Prop Trading: FPFX Tech and Your Bourse Collaborate for Enhanced Efficiency (2024)

FPFX Tech and Your Bourse have joined forces to provide proptrading firms with access to direct markets, institutional liquidityproviders, and popular trading platforms. At the center of this collaborationrests FPFX Tech's Prop Trading Tech Kit, an end-to-end automationsolution designed to streamline the operational and administrative processes ofproprietary trading and funded account firms. By eliminating the need forextensive manpower, this kit enables brokers to scale their businessesefficiently.

Your Bourse equips brokers with a state-of-the-art MatchingEngine. The technology empowers brokers to manage order flow, pricing, andhedging strategies across various customer groups effectively. Through theintegration of FPFX Tech’s solutions and Your Bourse’s platform, prop tradingfirms gain a foundation for launching high-powered tradingoperations.

FPFX’s Prop Trading Kit offers a range of features,including customised prop trading plans, automated account creation andmonitoring, risk management tools, auto liquidations, and trading contests.Your Bourse provides solutions, such as order flow management,contest stop-out functionality, smart order routing, flexible auto-hedging, andcomprehensive reporting and risk management tools.

This collaboration aims to provide an efficient start-up experience, offering prop trading firms a suite of tools. FPFX’s softwaresolution is equipped with various features and customizations, includingpresentation in multiple languages, and can integrate seamlessly with a widerange of platforms and service providers.

The technology provided by FPFX Tech currently serves over140 prop firms and more than 1.8 million traders, underlining its reliabilityand effectiveness in the market.

MetaQuotes' Crackdown: Leverate's Prop-Specific Solutions

MetaQuotes, the company behind MetaTrader platforms, istargeting prop trading firms, prompting Blackbull Markets to cease servicesto Funding Pips due to MetaQuotes' pressure on active US accounts.Grey-labeling MetaTrader licenses allowed brokers like Blackbull to serve proptrading firms, but MetaQuotes' crackdown forced termination of suchpartnerships.

The move has affected firms like Purple Trading and highlightsregulatory challenges in the US. While some firms are adapting by excluding USclients, MetaQuotes' approach suggests concerns over third-party use of itstechnology. Competitors capitalize on the situation, launching alternativesolutions for prop trading.

Meanwhile, the prop trading industry is witnessing significant growth,prompting companies like Leverate to introduce prop-specific products. Leverate'sCEO, Ran Strauss, noted a surge in demand, with over 30 brokers adoptingLeverate's technology in the first two months of 2024. This reflects a broadertrend of brokers seeking alternatives to dominant platforms like MetaTrader.

Leverate offers a comprehensive suite of services under a fixed-price model,emphasizing transparency and value. Strauss highlighted a shift in thebrokerage industry away from reliance on a single platform, indicating evolvingmarket dynamics and a desire for flexibility in pricing models.

FPFX Tech and Your Bourse have joined forces to provide proptrading firms with access to direct markets, institutional liquidityproviders, and popular trading platforms. At the center of this collaborationrests FPFX Tech's Prop Trading Tech Kit, an end-to-end automationsolution designed to streamline the operational and administrative processes ofproprietary trading and funded account firms. By eliminating the need forextensive manpower, this kit enables brokers to scale their businessesefficiently.

Your Bourse equips brokers with a state-of-the-art MatchingEngine. The technology empowers brokers to manage order flow, pricing, andhedging strategies across various customer groups effectively. Through theintegration of FPFX Tech’s solutions and Your Bourse’s platform, prop tradingfirms gain a foundation for launching high-powered tradingoperations.

FPFX’s Prop Trading Kit offers a range of features,including customised prop trading plans, automated account creation andmonitoring, risk management tools, auto liquidations, and trading contests.Your Bourse provides solutions, such as order flow management,contest stop-out functionality, smart order routing, flexible auto-hedging, andcomprehensive reporting and risk management tools.

This collaboration aims to provide an efficient start-up experience, offering prop trading firms a suite of tools. FPFX’s softwaresolution is equipped with various features and customizations, includingpresentation in multiple languages, and can integrate seamlessly with a widerange of platforms and service providers.

The technology provided by FPFX Tech currently serves over140 prop firms and more than 1.8 million traders, underlining its reliabilityand effectiveness in the market.

MetaQuotes' Crackdown: Leverate's Prop-Specific Solutions

MetaQuotes, the company behind MetaTrader platforms, istargeting prop trading firms, prompting Blackbull Markets to cease servicesto Funding Pips due to MetaQuotes' pressure on active US accounts.Grey-labeling MetaTrader licenses allowed brokers like Blackbull to serve proptrading firms, but MetaQuotes' crackdown forced termination of suchpartnerships.

The move has affected firms like Purple Trading and highlightsregulatory challenges in the US. While some firms are adapting by excluding USclients, MetaQuotes' approach suggests concerns over third-party use of itstechnology. Competitors capitalize on the situation, launching alternativesolutions for prop trading.

Meanwhile, the prop trading industry is witnessing significant growth,prompting companies like Leverate to introduce prop-specific products. Leverate'sCEO, Ran Strauss, noted a surge in demand, with over 30 brokers adoptingLeverate's technology in the first two months of 2024. This reflects a broadertrend of brokers seeking alternatives to dominant platforms like MetaTrader.

Leverate offers a comprehensive suite of services under a fixed-price model,emphasizing transparency and value. Strauss highlighted a shift in thebrokerage industry away from reliance on a single platform, indicating evolvingmarket dynamics and a desire for flexibility in pricing models.

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Prop Trading: FPFX Tech and Your Bourse Collaborate for Enhanced Efficiency (2024)

FAQs

What is FPFX in trading? ›

Technology firm FPFX Tech leads the retail prop trading industry. The company offers end-to-end automation for funded account companies in the financial sector. FPFX Tech integrates SaaS solutions to automate virtually any payment provider, broker, money manager, and trading platform, including MT4, and MT5.

How many traders pass prop firm challenge? ›

The article from Lux Trading Firm provides slightly different results. According to it, 4% of traders, on average, pass prop firm challenges. But only 1% of traders kept their funded accounts for a reasonable amount of time.

What is happening with funded Engineer? ›

The termination of FPFX's services forced Funded Engineer to migrate its clients to its proprietary technologies. In the latest update, Funded Engineer pointed out that its business termination with FPFX has “become a potential legal case.”

What happens when you overtrade? ›

Overtrading, also known as churning, is a prohibited practice under securities law. Investors can observe that their broker has been overtrading when the frequency of their trades becomes counterproductive to their investment objectives, driving commission costs consistently higher without observable results over time.

How do you pass the prop firm challenge easily? ›

Below are three steps to take, to pass the prop firm challenge and always be at the top of your game:
  1. TAKE 100% RESPONSIBILITY: ...
  2. PACE YOURSELF, START SMALL AND ALWAYS RISK LESS THAN 1% PER TRADE (especially for Day Traders and Scalpers): ...
  3. WATCH YOUR EMOTIONS, ESPECIALLY DURING NEWS EVENTS:
Nov 23, 2023

Does Prop firm really pay? ›

Traders employed by prop firms are known as "prop traders." Yes, reputable proprietary trading firms do pay traders for their profits. However, it's crucial to distinguish between legitimate firms and scams. Look for firms with a solid track record, transparent operations, and positive reviews from traders.

Is it easy to pass a prop firm challenge? ›

If so, then you may have heard about the prop firm challenge. This is a popular way for traders to prove their skills and potentially secure funding from a prop firm. However, passing this challenge can be quite daunting and requires a lot of hard work and dedication.

What is prop firm trader? ›

What Is Proprietary Trading? Proprietary trading refers to a financial firm or commercial bank that invests for direct market gain rather than earning commission dollars by trading on behalf of clients.

Does funded Engineer use MT4? ›

Funded Engineer has opted to issue MT5 accounts for the time being due to bugs in MT4. Once the bugs are fixed, users will have the option to switch back to MT4. The company is reportedly processing customers' refunds daily.

Does Oanda have a prop firm? ›

OANDA, Axi, and Hantec Markets are now offering prop trading services.

What is a white label prop firm? ›

The concept of white label prop firm is revolutionizing the way traders and entrepreneurs access the financial markets. White label solutions offer a seamless path to launching a proprietary trading firm by providing access to established infrastructure, technology, and support services under your own brand.

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