As demand for proprietary trading solutions rises among regulated brokers, FPFX Technologies, a U.S.-based provider of trading automation and risk management tools, has opened a new office in Limassol, Cyprus. The new entity, FPFX Tech CY Ltd, is part of the company’s strategic effort to strengthen its footprint in the expanding global prop trading space.
Supporting Regulated Brokers Entering Prop Trading
With more brokers exploring prop trading as a viable revenue stream, FPFX aims to provide tailored support, combining advanced technology with compliance-focused infrastructure. The firm’s proprietary SaaS-based Prop Trading Tech Kitis designed to streamline operations by automating workflows and removing manual tasks.
“This new office allows us to meet—and exceed—the expectations of regulated brokerages looking to enter the proprietary trading market,” the company said in a statement. “We’re committed to offering top-tier automation and risk management technologies to help them scale efficiently.”
The Cyprus location will provide localized support and help FPFX work more closely with brokers in Europe and the MENA region. The firm emphasized that the move is not just geographic—it represents a deeper push to engage with brokers ready to diversify their offerings beyond traditional models.
Market Insights from the Prop Trading Industry
FPFX recently conducted a survey to better understand the dynamics of the prop trading space. The findings reveal that 78% of clients at trader-funded firms (TFFs) are men, and the majority of users come from Gen Z and Millennialdemographics, accounting for over 60% of the client base.
According to Justin Hertzberg, CEO and co-founder of FPFX Tech:
“Our data shows that 14% of traders complete the evaluation challenge to obtain a funded account. Of those, about 45% receive a payout, which translates to around 7% of all participants. On average, payouts represent 4% of the account value.”
These figures provide valuable insight into performance trends and help FPFX refine its solutions to better align with user behavior and firm objectives.
A Growing Opportunity
With Cyprus emerging as a regional fintech hub, FPFX’s expansion positions the firm to capitalize on the evolving needs of brokerages entering the prop trading sector. By offering automation, scalability, and risk control in a single platform, the company aims to become a key enabler of success in this rapidly maturing industry.