As proprietary trading gains momentum among regulated brokers, FPFX Technologies, a U.S.-based SaaS provider for trading firms, has opened a new office in Limassol, Cyprus. The move strengthens its commitment to supporting brokers entering the prop space with automation tools and tailored risk management systems.

The new branch, FPFX Tech CY Ltd, will provide localized support and develop solutions for firms aiming to adopt or expand their prop trading offerings.

Bridging Traditional Brokerage and Prop Trading

"Through this office, we plan to meet and exceed the needs of regulated brokers that are looking to enter the prop space with the industry's best technology provider and risk management solutions," the company noted.

FPFX offers a Prop Trading Tech Kit designed to automate key operational workflows, including challenge setup, funded account tracking, and payout processing, reducing the need for manual admin work. Their platform also provides customizable rule configurations and reporting dashboards, addressing regulatory and operational demands.

The Cyprus hub enhances their ability to work directly with European brokers, many of whom are now looking to integrate funded trading programs into their business models.

Key Stats from FPFX Survey

Alongside the expansion, FPFX released new research data on prop trading clients:

• 78% of trader-funded firm (TFF) clients are male
• Over 60% of clients are from Gen Z or Millennial demographics
• Only 14% of traders pass the evaluation challenge
• From those funded, 45% reach payout, meaning 7% of all traders succeed in getting paid
• Average payout: 4% of account size

        "We see a huge opportunity in helping brokers shift into the prop space responsibly. Our tools remove complexity while improving transparency and trader experience," said Justin Hertzberg, CEO and co-founder of FPFX Tech.

A Signal of Market Maturity

The presence of tech-focused providers like FPFX in Cyprus signals a new phase of growth and professionalism in prop trading. As more regulated brokers seek to launch or white-label prop programs, the demand for turnkey infrastructure will only increase.

Prop firms and hybrid brokers looking to scale now have access to purpose-built solutions—offered locally, with a global perspective.

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