YourPropFirm Monthly Product Update – October 2024

yourpropfirm product update october 2024

Welcome to YourPropFirm’s October update! In our August update, we introduced tools like the Positions Overview, enhanced search functionality, and updates to the KYC (Know Your Customer) process. September update focused on enhanced analytics capabilities, multi-language dashboard support, and improvements to payout processes and account management.

Building on those improvements, this month we’ve rolled out new features that streamline admin processes, introduce new rules for traders, and provide greater flexibility in program creation. Let’s explore these updates!

New Features

Program Duplication for Admins

Admins can now duplicate existing programs, making it easier to quickly clone and customize them. This feature is perfect for setting up similar programs or testing variations without altering the original, allowing you to build on successful templates while making unique adjustments.

Program Duplication for Admins

PDF Contract Agreement in KYC Process

The KYC process now includes PDF contract agreements, allowing users to view, read, and agree to contracts directly in the dashboard. This streamlines the onboarding process, ensuring everything is transparent and fully automated.

PDF Contract Agreement in KYC Process

Multi-Language Support for Rule Names

We’ve added multi-language support for rule names. Traders can now view rules in their preferred language, reducing confusion and making the platform more inclusive and easier to use.

Multi-Language Support for Rule Names

Profitable Trading Days – Level-Up Rule

To level up, traders must achieve a set number of profitable days during their evaluation period. A day is considered profitable when closed trades result in a net positive balance after fees. Only closed trades on the same day count, with overnight positions excluded. This rule encourages consistent daily performance before advancing to the next level.

Profitable Trading Days - Level-Up Rule

Profitable Trading Days – Withdraw Rule

Similarly, to make a withdrawal, traders must meet a minimum number of profitable trading days. This rule ensures traders maintain a consistent performance before accessing funds. As with the level-up rule, only closed trades from the same day are considered, and overnight positions are not counted.

Profitable Trading Days - Withdraw Rule

Enhancements

Enhanced Programs Overview for Admins

The Programs Overview page now includes enhanced export, sorting, and filtering options for admins. Additionally, the program type (whether a challenge or funded program) is now visible, making data extraction, organization, and analysis more efficient.

Enhanced Programs Overview for Admins

Enhanced Users Overview for Admins

The Users Overview page has been updated with export, sorting, and filtering functions, enabling admins to access and organize user data more easily. This page now also displays verification status, providing clear insights into each user’s compliance.

Enhanced Users Overview for Admins

Enhanced Accounts Overview for Admins

Admins can now export, sort, and filter data within the Accounts Overview page. These tools provide a powerful way to manage accounts, and the page now displays the previous account ID for accounts that have been upgraded from a previous level.

Enhanced Accounts Overview for Admins

Enhanced Program Search in Add User and Add Account

Searching for trading programs during the user or account creation process has been streamlined. Instead of scrolling through long lists, admins can now type in the program name, saving time and reducing errors.

Enhanced Program Search in Add User and Add Account

Lot Size Filter in Positions Overview

The Positions Overview page now has a new lot size filter. This filter is to focus on specific lot sizes, enhancing decision-making and making it easier to analyze trades.

Lot Size Filter in Positions Overview

Enhanced Eligibility Information for Traders

The trader dashboard now provides improved visibility into trade eligibility information, showing which trades are eligible and why. This enhancement offers more transparency, helping traders align their strategies with platform rules and make better-informed decisions.

Enhanced Eligibility Information for Traders

Eligible Withdrawal Amount Display

Traders can now see their eligible withdrawal amount directly on the withdrawal page. This feature factors in trading performance and account rules, simplifying the withdrawal process and offering traders a clearer understanding of their available funds.

Add-Ons Information in Trader Account Dashboard

A new section has been added to the trader account dashboard to display available add-ons. Traders can now see which additional features or services they can purchase to enhance their trading experience, from advanced analytics tools to extended trading hours.

Add-Ons Information in Trader Account Dashboard

Verification Status in User Profile Edit Page

Admins can now see the verification status of users directly on the Edit User Profile page. This feature simplifies the management of user compliance and allows admins to check and update verification information more efficiently.

Verification Status in User Profile Edit Page

Conclusion

As YourPropFirm continues to evolve, we are committed to providing prop firm owners with the tools they need to manage their businesses efficiently. This month’s updates focus on simplifying program management, enhancing trader performance tracking, and improving admin workflows. We’re excited to hear your feedback and look forward to sharing more updates next month!

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