Prop trading firm FunderPro is set to launch a futures trading offering.
The company has set up a separate URL for the product, as well as a waitlist for clients that want to be notified when it goes live.
FunderPro is part of a wider group, which encompasses trading platform TradeLocker, as well as a B2B arm for setting up other props.
The company started out with a CFD offering and is unusual in that traders that pass a challenge are actually given a live account, with real funds, to trade in.
A number of props, such as Alpha Capital and The Trading Pit, have added a futures prop offering. Top Step – arguably the first company in the industry – is also a futures prop.
Part of the reason for adding futures may be to cater to a US audience. CFDs are heavily regulated in the US and, even if trading is simulated, there is still arguably a level of regulatory risk by offering them.
Client demand is also likely a factor. From the end client’s point of view it is, at least in theory, easier to get an overview of market pricing and your own trading performance.
