
A notice on MyFundedFX's Discord server

MetaTrader Alternatives

Apart from MetaTrader and DXtrade, the prop platform is in the process of integrating the two other trading platforms: Match-Trade and cTrader.

For its US-based clients, the prop trading platform already offers services with DXtrade and will offer them Match-Trade and cTrader. However, it will continue to restrict offering MetaTrader to US-based traders.

“For our US customers, we are trying to bring you more platforms and consistency in the industry where there has been none lately,” the prop trading firm added. “We already have DXTrade, which will also have Tradingview integration and familiarity as well as mobile access. Match Trader and CTrader are on the way as fast as possible, and we will continually explore other opportunities to make sure our U.S. customers have a comfortable place to trade.”

Meanwhile, other prop trading platforms that lost their brokerage partners are now tapping new companies for such services. Recently, MyFlashFunding announced its partnership with an “ASIC-regulated broker” for its non-US operations, but did not reveal the broker's name. Many other prop firms have integrated MetaTrader alternatives like DXTrade.

MyFundedFX, one of the many prop trading firms impacted by the alleged crackdown of MetaQuotes, announced its partnership today with Blueberry Markets for offering MetaTrader trading platforms to non-US clients.

Continuing to Offer MetaTrader

The prop firm has replaced ThinkMarkets as its brokerage partner with Blueberry Markets. As Finance Magnates confirmed previously, ThinkMarkets recently sent notices to "existing proprietary trading firms to cease onboarding US registrations and to terminate any existing US customers."

MyFundedFX, which already restricted services for its US customers last week, also offered its customers the option to migrate to DXtrade, a rival platform of MetaTrader.

“We brought back MT4 with Blueberry Markets, and [it] is now available for purchase, and also for those who do not want to be switched from ThinkMarkets to DXtrade, can be switched to Blueberry Markets,” the broker noted on its official Discord server. “This only applies to non-U.S. customers.”

A notice on MyFundedFX's Discord server
A notice on MyFundedFX's Discord server

MetaTrader Alternatives

Apart from MetaTrader and DXtrade, the prop platform is in the process of integrating the two other trading platforms: Match-Trade and cTrader.

For its US-based clients, the prop trading platform already offers services with DXtrade and will offer them Match-Trade and cTrader. However, it will continue to restrict offering MetaTrader to US-based traders.

“For our US customers, we are trying to bring you more platforms and consistency in the industry where there has been none lately,” the prop trading firm added. “We already have DXTrade, which will also have Tradingview integration and familiarity as well as mobile access. Match Trader and CTrader are on the way as fast as possible, and we will continually explore other opportunities to make sure our U.S. customers have a comfortable place to trade.”

Meanwhile, other prop trading platforms that lost their brokerage partners are now tapping new companies for such services. Recently, MyFlashFunding announced its partnership with an “ASIC-regulated broker” for its non-US operations, but did not reveal the broker's name. Many other prop firms have integrated MetaTrader alternatives like DXTrade.

About the Author: Arnab Shome
Arnab Shome
  • 6568 Articles
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6568 Articles
  • 91 Followers

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