Abdelaziz Fathi
Senior Reporter, Brokers and Prop Firms
Abdelaziz Fathi covers the intersection of forex/CFD brokerage, regulation, liquidity, fintech, and digital assets. With a B.A. in Finance and hands-on industry exposure, Aziz blends analytical rigor with clear storytelling to make complex market structure understandable for traders, brokers, and fintech professionals.
August 2026
Prop Number One review: a daily loss limit with two definitions
The firm's own rules give two incompatible definitions of its 4% daily loss limit, and the advertised "Just 4 Rules" omit a consistency rule and a 15% withdrawal cap.
Capesize rates lead the Baltic Dry Index to 3,400 by October
The Baltic Dry Index closed at 2,844 on August 13, 2026, up 39.5% year on year. Capesize tonne-miles carry the case for 3,400 by October 31, 2026.
Peak Capital Trading review: a $2,995 bootcamp, not a prop firm
Peak Capital Trading sells a 13-week Vancouver mentorship course for $2,995.
Hantec Trader review: the regulated broker is a separate entity
Hantec Trader is the funded-account arm of a broker group with a real FCA permission.
FX2 Funding review: withdrawing all profit forfeits the account
FX2 Funding offers no time limit, no minimum trading days and no consistency rule.
Darwinex Zero review: the track record model instead of a challenge
Darwinex Zero replaces the challenge with a subscription and an audited track record.
USD/JPY to 163.50 by September 30: intervention’s half-life
USD/JPY is 159.29 after the July 31 joint US-Japan intervention, retracing at 0.34 yen a session. Base case 163.50 by September 30, 2026; bear case 153.50.
FundYourFX review: the 25% payout rule behind instant funding
FundYourFX advertises no consistency rule and a static drawdown.
Nickel to $15,000 by year-end 2026: the ore-versus-metal gap
LME nickel is $16,840/t despite Indonesia's one-third ore-quota cut. With 264,744 tonnes still in LME sheds, the base case is $15,000/t by year-end 2026.
Traders Launch review: no trailing drawdown, but a 40% rule
Traders Launch drops the intraday trailing drawdown its rivals rely on and publishes no daily loss limit.
FundedElite review: the contract and the FAQ disagree
The word “drawdown” appears zero times in FundedElite’s binding Terms and Conditions.
SFX Funded review: the 100% profit split is not in the catalogue
SFX Funded advertises an 85-100% profit split. Its own live product catalogue sets every plan at 80%, sells 90% as a paid add-on, and contains no 100% option anywhere.
Aluminium to $3,600 by Q4 2026: the warrant-scarcity case
LME aluminium settled at $3,327.50 on August 10 with exchange stocks at a 1998 low. Why the base case is $3,600 by Q4 2026 - and what breaks it.
KortanaFX review: two years paused, and the refund page is gone
KortanaFX has carried a “temporarily paused” notice since at least January 2026 and has not posted to its 13,300-subscriber Telegram channel since 22 July 2024.
USD/CNH to 6.65 by year-end: the fixing-gap case
USD/CNH reaches 6.6500 by December 31, 2026 in the base case, 6.5200 in the bull case and 6.9200 in the bear case.
Also filing this week: Rick Steves and Karthik Subramanian.