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Prop firms Updates - 2nd week of October 2023

We've collected the latest news from the best prop firms in the industry, all in one place. This makes it easy for traders to stay up-to-date on the latest developments and find the information they need.

The Funded Trader prop firm announced new changes and challenge updates

  • Unlimited days for the Rapid challenge
  • Purple Trading available on all MT4 and MT5 accounts
  • Shorter upgrade delays:
    • Royal and Standard Challenge Phase 1 to Phase 2 upgrade in 12 hours only
    • Rapid challenge phase 1 to Phase 2 upgrade in 6 hours
  • No lot size limit on all Challenges and funded accounts
  • New trading conditions
  • Royal challenge 14-day first payout with (Add-on)

These changes are designed to make The Funded Trader prop firm more accessible and attractive to traders of all levels. The unlimited day for the Rapid challenge is a great opportunity for traders who want to take their time and develop their skills before moving on to the next level. The shorter upgrade delays and no lot size limit will make it easier for traders to progress through the challenges and earn a funded account. The new trading conditions and 14-day first payout for the Royal challenge are also attractive features for traders who are looking for a challenging and rewarding prop firm experience.

Overall, the changes announced by The Funded Trader prop firm are positive and will benefit traders of all levels.

Fortunes Funding Celebrates $1 Million in Payouts

Fortunes Funding, has reached a significant milestone by paying out over $1 million to its traders. This achievement is a testament to the hard work and dedication of Fortunes Funding's traders, and it demonstrates the company's commitment to helping its traders achieve their financial goals.


MyFundedFx Scaling Plan

The scaling plan is a great opportunity for traders who are looking to grow their trading accounts over time without having to risk too much capital upfront. It allows traders to start with a smaller balance and gradually increase their risk as they become more profitable.

To be eligible for the scaling plan with MyFundedFx, traders must have a fresh account with the starting balance. Once eligible, traders can achieve a total profit of 12% or more within a 90-day period to request a scale-up. This profit can be withdrawn, and traders can continue scaling their accounts until they reach the maximum limit of $1.5 million.

Rocket21 Now Offers Crypto Payouts

Rocket21 prop firm is excited to announce that we now offer crypto payouts as an option for your convenience. This faster and more flexible payout method is now available to all Rocket21 traders.

To get started, simply reach out to our customer support team, and they'll walk you through the straightforward process of requesting a crypto payout. There is no maximum amount for withdrawal via crypto.

Rocket21 understand that this transition may take some time, and they appreciate your patience during this process. Rocket21 committed to ensuring you receive your earnings as swiftly as possible, and we're here to assist you every step of the way.

Rocket21 also launches spread accounts on MT4 and MT5 for their traders.

Finotive Funding Launches New Payout Options

Finotive Funding announced that they are now offering a wider range of payout options to their traders. In addition to their existing bank transfer option, they are now offering payouts via crypto, Wise, Revolut, and soon PayPal. They will also support payouts in traders' local currency with zero fees and real-time exchange rates.

Author : Prop Connect
Publish Date : 14 October 2023

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