The
proprietary trading firm Funded Engineer has announced a delay in the
relaunch of its services. This followed the alleged termination of its software
licenses by FPFX Technologies last week. Consequently, Funded Engineer has
opted to switch its broker for all client trades to Blueberry Markets.
According
to a post on X, the company mentioned: “Refunds will be provided to
everyone who requests one and is eligible. The requirements for refunds are as
follows: Your account must have no greater than a 4% drawdown. If your account
has less than a 4% drawdown and you wish for a refund, it will be issued.
Please note that by doing so, you will lose access to the account.”
Hello everyone,
With the ongoing issues regarding Purple not issuing new accounts to the prop space, we have experienced some slight delays in migration. Moving forward, we will be issuing all new accounts on Blueberry markets.
Refunds will be provided to everyone who requests…
— Funded Engineer (@fundedengineer) February 13, 2024
According
to the beleaguered firm, a backlog of pending payouts has existed from the 7th
until today. The company will reportedly process these pending payouts starting
today (Tuesday). In addition to these pending payouts, a substantial portion of
refunds will also be disbursed today.
The
proprietary trading firm Funded Engineer has announced a delay in the
relaunch of its services. This followed the alleged termination of its software
licenses by FPFX Technologies last week. Consequently, Funded Engineer has
opted to switch its broker for all client trades to Blueberry Markets.
According
to a post on X, the company mentioned: “Refunds will be provided to
everyone who requests one and is eligible. The requirements for refunds are as
follows: Your account must have no greater than a 4% drawdown. If your account
has less than a 4% drawdown and you wish for a refund, it will be issued.
Please note that by doing so, you will lose access to the account.”
Hello everyone,
With the ongoing issues regarding Purple not issuing new accounts to the prop space, we have experienced some slight delays in migration. Moving forward, we will be issuing all new accounts on Blueberry markets.
Refunds will be provided to everyone who requests…
— Funded Engineer (@fundedengineer) February 13, 2024
According
to the beleaguered firm, a backlog of pending payouts has existed from the 7th
until today. The company will reportedly process these pending payouts starting
today (Tuesday). In addition to these pending payouts, a substantial portion of
refunds will also be disbursed today.
