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Abstract:MyFundedFX, a proprietary trading firm impacted by the reported crackdown on MetaQuotes, has announced a collaboration with Blueberry Markets to offer MetaTrader trading platforms to clients outside the United States.
MyFundedFX, a proprietary trading firm impacted by the reported crackdown on MetaQuotes, has announced a collaboration with Blueberry Markets to offer MetaTrader trading platforms to clients outside the United States.
In a strategic move, the proprietary trading firm has selected Blueberry Markets as its new brokerage partner, replacing ThinkMarkets. ThinkMarkets recently issued notifications instructing existing proprietary trading firms to cease onboarding US registrations and terminate any existing US customers.
After curtailing its services for US customers, MyFundedFX provided an alternative by offering clients the option to migrate to DXtrade, a competing platform to MetaTrader.
On their official Discord server, the broker communicated that MT4 has been reintroduced with Blueberry Markets and is now available for purchase. Non-U.S. customers have the option to switch to Blueberry Markets if they prefer not to transition from ThinkMarkets to DXtrade.
In addition to MetaTrader and DXtrade, the proprietary platform is actively integrating two additional trading platforms: Match-Trade and cTrader.
For US-based clientele, the prop trading platform has already initiated services with DXtrade and will expand offerings to Match-Trade and cTrader. However, MetaTrader will continue to be restricted for US-based traders.
The prop trading firm affirmed its commitment to enhancing services for its U.S. customers by introducing additional platforms and striving for consistency in an industry that has recently lacked it. Currently, the firm offers DXTrade, which includes Tradingview integration, mobile access, and a familiar interface. Additionally, Match Trader and cTrader are being implemented swiftly, with continuous exploration of other opportunities to ensure a comfortable trading environment for U.S. customers.
Concurrently, other proprietary trading platforms without brokerage partners are actively engaging new entities for similar services. MyFlashFunding recently disclosed collaboration with an “ASIC-regulated broker” for its non-U.S. operations, although the broker's identity remains undisclosed. Numerous other proprietary firms have adopted alternatives to MetaTrader, such as DXTrade.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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