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Home » FunderPro to launch futures product

FunderPro to launch futures product

November 14, 20241 Min Read Broker News
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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.

FunderPro
Previous ArticleMonaxa to launch prop trading
Next Article Crypto.com plans CFD launch, acquires Aussie broker

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