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prop firms
Search for a tag
Retail FX
Exclusive: IronFX Founder Quietly Joined Prop Trading Craze with ‘Ultimate’
2024-09-10T18:29:48.479+02:00
Registered in the UK, Ultimate Traders Evaluation is owned by Markos Kashiouris, founder of IronFX.
Andreas Pogiatzis, a resident of Cyprus, is the sole Director of the prop trading platform operator.
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Retail FX
Prop Firm Fundedlions Suspends Operations
2024-09-10T09:25:45.957+02:00
Fundedlions announced that it is forced to stop its prop activities temporarily.
The firm blames brokerage technology provider Dominion Markets for this situation.
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Retail FX
Prop Firm FTMO Partners with cTrader Algo Building Tool
2024-09-05T13:43:51.944+02:00
AlgoBuilderX enables automated trading on the Spotware platform.
The company has now partnered with the Czech Republic-based prop trading firm.
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Retail FX
Prop Trading Industry Is Divided on “Gamification” amid Consob's “Video Game” Remark
2024-09-04T15:40:00.000+02:00
Consob is concerned about the rise of prop trading firms and linked them to “video games.”
One prop trading executive said, “I don’t really agree with the ‘video game’ label,” while another called Consob’s warning “necessary and timely.”
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Executive Moves
TradeLocker Owner Recruits New Executive for Its Prop Firm
2024-09-04T11:57:45.713+02:00
Antreas Pilavakis joined the FunderPro team, a division of the technology company Red Acre.
Last month, he concluded his three-year tenure with The Trading Pit.
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Retail FX
This Prop Firm Requires Recording Your Trades for 2 Days. Otherwise, You Won't Get Paid
2024-08-29T10:34:04.283+02:00
Apex Trader Funding claims it wants to expedite the payout process.
Traders are outraged, believing the company is demanding too much private information.
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Retail FX
Offshore CFDs Broker AXE Enters Prop Trading: Acquires The Forex Funder
2024-08-27T10:28:14.615+02:00
The prop firm has over 6,000 active traders and 600 funded accounts.
The acquisition deal is worth “a few million” dollars.
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Retail FX
10 Weeks after Promising Match-Trader, This Prop Firm Finally Delivers to Customers
2024-08-26T09:10:34.489+02:00
The Funded Trader promised traders access to Match-Trader in early July.
Although the platform was supposed to be implemented “soon,” it appeared after 2 months.
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Retail FX
Breaking: Sway Funded Acquires Another Struggling Prop Firm within a Month
2024-08-22T14:47:45.037+02:00
After taking over MyFlashFunding in late July, Sway Funded has now purchased Karma Prop Traders.
The information has been unofficially shared on the prop trading firm's Discord channel.
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Retail FX
Prop Firm Earn2Trade Launches New Brand Funding Trading
2024-08-22T11:17:46.936+02:00
Like its parent company, it will focus on futures trading.
The challenges offered align with those found in E2T's portfolio.
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Retail FX
Devexperts Onboarded over 40 Prop Firms to DXtrade in a Year, Now Focuses on Futures
2024-08-21T13:39:25.234+02:00
The company has expanded its platform to include futures trading functionality for proprietary trading.
Jon Light, Head of OTC Platform, notes growing interest in derivatives among prop firms.
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Retail FX
Prop Trading Firm Indigo Trader Funding Confirms Shutdown
2024-08-21T06:22:45.112+02:00
It has already been struck off the official UK company register.
Earlier, the company went dark on social media, leaving customers perplexed.
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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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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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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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See more
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