The proprietary trading firm Swift Funding plans to integrate DXtrade, as revealed in a recent announcement. According to the company, integrating DXtrade will benefit traders with improved functionality, faster execution speeds, and access to a broader range of trading instruments.

The company mentioned on X: "DXtrade is landing soon at Swift Funding! Get ready to experience the pinnacle of precision and performance in trading technology. Stay tuned for the launch and elevate your trading strategy."

Transform Your Trading Game 🚀

DXtrade is landing soon at Swift Funding! Get ready to experience the pinnacle of precision and performance in trading technology. Stay tuned for the launch and elevate your trading strategy!

What Trading Platforms do you want us to integrate… pic.twitter.com/9moNiCX6yK

— Swift Funding (@Swift_Funding) February 22, 2024

Swift Funding's Offerings

According to propfirmmacth.com, Swift Funding has made significant strides since it was established in January 2024. The firm operates from Hong Kong and has partnered with ThinkMarkets to offer services through MetaTrader 4 and MetaTrader 5 platforms.

Led by its CEO, Kevin Warner, Swift Funding has account sizes ranging from $5,000 to $100,000. Swift Funding offers a selection of trading instruments, including forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, indices, cryptocurrencies, and commodities.

Similarly, MyFundedFX recently announced its plan to migrate US client accounts from MetaQuotes platforms to DXtrade servers starting February 23. This decision arrived amid MetaQuotes' intensified measures for compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term with US regulations, causing disruptions within the sector.

Proprietary Trading Industry Fights Back

MetaQuotes' stricter control over platform usage, especially concerning US regulations, has triggered a wave of changes among proprietary trading firms. Many, including MyFundedFX, have opted to terminate their association with MetaQuotes, citing concerns over serving US clients.

While MyFundedFX prepares for migration, other firms like Funding Pips and True Forex Funds are already resuming operations with alternative platforms. Funding Pips successfully migrated to Match-Trade Technologies' platform, while True Forex Funds relaunched with its own-branded cTrader platform.

FP coming with 200k account, allowing copy trading across FP accounts and more …… pic.twitter.com/RFb12OhPHG

— retailAle (@retailAle) February 22, 2024

Meanwhile, MetaQuotes terminated its partnership with proprietary trading firm Funding Pips due to regulatory issues. Following this step, the latter integrated its operations with Match-Trader. Funding Pips faced a challenging week following the cessation of its access to MetaTrader platforms, driven by regulatory complications in serving clients in the US.

In response, the platform's CEO, Khaled Ayesh, has confirmed the successful migration of user accounts to Match-Trader, provided by Match-Trade Technologies.