TFT Updates – DXTrade, Compensations & More

New Updates from The Funded Trader (TFT) related to compensations, DXTrade, commissions, and execution data. Firstly, The Funded Trader (TFT) has officially activated its second server for all new and upgraded accounts. This move is going to address any potential issues related to swaps, commissions, execution, data, charting, and more. Traders have to report any issues via the ticket system for prompt resolution. Also, TFT is on the verge of launching its mobile application for both IOS and Android platforms, which is expected within the next two weeks.

TFT has taken decisive action to rectify wrongful breaches affecting over 1,000 accounts due to EMR. Affected users can anticipate receiving notifications regarding the resolution process.

The prop firm is set to initiate the second round of compensation, scheduled for either later today or early next week, aiming to address any inconveniences or losses experienced by its users.

The Funded Trader (TFT) Updates – DXTrade, Compensations & More

Here are some more updates related to the DXTrade Challenge and Funded Accounts:

• For DXtrade Challenge Accounts. An additional 5% of the current phase profit target will be deposited into the account, enhancing potential returns for traders.
• For DXtrade Funded Accounts. Traders will receive a 50% off coupon applicable to any challenge of one account size lower than their current highest starting balance Funded account. For example, the active 300K Funded Standard Challenge account will receive a 50% off coupon eligible for any 200K challenge or lower
• Breached Challenge/Funded Accounts. Account balances will be adjusted to 1% above the breached equity level. For example, if your account was breached during the downtime period by max daily drawdown at a level of 105,000, your account balance would be updated to 106,050 [105,000 x 1.01] and unbreached.

Also, TFT is expanding its platform offerings with Matchtrade and Tradelocker, providing traders with more options and opportunities for diversification.

In a pilot initiative, TFT is offering free commissions for all active challenge accounts until April 5th. Following this period, commission levels will be reviewed and adjusted accordingly.

About the Firm

Here are some interesting facts about the firm:

• Great Trustpilot rating of 4.2/5
• Five Unique Funding Programs
• Free Trial
• Professional Trader Dashboard
• A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Cryptocurrencies)
• Leverage up to 1:200
• No Maximum Trading Day Requirements

Also, use our Discount Code (FOREXPROPREVIEWS) for a 10% Discount or read the Review.