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

    Weekly Brief: My Forex Funds Negotiating with CFTC?, Bitcoin Nears $100K, and More

    Prop Firm My Forex Funds and the CFTC Are Probably Negotiating a Settlement There is a high probability that a settlement deal is being negotiated between the proprietary trading firm…

    SEC Fines Webull, Two Brokers-Dealers for Compliance Failures

    US-based electronic trading platform Webull is among three companies that settled with the US securities regulator regarding suspicious activity reports that did not include important and required information. Webull Financial,…

    Leave a Reply

    Your email address will not be published.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

    You Missed

    Weekly Brief: My Forex Funds Negotiating with CFTC?, Bitcoin Nears $100K, and More

    • November 23, 2024
    Weekly Brief: My Forex Funds Negotiating with CFTC?, Bitcoin Nears $100K, and More

    Oil prices settle up 1% at 2-week high as Ukraine war intensifies

    • November 22, 2024
    Oil prices settle up 1% at 2-week high as Ukraine war intensifies

    COP29 climate summit overruns as $250 billion draft deal stalls

    • November 22, 2024
    COP29 climate summit overruns as $250 billion draft deal stalls

    SEC Fines Webull, Two Broker-Dealers for Compliance Failures

    • November 22, 2024
    SEC Fines Webull, Two Broker-Dealers for Compliance Failures

    SEC Fines Webull, Two Brokers-Dealers for Compliance Failures

    • November 22, 2024
    SEC Fines Webull, Two Brokers-Dealers for Compliance Failures

    Oil prices climb 1% to two-week high as Ukraine war intensifies

    • November 22, 2024
    Oil prices climb 1% to two-week high as Ukraine war intensifies