Hey guys. Well, another month has ended, which means that we’re here to present all of the prop trading firm updates that occurred in the industry during August of 2024.
In total, we’ll cover 15 prop trading firms that have made some changes and updates throughout the month of August. These updates cover a wide range of changes from some of the industry-leading prop trading firms, reflecting the continuous growth and improvements within the entire industry for traders.
Prop Firm Updates of August! ALL IN ONE!
But with further ado, in no real particular order, let’s dive into our list of the key updates that occurred in the industry during August.
FXIFY
Alright, the first proprietary trading firm on the list is FXIFY.
- The firm made a significant move this month with the integration of the DxTrade platform into its infrastructure.
FundedNext
Next up are some important updates from FundedNext, a firm that is making a lot of headlines with a series of new measures and features this month.
- To begin with, FundedNext has introduced new country restrictions on both new purchases and account resets.
- In addition to the restrictions, FundedNext is implementing a maximum allocation limit of $50,000 USD for traders in specific countries.
- On a brighter note, FundedNext has rolled out a very exciting new feature: the “My Offers” section.
MyFundedFX
Now, let’s turn our attention to MyFundedFX, which is making some waves with exciting new integrations and enhancements to its platform.
- MyFundedFX has announced the integration of TradingView charting with MatchTrader, the trading platform available to its users.
- But that’s not all—MyFundedFX has also made some strides in improving its trader activation process. From now on, traders who successfully pass the challenge can expect quick activation within just 28 to 48 hours.
Alpha Capital Group
Up next is some exciting news from Alpha Capital Group. They’ve got some impressive updates that are sure to catch the attention of traders looking for speed and specialization.
- Effective immediately, the firm promises to process and activate new trading accounts within just 24 hours of signing a contract.
- They’ve also introduced a new trading evaluation program called the Alpha Swing Trading Evaluation Plan.
PipFarm
Next, let’s check out what’s happening over at PipFarm. This firm is making waves by offering traders more options when it comes to their funding programs.
- PipFarm has introduced a brand new funding option for traders: the Two-Phase Evaluation Program.
Finotive Funding
Turning our attention next to Finotive Funding, a firm that’s making significant strides in global accessibility and financial technology.
- Finotive Funding has made an exciting new announcement with the integration of NOWPayments into its platform.
- Finotive Funding has also expanded its payment options to ensure global access without borders.
Goat Funded Trader
Up next is Goat Funded Trader, a firm known around the industry for its flexibility and innovative approaches to trading payouts and payments.
- Goat Funded Trader has introduced a new feature called “Triple Payday.” With Triple Payday, traders can now request payouts three times a month—on the 5th, the 15th, and the 25th.
- On top of that, Goat Funded Trader has also announced the integration of PayPal as a new payment method.
The Funded Trader
The Funded Trader has been making some headlines with several exciting announcements in August as well.
- They’ve launched a new VIP program offering a suite of exclusive benefits for traders participating in various challenge types. These benefits include increased profit splits, faster payout cycles, and higher drawdown limitations.
- They’ve also announced the launch of their new DxTrade mobile apps, which are now available on both iOS and Android platforms.
- In addition, The Funded Trader has successfully integrated MatchTrader into its platform—a milestone for traders, providing a more robust and efficient trading environment with essential updates and tools that optimize trading operations.
Blue Guardian
Let’s take a quick look at Blue Guardian, a firm that’s introducing some exciting new options designed to boost profitability and provide quicker access to funds.
- They’ve announced the launch of two new add-ons to enhance their users’ trading experience: the 90% Profit Split and First Payout in 7 Days.
SFX Funded
Next up, we have some major updates from SFX Funded, a firm that is expanding its reach and enhancing accessibility for traders around the globe.
- They have announced a significant milestone by welcoming traders from Africa into their community.
- Alongside this, SFX Funded is now accepting a variety of payments from all African countries, with the exception of Tanzania and Uganda.
- In addition to the African expansion, they are thrilled to announce that they are now accepting US traders into their community.
RebelsFunding
Let’s explore the latest innovations from RebelsFunding, a firm that’s recently introduced some exciting features to enhance the trading experience.
- They have rolled out a significant update designed to empower traders with enhanced tools and greater control over their strategies. This new feature allows traders to visualize their trailing stops directly on the chart, significantly improving user experience and trading efficiency.
- RebelsFunding has also introduced a new login feature that eliminates the need for traditional password entry.
FTUK
Up next is FTUK, a firm that’s undergoing some transformations to enhance its community and trading experience.
- They have announced the launch of their newly redesigned website, marking the beginning of a major transformation for their community.
- In addition to the website overhaul, they have announced a comprehensive revamp of their account offerings. The firm has, according to them, totally rebuilt its accounts to set new industry standards, offering greater flexibility, improved payout structures, and faster growth opportunities for traders.
- Furthermore, FTUK has introduced a new two-step challenge as part of its funding programs. With this addition, they now offer three funding programs: a one-step challenge, instant funding program, and the newly introduced two-step challenge.
Crypto Fund Trader
Alright, into the final few. Let’s have a look at Crypto Fund Trader, a firm that’s making some great changes and developments in the world of cryptocurrency trading.
- Crypto Fund Trader has announced the imminent launch of its new crypto futures platform.
Direct Funded Trader
Now, let’s check out the latest developments from Direct Funded Trader, a firm that’s expanding its trading offerings to meet the growing demand for cryptocurrency-related instruments.
- They have announced a very important expansion with the introduction of crypto indices.
Leveled Up Traders
And lastly, but certainly not least, is Leveled Up Traders, a firm that’s making strides in enhancing accessibility for its global community.
- Leveled Up Traders has announced the global availability of PayPal as a payment option, now including users in the United States.
And that wraps up this list. Well, these have been the updates and changes from some of the leading prop trading firms throughout August. We can see that the industry as a whole is evolving. More and more trading firms are always looking to adjust and improve their offerings to traders, and we anticipate the remaining months of 2024 to be full of plenty more growth and innovations in the industry, which is great news for traders.
For details about all these updates, watch the Prop Firm Updates of August Video:
That wraps up this one. Also, stay updated with the Latest Prop News.
