Major Announcements by FXCI !! New Trading Platforms and Challenge accounts
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TheTrustedProp
Date: July 18, 2024
FXCI has recently made a series of significant announcements that promise to enhance the trading experience for their users. Over the next ten days, traders can look forward to the introduction of two new trading platforms and substantial updates to the challenge accounts. These updates are part of FXCI's ongoing commitment to provide better tools and more favorable trading conditions.
About FXCI
FXCI Challenge LTD is a registered trading company in the United Kingdom, operating under the company number 15068590. Under the leadership of CEO Tony Guts, FXCI has established itself as a reputable firm in the trading industry. For any support or inquiries, traders can reach out via [email protected].
Upcoming Updates Overview
FXCI's new updates will be rolled out in the next ten days, significantly impacting the platform's usability and trader benefits. These updates include the addition of two new trading platforms, cTrader and YFT, and enhanced challenge account conditions aimed at making trading more accessible and profitable for users.
New Trading Platforms
Introduction to New Trading Platforms
FXCI is set to introduce two new trading platforms: cTrader and YFT. Both platforms are designed to cater to different trading styles and preferences, providing advanced tools and features to enhance the trading experience.
Details on cTrader
cTrader is a widely popular trading platform known for its robust features and user-friendly interface. Here’s why FXCI has chosen to integrate cTrader:
- Advanced Charting Tools: cTrader offers powerful charting tools and technical indicators that help traders analyze markets more effectively.
- One-Click Trading: This feature allows traders to execute trades quickly and effortlessly with just a single click.
- User-Friendly Interface: The platform is designed to be intuitive, making it easy to navigate regardless of the trader's experience level.
- Powerful Algorithmic Capabilities: Traders can automate their strategies, enhancing trading efficiency and effectiveness.
Details on YFT
YFT is another exciting addition to FXCI's platform lineup, ideal for traders seeking a fast and intuitive trading tool. Key features of YFT include:
- Built-in TradingView Charts: These charts are highly regarded by millions of traders worldwide for their reliability and comprehensive analysis tools.
- Manage Trades from Charts: Traders can directly manage their trades from the charts, making the trading process seamless and efficient.
- Tab Bar for Multiple Assets: Easily navigate between different assets with the platform’s convenient tab bar.
- One-Click Trading: Like cTrader, YFT also features one-click trading, ensuring quick and hassle-free trade execution.
Discontinuation of DXtrade
FXCI has announced the discontinuation of the DXtrade platform. However, users currently using DXtrade need not worry as their accounts will be safely migrated to the new cTrader platform. The migration will take place over the next ten days, and traders will also have the option to migrate their accounts to YFT. To compensate for the transition period, FXCI is offering a generous bonus to its clients.
Updates on Challenge Accounts
Introduction to Challenge Account Updates
In an effort to make their challenge accounts more accessible and beneficial, FXCI is implementing several important updates. These changes aim to lower the barriers for traders aspiring to become FXCI expert traders.
Details on the 2-Phase "Unlimited" Challenge
- Profit Target Reduction: The profit target for Phase 1 has been reduced from 10% to 8%. This makes it easier for traders to reach their targets.
- Profit Split Details: The profit split remains an industry-leading 85%/15%, ensuring that traders retain the majority of their profits.
Details on the 1-Phase "Boosted" Challenge
- Profit Split Improvement: The profit split has been improved from 60%/40% to 85%/15%, significantly increasing the traders' share of profits.
- Reduction in Minimum Trading Days: The minimum trading days requirement has been reduced from 4 to 3, allowing traders to access a live account faster.
Implications for Traders
The upcoming changes are designed to provide numerous benefits to traders. The integration of cTrader and YFT will offer more advanced tools and a more intuitive trading experience. The updates to the challenge accounts will make it easier for traders to meet their targets and enjoy a greater share of their profits. These changes will be applied immediately for existing users, ensuring that all traders can benefit from the improved conditions.
Refined Dashboard
In addition to the platform and account updates, FXCI is also refining its dashboard to make it more user-friendly. The new dashboard will feature enhanced navigation and usability, allowing traders to manage their accounts more efficiently. These updates will start rolling out tomorrow, providing users with a more streamlined trading experience.
Conclusion
FXCI's recent announcements mark a significant step forward in enhancing the trading experience for their users. With the introduction of the cTrader and YFT platforms, improved challenge account conditions, and a refined dashboard, FXCI continues to demonstrate its commitment to supporting traders. These updates will lower the barriers to becoming an FXCI expert trader and provide more advanced tools for trading success.