In response to the recent developments within the trading community, Funded Trading Plus’s CEO, Simon, and the firm’s founders have issued statements addressing the situation. These statements aim to provide clarity and reassurance to the trading community amidst concerns raised by the CFTC’s injunction against MyForexFunds.
Simon’s Commitment to Transparency and Integrity
Simon’s statement emphasizes the firm’s unwavering commitment to transparency and integrity. Funded Trading Plus firmly denies any involvement in practices that harm traders intentionally. The CEO’s direct and candid communication style has been a hallmark of the firm’s approach since its inception in 2021.
Founders Pledge to Operate in Good Faith
The statement from the founders further reinforces their dedication to operating in good faith. Funded Trading Plus has consistently adhered to clear terms and conditions designed to protect the interests of both the business and its customers. The founders pledge to maintain transparency and equitable treatment of traders.
Transition to Simulated-Live Model
One significant change highlighted in the CEO’s statement is the transition to a simulated-live model for all customers across all programs. This move is driven by the firm’s commitment to ensuring a safe and transparent trading environment in compliance with global regulations.
Investment in Research and Development
Another noteworthy development is the firm’s investment in research and development, aiming to develop proprietary technologies and profitable trading strategies. Participants in the firm’s simulated programs will have the opportunity to contribute to this research, with bonuses offered as an incentive.
Enhancing Transparency with Regular Reports
The commitment to providing regular Transparency Reports is a positive step toward enhancing transparency within the industry. In 2023, Funded Trading Plus has denied only 1.74% of withdrawal requests, reflecting a commitment to fairness and trust.
Conclusion: A Model of Transparency and Fairness
Overall, these statements from Funded Trading Plus reflect a commitment to maintaining transparency and fairness within the trading community. The firm’s proactive measures and dedication to research and development demonstrate a forward-looking approach aimed at benefiting its customers.
