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Prop firms Updates - 4th 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.

E8Funding Announces New Improvements and Vision for the Future


E8Funding, is excited to announce a number of new improvements and initiatives aimed at creating a faster, more rewarding, and transparent trading experience for its clients.


Key announcements:


-Deeper market information and transparency: E8Funding is upgrading its platform to provide traders with deeper market information and ensure transparency and precision in their trades.

-Same-day payouts: Starting next week, E8Funding will be offering same-day payouts to its clients, setting a new standard for efficiency and reliability.

-Clean trading principles: E8Funding is committed to helping its clients develop strong risk management strategies and avoid gambling-based approaches.

The company will provide clear guidelines and discourage high-risk behaviors.

-Free perpetual trading tournaments: E8Funding is launching free perpetual trading tournaments to showcase the industry's best talent.

-SEC hedge fund license: E8Funding is pursuing an SEC hedge fund license, which will unlock greater potential for leveraging its traders' data.

-E8 Custom: E8Funding is developing E8 Custom, which will allow traders to tailor their trading experience to their preferences and risk tolerance.

-Educational retreats: E8Funding is planning educational retreats to promote peer learning and enhance traders' skills.

-Trader mind training program: E8Funding is developing a program to instill in traders the mind of a world-class trader who operates smoothly even in the choppiest of markets.

-Increased social media presence: E8Funding is increasing its visibility and engagement on social media to foster better communication with its clients.


E8Funding is committed to providing its clients with the best possible trading experience. These new improvements and initiatives are just one way that the company is working to achieve this goal.


Quote from E8Funding CEO:


"We're excited to announce these new improvements and initiatives, which are designed to create a faster, more rewarding, and transparent trading experience for our clients. We're committed to helping our traders succeed, and we believe that these changes will give them the tools they need to reach their full potential."



Lark Funding Launched New Broker Integration with Thinkmarkets


Lark Funding, launched a new broker integration with Thinkmarkets on October 24, 2023. This integration allows Lark Funding traders to benefit from lower commissions and the ability to purchase swap-free accounts.



FundingPips Unbanned Traders from Pakistan Under New Conditions


FundingPips, is pleased to announce that Pakistan is now unbanned under the following conditions:


50k max allocation

Crypto payments only

In addition to the above, FundingPips has also implemented the following rule changes:


-Removal of the STOPLOSS rule from the Master account

-Removal of the grinding strategy

-Removal of the Martingale strategy

-Removal of the layering strategy



Level Up Society Cutting-Edge Technology Finalized


Level Up Society, has successfully finalized the development of its cutting-edge technology. The company is currently integrating the new technology into all of its systems.


For traders with active accounts, Level Up Society assures them that their accounts will be seamlessly migrated over to the new platform, with the same balance and stage as before.


Level Up Society appreciates its traders' patience throughout this process, and is committed to providing them with the best possible trading experience.



Rocket21 Crypto Payouts Now Available


Rocket21 is now offering crypto payouts to its traders. This new payout method is faster, more flexible, and has no maximum withdrawal amount.


To request a crypto payout, traders simply need to reach out to Rocket21's customer support team. The team will walk traders through the straightforward process of setting up and receiving their crypto payout.




City Traders Imperium Announces Enhancements to Instant and Direct Funding Programs for New Registrants


City Traders Imperium (CTI) announced a series of enhancements to its Instant and Direct Funding Programs, exclusively tailored for new registrants. These modifications have been meticulously crafted to elevate the trading journey and expand the financial horizons of new CTI traders.


Key enhancements:


-Higher Max Drawdown: Max Drawdown, a critical factor in trading, will increase from 5% to 6%. This adjustment ensures more flexibility in managing risk while trading.

-No Daily Drawdown: CTI stands out by offering a unique advantage: no daily drawdown limits on Instant Funding and Direct Funding plans. Traders can now trade with freedom and flexibility, without daily restrictions.

-Higher Leverage: CTI is raising the leverage from 1:10 to an impressive up to 1:33, allowing traders to maximize their trading potential like never before.

-Scaling Update: For Instant Funding, the scale-up will now be x4 after passing the 1st level, making it easier for traders to grow their funded account faster.

-More Affordable Prices: CTI is also making trading more accessible by offering cheaper prices, giving traders more value for their investment.


-Introducing the 2.5K Account: CTI is removing the 2K account and replacing it with a more substantial 2.5K account, offering even more potential for profit and growth.




RebelsFunding A Prop firm with a Different Approach


RebelsFunding a prop firm based in Slovakia-Central Europe , is offering traders a unique opportunity to become professional traders. With its affordable training programs and RCF-Funded accounts, RebelsFunding is making the dream of becoming a trader a reality for more people than ever before.


What sets RebelsFunding apart?


-Affordability: RebelsFunding's most affordable training program starts at just $25. This makes it one of the most accessible prop trading companies in the world.


-RF-Trader platform: RebelsFunding offers the RF-Trader platform, a platform designed specifically for prop trading. It includes features that other platforms lack, creating a comfortable trading environment for users.


-Training programs: RebelsFunding offers training programs for traders of all skill levels. These programs provide the tools and knowledge traders need to be successful.


-Support team: RebelsFunding's support team is available 24/7 to help traders with any questions or problems they may have.


-Community: RebelsFunding has a thriving community where traders can learn from each other and share ideas.



The Varsity Traders Launches New Feature to Streamline Trader Journey


On October 25, 2023, The Varsity Traders (TVT) traders will be able to conveniently sign contracts right from their dashboard. This new feature streamlines the trader journey from challenge to live accounts and allows them to seamlessly undergo KYC and Digital contract signing, expediting the path to their live trading accounts.


Key benefits of the new feature:


-Convenience: Traders can now sign contracts with TVT directly from their dashboard, without having to leave the platform.


-Speed: The new feature streamlines the KYC and contract signing process, making it faster and easier for traders to get started with their live accounts.


-Security: The new feature uses digital signatures to ensure that all contracts are secure and legally binding.


Author : Prop Connect
Publish Date : 28 October 2023

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