Prop Trading Firm Instant Funding to Migrate to DXtrade

Like its peers Blue Guardian and For Traders​, prop trading platform Instant Funding has announced its migration to DXtrade today in response to the suspension of services by its partner broker ThinkMarkets.

Late yesterday, Instant Funding shared the news in a post on X, stating, "We have some exciting news to share! We are scheduled to migrate to DXtrade tomorrow, March 13.

"We've been rigorously testing the platform to ensure a smooth transition. The good news is, it's incredibly easy to get back to trading. We'll automatically update your account credentials and send you an email when they're ready on the dashboard. All you need to do is log in to DXtrade using these credentials. We'll also send you a step-by-step guide tomorrow after the integration is complete."

Last month, due to increased industry supervision in the United States and restrictive measures imposed by MetaQuotes, the developer of MT4/5 platforms, on proprietary trading firms, ThinkMarkets​ ceased providing services​ to U.S. clients of prop trading firms from February 23. To promptly address the operational challenges arising from this unexpected situation, Instant Funding revealed its plan to introduce DXtrade as an alternative trading platform solution for U.S. traders.

In yesterday's post, the prop trader also mentioned that they are "diligently working to add additional platforms soon" to revitalize the industry.

As of press time, Instant Funding has not provided an update on the status of the platform migration.