The controversial prop firm The Funded Trader (TFT) finally launched the popular trading platform provided by Match-Trade Technologies last week.
This news wouldn't have been noteworthy if TFT hadn't promised to introduce Match-Trader 10 weeks ago. Despite the delay, customers have finally received this new tool that's gaining popularity among prop firm owners and clients.
Match-Trader Added to TFT's Prop Trading Services
The company announced on its official Discord channel: "We're excited to share that Match-Trader integration is now live on our platform, offering a wide range of advantages to enhance the trading experience."
The company also prepared special promotions for the launch of the new platform:
News about Match-Trader's launch also appeared on the company's other social media channels, including X (formerly Twitter). Match-Trader is also integrated with TradingView, reportedly providing access to certain market data and stable servers.
However, the company's CEO Angelo Ciaramello made his customers wait nearly two months for the new platform launch. The earliest launch announcement appeared on July 3, 10 weeks before the actual start. At the time, Ciaramello stated that Match-Trader would appear in the company's services "soon."
Operations Not Without Controversy
TFT was one of the prop firms that suspended operations in March due to licensing issues with US clients and the MetaTrader platform. The company announced a restructuring and moved its base to the Cayman Islands, resuming operations around April.
A month ago, Ciaramello announced his intention to launch a new futures company called The Futures Trader, which would offer a similar business model but based on futures markets rather than Contracts for Difference (CFDs). This announcement was met with strong reactions from customers and traders who distrusted TFT's current actions.
Entrepreneur and trader Allen de Koker commented on TFT's latest announcement: "Your past actions have raised serious concerns. Traders, please exercise caution and do your own research before using this company's services."
Traders' main concerns were about months-long frozen fund withdrawals. However, according to the latest update last week, the company has reportedly repaid 30% of traders' debts and 55% of affiliates' debts.
In a statement on X, the company also mentioned that they've issued 70% of accounts owed to traders and processed accounts that defaulted due to inactivity in 2024.
Reference：10 Weeks after Promising Match-Trader, This Prop Firm Finally Delivers to Customers
