MyFundedFutures Announces Two Exciting Updates
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TheTrustedProp
Date: August 3, 2024
MyFundedFutures is celebrating its one-year anniversary with some big news! They’ve announced two major updates that are set to improve the trading experience for everyone. Let’s take a closer look at these exciting changes.
Details About MyFundedFutures
MyFundedFutures operates under the legal name MyFunded Futures LLC. The company is registered in the United States with company number 2401134. The CEO of MyFundedFutures is Matthew Leech.
MyFundedFutures has become a popular choice for traders by providing funded accounts and the tools needed for successful trading. Their mission is to empower traders with great resources and support. In just one year, they’ve grown a lot and built a strong community of traders.
First Update: Transition to DxFeed.
One of the big updates is the switch from the Rithmic to the DxFeed Data Feed. This change starts next Monday and promises to bring many benefits to traders.
Benefits of DxFeed
DxFeed is known for its high-quality market data solutions. By using DxFeed, MyFundedFutures hopes to offer traders more accurate and reliable data, leading to better trading decisions.
New Trading Platforms with DxFeed
With the DxFeed switch, traders will have access to four new trading platforms: Quantower, ATAS, VolSys®, and VolBook®. Each platform offers unique features and benefits, suiting different trading styles.
Quantower
Quantower is a versatile trading platform with advanced charting tools, custom indicators, and algorithmic trading capabilities. It supports multiple asset classes and offers a wide range of tools for market analysis and trading. Traders using Quantower can enjoy a seamless trading experience with real-time market data, powerful analysis tools, and efficient trade execution.
ATAS
Features
ATAS is designed for order flow analysis and tape reading. It provides detailed insights into market dynamics, helping traders understand market movements and make informed trading decisions. ATAS users benefit from enhanced market transparency, allowing them to identify trading opportunities and manage risks more effectively.
VolSys®
VolSys® is a beginner-friendly trading platform with a simple and intuitive interface. It’s designed to help new traders get started easily while providing essential tools for effective trading. New traders can quickly adapt to the platform, access educational resources, and start trading with confidence.
VolBook® - Heatmap Desktop Platform
VolBook® is a heatmap trading platform that visualizes market liquidity and order flow. It provides traders with a unique perspective on market conditions, enabling them to spot trends and potential reversals. By using VolBook®, traders can gain a deeper understanding of market behavior, which can enhance their trading strategies and outcomes.
Volumetrica Trading® Web Platform
Along with the desktop platforms, MyFundedFutures is also introducing the Volumetrica Trading® Web Platform. This web-based platform complements the desktop versions, offering traders the flexibility to access their accounts and trade from anywhere. The web platform provides a comprehensive trading experience with real-time data, advanced charting tools, and seamless integration with the desktop platforms.
Integration with Desktop Platforms
Traders can easily switch between the web and desktop platforms, ensuring continuity and convenience in their trading activities.
Second Update: Sim Funded Resets for Starter Accounts
The second big update is the introduction of Sim Funded Resets for Starter Accounts. This feature has been highly requested by traders and is now being implemented to improve their trading experience.
Introduction of Sim Funded Resets
Sim Funded Resets allow traders to reset their accounts if they experience significant losses, providing them with a fresh start and a chance to recover.
Reasons for Introducing Resets
The decision to introduce resets is based on feedback from traders who wanted more flexibility and opportunities to succeed, even after setbacks.
Conditions and Limitations
Initially, only one reset per simulated funded account will be allowed. However, there are plans to increase this to up to three resets in the future.
Conclusion
In summary, MyFundedFutures is marking its one-year anniversary with two exciting updates: the transition to the DxFeed data feed and the introduction of Sim Funded Resets for Starter Accounts. These changes are set to enhance the trading experience, providing traders with better data, more flexibility, and greater opportunities for success.