Independent Prop Trading Analysis & Research Desk

Hidden contract rules, risk analyses, and verified evidence archive for prop firms.

Internal simulation models, official rule changes, liquidity and regulatory analyses. Data and evidence-driven investigation dossiers prepared by our independent research desk in one central hub.

01 1. Claim and Evidence Distinction

User submissions are strictly separated from official contract clauses. Allegations lacking diff proof or official documents are never treated as findings.

02 2. Right of Reply & Rebuttal

Subject firms are provided an official response space in research files; statements are indexed with timestamps.

03 3. Transparent Correction Protocol

Reports are updated with public revision logs whenever verified rule changes or substantiated corrections occur.

LIVE INTEL WIRE 10:31:00 UTC+3
500+ Records · 95 Firm · %100 Diff Proof
Institutional Incident & Contract Wire Auto-dropping alerts from official desks and ToS changes
October 14, 2026 · 10:31 UTC+3
DNA Funded
dnafunded.com @DNAFunded CFD · FIELD ALERT NEW WIRE

DNA Funded: Mandatory MT5 Server Migration & Position Liquidation

Official notice requires MT5 accounts to migrate to TradeLocker immediately. All open positions must be closed prior to the migration window.

OFFICIAL SYSTEM NOTICE:
"Notice: MT5 accounts are migrating to TradeLocker (impacted clients notified directly). All other trading remains unaffected. New orders are currently paused."
TRADER RISK & ACCOUNT IMPACT:

Automated EAs and indicators built for MT5 are disrupted, and challenge onboarding is halted during migration.

October 12, 2026 · 14:00 UTC+3
My Forex Funds
@MyForexFunds Charges Dismissed %18.2 Risk

My Forex Funds: November 23, 2026 Relaunch, CFTC Dismissal & Dubai Transfer

Following dismissed CFTC charges, MFF's Nov 23, 2026 relaunch schedule, Dubai transfer, and lottery balance return terms are documented. Virtual balance definition vs payout risks analyzed.

TRADER RISK & ACCOUNT IMPACT:

Legacy MFF claim tickets are verified manually. Duplicate submissions or mismatched account numbers will indefinitely delay virtual balance restoration.

October 14, 2026 · 10:34 UTC+3
Atmos Funded
atmosfunded.com @AtmosFunded CFD · FIELD ALERT Rule 9 Restriction

Atmos Funded: Anti-Gambling Policy Penalizes Tick Scalping with Profit Removal (Rule 9)

Rule 9 of the guidelines (Anti-Gambling Policy) prohibits rapid reversals and execution flooding on the same instrument, decreeing profit removal.

RULE 9 (ANTI-GAMBLING POLICY):
"Atmos promotes safe, disciplined, and responsible trading. The Anti-Gambling Policy exists to discourage trading behaviors that resemble gambling more than structured trading — such as excessive risk-taking, impulsive position reversals, and patterns that bypass proper risk management. Prohibited practices: One-sided bets, Chasing price (rapid position reversals on the same instrument within a short time window), Aggressive averaging, Martingale, Tick scalping, Grid trading, Hyperactivity / Execution flooding... Violations of the Anti-Gambling Policy may result in profit removal, account suspension, or breach, depending on severity."
TRADER RISK & ACCOUNT IMPACT:

Traders executing rapid scalps or swift reversals face arbitrary profit forfeiture and account breaches under broad anti-gambling clauses.

October 14, 2026 · 10:37 UTC+3
RebelsFunding
rebelsfunding.com @RebelsFunding CFD · FIELD ALERT Clause 1.9.5 Denial

RebelsFunding: Passing Evaluation Grants No Automatic Payout: Unilateral Termination & Denial Clause

Clauses 1.9.5 and 1.9.6 of terms state passing evaluation creates no automatic right to payouts, reserving discretionary authority to deny or terminate rewards.

TERMS CLAUSE 1.9.5 & 1.9.6:
"1.9.5 Successful completion of an RF program, phase or Evaluation does not create an automatic, guaranteed or unconditional entitlement to an RCF Account, RCF contract, payout, live account, employment, partnership, investment service or any other regulated financial service. The Customer may only be considered for a further assessment. 1.9.6 The Provider may conduct or repeat identity verification, KYC, AML... If the Customer does not complete the review, does not provide the required information or the Provider assesses the risk as unacceptable, the Provider may refuse, suspend or terminate the registration, order, service, further phase, RCF onboarding or reward."
TRADER RISK & ACCOUNT IMPACT:

Even with full rule compliance, the firm claims unilateral legal authority to withhold, suspend, or terminate payouts based on internal risk assessments.

October 14, 2026 · 11:15 UTC+3
Prop Firm Match
propfirmmatch.com @PropFirmMatch $50 Liability %14.9 Risk

Prop Firm Match: Dubai FZCO, 10%-20% Commission & $50 Liability Cap (Sections 11 & 7)

In Section 11 of Prop Firm Match Terms, total cumulative liability to any user is capped at $50 USD. Section 7 discloses affiliate commissions earned on listed challenge sales.

CONTRACT SECTIONS 11 & 7:
"11. Limitation of Liability: In jurisdictions where limitations of liability are permitted, our total cumulative liability to any user for all claims arising out of or relating to the use of the platform shall not exceed USD $50... 7. Commercial Disclosure: We participate in affiliate programs with certain proprietary trading firms listed on the Platform. This means we may earn a commission when a user purchases a prop firm challenge through a link or code..."
TRADER RISK & ACCOUNT IMPACT:

If a listed prop firm collapses or refuses payouts, any contractual claim against the comparison directory is legally capped at just $50 USD.

October 14, 2026 · 10:39 UTC+3
Ylos Trading
ylostrading.com @YlosTrading CFD · FIELD ALERT Unilateral Termination

Ylos Trading: Unilateral Account Deletion and Termination Without Notice (Term and Termination)

The Term and Termination section of Ylos Trading terms states the firm reserves the right in its sole discretion, without notice or liability, to deny access for any reason or no reason at all and delete user profiles without warning.

CONTRACT TERMINATION SECTION (TERM AND TERMINATION):
"WITHOUT LIMITING ANY OTHER PROVISION OF THIS AGREEMENT, COMPANY RESERVES THE RIGHT TO, IN COMPANY'S SOLE DISCRETION AND WITHOUT NOTICE OR LIABILITY, DENY ACCESS TO AND USE OF THE SITES AND THE COMPANY SERVICES, TO ANY PERSON FOR ANY REASON OR FOR NO REASON AT ALL, INCLUDING WITHOUT LIMITATION FOR BREACH OF ANY REPRESENTATION, WARRANTY OR COVENANT CONTAINED IN THIS AGREEMENT... DELETE YOUR PROFILE AND ANY CONTENT OR INFORMATION THAT YOU HAVE POSTED AT ANY TIME, WITHOUT WARNING, IN COMPANY'S SOLE DISCRETION."
TRADER RISK & ACCOUNT IMPACT:

The firm legally claims the right to delete your profile and cut access at any time without warning or justification, invalidating account claims.

October 10, 2026 · 09:30 UTC+3
Klein Funding
kleinfunding.com @KleinFunding 50-Sec Rule %22.0 Risk

Klein Funding: Bybit Demo Environment, 50-Sec Rule & Clause 80 Terms

Bybit demo accounts wiping profits for trades closed under 50 seconds and unilateral termination under Clause 80 verified via diff analysis.

CONTRACT SECTION 80 & BYBIT 50S RULE:
"All positions on the Bybit platform must remain open for at least 50 seconds before closure. Closing a trade under 50 seconds is classified as a direct rule breach... Section 80: Klein Funding reserves the absolute right to cancel accounts and declare void any profits accrued prior to KYC completion."
TRADER RISK & ACCOUNT IMPACT:

Profits from fast scalping on Bybit demo accounts are voided, and delayed KYC verification triggers discretionary termination under Section 80.

October 9, 2026 · 15:45 UTC+3
STRAT Protocol
stratprotocol.com @StratProtocol Contract Restriction %48.5 Risk

STRAT Protocol: ToS Clause 1.2 Turkey Ban, Account Termination on Payout

Documented evidence showing Turkish trader accounts closed upon payout requests under ToS Clause 1.2 despite permitting registration.

TERMS OF SERVICE SECTION 1.2:
"Access to the Platform, evaluation challenges, and funded rewards is strictly prohibited for residents or citizens of Turkey, Iran, North Korea, Syria, Cuba, and Russian Federation. Any user registered from a prohibited jurisdiction will have their account immediately terminated and payout forfeit."
TRADER RISK & ACCOUNT IMPACT:

Registrations and challenge phases are allowed for Turkish residents, but payout requests trigger automated liquidation under Section 1.2.

October 8, 2026 · 11:20 UTC+3
Ferm
ferm.trade @FermTrade 1.20% Loss Cap %38.2 Risk

Ferm: Clause 6.8 Per-Trade-Idea Live Risk Limit & Stepped Payouts

Verified rule diff documenting instant liquidation if total risk across a single trade idea exceeds 1.20%.

RULE 6.8 (PER-TRADE-IDEA LIMIT):
"The cumulative risk across all open and pending positions belonging to a single trading idea or correlated currency cluster must not exceed 1.20% of the initial account balance at any moment. Exceeding this threshold executes automatic account liquidation."
TRADER RISK & ACCOUNT IMPACT:

When cumulative risk across correlated pairs (e.g. concurrent EURUSD and GBPUSD) exceeds 1.20%, accounts face automated hard liquidation.

October 7, 2026 · 16:10 UTC+3
Upscale Trade
upscaletrade.com @UpscaleTrade CBR Blacklist %44.0 Risk

Upscale Trade: Central Bank of Russia Warning, Dubai Entity & 60-Sec Rule

Upscale Trade flagged on Central Bank of Russia blacklist; Dubai operations and sub-60 second scalping penalties documented.

CBR BLACKLIST & RULE 4.3:
"Bank of Russia Warning List (Register No. 77-2024): Identified signs of illegal financial market activity. Rule 4.3: Positions closed in less than 60 seconds are strictly prohibited; profits will be forfeited without fee refund."
TRADER RISK & ACCOUNT IMPACT:

The Dubai operation of this CBR warning-listed firm enforces complete profit removal on trades under 60 seconds with no fee refunds.

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Explore verified websites, official X handles, screenshot evidence and historical rule diffs across 38 prop firms and 95 tracked platforms.

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Research Desk & Field Reports

Live Archive
New Research October 12, 2026 PRP-DOS-MFF-2026 · Research Desk
My Forex Funds

My Forex Funds: November 23, 2026 Relaunch, CFTC Dismissal & Dubai Transfer

Topping up demo server balances takes a single click, but paying out trader profits is an entirely different story. Following the CFTC dismissal, MFF Nov 23 relaunch schedule, Dubai transfer, and lottery account restoration terms audited.

TOS Git-Diff 169 Records

Contract Rule Diff Radar

Compare overnight rule changes word-for-word in side-by-side columns.

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Transparent Formula 20 Firms

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Transparent solvency ranking calculated via 5 risk vectors and 90-day rule volatility.

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Client-Side Simulator CSV Audit

Violation Defense Auditor

Replay your trade logs against official prop rules (Apex, Topstep, FTMO) to generate consistency defense reports.

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New Research October 10, 2026
PRP-DOS-PFM-2026
Prop Firm Match

Prop Firm Match: Dubai FZCO Structure, 10-20% Commissions & $50 Liability Cap

The Dubai Free Zone entity, 10-20% challenge commissions, Section 11 $50 legal liability ceiling, and exposed AWS microservice of the prop rating marketplace examined.

New Research October 11, 2026, 14:00 TRT
STRAT Protocol

STRAT Protocol: Initia Rollup, On-Chain Prop Model & Contract Terms

On the decentralized prop platform running on the Initia blockchain; terms of service residency restrictions for Turkey, the rule closing funded accounts upon withdrawal and overnight leverage reductions examined.

Read Report →
New Research October 8, 2026
Klein Funding

Klein Funding: The Bybit Demo Illusion, Corporate Structure and the 50-Second Rule

The four-country corporate footprint, the rule invalidating trades under 50 seconds, and the 4% profit withdrawal threshold on the platform routing orders via Bybit demo accounts examined.

Kritik Risk · FILE: PRP-DOS-KLEIN-2026
New Research October 10, 2026
Ferm

Ferm: Protocol Architecture & Risk Audit

Offshore corporate ties, synthetic trade execution on Hyperliquid, artificial order routing latency, and the 1.20% per-trade live risk ceiling examined.

High Risk · FILE: PRP-DOS-FERM-2026
New Research October 8, 2026
Upscale Trade

Upscale Trade: Telegram Prop Architecture & Trading Rules

The Dubai operational desk, Central Bank of Russia blacklist notice, and the rule forfeiting profitable trades closed in under 60 seconds on the Telegram-based prop platform examined.

Critical Risk · FILE: PRP-DOS-UPSCALE-2026
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