Prop Trading's Great Purge: 100 Firms Say Bye-Bye to Their Bottom Line

Looks like the prop trading industry needs a hug - and maybe a stiff drink. With 100 firms closing shop in 2024, it's less "Wolf of Wall Street" and more "Where Did All The Wolves Go?"

MetaNo-Thanks

MetaQuotes dropping support for prop firms like a hot potato has sent the industry into what financial experts technically call "a massive tizzy." Justin Hertzberg, CEO of FPFX, is already predicting more closures in 2025, presumably while stress-eating his way through a box of premium trading algorithms.

Survival of the Richest

While some firms are playing dead, others are playing Monopoly...