Prop
trading firm Goat Funded Trader (GFT) is once again offering its clients access
to the MetaTrader 4 platform after a four-month break. According to information
posted on GFT’s social media, this was made possible by implementing
“in-house tech.” Simultaneously, the company unveiled a refreshed
look for its website.
MetaTrader 4 Returns to
Goat Funded Trader
GFT was
among the firms that lost access to MetaQuotes trading platforms in February
2024 due to licensing issues. Goat Funded Trader, along with several other prop
firms, including Funded Engineer, AquaFunded, and The Funded Trader, utilized
the services of Purple Trading, which grey-labelled its MetaTrader license to
prop trading entities.
However,
MetaQuotes began cracking down on the proprietary trading industry and forced
Purple Trading to terminate their services to GFT and
the other prop firms they collaborated with. These firms switched to
alternative platforms, but the absence of MetaTrader 4 (and 5) was undoubtedly
felt, as they are the most popular tools for retail investors.
According
to information posted on X (formerly Twitter), GFT has resolved its licensing
issues after four months and, thanks to the implementation of its own
technological solutions, can once again offer clients access to MT4.
In addition, Goat Funded Trader also presented a refreshed look for its website.
On its
Discord, the company announced MetaTrader’s return slightly earlier, also
claiming that its collaborating traders had allegedly made payouts totaling
$2.6 million.
The World of Prop Trading
is Rapidly Changing
The changes
taking place in the world of retail prop trading are extremely dynamic. Every
week, we hear about new entities opening while other firms collapse. For
example, in the first half of June, FX/CFD broker Trade.com joined the ranks of
companies in the industry that decided to offer prop trading to their clients
within a licensed entity.
A few days
earlier, Alpha Capital banned 150 of its traders on suspicion of prohibited
group trading. At the end of May, SurgeTrader shut down after losing its
license for MetaTrader and then for Match-Trader.
Finance
Magnates recently
compared several popular prop trading firms in the USA, examining the trading
conditions and account types they offer their clients.
Prop
trading firm Goat Funded Trader (GFT) is once again offering its clients access
to the MetaTrader 4 platform after a four-month break. According to information
posted on GFT’s social media, this was made possible by implementing
“in-house tech.” Simultaneously, the company unveiled a refreshed
look for its website.
MetaTrader 4 Returns to
Goat Funded Trader
GFT was
among the firms that lost access to MetaQuotes trading platforms in February
2024 due to licensing issues. Goat Funded Trader, along with several other prop
firms, including Funded Engineer, AquaFunded, and The Funded Trader, utilized
the services of Purple Trading, which grey-labelled its MetaTrader license to
prop trading entities.
However,
MetaQuotes began cracking down on the proprietary trading industry and forced
Purple Trading to terminate their services to GFT and
the other prop firms they collaborated with. These firms switched to
alternative platforms, but the absence of MetaTrader 4 (and 5) was undoubtedly
felt, as they are the most popular tools for retail investors.
According
to information posted on X (formerly Twitter), GFT has resolved its licensing
issues after four months and, thanks to the implementation of its own
technological solutions, can once again offer clients access to MT4.
In addition, Goat Funded Trader also presented a refreshed look for its website.
On its
Discord, the company announced MetaTrader’s return slightly earlier, also
claiming that its collaborating traders had allegedly made payouts totaling
$2.6 million.
The World of Prop Trading
is Rapidly Changing
The changes
taking place in the world of retail prop trading are extremely dynamic. Every
week, we hear about new entities opening while other firms collapse. For
example, in the first half of June, FX/CFD broker Trade.com joined the ranks of
companies in the industry that decided to offer prop trading to their clients
within a licensed entity.
A few days
earlier, Alpha Capital banned 150 of its traders on suspicion of prohibited
group trading. At the end of May, SurgeTrader shut down after losing its
license for MetaTrader and then for Match-Trader.
Finance
Magnates recently
compared several popular prop trading firms in the USA, examining the trading
conditions and account types they offer their clients.
This post is originally published on FINANCEMAGNATES.
