MetaQuotes, the company behind the popular trading platforms MetaTrader 4 and MetaTrader 5, is cracking down on prop trading firms. In its latest move, the technology company has forced Blackbull Markets, which was grey-labeling its MT5 license to prop trading firms, forced the broker to terminate its services to Funding Pips. Although MetaQuotes did not publicly confirm its move against prop trading firms, Blackbull’s Chief Business Development Officer, Anish Lal, told Finance Magnates that the broker was “forced to immediately shut down Funding Pips as a client.” The CEO of Funding Pips, who goes by the name ... (full story)