The Funded Trader Launches DXtrade and Match-Trader Platforms Globally
The Funded Trader launches DXtrade and Match-Trader globally, offering traders advanced tools, cross-platform access, and September promotions for maximized returns.
AXE Securities Acquires Forex Funder, Expands into Prop Trading
AXE Securities, a Bahamian CFDs broker, expands into prop trading with the strategic acquisition of The Forex Funder, enhancing its service offerings.
Karma Prop Traders Shuts Down, But Client Rescue in Sight
Last week, Karma Prop Traders, a newly established proprietary trading firm, unexpectedly announced its closure, sending shockwaves through the trading community. However, in a surprising twist, just days after this announcement, Balapatabendi disclosed that Karma is now engaged in advanced discussions with a leading prop firm that may acquire Karma's client accounts.
What Causes Sudden Shutdowns of Prop Trading Firms?
Discover the factors behind sudden prop trading firm shutdowns, from risk management failures to regulatory challenges, liquidity issues, and market conditions.
Why Prop Firms and Online Brokers Face Sudden Shutdowns
This article explores the key reasons behind the vulnerability of prop firms and online brokers to closures, shedding light on the complexities of the industry.
Another Prop Firm Down: Funds for Traders Ends Operations
The cessation of operations by Funds For Traders and other proprietary trading firms highlights the challenges posed by technological dependencies, inadequate risk management, and market volatility in the prop trading industry.
The Swift Fall of Karma Prop Traders
The rapid demise of Karma, a prop trading firm that collapsed just weeks after significant updates, underscores the challenges and fundamental flaws within the proprietary trading industry, highlighting a broader trend of closures and sustainability issues.
Former XM Executive Desimir Paskalev Ventures into Prop Trading with FundedBull
Desimir Paskalev, a well-known figure in the trading industry and a long-time Partner Relations Manager at retail broker XM, has embarked on a new venture under the name FundedBull. After more than a decade with XM, primarily in Europe, Paskalev has shifted his focus to prop trading.
GoatFunded Trader Faces Backlash Over Payout Denial and Policy Violation
GoatFunded Trader, an online prop trading firm, has recently come under fire following allegations of unethical practices and rule violations. A trader took to X (formerly known as Twitter) to share their friend’s harrowing experience, shedding light on what they describe as a blatant denial of a rightful payout and unjust account termination.
Prop Firm OANDA Enters South Africa
The Prop Trading Firm OANDA launches its Prop Trader program in South Africa, allowing self-directed traders to become signal providers on a profit-sharing basis.
Prop Firm The Funded Trader Launches New Futures Company
Prop trading firm The Funded Trader announces a new futures trading entity, The Futures Traders, amid mixed reactions following recent operational challenges.
Blueberry Markets Launches Prop Trading Services with Blueberry Funded
Blueberry Markets, a forex and contracts for differences (CFDs) broker, has announced the launch of its own prop trading services under the new brand, Blueberry Funded.
UK FCA Fines CBPL £3.5M for High-Risk Customer Violations
The UK FCA has fined CBPL £3.5M for onboarding high-risk customers, violating regulatory requirements, and weak financial crime controls.
FXTrading.com Partners with Prop Firm Capital
FXTrading.com and Prop Firm Capital join forces, promising enhanced trading opportunities and robust support for traders worldwide.
Could This be the Turning Point for My Forex Funds?!
The Commodity Futures Trading Commission (CFTC) is currently embroiled in a controversy surrounding allegations of misconduct by its staff in an ongoing enforcement case against Traders Global Group Inc., the operator of My Forex Funds (MFF), a proprietary trading firm.
ThinkMarkets Launches New Proprietary Trading Brand
ThinkMarkets launches ThinkCapital, a new proprietary trading brand, expanding into prop trading with services initially on MetaTrader 5 and plans to integrate ThinkTrader and TradingView.
Prop Firm Funded Peaks Acquired by Industry Veteran
Seasoned forex veteran Joshua Dentrinos has acquired a partial stake in Funded Peaks, a German-based funded trading firm. Effective immediately, Dentrinos steps into the role of interim Chief Executive Officer.
Goat Funded Trader Rebounds with MetaTrader 4 & a Sleek New Website
Goat Funded Trader (GFT), a proprietary trading firm, has reintroduced access to the MetaTrader 4 platform for its clients, ending a four-month suspension.
Prop Trading Brand Fintokei Expands Global Footprint
Fintokei, the prop trading brand backed by the Seychelles-registered entity of Purple Trading, is expanding its global footprint, targeting new markets in Australia, Europe, and Southeast Asia. The company also has future plans to enter the Latin American markets.
From Forex to Prop Trading: Traders Trust Introduces TradingCult
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.