The proprietary trading platform Funding Pips has
introduced the cTrader platform in the latest step to counter the disruptions
related to regulatory scrutiny in the US, which has affected the proprietary
trading industry.
In a post on X, Funding Pips mentioned: “We are
happy to introduce cTrader platform to #Fundingpips traders effective
immediately.” cTrader is one of the platforms the company has launched to
navigate the regulatory hurdles.
The wait is over!!
We are happy to introduce cTrader platform to #Fundingpips traders effective immediately!!
⬇️⬇️⬇️⬇️⬇️⬇️
Get Funded Now !!https://t.co/pOUJRPqDnI pic.twitter.com/ZVT3c7mPcl
— FundingPips (@fundingpips) March 6, 2024
Recently, Funding Pips transitioned from MetaTrader to Match-Trader, signaling a shift towards targeting traders in the US market.
This move happened in response to regulatory challenges posed by MetaQuotes’
licensing policies and reflects the challenges currently faced in the
proprietary trading industry.
Funding Pips encountered disruptions in its services
following unexpected changes to its service providers. These changes were attributed to its brokerage partner, Blackbull Markets, which terminated its collaboration with the firm due to MetaQuotes’ directives.
MetaQuotes’ decision to withdraw support for
proprietary trading firms offering services to US clients impacted the proprietary trading industry, disrupting operations and raising concerns about
compliance and sustainability.
Hi 👋#Fundingpips missed you 🇺🇸
⬇️⬇️⬇️⬇️
Get Funded Now!!https://t.co/pOUJRPqDnI #fundingpips pic.twitter.com/AbLApKqZcX
— FundingPips (@fundingpips) March 1, 2024
Last month, Funding Pips migrated its operations to Match-Trader, signaling a shift in the company’s offerings. The firm
assured its users of a seamless transfer of accounts and transaction history. This move was affirmed by the company’s CEO, Khaled Ayesh, who assured traders of a successful migration. He underscored the retention
of trading conditions and essential features within the Match-Trader ecosystem.
The Onset of Funding Pips’ Troubles
The abrupt suspension of services by Funding Pips on
February 14 affected a section of the proprietary trading community, revealing the
company’s dependence on its brokerage partner, Blackbull Markets, and,
subsequently, MetaQuotes’ platforms.
While MetaTrader remains a cornerstone for leveraged
forex and CFD trading, its restrictive licensing framework poses challenges for
market participants seeking a global presence. The fallout from MetaQuotes’ actions
underscored the need for regulatory clarity and diversified trading solutions
in an increasingly dynamic market environment.
While US regulators impose stringent controls on
leveraged trading services, proprietary trading entities operate within a distinct
regulatory framework, fostering innovation and adaptability in response to
evolving market dynamics.
The proprietary trading platform Funding Pips has
introduced the cTrader platform in the latest step to counter the disruptions
related to regulatory scrutiny in the US, which has affected the proprietary
trading industry.
In a post on X, Funding Pips mentioned: “We are
happy to introduce cTrader platform to #Fundingpips traders effective
immediately.” cTrader is one of the platforms the company has launched to
navigate the regulatory hurdles.
The wait is over!!
We are happy to introduce cTrader platform to #Fundingpips traders effective immediately!!
⬇️⬇️⬇️⬇️⬇️⬇️
Get Funded Now !!https://t.co/pOUJRPqDnI pic.twitter.com/ZVT3c7mPcl
— FundingPips (@fundingpips) March 6, 2024
Recently, Funding Pips transitioned from MetaTrader to Match-Trader, signaling a shift towards targeting traders in the US market.
This move happened in response to regulatory challenges posed by MetaQuotes’
licensing policies and reflects the challenges currently faced in the
proprietary trading industry.
Funding Pips encountered disruptions in its services
following unexpected changes to its service providers. These changes were attributed to its brokerage partner, Blackbull Markets, which terminated its collaboration with the firm due to MetaQuotes’ directives.
MetaQuotes’ decision to withdraw support for
proprietary trading firms offering services to US clients impacted the proprietary trading industry, disrupting operations and raising concerns about
compliance and sustainability.
Hi 👋#Fundingpips missed you 🇺🇸
⬇️⬇️⬇️⬇️
Get Funded Now!!https://t.co/pOUJRPqDnI #fundingpips pic.twitter.com/AbLApKqZcX
— FundingPips (@fundingpips) March 1, 2024
Last month, Funding Pips migrated its operations to Match-Trader, signaling a shift in the company’s offerings. The firm
assured its users of a seamless transfer of accounts and transaction history. This move was affirmed by the company’s CEO, Khaled Ayesh, who assured traders of a successful migration. He underscored the retention
of trading conditions and essential features within the Match-Trader ecosystem.
The Onset of Funding Pips’ Troubles
The abrupt suspension of services by Funding Pips on
February 14 affected a section of the proprietary trading community, revealing the
company’s dependence on its brokerage partner, Blackbull Markets, and,
subsequently, MetaQuotes’ platforms.
While MetaTrader remains a cornerstone for leveraged
forex and CFD trading, its restrictive licensing framework poses challenges for
market participants seeking a global presence. The fallout from MetaQuotes’ actions
underscored the need for regulatory clarity and diversified trading solutions
in an increasingly dynamic market environment.
While US regulators impose stringent controls on
leveraged trading services, proprietary trading entities operate within a distinct
regulatory framework, fostering innovation and adaptability in response to
evolving market dynamics.
