Blueberry Markets is the most recent dealer to point the tip of its assist to prop buying and selling companies. A number of prop buying and selling companies, together with MyFundedFX, Funded Nation, and Funded Engineer, have confirmed that the dealer has knowledgeable them to set all current accounts to shut solely.
The choice got here solely a day after the Australia-headquartered dealer ordered the prop buying and selling companies utilizing its service to droop onboarding new purchasers on MetaTrader platforms. The newest determination signifies that Blueberry is ending its assist fully to prop buying and selling companies.
Blueberry Markets has simply knowledgeable us that every one accounts are set to shut solely.
All positions and buying and selling will solely be obtainable to be closed efficient instantly.
Sadly, that is out of our management, and there may be nothing we are able to do as of now to vary that.
I’d…
— Funded Engineer (@fundedengineer) March 6, 2024
Finance Magnates approached Blueberry Markets for official affirmation however didn’t obtain any response as of press time.
“Blueberry just lately handed the information down that ALL lively Blueberry accounts should be off of the platform by the tip of the week, and any current accounts will quickly be set to shut positions solely the place you cannot open any new positions,” a tweet from by MyFundexFX famous.
The prop buying and selling agency additional highlighted, “these choices come immediately on account of forceful motion from third occasion suppliers.” Though the corporate didn’t take any identify of third-party suppliers, the one one in query right here is MetaTrader, developed by MetaQuotes.
Earlier, MetaQuotes allegedly compelled the license holders of MetaTrader to finish assist to US-based prop buying and selling clients.
Blueberry just lately handed the information down that ALL lively Blueberry accounts should be off of the platform by the tip of the week and any current accounts will quickly be set to shut positions solely the place you cannot open any new positions. These choices come immediately on account of… pic.twitter.com/kiEMOwf2eZ
— MyFundedFX (@MyFundedFX) March 6, 2024
The CEO of MyFundedFX additional wrote on the official Discord server that the choice of the Blueberry Markets got here to over ten prop buying and selling companies that use the dealer’s companies. Earlier, different prop buying and selling companies, together with Funded Nation and Maven, additionally confirmed the MetaTrader onboarding suspension by Blueberry, however they didn’t replace on the most recent determination as of press time.
An announcement by the CEO of MyFundedFX on official Discord server
A Prime Service Supplier to Prop Buying and selling Corporations
Blueberry is without doubt one of the few brokerages providing prop buying and selling companies’ companies, particularly grey-label buying and selling platforms. It even inked partnerships with a number of prop buying and selling companies after the exit of different brokers from the house. The brokerage was based in 2015 by Dean Hyde, who’s now heading the dealer because the Chief Govt Officer.
It’s headquartered in Sydney and operates with licenses in Australia, Vanuatu, and St Vincent and the Grenadines.
Blueberry Markets has moved all accounts to a “Shut Solely” standing, limiting actions to only closing current positions. Regardless of earlier commitments, we’re now navigating this sudden shift. This impacts all companies utilizing Blueberry, not simply Funded Nation
What Subsequent?
Our new…— FUNDED NATION (@FundedNation) March 6, 2024
Earlier, Axi, one other Australia-headquartered dealer that provides prop buying and selling companies, cited the most recent crackdown within the trade to query the enterprise mannequin of demo account prop buying and selling, calling it “the start of an finish.”
Blueberry Markets is the most recent dealer to point the tip of its assist to prop buying and selling companies. A number of prop buying and selling companies, together with MyFundedFX, Funded Nation, and Funded Engineer, have confirmed that the dealer has knowledgeable them to set all current accounts to shut solely.
The choice got here solely a day after the Australia-headquartered dealer ordered the prop buying and selling companies utilizing its service to droop onboarding new purchasers on MetaTrader platforms. The newest determination signifies that Blueberry is ending its assist fully to prop buying and selling companies.
Blueberry Markets has simply knowledgeable us that every one accounts are set to shut solely.
All positions and buying and selling will solely be obtainable to be closed efficient instantly.
Sadly, that is out of our management, and there may be nothing we are able to do as of now to vary that.
I’d…
— Funded Engineer (@fundedengineer) March 6, 2024
Finance Magnates approached Blueberry Markets for official affirmation however didn’t obtain any response as of press time.
“Blueberry just lately handed the information down that ALL lively Blueberry accounts should be off of the platform by the tip of the week, and any current accounts will quickly be set to shut positions solely the place you cannot open any new positions,” a tweet from by MyFundexFX famous.
The prop buying and selling agency additional highlighted, “these choices come immediately on account of forceful motion from third occasion suppliers.” Though the corporate didn’t take any identify of third-party suppliers, the one one in query right here is MetaTrader, developed by MetaQuotes.
Earlier, MetaQuotes allegedly compelled the license holders of MetaTrader to finish assist to US-based prop buying and selling clients.
Blueberry just lately handed the information down that ALL lively Blueberry accounts should be off of the platform by the tip of the week and any current accounts will quickly be set to shut positions solely the place you cannot open any new positions. These choices come immediately on account of… pic.twitter.com/kiEMOwf2eZ
— MyFundedFX (@MyFundedFX) March 6, 2024
The CEO of MyFundedFX additional wrote on the official Discord server that the choice of the Blueberry Markets got here to over ten prop buying and selling companies that use the dealer’s companies. Earlier, different prop buying and selling companies, together with Funded Nation and Maven, additionally confirmed the MetaTrader onboarding suspension by Blueberry, however they didn’t replace on the most recent determination as of press time.
An announcement by the CEO of MyFundedFX on official Discord server
A Prime Service Supplier to Prop Buying and selling Corporations
Blueberry is without doubt one of the few brokerages providing prop buying and selling companies’ companies, particularly grey-label buying and selling platforms. It even inked partnerships with a number of prop buying and selling companies after the exit of different brokers from the house. The brokerage was based in 2015 by Dean Hyde, who’s now heading the dealer because the Chief Govt Officer.
It’s headquartered in Sydney and operates with licenses in Australia, Vanuatu, and St Vincent and the Grenadines.
Blueberry Markets has moved all accounts to a “Shut Solely” standing, limiting actions to only closing current positions. Regardless of earlier commitments, we’re now navigating this sudden shift. This impacts all companies utilizing Blueberry, not simply Funded Nation
What Subsequent?
Our new…— FUNDED NATION (@FundedNation) March 6, 2024
Earlier, Axi, one other Australia-headquartered dealer that provides prop buying and selling companies, cited the most recent crackdown within the trade to query the enterprise mannequin of demo account prop buying and selling, calling it “the start of an finish.”
