Funded Trading Plus, a leading provider of funded trading programs, has recently made significant announcements regarding platform migrations affecting its users both in the United States and in non-US regions.
This article delves into the detail of Funded Trading Plus Announces Important Migrations and how these migrations come as part of strategic decisions aimed at enhancing user experience and addressing certain operational challenges faced by the firm and its partner brokers.
Funded Trading Plus Announces Important Migrations: What You Need to Know
Traders associated with Funded Trading Plus, particularly those in the United States and non-US regions, will witness significant migrations affecting their trading activities. These migrations are a result of careful considerations aimed at addressing specific challenges and improving overall operational efficiency.
US Customers Transitioning from Eightcap to DXtrade
For traders in the United States who are currently trading with Eightcap, it’s crucial to note that both ThinkMarkets and Eightcap platforms will be migrating to DXtrade.
This transition is particularly relevant for US customers due to certain MetaTrader issues and Eightcap’s decision to exit proprietary trading.
Non-US Customers Transitioning from ThinkMarkets to Eightcap Platforms
On the other hand, non-US customers trading with ThinkMarkets and Eightcap will witness the migration of Eightcap platforms to ThinkMarkets platforms.
In this case, Eightcap platforms will migrate to ThinkMarkets platforms, ensuring continuity and accessibility to trading services for users outside the United States.
Important Considerations for Traders
As these migrations take place, it’s crucial for traders to take note of certain key considerations to minimize any potential disruptions to their trading activities:
- Closure of Active Trades: Traders must ensure to close active trades by 16:00 GMT (11:00 EST) on the migration day to avoid automatic closure. Failing to do so may result in unintended consequences, impacting trading positions and potential profits. Therefore, traders must plan accordingly and ensure that their positions are managed appropriately.
- Receipt of New Account Details: Following the migration, traders can expect to receive new account details via email. It’s imperative to keep an eye on your inbox and follow any instructions provided to ensure a smooth transition to the new platform. Additionally, familiarizing yourself with the features and functionalities of the new platform will be beneficial in getting back to trading without any disruptions. Moreover, it’s essential to monitor communication channels closely to stay informed about the latest updates and instructions regarding the migration process.
- Understanding the Rationale Behind Migrations: Funded Trading Plus has made these migration decisions based on specific reasons, including addressing MetaTrader issues in the US and accommodating Eightcap’s exit from proprietary trading. Traders are encouraged to familiarize themselves with the underlying rationale to better understand the implications and benefits of these changes.
Appreciation for User Cooperation
Funded Trading Plus extends its appreciation to all users for their understanding and cooperation during this transition period. The firm remains committed to ensuring a smooth and seamless migration process, with a focus on minimizing any inconveniences for its valued traders.
About Funded Trading Plus
Funded Trading Plus is a rapidly expanding prop firm that has earned a reputation for its comprehensive range of programs and competitive offerings. With straightforward rules and generous profit splits, it has become a go-to choice for traders looking to grow their accounts and achieve success in the financial markets.
- Program Variety: Funded Trading Plus offers a diverse range of programs tailored to accommodate various trading styles and risk preferences.
- Transparent Rules: The firm maintains simple and transparent rules, ensuring clarity and fairness in all trading activities.
- Profit Split: Traders can benefit from up to a 90% profit split, allowing them to retain a significant portion of their trading gains.
- Competitive Pricing: Funded Trading Plus offers competitive pricing structures, making it accessible to traders of all levels.
- Entry-Level Program: Traders can join the program with an entry-level investment of $12,500.
- Scalable Trading Capital: Participants have the opportunity to trade up to $2,500,000 in capital, allowing for scalability as their trading skills evolve.
- Supportive Community: Funded Trading Plus fosters a supportive community of traders, providing resources and guidance to help members succeed.
Conclusion
In conclusion, the upcoming platform migrations announced by Funded Trading Plus signify a proactive approach to addressing operational challenges and enhancing the overall trading experience for its users. With clear guidelines and deadlines in place, traders can navigate the transition with confidence, knowing that their interests are at the forefront of the firm’s priorities.
As Funded Trading Plus continues to grow and evolve, it remains dedicated to empowering traders worldwide and fostering a community of success and prosperity in the realm of funded trading.
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