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Prop Firm Axe Trader Halts Operations Following CEO's Medical Emergency
- The company has suspended all operations following its CEO's cardiac emergency requiring multiple surgeries.
- It has frozen all trading accounts indefinitely and has not provided a specific timeline for resuming operations.
Tuesday, 17/12/2024 | 09:19 GMT by
Damian Chmiel
FunderPro Taps Acuity AI to Power Prop Trading Push
- The prop firm becomes the first in the industry to adopt Acuity Trading's AI Research Terminal.
- The partnership aims to enhance trader decision-making with real-time market insights and sentiment analysis.
Tuesday, 10/12/2024 | 08:17 GMT by
Damian Chmiel
The Funded Trader Clients Still Waiting for Funds: Prop Firm's St. Nick's Day Update
- Traders are expected to receive final information about their locked funds by January 2025.
- Some have been waiting for payouts since late March or longer when the first issues began to surface.
Saturday, 07/12/2024 | 15:13 GMT by
Damian Chmiel
Prop Trading Firms Optimistic for 2025, 64% Expect Above-Average Conditions
- 47% of ultra-low latency firms expect a well above-average year, compared to 10% of hybrid strategy firms.
- 71% of US-based firms anticipate market consolidation within the next 12 months, according to Acuiti and Avelacom.
Monday, 02/12/2024 | 12:56 GMT by
Tareq Sikder
This Prop Firm’s $85M Vanished Overnight amid Allegations of a Potential Scam and Cloning
- FundedFirm faces serious claims, including reportedly falsifying traders' payouts, reaching $95M
- The company's website appears to be largely copied from FundedNext, another popular prop firm.
Wednesday, 27/11/2024 | 10:10 GMT by
Damian Chmiel
Why Traders Lose Money and How Broker-Backed Prop Firms Are Changing the Game
- David Varga, CEO of Fintokei, discusses why traders struggle to earn a profit in prop trading.
- He also highlights the benefits of broker-backed prop firms in the still-new industry.
Thursday, 21/11/2024 | 08:02 GMT by
Damian Chmiel
Prop Firm The Funded Trader Resumes Paused Accounts as “900 Traders Await Payouts”
- The firm revised its payout structure after the relaunch to address 75–80% payout-to-revenue ratios.
- $100K+ accounts are being reactivated with a focus on risk management.
Wednesday, 20/11/2024 | 14:54 GMT by
Tareq Sikder
Lark Funding Prop Firm Now Allows Challenge Passes on TradingView Charts
- Traders can complete challenges through TradingView charts, and the company calls it their best launch of 2024.
- The prop trading landscape shows significant growth, with DXtrade adding 40+ companies within a year.
Wednesday, 20/11/2024 | 07:41 GMT by
Damian Chmiel
DXtrade Joins the Offering of a Company Promising to Set Up Your Prop Firm in 10 Days
- YourPropFirm partners with Devexperts to integrate DXtrade into its multi-platform trading solution.
- It enables prop firms to operate across multiple platforms while providing traders with more choices in trading.
Tuesday, 19/11/2024 | 09:20 GMT by
Damian Chmiel
Exclusive: CFDs Broker AAAFx’s Former Business Development Head Launches Prop Trading Firm
- Somesh Kapuria is no longer associated with AAAFx and now has taken on the CEO role at Hola Prime.
- The new prop firm will primarily target traders from the US, the UK, Canada, Australia, and the EU.
Tuesday, 19/11/2024 | 05:00 GMT by
Arnab Shome
Prop Trading Survey: 60% of Clients View Brokers-Backed Props as More Trustworthy
- In 2024, the industry faced regulatory challenges, and FX/CFD companies seemed to provide greater security.
- 3500 respondents in the PipFarm poll also think that prop firms with in-house tech are more reliable.
Tuesday, 12/11/2024 | 13:30 GMT by
Damian Chmiel
Prop Trading Gains AI Integration with Swiset’s Acquisition of PFT
- The acquisition creates a system that supports traders at all levels of experience.
- Prop firms now have access to a solution with improved decision-making, risk management, and AI analytics.
Thursday, 07/11/2024 | 12:13 GMT by
Tareq Sikder
Prop Trading Regulation: “Consob’s Attention Is Very High,” Says Fintokei’s Italy Manager
- Marco Martire shared his forecast and vision after the prop firm entered the local market.
- In July, the Italian regulator issued a warning that prop trading is like “video games.”
Wednesday, 06/11/2024 | 13:58 GMT by
Damian Chmiel
Breaking: Taurex to Launch Proprietary Trading Platform Atmos
- The FX/CFD company is joining the increasingly crowded space of regulated brokers offering prop services.
- The platform is currently in the pre-launch phase, but the registration page for interested traders is online.
Wednesday, 06/11/2024 | 08:50 GMT by
Damian Chmiel
Prop Firm GFT Halts Live Trading Operations During U.S. Presidential Election
- Goat Funded Trader is suspending all live trading during the presidential election period from November 5-6.
- In the meantime, other prop firms seem to maintain regular operations with cautionary advisories.
Monday, 04/11/2024 | 11:11 GMT by
Damian Chmiel
Prop Firm The Trading Pit Expands into The UK and US with NinjaTrader Integration
- TTP has just announced that it's adding the NinjaTrader platform to its futures challenges offering.
- This move comes at a time when the prop firm is considering expansion into new regions.
Thursday, 31/10/2024 | 08:43 GMT by
Damian Chmiel
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