Prop Firm Updates - July 6, 2024

🗞️ TODAY’S PROP TRADING INDUSTRY NEWS

1. Another Prop Firm Shutters

2. Which Prop Firm is Planning a Comeback?

3. GFT Launches Challenge with 12% Max DD

4. Alpha Capital Trader Journey Details

PROP TRADING FIRM MAKING COMEBACK?

- In the midst of all instability, The Prop Trading AU, an Australian prop trading firm, has unexpectedly announced its comeback on Instagram.

- Prop Trading AU is already a tainted brand, due to being flagged by the Australian Securities and Investments Commission (ASIC) in December 2022. The regulator also suspended all activity and ordered the business to shut down its website. However, the prop trading business has denied any misconduct.