Category Archives: News

FTMO expands to India as young traders embrace prop trading

FTMO, a globally renowned prop trading firm, has officially expanded its operations into the Indian market. The important announcement was shared by the company on social media platform X (formerly Twitter) today, Thursday. This marks a strategic move for FTMO to reach and fund the growing community of talented traders in the South Asian region….

FundedNext opens cTrader access for traders in the United States

FundedNext-opens-cTrader-access-for-traders-in-the-United-States

FundedNext has officially introduced cTrader to the U.S. market, giving traders access to a more modern, faster, and more transparent trading platform. This update is considered a strategic move aimed at enhancing the user experience and strengthening the firm’s competitive position in the United States. FundedNext rolls out cTrader access for U.S. traders FundedNext has…

FTMO enters a new era as it concludes the OANDA acquisition deal

About 10 months after reaching an acquisition agreement with private equity firm CVC, Czech proprietary brokerage FTMO completed its acquisition of OANDA yesterday, Monday. To make the transaction official, the proprietary brokerage giant had to go through a rigorous regulatory process and receive the necessary approvals from five different regulatory bodies. A bold move or…

PipFarm Launches Multi-Currency Accounts in USD, EUR, and GBP, with JPY Coming Soon

PipFarm Launches Multi-Currency Accounts in USD, EUR, and GBP, with JPY Coming Soon,

Prop trading firm PipFarm has introduced multi-currency accounts, allowing traders to fund and trade challenges in USD, EUR, or GBP without facing conversion fees or FX uncertainty. The firm confirmed that Japanese yen (JPY) accounts will be added soon, supporting its broader expansion into global markets. PipFarm rolls out multi-currency accounts for global traders PipFarm…

Jump Trading expands into event betting, starting its market-making activities on the Kalshi platform

Jump Trading has officially joined Kalshi, starting market-making operations on the event betting platform. The large proprietary trading firm is a pioneer in tapping into the new market, which is seen as a cross between Wall Street finance and Silicon Valley technology. Their operations will help increase liquidity for Kalshi. The Chicago-based trading firm has…

ProjectX stops third-party services: What does this mean for futures traders?

The futures trading market is witnessing a significant event. ProjectX, a digital trading platform provider trusted by many exchanges, is preparing to make a major shift in its business model. ProjectX plans to terminate all service contracts with “third-party” platforms by the end of February 2026, according to a brokerage firm confirmed via a Discord…

Exposing the dark side of prop firms: Counterfeit NISM certificates and disguised trader contracts

The Surat-based proprietary trading scandal, once considered a small-scale incident, has spread far and wide, affecting traders across India, according to new investigative documents. The Moneycontrol report also found that some exchanges allowed individual traders to use prop trading accounts without applying any risk controls or identity verification. Industry insiders are raising concerns about unusual…

Surat-based prop trading network collapses: Hundreds of investors may lose over Rs 150 crore

A recent financial crash has left many leveraged traders in the NCR, Jaipur, Ranchi and Kolhapur regions facing a severe crisis, with many becoming insolvent and fears of a spillover to other cities. Prop trading scam from Surat spreads nationwide The proprietary trading scandal that began in Surat earlier this year is spreading rapidly across…

Former The5ers Risk Director warns: Without proper risk management, a prop firm could go bankrupt because of just 1% of its traders

Former The5ers Risk Director warns Without proper risk management, a prop firm could go bankrupt because of just 1% of its traders.

Ruben Abitbol, former Head of Trading and Risk at The5ers, has launched Rubik Consulting – a firm operating under the Risk Management as a Service (RMaaS) model, aimed at helping prop firms manage risk and build long-term sustainability. He warned that even 1% of traders left unchecked could be enough to push an entire company…

Prop Firm Match faces backlash after PipFarm removal from key platforms

PipFarm’s recent withdrawal from Prop Firm Match has raised questions about potential conflicts between some proprietary trading companies and the rating platform. According to Prop Firm Match, PipFarm’s removal was the result of a “rigorous review process.” Meanwhile, PipFarm CEO James Glyde said the rating platform had made “unreasonable” demands that were unacceptable. Addressing compliance…