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Prop Trading Shake-up: Blueberry Market’s MetaTrader Halt
Abstract：The prop trading sector faces another setback as Blueberry Markets has taken a decisive step by restricting the grey labelling of its MetaTrader licenses for prop trading firms.
In recent developments within the prop trading sector, Blueberry Markets has made a strategic decision to restrict the grey labeling of its MetaTrader licenses for prop trading firms.
While Purple Trading and ThinkMarkets continue to offer alternative MetaTrader solutions to prop trading firms, Blueberry Markets distinguishes itself by pausing new client onboarding.
Despite sparking discussions among prop trading firms, the decision is suggested to have no immediate impact on existing clients using MetaTrader on Blueberry Markets. Current customers are reportedly able to continue trading on the platform without any reported disruptions.
The service interruption appears to have specifically impacted non-United States customers of prop trading firms. Following a MetaQuotes crackdown last month, it is allegedly reported that none of the brokerages supporting prop trading firms currently provide MetaTrader services to customers in the United States.
In response to Blueberry Markets' unexpected decision, Jon Alexander, Chief Technology Officer (CTO) of prop firm Maven Trading, expressed surprise, emphasizing the alleged absence of the brokerage from the MetaTrader app. Maven Trading is currently pausing new purchases for MT products, as it is suggested that Blueberry Markets requested a temporary halt on onboarding new clients onto MetaTrader products. This pause is in effect until further clarity is obtained from MetaTrader regarding the reason behind Blueberry Markets' exclusion from the MetaTrader app. An announcement on Maven Trading's official Discord server stated that Blueberry Markets has reportedly assured existing MetaTrader clients that they may continue trading without concern.
Several other prop firms, including MyFundedFX, Funded Engineer, and Funded Nation, have reportedly confirmed the suspension of new onboarding through Blueberry Markets. MyFundedFX, for instance, has allegedly recently reinstated MetaTrader platforms for non-US customers through the Blueberry partnership, which has now been reportedly disrupted.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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Close Up With WikiFX —— Take A Close Look At Amillex
With the rapid growth of global multi-asset investment markets, the differences among regional forex markets have become increasingly significant. As a forex broker information service platform operating in more than 180 countries and regions, WikiFX is dedicated to helping investors in every market identify reliable brokers. Therefore, we have launched an exclusive interview series —— "Close Up With WikiFX", offering in-depth conversations with local brokers. This series aims to dive deep into frontline markets and provide first-hand information, helping investors gain a clearer and more comprehensive understanding of quality brokers.
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Seacrest Markets Exposed: Are You Facing Payout Denials and Spread Issues with This Prop Firm?
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Witnessing capital losses despite tall investment return assurances by GKFX officials? Do these officials sound too difficult for you to judge, whether they offer real or fake advice? Do you encounter slippage issues causing a profit reduction on the GKFX login? Is account freezing usual at GKFX? Does the United Kingdom-based forex broker prevent you from accessing withdrawals? You are not alone! In this GKFX review guide, we have shared the complaints. Take a look!
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Is Seaprimecapitals Regulated? A Complete Look at Its Safety and How It Works
The straightforward answer to this important question is no. Seaprimecapitals works as a broker without proper regulation. This fact is the most important thing any trader needs to know, because it creates serious risks for your capital and how safely the company operates. While this broker offers some good features, like the popular MetaTrader 5 platform and a low starting deposit, these benefits cannot make up for the major risks that come from having no real financial supervision. This article will give you a detailed, fact-based look at Seaprimecapitals regulation, what the company claims to do, the services it provides, and the clear differences between official information and user reviews. Our purpose is to give you the information you need to make a smart decision about the risks and benefits of working with this company.
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