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Prop firms Updates -1st week of March 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.


  • The Funded Trader: DXtrade Accounts Transition to cTrader with EA/Trade Copiers Disabled

DXtrade has migrated its accounts to cTrader and DXtrade, causing a significant change in EA (Expert Advisor) and trade copier functionality. Traders who were previously using EAs on the previous platform will need to adapt to the new environment. EAs are no longer supported, and traders can now use cBots, which automate trading tasks for more efficient execution. The transition to cTrader opens up opportunities for third-party copy trading software, allowing traders to connect to external platforms and mirror trades seamlessly.

CBot-enabled plans on DXtrade include the Royal Challenge, Standard Challenge with EAs/Trade Copiers Enabled, Knight Challenge, and Dragon Challenge. A workaround is to use a demo account on Platform 5 to connect an EA and manually copy trades to cTrader. However, DXtrades currently does not allow copy trading due to API access restrictions across all plans. Traders should stay informed about any future updates regarding this limitation. As the trading landscape evolves, traders must adapt to changes and explore new possibilities.


  • MyFundedFx Completes Migration to DXtrade and CTrader

MyFundedFx has successfully completed the migration process for all accounts transitioning from ThinkMarkets to DXtrade and the remaining accounts from ThinkMarkets to Blueberry. Key milestones include seamless integration with cTrader, rigorous stress testing and bug-free assurance, and the launch of CTrader powered by Purple Trading SC next week. The platform aims to enhance the trading experience and provide access to advanced tools and resources. MyFundedFx has also received the Match Trader Server License, which will further enhance the platform's capabilities and expand its offerings. Traders can expect a seamless transition to the new platform, access to cutting-edge features and tools on cTrader, enhanced security and performance, and a continued commitment to excellence in trading services.


  • True Forex Funds Introduces “Timeless Funding”: No More Challenge Deadlines

True Forex Funds has introduced "Timeless Funding," a revolutionary approach that eliminates the need for traders to meet specific challenge deadlines. This new funding method offers no time limit, transparent and competitive spreads, bi-weekly payouts, an 80% profit share, instant access to trading capital, and profit targets set at 8% and 5%. Traders can trade up to $400,000 with Timeless Funding, allowing them to explore the possibilities and unlock their potential. This innovative approach ensures that traders' trading journey is on their terms, allowing them to explore the possibilities and unlock their potential.


- Blueberry Markets Ceases Operations for Prop Firms: Account Access Details

Blueberry Markets has shut down its operations for all proprietary trading firms, affecting existing account holders who have already logged in or traded. Existing account holders can continue using their accounts without interruption. Unused account holders will face restrictions, with mobile access disabled for accounts that have not yet logged in or executed any trades. Desktop access will remain functional. This decision has left traders and firms contemplating their next steps, and it is crucial for affected clients to stay informed and explore alternative trading options as the industry evolves.


  • Rocket21 Enhances Security Measures and Trading Guidelines

Rocket21 has updated its platform to ensure security and maintain trust among traders. The platform now conducts thorough security checks to ensure legitimate payouts and double-checks user identities to prevent fraudulent activity. It also adopts a zero-tolerance approach to trading conduct, requiring traders to adhere to ethical practices. These include avoiding pricing errors, using reliable data feeds, avoiding manipulative trading or collusion, complying with trading provider terms, using advanced trading technologies, avoiding gap trading around market events or closures, and ensuring traders operate within established norms. Any deviation from these standards will be thoroughly investigated. Rocket21's commitment to fair play and ethical trading practices is evident in its new measures.


  • Flash Funding: Zero Commissions on All Assets Now and US Clients are Welcome

Flash Funding, a global financial services provider, has announced that it will now accept clients from all standard countries, including the United States, and eliminate all commissions on every asset, offering a 0% commission rate. This move significantly reduces the cost of trading and investing, allowing more money to stay in the pocket for both seasoned and first-time investors. Flash Funding's extensive range of financial products, including stocks, bonds, and cryptocurrencies, allows clients to trade without worrying about fees eating into their profits. This is a game-changer for US clients, as trading commissions have historically been a significant expense. The company's commitment to a global clientele reflects its commitment to removing barriers and streamlining the onboarding process. To experience commission-free trading, sign up for an account on the Flash Funding website.

Author : Prop Connect
Publish Date : 09 March 2024

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