Funding Pips, a proprietary trading platform, has introduced the cTrader platform as part of its strategy to navigate regulatory challenges in the US. The move comes in response to disruptions in the proprietary trading industry caused by regulatory scrutiny.

In a statement on X, Funding Pips announced the introduction of the cTrader platform, stating, “We are happy to introduce cTrader platform to #Fundingpips traders effective immediately.” The platform switch is one of the company’s initiatives to overcome regulatory hurdles.

The transition from MetaTrader to Match-Trader was another strategic move by Funding Pips to target traders in the US market and address regulatory challenges. This transition was prompted by unexpected changes in service providers, with Funding Pips’ brokerage partner, Blackbull Markets, terminating their collaboration due to MetaQuotes’ directives.

The decision by MetaQuotes to withdraw support for proprietary trading firms offering services to US clients has had a significant impact on the industry, leading to disruptions and compliance concerns.

Funding Pips ensured a seamless migration of operations to Match-Trader, assuring users of the retention of trading conditions and essential features within the new ecosystem. CEO Khaled Ayesh reaffirmed the successful migration and emphasized the company’s commitment to its traders.