FundYourFX has recently unveiled two significant updates aimed at refining its trading framework and aligning with regulatory mandates. In a strategic move, FundYourFX is removing the compulsory use of stop-loss orders, granting traders unprecedented flexibility in their trading strategies. Concurrently, the firm has decided to cease the acceptance of new clients from the United States, a decision likely influenced by regulatory compliance and considerations.
Key Updates to FundYourFX’s Trading Policies
- Removal of Stop-Loss Order Requirement: Traders at FundYourFX will now enjoy the liberty to trade without the mandatory implementation of stop-loss orders. This policy change is designed to accommodate a wider range of trading styles and risk management tactics, offering traders the chance to maximize their profit potential with increased control over their trading decisions.
- Restriction on US-based Clients: FundYourFX will no longer accept traders residing in the United States. This adjustment reflects the firm’s ongoing efforts to comply with regulatory requirements and navigate the complex legal landscape of the prop trading industry.
Why Choose FundYourFX for Your Trading Journey?
Despite these policy modifications, FundYourFX continues to present compelling advantages for traders. Here’s a snapshot of what makes FundYourFX a preferred choice for prop trading:
- Competitive up to 90% profit split, allowing traders to retain a significant portion of their earnings.
- Access to up to $2 million in trading capital, empowering ambitious traders to scale their operations.
- A solid track record with three years of industry experience, particularly in instant funding programs.
- High leverage options of 1:100, enabling traders to amplify their trading capacity.
- Weekly profit payouts, ensuring timely access to earned profits.
- Dedicated personal support to assist traders throughout their journey.
- Refundable fee policy, providing an added layer of financial assurance.
- Account scaling opportunities for every 10% profit milestone achieved.
- Permission for news trading, broadening the scope of trading opportunities.
- Allowance for the use of Expert Advisors (EAs) and the new no stop-loss rule, offering a more versatile trading approach.
These updates and benefits underscore FundYourFX’s commitment to fostering a supportive and adaptable trading environment. While the introduction of new policies represents a shift in operation, FundYourFX’s comprehensive offering continues to attract a broad spectrum of traders looking to capitalize on their prop trading capabilities.
