TFT relaunches original account sizes despite solid client demand for smaller accounts offering quicker access to funds.
TFT relaunches original account sizes despite solid client demand for smaller accounts offering quicker access to funds.
TFT relaunches original account sizes despite client preferences for smaller accounts, offering quicker access to funds. The firm has announced plans to return its trading accounts to their original sizes, responding to a recent survey highlighting a solid desire among clients for smaller account options. This decision comes after many traders have experienced delays in receiving payouts since the end of March 2024.
A survey conducted by TFT revealed that 76% of the over 5,300 participants expressed a desire for faster access to at least a portion of their funds, which have been inaccessible for several months due to regulatory challenges facing MetaQuotes in the U.S. Despite this overwhelming sentiment, TFT has opted to adhere to its initial strategy, emphasizing that this approach will ultimately enhance the overall client experience.
TFT announced via X (formerly Twitter) that it will deliver these accounts to you by the end of this year, assuring clients that it prioritizes their interests. The firm offers more flexibility by introducing options like the Knight Pro Challenge and other new challenge types, allowing traders to select from various parameters.
These new offerings feature additional benefits, including anytime payouts, maximum allocations of up to $2.5 million, and balance-based daily drawdown limits. Accounts will be accessible across various platforms, including the often-hidden “Platform Five” (MetaTrader 5), Match Trader, and DXtrade.
“We know you’re eager to get started, and we’re working day and night to make it happen,” TFT assured its client base. In a previous update, TFT indicated that clients with accounts under $100,000, typically including many small retail investors, might experience payout delays until they processed larger accounts, a situation expected to unfold by the end of 2024.
However, the latest announcement raises hopes for at least partial payouts shortly. In the broader landscape of prop trading, another firm, PipFar, underscored the importance of secure and prompt payouts, with 75% of respondents highlighting the significance of fast payouts and clear trading rules in their choices of trading firms.
As TFT navigates these challenges, its decisions reflect a growing recognition that client satisfaction hinges on reliable payout processes and trading conditions. To enhance user experience, TFT has partnered with Volumetrica Trading, a firm renowned for its professional trading and analytical platforms focused on order flow analysis. This partnership aims to provide traders with improved tools and insights as they engage in the market.
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