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Prop firms Updates - 1st week of December 2023

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

E8 Funding to offer direct cryptocurrency payouts to traders via riseworks.io


E8 Funding recently announced that it will be utilizing riseworks.io to provide its traders with direct cryptocurrency payouts. With this new functionality, traders will be able to receive payments in cryptocurrency, which for some may be a more convenient and safe choice. For modern workforces, RiseWorks.io is a platform that offers web3-enabled payroll and compliance solutions. It provides safe on-chain professional IDs for every team member, compliant contractor onboarding in more than 190 countries, and flexible fiat and cryptocurrency payments. Prominent web3 startups, DAOs, international agencies, and more have trust in RiseWorks.io. This new option gives traders more financial flexibility and control by allowing them to choose to receive their payouts in cryptocurrency.


Glow Node has significant updates


Glow Node has released a number of modifications that should affect traders.

First off, same-day payouts will be possible thanks to a new payment processor that the site has added.

Second, Glow Node has teamed up with Purple Trading, a broker that leads the prop firm industry in both previous rates and trading conditions. Since its introduction in September 2022, the platform has been using Eightcap; however, after much investigation and testing, they have chosen to switch.

Thirdly, the Glow Node team is currently updating the affiliate platform. Each client will get a referral link instantly, and by recommending the link to friends, they can earn a commission.

Finally, Glow-Node has been appointed Head of Marketing, Lisa. She will be the one leading the way for Glow Node, providing gifts, discounts, and insightful information to traders in an effort to increase their profits. Glow Node anticipates more frequent future updates.


ACG Markets has a brand-new partner!


Alpha Capital Group announced a new partnership between @acgmarkets, its partnered broker, and Ctrader. Through this collaboration, Alpha Capital Group will be able to provide its traders with access to the cutting-edge Ctrader platform for qualified trader accounts as well as assessments. With its extensive feature set, one-click trading, real-time market data, customizable interface, and sophisticated charting capabilities, Ctrader is a widely esteemed platform in the trading community. This action demonstrates Alpha Capital Group's dedication to giving its traders access to cutting-edge information and tools. The upcoming rollout of the new function will allow traders to quickly explore its features and advantages.


Funded Engineer to switch to personalized coupon code system for affiliate program


Funded Engineer has declared that it will be switching from an affiliate link system to a personalized coupon code system for its affiliate program. In the next two weeks, we will see the implementation of this adjustment. Affiliates will be able to create customized coupon codes with the new system, which they can then distribute to their audience.


AQRE FX has introduced a new product


A brand-new offering from AQRE FX called AQRE LIMITLESS provides sophisticated Robot-only prop trading accounts made for contemporary traders. Payouts are made every 24 to 48 hours, there are no profit limits, automated trading is the only option, and HFTs are permitted on funded or live accounts.

The team has been helping clients and providing trial/test accounts for those eager to test and fine-tune their bots. Reece Watkins, an HFT/EA/Forex robot expert and Risk Analyst, is part of the team.

Traders can visit their Discord channel and get in touch with them through the Ticket system to apply for one. Additionally, AQRE FX has opened a new Discord channel called #-limitless-chat for fans of automatic trading to exchange tips and strategies. Although the solution is still in its early phases, the team has successfully tested for live accounts and copied to margin accounts. They are eager to turn a profit with the skilled traders and are now working on setting up many Live/Funded LIMITLESS accounts.


Rocket 21 to discontinue free retries on demo accounts


Due to recent updates, the trading platform Rocket 21 has stated that it will no longer provide free retries on demo accounts. For a more dynamic experience, the platform has instead added infinite days to challenge phases. Traders who were depending on free retries to improve their trading skills are likely to be impacted by this shift. Two evaluation steps constitute Rocket 21's evaluation approach, which focuses on finding traders with profitable real-market techniques. The trader can receive a balance of up to 600,000 USD in virtual funds after completing the evaluation system. Because the platform believes the most skilled traders will be attracted to companies that demonstrate a willingness to share as much of the virtual profits in their Funded Account as feasible, it offers an industry-leading virtual profit split of 85%.

Author : Prop Connect
Publish Date : 09 December 2023

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