Match-Trader has launched prop trading tournaments and rolled out significant platform updates, including automated payment conversions and new social features, to enhance the trading experience for brokers and traders alike.
The tournaments, designed to attract and retain active traders, allow participants to compete in a simulated environment with structured rules and rewards. This setup enables users to refine their skills in realistic conditions, making the experience both educational and engaging.
Prop Trading Tournaments for Skill Development and Engagement
Match-Trader’s prop trading tournaments provide a simulated trading environment with guidelines on daily and maximum losses, evaluation criteria, and incentives for top performers. These competitions offer a gamified approach, helping new traders gain hands-on experience without risk and preparing them for live trading. Participants can progress through funding stages by meeting specific profit targets, with options to scale their accounts or withdraw gains.
Match-Trader stated, “Prop Trading Competitions create a realistic, cost-free experience where traders can test and hone their skills in free tournaments, making the platform more accessible to new users.”
Social and Payment Enhancements
The latest update also includes a notification system that improves social trading by sending real-time alerts on essential account activities, such as low balances, subscription dues, or loss limits. These automated notifications keep users informed of critical account events, enhancing the overall user experience.
The Match2Pay dashboard has been updated to allow manual deposits, offering brokers added flexibility for funding accounts and facilitating client withdrawals. This feature simplifies fund management, especially in cases where withdrawal requests surpass the current account balance.
Streamlined Currency Management with Deposit Auto-Conversion
Match-Trader’s deposit auto-conversion feature now allows brokers to receive client deposits in one currency while crediting accounts in another. For instance, a broker preferring USD can accept Bitcoin deposits and credit the account in GBP, offering seamless currency management.
In addition, the new Platform Logs CSV export feature enables brokers to extract data for external analysis, helping them make informed, data-driven decisions.
Expanded Support for Tokens and Automated Staking
To cater to a broader audience, Match-Trader has integrated support for new tokens, including USDC BASE, ETH BASE, and BTC BEP20. This allows brokers to accept a wider range of payment methods, attracting clients interested in diverse cryptocurrency options.
Moreover, Match-Trader has introduced automated staking on the TRX network, which automatically collects and re-stakes rewards, eliminating the need for manual action.
