AI Wave Reaches Prop Firms as FundedNext Launches MCP Server

Wait 5 sec.

Prop trading firmFundedNext has launched a Model Context Protocol server that allows traders toconnect their FundedNext accounts with AI assistants, including Claude,ChatGPT, Gemini, and other MCP-compatible tools.While several retailbrokers have recently launched MCP integrations, FundedNext appears to be thefirst prop trading firm to introduce the technology. In recent weeks, brokersincluding Dukascopy and ThinkMarketshave introduced MCP servers that allow AI assistants such as ChatGPT andClaude to interact with trading accounts, while Leveratelaunched an MCP server for brokers' operational systems. Unlike some ofthose implementations, FundedNext's integration provides read-only access toaccount information and cannot execute trades or modify account settings.FundedNext Enables Read-Only AI AccountAccessAccording to thecompany, the integration can be completed in under two minutes. Once connected,traders can ask the AI assistant about their FundedNext accounts using liveaccount data.The integrationprovides read-only access to account information. Traders can use AI assistantsto check account details, payouts, trading performance, and applicable tradingrules. The company said the AI cannot execute trades, modify accounts, or changeuser settings. The service is available free of charge for all traders.OAuth Authentication Secures AIIntegrationThe integration usesthe Streamable HTTP transport protocol and requires users to authenticatethrough FundedNext using OAuth 2.0. The company said users sign in throughtheir FundedNext accounts and that passwords are not shared with the AIassistant.Model Context Protocolis an open standard that enables AI assistants to connect securely withexternal applications and data sources. FundedNext said its implementationgives compatible AI tools access to live account information while preventingthem from making changes to user accounts.FundedNext Relaunched US Services onMatch-TraderThe MCP launch comes as FundedNextcontinues to expand its business across new products and markets. The company returnedto the US CFD prop trading market last year after suspending servicesfollowing MetaQuotes' restrictions on prop firms using MetaTrader. The relaunch came about six months afterthe company introduced its FundedNext Futures brand in the US. Unlike itsprevious offering, the renewed CFD prop service uses the Match-Trader platform.FundedNext has also expanded beyond prop trading by launching a CFD brokerageand pursuing regulatory licences in several jurisdictions.This article was written by Tareq Sikder at www.financemagnates.com.