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Prop Trading Firm Instant Funding Announces Migration to DXtrade

2024-03-14 BrokersView

Like peers Blue Guardian and For Traders, prop trading platform Instant Funding has announced a migration to DXtrade in response to the suspension of services by its partner broker ThinkMarkets.

 

Instant Funding shared the news in a post on X, saying “We have some exciting news to share! We are scheduled to migrate to DXtrade tomorrow, March 13.”

 

"We've been rigorously testing the platform to ensure a smooth transition. The good news is, it's incredibly easy to get back to trading. We'll automatically update your account credentials and send you an email when they're ready on the dashboard. All you need to do is log in to DXtrade using these credentials. We'll also send you a step-by-step guide tomorrow after the integration is complete."

 

Last month, ThinkMarkets stopped providing services to U.S. clients of proprietary trading firms as of February 23rd due to increased industry regulation in the U.S. and restrictive measures taken by MetaQuotes, the developer of the MT4/5 platforms, against proprietary trading firms. In a timely response to the operational challenges posed by this unexpected situation, Instant Funding has revealed plans to introduce DXtrade as an alternative trading platform solution for U.S. traders.

 

The prop firm also mentioned that they are "diligently working to add additional platforms soon" to revitalize the industry.

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