Prop firm updates – Page 2 – Prop Firm Market

Prop Trading Chaos: Fast Track’s Fallout, Apex’s Controversies, and Community Reactions

by phyb6Prop firm updates November 18, 2024November 18, 2024No Comments

The prop trading world faced explosive revelations this past week with Fast Track Trading’s abrupt shutdown, leaving many traders shocked and frustrated. As the fallout continues, competing prop firms like Apex are also in the spotlight amid widespread community concerns. Fast Track Trading’s Sudden Closure Last Thursday, Fast Track Trading (FTT) shocked traders by announcing …

Understanding the New Bulenox Master Agreement: Key Updates You Need to Know

by phyb6Prop firm updates November 18, 2024November 18, 2024No Comments

If you’re an active trader on Bulenox, you may have noticed a recent update to their Master Agreement. They’ve introduced some changes to the rules, and while some updates might seem minor, others could impact your trading strategy. Here, we’ll walk through each key change to ensure you’re fully up-to-date and trading in line with …

Fast Track Trading Faces Class Action Lawsuit as Traders Seek Justice

by phyb6Prop firm updates November 18, 2024November 18, 2024No Comments

In a dramatic development in the trading world, Fast Track Trading LLC finds itself at the center of a major controversy. As allegations mount, over 600 traders have joined forces in a class-action lawsuit against the company, citing financial mismanagement, unpaid payouts, and possible insolvency fraud. Here’s a closer look at the story as it …

Prop Trading Chaos: Fast Track’s Fallout, Apex’s Controversies, and Community Reactions

by phyb6Prop firm updates November 14, 2024November 14, 2024No Comments

Fast Track Trading’s Final Days Unveiled: Leaked Audio, Missing Millions, and Plans for a New Hedge Fund

by phyb6Prop firm updates November 10, 2024November 10, 2024No Comments

Fast Track Trading (FTT), a once-prominent prop trading firm, is facing severe scrutiny as leaked audio from CEO Scott reveals plans to abandon the firm’s operations and pivot to a hedge fund, despite millions of unpaid client funds. The audio, accompanied by damning chat logs, exposes a firm allegedly running on deception, with over $16 …

Apex Prop Firm’s Game-Changer: Exploring the New Direct-to-Funding Account with Apex 3.0

by phyb6Prop firm updates November 7, 2024November 7, 2024No Comments

Apex Prop Firm is taking prop trading to a new level with its latest update, Apex 3.0. Known for competitive pricing and a solid reputation in the prop trading world, Apex is now offering a direct-to-funding option, which means traders can skip the traditional evaluation phase and access live funding directly. Here’s an in-depth look …

Prop Firm Regulation on the Horizon: What Upcoming Changes Could Mean for Traders

by phyb6Prop firm updates November 7, 2024November 7, 2024No Comments

Prop trading firms may soon face significant regulatory changes, driven by concerns from the CME (Chicago Mercantile Exchange). In this post, we’ll explore what these proposed changes might look like and why they’re being introduced, plus how they could impact the trading landscape. Why is CME Pushing for Regulation? One of the main reasons for …

Darwinex Zero’s 100K Permanent Allocation Review

by phyb6Prop firm updates, Review October 31, 2024November 12, 2024No Comments

If you’re a trader looking to secure capital, Darwinex Zero has introduced an enticing option: the 100K Permanent Allocation. This is a standout offering in the Darwinex Zero ecosystem, providing traders the opportunity to retain a significant investment amount, which they can keep indefinitely as long as they continue trading. What is the 100K Permanent …

Fast Track Trading 2.0: What You Need to Know About the New Rules

by phyb6Prop firm updates October 25, 2024October 29, 2024No Comments

Buffer Zone: The most significant change in FTT 2.0 is the introduction of a **buffer zone**, which is a mandatory reserve in your account before you can request a payout. In FTT 1.0, you could cash out everything once you reached the withdrawal amount. Now, for example, if you make $1,500, you can only withdraw …

The FastTrack Trading Payout Scandal: What You Need to Know and How to Protect Yourself

by phyb6Prop firm updates October 24, 2024October 29, 2024No Comments

Fast Track Trading just announced some significant rule changes a few days ago, and these are being applied retroactively, which has understandably sparked outrage. In this post, I’ll break down what’s happening, why it’s such a disaster for traders, and what you can do if you’re affected. Retroactive Rule Changes: A Massive Red Flag Fast …