Prop Firm MyFundedFX Launches cTrader Trading Platform

Proprietary trading firm MyFundedFX has launched the cTrader trading platform, powered by Purple Trading Seychelles, the offshore division of Cyprus-based broker Purple Trading.

About two weeks ago, MyFundedFX implemented restrictions on its services to U.S. clients due to tighter industry regulations and recent measures taken by MetaQuotes against the prop trading industry.

At the end of February, the prop firm migrated its U.S. clients' accounts from MetaTrader to DXtrade. In addition, the company partnered with Blueberry Markets to revive MetaTrader. A few days ago, however, the Australia-based forex trading company discontinued its Data and Platform Service Offering, which was created specifically to meet the needs of the prop industry by utilizing its infrastructure.

As reported not long ago, prop firms Funding Pips and Blue Guardian integrated new trading platforms.