The proprietary trading platform Funding Pips hasintroduced the cTrader platform in the latest step to counter the disruptionsrelated to regulatory scrutiny in the US, which has affected the proprietarytrading industry.
In a post on X, Funding Pips mentioned: "We arehappy to introduce cTrader platform to #Fundingpips traders effectiveimmediately." cTrader is one of the platforms the company has launched tonavigate the regulatory hurdles.
— FundingPips (@fundingpips) March 6, 2024The 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
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 theproprietary trading industry.
Funding Pips encountered disruptions in its servicesfollowing 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 forproprietary trading firms offering services to US clients impacted the proprietary trading industry, disrupting operations and raising concerns aboutcompliance and sustainability.
— FundingPips (@fundingpips) March 1, 2024Hi 👋#Fundingpips missed you 🇺🇸
⬇️⬇️⬇️⬇️
Get Funded Now!!https://t.co/pOUJRPqDnI #fundingpips pic.twitter.com/AbLApKqZcX
Last month, Funding Pips migrated its operations to Match-Trader, signaling a shift in the company's offerings. The firmassured 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 retentionof trading conditions and essential features within the Match-Trader ecosystem.
The Onset of Funding Pips' Troubles
The abrupt suspension of services by Funding Pips onFebruary 14 affected a section of the proprietary trading community, revealing thecompany's dependence on its brokerage partner, Blackbull Markets, and,subsequently, MetaQuotes' platforms.
While MetaTrader remains a cornerstone for leveragedforex and CFD trading, its restrictive licensing framework poses challenges formarket participants seeking a global presence. The fallout from MetaQuotes' actionsunderscored the need for regulatory clarity and diversified trading solutionsin an increasingly dynamic market environment.
While US regulators impose stringent controls onleveraged trading services, proprietary trading entities operate within a distinctregulatory framework, fostering innovation and adaptability in response toevolving market dynamics.
The proprietary trading platform Funding Pips hasintroduced the cTrader platform in the latest step to counter the disruptionsrelated to regulatory scrutiny in the US, which has affected the proprietarytrading industry.
In a post on X, Funding Pips mentioned: "We arehappy to introduce cTrader platform to #Fundingpips traders effectiveimmediately." cTrader is one of the platforms the company has launched tonavigate the regulatory hurdles.
— FundingPips (@fundingpips) March 6, 2024The 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
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 theproprietary trading industry.
Funding Pips encountered disruptions in its servicesfollowing 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 forproprietary trading firms offering services to US clients impacted the proprietary trading industry, disrupting operations and raising concerns aboutcompliance and sustainability.
— FundingPips (@fundingpips) March 1, 2024Hi 👋#Fundingpips missed you 🇺🇸
⬇️⬇️⬇️⬇️
Get Funded Now!!https://t.co/pOUJRPqDnI #fundingpips pic.twitter.com/AbLApKqZcX
Last month, Funding Pips migrated its operations to Match-Trader, signaling a shift in the company's offerings. The firmassured 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 retentionof trading conditions and essential features within the Match-Trader ecosystem.
The Onset of Funding Pips' Troubles
The abrupt suspension of services by Funding Pips onFebruary 14 affected a section of the proprietary trading community, revealing thecompany's dependence on its brokerage partner, Blackbull Markets, and,subsequently, MetaQuotes' platforms.
While MetaTrader remains a cornerstone for leveragedforex and CFD trading, its restrictive licensing framework poses challenges formarket participants seeking a global presence. The fallout from MetaQuotes' actionsunderscored the need for regulatory clarity and diversified trading solutionsin an increasingly dynamic market environment.
While US regulators impose stringent controls onleveraged trading services, proprietary trading entities operate within a distinctregulatory framework, fostering innovation and adaptability in response toevolving market dynamics.
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