Welcome to YourPropFirm’s September update! In our August update, we focused on improving the user experience with a new Positions Overview feature, enhanced search functionality, and KYC (Know Your Customer) process updates. We also introduced tools like the Data Export Functionality and detailed daily reports to give you a more comprehensive view of trading activities and platform performance.

Building on that foundation, we’ve rolled out many powerful new features to help prop firm owners better manage their businesses. From enhanced analytics capabilities to multi-language dashboard support and key improvements to existing features, we have focused on providing tools that offer deeper insights and greater control. Let’s explore these updates in detail!

New Features

Enhanced Analytics

Understanding user behavior, account activities, payout processes, program effectiveness, and income streams is essential for prop firm owners. Our newly enhanced analytics features within the dashboard provide a more comprehensive view of these key areas.

In the General Metrics section, users can now compare the number of new users, new accounts created, and new payout requests with the same date from the previous month. This helps them understand user growth patterns and trends in account creation and payout requests. Additionally, users can compare the payout rate with the same date last month, helping them assess the efficiency of payout processes.

We have added new filtering capabilities to make analytics more precise and insightful. Users can filter data by day, week, month, or even select a specific date range for tailored insights. This flexibility ensures you get the most relevant and up-to-date data based on your chosen criteria.

For those who prefer offline analysis or need to generate reports, there is now an option to export filtered analytics data directly to a CSV file. This makes it easier to manage and utilize data outside the dashboard environment.

Users Section

The Users section has been enhanced with new visual tools to help you better understand user acquisition trends. A new information graph displays the number of new users over a selected timeframe, providing a clearer view of how user acquisition progresses. Additionally, a map demographic of user origins offers a geographical analysis of where users come from, which can be particularly useful for targeted marketing and regional expansion strategies.

We’ve added detailed user counts by country to help you see where your users are coming from. This information is useful for planning growth and marketing efforts in specific regions.

Accounts Section

To provide better insights into account activities, the Accounts section now includes a comprehensive graph that shows the number of new accounts created, accounts breached, and accounts upgraded. This new feature helps you quickly assess the status and activity levels of user accounts on the platform.

A new metric displaying the number of active accounts is also available. This is crucial for assessing user engagement and understanding the platform’s health.

Payouts Section

Managing payouts effectively is a priority, and we’ve added several new features to the Payouts section to assist with this. New graphs show the number of payout requests, rejections, and approvals, allowing you to track the payout process and identify bottlenecks.

We have also introduced a feature that displays the payout amount requested by currency and the highest and lowest payout amounts by currency. This functionality is vital for managing multi-currency transactions and financial reporting.

To further enhance payout management, a graph showing the payout amount approved versus requested by currency is now available. This visual representation provides insights into the efficiency of the payout approval process.

Programs Section

An information table has been added to the Programs section to display the number of accounts created per program. This feature helps understand the popularity and effectiveness of different programs, enabling better decision-making and future program development.

Incomes Section

The Incomes section now features a table displaying income amounts according to WooCommerce checkout data by currency to provide a clearer view of income streams. This table is essential for financial analysis and reporting and helps you understand your revenue sources more comprehensively.

Multi-Language Dashboard Support

To cater to a broader audience, the dashboard is now available in five new languages: Russian, Serbian, Spanish, Portuguese, and French. This multi-language support ensures that users from different regions can navigate the platform in their preferred language, enhancing accessibility and user satisfaction.

Enhancements

Daily Drawdown Calculation

The daily drawdown feature has been enhanced to recalculate the margin of error when the last trade closes. This improvement ensures more accurate calculations and better risk management for traders, giving them a clearer view of their trading performance.

Improved DXTrade Integration

We have enhanced the DXTrade integration to improve compatibility with our dashboard. This includes changes to how the trading account’s login ID is displayed in DXTrade, making it easier to manage accounts and ensuring smoother functionality of the trading system.

Fixes

Resolved Upgrade Pending Issue

We have fixed a rare issue where an account remained in the ‘Upgrade Pending’ state even after the upgrade was approved. This fix ensures smoother account management and prevents unnecessary delays.

Sirix Trade Information Accuracy

We’ve resolved discrepancies between the dashboard and Sirix regarding open time, close time, profit, and loss. This fix ensures more accurate trade information and provides a better user experience.

Conclusion

As YourPropFirm evolves, we remain committed to providing prop firm owners with the best tools and resources. This month’s updates aim to enhance analytics capabilities, improve data insights, and offer more control over key business metrics. We are excited about these new features and look forward to your feedback. Stay tuned for more updates next month!