Latest News
FTMO Rolls Out Institutional-Grade KYB via iDenfy, Signaling Shift to B2B Partnerships
FTMO has implemented institutional-level KYB (via iDenfy) to verify corporate entities, ownership structures, and UBOs—a capability typical for licensed brokers but rare among prop firms. The upgrade positions FTMO for more complex counterparties and B2B partnerships beyond retail-focused simulations, aligning with its broader strategy that includes collaboration with OANDA. As prop firms scale and integrate more closely with regulated brokers, compliance ... [show/hide]
Wednesday 07 January, 2026
Some Topstep Users' Details Exposed
Topstep notified some users that personal data may have been exposed following a DDoS attack on 8 Sep 2025. An internal review (completed 3 Dec 2025) indicated certain files could have been accessed between 8 Sep and 16 Oct 2025. Later, Topstep ... [show/hide]
Monday 05 January, 2026
FunderPro 2025 in Review: $21.5M Paid, 6,984 Funded Accounts, 14,058 Payouts (Avg $1,226)
FunderPro’s year-end update reports $21.5M paid to traders in 2025, with 25,000+ participants, 6,984 funded accounts, and 14,058 payouts—an average payout of $1,226 (≈2 payouts per funded account across the year). The figures point to steady engagement and rule adherence, with frequent, repeatable payouts across account types. Compared with earlier stages, FunderPro notes broader participation and higher payout volumes, citing smoother evaluation flow ... [show/hide]
Friday 02 January, 2026
Singapore CFD Market Rebounds: Active Traders Up 3% to 39K as AI and Platform Consolidation Accelerate
After three years of decline, Singapore’s leverage trading market ticked up: active CFD/FX traders +3% to ~39,000, implying a ~75,000 total potential base, per Investment Trends’ 2025 report. Growth is driven by reactivations, not fresh inflows—pushing brokers to re-engage dormant clients. Traders increasingly want all products on one platform, hastening broker consolidation and multi-asset rollouts. AI is mainstream: 3 in 4 traders use or plan to use ... [show/hide]
Wednesday 26 November, 2025
Vietnam Busts $200M Forex Scam: Offshore CFD Brokers in the Grey Zone as Scrutiny Mounts
Vietnamese authorities have dismantled a $200M forex fraud, spotlighting a market where retail online margin FX/CFDs aren’t permitted and only SBV-licensed institutions can offer FX/derivatives. Despite tight currency controls and restrictions on overseas remittances, offshore brokers have pursued Vietnam via ads, affiliates/IBs, and local reps, operating in a legal grey area. As SALVUS Funds’ Nikolas Xenofontos notes, no local retail licence exists for ... [show/hide]
Wednesday 26 November, 2025
FunderPro Black Friday: 30% Off All Challenges with Code SBOCOUPON (Biggest-Ever Sale)
FunderPro has boosted its exclusive SBOCOUPON discount to 30% off all challenges—the firm’s biggest-ever Black Friday deal on funded trader evaluations. Apply the code at checkout to lock in lower entry costs and kick off (or scale) your evaluation under more favorable terms — once it ends, the coupon will drop back to its normal 20% level.
Wednesday 19 November, 2025
FTMO Parent OMHC Posts CZK 6.84B (≈$329M) Revenue, CZK 1.3B (≈$62.5M) Net Profit in 2024
Prague-based OMHC—parent of FTMO—reported 2024 revenue of CZK 6.84B (~$329M), up 53% YoY, and net profit of CZK 1.3B (~$62.5M). The group ended 2024 with CZK 15B (~$721M) in total assets, including CZK 9.8B (~$470M) in fixed assets and CZK 1B (~$48M) in buildings (at cost), plus CZK 4.4B (~$211M) in cash (vs. CZK 3.4B/~$163M a year earlier). OMHC also secured a $250M credit line from Czech banks led by UniCredit to fund its planned OANDA acquisition. ... [show/hide]
Monday 17 November, 2025
FunderPro Coupon Pump – Biggest-Ever FunderPro Flash Sale 30% Off All Challenges (Limited Time)
We’ve just boosted our exclusive FunderPro coupon from 20% to a massive 30% off all challenges. Use code SBOCOUPON at checkout to lock in FunderPro’s biggest-ever discount on funded trader evaluations. Hurry: this is a short-term flash promotion — once it ends, the coupon will drop back to its normal % level.
Friday 14 November, 2025
Hong Kong Jails Finfluencer for Unlicensed Telegram Advice: 6 Weeks, SFC Costs Ordered
Hong Kong’s Eastern Magistrates’ Court handed the city’s first custodial sentence to a finfluencer—Chau Pak Yin (aka Chau Kin Hei)—for giving unlicensed investment advice in a paid Telegram group. Chau ran the group mid-April to mid-May 2021, posting trade ideas and answering stock questions for US$200/month, earning US$5,580. He received six weeks’ imprisonment and must pay the SFC’s investigation costs. The SFC said it will hold ... [show/hide]
Monday 10 November, 2025
Germany’s BaFin Flags Rogue Trading Sites—Stick to Regulated Rails
BaFin warned about a cluster of unauthorized online trading platforms marketing with the slogan “Building the future of trading,” alongside separate AML deficiency findings. For prop traders, expect occasional on-ramp friction (payments/KYC) at lightly supervised brokers and brief headline risk in retail-heavy symbols; stick to regulated venues and keep payout rails diversified.
Friday 07 November, 2025
Singapore MAS Eyes Easier Investor Recourse — Why Prop Traders Benefit
MAS opened consultation on boosting investor recourse for market-misconduct losses: coordinated claims via a designated representative, co-funding for strong cases, and streamlined “piggyback” actions. Prop angle: stronger deterrence and compensation pathways typically lower unknown-risk premia on SGX, aiding tighter spreads and steadier latency for evaluation accounts trading USD/SGD and STI/sector CFDs.
Thursday 06 November, 2025
Singapore MAS Moves to Toughen Investor Recourse—Why It Helps Prop Traders
MAS has launched a consultation to strengthen investor recourse in market-misconduct cases, proposing three moves: (1) let a designated representative coordinate claims for affected investors, (2) introduce co-funding support for meritorious cases, and (3) lower legal hurdles by simplifying “piggyback” claims and removing statutory compensation caps. The aim is to make civil compensation more accessible and bolster confidence in Singapore’s markets. ... [show/hide]
Saturday 01 November, 2025
Hong Kong Finance Nears Gender Parity: Prop Trader Impact
Hong Kong’s financial sector is edging toward gender parity: a joint Women Chief Executives Hong Kong–KPMG–The Women’s Foundation report shows women now hold 45% of senior leadership and 37% of board seats, sharp gains since 2018. Progress is tied to six “VOICES” enablers (social acceptance, family support, work-life infrastructure, merit culture, equitable education, personal safety) and policy tailwinds such as HKEX’s ban on single-gender ... [show/hide]
Saturday 01 November, 2025
FunderPro Halloween Giveaway: Win iPhone 17 Pro or S25 Ultra + 20% Off (Oct 25–Nov 2)
Buy any FunderPro Challenge (Classic, One Phase, or Pro) and you’re automatically entered—no extra forms. Entries per purchase: $50K & below = 7 entries, $100K & above = 10 entries. Prizes:
1st: iPhone 17 Pro or Samsung S25 Ultra
2nd: Apple Watch 11 or Galaxy Watch 8
3rd: AirPods 3 or Galaxy Buds 3 Pro
Winners chosen at random, announced Nov 3, 2025, contacted via purchase email; identity verification required. Pumpkin ... [show/hide]
Monday 27 October, 2025
Plus500 Becomes Tech Backbone for Topstep’s US Brokerage; CME Access via Plus500 Clearing
Plus500 (LSE: PLUS) has signed an exclusive deal to provide clearing, order routing, and risk infrastructure for Topstep’s US brokerage arm, giving Topstep’s trader community live CME Group market access through Plus500’s systems. Topstep Brokerage remains a CFTC-registered, NFA-member Introducing Broker (IB)—customer relationships and solicitation sit with Topstep, while Plus500 acts as the FCM handling execution, clearing, and back-office ops. ... [show/hide]
Wednesday 22 October, 2025