Taurex Enters Prop Trading With New Atmos Platform

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The financial company Taurex has revealed it is preparing to launch a new prop trading platform, Atmos. This move puts Taurex in line with the trend of brokers expanding into retail proprietary trading, a field that has grown quickly. Taurex’s new brand will let traders experience a different way of trading, according to the update.

On the platform’s new website, atmos.tradetaurex.com, users can sign up with their names and email addresses to receive the latest information. The platform is currently being tested before the official launch. According to the update, Taurex is inviting users to be among the first to learn more about this platform as it gets ready to go live.

Atmos Joins A Rapidly Growing Prop Trading Market

Taurex first shared news of Atmos on social media yesterday. The company used channels like X, which was formerly known as Twitter, and LinkedIn to reach users. The posts included the new Atmos logo featuring a large letter “A,” which gives a bold look to the brand.

The company shared a message showing big plans for Atmos. It revealed that Atmos aims to create a new level of trading, where every move and tool is designed to improve the trading experience. Taurex noted that something powerful is coming, which will change trading for users. This suggests that Atmos aims to offer an upgraded trading experience.

The market for proprietary trading is expanding fast, with many companies offering new platforms. Taurex’s Atmos is entering this space, which includes numerous FX (foreign exchange) and CFD (contracts for difference) brokers. The growth in this area shows a strong demand from traders interested in exploring new trading styles, according to the update.

Taurex Plans To Address Traders’ Concerns About The Lack Of Rules In Prop Trading

According to the update, the prop trading industry is largely unregulated, and traders have expressed concerns. They look for companies with clear rules and prompt payments. FX/CFD brokers that follow strict regulations are becoming popular for these traders. Taurex revealed that it wants to meet these needs with Atmos by focusing on compliance and trust.

The competition in this field has been building over time. Earlier in May, a review looked at several other brokers offering their prop trading services. Some brokers, like OANDA and Axi, gave traders a large share of profits. After that, new companies joined the market, giving traders more choices with firms that follow rules.

This month, a company named MarketsVox started its platform for prop trading. Other brokers have also joined, including some companies that are based in other countries and even experienced traders who started their own businesses. Soon, Atmos by Taurex will join these brands, hoping to be a safe place for people to trade.

Just recently, another broker announced plans to launch its trading services, giving traders a way to earn money and improve their skills. According to the update, Atmos entering this busy market shows that prop trading is getting more popular for companies and traders.

About Ali Raza PRO INVESTOR

Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.