Finotive Funding — Yesterday at 1:16 PM
Dear Traders, As you have probably seen, one of the largest prop firms has unfortunately been prevented from trading/accessing funds, essentially freezing their operations. This has understandably caused some panic amongst traders using other firms as to whether this is going to be a widespread issue for the industry. Whilst it is a risk that this may not be an isolated incident amongst USA-based prop firms, as we are based in the EU, Finotive will remain unaffected by this issue. As you know, Finotive Funding is powered by Finotive Markets, which is our in house brokerage not a white labelled product. Having our own brokerage puts us in an advantageous position over most prop firms as we can position our broker geographically to best suit our business interest and protect us from potentially random situations like that has happened to this US-based firm. All in all, rest assured that Finotive is here to stay, and with us you are safe https://discord.com/assets/721f98d2a...bddc2eb322.svg
Dear Traders, As you have probably seen, one of the largest prop firms has unfortunately been prevented from trading/accessing funds, essentially freezing their operations. This has understandably caused some panic amongst traders using other firms as to whether this is going to be a widespread issue for the industry. Whilst it is a risk that this may not be an isolated incident amongst USA-based prop firms, as we are based in the EU, Finotive will remain unaffected by this issue. As you know, Finotive Funding is powered by Finotive Markets, which is our in house brokerage not a white labelled product. Having our own brokerage puts us in an advantageous position over most prop firms as we can position our broker geographically to best suit our business interest and protect us from potentially random situations like that has happened to this US-based firm. All in all, rest assured that Finotive is here to stay, and with us you are safe https://discord.com/assets/721f98d2a...bddc2eb322.svg