Klein
Funding, a newcomer to the prop trading market that launched late last year,
has positioned itself uniquely by focusing on cryptocurrency instruments rather
than traditional FX trading. The addition of Bybit, the world’s third-largest
cryptocurrency exchange by spot volume, to their list of available trading
platforms is significant news for crypto traders.
Klein Funding Integrates Bybit Platform
“Our
biggest update yet is here. Seamless trading, powerful tools, and endless
opportunities with 700+ cryptos to trade await,” Klein Funding announced
on social media regarding the new offering.
In
the two months since its launch, Klein Funding’s clients have had access to
TradeLocker, and now they can also utilize Bybit’s cryptocurrency exchange
platform. The maximum account size is $100,000, with an 8% drawdown and 80%
profit share challenge costing $488. The smallest accounts start at $6,000,
with challenges priced at $58.
Bybit’s Growing Prominence
Trading
on Bybit offers several advantages, including access to numerous
cryptocurrencies, well-regarded mobile and desktop applications, and robust
security measures. According to Finance Magnates Intelligence monthly
reports, Bybit ranks among the top cryptocurrency exchanges by volume, with
December 2024 showing over 200% growth compared to the previous year.
Klein
Funding utilizes technology provided by another prop trading firm, Goat Funded
Trader (GFT), as revealed by GFT CEO Edoardo Dalla Torre in November.
Dynamic Changes in Prop Trading
The
prop trading industry continues to evolve rapidly. Just yesterday (Wednesday), Alpha
Futures announced plans to expand its trading ecosystem by integrating new
platforms, including TradingView, Tradovate, and NinjaTrader, to enhance
services for retail and professional investors.
Earlier
this week, MyFundedFX (MFFX) revealed plans to allow non-US investors to
migrate back to the MetaTrader 5 (MT5) platform through the newly established
Seacrest Markets brokerage. The voluntary migration begins immediately through
an online application form, with the actual platform transition scheduled for
January 24, 2025, between 9:00 AM and 5:00 PM Eastern Time. Investors must
ensure all positions are closed and no pending orders remain before migration.
Klein
Funding, a newcomer to the prop trading market that launched late last year,
has positioned itself uniquely by focusing on cryptocurrency instruments rather
than traditional FX trading. The addition of Bybit, the world’s third-largest
cryptocurrency exchange by spot volume, to their list of available trading
platforms is significant news for crypto traders.
Klein Funding Integrates Bybit Platform
“Our
biggest update yet is here. Seamless trading, powerful tools, and endless
opportunities with 700+ cryptos to trade await,” Klein Funding announced
on social media regarding the new offering.
In
the two months since its launch, Klein Funding’s clients have had access to
TradeLocker, and now they can also utilize Bybit’s cryptocurrency exchange
platform. The maximum account size is $100,000, with an 8% drawdown and 80%
profit share challenge costing $488. The smallest accounts start at $6,000,
with challenges priced at $58.
Bybit’s Growing Prominence
Trading
on Bybit offers several advantages, including access to numerous
cryptocurrencies, well-regarded mobile and desktop applications, and robust
security measures. According to Finance Magnates Intelligence monthly
reports, Bybit ranks among the top cryptocurrency exchanges by volume, with
December 2024 showing over 200% growth compared to the previous year.
Klein
Funding utilizes technology provided by another prop trading firm, Goat Funded
Trader (GFT), as revealed by GFT CEO Edoardo Dalla Torre in November.
Dynamic Changes in Prop Trading
The
prop trading industry continues to evolve rapidly. Just yesterday (Wednesday), Alpha
Futures announced plans to expand its trading ecosystem by integrating new
platforms, including TradingView, Tradovate, and NinjaTrader, to enhance
services for retail and professional investors.
Earlier
this week, MyFundedFX (MFFX) revealed plans to allow non-US investors to
migrate back to the MetaTrader 5 (MT5) platform through the newly established
Seacrest Markets brokerage. The voluntary migration begins immediately through
an online application form, with the actual platform transition scheduled for
January 24, 2025, between 9:00 AM and 5:00 PM Eastern Time. Investors must
ensure all positions are closed and no pending orders remain before migration.
This post is originally published on FINANCEMAGNATES.
