Blueberry Markets (Blueberry Markets) recently decided to restrict the issuance of gray labels to Prop Trading (Prop Trading) companies for their MetaTrader licenses, and the prop trading industry has taken another storm。Several prop trading firms confirmed that brokers asked them to suspend the launch of the new MetaTrader。

Another broker goes under.？

While many prop trading firms are in disarray, they confirmed that the decision does not affect existing customers using MetaTrader on Blueberry Markets, at least for now.。Existing customers can continue to use the platform。

It is important to note that the service interruption is for non-US customers of prop trading firms。None of the brokers that backed prop trading firms now offer MetaTrader services to US clients following the alleged crackdown on MetaQuotes last month.。

According to Jon Alexander, CTO of prop trading firm Maven Trading, Blueberry Markets' decision was due to the lack of the broker in the MetaTrader app.。

"We have temporarily stopped purchasing MT products。They asked us to stop offering MT products to new clients until MT further clarified why their broker disappeared from the MT app, "Alexander noted.。

Other companies that have confirmed the suspension of new prop trading through Blueberry Markets are MyFundedFX, Funded Engineer and Funded Nation.。MyFundedFX recently confirmed a partnership with Blueberry to restore the MetaTrader platform for non-US customers, but this collaboration has now been discontinued.。

Props Trading Storm

Blueberry Markets is one of the few brokers serving the props trading industry。With the recent exit of Purple Trading, Eightcap and ThinkMarkets from providing MetaTrader services to prop trading firms, a number of prop trading firms began to seek the services of Blueberry Markets。Purple Trading and ThinkMarkets are still offering MetaTrader alternatives to prop trading firms。

Blueberry is based in Australia and is regulated by the Australian Securities and Investments Commission (ASIC).。The broker also has two offshore licenses: one in Vanuatu and one in Saint Vincent and the Grenadines。Recently, the broker appointed Govinda Pathak as head of marketing。