简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Cyprus-based Traders Trust has joined the growing trend of forex and contracts for differences (CFDs) brokers entering the prop trading market. The retail broker has now launched its prop trading services under the new brand, TradingCult.
Traders Trust, a brokerage based in Cyprus, has entered the burgeoning prop trading market, following the trend among forex and contracts for differences (CFDs) brokers. According to Finance Magnates, the retail broker has introduced its prop trading services through a new brand named TradingCult.
Information on the TradingCult website indicates that this brand is managed by Seychelles-based Cultpedia and Cyprus-based Cultedge, separate entities from those handling the FX and CFDs brokerage of Traders Trust. Interestingly, TradingCult and Traders Trust operate out of the same office in Cyprus.
Significantly, Nicola Berardi, the Chief Executive of Traders Trust, is also the founder and CEO of TradingCult. Berardi, who formerly served as Chief Financial Officer of Saxo Bank and Synthesis Bank, created the Traders Trust brand in 2009 and has been at its helm ever since. As stated on the TradingCult website, Berardi is dedicated to offering traders the necessary funding, education, and support to achieve success in the financial markets. He highlights his mission to empower traders and ensure their ability to thrive.
Prior to Traders Trust's entry into the prop trading sector, established FX and CFDs brokerage firms like OANDA, Axi, Hantec Market, and IC Markets had already begun offering prop trading services. The increasing popularity of prop trading is encouraging more brokerage firms to venture into this growing industry.
TradingCult has introduced a notably competitive offering in the market. The new prop trading platform provides traders with a 95 percent profit split. Prospective traders can choose from four different challenges, with costs ranging from $99 to $999. The lowest-tier account features a funded balance of $10,000, while the highest tier offers a balance of $200,000.
Additionally, TradingCult utilizes the brokerage services of Traders Trust to provide trading on the MetaTrader 4 platform.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Launched in 2019, Immediate Edge claims to be an automated cryptocurrency trading platform using AI technology for crypto trading services. The platform requires a minimum deposit of $250 to begin trading, which is relatively expensive for many investors. During its short operation, Immediate Edge failed to establish a positive reputation. The platform has undergone frequent domain changes and has repositioned itself as an intermediary connecting users with investment firms—a move that appears designed to obscure its actual operations. Immediate Edge restricts services to investors from the United States; it remains accessible to users in other regions.
BSP tightens rules on offshore forex trades, including NDFs, to reduce systemic risks and peso volatility. Stakeholders’ feedback due by March 26.
Gold prices soared to an all-time high, nearing the key $3,000 per ounce threshold, as investors responded to heightened tariff uncertainty and growing expectations of monetary policy easing by the U.S. Federal Reserve.
In a landmark move, global trading broker Hantec Markets has become the official trading partner of Fortaleza EC—one of Brazil’s most beloved and historic football clubs. This partnership underscores Hantec Markets’ commitment to aligning with premier sports organizations that share the company’s values of ambition, determination, and excellence.