Doctor loses RM880,000 in fake share investment scam
A doctor in Pahang lost over RM880,000 in a fake share scheme promising high returns
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Abstract:Funding Pips relaunches with Match-Trader integration, plans cTrader & TradeLocker. Restores service amid industry challenges, promises enhanced features & resilience.

Funding Pips has successfully resumed operations by integrating the Match-Trader platform into its service offerings. This development comes amidst ongoing challenges within the sector, primarily due to actions taken by MetaQuotes, the developer behind the widely-used MT4 and MT5 trading platforms, and pressures on CFD brokers to sever ties with several proprietary trading firms.
Funding Pips CEO Khaled Ayesh informed customers over Discord that the service is now fully operating. Ayesh added that, in addition to the Match-Trader platform, Funding Pips plans to release the cTrader and TradeLocker platforms next week. This relaunch not only restores its service but also enhances the platform's capabilities, resolving the temporary closure and promising more operational resilience in the future.

The choice to initially incorporate Match-Trader is attributed to its unique feature of allowing the migration of trading account histories from MT5 accounts. This guarantees that traders may keep a continuous record of their trading actions, which is a feature exclusive to Match-Trader at this time.
With the integration of Match-Trader, Funding Pips clients can now access their migrated accounts for trading. An upcoming feature will enable the modification of stop loss and take profit parameters directly on the chart, expected to be available next week. However, the transition to the new platform has not been without its hurdles; the firm acknowledged a bug affecting account upgrades but assured a swift resolution.

Khaled also mentioned continuing initiatives to improve the platform's functionality, such as the inclusion of balance-based drawdowns, the ability to copy across Funding Pips accounts, and the addition of a 200k account option.
In light of the platform's temporary shutdown, adjustments have been made to payout schedules and account management processes. Payout eligibility and request periods have been extended to accommodate the disruption. Additionally, the inability to retrieve data on floating losses and profits during the server downtime presents mixed outcomes for traders, benefiting those in floating loss positions while disadvantaging those in profit.
Funding Pips is a major proprietary trading service that gives traders funding and a platform to trade financial markets risk-free. Funding Pips, founded to find and develop trading talent worldwide, gives traders a unique chance to profit from their skills. Trading skills are evaluated via a controlled method, and successful individuals get funds.

Funding Pips enables several trading platforms and tactics to suit different trading styles and preferences due to its revolutionary customized trading strategy. The company provides instructional materials, trading tools, and a friendly community to help traders prosper via transparency, support, and continual improvement.
Funding Pips' adaptability to platform provider and trading industry regulatory changes has made news. Integration of Match-Trader and plans to integrate cTrader and TradeLocker demonstrate Funding Pips' commitment to cutting-edge technology and solutions.
Funding Pips empowers traders worldwide to trade with large capital, make money, and develop professionally in financial trading.
Funding Pips' relaunch with Match-Trader and the forthcoming addition of cTrader and TradeLocker platforms marks a pivotal moment for the firm and its clientele. Despite recent sector-wide challenges, these developments underscore Funding Pips' commitment to providing robust and versatile trading solutions. As the firm navigates these developments, it is committed to improving its service offerings and providing a frictionless trading experience for its customers.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

A doctor in Pahang lost over RM880,000 in a fake share scheme promising high returns

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