Nearly two weeks after migrating the service from MetaTrader to Match-Trader, Funding Pips is once again targeting US traders。According to a post on X (formerly Twitter), the proprietary trading platform has urged US traders to "stay tuned for a major comeback."。

Recently, Funding Pips announced that MetaQuotes has terminated its partnership with the proprietary trading firm due to its services to U.S. traders.。Subsequently, Khaled Ayesh, CEO of Funding Pips, confirmed that the company had completely migrated its existing servers and switched its service provider to Match-Trade Technologies, the operator of the Match-Trader platform.。

As a result, Funding Pips completed the migration from MetaTrader to Match-Trader, a process led by the company's CEO.。In addition, the company plans to integrate alternative platforms such as Dxtrade, cTrader and TradeLocker。

Financing Point Challenges

Funding Pips attributed the service outage on February 14 to unexpected maintenance。This was due to the termination of the partnership by its brokerage partner Blackbull Markets on the instructions of MetaQuotes。

MetaQuotes' strict licensing policy for proprietary trading firms forced Blackbull Markets to cut ties。The move reflects a broader trend towards regulatory scrutiny and licensing restrictions in the proprietary trading space。Despite the challenges posed by U.S. regulations, self-employed trading companies operate without traditional regulation。

MetaQuotes' decision was made as a result of licensing problems experienced by proprietary trading companies that provide services to U.S. customers.。In unauthorized situations, many companies take unconventional approaches, such as using third-party licenses。The practice was common before MetaQuotes stepped in, stopping the gray labeling process and even affecting industry giants like FTMO, Finance Magnates reports.。

Reshaping the dynamics of the proprietary trading industry

The sudden withdrawal of support from MetaQuotes has hit the industry and created uncertainty about the future of proprietary trading companies.。The decision disrupted operations and raised concerns about compliance and sustainability.。

At present, the situation remains dynamic, with daily developments shaping the proprietary trading landscape。Many companies are grappling with the consequences, either halting operations or scrambling to find alternative solutions。At Finance Magnates, we have integrated a real-time table to track changes in major proprietary trading companies。