CMC Funded Selects Match-Trader as the Platform for Its…
By PressRelease
AI summary of the source article
CMC Funded has partnered with Match-Trade Technologies to use Match-Trader as the technological platform for its entry into prop trading. Although drawing on CMC Markets' expertise, CMC Funded is run separately and does not provide regulated products or live brokerage accounts. Instead, traders participate in simulated evaluations, such as a $100,000 challenge scheduled to launch on October 1 with preset performance targets. Match-Trader delivers a progressive web app accessible across web, mobile, and desktop without software installation, alongside prop management tools covering multi-phase evaluations, rule settings, trader monitoring, and analytics.
Why it matters
The deal illustrates major retail brokerage groups expanding into the proprietary funded-trader space using specialized third-party trading technology.
Key facts
- CMC Funded has chosen Match-Trader as the technology foundation for its simulated prop trading challenges.
- The venture operates separately from CMC Markets and does not provide regulated products or live brokerage accounts.
- Match-Trader operates as a progressive web app and includes prop controls for challenge design, multi-phase evaluations, and trader monitoring.