FNG Exclusive… FNG has learned that prop trading firm The Funded Trader has halted payouts to its clients.
Miami based The Funded Trader is one of a number of leading prop trading firms serving retail clients which has been forced to stop using MetaTrader trading platforms (MT4 and MT5) amid a crackdown by MetaTrader developer MetaQuotes on brokers (and introducers) who take on US retail clients, without being duly licensed to do so.
However the transition to new platforms (and often new executing brokers) has not gone smoothly for all prop firms.
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