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: Key Updates and Future Plans

The Funded Trader, a leading trading platform, has launched several significant updates and strategic initiatives. The platform's second DXtrade server is now live, aiming to improve performance, scalability, and reliability. The DXtrade mobile application has received approval for the Google Play Store and is awaiting approval for the iOS version. The platform is also working on integrating MatchTrade and TradeLocker, promising enhanced trading capabilities and diversifying trading options. DXtrade downtime compensation will be provided to traders affected by last week's downtime. The support chat system has been transitioned to a ticket-only system, ensuring efficient and personalized assistance for traders.

• Skilled Funded Traders: Compensation Poll Results and Upcoming Actions

Skilled Funded Traders’ traders are set to receive additional compensation as part of a recent poll. The options include an additional 25% of the current phase target, a 1% increase in the maximum drawdown of the current challenge phase, or a 0.5% increase in the maximum drawdown, coupled with an extra 10% of the current phase target. The voting process is ongoing and will remain open until the end of the day on Saturday. The team is analyzing accounts affected by the DX Trades migration and server issues to reverse any breaches, while profitable traders will continue trading. Active funded accounts have received a 75% discount code for a $25,000 account, while those with $100,000 and $200,000 accounts will receive a 50% discount code and a 90% profit split. Account migration to the C Trader platform is set to begin tomorrow afternoon, with the goal of completing all migrations by the end of the weekend.

• Rocket21: Enhanced Trading Experience with Revised Minimum Stop/Limit Distances

Rocket21 has updated its minimum stop/loss distances to enhance fairness and strategic trading. The changes include a 1 pip reduction for forex pairs, a $1.50 USD adjustment for indices traders, and a $0.20 USD adjustment for gold and commodities traders. These changes allow traders to set tighter stops, manage risk more effectively, and respond swiftly to market movements. Rocket21's commitment to fairness and transparency is evident in these changes, empowering traders to make informed decisions while safeguarding their capital. These changes are designed to enhance the trading journey for both experienced and new traders.

• My Flash Funding Reopens Doors to US Traders with MatchTrader Platform

My Flash Funding, a prominent trading platform, has reopened its doors to US traders with the launch of the MatchTrader Trading Platform. The platform offers an advanced and user-friendly experience, aiming to enhance trading strategies and performance. The platform's commitment to inclusivity and expanding opportunities is evident in welcoming traders from the US and beyond. The platform prioritizes creating a secure environment for traders to thrive, ensuring global accessibility. It also offers a technological edge, allowing traders to leverage the latest technology and market insights for success in dynamic forex markets. With flexible account sizes up to $200,000 and an 80% profit split, My Flash Funding's partnership with MatchTrader opens new horizons for traders worldwide.

• Alpha Capital Group: Updates on Crypto Payouts and KYC Process

Alpha Capital Group (ACG) has announced a slight delay in direct crypto payouts, but they will be available this month. Traders can expect smoother transactions once the system is fully operational. Additionally, some traders have experienced a delay in their KYC process, which is not copying information to the dashboard as expected. ACG is actively addressing this issue to ensure accurate representation of traders' profiles in their dashboards.

• MyFundedFx: Match Trader Now Available for Purchase

MyFundedFx has launched the Match Trader platform, allowing new customers to purchase challenges immediately. The platform offers advanced features for managing simulated capital, no style restrictions, and quick verification. By Monday, all remaining migrations will be complete. Match Trader is crucial for traders seeking to manage simulated capital, as it offers powerful tools and flexibility. Traders can execute their strategies without limitations and access live SIM accounts in as little as two days.