Retail brokerage group Taurex has launched a new prop trading firm called Atmos. The new product will go live on 11th November.
Atmos is launching with $1m in funded account giveaways for traders that sign up to the new offering.
Taurex is now the latest of several retail brokers that has launched a prop trading arm. Others include IC Markets, ThinkMarkets, Axi, and Purple Trading.
Although it’s not clear how much cross selling takes place between the respective offerings, props are far easier to offer in developed markets as they are not being blocked by the big ad networks and the product is not regulated.
