Finance Magnates examined AquaFunded, Blue Guardian, City Traders Imperium, and FundedNext.
All four come from the UAE, currently prop firms' third most popular destination.
The retail
proprietary trading industry, traditionally associated with the United States,
has found a new hotspot: the United Arab Emirates (UAE). Now the world's third
most popular destination for prop trading, the UAE is attracting both prop
firms and retail traders alike.
Finance
Magnates conducted an in-depth review of the local industry in the Middle East,
comparing four popular firms headquartered in the heart of the MENA region:
AquaFunded, Blue Guardian, City Traders Imperium, and FundedNext.
The Rise of Prop Trading
in the UAE
The Middle
East, particularly the UAE, has become a magnet for financial firms worldwide.
The region's appeal stems from its attractive tax advantages, strategic
location, and business-friendly environment. With their streamlined and favorable regulations, cities like Abu Dhabi and Dubai have become hotbeds for
popular CFD and cryptocurrency firms. Now, they're increasingly drawing in prop
trading businesses as well.
The region
gained significant attention in 2024 when regulatory issues began to surface in
the US prop market. MetaQuotes, a provider of popular trading platforms like
MetaTrader, withdrew licenses and services from many local firms, blocking
access to clients from this part of the world.
As a
result, traders migrated to Middle Eastern entities, and many firms began
relocating to the UAE or neighboring countries. Currently, the UAE ranks as the
third most popular jurisdiction among trader-funded firms (TFTs), accounting
for nearly 8% of them, right behind the United States and the United Kingdom.
As the US
grapples with regulatory crackdowns and Europe contemplates regulating the prop
trading industry, the Middle East has emerged as an attractive alternative. The
region offers traders and firms access to high leverage and a diverse range of
trading instruments, making it an increasingly appealing destination.
AquaFunded: The New Kid on
the Block with 90% Profit Split
First in
our lineup is AquaFunded, the newest entrant in the local market. Founded in
December 2023 by Jason Blax, the firm offers traders access to cTrader,
Tradelocker, and Match-Trader platforms.
In February
2024, when the prop trading industry faced temporary paralysis, AquaFunded
briefly suspended new client registrations from the US. However, they quickly
bounced back, launching a new regulated broker and introducing an alternative
to MetaQuotes platforms with software from Match-Trade Technologies.
AquaFunded's
offering closely mirrors its competitors: high leverage up to 100:1, funded
accounts ranging from $5,000 to $200,000, and a low entry threshold starting at
around $40.
Since the
beginning of the year, the firm has paid out $1.3 million to its traders and
currently serves over 10,000 retail investors. The company also boasts a unique
promise: if a trader doesn't receive their due funds within 48 hours,
AquaFunded will pay out their entire realized profit as compensation.
Blue Guardian: A Veteran
with a Wide Platform Selection
Blue
Guardian stands out as one of the longer-established firms in the UAE prop
trading market. It currently offers the widest selection of trading platforms,
including MetaTrader, Match-Trader, DXtrade, and Tradelocker.
Blue Guardian, founded by Sean Bainton, has been operating since January 2021. Like its
competitors, it offers 100:1 leverage and the ability to trade on all popular
CFD instruments. The firm also provides some of the most affordable $10,000
accounts, with challenge entry costs as low as $49.
In
February, Blue Guardian also faced temporary issues and suspended access to its
services for U.S. clients. However, they've resolved this problem over the past few months by implementing new platforms, including DXtrade.
Throughout
its history, the firm has paid out $9 million to more than 25,000 traders
from more than 130 different countries.
City Traders Imperium:
Catering to Experienced Traders
City
Traders Imperium boasts the most established position in this lineup, having
been present in the Middle East prop trading market for six years. Founded by
Daniel Martin and Martin Najat, the firm offers trading via MetaTrader 5.
While City
Traders Imperium does offer "standard" challenges and small accounts
starting at $2,500 with minimal initial fees, their main offering targets
accounts where traders don't need to undergo additional evaluation.
The key
difference lies in the significantly lower financial leverage offered (maximum
30:1), higher fees (reaching almost $5,000), and a smaller profit split maxing
out at 80%.
According
to information on the company's website, City Traders Imperium boasts over
36,000 funded traders and more than $367 million in funded capital.
FundedNext: Offering the
Highest Profit Split
FundedNext
stands out as the only prop firm mentioned in this article that offers
MetaTrader 4, one of the most popular platforms among retail traders.
Additionally, trading is available on MT5 and cTrader.
Founded in
March 2022 by Abdullah Jayed, the firm offers the highest profit splits in the
industry, reaching up to 95%. However, some of their challenges also come with the
highest profit targets in the business. While these typically range from 6-10%,
FundedNext's targets can sometimes reach 25%.
The
February issues didn't spare FundedNext, which temporarily suspended new
sign-ups from the United States. However, this doesn't seem to have
significantly impacted the company's overall operations.
FundedNext
serves traders from over 195 countries and manages nearly 100,000 traders,
having paid out $95 million in total rewards to date.
Which Prop Firm Should You
Choose?
As the prop
trading landscape continues to evolve, the UAE's emergence as a key player
offers traders and firms alike new opportunities and challenges. Whether you're
a seasoned trader or just starting out, understanding the offerings of these
UAE-based firms could be crucial in navigating the ever-changing world of prop
trading.
AquaFunded
and FundedNext offer the widest range of account sizes, from $5,000 to
$200,000, making them suitable for both beginners and experienced traders. Blue
Guardian starts at a slightly higher $10,000, while City Traders Imperium
offers a unique range from $2,500 to $100,000.
In terms of
fees, City Traders Imperium has the lowest starting fee at $33, but their
highest fee is significantly more than the others at $4,799. FundedNext offers
the most competitive fee range from $30 to $1,044.
The
choice ultimately depends on your specific needs:
For
beginners or those preferring lower initial investments: Consider AquaFunded
For traders
seeking the highest potential profit split: FundedNext might be the best
choice.
For those
prioritizing platform familiarity: Blue Guardian offers the most common
options.
For traders
looking for a more established firm: City Traders Imperium, founded in 2018,
has the longest track record.
The retail
proprietary trading industry, traditionally associated with the United States,
has found a new hotspot: the United Arab Emirates (UAE). Now the world's third
most popular destination for prop trading, the UAE is attracting both prop
firms and retail traders alike.
Finance
Magnates conducted an in-depth review of the local industry in the Middle East,
comparing four popular firms headquartered in the heart of the MENA region:
AquaFunded, Blue Guardian, City Traders Imperium, and FundedNext.
The Rise of Prop Trading
in the UAE
The Middle
East, particularly the UAE, has become a magnet for financial firms worldwide.
The region's appeal stems from its attractive tax advantages, strategic
location, and business-friendly environment. With their streamlined and favorable regulations, cities like Abu Dhabi and Dubai have become hotbeds for
popular CFD and cryptocurrency firms. Now, they're increasingly drawing in prop
trading businesses as well.
The region
gained significant attention in 2024 when regulatory issues began to surface in
the US prop market. MetaQuotes, a provider of popular trading platforms like
MetaTrader, withdrew licenses and services from many local firms, blocking
access to clients from this part of the world.
As a
result, traders migrated to Middle Eastern entities, and many firms began
relocating to the UAE or neighboring countries. Currently, the UAE ranks as the
third most popular jurisdiction among trader-funded firms (TFTs), accounting
for nearly 8% of them, right behind the United States and the United Kingdom.
As the US
grapples with regulatory crackdowns and Europe contemplates regulating the prop
trading industry, the Middle East has emerged as an attractive alternative. The
region offers traders and firms access to high leverage and a diverse range of
trading instruments, making it an increasingly appealing destination.
AquaFunded: The New Kid on
the Block with 90% Profit Split
First in
our lineup is AquaFunded, the newest entrant in the local market. Founded in
December 2023 by Jason Blax, the firm offers traders access to cTrader,
Tradelocker, and Match-Trader platforms.
In February
2024, when the prop trading industry faced temporary paralysis, AquaFunded
briefly suspended new client registrations from the US. However, they quickly
bounced back, launching a new regulated broker and introducing an alternative
to MetaQuotes platforms with software from Match-Trade Technologies.
AquaFunded's
offering closely mirrors its competitors: high leverage up to 100:1, funded
accounts ranging from $5,000 to $200,000, and a low entry threshold starting at
around $40.
Since the
beginning of the year, the firm has paid out $1.3 million to its traders and
currently serves over 10,000 retail investors. The company also boasts a unique
promise: if a trader doesn't receive their due funds within 48 hours,
AquaFunded will pay out their entire realized profit as compensation.
Blue Guardian: A Veteran
with a Wide Platform Selection
Blue
Guardian stands out as one of the longer-established firms in the UAE prop
trading market. It currently offers the widest selection of trading platforms,
including MetaTrader, Match-Trader, DXtrade, and Tradelocker.
Blue Guardian, founded by Sean Bainton, has been operating since January 2021. Like its
competitors, it offers 100:1 leverage and the ability to trade on all popular
CFD instruments. The firm also provides some of the most affordable $10,000
accounts, with challenge entry costs as low as $49.
In
February, Blue Guardian also faced temporary issues and suspended access to its
services for U.S. clients. However, they've resolved this problem over the past few months by implementing new platforms, including DXtrade.
Throughout
its history, the firm has paid out $9 million to more than 25,000 traders
from more than 130 different countries.
City Traders Imperium:
Catering to Experienced Traders
City
Traders Imperium boasts the most established position in this lineup, having
been present in the Middle East prop trading market for six years. Founded by
Daniel Martin and Martin Najat, the firm offers trading via MetaTrader 5.
While City
Traders Imperium does offer "standard" challenges and small accounts
starting at $2,500 with minimal initial fees, their main offering targets
accounts where traders don't need to undergo additional evaluation.
The key
difference lies in the significantly lower financial leverage offered (maximum
30:1), higher fees (reaching almost $5,000), and a smaller profit split maxing
out at 80%.
According
to information on the company's website, City Traders Imperium boasts over
36,000 funded traders and more than $367 million in funded capital.
FundedNext: Offering the
Highest Profit Split
FundedNext
stands out as the only prop firm mentioned in this article that offers
MetaTrader 4, one of the most popular platforms among retail traders.
Additionally, trading is available on MT5 and cTrader.
Founded in
March 2022 by Abdullah Jayed, the firm offers the highest profit splits in the
industry, reaching up to 95%. However, some of their challenges also come with the
highest profit targets in the business. While these typically range from 6-10%,
FundedNext's targets can sometimes reach 25%.
The
February issues didn't spare FundedNext, which temporarily suspended new
sign-ups from the United States. However, this doesn't seem to have
significantly impacted the company's overall operations.
FundedNext
serves traders from over 195 countries and manages nearly 100,000 traders,
having paid out $95 million in total rewards to date.
Which Prop Firm Should You
Choose?
As the prop
trading landscape continues to evolve, the UAE's emergence as a key player
offers traders and firms alike new opportunities and challenges. Whether you're
a seasoned trader or just starting out, understanding the offerings of these
UAE-based firms could be crucial in navigating the ever-changing world of prop
trading.
AquaFunded
and FundedNext offer the widest range of account sizes, from $5,000 to
$200,000, making them suitable for both beginners and experienced traders. Blue
Guardian starts at a slightly higher $10,000, while City Traders Imperium
offers a unique range from $2,500 to $100,000.
In terms of
fees, City Traders Imperium has the lowest starting fee at $33, but their
highest fee is significantly more than the others at $4,799. FundedNext offers
the most competitive fee range from $30 to $1,044.
The
choice ultimately depends on your specific needs:
For
beginners or those preferring lower initial investments: Consider AquaFunded
For traders
seeking the highest potential profit split: FundedNext might be the best
choice.
For those
prioritizing platform familiarity: Blue Guardian offers the most common
options.
For traders
looking for a more established firm: City Traders Imperium, founded in 2018,
has the longest track record.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Capital.com Gains from Index Trading Demand: Q3 Volume Surpasses $450B
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
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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
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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
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📣 Stay updated with the latest in finance and trading!
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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
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FM's Andrea Badiola Mateos at LSEG's Cyprus event
FM's Andrea Badiola Mateos at LSEG's Cyprus event
FM's Andrea Badiola Mateos at speaking in a panel discussion at LSEG's Cyprus event
FM's Andrea Badiola Mateos at speaking in a panel discussion at LSEG's Cyprus event
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.
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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.
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Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24
Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24