In what seems to be associated to the newest MetaQuotes crackdown on the proprietary buying and selling panorama, prop agency FTMO has stopped onboarding US shoppers, Finance Magnates has realized. New merchants trying to register from a US IP handle had been unable to finish the registration kind. Current accounts of US shoppers haven’t been closed or refunded. The agency’s assist workforce knowledgeable its shoppers in regards to the migration to the brand new DXtrade platform.
In an electronic mail to one among their shoppers, revealed on X, the assist workforce knowledgeable “Robert”, about an upcoming change affecting the provision of MetaTrader 4 and MetaTrader 5 for U.S. shoppers beginning tomorrow (Monday).
FTMO’s electronic mail to X’s consumer “US30”
It particulars that this alteration will have an effect on each U.S. nationals and residents who’re non-U.S. nationals however reside within the U.S., throughout all platforms. The e-mail advises shoppers to shut all open positions by Friday market closure, as any remaining positions might be closed after the market closes.
The e-mail additionally mentions that the account might be migrated to the brand new DXtrade platform, with hyperlinks offered to familiarize with the brand new platform and the builders.
Over the weekend, business sources and Twitter influencers reported that FTMO servers are at the moment not exhibiting up on MT4 and MT5. A prop trading-focused account contemplated if the step “may very well be as a result of migration of US merchants to DXtrade,” echoing the upheaval the nascent sector is present process since MetaQuotes has determined to drag the plug on its funded buying and selling shoppers accepting US shoppers, because of regulatory issues.
In its newest motion, the Limassol-based know-how firm pressured Blackbull Markets, which was grey-labeling its MT5 license to prop buying and selling corporations, to terminate its providers to Funding Pips.
Finance Magnates has reached out to FTMO and can present updates on their feedback.
In what seems to be associated to the newest MetaQuotes crackdown on the proprietary buying and selling panorama, prop agency FTMO has stopped onboarding US shoppers, Finance Magnates has realized. New merchants trying to register from a US IP handle had been unable to finish the registration kind. Current accounts of US shoppers haven’t been closed or refunded. The agency’s assist workforce knowledgeable its shoppers in regards to the migration to the brand new DXtrade platform.
In an electronic mail to one among their shoppers, revealed on X, the assist workforce knowledgeable “Robert”, about an upcoming change affecting the provision of MetaTrader 4 and MetaTrader 5 for U.S. shoppers beginning tomorrow (Monday).
FTMO’s electronic mail to X’s consumer “US30”
It particulars that this alteration will have an effect on each U.S. nationals and residents who’re non-U.S. nationals however reside within the U.S., throughout all platforms. The e-mail advises shoppers to shut all open positions by Friday market closure, as any remaining positions might be closed after the market closes.
The e-mail additionally mentions that the account might be migrated to the brand new DXtrade platform, with hyperlinks offered to familiarize with the brand new platform and the builders.
Over the weekend, business sources and Twitter influencers reported that FTMO servers are at the moment not exhibiting up on MT4 and MT5. A prop trading-focused account contemplated if the step “may very well be as a result of migration of US merchants to DXtrade,” echoing the upheaval the nascent sector is present process since MetaQuotes has determined to drag the plug on its funded buying and selling shoppers accepting US shoppers, because of regulatory issues.
In its newest motion, the Limassol-based know-how firm pressured Blackbull Markets, which was grey-labeling its MT5 license to prop buying and selling corporations, to terminate its providers to Funding Pips.
Finance Magnates has reached out to FTMO and can present updates on their feedback.
