Prop Firm Updates of July! ALL IN ONE!

Howdy, guys, and welcome. Well, another month has ended, which means we’re here to present all the prop trading firm updates that occurred in the industry during July of 2024.

In total, we’ll be covering 15 prop trading firms that made some changes throughout July. These updates cover a wide range of changes from some of the industry-leading prop trading firms, reflecting continuous growth and improvements within the broader industry.

Prop Firm Updates of July! ALL IN ONE!

Now, without further ado and in no particular order, let’s dive in and take a look at some of the key updates that occurred in the industry during July.

FundedNext

Here are the Updates from FundedNext:

• Introduced a Double Up Add-on
• Introduced a New $100K Stellar Lite Account Size

Funding Pips

Funding Pips has rolled out a series of innovative updates designed to enhance the trading experience for their community:

• Exclusive Update For Two-step Evaluation Payout Structure
• Introduced a Minimum Trading Day Requirement of 3 Days
• Reduced The Mandatory Holding Period of Trades To 1 Minute
• Removed The 3% Rule On All Evaluations
• Introduced Skrill, Neteller & Paysafe Card as New Payment Methods
• Introduced Immediate Delivery of Credentials (Phase 2 & Phase 3)
• Introduced FundingPipsX as A New Program

The5ers

The5ers have announced a pretty monumental addition to their payment options:

• Introduced PayPal as a new payment method

E8 Markets

E8 Markets they’ve got some great updates as well:

• Introduced a New $400k E8 One Account Size
• Introduced a New $200k E8 Pro Account Size
• Introduced E8 Track 1:1 as A New Program

FunderPro

They’ve made some significant changes in response to some Community feedback and some of their own investigation:

• Increased The Duration of Free Trial to 2 Weeks
• Discontinued Free Trials (Due to Risky Trading Behavior)
• Introduced a Loyalty Program
• Enhanced Its Economic Calendar

MyFundedFX

MyFundedFX they’ve made significant announcements:

• Consistency guideline and payout rule update.
• Removed consistency rule and adjusted leverage.

Finotive Funding

Finotive Funding has made some developments as well, and they have made a recent bold expansion. Let’s take a look:

• Crypto Asset Expansion (140 New Instruments)
• Introduced an Automatic Challenge Progression Feature
• Introduced a Trading Terminal Within the Trading Dashboard

PipFarm

Let’s take a look at some updates from PipFarm:

• Introduced Skill as a New Payment Method
• They also introduced Neteller as a New Payment Method
• Introduced a Telegram Customer Support Channel

City Traders Imperium

Let’s take a quick look at City Traders Imperium:

• VPS and VPN Compliance Updates

The Funded Trader

Let’s take a look at The Funded Trader: 

• Introduced Lifetime Reward Certificates

Axe Trader

Here are the Axe Trader Updates for July:

• Introduced a New Legitimate Trading Day Criteria (Trade Duration Over 1 Minute & Trade with A Minimum Profit or Loss of 0.2%)
• Introduced MetaTrader 4 & MetaTrader 5 as New Trading Platform Options

RebelsFunding

Let’s take a look at RebelsFunding:

• Introduced a new payment method: Nigerian Naira

Goat Funded Trader

Goat Funded Trader has introduced some great updates as well:

• Introduced Swing Plus Challenge as A New Program
• Introduced KoraPay as a New Payment Method
• Introduced a $5,000 Account Size for Goat Challenge
• Introduced TradeLocker as a New Trading Platform Option

FTUK

Let’s take a look at FTUK:

• Introduced a New Website Design
• Announced New Account Offerings (Expected to Debut in August)

The Trading Pit

Last but certainly not least, we have The Trading Pit:

• Introduced a New Prime One-step & Two-Step Funding Program

You can find the full details of these updates in the video:

These have been the updates and changes from some of the leading prop trading firms throughout July 2024. As we can see, the industry is evolving rapidly, and trading firms are always looking for ways to adjust and improve their offerings to traders. We anticipate the remainder of 2024 and beyond to be full of even more growth and innovations in the industry.

Also, don’t forget to check the Discount Codes we offer for Various prop firms.