MetaQuotes, the developer of popular trading platforms MetaTrader 4 and MetaTrader 5, is cracking down on several prop trading firms such as Ftmo, the5ers, etc., and forcing many brokers to terminate their services (if these firms donot comply).
This decision has had anegative impact on most prop traders in the US. There is fear of losing money amongst traders and thoughts on the safe way to go, asearch for asafe haven. (And fortunately, there is asolution; not all prop firms in the industry have been affected or will be affected by MetaQuotes’ latest policy).
In today’s blog post, Iwill reveal one of the prop firms that will never be affected by MetaQuotes policies or US regulations and why. The one prop firm that is safe and reliable for US clients:
RebelsFunding is aprop firm that offers unique trading programs for forex traders. They provide traders with training accounts that they can use to trade and earn commission without the risk of losing their own funds. They also offer avariety of funding options for all types of traders, from beginners to professionals.
Why is RebelsFunding safe for US traders, why is it one of the best options for US prop traders:
RebelsFunding does not utilise MetaQuotes trading platforms, does not partner with any US broker
RebelsFunding does not rely on MetaTrader platforms, which are subject to MetaQuotes’ policies and restrictions. The firm has an in-house trading platform, the RF-Trader.
Integrated with TradingView chart, the trading platform is modern, user-friendly, and has advanced risk management tools to help you take calculated trading decisions and succeed. It supports all trading styles. You get access to your favourite indicators. You can trade assets such as Forex, indices, crypto, etc. The RF-Trader has low spreads and very fast execution.
Regulatory laws in the US has no influence over RebelsFunding and it’s operations
RebelsFunding is based in Slovakia and regulated by EU laws. Thus, government policies in the US has no impact on its operations. This also makes the firm stable and reliable.
RebelsFunding does not impose any time restrictions on prop traders. You can trade at your own pace and complete the training programs whenever you want.
High profit split
RebelsFunding pays up to 90% of the profits to traders, depending on the program they choose. At RF, you donot have to worry about losing money.
Fast withdrawal processing time
RebelsFunding processes payouts without any delays or hassles. You can request your profits and receive them within 16 hours on average or less. At RF, you can withdraw your profits twice in amonth, with aminimum withdrawal limit of $50 and NO maximum withdrawal limit.
The company allows you to withdraw your profits via various methods, such as bank, crypto, Wise Rise, etc.
Friendly, helpful support and community
RebelsFunding provides 24/7 customer support, real people on the end of queries. They also have an active Discord community, where traders can share their experiences, tips, and strategies.
RebelsFunding is one of the few prop firms that currently accepts US clients and offer them agreat opportunity to trade forex with capital up to 640,000 USD. They have ahigh trust rating on Trustpilot and amazing prop trading review. They also organize regular free trading competitions, where traders can win funded accounts and even cash bonuses.
If you are interested in joining RebelsFunding, you can start with afree trial, where you can test their platform and services. You can also get up to 200% of your purchase fee, back, if you purchase and pass their evaluation program.
MetaQuotes, the developer of popular trading platforms MetaTrader 4
MetaTrader 4
MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients.
and MetaTrader 5, is cracking down on several prop trading firms such as Ftmo, the5ers, etc., and forcing many brokers to terminate their services (if these firms do not comply).
The MetaQuotes move indicates that the company is very cautious when it comes to offering services using its platform to US clients. The two MetaTrader apps were banned on Apple's App Store in 2022 for their alleged use by fraudsters targeting the US citizens and residents.
Yes, prop trading firms are legit and exist as real companies. They may not be registered directly in United States but they allow citizens from there to access their funded accounts.
Over the past few months, MetaQuotes has tightened its grip on licensing policies, particularly impacting those operating with Grey Labels – brokers who share their platforms with other companies. This shift culminated in a major policy change in October 2022, with MetaQuotes discontinuing their White Label offerings.
MetaQuotes, the developer of popular trading platforms MetaTrader 4 and MetaTrader 5, is cracking down on several prop trading firms such as Ftmo, the5ers, etc., and forcing many brokers to terminate their services (if these firms do not comply). This decision has had a negative impact on most prop traders in the US.
Please note that FTMO does not provide services to persons in/from (both nationals and residents) Iran, Syria, Myanmar, North Korea and USA, persons listed on sanction lists, persons with criminal records related to financial crime or terrorism, and persons previously banned because of breach of contract.
Prop trading firms have been shutting down or suspending their services, particularly to U.S.-based clients, because of a crackdown from MetaQuotes, the company behind the popular MetaTrader trading platforms.
Other attributes. MetaQuotes Software is a Russian software company specializing in the development of software for foreign exchange trading. MetaQuotes main product is the MetaTrader family of online trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
We found that US traders are offered four different platforms to trade from. This includes MetaTrader 4, the fully customizable OANDA Trade web and desktop platform and trading app.
The industry's challenges stem from tightened restrictions by MetaQuotes, affecting Prop trading firms' access to MetaTrader platforms. This development has prompted a reassessment of the trading technology infrastructure and partnerships that underpin their operations.
In September 2022, a ban on the MT4 and MT5 apps in Apple's App Store, which affected all markets, made headlines. Though the reasons for the decision were unclear, there was speculation that it was related to trading scams published in the iOS app store, impersonating popular trading platforms.
Meta Quotes, the company behind the popular trading platform MetaTrader, has made the decision to restrict access to their platform for US traders. This decision has caused some prop firms to face challenges and has raised concerns about the future of prop trading.
Introduction: My name is Lakeisha Bayer VM, I am a brainy, kind, enchanting, healthy, lovely, clean, witty person who loves writing and wants to share my knowledge and understanding with you.
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