The Funded Trader, a key figure in the realm of financial trading, has recently unveiled a drastic 80% reduction in its minimum stop loss requirements alongside addressing critical issues within its EMR system.
Revolutionizing Minimum Stop Loss Standards
In a bold move, The Funded Trader has significantly reduced its minimum stop loss to a mere 1 pip for forex trading, 1.50 USD for indices, and 0.20 USD for gold and commodities. This adjustment is poised to offer traders greater flexibility and precision in managing their risk profiles.
Confronting the EMR System Glitches
Concurrently, the organization has openly recognized the faults plaguing its EMR (Equity Margin Requirement) system. These glitches led to a spate of invalid EMR breaches, unfairly affecting numerous traders’ accounts due to erroneously recorded ‘ghost trades.’ In light of these concerns, CEO Angelo Ciaramello has committed to rectifying the system’s deficiencies and reassured the trading community of upcoming enhancements. Traders impacted by these errors are to be informed about the reinstatement of their accounts to pre-breach status.
Seeking Comprehensive Solutions
Despite these measures, the broader trading community calls for a more transparent and comprehensive resolution strategy that surpasses the confines of Discord support channels. The aim is to ensure equitable and dependable trading conditions for every trader involved with The Funded Trader.
This recent series of initiatives by The Funded Trader marks a pivotal step towards refining its trading conditions and solidifying its commitment to addressing technological challenges within its platforms.
