Welcome, everyone! As March starts up and 2024 in its intial months, we’ve gathered all the notable updates from leading prop trading firms. The industry has been bustling with activity, introducing changes ranging from trading goal adjustments to new features and partnerships.
Prop Firms March Highlights
Let’s dive into the key updates from 14 prominent prop trading firms in March, without any specific order:
E8 Funding’s Strategic Collaboration
E8 Funding announced a strategic partnership with Purple Trading SC, marking a significant step forward for the company.
FundedNext Enhancements
- Launched a new symbol page for real-time market data.
- Introduced a brand promise for 24-hour payout processing.
- Added a 95% lifetime payout and weekly payout features for an additional fee.
The Funded Trader’s New Developments
- Reintroduced Wise as a withdrawal method.
- Unveiled the Dragon Challenge, a three-step evaluation program.
MyFundedFX Updates
- Integrated PayPal as a new payment option.
- Formed a broker partnership with Blueberry Markets.
Fidelcrest Fee Structure Adjustment
Fidelcrest introduced a commission fee of $6 per round lot in March.
Finotive Funding’s Crypto Trading Return
Reintroduced cryptocurrency trading after switching liquidity providers.
FTMO’s March Changes
- Added DX Trade as a fourth trading platform option.
- Streamlined account types by discontinuing aggressive options.
- Launched a new premium program with special features.
Alpha Capital Group’s Withdrawal Method
Introduced RISE as a new withdrawal method for performance fees.
Blue Guardian’s Account Monitoring Feature
Launched a system that alerts traders of impending inactivity expiration.
TopTier Trader Enhancements
- Migrated from OspreyFX to ThinkMarkets to improve trading experiences.
- Upgraded their trading server for lower latency and tighter spreads.
- Removed lot size limits on all funded accounts.
City Traders Imperium’s Program Updates
- Introduced new account sizes for funding programs.
- Increased leverage across all funding programs.
FunderPro’s Broker Migration
Transitioned to Think Markets as their preferred broker.
Audacity Capital’s Language Support
Launched its website in Arabic and began offering support in Arabic.
The Trading Pit’s Payment Options
Added two new payment methods for purchasing challenge accounts.
These updates signify the prop trading industry’s rapid evolution, offering traders enhanced opportunities and services. For more detailed insights, we encourage you to watch the comprehensive video outlining these developments.
The prop trading sector’s continuous innovation and improvement promise exciting opportunities for traders worldwide. Stay tuned for more updates as the industry progresses!