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prop firms
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Retail FX
Fallen Prop Firm Karma in “Advanced Negotiations” with Potential Buyer
2024-08-19T13:58:34.748+02:00
Karma Prop Traders suspended operations last week due to liquidity issues.
At first, the owner dismissed takeover offers, but he is now reporting being a step away from a deal.
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Brokers
“We are ready to acquire any prop firm that shuts down,” States Astra Capital Group
2024-08-19T09:12:01.838+02:00
The move is intended to respond to the turmoil in the prop trading industry last week.
Up to 20 trading firms may have closed due to MT4 and 5 licensing issues.
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Retail FX
Prop Firm Indigo Trader Funding Ceases Operations, Files for UK Strike-Off
2024-08-15T08:27:20.665+02:00
The proprietary trading company operated as a “promoter” for broker Eightcap's challenge offer.
The firm filed an application for strike-off in the UK register and ceased social media activity.
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Retail FX
Prop Firm Goat Funded Trader Considers Adding cTrader After MetaTrader Departure
2024-08-14T09:23:43.755+02:00
Last month, the company announced the addition of TradeLocker to its offerings.
Now, the firm is considering cTrader as another alternative to meet traders' needs.
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Analysis
Exclusive: Poll Reveals 60% of Prop Firm Clients Lose Funds, Investing $4,300 on Average
2024-08-13T13:05:51.952+02:00
90% of 459 PipFarm's study participants take part in challenges of 2–5 different props, Finance Magnates has learned.
Despite potential high earnings, only one in three clients at trader-funded firms makes any money.
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Retail FX
Another Prop Firm Shuts Down, Founder Blames "Cheaters" for Liquidity Issues
2024-08-12T12:03:18.245+02:00
Karma Prop Traders announced over the weekend that it's suspending operations.
The company cited alleged exploitation of challenges by some users as a reason for closure.
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Retail FX
Prop Firm FXIFY Faces MetaQuotes Ban: US MetaTrader Access Ending
2024-08-12T11:18:04.746+02:00
The firm is to move US traders to DX due to MetaQuotes' directive.
The firm plans to launch FXIFY Futures soon, expanding its product range.
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Executives
Prop Firm Blueberry Funded Appoints New GM from PropTradeTech and Eightcap
2024-08-09T07:51:55.795+02:00
Marcus Fetherston's career includes diverse roles at Pepperstone, from Operations Officer to Team Lead.
He worked as a Customer Service Representative at Commonwealth Bank from 2015 to 2016.
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Retail FX
Exclusive: Former XM Veteran Launched His Own Prop Firm FundedBull
2024-08-08T15:40:00.000+02:00
After 10 years with the bull-logoed CFD company, Desimir Paskalev has decided to venture into a new market.
As the industry veteran frankly admits, entering prop trading is cheaper and easier than opening a brokerage.
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Interviews
“Prop Trading Risk Is Incredibly Hard to Manage”: PipFarm’s CEO
2024-08-08T09:20:31.087+02:00
Finance Magnates discussed prop trading firms’ risk management and more with James Glyde.
Watch the full video interview below.
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Retail FX
Prop Firm Karma Becomes the Latest to Add Match-Trader to Its Platform Lineup
2024-08-06T10:02:01.047+02:00
The company leverages Match-Trade Technologies' new integration with TradingView.
In recent months, over 50% of leading prop firms have added Match-Trader to their portfolio.
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Retail FX
Match-Trade Offers Prop Firms TradingView Integration and Discounts on Challenge Accounts
2024-08-01T15:10:48.826+02:00
The trading platform provider is increasingly focusing on development in the proprietary trading industry.
Every other top 10 largest firm offers Match-Trader in its portfolio already.
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Retail FX
Another Prop Firm, This Time Crypto-Focused, Enters the Futures Market
2024-07-31T10:32:55.898+02:00
Crypto Fund Trader will launch a digital asset futures trading platform on August 1.
It's the first trader-funded firm (TFF) to offer a challenge based solely on digital tokens.
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Retail FX
Aiming to Become “Robinhood of Europe,” They Withdrew from Prop Trading
2024-07-31T09:45:24.783+02:00
Bullo decided to suspend prop-based services due to current regulatory uncertainty.
However, the company doesn't rule out the possibility that prop trading may return in the future.
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Retail FX
Struggling Prop Firm MyFlashFunding Acquired by Sway Funded
2024-07-29T09:09:34.617+02:00
The prop firm founder claims he could have chosen bankruptcy or even run away.
Sway Funded promised an “immediate” payout of traders' funds that have been overdue for several months.
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Retail FX
Prop Firm The Funded Trader to Launch New Futures Company amid Customer Outrage
2024-07-28T16:35:48.548+02:00
The new project is called The Futures Trader and will focus on the contracts market.
The announcement was met with negative reception from clients on social media.
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Retail FX
Blueberry Markets Is the Latest CFDs Broker to Launch Prop Trading Platform
2024-07-25T07:18:14.262+02:00
The prop trading services will be offered under the brand Blueberry Funded.
Although the website is live, the platform has yet to launch the services.
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Retail FX
Prop Firm FX Capital Funding the Latest to Add MetaTrader to Its Offering
2024-07-24T08:41:18.220+02:00
Trading on MetaQuotes platforms is now available as of this week.
The company joins the group of proprietary trading firms that have made similar moves in recent weeks.
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Retail FX
Prop Firm MyFundedFX Reverses “Consistency Rule” Just Two Weeks after Implementation
2024-07-20T16:01:45.213+02:00
The rule was intended to discourage clients from "max leveraging a single trade."
However, it was met with dissatisfaction and caused "frustration as it limits specific trading styles."
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Retail FX
Another Prop Firm Expands Platform Offerings with MetaTrader
2024-07-18T14:01:56.153+02:00
Axe Trader has announced the addition of MetaQuotes products to its platform portfolio.
From now on, it will allow clients to trade using MT 4 and 5.
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Retail FX
Prop Firm Goat Funded Trader Ditches MetaTrader (Again) and Adds New Platform
2024-07-18T09:04:29.942+02:00
GFT announced that it's adding TradeLocker to its offerings
Simultaneously, the MetaQuotes platform are disabled and users are being moved to MatchTrader.
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Retail FX
Exclusive: OANDA’s Prop Trading Platform Allows Buying Challenges with Crypto
2024-07-16T08:00:00.000+02:00
Traders can purchase the challenges with top cryptocurrencies and stablecoins, including meme tokens.
The addition of crypto came “in response to rising global demand.”
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Thought Leaders
Why Prop Firms Are Closing
2024-07-15T12:48:53.958+02:00
FunderPro is dedicated to empowering firms to adopt a new proprietary trading model.
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Retail FX
Breaking: Prop Trading Firm Funded Engineer Shuts Down
2024-07-15T11:54:46.972+02:00
The company attempted “strategic restructuring” and “cost-cutting measures” and sought investments but failed.
It will now file for bankruptcy.
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Retail FX
Prop Firm Solution Drives Leverate's Push into Dubai, Latin America
2024-07-12T09:57:22.523+02:00
A few months ago, the company introduced white-label products for prop trading.
The technology provider also reported a 70% sales increase.
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See more
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