This major release brings a host of updates to our Prop Trading System, elevating experiences for both end users and administrators. Now, Prop Firms can effortlessly calculate and distribute profit sharing not only to challengers but IB/referrals as well, offering a powerful incentive to attract more participants. Furthermore, the challenge setup process has been refined for enhanced intuitiveness and flexibility, such as assigning challenges based on client groups, non-disruptive challenge terminations and more. Dive in to explore the full spectrum of improvements!
1. Revamped Challenge Setup Process
Streamlined Step-by-Step Setup
Experience a redesigned Challenge setup process, featuring a clear and intuitive progress bar providing real-time updates on remaining steps.
Flexible Display Configuration
Take control of your clients’ experience by prioritizing which menu to show first: “My Challenge” or “Challenge Details.” It’s your call whether to have your clients jump right in to choosing packages or to first have an overview of the challenge.
2. Profit Sharing Distribution
Profit Sharing Configuration
Unlock unprecedented convenience by configuring profit sharing within the system, designed to distribute rewards seamlessly to both challengers and referrals, ensuring a hassle-fee process and timely payouts for all recipients.
Flexible Distribution Methods
Choose between automated distribution for administrative efficiency or manual distribution for greater control, incorporating a review step before profits are distributed.
Adjustable Settlement Frequency
Customize your profit-sharing distribution frequency to align with your business strategies and goals.
3. Dynamic Challenge Allocation Across Client Groups
Tailored Challenges for Specific Client Groups
Assign distinct challenges and packages to different client groups, ensuring a more targeted and customized approach to enhance your client conversion and retention.
Non-Disruptive Experience on Live Clients
The challenge assignment process emphasizes a seamless transition, guaranteeing that no challenge participant is impacted, thereby ensuring business continuity and and ongoing client engagement.
4. Smart-Switch Challenge Termination Process
Seamless Challenge Termination
Markets are dynamic and now, you can easily update your challenge configurations accordingly. The smart-switch feature will remove the older challenge preventing further signups while showcasing your new challenge with updated conditions.
Non-Disruptive Experience for Live Clients
Smart-switch intelligently handles the challenge termination process, ensuring that current participants of the older challenges are not affected, allowing them to proceed until completion. Participants in the older challenge will continue to track their progress, while new participants will enroll in the updated challenge seamlessly.
5. Advanced Notification Management
Prop Trading Notification Tab
Introducing a specialized Notifications Tab designed to filter all Prop-related requests and tasks, enhancing focus and efficiency.
Personalized Congratulatory Email to Challengers
Celebrate your challengers’ successes with added flair. Now, when challengers successfully progress to the next level, they will automatically receive a congratulatory email from you, including a timestamp on the achieved milestone. You can further customize the email to embed a “Success” certificate as added recognition to your clients.
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