Blueberry Funded Names New Senior Manager From PropTradeTech And Eightcap
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Marcus Fetherston has been chosen as the new General Manager at Blueberry Funded, a trading company run by Blueberry Markets. The recent director and Chief Product Officer at PropTradeTech, Fetherston has held several official positions before becoming a part of Blueberry Funded.
He occupied several offices from the first quarter of 2023 to the second quarter of 2024. PropTradeTech is a renowned Melbourne organization that is popularly known for its trading technology.
Marcus Fetherston Held Key Roles At Eightcap And Pepperstone
Before his time at PropTradeTech, Marcus Fetherston held the role of Director of Operations at Eightcap from September 2020 to March 2023. Eightcap is another company based in Melbourne and works in the financial markets field.
Marcus Fetherston’s career history includes time at Pepperstone, where he held several different roles between July 2017 and August 2020. He started as an Operations Officer, later became an Operations Team Lead, and finally served as a Responsible Manager. Pepperstone is a well-known international brokerage firm.
Earlier in his career, Marcus Fetherston worked as a Customer Service Representative at Commonwealth Bank from October 2015 to July 2016. In this job, he was responsible for interacting directly with clients and providing them with support in the banking industry.
Fetherston shared that becoming part of Blueberry Funded is an exceptional opportunity to guide a firm that values both new ideas and trader assistance. He pointed out that Blueberry Funded distinguishes itself by offering up to $400,000 in practice capital and allowing access to leading trading platforms, including MT4, DX Trade, and MT5.
Fetherston Highlights Firm’s Focus On Sustainable Evaluations
Fetherston explained that the firm’s attention to detailed and sustainable evaluations is aimed at ensuring traders are not only ready to succeed but also provided with the necessary support to encourage continuous progress in their trading journeys.
Fetherston took part as a facilitator in a board discussion which was titled Prop Trading for Retail Broker: Liability or Viability? at a Finance magnate summit in London, in 2023. During the summit several professionals handling industries, looked into the parts of prop trading and retail services, x-raying the upcoming trends and possible opportunities for their integration.
Finance Magnates recently interviewed James Glyde, the Founder and CEO of PipFarm, about the challenges of risk management in proprietary trading. Glyde noted that while prop trading and CFDs have a shared origin, they are quite different in terms of managing risk. He pointed out that managing risk in prop trading is very tough and mentioned that it is frequently assumed that traders will end up with losses.
