Prop Trading Firm Funded Engineer announced via their socialmedia platform X (formerly Twitter) today (Friday) that they have initiated the rolloutof trading accounts ahead of schedule. The company revealed that they havealready distributed hundreds of trading accounts within the last few hours andare planning to add another 2000-2500 accounts per day throughout the upcomingweekend.
"We have started rolling out accounts and have alreadydistributed hundreds of TRADING accounts in the last few hours," thecompany stated in their social media post. "We aim to have EVERYONE withtheir account set up and tradable by next week. Many will have accounts and befully tradable TODAY."
Despite the swift execution, Funded Engineer acknowledgedthat their dashboard is not yet fully complete. However, they assured usersthat they are in the final stages of refining the user interface and anticipateits completion before Monday. This development does not impede users fromaccessing their accounts and engaging in trades immediately.
The company attributed the accelerated timeline tounforeseen circ*mstances, mentioning that the project was initially slated forrollout at the end of May. However, Funded Engineer managed to complete theworkload within 16 days.
— Funded Engineer (@fundedengineer) February 23, 2024UPDATE Alright,
Today is the day.
We have started rolling out accounts We have rolled out 100s of TRADING accounts in the last few hours , and will continue with another 2000-2500 per day over the weekend.
We aim to have EVERYONE with their account set up and tradable by…
Despite the deployment, Funded Engineer acknowledged thatthe current dashboard might lack some of the initially intended features.However, they assured users that over the next 4-6 weeks, they will integrateall the planned features into the platform, ensuring a comprehensive tradingexperience for their clientele.
Purple Trading Suspends Services for Funded Engineer
Earlier, PurpleTrading, the brokerage partner for Funded Engineer and other proprietarytrading firms, suspended its MT4 and MT5 services, as reported by Finance Magnates. The suspensioncame after FPFX Technologies terminated its agreement with Funded Engineer,causing challenges for the Dubai-based platform. Purple Trading's moveparticularly impacts US citizens and residents, highlighting regulatorycomplexities in the proprietary trading sector.
To address the crisis, the company was considering newbrokerage partners such as Think Markets and Blueberry Markets. Furthermore,Funded Engineer decided to switch its broker for all client trades to BlueberryMarkets following FPFX Technologies' termination of software licenses.
Prop Trading Firm Funded Engineer announced via their socialmedia platform X (formerly Twitter) today (Friday) that they have initiated the rolloutof trading accounts ahead of schedule. The company revealed that they havealready distributed hundreds of trading accounts within the last few hours andare planning to add another 2000-2500 accounts per day throughout the upcomingweekend.
"We have started rolling out accounts and have alreadydistributed hundreds of TRADING accounts in the last few hours," thecompany stated in their social media post. "We aim to have EVERYONE withtheir account set up and tradable by next week. Many will have accounts and befully tradable TODAY."
Despite the swift execution, Funded Engineer acknowledgedthat their dashboard is not yet fully complete. However, they assured usersthat they are in the final stages of refining the user interface and anticipateits completion before Monday. This development does not impede users fromaccessing their accounts and engaging in trades immediately.
The company attributed the accelerated timeline tounforeseen circ*mstances, mentioning that the project was initially slated forrollout at the end of May. However, Funded Engineer managed to complete theworkload within 16 days.
— Funded Engineer (@fundedengineer) February 23, 2024UPDATE Alright,
Today is the day.
We have started rolling out accounts We have rolled out 100s of TRADING accounts in the last few hours , and will continue with another 2000-2500 per day over the weekend.
We aim to have EVERYONE with their account set up and tradable by…
Despite the deployment, Funded Engineer acknowledged thatthe current dashboard might lack some of the initially intended features.However, they assured users that over the next 4-6 weeks, they will integrateall the planned features into the platform, ensuring a comprehensive tradingexperience for their clientele.
Purple Trading Suspends Services for Funded Engineer
Earlier, PurpleTrading, the brokerage partner for Funded Engineer and other proprietarytrading firms, suspended its MT4 and MT5 services, as reported by Finance Magnates. The suspensioncame after FPFX Technologies terminated its agreement with Funded Engineer,causing challenges for the Dubai-based platform. Purple Trading's moveparticularly impacts US citizens and residents, highlighting regulatorycomplexities in the proprietary trading sector.
To address the crisis, the company was considering newbrokerage partners such as Think Markets and Blueberry Markets. Furthermore,Funded Engineer decided to switch its broker for all client trades to BlueberryMarkets following FPFX Technologies' termination of software licenses.
