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In today’s video, we delve deep into the recent shockwaves in the prop trading world following the freezing of assets of My Forex Funds, one of the largest prop firms available for retail traders. I discuss the implications for prop trading, the future of trading with prop money, and share insights into what this situation means for those with funds in My Forex Funds.
Topics Covered:
– Announcement regarding My Forex Funds.
– Impact on prop trading in general.
– The issue with Canadian-based prop firms and US regulators.
– Fraud allegations and what they mean.
– Alternatives and strategies moving forward.
If you have questions or need further insights, join our Facebook group Crypto and FX Traders Club (link in the comments), or leave your comments below. Don’t forget to like, share, and subscribe for more insights on the trading world! Stay tuned for the next video and take care.