Prop Trading Firms The Funded Trader and Swift Funding Shift to DXtrade Amid Industry Crackdown

Like Lark Funding​, MyFundedFX, and other peers, prop trading firms The Funded Trader and Swift Funding are planning to move to DXTrade to cope with the service restrictions imposed by MetaQuotes on the prop trading industry.

In a post on X early this morning, The Funded Trader stated: "Soon we'll be launching DXTrade, and this will change your trading experience forever! With cutting-edge technology and features specifically designed to revolutionize your trading experience, DXTrade brings speed, efficiency, and smooth trading to your experience."

Around the same time, Swift Funding, a Hong Kong prop trading firm established this year, also mentioned on a X post, "DXtrade is landing soon at Swift Funding! Get ready to experience the pinnacle of precision and performance in trading technology. Stay tuned for the launch and elevate your trading strategy!"

Due to the tightening regulations on the prop trading industry in the United States and the restrictive measures implemented by MetaQuotes, many companies in the industry have abandoned the use of MT4 or MT5 and shifted to other trading platforms to continue their operations. Besides DXTrade, Spotware Systems' cTrader has also emerged as a popular migration choice for companies​ such as True Forex Funds, Smart Prop Trader, Funded Trader, and Alpha Capital, among others.