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Prop firms Updates - 4th 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. Which makes it easier for traders to stay up-to-date on the latest developments and catch the updated information they need.

E8 decides to Continue Using Purple Trading SC as Their Main Technical Solution

E8 has chosen to continue using Purple Trading SC as its main technical solution for the platforms and data feed, according to a recent article. The company's main objective was to provide the finest trading conditions for their customers, and they think that this move willhelpt them do that. The company's own E8 server is no longer visible. Although Purple Trader Broker is the only option available on the company's website, it is unclear if this is a temporary or permanent change.


FTMO Launches a 90% Profit Split Card and Congratulates Bernd and Joshua on Their FTMO Leaderboard Achievements

The 90% Profit Split Card, FTMO's newest loyalty rewards program, has been launched. With an incredible one-time 90% profit split on subsequent payouts, this innovative card guarantees customers obtain the benefits to which they are entitled. It is only available to customers who meet specific qualifications. As a thank you, FTMO has decided to give its clients who satisfy the requirements for "FTMO stable account balance growth of 10%" a symbol of appreciation.

FTMO places a great value on long-term profit-generating individuals. A one-time opportunity to repeat the FTMO Challenge is provided to eligible individuals, even in cases where trading objectives were not met during the two-step evaluation procedure. The new FTMO Loyalty Reward is a free FTMO Challenge Card. In additional news, FTMO is pleased to introduce their new record owner.

Bernd from Dubai reached a noteworthy achievement when he showed up on the FTMO Leaderboard 120 times. However, he only managed to win first place! Just behind him was Joshua from Belgium, who made 119 appearances on the FTMO Leaderboard in 2023 alone. FTMO is incredibly appreciative and proud of them. Their accomplishments are very remarkable, and FTMO is happy to have them in the community.


ThinkMarkets and Secure the Bag Announce a Strategic Partnership

A strategic alliance between Secure the Bag (STB) and ThinkMarkets, a well-known brokerage company, has been revealed. Through this partnership, STB customers now have an additional broker option in ThinkMarkets in addition to their current partner, Eightcap. The company's website states that this collaboration is a critical turning point for their trading community. STB is dedicated to giving its traders access to cutting-edge resources and tools, and the launch of ThinkMarkets as a new broker alternative is anticipated to be a major turning point in this respect.


MyFundedFX now Allows Customers Outside of the USA to Make Direct Withdrawals to Crypto Wallets

According to MyFundedFX, users can now withdraw money straight to their cryptocurrency wallets if they are not in the United States. More convenience and flexibility should be available to clients who wish to transact using cryptocurrency, thanks to this new option. Forex traders can benefit from a variety of tools and resources offered by MyFundedFX, which is renowned for its creative approach to the industry. With the release of this most recent functionality, the business hopes to draw in more clients who favor doing transactions with cryptocurrency.


The Funded Trader Announces Payment MethodUpdatese and Enhanced Payout Processes

The Funded Trader has revealed an update to their payment procedures. The company has chosen to hold off on going live until their staff is completely ready, since they are currently putting their employees through extensive training on the ins and outs of Plane. Right now, the company's top priorities are to improve their current payout procedures and fulfill their obligation to provide their valued customers with timely services. The Funded Trader has provided an updated payment procedure that is in line with their current business activities. It is as follows:

1. After three business days from the date of the request, payouts will be processed.

2. Around 5:00 p.m. EST every day, payouts will be authorized.

3. Every day at 6:00 p.m. EST, payout processing will start. You may be confident that you will obtain the permission and the withdrawal shortly after, on the third working day following your request.

4. Payout applications submitted after 4 p.m. EST will be processed the next day.


Alpha Capital Group Delays Launch of CTrader Due to UnforeseenIssues

Due to unanticipated problems that surfaced in December, Alpha Capital Group has stated that the debut of its most recent trading platform, CTrader, has been postponed. The company opted to postpone the debut in order to make sure the platform is ready for its users, even though the original launch date was set for January 1st. The company's website states that the problems from December have been fixed, and they are working diligently to get the platform ready for launch in January. The company is dedicated to giving its traders access to cutting-edge resources and tools, and the release of CTrader is anticipated to represent a significant turning point in this regard.

Author : Prop Connect
Publish Date : 30 December 2023

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