The Trading Pit Launches Seychelles-Regulated CFD Brokerage in Limited Rollout

Prop trading firm The Trading Pit has added a regulated brokerage arm, TTP Markets, under a Seychelles licence, becoming the latest company in the space to move into CFD brokerage. The rollout is deliberately limited, with the firm onboarding a small number of selected retail and corporate prop traders from its existing community. According to the company, the launch is not intended as a broad push into retail brokerage but rather as a test of the regulatory infrastructure it needs for long-term international expansion.

Founder and industry veteran Illimar Mattus said the move reflects his conviction that sustainable growth depends on building the right foundations early. "Establishing TTP Markets allows us to shape our own regulatory path and prepare the business for the next phase of global development," he said. Group CEO Daniela Egli echoed that view, describing the brokerage as a way to expand in a controlled and responsible manner. "By taking a phased approach and prioritizing governance, we are ensuring that future growth is both scalable and compliant across jurisdictions," she said.

The launch follows a wave of similar moves across the industry. FTMO acquired OANDA in December 2025, while the founders of The5ers launched TSG, a CySEC-licensed brokerage, around the same time. TTT Markets also entered the CFD brokerage business in January 2026, operating on MetaTrader 5 and proprietary technology. The Trading Pit's choice of Seychelles puts it between established European regulatory frameworks and lighter-touch offshore jurisdictions. The Seychelles Financial Services Authority, established in 2013, requires brokers to maintain local offices and appoint qualified directors.

Offshore licensing has also become a route to direct MetaTrader access, particularly after MetaQuotes tightened its licensing policies for prop firms. FundedNext sought licences in Dubai and Mauritius while initially operating under a Comoros licence, and City Traders Imperium established a Comoros entity to launch in-house MT5 capabilities.

TTP Markets is expected to expand "as new products and services are rolled out for prop traders," indicating it will not operate as a standalone retail business in the near term. The Trading Pit runs simulated trading challenges across futures, CFDs, stocks and crypto, and has previously integrated cTrader for its Prime CFDs challenges with liquidity from Tickmill. Headquartered in Liechtenstein, with offices in Spain and Cyprus, the firm says it plans to extend regulatory coverage into additional jurisdictions over time. It offers profit shares of up to 80% on simulated trading performance and operates in more than 160 countries with partnerships across multiple institutional liquidity providers.