FundingPips has officially announced that the PRIME plan is being discontinued for new participants. This decision follows feedback from the trading community, aiming to streamline the firm's offerings and allow traders to focus on their performance with greater clarity.
Program Impact and Statistics
Before its discontinuation, the PRIME program achieved several notable milestones:
- 400 participating traders.
- Over 900 payout requests submitted.
- More than $1,100,000 paid out to PRIME traders.
- 223 scale-ups granted by the firm.
Conditions for Existing Users
The change only applies to new sign-ups. Traders currently on a PRIME account will experience no changes to their status, retaining all existing benefits, rules, scaling paths, and payout eligibility.
Account Breaches and Future Updates
If an existing PRIME account is breached, the trader can immediately start a new FundingPips evaluation without the standard 21-day cooldown period. Additionally, the firm announced that the HOT SEAT program will be returning soon with updated features.
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