In a significant update for its traders, The5ers has announced the commencement of a migration process for U.S. traders to the MatchTrader platform, starting this upcoming weekend. The transition is aimed at enhancing the trading experience by leveraging the advanced capabilities of the MatchTrader platform. The migration process is expected to span a few days, during which traders’ existing accounts will be set to either ‘disabled for trading’ or ‘close-only’ mode until the new accounts are fully operational.
Key Migration Details:
- Migration Start: The process will begin this weekend and is expected to take a few days to complete.
- Account Status: Existing trading accounts will be temporarily disabled or set to ‘close-only’ mode during the migration.
- Action Required: Traders are advised to close any open positions and refrain from opening new positions to facilitate a smooth transition.
- Open Positions: The5ers commits to migrating any remaining open positions as seamlessly as possible.
- Compensation Measures: Accounts currently at a loss will be reset to their initial balance, and accounts in profit but closing losing trades today will receive reimbursement for these trades.
This move by The5ers to transition U.S. traders to the MatchTrader platform reflects the firm’s dedication to providing a superior trading environment. The firm’s approach in compensating affected accounts showcases its commitment to fairness and support for its trading community during this transition period. Traders are encouraged to comply with the migration instructions to ensure a smooth shift to the new platform.
