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.
