Funding Pips has recently announced a temporary suspension of its operations. This decision comes in the wake of Black Bull Markets, their primary broker, ceasing their collaboration. The underlying cause of this disruption is linked to challenges with MetaQuotes, a key provider of software for online trading, particularly the widely-used trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
Despite this temporary setback, Funding Pips has shared an optimistic outlook for the near future, promising a swift return to operations. Here are the key updates from Funding Pips:
- Return Timeline: Funding Pips is committed to resuming its operations within a maximum of 10 days, ensuring minimal disruption for its traders.
- Expansion of Platform Choices: In an exciting development, Funding Pips plans to introduce four new trading platforms to its offerings. These platforms will be rolled out in the following order:
- MatchTrade
- cTrader
- DXTrade
- Tradelocker
- Brokerage License and Liquidity Provider: A significant aspect of this expansion is that all new platforms will be integrated under Funding Pips’ own brokerage license. This move eliminates reliance on third-party licenses and ensures that Funding Pips has control over its liquidity provision, marking a step towards greater autonomy and tailored service offerings for its traders.
