Author: Alex Firdaus
Alex Firdaus is Head of Media at FinMedia Group, overseeing editorial across DailyFXWire's forex news, prop firm reviews, and press releases. He has traded crypto since 2014 and spent over ten years as a Google Search Quality Rater at Leapforce and Appen, evaluating content against Google's own quality guidelines. That mix of hands-on market experience and a decade inside Google's quality process is how he reviews DailyFXWire's coverage, for accuracy, dated evidence, and plain language over hype.
Tradeify, a futures prop firm, has opened registration for the Premier Trading League, a free contest with a $1 million prize pool. Registration opened in early September 2026. The competition is played on simulated accounts and ends with a live finale in Fort Lauderdale, Florida on December 11. Tradeify is running the event with FlyQuest, an esports organization. Entry costs nothing. Traders compete across two rounds, called opens. Open 1 runs from September 21 to October 19. Open 2 runs from October 26 to November 23. Each round is built on head to head matches, where two traders go up…
Prop firm FTMO paid about $422 million to buy the retail broker OANDA, according to financial filings from its parent company reported on September 8. The figure confirms the price of a deal that closed on December 1, 2025, and it shows how far the challenge-based prop model has moved into live brokerage. The filings put the price at 8.79 billion Czech koruna. That is a big jump from what OANDA last sold for. Private equity group CVC bought the broker in 2018 for $160 million. FTMO paid more than double that seven years later. A prop firm with broker-sized…
Dubai, United Arab Emirates — July 8, 2026 What the Deal Involves OGM Group, the group behind Orion Funded, today announced the completion of the absorption of WAF, an emerging proprietary trading firm that experienced strong growth within the Spanish-speaking market. The financial terms of the transaction remain confidential. While industry sources have suggested the deal could be valued in the seven-figure range. The transaction forms part of OGM Group’s broader strategy to consolidate the proprietary trading sector through selective acquisitions and strategic transactions, while providing continuity for traders affected by firms exiting the market. What Happens to WAF Traders…
FinMedia Group (FMG), the Singapore-headquartered finance and trading media network, has launched FundedTrading B2B Consulting, an advisory service for entrepreneurs and operators entering the proprietary trading sector. The Problem: Overbuilding Before Validating Demand The service responds to a pattern FMG has observed across more than 100 firm reviews since 2022: new operators routinely overbuild before validating demand — sinking launch capital into enterprise-grade tech stacks, oversized marketing campaigns, paid advertising at scale, and full operational infrastructure before they have generated their first traders. The result is exhausted budgets, no proven channels, and nothing left for the activities that would have built the business…
Ajman, UAE, May 13th, 2026 Funded Academy has officially launched, introducing a proprietary trading platform built around a single idea: trading should be a process of learning, proving, and evolving, not just passing a challenge. The firm enters the market with a structure that combines education, evaluation, and funding into one continuous environment, allowing traders to develop their skills while working toward funded opportunities. From Learning to Funding, in One System Funded Academy is built to guide traders through a complete journey. Instead of separating education from execution, the platform connects both. Traders begin by selecting a program such as…
PropEd Capital’s Platform Update at a Glance Lansing, Michigan — March 23, 2026 — PropEd Capital today announces a major platform update, introducing “TrueRisk” accounts alongside a series of new features designed to improve transparency, automation, and trader control across its proprietary trading environment. The update also includes a limited-time 35% sitewide discount across all plans. The update reflects PropEd Capital’s ongoing focus on simplifying the trading experience while addressing common challenges faced by traders, including restrictive risk models, unclear payout structures, and limited visibility into account performance. Introducing “TrueRisk”: A New Approach to Risk As part of this update,…
Indonesia prop trading is emerging as a strategic growth market, with more than 19 million retail investors and strong youth participation driving expansion across the trading ecosystem.
Launching a brokerage or prop trading firm today is no longer just a technical exercise. Founders are expected to make correct decisions across regulation, technology, payments, liquidity, branding, and market entry, often before their first client is even onboarded. In practice, many new firms lose significant capital not because of poor ideas, but because of misaligned early decisions. Over the past years, FinMedia Group has worked at the center of the global trading ecosystem through its media platforms, research initiatives, and partnerships with brokers, prop firms, technology providers, and payment institutions. As a result of repeated requests from founders and…
Geneva, Switzerland — [February 16th, 2026] — Swiss Firmup today announces its launch as a proprietary trading firm dedicated to supporting independent traders operating in the global financial derivatives markets. The prop firm introduces a structured prop trading model built on transparency, regulated futures markets, and a pathway to real, funded trading accounts, addressing growing concerns among traders across the industry. Over recent years, the prop firm sector has expanded rapidly. Alongside this growth, many traders have raised concerns about practices that have become increasingly common, including simulated funded accounts, restrictive or changing trading rules, recurring evaluation fees that resemble…
SINGAPORE — February 4, 2026 — FinPR, a leading name in fintech public relations, today announces a major strategic evolution. The agency is officially transitioning into FinMedia Group (FMG), a high-growth FinTech Media and Authority Network. As part of this transition, the agency’s core operations have been absorbed into its portfolio companies, and its web development unit has been spun off as a standalone entity. This move allows FinMedia Group to focus exclusively on developing financial media platforms, communities, and lead-generation ecosystems. A Shift from Promotion to Presence The transition to FinMedia Group marks a move away from traditional service-based…
