David | CEO of FX2

I appreciate the role Prop Firm Match plays in the prop industry and cooperated fully with every part of their enhanced review process. I provided extensive documentation on our operations, procedures and resources. However, their final request went far beyond what is reasonable, asking for written commitments and legal undertakings that exceed even what regulators require of shareholders when licensing a broker or a bank. I was advised against it, and, out of principle, I chose not to comply with their demand. PipFarm will continue operating as usual and serving our traders as we always have: independently and responsibly, adapting to challenges and getting better every day. My focus remains on supporting our community of traders, not indulging in unverified, exaggerated, misleading, or deceptive social media drama. If you have used the MATCH code to get a free account with your first payout, please get in touch with the PipFarm support team. This promotion will be honoured. I wish Prop Firm Match well in their mission.

I take no satisfaction in traders losing their fees, wasting their time, and not getting what they're owed. Today, we are once again reminded of what happens when entrepreneurs with limited professional and industry experience launch a deeply complex and incredibly risky business. Being a good prop trader does not necessarily mean you can run a prop firm. Without regulation, traders are the ones burdened with performing due diligence on who runs the firms and what rules they apply. Good luck out there.