The Funded Trader has joined some of its peers in
the proprietary industry in migrating to DXTrade. According to an announcement
by the company on X, this step enables traders to receive real-time insights.
It followed similar moves by other proprietary trading firms, including Swift Funding.
The Funded Trader mentioned: “Soon, we’ll be
launching DXTrade, and this will change your trading experience forever! With
cutting-edge technology and features specifically designed to revolutionize
your trading experience, DXTrade brings speed, efficiency, and smooth trading
to your experience.”
Big News, Traders! Welcome DXTrade to The Funded Trader Family!
Soon we’ll be launching DXTrade, and this will change your trading experience forever! With cutting-edge technology and features specifically designed to revolutionize your trading experience, DXTrade brings… pic.twitter.com/lLGwWK60wN
— The Funded Trader (@thefundedtrader) February 22, 2024
The Funded Trader, under the stewardship of CEO
Angelo Ciaramello, is a proprietary trading platform in the United
States. According to propfirmmatch.com, the firm has been in operation for two
years.
The Funded Trader offers a range of account sizes
from $5,000 to $400,000. Leveraging instruments such as Forex, Commodities,
Indices, and Cryptocurrencies , traders navigate varying leverage options across
different account types and phases.
Among the proprietary trading firms migrating to
DXTrade is MyFundedFX, which plans to migrate its clients’ accounts commencing
on February 23, 2024.
During this transition, all trading activities will
be temporarily suspended to facilitate a smooth transfer of accounts to the
DXtrade platform, the company mentioned. The firm has advised its users to
close any open transaction before the migration commences to avoid automatic
closure by the system.
Proprietary Trading Firms Navigate Migration
Challenges
MetaQuotes‘ recent efforts to enforce stricter
compliance measures, particularly concerning US regulations, have triggered a
cascade of repercussions within the proprietary trading industry.
Several firms have been compelled to reevaluate
their relationship with MetaQuotes amidst growing concerns over serving US
clients. The heightened scrutiny has prompted some prop firms to suspend
services and seek alternative platforms to ensure regulatory compliance and
operational stability.
The Funded Trader has joined some of its peers in
the proprietary industry in migrating to DXTrade. According to an announcement
by the company on X, this step enables traders to receive real-time insights.
It followed similar moves by other proprietary trading firms, including Swift Funding.
The Funded Trader mentioned: “Soon, we’ll be
launching DXTrade, and this will change your trading experience forever! With
cutting-edge technology and features specifically designed to revolutionize
your trading experience, DXTrade brings speed, efficiency, and smooth trading
to your experience.”
Big News, Traders! Welcome DXTrade to The Funded Trader Family!
Soon we’ll be launching DXTrade, and this will change your trading experience forever! With cutting-edge technology and features specifically designed to revolutionize your trading experience, DXTrade brings… pic.twitter.com/lLGwWK60wN
— The Funded Trader (@thefundedtrader) February 22, 2024
The Funded Trader, under the stewardship of CEO
Angelo Ciaramello, is a proprietary trading platform in the United
States. According to propfirmmatch.com, the firm has been in operation for two
years.
The Funded Trader offers a range of account sizes
from $5,000 to $400,000. Leveraging instruments such as Forex, Commodities,
Indices, and Cryptocurrencies , traders navigate varying leverage options across
different account types and phases.
Among the proprietary trading firms migrating to
DXTrade is MyFundedFX, which plans to migrate its clients’ accounts commencing
on February 23, 2024.
During this transition, all trading activities will
be temporarily suspended to facilitate a smooth transfer of accounts to the
DXtrade platform, the company mentioned. The firm has advised its users to
close any open transaction before the migration commences to avoid automatic
closure by the system.
Proprietary Trading Firms Navigate Migration
Challenges
MetaQuotes‘ recent efforts to enforce stricter
compliance measures, particularly concerning US regulations, have triggered a
cascade of repercussions within the proprietary trading industry.
Several firms have been compelled to reevaluate
their relationship with MetaQuotes amidst growing concerns over serving US
clients. The heightened scrutiny has prompted some prop firms to suspend
services and seek alternative platforms to ensure regulatory compliance and
operational stability.
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- Source: https://www.financemagnates.com//forex/prop-trading-firm-the-funded-trader-joins-counterparts-in-dxtrade-migration/
