The Funded Trader (TFT) has announced a significant update to its payment methods, marking a temporary pause with Wise and the transition to a new payment platform, Plane. This move is part of TFT’s ongoing efforts to enhance the payroll experience for its global trader community.
New Payment Platform: Plane
Set to provide service in over 240 countries, including the United States, Plane is designed to offer simplicity and efficiency in payroll processing. It supports local currencies in more than 70 countries and aims to eliminate the hidden fees associated with traditional payment methods. This transition underscores TFT’s commitment to leveraging technology for better service delivery.
Smooth Transition with Comprehensive Guides
To ensure a seamless migration to Plane, TFT will release comprehensive transition guides on feb 26, 2024. These guides will provide traders with detailed, step-by-step instructions for adapting to the new platform, aiming to make the transition as effortless as possible.
Official Launch and Expectations
Plane’s official launch is scheduled for Feb 27, 2024. TFT is optimistic that this new payment platform will significantly improve transaction efficiency and provide a more robust infrastructure, enhancing the trading experience for its community.
Alternative Arrangements for Wise Users
In light of the pause with Wise, TFT will accommodate affected traders through a crypto withdrawal process. Detailed information about this alternative withdrawal method will be communicated directly to affected traders via email, ensuring they have all the necessary details to proceed.
Empowering the TFT Community
The introduction of Plane reflects TFT’s dedication to innovation and operational efficiency. By adopting this advanced payment platform, TFT aims to offer a more streamlined and transparent payroll solution to its global network of traders and partners.
About The Funded Trader (TFT)
TFT stands out in the prop trading industry with its:
- Professional Trader Dashboard for enhanced trading analysis.
- Diverse range of trading instruments, including forex pairs, commodities, indices, and cryptocurrencies.
- Up to 1:200 leverage, providing significant flexibility in trading strategies.
- No maximum trading day requirements, allowing traders to trade at their own pace.
- Scalable trading plans designed to support trader growth.
- Option for a first payout after just 7 days with the Knight & Dragon Challenge, demonstrating TFT’s commitment to trader success.
As TFT moves forward with Plane, the firm is excited about the possibilities this new platform brings to its community, offering a glimpse into the future of seamless and efficient cross-border payments.
