👀 FTMO is back in America

Hi guys, it’s Kieran. Another week is upon us and the markets are open, so lets get into it.

📢 Prop Firm Industry News

Forex prop firm giant FTMO has announced that they are back offering their services in America. They are operating through their US regulated broker Oanda, whom they recently acquired. Interestingly they are offering MT5 to US customers.

They previously stopped offering services to US customers in January 2024 due to increasing regulatory scrutiny in the US, especially enforcement actions and concerns raised by agencies such as the CFTC and SEC regarding prop trading models and platforms (notably MetaTrader 4/5).

So with regulatory barriers seemingly overcome, this is very good news for the industry, and hopefully opens up the possibility of other forex firms expanding their operations to the US too.

From Payout Junction, here are the firms who paid out the most over the last 7 days 🏆️.

🔥 Monitor prop firm payouts LIVE on Payout Junction - https://payoutjunction.com.

🕜 Red Folder News

Here are this week’s red folder news events. Lots of US jobs numbers being reported this week, culminating in non-farm payrolls on Friday. Before that on Wednesday, we’ll get Job Openings, and on Thursday we’ll get ADP jobs and Unemployment Claims.

We’re now only a couple of weeks away from the September Fed meeting, where rate cuts are in play, so these job’s numbers will be important to watch.

📈 The Macro View

September Seasonality…expect volatility

With August seasonality playing out broadly as expected, September is typically the month where the annual shake-out begins, before the end of year rally. With equity markets at all time highs, expect the shake out to be volatile.

Insider Selling at historic levels

"Out of the top 200 insider trades over the last week (by value). 0/200 were buy orders. I have never seen anything like this in my life." (Kevin Malone Wealth)

It’s probably nothing… 👀 

Gold is breaking out

One asset that loves volatility and uncertainly is Gold, and that has already started to make it’s move.

Breakout or Fakeout? Either way it feels like we are at a major decision point in global markets. This is the time of the year when markets really start moving, and i’m here for it!

OK guys that’s everything from me, have a great week!

Kieran

📚 Further Reading

Can trading with random entries but strict risk control outperform most “edge” strategies in prop firms? This week’s question to PerplexityAI includes:

• Random Entry Risk Control

• Edge Strategy Performance

• Prop Firm Evaluation Considerations

Click the link below!

The London Prop Trading Expo – London’s First Prop Trading Expo is coming, 27th September 2025

Spend a day in London meeting prop firms and chatting with successful prop traders.

They have kindly set up a special free ticket offer specifically for readers of Prop Traders Weekly, offering free tickets (usual price £20) when using the code 'POJ' to register.

Register here!

Enjoy trading related newsletters? Try the Market Journal 👇️ 

Monitor prop firm payouts LIVE on Payout Junction 🔥