MyFundedFX has shared an important update regarding the Purple Trader platform, which is to enhance traders’ experience. In a recent announcement, the firm shared that Purple Trader made adjustments over the weekend, primarily impacting its liquidity providers. These changes have led to a modification in the minimum and step sizes for trading Litecoin (LTCUSD).
According to MyFundedFX, the minimum trading size and the step size for LTCUSD have been updated to 0.1 from the previous 0.01. This adjustment reflects changes in liquidity provision and aims to align trading conditions with market requirements. The new trading increments will likely influence the strategies of traders who engage in Litecoin trading, particularly those who focus on precise, small-volume trades. However, traders working with larger volumes may feel a small impact.
MyFundedFX Shares Update of Purple Trader Platform
In addition to the changes with Litecoin, Purple Trader has also expanded its crypto trading offerings by adding new cryptocurrency pairs to the platform. MyFundedFX highlighted that the inclusion of these additional symbols will provide traders with broader opportunities to diversify their portfolios and explore new markets within the fast-evolving industry.
The decision to expand crypto symbols comes at a time when the demand for digital asset trading continues to grow, providing traders with more avenues to take advantage of market movements. The firm has not yet disclosed details about the specific cryptocurrency pairs that have been added, but it is going to say that they will cater to a wide range of traders, from beginners to seasoned professionals.
These updates underscore the commitment to providing an enhanced trading experience by continuously adapting to market trends and liquidity conditions. Traders using the platform should remain informed about these developments so they can adjust their strategies accordingly.
About the Firm
Here are some interesting facts about the firm:
- No Minimum & Maximum Trading Day Requirements
- Scaling Plan
- Maximum Daily Drawdown Scaling Feature
- Maximum Drawdown Scaling Feature
- First Payout After 7 or 14 Days (Depending on Challenge)
- Bi-weekly or Weekly Payouts (Depending on the Challenge)
- Profit Share of 80% up to 92.75%
Also, use our Discount Code (FOREXPROPREVIEWS) for a 10% Discount or read the Review.
