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Home General

FunderPro Releases New Features to Enhance Prop Firms’ Conversion Rates

April 29, 2024
in General
FunderPro Releases New Features to Enhance Prop Firms’ Conversion Rates
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Monday, 29/04/2024 | 08:31 GMT
by
FM

The new features look to make the trader’s journey smoother and boost the conversion rates

Funderpro

Coming off a strong participation at iFX in Dubai, FunderPro, a leading provider in the B2B prop firm technology sector, has recently rolled out some interesting enhancements for all prop firm owners.

These new features promise to make the trader’s journey smoother and boost the conversion rates of firms backed by FunderPro’s technology.

It’s worth noting that all FunderPro updates are engineered and developed based on data collected from the company’s own prop firm, its clients’, and insights from a decade spent in the brokerage industry.

Public Checkout Page for Seamless Conversion

The Public Checkout Page enhances both user experience and conversion rates. This feature simplifies the purchase flow by allowing traders to create their accounts directly at checkout, bypassing the need for prior registration.

Such a streamlined process not only accelerates the conversion of traders but also significantly reduces cart abandonment, a common hurdle in digital sales funnels, especially in the FX industry.

Empowering Affiliates with Custom Referral URLs

Firms can now provide custom referral URLs, offering affiliates unparalleled flexibility to drive conversions through personalized landing pages.

This strategy not only aids the effectiveness of affiliate marketing campaigns but also aligns with the best practices of digital marketing by thinking about the user experience right from the first click.

Strategic New Features and Improvements

Challenge Reset Feature

The ability for users to reset their funded account challenge (available for all supported trading platforms) has proven to be a big revenue driver.

This feature not only fosters engagement by allowing traders to start over at a discounted price but also significantly enhances the customer’s lifetime value. By leveraging existing relationships and trust, firms can encourage repeat engagements, thereby reducing the cost of acquisition and increasing profitability.

The Challenge Reset was already available for MetaTrader and now has been rolled out to all trading platforms supported by FunderPro.

Upgrade Path from Free Trials to Paid Challenges

The Upgrade feature allows traders to upgrade to a paid challenge after a successful free trial to harness the power of psychological incentives.

By enabling traders to carry over their positive account balance, FunderPro taps into their confidence and provides a tangible head-start in their paid challenge. This approach not only boosts conversions but also strengthens trader loyalty and trust in the brand.

Enhanced Transparency with Profit Share and Max Lots Visibility

The inclusion of Profit Share and Max Lots in the Challenge Conditions Table introduces a new level of transparency into the trading conditions.

This addition aids in informed decision-making, reducing the likelihood of potential traders abandoning their purchase journey due to a lack of information. By presenting all necessary details upfront, firms can streamline the comparison process and enhance the overall user experience.

User Interface (UI) Enhancements

The continuous improvement of the UI underscores FunderPro’s commitment to providing a seamless and intuitive experience for its users. From encouraging prompts on empty trading logs to clearer validation errors and improved navigation cues, these enhancements are designed to not only ease the trading process but also to guide users towards conversion and engagement.

Wrapping Up

FunderPro is releasing a steady stream of strategic features and enhancements aimed at propelling prop trading firms towards greater profitability and efficiency.

By focusing on reducing friction in the conversion process, empowering affiliates with more tools, and continuously improving both the functional and aesthetic aspects of the trading experience, FunderPro is leading the way in innovating the prop trading landscape.

FunderPro’s technology is engineered to cater both to hybrid broker/prop setups and as a standalone product. Interested parties can visit https://funderpro.com/prop-trading-technology/ and schedule a demo by filling in the contact form.

Coming off a strong participation at iFX in Dubai, FunderPro, a leading provider in the B2B prop firm technology sector, has recently rolled out some interesting enhancements for all prop firm owners.

These new features promise to make the trader’s journey smoother and boost the conversion rates of firms backed by FunderPro’s technology.

It’s worth noting that all FunderPro updates are engineered and developed based on data collected from the company’s own prop firm, its clients’, and insights from a decade spent in the brokerage industry.

Public Checkout Page for Seamless Conversion

The Public Checkout Page enhances both user experience and conversion rates. This feature simplifies the purchase flow by allowing traders to create their accounts directly at checkout, bypassing the need for prior registration.

Such a streamlined process not only accelerates the conversion of traders but also significantly reduces cart abandonment, a common hurdle in digital sales funnels, especially in the FX industry.

Empowering Affiliates with Custom Referral URLs

Firms can now provide custom referral URLs, offering affiliates unparalleled flexibility to drive conversions through personalized landing pages.

This strategy not only aids the effectiveness of affiliate marketing campaigns but also aligns with the best practices of digital marketing by thinking about the user experience right from the first click.

Strategic New Features and Improvements

Challenge Reset Feature

The ability for users to reset their funded account challenge (available for all supported trading platforms) has proven to be a big revenue driver.

This feature not only fosters engagement by allowing traders to start over at a discounted price but also significantly enhances the customer’s lifetime value. By leveraging existing relationships and trust, firms can encourage repeat engagements, thereby reducing the cost of acquisition and increasing profitability.

The Challenge Reset was already available for MetaTrader and now has been rolled out to all trading platforms supported by FunderPro.

Upgrade Path from Free Trials to Paid Challenges

The Upgrade feature allows traders to upgrade to a paid challenge after a successful free trial to harness the power of psychological incentives.

By enabling traders to carry over their positive account balance, FunderPro taps into their confidence and provides a tangible head-start in their paid challenge. This approach not only boosts conversions but also strengthens trader loyalty and trust in the brand.

Enhanced Transparency with Profit Share and Max Lots Visibility

The inclusion of Profit Share and Max Lots in the Challenge Conditions Table introduces a new level of transparency into the trading conditions.

This addition aids in informed decision-making, reducing the likelihood of potential traders abandoning their purchase journey due to a lack of information. By presenting all necessary details upfront, firms can streamline the comparison process and enhance the overall user experience.

User Interface (UI) Enhancements

The continuous improvement of the UI underscores FunderPro’s commitment to providing a seamless and intuitive experience for its users. From encouraging prompts on empty trading logs to clearer validation errors and improved navigation cues, these enhancements are designed to not only ease the trading process but also to guide users towards conversion and engagement.

Wrapping Up

FunderPro is releasing a steady stream of strategic features and enhancements aimed at propelling prop trading firms towards greater profitability and efficiency.

By focusing on reducing friction in the conversion process, empowering affiliates with more tools, and continuously improving both the functional and aesthetic aspects of the trading experience, FunderPro is leading the way in innovating the prop trading landscape.

FunderPro’s technology is engineered to cater both to hybrid broker/prop setups and as a standalone product. Interested parties can visit https://funderpro.com/prop-trading-technology/ and schedule a demo by filling in the contact form.

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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.

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Don’t miss out on this 5-second invite packed with energy and urgency!

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From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.

Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D

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Here’s a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.

From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.

Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D

#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica

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Here’s a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.

From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.

Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D

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Here’s a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.

From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.

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Join 3500+ Attendees at FMAS:24 | Africa’s Premium Financial Event

Join 3500+ Attendees at FMAS:24 | Africa’s Premium Financial Event

Join 3500+ Attendees at FMAS:24 | Africa’s Premium Financial Event

Join 3500+ Attendees at FMAS:24 | Africa’s Premium Financial Event

Join 3500+ Attendees at FMAS:24 | Africa’s Premium Financial Event

Join 3500+ Attendees at FMAS:24 | Africa’s Premium Financial Event

Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.

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Sandton Convention Center, Sandton, South Africa

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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.

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Sandton Convention Center, Sandton, South Africa

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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.

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Sandton Convention Center, Sandton, South Africa

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Join 3500+ Attendees at FMAS:24 – Africa’s Premium Financial Event

Join 3500+ Attendees at FMAS:24 – Africa’s Premium Financial Event

Join 3500+ Attendees at FMAS:24 – Africa’s Premium Financial Event

Join 3500+ Attendees at FMAS:24 – Africa’s Premium Financial Event

Join 3500+ Attendees at FMAS:24 – Africa’s Premium Financial Event

Join 3500+ Attendees at FMAS:24 – Africa’s Premium Financial Event

Looking to expand your network in #Africa?

Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.

20-22 MAY 2024
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#fmas #fmas24 #fmevents #networking #finance #africa

Looking to expand your network in #Africa?

Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.

20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa

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#fmas #fmas24 #fmevents #networking #finance #africa

Looking to expand your network in #Africa?

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20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa

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#fmas #fmas24 #fmevents #networking #finance #africa

Looking to expand your network in #Africa?

Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.

20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa

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#fmas #fmas24 #fmevents #networking #finance #africa

Looking to expand your network in #Africa?

Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.

20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa

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#fmas #fmas24 #fmevents #networking #finance #africa

Looking to expand your network in #Africa?

Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.

20-22 MAY 2024
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Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast

Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast

Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast

Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast

Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast

Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast

Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.

We’re discussing the challenges and shifts caused by MetaQuotes’ pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.

Tune in for expert analysis on the future of trading and innovative funding models.

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.

This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.

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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.

We’re discussing the challenges and shifts caused by MetaQuotes’ pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.

Tune in for expert analysis on the future of trading and innovative funding models.

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.

This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.

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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.

We’re discussing the challenges and shifts caused by MetaQuotes’ pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.

Tune in for expert analysis on the future of trading and innovative funding models.

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.

This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.

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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.

We’re discussing the challenges and shifts caused by MetaQuotes’ pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.

Tune in for expert analysis on the future of trading and innovative funding models.

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.

This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.

📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:

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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.

We’re discussing the challenges and shifts caused by MetaQuotes’ pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.

Tune in for expert analysis on the future of trading and innovative funding models.

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.

This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.

📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:

🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
👍 Facebook: https://www.facebook.com/financemagnates/
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Don’t miss out on our latest videos, interviews, and event coverage.
🔔 Subscribe to our YouTube channel for more!🔔

Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.

We’re discussing the challenges and shifts caused by MetaQuotes’ pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.

Tune in for expert analysis on the future of trading and innovative funding models.

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.

This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.

📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:

🔗 LinkedIn: https://www.linkedin.com/company/financemagnates/
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