Goat Funded Trader just got MetaTrader back by starting a broker in St Lucia, a sign that MetaQuotes is changing its tune about prop trading.
MetaQuotes
PrimeXM will stop working with prop firms and cease onboarding new clients from the industry.
FundingPips has started offering MT5 clients again after getting a license from the mystery regulator in the Comoros.
MetaQuotes is asking props to have a shared URL with their brokerage website and offer trading on a ‘live server’ that would mean they monetise the business.
MetaTrader 4 and 5 have been the incumbent trading platforms for two decades now. There are signs that could be changing.
MetaQuotes has been clamping down on firms globally over the last two years, making it much harder for firms to access the MetaTrader platforms.
B2Broker servers no longer show up on either MT4 or MT5. The trading platform provider has made it harder for firms to access its products over the last two years.
The decision may be related to the fact that Eightcap has been one of the main providers of gray label services to prop trading companies.
MT4 and MT5 have been taken off the play store. MT4 demos are done. And are props breaking trade reporting rules? Also Startrader and a new liquidity provider.
We speak about how servers can help brokers get new clients, growth in the algo market, and brokers’ expansion into new markets.
FPFX ends Funded Engineer
We look at changes to the Labuan Money Broker license and then examine a MetaQuotes warning to a prop firm.
MetaQuotes are going after brokers using TradingView
Plus crypto and M&A
Also we look at Public’s proposed takeover of BUX
Deriv is in Vanuatu
Unregulated entities are finding it much harder to access MT4 and MT5