بروزرسانی: 29 خرداد 1404
Prop Trading: Three Months after Suspending US Services, Alpha Capital Promises Comeback
The proprietary trading firm Alpha Capital Group plans toreturn to the US after suspending purchases for clients in theregion back in February. In a post on X, the company mentioned that it was planningto launch futures and a regulated brokerage platform for deposits in Seychelles inJune.
"June will be a major month for us as a group welcomingthe US back as well as launching Alpha Futures and our Seychelles regulatedbroker for deposits along with an exciting new affiliation with a well-knowntrading podcast, and on top of that, we also have the biggest event we\'ve everdone for 200 people at the Park Plaza in London hosted by some leading industryfigures," the company mentioned.
Reopening Purchases to Clients in the US
Alpha Capital is among the proprietary trading firms thatsuspended purchases for US clients following a regulatory crackdown inthe industry at the beginning of the year. In a statement, the company termedthis step as a response to market development in the US. Services for new andexisting clients were halted by the firm, but operations in otherjurisdictions were not impacted.
Just a final sign off from me before I go and enjoy some family time.A great month in the books for us as a business and we couldn\'t do it without you all so I want you to know we appreciate each and everyone of you.June will be a major month for us as a group welcoming the…
— Alpha Capital Group (@AlphaCapitalUK) May 31, 2024
Amid the suspension, Alpha mentioned that it was activelyseeking legal clarification to ensure compliance and plans to resume servicesfor US clients once it secures the necessary assurances. The firm emphasizedits commitment to its clients and ongoing efforts to gather evidence to supportthe reopening of services in the US in the future.
Early this year, MetaQuotes reportedly tightened its regulatory standards for proprietary trading platforms. This shift becameevident when the platform compelled Blackbull Markets to abruptly ceaseservices to Funding Pips. This action pointed to efforts toward compliance,particularly concerning clients in the US.
Since our launch, our unwavering commitment to building a platform and environment to sustain not only our businesses longevity but also a place our clients can rely on. Due to the recent market development in the United states (US) we have made the decision to suspend…
— Alpha Capital Group (@AlphaCapitalUK) February 19, 2024
Navigating Regulatory Pressure
The US regulatory environment still presents uniquechallenges for leveraged trading services and Contract for Differenceofferings. Proprietary trading firms, which operate outside traditionalregulatory frameworks, face increasing scrutiny.
Notably, as MetaQuotes enforced stricter compliancemeasures, competitors in the trading technology space seized the opportunity tofill the gap. Companies like Devexperts introduced dedicated trading platformsfor proprietary trading services.
This article was written by Jared Kirui at www.financemagnates.com.منبع: https://www.financemagnates.com//forex/prop-trading-three-months-after-suspending-us-services-alpha-capital-promises-comeback/