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prop trading
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Retail FX
BDSwiss’ Chief Revenue Officer Separates: Launches Prop Trading Platform
2024-10-21T09:40:00.000+02:00
Andreas Andreou stepped down as the Chief Revenue Officer of BDSwiss last month.
He has now launched a new prop trading platform and is acting as its co-CEO.
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Retail FX
This Prop Firm Bucks 76% of Surveyed Traders, Opts for Full-Size Account Relaunch
2024-10-17T10:33:37.258+02:00
The Funded Trader will relaunch trading accounts at original sizes despite users favoring smaller accounts for quicker access.
Some clients have been waiting for the funds' payout since the end of March 2024.
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Retail FX
Prop Trading: The Funded Trader Collaborates with Volumetrica Trading for New Platform
2024-10-16T12:13:29.463+02:00
Volumetrica Trading offers professional trading tools developed by individual traders.
The launch timeline for the new platform has not been disclosed.
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Retail FX
Prop Firm MyFundedFutures Overhauls Affiliate Program and Suspends over 20 Countries
2024-10-15T11:06:08.523+02:00
Affiliate accounts failing to generate at least 50 trader deposits will be closed this month.
MFF previously announced blocking access to clients from 21 different countries due to regulatory concerns.
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Interviews
“Most of Our Prop Trading Traffic Comes from Organic Channels”: OANDA’s Global CMO
2024-10-15T09:42:18.701+02:00
Finance Magnates recently sat down with Darren Moffett, Global Chief Marketing Officer at OANDA, to discuss the marketing efforts of prop trading platforms.
“Trust becomes a critical factor for prop trading,” he said.
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Retail FX
Prop Trading: Dynamic Works and Brokeree Introduce Integrated CRM Solution
2024-10-07T11:26:33.887+02:00
The new module enables clients to select prop trading plans and complete deposits within their client area.
The update includes SSO for direct access to prop trading accounts from the Syntellicore platform.
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Retail FX
Another FX/CFD Broker Launches Its Own Prop Firm amid Growing Popularity
2024-10-07T09:43:49.426+02:00
MarketsVox just announced the launch of MVFunded at the end of this month.
This is another retail trading firm that has decided to take this step in 2024.
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Retail FX
Demo Account Prop Trading Platforms Do Not Need Authorisation: Czech Regulator
2024-10-03T07:51:34.416+02:00
The Czech National Bank published a Q&A on its website clarifying the regulatory stance on demo account prop trading.
responding Finance Magnates' queries earlier, the regulator also stated that some prop trading models might fall under the MiFID framework.
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Brokers
Prop Trading Poses Image Hazard for CFD Brokers: These Two Firms Aim to Fix It
2024-10-02T12:06:53.279+02:00
Muinmos and Brokeree Solutions address compliance challenges associated with prop firms.
They want to provide legitimate and competitive prop trading solutions, potentially mitigating the reputational risks.
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Retail FX
This Prop Firm Expands into Crypto, Offering Forex and Digital Asset Accounts
2024-10-01T12:56:25.242+02:00
Hydra Funding claims to be the first prop firm suited for both FX and BTC traders.
The new product includes 30 crypto pairs and funded accounts up to $600,000.
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Retail FX
New FXBO CRM Aims to Streamline Prop Trading Firm Management
2024-09-30T10:39:38.229+02:00
The platform offers prop firms features like real-time performance monitoring and risk management tools.
It also integrates with popular trading platforms like MetaTrader and cTrader.
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Brokers
Prop Trading Firm Funded Friends to Shut Down, Acquired by TradingFunds
2024-09-30T09:13:33.854+02:00
CEO Arjo Janssens cites a shift in focus to financial education as a reason for closure.
As he states, the prop firm did not have liquidity or payout issues.
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Retail FX
Match-Trade’s Prop Trading Solution Enhances Challenge Management in CRM
2024-09-26T11:08:04.583+02:00
The platform offers real-time notifications for phase progression requests for trader communication.
The Broker API supports partial position closure, and users can export data from the Forex CRM into CSV files.
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Retail FX
Another Prop Firm Adds TradeLocker to Its Offering
2024-09-26T10:34:25.618+02:00
Lionheart joins the ranks of firms offering access to the day-trading platform.
TradeLocker is focusing on stronger development in prop trading in 2024.
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Retail FX
Prop Trading: MyFundedFutures Integrates dxFeed for Instant Market Data
2024-09-24T21:17:53.196+02:00
This collaboration aims to introduce dxFeed's data services to enable traders to access real-time market information.
MyFundedFutures offers a simulated trading challenge platform where participants can operate under rules replicating real market conditions.
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Analysis
Exclusive: Only 7% of 300,000 Prop Trading Accounts Achieved Payouts
2024-09-18T15:40:00.000+02:00
According to FPFX Tech's data, 1 in 3 clients comes from the US and UK, but the most dynamic growth is seen elsewhere.
As the company CEO forecasts, the industry will see “significant growth rates out of the Middle East” in the next 90-180 days.
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Brokers
Prop Firm CK Capital Seeks Growth in Competitive North American Market
2024-09-18T10:59:04.349+02:00
The UK-based prop trading company started accepting clients from the US and Canada.
The project is led by Daniel Cheung, who previously worked for IronFX.
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Retail FX
Waiting for a Payout from The Funded Trader Prop Firm? You Might Not See It This Year
2024-09-16T12:49:32.175+02:00
According to the latest information from TFT, suspended trader payouts may not be processed until 2025.
The firm is prioritizing the unblocking of large accounts with balances over $100,000.
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Prop Firm Gold Fund Trader Pulls the Plug after $600 in Sales and Funding Setbacks
2024-09-13T11:40:27.807+02:00
The firm halts operations following delays and the withdrawal of a key investor.
Of 160 accounts, 158 were through giveaways, with 90 active but no funded accounts or pending payouts.
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Retail FX
Wall Street Trader Alexander Gerchik Jumps into Prop Trading with New Platform
2024-09-12T11:12:38.988+02:00
Traders can access capital ranging from $5K to $100K and keep 80% of their profits.
Prop trading is gaining traction, with brokers such as OANDA, Axi, and Hantec Markets expanding into this area.
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Retail FX
Purple Trading’s Prop Firm Fintokei Pays Out over €4M to Traders in 2024
2024-09-12T10:10:52.202+02:00
The proprietary trading company is processing 400,000 transactions per day.
Moreover, the number of active traders surged by 175%.
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Brokers
Prop Firm Traddoo Temporarily Suspends Access for New Clients
2024-09-11T13:45:34.551+02:00
The company has decided to halt challenge sales due to ongoing platform updates.
It is working on implementing a new dashboard and payments for its customers.
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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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