Instant Funding Launches New Crypto and CFD Brokerage Services
Instant Funding is launching a cryptocurrency platform called IF Crypto in May and has also announced the opening of IF Pro, a CFD brokerage service in Saint Lucia. Early access sign-ups for IF Crypto have begun, with considerable community interest. The firm aims to reinforce regulatory compliance through its new brokerage, with more details to follow.
Prop firm Instant Funding has unveiled plans to launch its cryptocurrency platform, IF Crypto, next month, alongside its new brokerage service, IF Pro. This initiative positions them among retail trading firms who have recently secured licenses to manage contracts-for-difference (CFD) businesses in Saint Lucia, a location known for its appealing regulatory environment.
The company is generating excitement for the May launch of IF Crypto through early access sign-ups, which will provide users with product updates and priority access upon launch. They have noted a strong community interest in the new crypto-focused platform, encouraging followers to share the early sign-up opportunity.
Historically, cryptocurrencies have seen limited popularity in the prop trading sphere, but recent entrants, such as Hydra Funding and Klein Funding, are expanding their offerings to include digital assets. However, Instant Funding’s upcoming brokerage service, IF Pro, appears to be the more pivotal development.
The IF Crypto platform is set to launch in May, while IF Pro, the brokerage service, was announced recently. More details regarding IF Pro’s features and capabilities will be promptly shared, highlighting the brokerage’s commitment to service innovation and compliance.
The new brokerage, IF Pro Ltd, is officially registered and licensed in St. Lucia, which has become a favourable jurisdiction for prop trading firms in recent years. The advantage of this move lies in enhanced regulatory compliance and access to the widely utilised MetaTrader 4 and 5 platforms. Detailed information about IF Pro is still awaited, with speculation about whether it will cater exclusively to retail clients or primarily support prop trading firms.
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