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Vest Raises $13M Pitching Real-Capital Prop Trading, but Vest Capital's Terms Call It Simulated
Vest Labs, the team behind perpetual-futures prop program Vest Capital, has closed a $13 million seed round led by Portal Ventures, Fortune reports. Vest pitches funded accounts as real company capital, yet its Prop Terms describe a simulated program with notional balances and no live trades for users.
October 7, 20265 min read or listen
FundingPips Drops Three Trading Rules on New Accounts, With Catches on Splits and Overnight Holds
FundingPips has removed Risk Per Trade Idea, the Striking System and Profit Concentration for new 1 Step Flex, 2 Step Standard, 2 Step Flex and 2 Step Pro accounts. But the 100% split still uses strikes, two Bi-Weekly splits fell to 80%, and Master trades now close daily without the 10% Swing add-on.
October 7, 20265 min read or listen
Lucid Trading Makes Its Live Bonus Repeatable and Adds a Pre-Live Step to LucidMaxx
Lucid Trading's live bonus is no longer one-time: hit the profit target plus 20 trading days and it pays again. Invite-only LucidMaxx adds a Pre-Live step, then starts live with a withdrawable balance and a static drawdown.
October 6, 20264 min read or listen