The proprietary trading firm thePropTrade has launched a significant upgrade to its platform, citing a year of record growth since its establishment last October.
The update, titled “Volume 2,” introduces several new features to the firm’s ecosystem. These include integration with the cTrader platform, aimed at traders seeking what the company describes as “institutional-grade” execution and an “Instant Funding” program that removes evaluation stages for immediate access to capital.
The expansion also includes the introduction of “Edge Accounts,” designed to lower the financial barrier to entry for traders, and a competitive feature called “Trading Battles.” The firm says it has also overhauled its user dashboard to improve clarity.
The announcement follows a period of notable expansion for thePropTrade, which reported processing thousands of payouts to traders and building a substantial online community within its first 12 months of operation.
The firm, which has its main hub in Dubai, is part of a broader trend of retail-focused prop firms. In a statement, the company’s chief executive, Katarina Kvasnicak, said the update was a direct response to user feedback.
In other industry news, PipFarm is moving to capture a larger share of the international retail trading market with the introduction of multi-currency accounts. The platform now allows clients to hold and trade in U.S. Dollars (USD), Euros (EUR) and British Pounds (GBP).
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