MyFundedFX Archives - Forex Prop Reviews https://forexpropreviews.com/tag/myfundedfx/ We provide reviews, ratings, and the latest news for Proprietary Trading Firms. Fri, 14 Feb 2025 07:24:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://forexpropreviews.com/wp-content/uploads/2021/04/cropped-Icon-1-32x32.png MyFundedFX Archives - Forex Prop Reviews https://forexpropreviews.com/tag/myfundedfx/ 32 32 Prop Firms Updates of January 2025! ALL IN ONE! https://forexpropreviews.com/prop-firms-updates-of-january-2025-all-in-one/?utm_source=rss&utm_medium=rss&utm_campaign=prop-firms-updates-of-january-2025-all-in-one https://forexpropreviews.com/prop-firms-updates-of-january-2025-all-in-one/#respond Fri, 14 Feb 2025 08:00:00 +0000 https://forexpropreviews.com/?p=70726 As we wrap up another month, we're excited to bring you the latest updates from 18 prop trading firms for January 2025.

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Hello, everyone! As we wrap up another month, we’re excited to bring you the latest updates from 18 prop trading firms for January 2025. This month has been full of exciting developments, from key adjustments to trading goals and regulations to the introduction of innovative new features and the phase-out of older systems. Moreover, each of these changes is designed to enhance the trading experience, ensuring that these firms remain at the forefront of the industry and continue to meet the evolving needs of today’s traders.

With so much to cover, let’s jump right in and break down all the important details! We’ll begin by taking a closer look at the first firm to introduce major updates this January, exploring how they are adapting to the current trading environment and what these changes mean for you, the trader. So, get ready for some valuable insights and exciting updates ahead!

Prop Firms Updates of January 2025! ALL IN ONE!

Let’s dive in:

FXIFY

If you’re a trader with FXIFY, get ready to take your trading to the next level!

  • So, FXIFY has rolled out complimentary access to a powerful suite of professional trading tools and resources. Completely free for all its traders. 

FundingPips

Next up is FundingPips.

  • They have shared an exciting update to their affiliate program, making it more rewarding than ever for partners who refer talented traders to the platform. 

The5%ers

Now, let’s take a look at The5%ers.

  • The5%ers has rolled out an exciting new update called The5%ers HUB, which officially went live on Wednesday, January 22. 

E8 Markets

Let’s turn our attention to E8 Markets.

  • E8 Markets has expanded its offering by bringing back larger account sizes for its 2-Step Classic Model. Traders can now choose between $200K and $400K accounts, doubling the possibilities for those looking to grow their trading careers. 

RebelsFunding

RebelsFunding has just announced a significant boost to its profit-sharing model and risk parameters, offering traders more earning potential and flexibility.

  • One of the biggest changes at RebelsFunding is the enhanced profit split for its Diamond Program. 
  • Alongside the profit split increase, RebelsFunding has also made a small but impactful change to its risk management rules. The maximum drawdown has been raised from 5% to 6%.

TopTier Trader

Another firm, TopTier Trader, is making strides in education and trader empowerment.

  • TopTier Trader has officially launched Levels, a new trading platform designed to revolutionize the prop trading industry. 
  • To further support traders, TopTier Trader has developed the Trader Quiz, a tool designed to assess trading knowledge and skill levels. 
  • Building on its commitment to trader development, TopTier Trader has also launched TopTier Academy, a comprehensive learning platform designed to support traders at all levels.

FunderPro

FunderPro is making headlines this month with two significant updates that expand trading opportunities and ensure compliance with evolving regulations.

  • The firm has officially announced the upcoming launch of FunderPro Futures, a dedicated futures trading platform designed to provide traders with more flexibility and access to new markets. 
  • In addition to expanding its trading capabilities, FunderPro has also made an important adjustment to its payment processes for clients in the European Union. Due to recent regulatory changes restricting the use of Tether (USDT) for EU-based transactions, the firm has decided to transition from USDT to USD Coin (USDC) for all future Affiliate and Funded Trader payouts. 

Wall Street Funded

Wall Street Funded has made a noteworthy update this month.

  • They have rolled out the new website and client dashboard URLs, aiming to enhance the overall user experience for its traders. 
  • Additionally, the firm has introduced a new client control panel at https://dashboard.wallstreetfunded.com/, which is designed to provide a more user-friendly interface and smoother navigation for traders managing their accounts. 

PipFarm

PipFarm has introduced exciting updates to provide its traders with more flexibility and opportunities to grow within their evaluation programs.

  • The firm has rolled out several new evaluation modes, including Consistency Mode, Classic Mode, and Endurance Mode, all available for both two-step and one-step evaluations. 
  • In addition to the new evaluation modes, PipFarm has revamped its scaling system with the introduction of Smart Scaling and Scaling Buffer features. 

Prop Nimbus

Prop Nimbus introduced some significant updates in January 2025, aimed at making trading more accessible and inclusive for a wider range of traders.

  • First, the firm has permanently reduced the price of its popular $5k Challenge. 
  • In addition to the price reduction, Prop Nimbus has also made strides in expanding its reach by lifting restrictions on traders from Pakistan and Malaysia. 

City Traders Imperium

City Traders Imperium has kicked off 2025 with a major overhaul of its funding programs.

  • The firm has introduced a complete revamp, offering a range of new and enhanced funding options designed to provide more flexibility for traders at all experience levels. 
  • In addition to the revamped funding programs, City Traders Imperium has launched an exciting new initiative aimed at rewarding traders for their dedication and consistency. 

Blueberry Funded

Blueberry Funded is making headlines in the trading world with an extraordinary achievement.

  • The firm has announced that it has distributed a record total of $133,583 in payouts to its top-performing trader. 
  • The firm has officially launched TradeLocker, a powerful and feature-rich trading platform now available to all its traders. 

Alpha Capital Group

Alpha Capital Group has rolled out two exciting updates that are sure to enhance the trading experience for its users.

  • First up, the firm introduced the Public Share feature, which allows traders to easily share their trading performance, milestones, and progress with their network through a simple link. 
  • In addition to this, Alpha Capital Group has made an impactful change to its payout structure with the introduction of on-demand payouts. 

Crypto Fund Trader

Crypto Fund Trader has rolled out several exciting new features that bring flexibility and convenience to its traders.

  • One of the most significant updates is the introduction of the Reset Account feature. 
  • In addition, Crypto Fund Trader has launched the Migrate Account feature, which allows traders to seamlessly switch between different trading platforms offered by the firm. 
  • Lastly, Crypto Fund Trader has introduced the PNL Card feature, a tool designed to enhance trader engagement and foster a stronger sense of community. 

The Trading Pit

Next up is The Trading Pit

  • The Trading Pit has recently announced the creation of a Stock Program Waitlist, which is sure to capture the attention of stock traders worldwide. 

Blue Guardian

Now we have Blue Guardian

  • So, Blue Guardian has just introduced its Instant Funded Model, a groundbreaking update that allows traders to skip the typical challenge phases and receive funded accounts right away. 

MyFundedFX

Next up is MyFundedFX. They have exciting news for non-US traders.

  • The firm will offer them the opportunity to voluntarily migrate back to the MetaTrader 5 Seacrest Markets platform. 

The Funded Trader

The Funded Trader has made a significant shift in its challenge offerings.

  • The firm has officially removed the Standard and Rapid Challenges, replacing them with two new options: the Royal Pro Challenge and the Knight Pro Challenge. 

For the details of all these updates, watch the full Prop Firms Updates of January 2025 Video:

So, as we wrap up our review of the major updates from proprietary trading firms for January, it’s evident that these 18 firms have made impressive strides this month. These updates not only reflect the latest industry trends but are also thoughtfully designed to improve the overall trading experience for their users. With the trading landscape continuing to evolve at a rapid pace, we can certainly expect even more exciting developments on the horizon.

Also, don’t forget to check the Discount Codes we offer for various prop firms. 

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February Offer: Seacrest Funded Rolls Out 20% Discount! https://forexpropreviews.com/february-offer-seacrest-funded-rolls-out-20-discount/?utm_source=rss&utm_medium=rss&utm_campaign=february-offer-seacrest-funded-rolls-out-20-discount https://forexpropreviews.com/february-offer-seacrest-funded-rolls-out-20-discount/#respond Thu, 13 Feb 2025 10:00:00 +0000 https://forexpropreviews.com/?p=70656 Seacrest Funded, formerly known as MyFundedFX, has announced an exciting offer for February. In celebration of their recent rebranding, the firm is offering traders a 20% discount on all evaluation plans. This offer is available to both new and existing customers. You can use the promo code “REBRAND” during checkout. The promotional period is valid […]

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Seacrest Funded, formerly known as MyFundedFX, has announced an exciting offer for February. In celebration of their recent rebranding, the firm is offering traders a 20% discount on all evaluation plans. This offer is available to both new and existing customers. You can use the promo code “REBRAND” during checkout.

The promotional period is valid until February 18, giving traders ample time to take advantage of the discount. One of the most attractive features of the promo is that there are unlimited uses per customer, meaning traders can use the code multiple times across different evaluation plans. The discount applies to all the evaluation plans offered by Seacrest Funded, making this an excellent opportunity for aspiring traders to join the platform at a reduced cost.

Seacrest Funded, formerly known as MyFundedFX, has announced an exciting offer for February. Read it all and take advantage.

February Offer: Seacrest Funded Rolls Out 20% Discount

The rebranding from MyFundedFX to Seacrest Funded marks an important milestone in the firm’s growth, and this February offer underscores their commitment to providing accessible trading opportunities. Known for offering evaluation plans that allow traders to showcase their skills and earn funded accounts, Seacrest Funded remains a popular choice among traders looking to join a prop trading firm.

This February promo is a part of Seacrest Funded’s broader strategy to attract new traders while rewarding loyal customers who have been with them throughout the transition. Whether you’re an experienced trader or just starting your prop trading journey, this offer provides a unique chance to engage with the firm’s comprehensive evaluation process at a discounted price.

With the deadline fast approaching, traders have to act quickly and take advantage of the promo before it expires on February 18.

About the Firm

Here are some interesting facts about the firm:

  • Maximum Daily Drawdown Scaling Feature
  • Maximum Drawdown Scaling Feature
  • First Payout After 7 or 14 Days (Depending on Challenge)
  • Bi-weekly or Weekly Payouts (Depending on Challenge)
  • Profit Share of 80% up to 92.75%
  • Overnight & Weekend Holding Allowed
  • Balance-based Drawdown

Also, don’t forget to read the Review.

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Seacrest Funded (MyFundedFX) New Policy for US Customer! https://forexpropreviews.com/seacrest-funded-myfundedfx-new-policy-for-us-customer/?utm_source=rss&utm_medium=rss&utm_campaign=seacrest-funded-myfundedfx-new-policy-for-us-customer https://forexpropreviews.com/seacrest-funded-myfundedfx-new-policy-for-us-customer/#respond Tue, 11 Feb 2025 08:00:00 +0000 https://forexpropreviews.com/?p=70569 Seacrest Funded, formerly known as MyFundedFX, has revealed an important policy shift affecting its US customer base. The proprietary trading firm has decided to indefinitely restrict new purchases of its services from customers based in the United States. This decision comes after careful consideration of multiple factors, though the firm did not disclose specifics regarding the […]

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Seacrest Funded, formerly known as MyFundedFX, has revealed an important policy shift affecting its US customer base. The proprietary trading firm has decided to indefinitely restrict new purchases of its services from customers based in the United States. This decision comes after careful consideration of multiple factors, though the firm did not disclose specifics regarding the reasons behind the move.

The company emphasized that the decision was necessary to maintain the long-term success and stability of its operations. While this restriction applies to new customers, Seacrest Funded has assured existing U.S. clients that their access to services will not be impacted by the change. The firm made it clear that anyone who has already purchased its services will continue to receive the same level of support and access they have always enjoyed.

Seacrest Funded (MyFundedFX) Shares New Policy for US Customer Base

“After careful consideration and with deep regret, we have made the difficult decision to indefinitely restrict new purchases of our services from customers based in the United States. This decision is based on various factors, and we felt it was necessary to ensure the continued success and stability of our operations for the future,” the company shared in a public statement.

Seacrest Funded expressed its gratitude to its U.S. clients for their ongoing support, emphasizing that they remain fully committed to maintaining high-quality service standards. While this move may impact the company’s future customers in the U.S., the firm is ready to deliver its proprietary trading services to existing clients without disruption.

The company’s decision highlights the complexities of operating in the industry, where firms often face regulatory and operational challenges. As Seacrest Funded navigates this new chapter, its commitment to existing customers remains a top priority.

Also, use our Discount Code (FOREXPROPREVIEWS) for a 10% Discount or read the Review.

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MyFundedFX Announces Rebranding to Seacrest Funded! https://forexpropreviews.com/myfundedfx-announces-rebranding-to-seacrest-funded/?utm_source=rss&utm_medium=rss&utm_campaign=myfundedfx-announces-rebranding-to-seacrest-funded https://forexpropreviews.com/myfundedfx-announces-rebranding-to-seacrest-funded/#respond Mon, 10 Feb 2025 16:00:00 +0000 https://forexpropreviews.com/?p=70453 MyFundedFX has announced its official rebranding to Seacrest Funded. The transformation will encompass a new firm name, logo, color scheme, and other branding elements, also reflecting the firm’s commitment to innovation and growth. Moreover, the firm reassures its traders and community members that this rebranding is purely aesthetic and will not impact trading activities, accounts, payouts, […]

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MyFundedFX has announced its official rebranding to Seacrest Funded. The transformation will encompass a new firm name, logo, color scheme, and other branding elements, also reflecting the firm’s commitment to innovation and growth.

Moreover, the firm reassures its traders and community members that this rebranding is purely aesthetic and will not impact trading activities, accounts, payouts, or daily operations. CEO Matthew Leech states that the company will implement the transition in stages over the coming days, emphasizing a seamless and efficient rollout.

MyFundedFX Announces Rebranding to Seacrest Funded

“This rebranding reflects our commitment to evolving and delivering the best possible service and experience to you,” said Leech in a statement to the community. “We remain dedicated to the same exceptional company, the same reliable plans, and the same high level of customer service you have come to expect and love.”

Furthermore, as the firm undergoes these visual and branding changes, it assures its traders that their experience will remain uninterrupted. So, the move is a strategic step to align with future growth opportunities and reinforce the firm’s position in the competitive proprietary trading space.

Traders and community members can expect regular updates on the transition process, ensuring transparency and a smooth shift to the new identity.

Seacrest Funded encourages traders to follow its official communication channels for more details and updates on the rebrand.

About My FundedFX

My FundedFX is a proprietary firm incorporated in June 2022 with an office in the US. It offers its traders a chance to merge their accounts up to $300,000 with an additional scaling plan to increase their balance even further. They have partnered with Eightcap as their broker.

Also, for more details about the firm, please read the Review or use our discount code (FOREXPROPREVIEWS) for a 10% discount!

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MyFundedFX Offers Non-US Traders Option to Return to MT5! https://forexpropreviews.com/myfundedfx-offers-non-us-traders-option-to-return-to-mt5/?utm_source=rss&utm_medium=rss&utm_campaign=myfundedfx-offers-non-us-traders-option-to-return-to-mt5 https://forexpropreviews.com/myfundedfx-offers-non-us-traders-option-to-return-to-mt5/#respond Thu, 16 Jan 2025 08:00:00 +0000 https://forexpropreviews.com/?p=68487 MyFundedFX has shared exciting news for its traders. Starting tonight, MyFundedFX will be offering non-US traders the option to voluntarily migrate back to the MT5 Seacrest Markets trading platform. This comes after several migrations and changes that the company had to implement, resulting in traders using different platforms, some of which were not their preferred options. MyFundedFX Offers […]

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MyFundedFX has shared exciting news for its traders. Starting tonight, MyFundedFX will be offering non-US traders the option to voluntarily migrate back to the MT5 Seacrest Markets trading platform. This comes after several migrations and changes that the company had to implement, resulting in traders using different platforms, some of which were not their preferred options.

MyFundedFX Offers Non-US Traders Option to Return to MT5

MyFundedFX expressed gratitude to its traders for remaining loyal throughout the challenges posed by recent platform migrations. The company acknowledged the difficulties customers faced and emphasized that they have been working diligently to bring back the option to use the preferred MT5 Seacrest Markets platform. They hope this move demonstrates their commitment to meeting customer preferences and providing a better trading experience.

While the migration process is voluntary, it is important for traders to note that the submissions will open tonight, with the actual migration taking place on Friday, January 24, 2025, between 9:00 am EST and market close at 5:00 pm EST. During this time, it is crucial that traders who choose to migrate ensure that all their positions are flat, with no pending orders. If any open positions are left during the migration process, they will be closed at a gain or loss, and no compensation will be provided for the outcome.

The firm emphasized that traders who wish to remain on their current platforms can do so without any action required. However, for those looking to switch back to MT5 Seacrest Markets, the submission form is available: Migration form link.

MyFundedFX continues to show its commitment to delivering the best trading experience for its users and looks forward to smoother operations for its traders.

About the Firm

MyFundedFX offers traders five different challenge programs that aim to provide an opportunity to trade without risking their own capital. Profitable traders receive a payment based on a specific percentage of the profits they make while having no liability on the firm’s capital, meaning that they will cover all losses.

Also, use our Discount Code (FOREXPROPREVIEWS) for a 10% Discount or read the Review.

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MyFundedFX Kicks Off 2025 with New January Discount! https://forexpropreviews.com/myfundedfx-kicks-off-2025-with-new-january-discount/?utm_source=rss&utm_medium=rss&utm_campaign=myfundedfx-kicks-off-2025-with-new-january-discount https://forexpropreviews.com/myfundedfx-kicks-off-2025-with-new-january-discount/#respond Wed, 08 Jan 2025 08:00:00 +0000 https://forexpropreviews.com/?p=67564 MyFundedFX has kicked off the New Year with an exciting January Discount that aims to support traders in their journey to independence. The firm recently announced its “NEWYEAR20” promo code, which offers a generous 20% discount across all trading plans. The promotion is available for the entire month of January, allowing traders ample time to take […]

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MyFundedFX has kicked off the New Year with an exciting January Discount that aims to support traders in their journey to independence. The firm recently announced its “NEWYEAR20” promo code, which offers a generous 20% discount across all trading plans. The promotion is available for the entire month of January, allowing traders ample time to take advantage of this offer and kick-start their trading goals in 2025.

MyFundedFX has kicked off the New Year with an exciting January Discount that aims to support traders in their journey to independence.

MyFundedFX Kicks Off 2025 with New January Discount

The discount is open to both new and existing customers, and the best part is that the code can be used an unlimited number of times per customer until the end of January 2025. This means traders have the flexibility to apply the discount to multiple purchases during the promotional period, giving them an excellent opportunity to explore various plans MyFundedFX offers.

MyFundedFX is famous for providing traders with the capital they need to succeed without risking their own funds. With a range of plans designed to suit different levels of traders, from beginners to seasoned professionals, MyFundedFX offers traders access to capital in exchange for a share of profits. This allows traders to focus on honing their skills and strategies while trading with substantial funding.

The January discount is going to attract a significant number of traders looking to benefit from MyFundedFX’s programs at a reduced cost. By offering a 20% discount, the firm is making it even more accessible for traders to start or enhance their trading experience.

Traders interested in the promotion can use the code “NEWYEAR20” at checkout. The promo is valid until January 31, 2025, and is available for all plans, offering a fantastic opportunity to start the year off on the right foot.

About the Firm

MyFundedFX presents traders with challenge programs designed to offer them a chance to engage in trading without exposing their personal capital to risk. Successful traders are rewarded with a payment based on their profits. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $300,000 and receive up to 92.75% profit splits.

Also, don’t forget to read the Review.

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MyFundedFX Opens Registration for January 2025 Competition! https://forexpropreviews.com/myfundedfx-opens-registration-for-january-2025-competition/?utm_source=rss&utm_medium=rss&utm_campaign=myfundedfx-opens-registration-for-january-2025-competition https://forexpropreviews.com/myfundedfx-opens-registration-for-january-2025-competition/#respond Fri, 13 Dec 2024 16:00:00 +0000 https://forexpropreviews.com/?p=66337 MyFundedFX has officially opened registration for its highly anticipated January 2025 trading competition. The trading community is buzzing with excitement, and participants from around the globe are preparing to showcase their skills and vie for the coveted championship title. This competition is more than just a chance to prove your trading expertise; it’s an opportunity to […]

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MyFundedFX has officially opened registration for its highly anticipated January 2025 trading competition. The trading community is buzzing with excitement, and participants from around the globe are preparing to showcase their skills and vie for the coveted championship title.

This competition is more than just a chance to prove your trading expertise; it’s an opportunity to join an elite league of traders, gain recognition, and potentially secure impressive rewards. Additionally, MyFundedFX has consistently set a high standard in the industry by combining competitive challenges with real-world trading scenarios, making their events a top choice for aspiring and experienced traders.

MyFundedFX Opens Registration for January 2025 Competition

MyFundedFX Opens Registration for January 2025 Competition

The January 2025 event promises to be the biggest yet, with enhancements in the competition format, new tools for participants, and greater opportunities for success. The firm announces that registering is simple and can be done directly through its website. Furthermore, they designed the January trading competition to inspire traders to push their limits while fostering community and collaboration within the trading world. Excited to open registrations, the firm eagerly awaits seeing participants rise to the challenge.

Participants can register for the January trading competition now by visiting MyFundedFX‘s official website. Early registration is encouraged to secure a spot in this electrifying event.

So, don’t miss the chance to start 2025 with a bang! Whether you’re a seasoned trader or a newcomer looking to make a mark, the January 2025 competition is your stage.

Register today and take your first step toward trading glory!

About the Firm

Here are some interesting facts about the firm:

  • Scaling Plan
  • Maximum Daily Drawdown Scaling Feature
  • Maximum Drawdown Scaling Feature
  • First Payout After 7 or 14 Days (Depending on Challenge)
  • Bi-weekly or Weekly Payouts (Depending on the Challenge)
  • Profit Share of 80% up to 92.75%

Also, don’t forget to read the Review.

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Save 20% This Holiday Season with MyFundedFX Exclusive Deal! https://forexpropreviews.com/save-20-this-holiday-season-with-myfundedfx-exclusive-deal/?utm_source=rss&utm_medium=rss&utm_campaign=save-20-this-holiday-season-with-myfundedfx-exclusive-deal https://forexpropreviews.com/save-20-this-holiday-season-with-myfundedfx-exclusive-deal/#respond Wed, 11 Dec 2024 10:00:00 +0000 https://forexpropreviews.com/?p=66155 MyFundedFX is celebrating the holiday season by offering traders a festive deal. From December 11, 2024, to January 5, 2025, traders can enjoy 20% off on every challenge by using the promo code DECEMBER2024. This exclusive offer aims to provide both new and experienced traders with a chance to secure a funded trading account while saving money […]

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MyFundedFX is celebrating the holiday season by offering traders a festive deal. From December 11, 2024, to January 5, 2025, traders can enjoy 20% off on every challenge by using the promo code DECEMBER2024. This exclusive offer aims to provide both new and experienced traders with a chance to secure a funded trading account while saving money during the holidays.

The holiday deal comes as part of MyFundedFX’s commitment to helping traders achieve their financial goals with fewer barriers to entry. By using this discount, traders can gain access to the firm’s funded accounts, allowing them to trade with MyFundedFX’s capital instead of their own. The challenges offered by the firm are going to assess a trader’s skill, discipline, and profitability, with successful participants being awarded funded accounts.

MyFundedFX is celebrating the holiday season by offering traders a festive deal with 20% off on every challenge.

Save 20% This Holiday Season with MyFundedFX Exclusive Deal

Also, MyFundedFX holiday special is intended to give back to the trading community and welcome new traders who want to start 2025 on the right foot. The firm emphasized the importance of providing traders with a clear pathway to growth, and this deal allows them to save on costs while pursuing their trading careers.

The offer is available to traders around the world and applies to all challenge levels, making it accessible to both novice traders looking to prove themselves and seasoned professionals seeking to expand their trading horizons. MyFundedFX has positioned itself as a popular choice for traders seeking funding, offering flexible account sizes and competitive profit splits.

So, this holiday special offers a perfect opportunity for traders to take advantage of the firm’s funding solutions at a reduced cost and enter 2025 with momentum. Also, to participate, traders can visit MyFundedFX’s website and apply the promo code DECEMBER2024 at checkout.

About the Firm

Here are some interesting facts about the firm:

  • Scaling Plan
  • Maximum Daily Drawdown Scaling Feature
  • Maximum Drawdown Scaling Feature
  • First Payout After 7 or 14 Days (Depending on Challenge)
  • Bi-weekly or Weekly Payouts (Depending on the Challenge)
  • Profit Share of 80% up to 92.75%

Also, don’t forget to read the Review.

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MyFundedFX Shares Update of Purple Trader Platform! https://forexpropreviews.com/myfundedfx-shares-update-of-purple-trader-platform/?utm_source=rss&utm_medium=rss&utm_campaign=myfundedfx-shares-update-of-purple-trader-platform https://forexpropreviews.com/myfundedfx-shares-update-of-purple-trader-platform/#respond Tue, 10 Dec 2024 08:00:00 +0000 https://forexpropreviews.com/?p=66094 MyFundedFX has shared an important update regarding the Purple Trader platform, which is to enhance traders’ experience. In a recent announcement, the firm shared that Purple Trader made adjustments over the weekend, primarily impacting its liquidity providers. These changes have led to a modification in the minimum and step sizes for trading Litecoin (LTCUSD). According to MyFundedFX, […]

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MyFundedFX has shared an important update regarding the Purple Trader platform, which is to enhance traders’ experience. In a recent announcement, the firm shared that Purple Trader made adjustments over the weekend, primarily impacting its liquidity providers. These changes have led to a modification in the minimum and step sizes for trading Litecoin (LTCUSD).

According to MyFundedFX, the minimum trading size and the step size for LTCUSD have been updated to 0.1 from the previous 0.01. This adjustment reflects changes in liquidity provision and aims to align trading conditions with market requirements. The new trading increments will likely influence the strategies of traders who engage in Litecoin trading, particularly those who focus on precise, small-volume trades. However, traders working with larger volumes may feel a small impact.

MyFundedFX Shares Update of Purple Trader Platform

In addition to the changes with Litecoin, Purple Trader has also expanded its crypto trading offerings by adding new cryptocurrency pairs to the platform. MyFundedFX highlighted that the inclusion of these additional symbols will provide traders with broader opportunities to diversify their portfolios and explore new markets within the fast-evolving industry.

The decision to expand crypto symbols comes at a time when the demand for digital asset trading continues to grow, providing traders with more avenues to take advantage of market movements. The firm has not yet disclosed details about the specific cryptocurrency pairs that have been added, but it is going to say that they will cater to a wide range of traders, from beginners to seasoned professionals.

These updates underscore the commitment to providing an enhanced trading experience by continuously adapting to market trends and liquidity conditions. Traders using the platform should remain informed about these developments so they can adjust their strategies accordingly.

About the Firm

Here are some interesting facts about the firm:

  • No Minimum & Maximum Trading Day Requirements
  • Scaling Plan
  • Maximum Daily Drawdown Scaling Feature
  • Maximum Drawdown Scaling Feature
  • First Payout After 7 or 14 Days (Depending on Challenge)
  • Bi-weekly or Weekly Payouts (Depending on the Challenge)
  • Profit Share of 80% up to 92.75%

Also, use our Discount Code (FOREXPROPREVIEWS) for a 10% Discount or read the Review.

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Best 10 Prop Trading Firms of October 2024! https://forexpropreviews.com/best-10-prop-trading-firms-of-october-2024/?utm_source=rss&utm_medium=rss&utm_campaign=best-10-prop-trading-firms-of-october-2024 https://forexpropreviews.com/best-10-prop-trading-firms-of-october-2024/#respond Tue, 19 Nov 2024 08:00:00 +0000 https://forexpropreviews.com/?p=64407 Hey everyone. Today, we’re diving into the world of proprietary (prop) trading firms as we reveal our top 10 picks for October 2024. Our rankings are based on thorough firsthand experiences with these exceptional companies. So, you can trust that we’re bringing you the most reliable recommendations. We will take you through detailed overviews of […]

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Hey everyone. Today, we’re diving into the world of proprietary (prop) trading firms as we reveal our top 10 picks for October 2024. Our rankings are based on thorough firsthand experiences with these exceptional companies. So, you can trust that we’re bringing you the most reliable recommendations.

We will take you through detailed overviews of each firm, highlighting their global offerings and unique features tailored to traders. 

Best 10 Prop Trading Firms of October 2024!

So, let’s jump right into our roundup of the top 10 proprietary trading firms for October! Whether you’re an experienced trader or just starting your journey, there’s something for everyone. Let’s get started!

10. MyFundedFX

Ranked 10th on our list, MyFundedFX is a well-regarded proprietary trading firm founded in June 2022 and led by Matthew Leech. Based in Texas, USA, the firm has rapidly gained recognition in the industry. MyFundedFXoffers a range of funding programs, including two two-step evaluations, a one-step evaluation, and a three-step evaluation, with account sizes ranging from $5,000 to $100,000. Each program includes scaling options, giving traders the flexibility to select the path that best aligns with their trading goals and preferences.

9. FunderPro

FunderPro ranks 9th on our list, a prominent proprietary trading firm founded by Gary Mullen in February 2023. The firm offers a range of funding programs designed to meet the diverse needs of traders. These include two two-step evaluations and a one-step evaluation, with account sizes ranging from $5,000 to $200,000. Each program comes with a scaling option, providing traders with ample opportunities for growth. With these three distinct funding paths, traders can select the option that best aligns with their goals and preferences. 

8. Funded Trading Plus

Ranking 8th on our list is Funded Trading Plus, a prominent proprietary trading firm founded by Simon Massey in December 2021. The firm offers a range of funding programs designed to meet the diverse needs and preferences of traders. These include two two-step evaluations, a one-step evaluation, and a direct funding option, with account sizes ranging from $5,000 to $200,000. Each program features a scaling option, allowing traders the opportunity to grow their accounts over time. With four distinct funding pathways available, traders can select the option that best suits their goals and strategies. 

7. Alpha Capital Group

Ranked 7th on our list is Alpha Capital Group. It is a leading proprietary trading firm that has been offering trader funding since November 2021. Headquartered in London, UK, and led by CEO George Kohler, the firm has quickly made its mark in the prop trading industry. Alpha Capital Group offers three funding programs, two two-step evaluation processes, and a one-step evaluation, with account sizes ranging from $5,000 to $200,000, along with scaling options. This flexibility enables traders to select the account size that best suits their trading goals and preferences. In terms of technology, Alpha Capital Group operates its own brokerage, ACG Markets, ensuring a smooth and integrated trading experience. 

6. FTMO

Ranked 6th on our list is FTMO, a well-respected proprietary trading firm that has been providing trader funding since September 2015. Based in Prague, Czech Republic, and led by CEO Otakar Suffner, FTMO has firmly established itself as a leader in the prop trading industry. The firm offers a single, structured funding program with a two-step evaluation process featuring account sizes ranging from $10,000 to $200,000, along with optional scaling opportunities. This flexibility allows traders to select the account size that best aligns with their goals and preferences. 

5. E8 Markets

Claiming the 5th spot in our rankings is E8 Markets, a prominent proprietary trading firm founded by Dylan Elchami in November 2021. Based in the United States, with its headquarters in Dallas, Texas, E8 Markets offers a wide range of funding programs, giving traders numerous options. These include a two-step evaluation, two three-step evaluations, two one-step evaluations, and customizable two-step and three-step evaluations. Account sizes range from $5,000 to $400,000, with additional scaling opportunities available. This diverse selection allows traders to choose the program that best aligns with their goals and preferences. 

4. FXIFY

Ranked 4th on our list is FXIFY. It is a prominent proprietary trading firm founded in May 2023 by David Bhidey and Peter Brown. Headquartered in London, UK, FXIFY provides a variety of funding programs designed to meet the needs of different traders, including a two-step evaluation, a three-step evaluation, and a one-step evaluation, each tailored to specific trading goals. Account sizes range from $5,000 to $400,000, with scaling options available, offering traders the flexibility to choose the program that best suits their objectives. 

3. Funding Pips

Claiming 3rd place in our October rankings is Funding Pips, an innovative firm founded in August 2022 by Khaled Ayesh. Based in the United Arab Emirates, Funding Pips has quickly built a strong global presence. The firm offers a wide range of funding programs, including three two-step evaluations, a one-step evaluation, and a three-step evaluation, with account sizes ranging from $5,000 to $100,000, all featuring scaling options. This variety allows traders to select the account type and size that best aligns with their trading goals and preferences. 

2. FundedNext

Claiming the 2nd spot in our rankings is FundedNext, a dynamic trading firm founded in March 2022 and led by Syed Abdullah Jayed. Based in Dubai, United Arab Emirates, FundedNext has quickly established itself in the industry. The firm provides a variety of funding programs, including three two-step evaluations and three one-step evaluations, with account sizes ranging from $5,000 to $200,000, all offering scaling options. These flexible programs enable traders to select the plan that best suits their trading objectives and preferences. 

1. The5%ers

Leading our October rankings is The5%ers, a resilient proprietary trading firm founded in January 2016 and led by Saul Lokier. With offices in both Israel and London, UK, The5%ers has established a solid reputation within the prop trading industry. The firm offers a range of funding programs, including two-step and three-step evaluations, as well as a direct funding option. These programs cater to account sizes ranging from $5,000 to $250,000, with scaling opportunities. This flexibility allows traders to select the plan that aligns best with their trading goals and preferences.

That is not all. There are more details that you should know, so why don’t you watch the full Best 10 Prop Trading Firms of October 2024 Video:

As we wrap up our list of the top 10 proprietary trading firms for October 2024, we want to emphasize that these rankings are based on our personal experiences with each company, ensuring you receive an honest and well-informed perspective.

Also, don’t forget to check the Discount Codes we offer for Various Prop Firms.

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