New General Manager of Blueberry Funded - Marcus Fetherston
Blueberry Funded 是由 Blueberry Markets 營運的自營交易公司，於 2024/8/7 正式上線，推出自營品牌，提供給有志成為 Funded Trader 的交易者資金挑戰。
According to Marcus Fetherston's LinkedIn profile, he has been appointed as the General Manager of Blueberry Funded.
在加入 Blueberry Funded 之前，Fetherston 在金融領域擔任過多個職位。最近，他在 2023 年 3 月至 2024 年 6 月期間擔任 PropTradeTech 的董事兼首席產品官。PropTradeTech 是一家位於澳洲墨爾本的交易技術專業公司，為想要成立自己的 Prop Firm 的企業或者個人提供全方位的搭建服務。
Before PropTradeTech, Fetherston was the Chief Operating Officer at Eightcap from September 2020 to March 2023. Eightcap, also headquartered in Melbourne, operates as a financial markets broker.
Fetherston's career also includes experience at Pepperstone, where he held multiple roles from July 2017 to August 2020. His positions ranged from Operations Specialist to Operations Team Lead and Manager in Charge.
Earlier in his career, Fetherston worked as a Customer Service Representative at Commonwealth Bank from October 2015 to July 2016, a role that involved direct customer interaction and service in the banking sector.
Fetherston stated, "Joining Blueberry Funded represents a unique opportunity to lead a company that values both innovation and trader support. Blueberry Funded stands out by offering up to $400,000 in simulated funds and access to leading trading platforms such as MT4, MT5, and DX Trade."
"We focus on rigorous and sustainable prop trading evaluations, ensuring that traders not only have the conditions for success but also receive support to foster long-term trading growth."
Discussing the Viability of Prop Trading for Retail Brokers
Fetherston participated in a discussion titled "Prop Trading for Retail Brokers: Viability or Liability?" at the 2023 London Finance Summit. During the conference, industry experts explored the intersection of prop trading and retail brokerage services, highlighting emerging trends and potential collaboration opportunities.
Recently, Finance Magnates interviewed James Glyde, founder and CEO of PipFarm, to discuss the challenges of managing prop trading risks. Glyde emphasized that while prop trading and CFDs share common origins, they differ significantly in risk management. He noted, "Risk management in the prop trading industry is extremely difficult," adding that people typically assume traders will generate losses.
Meanwhile, fintech startup Bullo has completed its Series A funding round and will temporarily suspend its prop trading services while seeking regulatory approvals in several tier-1 jurisdictions. This decision aims to address regulatory uncertainties affecting prop firms and mitigate associated risks.
Reference：Prop Firm Blueberry Funded Appoints New GM from PropTradeTech and Eightcap
