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Prop trading firm Funded Engineer aims for restart, but needs new broker
Dubai based prop trading firm Funded Engineer issued a number of updates over the weekend to its client base (and to the public at large), following reports last week that Funded Engineer was cut off by its main technology provider, FPFX Technologies. The updates, issued on X (formerly Twitter), also shed light on some other issues that Funded Engineer is having beyond FPFX canceling the license for its tech that was (previously) provided to the prop trading outfit, and the fraud scheme allegations made by FPFX against the company. Funded Engineer reported that its broker, Purple Trading Seychelles (the offshore arm ... (full story)