Another FX/CFD Broker Launches Its Own Prop Firm amid Growing Popularity

Following a
rebranding earlier this year, MarketsVox (formerly ForexVox) has prepared
another surprise for its clients. In about two weeks, the firm will officially
launch its own prop firm called MVFunded. The official website of the project
and its social media channels have already gone live.

Licensed Prop Firm with
MetaTrader from an FX/CFD Broker

MarketsVox
is a registered and licensed company in Seychelles, which also holds Cypriot
authorization allowing it to provide payment services. In January 2024, Finance
Magnates reported that the broker decided to change its name from ForexVox,
reflecting its broader product range. Similar moves have been made in the past
by many other FX/CFD firms that had “forex” in their name.

Over six
months after this event, MarketsVox is opening its own prop firm, with the
pre-launch scheduled for October 23. The company already allows users to review
the offered accounts and challenges (up to $100,000 and up to 80% gains split),
but trading on these accounts will only be possible in two weeks.

MVFunded’s
social media channels have also launched, emphasizing the importance of working
with regulated firms in the prop trading industry that can offer clients
MetaTrader platforms, which are among the most popular among retail traders.

In
its promotional materials, MVFunded also reveals that MarketsVox currently
serves over 65,000 investors.

MVFunded is
another prop trading brand launched this year by a broker directly associated
with the FX/CFD industry. A few months ago, Finance Magnates compared the
offerings of five such brands
, and since then, several more have entered the
market1.

Following a
rebranding earlier this year, MarketsVox (formerly ForexVox) has prepared
another surprise for its clients. In about two weeks, the firm will officially
launch its own prop firm called MVFunded. The official website of the project
and its social media channels have already gone live.

Licensed Prop Firm with
MetaTrader from an FX/CFD Broker

MarketsVox
is a registered and licensed company in Seychelles, which also holds Cypriot
authorization allowing it to provide payment services. In January 2024, Finance
Magnates reported that the broker decided to change its name from ForexVox,
reflecting its broader product range. Similar moves have been made in the past
by many other FX/CFD firms that had “forex” in their name.

Over six
months after this event, MarketsVox is opening its own prop firm, with the
pre-launch scheduled for October 23. The company already allows users to review
the offered accounts and challenges (up to $100,000 and up to 80% gains split),
but trading on these accounts will only be possible in two weeks.

MVFunded’s
social media channels have also launched, emphasizing the importance of working
with regulated firms in the prop trading industry that can offer clients
MetaTrader platforms, which are among the most popular among retail traders.

In
its promotional materials, MVFunded also reveals that MarketsVox currently
serves over 65,000 investors.

MVFunded is
another prop trading brand launched this year by a broker directly associated
with the FX/CFD industry. A few months ago, Finance Magnates compared the
offerings of five such brands
, and since then, several more have entered the
market1.

This post is originally published on FINANCEMAGNATES.

  • Related Posts

    Consumer Duty at One: FCA Pushes Firms for Evidence of Progress

    The Financial Conduct Authority’s (FCA’s) Consumer Duty officially came into action over a year ago, with an implementation deadline of 31st July 2023 for all new and existing products and…

    Prop Trading: Dynamic Works and Brokeree Introduce Integrated CRM Solution

    Dynamic Works Syntellicore has announced the launch of a new integrated feature for Brokeree Prop Pulse, a system designed for account management in prop trading firms. It aims to update…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Oil prices rise continue to climb on heightened Middle East tensions

    • October 7, 2024
    Oil prices rise continue to climb on heightened Middle East tensions

    Dollar close to 7-week high after strongest week since 2022

    • October 7, 2024
    Dollar close to 7-week high after strongest week since 2022

    BoJ May Refrain from Rate Hike. Forecast as of 07.10.2024

    • October 7, 2024
    BoJ May Refrain from Rate Hike. Forecast as of 07.10.2024

    Copper demand for electric vehicles is intact, trader IXM says

    • October 7, 2024
    Copper demand for electric vehicles is intact, trader IXM says

    Oil prices extend gains on fears of wider Middle East conflict

    • October 7, 2024
    Oil prices extend gains on fears of wider Middle East conflict

    Consumer Duty at One: FCA Pushes Firms for Evidence of Progress

    • October 7, 2024
    Consumer Duty at One: FCA Pushes Firms for Evidence of Progress