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.

New Prop Firms

TradeApp is a new prop trading firm offering global traders access to capital with flexible evaluation phases, profit splits of up to 90%, and educational resources. Ideal for traders looking to grow without risking personal funds.

We Fund You Trade (WFYT) offers traders a chance to manage up to $200,000 in capital with profit splits of up to 85%. Their two-step evaluation process aims to identify disciplined and profitable traders, providing a clear pathway to funded trading.

Sieg Fund is a prop trading firm that offers various funded trading challenges for traders of all experience levels. With options for both beginners and advanced traders, Sieg Fund provides live trading accounts, robust risk management, and the flexibility to use diverse trading strategies, including Expert Advisors and high-frequency trading.

The Lionheart Funding Program offers a range of trading challenges designed to help traders access funded accounts. With flexible evaluation phases, competitive trading conditions, and various options tailored to different trading styles, it aims to support both novice and experienced traders in scaling their trading careers.

Skilled Funding is a prop trading firm offering up to $200,000 in funding with profit splits up to 100%. The firm provides a flexible evaluation process with no time limits, allowing traders to demonstrate their skills and progress to funded trading.

Syndicate Funded is a Dubai-based prop trading firm offering flexible challenges, competitive profit splits, and supportive trading conditions. It caters to traders seeking growth with high leverage, low spreads, and transparent rules.

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