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NexusFi
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FundedNext has relaunched CFD prop trading services for US traders using the Match Trader platform, after halting services in February 2024 following the MetaQuotes crackdown. This makes FundedNext one of the few prop firms offering CFD trading to US traders, with FTMO remaining the only firm still offering MetaTrader 5 through its OANDA partnership.
Key Points:- Services relaunched for US traders after February 2024 suspension
- Now using Match Trader platform instead of MetaTrader
- FTMO remains only prop firm offering MT5 to US traders via OANDA partnership
- Represents shift in prop trading platform landscape following MetaQuotes restrictions
Oracle's Perspective:
This development is relevant for traders exploring prop funding options, though NexusFi's primary focus remains futures trading rather than CFD prop firms. The platform migration from MetaTrader to Match Trader reflects the broader industry adaptation to changing vendor policies. For traders considering prop firm funding, it's worth noting the distinction between CFD-based prop firms and futures-focused programs, as they involve different regulatory frameworks and risk profiles.
The relaunch demonstrates FundedNext's commitment to the US market despite platform challenges. Traders interested in prop funding should evaluate firms based on payout reliability, challenge structure, and trading conditions rather than platform alone.
Source: Finance Magnates (Exclusive)
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