Stay informed about important updates regarding the US situation, regulatory changes, and migrations from Acendex Capital, FundedEngineer, True Forex Funds, and Funding Pips. These prop firms are dedicated to providing traders and investors with the updates

First Important updates related Acendex Capital

Acendex Capital Prop Firm has made an important announcement today regarding their refund policy. For any clients from the USA or Canada who have not yet placed a trade, the firm is offering a full refund. However, for clients who have used their product and have a challenge in progress, a refund cannot be provided. As a gesture of goodwill, when the challenge is live, an additional 50% of the trader’s current trading balance will be added. It is important to note that this additional amount is equity to trade with, and not a balance that can be withdrawn. The firm is also actively working to resolve any small issues on certain accounts, which will be addressed within the next 48 hours.

FundedEngineer

FundedEngineer Prop Firm has recently introduced a new backend system to enhance the trading experience for their traders. As part of the migration process, traders are required to log in and verify their accounts. This is the first step in the process, and once the account is verified, it will be confirmed and issued. Traders are encouraged to complete this verification process to ensure a seamless transition to the new system.

True Forex Funds

True Forex Funds Prop Firm has provided updates regarding their regulatory status. Over the past 10-12 months, the company has undergone an extensive investigation by the National Bank of Hungary (MNB), following an initial inquiry from the Commodity Futures Trading Commission (CFTC). The investigation covered both their online operations and physical offices, with the MNB carefully examining their data and operational frameworks to ensure compliance and legitimacy.

The investigation, which was initially expected to be completed within six months, concluded with the issuance of the final statement just yesterday. The statement confirmed that there were no issues with True Forex Funds’ operations, and while the MNB did not make any specific recommendations for their business, this outcome serves as a significant affirmation of the firm’s commitment to upholding regulatory standards and operational integrity.

Funding Pips

Funding Pips Prop Firm is working diligently to finalize the smooth migration to their new platform. They are actively keeping their traders updated on the progress and ensuring a seamless transition. Traders can expect to experience improved features and functionality with the new platform.

As these prop firms continue to evolve and adapt to the changing needs of their clients, it is important for traders to stay informed about any updates or changes. By staying up to date, traders can make informed decisions and maximize their trading experience with these firms.