In light of recent industry events and the CFTC’s injunction against MyForexFunds, the leadership at Funded Trading Plus, including CEO Simon and the company’s founders, have come forward with statements to address the trading community’s concerns. These communications underscore the firm’s dedication to upholding transparency and integrity in all its operations.

CEO Simon’s Assurance of Transparency and Integrity

CEO Simon has articulated a firm commitment to maintaining the highest standards of transparency and integrity, categorically denying any practices that could intentionally harm traders. Since its establishment in 2021, Funded Trading Plus has been marked by Simon’s direct and transparent communication approach, aiming to foster trust within the trading community.

Founders’ Commitment to Good Faith Operations

The founders’ statement echoes this sentiment, pledging to continue operating in good faith and adhere to terms and conditions that safeguard both trader and company interests. This commitment reinforces the company’s dedication to equitable treatment and transparency for all its traders.

Adopting a Simulated-Live Trading Model

A pivotal announcement from the CEO involves transitioning to a simulated-live trading model across all customer programs. This strategic shift is intended to align with global regulatory compliance, ensuring a secure and transparent trading environment for all participants.

Focus on Research and Development

Funded Trading Plus is also intensifying its investment in research and development to create proprietary technologies and strategies. This initiative invites program participants to contribute, offering bonuses as incentives and fostering a collaborative research culture.

Strengthening Industry Transparency

The introduction of regular Transparency Reports marks a significant move towards enhancing industry-wide transparency. With only 1.74% of withdrawal requests denied in 2023, the firm showcases its commitment to fairness and building trust among its traders.

Conclusion: Setting a New Standard in Trading

The collective statements from Funded Trading Plus’s leadership reflect a steadfast commitment to setting a new standard of transparency and fairness in the trading world. Through proactive measures and an unwavering focus on development and regulatory compliance, Funded Trading Plus is poised to continue leading by example, ensuring a beneficial environment for its community.

New Prop Firms

FORFX, an innovative proprietary trading firm backed by Opofinance broker, provides traders of all styles with funded trading opportunities through multiple challenge types including a unique Live Assessment Plan with real accounts, multi-platform support across MT4, MT5, and cTrader, and profit splits up to 90%.

SabioTrade, a dynamic proprietary trading firm, provides traders of all levels with funded trading opportunities, robust educational resources, and its innovative Sabio Traderoom platform.

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TEFS (The Empowered Funded System) is a veteran proprietary trading firm active since 2017, offering funding up to $210,000 through instant and 1-step evaluation programs. Traders can access Forex, Crypto, Futures, and over 2,300 U.S. stocks via its proprietary TEFS Trader and TEFS Evolution platforms. With up to 90% profit share, flexible trading conditions, live coaching, and a referral rewards program, TEFS stands out as a transparent, education-focused choice for serious traders seeking real funding and long-term growth.

Hola Prime is a 2024-launched prop firm offering ultra-fast payouts, up to 95% profit splits, and demo-based trading across multiple platforms.

iFunds, established in March 2024, is a proprietary trading firm offering instant funding accounts ranging from $2,500 to $500,000 without requiring traders to complete evaluations or demo challenges. It stands out for its flexible trading conditions, including no daily drawdown limits, customizable profit splits, and rapid withdrawals. While appealing to experienced traders, its premium fees and limited operational history may require cautious consideration before investment.

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