Prop trading firm FTUK recently faced a significant operational hurdle when its partnered broker unexpectedly cut off access to all accounts. This issue, stemming from a legal challenge posed by MetaQuotes, took the firm by surprise, necessitating immediate action to prevent disruption for its traders.
Swift Transition to MatchTrader
In a display of quick decision-making and adaptability, FTUK unveiled a plan to shift to the MatchTrader platform. This move, executed over a single weekend, allowed for the seamless transition of traders to the new system, ensuring trading activities could continue without interruption.Future Platform Diversifications with DXTrade
Beyond the immediate response, FTUK is also finalizing the integration of another platform, DXTrade, to its offerings. This expansion aims to provide traders with a broader range of tools and platforms, underscoring the firm’s commitment to offering flexible and robust trading solutions. FTUK extended its apologies for the inconvenience caused by these unforeseen circumstances and reiterated its commitment to facilitating a smooth transition for its trading community. The firm’s efficient handling of the situation underscores its resilience and dedication to maintaining high standards of service. Despite the challenges, FTUK continues to work towards resolving the disruptions and enhancing its platform capabilities. The firm’s proactive approach and open communication promise further improvements and support for its traders.About FTUK
FTUK is notable for its robust offerings and trader-centric policies. Some of its key features include:- Account currencies available in USD, EUR, and GBP
- Up to 1:100 leverage
- No restrictions on minimum or maximum trading days
- An attractive scaling plan
- No cap on maximum daily drawdown
- On-demand payouts post the initial payout
- A generous 80% profit share arrangement
- Permission for overnight and weekend holding
