The unnamed “ASIC-regulated dealer” MyFlashFunding partnered with is FinesseFX, Finance Magnates has realized. Merchants energetic on the prop buying and selling agency’s Discord server have confirmed that it’s now providing them the choice them emigrate to its MetaTrader 5 buying and selling platform.
FinesseFX is headquartered in Melbourne and is regulated by the Australian Securities and Change Fee (ASIC). Nonetheless, it’s a lesser-known dealer relating to the opposite names providing companies to prop buying and selling companies. It’s unclear if FinesseFX holds any further offshore licenses.
FinesseFX’s ASIC registration
The FinesseFX web site acknowledged: “It’s approved to carry out monetary companies to wholesale shoppers solely.” It additional highlighted that it’s “not directed at and don’t intend to elicit residents and/or residents of the USA.”
Earlier, MyFlashFunding provided MetaTrader beneath ThinkMarkets, one other Australia-regulated dealer ending contracts with prop buying and selling companies. Nonetheless, now, many merchants on MyFlashFunding are stating that the spreads provided by FinesseFX are too extensive in comparison with the earlier providing of ThinkMarkets.
Did the Prop Agency Transfer Its Base?
MyFlashFunding is now exhibiting on its web site that it’s registered in Dubai. Solely a few days earlier, the prop agency was exhibiting to be registered in Missouri, america. The prop agency didn’t notify something publicly about its change of enterprise registration. The platform was based by Blake Carter and is run by him because the Chief Government Officer.
The MyFlashFunding web site exhibits it gives as much as $200,000 in funded buying and selling accounts. Nonetheless, it highlights that the buying and selling is finished in simulated environments. It claims to have greater than 10,000 energetic merchants. On its official Discord server, it has over 28,400 members, with over 32,500 followers on X (previously Twitter).
The prop buying and selling agency introduced its new brokerage partnership earlier this week. Nonetheless, it didn’t reveal the identify of its brokerage companion then. Moreover, it confirmed that the MT5 choices beneath the brand new dealer can be just for non-US shoppers whereas providing companies to its US prospects, it’s within the strategy of integrating the Match-Commerce buying and selling platform.
IMPORTANT ANNOUNCEMENT ⚡️
MyFlashFunding has secured a ASIC regulated dealer solely for MyFlashFunding and related events.
This units us aside by providing a novel benefit—shielding us from the dangers that different brokers within the proprietary buying and selling area might face.…
— MyFlashFunding (@myflashfunding) February 25, 2024
“To our MyFlashFunding shoppers within the US, relaxation assured, now we have plans tailor-made only for you. We’re within the closing phases of integrating Match-Commerce!” the CEO of the prop buying and selling platform wrote in an earlier discover.
The unnamed “ASIC-regulated dealer” MyFlashFunding partnered with is FinesseFX, Finance Magnates has realized. Merchants energetic on the prop buying and selling agency’s Discord server have confirmed that it’s now providing them the choice them emigrate to its MetaTrader 5 buying and selling platform.
FinesseFX is headquartered in Melbourne and is regulated by the Australian Securities and Change Fee (ASIC). Nonetheless, it’s a lesser-known dealer relating to the opposite names providing companies to prop buying and selling companies. It’s unclear if FinesseFX holds any further offshore licenses.
FinesseFX’s ASIC registration
The FinesseFX web site acknowledged: “It’s approved to carry out monetary companies to wholesale shoppers solely.” It additional highlighted that it’s “not directed at and don’t intend to elicit residents and/or residents of the USA.”
Earlier, MyFlashFunding provided MetaTrader beneath ThinkMarkets, one other Australia-regulated dealer ending contracts with prop buying and selling companies. Nonetheless, now, many merchants on MyFlashFunding are stating that the spreads provided by FinesseFX are too extensive in comparison with the earlier providing of ThinkMarkets.
Did the Prop Agency Transfer Its Base?
MyFlashFunding is now exhibiting on its web site that it’s registered in Dubai. Solely a few days earlier, the prop agency was exhibiting to be registered in Missouri, america. The prop agency didn’t notify something publicly about its change of enterprise registration. The platform was based by Blake Carter and is run by him because the Chief Government Officer.
The MyFlashFunding web site exhibits it gives as much as $200,000 in funded buying and selling accounts. Nonetheless, it highlights that the buying and selling is finished in simulated environments. It claims to have greater than 10,000 energetic merchants. On its official Discord server, it has over 28,400 members, with over 32,500 followers on X (previously Twitter).
The prop buying and selling agency introduced its new brokerage partnership earlier this week. Nonetheless, it didn’t reveal the identify of its brokerage companion then. Moreover, it confirmed that the MT5 choices beneath the brand new dealer can be just for non-US shoppers whereas providing companies to its US prospects, it’s within the strategy of integrating the Match-Commerce buying and selling platform.
IMPORTANT ANNOUNCEMENT ⚡️
MyFlashFunding has secured a ASIC regulated dealer solely for MyFlashFunding and related events.
This units us aside by providing a novel benefit—shielding us from the dangers that different brokers within the proprietary buying and selling area might face.…
— MyFlashFunding (@myflashfunding) February 25, 2024
“To our MyFlashFunding shoppers within the US, relaxation assured, now we have plans tailor-made only for you. We’re within the closing phases of integrating Match-Commerce!” the CEO of the prop buying and selling platform wrote in an earlier discover.
