TTT Markets is the latest prop trading firm to launch
a contracts-for-difference (CFD) trading business. The Saint Lucia-registered
firm has announced a limited rollout to selected user as it prepares to open
live trading access more broadly.
The move shifts the company from a pure evaluation and
funding model toward a combined prop and CFD offering built around MetaTrader 5
and in-house technology.
Transition from Evaluations to Live CFDs
Speaking exclusively to Finance Magnates, Archie Cade,
TTT Markets’ Founder and Director, said: “Our plan for the brokerage is that we
want to build long lasting and meaningful relationships with clients. To help
people trade for the long term.”
“Whilst prop trading is a brilliant offering and can
be brilliant for many traders to learn and educate themselves on good risk
management – it is often treated by people less seriously than their own
trading capital.”
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TTT Markets currently runs funding programs for
traders who pass its evaluation challenges and has reportedly grown to more
than 20,000 users in over 120 countries since late 2022.
According to the company, the new line represents the
next step in expanding its trading ecosystem after scaling its prop user base.
The firm positions the CFD unit as a way for existing and future clients to
trade markets without relying solely on evaluation-based funded accounts.
Limited “Inner-Circle” Rollout
TTT Markets has begun the CFD launch with a controlled
rollout to a small group of inner-circle partners rather than opening access
immediately to all users.
The firm plans to extend live trading to a wider
audience once it completes this initial phase. All CFD trading accounts will
reportedly run on MetaTrader 5 under TTT
Markets Ltd’s international licensing framework.
“It’s also a mission for us to provide a full
offering, for a long time we have been requested by traders to have brokerage
services. As traders like our models but prop trading doesn’t suit everyone,”
Cade added.
Prop trading firms are no longer content with just
selling challenges – a growing number are now standing up full CFD brokerage
arms, turning a niche funding model into hybrid prop‑plus‑broker businesses.
Towards the end of last year, the founders of leading
prop-trading firm The5ers moved into the contracts‑for‑difference (CFD) brokerage business with a new Cyprus‑regulated brand, TSG. Additionally, CVC Asia Fund IV agreed to sell OANDA Global Corporation to FTMO Group.
This article was written by Jared Kirui at www.financemagnates.com.
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