TradersYard funding round will fund the Austrian prop trading firm’s push into Europe, Africa and Asia-Pacific, the company said this week.
The firm said entrepreneur Ingmar Mattus and his company, Andromeda Capital Partners Suisse, backed the round. However, TradersYard did not disclose the amount raised, give a valuation, or name any new outside investor.
Andromeda has supported TradersYard since 2023. It also invested 3.5 million euros in late 2024, when TradersYard named Manuel Sonnleithner as chief executive and launched a new trading platform. Therefore, the latest deal extends an existing relationship rather than adding fresh backers.
TradersYard Funding Round Supports New Products
TradersYard said it will use the proceeds to expand in three regions and add new product lines. Chief among them is an Instant Funded Account, which removes the evaluation phase and gives traders direct access to funded capital. Additionally, the company said it is preparing instant payouts.
Sonnleithner said the funding will help the firm move faster and reach more traders worldwide. Meanwhile, the company said it now runs its trading platform, risk systems and order management in-house. TradersYard said that setup helps it manage execution and payouts directly.
Mattus said the firm’s appeal was its focus on building its own tools rather than relying on outside technology. Andromeda is also TradersYard’s majority owner, according to the company.
Industry Pressure Around Instant Funding
The TradersYard funding round comes as the prop trading sector faces pressure. Finance Magnates reported that at least 50 prop firms shut down over the past year. Moreover, industry data cited by the publication showed nearly one-third of firms disappeared in less than two years.
At the same time, TradersYard has continued to add products. In January, it launched futures-specific challenges. Sonnleithner said forex-style rules can confuse futures traders.
The company also said it offers simulated challenges with funded accounts that scale to $300,000. In addition, it said reward splits start at 100% on the first $300 of each payout. Those figures, like the size of the TradersYard funding round, were provided by the company.
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