Y4Trade Launches New Proprietary Trading Platform

Y4Trade, a proprietary trading firm based in Prague, has officially launched its new trading platform. The platform, accessible via web-based and mobile applications, is designed to provide traders with a structured path to obtaining funding.

Peter Varga, CEO of Y4Trade, stated that the vision for the company originated "within a community of traders seeking a more transparent and accessible approach to prop trading," emphasizing the goal to "create a straightforward system, supported by real infrastructure and real people." The proprietary platform aims to eliminate the need for third-party software, offering users a consistent and secure trading experience.

Key features of the platform include a built-in TradingView for analysis and execution, over 200 fiat withdrawal options for payouts in local currencies, and 24/7 customer support. Y4Trade also offers a "Trader Academy" with educational courses and provides scalable account growth opportunities, allowing funded traders to increase their account size by 25% monthly based on consistent performance.

The evaluation process for traders consists of two stages, requiring a 10% profit target in Step 1 and an additional 5% in Step 2, both adhering to a 5% daily drawdown and 10% maximum loss limit. Upon successful completion, traders enter the funded phase, receiving 80% of generated profits, with an option to increase to 90% with add-ons, and no time restrictions apply during any phase.