Recently there was Magic Compass Group (hereinafter referred to as Magic Compass) announced that it has completed the comprehensive incubation of its prop trading company and officially launched a new platform –The Trader Funds (TTF), which is supported with its own capital. The launch of the TTF prop trading brand marks the beginning of a comprehensive development of the prop trading markets by Magic Compass, spanning Europe, Asia Pacific and North America, as well as providing global traders with services such as disseminating trading knowledge, training Offering trading strategies, community building and a trading platform.
Key features of TTF
According to reports, the new platform supports TTF on its own funds to provide users with training on trading strategies and a customized trading testing mechanism. By setting up TTF’s five account types – COMET, LUMINARY, AURORA, SOLAR and SUPERNOVA – the aim is to make it easier for users to start trading. This framework meets the differentiated product needs of merchants at all levels and allows users to take advantage of different rules and benefits depending on their individual needs.
In addition, as a platform for training trading strategies, TTF offers its users basic knowledge transfer, a sophisticated training framework and various tools to enable them to trade in the most important trading categories. This helps beginners, intermediates as well as professionals to combine theoretical expertise with practical trading, providing a comprehensive trading experience that moves from virtual trading to trading with fixed orders based on underlying equity.
Independent Acts and Licensing
According to the company’s capital structure and relevant licensing information TTF a wholly owned subsidiary of Magic Compasswhich operates independently. Magic Compass currently has a number of licenses, including in Hong Kong, Cyprus, Seychelles, Lithuania and Mauritius.
Engagement with the trading community
In a conversation with Alex Zhou, Marketing Director of Magic Compass Group, he said: “TTF will be present at the World of Trading 2024 in Frankfurt am Main in November this year. We look forward to meeting trading enthusiasts in Europe and exploring trading with professionals from around the world.”
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