Prop Firm Funding Pips Replace MT4/MT5 with Match-Trader, cTrader, DXtrade Platforms

Prop trading firm Funding Pips unveiled that it is in the process of introducing a number of alternative trading platforms for its clients, after the news​ last week that the firm halted all trading operations and services for its clientele due to MetaQuotes's abrupt termination of its licence.

MetaQuotes, the developer of MT4/MT5 trading software, has been cracking down on brokers offering US traders prop trading services through their platform, as the US SEC has tightened regulations on prop trading​.

Funding Pips CEO Khaled Ayesh said in a Discord message that the company is adding Match-Trader, cTrader, DXtrade, and TradeLocker to replace MT4/MT5.

Besides, the CEO noted its users can choose which trading platform they want to use after the completion of migration of client accounts and addition of new platforms.

In a separate Discord message issued early on February 16, Khaled Ayesh stated Funding Pips would be back "in 10 days max".