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Closed and inactive prop firms

“Total amount unknown” indicates missing data. Fees collected, previously paid payouts, rejected withdrawals and verified user claims are not the same thing.

Forex / CFD

BluFX

Closed
Closure / pause
March 1, 2023
Known amount
Total user debt is not publicly disclosed
Evidence level
Medium
Data type
Total amount unknown

Reason: Accounts and service were closed; the FCA warned that the firm was unauthorised in the UK.

Secondary records indicate that accounts closed in March 2023. No audited total confirms whether promised payments were completed.

Sources: Source 1 · Source 2

Last checked: August 11, 2026

Forex / CFD

My Forex Funds

Status disputed
Closure / pause
September 1, 2023
Known amount
At least $310 million in alleged fees; this is not total debt
Evidence level
High
Data type
Alleged fees collected

Reason: Operations stopped after CFTC and OSC actions, followed by a lengthy asset and legal process.

The CFTC alleged at least $310 million in fees from more than 135,000 customers. Individual payout claims exist, but total unpaid debt has not been verified.

Sources: Source 1 · Source 2 · Source 3

Last checked: August 11, 2026

Forex / CFD

The Funded Trader

Operations paused
Closure / pause
March 28, 2024
Known amount
More than $2 million in withheld withdrawals reported by the company/CEO
Evidence level
Medium
Data type
Company-reported withheld withdrawals

Reason: Operations stopped after payout complaints, internal review and platform or operational problems.

Operations stopped in March 2024. The CEO said more than $2 million in withdrawals were rejected or withheld in the first two months of 2024; this is not automatically established debt.

Sources: Source 1

Last checked: August 11, 2026

Forex / CFD

Skilled Funded Trader

Operations paused
Closure / pause
March 28, 2024
Known amount
Total user debt is unknown
Evidence level
Low
Data type
Total amount unknown

Reason: Operations stopped during the same period as The Funded Trader amid operational and platform problems.

Industry archives record the shutdown, but no official audited total for user debt or payouts was found.

Sources: Source 1

Last checked: August 11, 2026

Forex / CFD

True Forex Funds

Closed
Closure / pause
May 13, 2024
Known amount
Estimated $1.2 million across approximately 300 traders
Evidence level
Medium
Data type
Estimated unpaid payout

Reason: The company lost access to the MetaQuotes platform and disclosed financial or liquidity problems.

The founder reported 300 pending payouts without a firm payment schedule. The $1.2 million figure is an industry estimate, not an audited balance sheet.

Sources: Source 1 · Source 2

Last checked: August 11, 2026

Forex / CFD

SurgeTrader

Closed
Closure / pause
May 24, 2024
Known amount
Individual X claim: $91,000; total debt unknown
Evidence level
Low
Data type
Individual user claims

Reason: Operations stopped after MetaQuotes and Match-Trader platform licence problems.

The company closed on May 24, 2024. One X user reported a $91,000 payout delay; this individual claim must not be read as total debt.

Sources: Source 1 · Source 2

Last checked: August 11, 2026

Forex / CFD

Funded Engineer

Closed
Closure / pause
July 15, 2024
Known amount
User debt unknown; the $2m+ allegation concerns inflated payout figures
Evidence level
Medium
Data type
Total amount unknown

Reason: Operations ended after the FPFX Technologies licensing case and subsequent bankruptcy filing.

Funded Engineer announced its closure and bankruptcy filing. Allegations that FPFX overstated payouts by more than $2 million do not establish user debt.

Sources: Source 1 · Source 2

Last checked: August 11, 2026

Forex / CFD

Indigo Trader Funding

Closed
Closure / pause
Date not established
Known amount
Total user debt is unknown
Evidence level
Medium
Data type
Total amount unknown

Reason: The company said the commercial venture failed and services would end.

The closure was confirmed by the company, but no audited public figure establishes the closure date or remaining user payouts.

Sources: Source 1

Last checked: August 11, 2026

Forex / CFD

Leveled Up Society

Closed
Closure / pause
Date not established
Known amount
Total user debt is unknown
Evidence level
Medium
Data type
Total amount unknown

Reason: Operations ended while traders were left uncertain about payout status.

The former site reported $1.9 million in total payouts; that is historical paid-out volume, not closure debt. Some traders reported uncertain payout status.

Sources: Source 1

Last checked: August 11, 2026

Forex / CFD

Karma Prop Traders

Acquired / migrated
Closure / pause
September 1, 2024
Known amount
Total user debt unknown; accounts moved to Sway
Evidence level
Medium
Data type
Total amount unknown

Reason: Operations stopped after liquidity problems and accounts were migrated through an acquisition by Sway Funded.

The founder mentioned liquidity problems. Sway Funded later announced an acquisition and migration of active accounts, so this entry separates transition from permanent loss.

Sources: Source 1 · Source 2 · Source 3

Last checked: August 11, 2026

Forex / CFD

Glow Node

Acquired / migrated
Closure / pause
August 10, 2024
Known amount
Total user debt unknown; pending payouts were reportedly to be transferred
Evidence level
High
Data type
Total amount unknown

Reason: Sway Funded acquired the firm and active accounts were moved to the new system.

This is an acquisition or migration event rather than a straightforward closure. The official site described the acquisition, halted sales and transfer of active accounts.

Sources: Source 1 · Source 2

Last checked: August 11, 2026

Forex / CFD

MyFlashFunding

Acquired / migrated
Closure / pause
July 1, 2024
Known amount
Total user debt unknown; approximately 5,000 traders migrated
Evidence level
Medium
Data type
Total amount unknown

Reason: Sway Funded acquired the firm and users were moved to the new system.

This is an acquisition and migration event rather than a permanent closure. Sway Funded describes the acquisition and user transition in its history.

Sources: Source 1

Last checked: August 11, 2026

Crypto

My Crypto Funding

Status disputed
Closure / pause
May 14, 2026
Known amount
Individual claims: $5,800, $7,352 and $10,825; total unknown
Evidence level
Medium
Data type
Individual user claims

Reason: Payout delays and restructuring claims were reported; the company says it has not closed and will pay payouts.

A third-party tracker reported operations stopping on May 14, 2026, while MCF says it has not closed. User reports include confirmed or pending payout delays, so the status remains disputed.

Sources: Source 1 · Source 2 · Source 3 · Source 4 · Source 5

Last checked: August 11, 2026

Forex / CFD

DeiFunded

Status disputed
Closure / pause
Date not established
Known amount
X claims: $4,000, $14,000 and $34,000; total unverified
Evidence level
Low
Data type
Individual user claims

Reason: User reports alleged bankruptcy, rejected payouts and unreachable support; independent closure evidence is limited.

No sufficient official closure document was found in public sources. Multiple users reported unpaid payouts, so this entry remains at claim or review level.

Sources: Source 1 · Source 2

Last checked: August 11, 2026

Forex / CFD

Cash Flow Funding

Status disputed
Closure / pause
Date not established
Known amount
Individual X claim: $13,000; total debt unknown
Evidence level
Low
Data type
Individual user claims

Reason: Website access problems and user reports alleged rejected payouts.

Public coverage is limited. One user reported a rejected $13,000 payout and account closure; total debt was not verified.

Sources: Source 1 · Source 2

Last checked: August 11, 2026

Forex / CFD

Funding Talent

Closed
Closure / pause
March 26, 2021
Known amount
User debt is not publicly disclosed
Evidence level
Medium
Data type
Total amount unknown

Reason: The business model and operations were affected after Nova Scotia Securities Commission proceedings; this entry records the regulatory context.

The NSSC published 2021 regulatory records concerning ForexTips101 Ltd., also known as Funding Talent, and related parties. This is not a finding of total debt or user claims.

Sources: Source 1

Last checked: August 12, 2026

Forex / CFD

Funds For Traders

Closed
Closure / pause
August 15, 2024
Known amount
User debt is not publicly disclosed
Evidence level
High
Data type
Total amount unknown

Reason: The company stopped operations after Eightcap ended MT4/MT5 support for prop firms.

Funds For Traders announced that operations stopped on August 15, 2024 after Eightcap ended its MT4/MT5 prop service. Active challenge holders were to be contacted; no audited total user debt was found.

Sources: Source 1 · Source 2

Last checked: August 12, 2026

Forex / CFD

Funded Friends

Acquired / migrated
Closure / pause
October 30, 2024
Known amount
User debt not publicly disclosed; brand transferred to TradingFunds
Evidence level
High
Data type
Total amount unknown

Reason: The independent brand entered an acquisition and integration process with TradingFunds.

TradingFunds announced the acquisition on October 30, 2024. This entry classifies the end of independent operations as an acquisition and integration, not a finding of user loss.

Sources: Source 1

Last checked: August 12, 2026

Forex / CFD

Ascetic Capital

Closed
Closure / pause
December 3, 2024
Known amount
Refunds and closure followed four sales; user debt not publicly disclosed
Evidence level
High
Data type
Total amount unknown

Reason: The firm closed after a short launch, low sales and an investment-contract issue; it announced customer refunds.

Ascetic Capital said it made only four sales about a week after its November 2024 launch and would end operations. It announced refunds, but no total user debt is inferred.

Sources: Source 1

Last checked: August 12, 2026

Forex / CFD

Smart Prop Trader

Closed
Closure / pause
December 29, 2024
Known amount
Refund and account-resolution plan announced; total user debt not publicly disclosed
Evidence level
High
Data type
Total amount unknown

Reason: A planned wind-down followed the halt of new trader intake and the closure of operations by December 29, 2024.

Smart Prop Trader stopped accepting new traders on November 27, 2024 and announced a support and resolution plan for existing accounts through December 29, 2024. Total user debt was not verified.

Sources: Source 1 · Source 2

Last checked: August 12, 2026

Forex / CFD

SeacrestFunded / MyFundedFX

Closed
Closure / pause
February 6, 2026
Known amount
Refund and final payout process announced; total user claims not publicly disclosed
Evidence level
High
Data type
Total amount unknown

Reason: Seacrest closed its prop division to focus on CFD brokerage; prop accounts and open positions were closed on February 6, 2026.

Seacrest Markets announced the end of its prop activity linked to MyFundedFX on February 6, 2026. Its help centre described account closure, refunds and final payout deadlines, separate from the continuing brokerage business.

Sources: Source 1 · Source 2

Last checked: August 12, 2026

Futures

FundingTicks

Closed
Closure / pause
January 18, 2026
Known amount
Refund or settlement plan announced; total user debt not publicly disclosed
Evidence level
Medium
Data type
Total amount unknown

Reason: A strategic wind-down followed retrospective rule changes and community backlash; new challenges and accounts were stopped.

FundingTicks moved into wind-down in January 2026 and stopped accepting new challenges. Sources describe refunds and account-based settlements, but no audited total unpaid payout was found.

Sources: Source 1 · Source 2

Last checked: August 12, 2026