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Prop firms Updates - 1st week of January 2024

We've collected for you the latest news from the most important prop firms in the industry , all in one place. Which makes it easier for traders to stay up-to-date on the latest developments and catch the updated information they need.

FundedNext recently released a significant and exciting update for its traders

Now FundedNext’s traders have the ability to follow payout status, filter through various accounts, and take advantage of a dedicated timer for each payout, the platform's payouts section is now faster and smoother than ever. Furthermore, traders can now easily request payouts for several accounts. The 24-hour payout guarantee offered by FundedNext remains intact, guaranteeing traders a day's worth of rewards or an extra $1000. It is anticipated that this update will greatly improve FundedNext traders' trading experience by simplifying and streamlining the management of their accounts and rewards.


Finotive Funding has declared that it will be launching novel and stimulating solutions to improve traders' trading experiences in the new year

Finotive Pro, the newest offering from the company, aims to enhance traders' trading experience by giving them access to profit splits, the excitement of trading, and the steadiness of a monthly "salary," among other benefits. Traders can pre-purchase FinotivePro through the company website now and take advantage of a 30% discount, a 75% profit share, and a monthly salary—a limitless opportunity. Pro accounts will be able to trade starting on January 15. In addition to these advantages, pro accounts can reserve a desk on their Budapest trading floor and receive reduced commissions. Additionally, when Pro launches, users will have access to the company's new dashboard. It is anticipated that this new feature would greatly improve the trading experience for Finotive Funding's traders by simplifying and streamlining the management of their accounts and rewards. This newest service from the company is a clear example of its dedication to providing cutting-edge solutions to its clients and is expected to revolutionize the trading industry.


Trading Funds has declared that, for a certain period, it will raise the drawdown limit for all new evaluations from 6% to 8%

This implies that, in the event of volatility, traders will have greater flexibility to put their trading plans into practice without exceeding their limits. The drawdown limit for a fund, trading account, or investment is the maximum decrease allowed within a given time frame. It assesses the past risk of various investments, evaluates the performance of funds, or tracks an individual's trading results. Typically, the percentage difference between the peak and the ensuing trough is used to express the drawdown limit. It is anticipated that this increase in the drawdown limit will provide traders with more freedom and allow them to seize chances in the market. Traders must nevertheless understand that greater drawdown limits also entail greater risk. This newest offering from Trading Funds, which is dedicated to giving its clients cutting-edge solutions, is certain to revolutionize the trading industry.


Aqua Funded has declared that RiseWorks will be its exclusive payout option going forward

The purpose of this enhancement is to make financial transactions with AquaFunded more convenient and efficient. Starting on January 3rd, traders have the option of receiving their payments via RiseWorks' cryptocurrency or bank transfer. Part of Aqua Funded's dedication to giving its traders the most experience possible is this fascinating new feature. The organization is committed to providing its clients with cutting-edge solutions that increase trading's effectiveness and convenience. RiseWorks is a well-liked cryptocurrency choice that offers traders improved security measures built into blockchain technology along with quicker transaction processing times. Traders who choose RiseWorks' cryptocurrency payouts can take part in the ever-changing and dynamic world of digital assets. It is anticipated that this new payout option will revolutionize the trading industry by giving traders more options and flexibility in how they can get their hard-earned gains. This most recent service from Aqua Funded is evidence of its dedication to empowering its traders and changing the trading industry.


Rocket21 has said that it is partnering with Plane, its new payment partner, and that it is stopping its engagement with Wise

With direct transfers and multi-currency choices available in more than 70 countries, Plane provides services in over 240 countries. It is anticipated that this new collaboration will greatly improve Rocket21's financial transactions' ease and efficiency. When the user instructions for Plane become available, traders will be excited. Additionally, Rocket21 will eventually include cryptocurrency options if you're anticipating a wise reward. Rocket21 is dedicated to giving its customers cutting-edge solutions, and this most recent release is anticipated to revolutionize the trading industry. This latest agreement demonstrates the company's commitment to providing its traders with the greatest experience possible and aims to make trading more accessible and efficient for its clients.


MyFundedFx CEO Matt just announced the launch of SwiftFunding.io, a prop trading firm based in Hong Kong, on January 5, 2024. For steady performance, the company offers a handsome 80% gain share in addition to a 1-Step Challenge and a 2-Step Challenge. Traders from North Korea, Libya, Cuba, Iran, Lebanon, Syria, Russia, Sudan, Somalia, and Vietnam are nevertheless not accepted. SwiftFunding.io is giving a huge 30% discount on all funding challenges in celebration of the debut. Furthermore, the company will be awarding more than $1,200,000 in funding challenges over the course of the following five weeks.


Skilled Funded Traders has introduced a new feature The Balance-Based Daily DD Add-on

With the help of this add-on, users can have their daily loss cap determined solely by their balance without taking equity into account. With this improvement, traders can now comfortably let their trades run and swing without having to worry about possible retracements or pullbacks all the time. We think this is a great complement to our offerings and a major improvement. The fact that this add-on is exclusive to Purple Trading and Think Markets should not be overlooked.


Leveled Up Society is back online and has been announced!
In celebration of this momentous relaunch, the company is extending a warm welcome to traders with an alluring offer that includes a substantial 105% refund credit, an amazing 95% profit share, and a 15% discount. Prospective traders can benefit from this chance by applying the special promo code "WELCOME24" at the time of purchase.

Author : Prop Connect
Publish Date : 06 January 2024

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