In a pivotal update for its trading community, The5%ers, a renowned proprietary trading firm, has declared the initiation of a migration process for U.S. traders to the MatchTrader platform. Set to commence this upcoming weekend, this move is designed to augment the trading experience through the advanced features of MatchTrader. The migration is anticipated to last a few days, during which traders’ existing accounts will be either temporarily disabled or placed in ‘close-only’ mode until the transition to the new accounts is completed.
Essential Migration Details
The migration process kicks off this weekend, with the expectation of a few days for full completion. During this time, current trading accounts will be temporarily disabled or set to ‘close-only’ mode. Traders are advised to close any open positions and avoid opening new ones to ensure a seamless transition. The5%ers pledges to migrate any remaining open positions as smoothly as possible.
Compensation for Traders
Understanding the potential inconvenience, The5%ers has outlined compensation measures for affected accounts. Accounts that are currently at a loss will be reset to their original balance, while those in profit but forced to close losing trades today will be reimbursed for these trades. This strategy underscores The5%ers’ commitment to maintaining fairness and supporting its community throughout this migration period.
The transition of U.S. traders to the MatchTrader platform signals The5%ers’ ongoing effort to enhance the trading environment for its community. By adopting a platform with advanced capabilities, The5%ers reaffirms its dedication to providing a superior trading experience. Traders are urged to follow the provided instructions for a smooth migration to the new platform, reflecting The5%ers’ commitment to their traders’ success and satisfaction.
