April 2025 marked the official launch of The Prop Association (TPA) — an independent self-regulatory body created to promote transparency, accountability, and fairness in the proprietary trading industry. At a time of rapid growth and increasing scrutiny, TPA positions itself as a unifying force for a fragmented sector.
According to CEO Jordan Schneir, “Prop trading has evolved quickly, but governance and accountability have not kept pace. We created TPA to give the industry the self-organizing framework it needs — one that protects traders, supports credible firms, and strengthens the long-term legitimacy of this fast-growing space.”
What TPA Offers
TPA has launched with three core services:
- TPA Dispute Resolution – A neutral, professional process for resolving trader–firm conflicts outside of social media.
- TPA Certification – Voluntary compliance standards for firms to build credibility and foster trust.
- TPA Intelligence – A hub for trader education, research, and verified firm reviews.
The association is supported by an External Advisory Board with experts from fintech, law, and institutional trading. Its Core Team combines experience from brokerage, trading education, and technology, with further input from the newly formed Members Council.
Blueberry Funded Joins as Inaugural Member
Blueberry Funded, a prop trading firm under the Blueberry Markets Group and led by General Manager Marcus Fetherston, has joined as the first official member firm. Backed by an award-winning broker, the firm offers traders up to $400,000 in simulated capital, scalable to $2 million, along with a profit share of up to 90%.
In a statement, Blueberry said:
“We’ve chosen to join the Prop Association because we believe the industry is at a critical inflection point… The association’s role as an external dispute resolution provider gives traders a fair and transparent avenue to have their concerns heard — something that’s been sorely lacking.”
Fetherston was appointed as the first executive representative from a member firm within the association, reflecting Blueberry’s direct involvement in shaping TPA’s direction.
What’s Next?
TPA’s early efforts focus on:
- Launching its dispute resolution infrastructure
- Publishing certification principles
- Growing its network of member firms and council representatives
As Schneir emphasizes:
“Industry reform doesn’t require regulation — it requires leadership. The Prop Association is a platform for firms and traders who care about the long game.”
For more, visit The Prop Association
In April 2025, The Prop Association officially launched to bring structure and self-regulation to the fast-growing proprietary trading industry. With services like dispute resolution, firm certification, and trader education, TPA aims to promote trust and long-term sustainability for both firms and traders.
