This page is a research archive separate from user-created complaints. Its aim is to show closure dates, reasons, known amounts and source levels in one place.
“Total amount unknown” indicates missing data. Fees collected, previously paid payouts, rejected withdrawals and verified user claims are not the same thing.
B 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
MForex / 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
TForex / 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
SForex / 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
TForex / 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
S 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
FForex / 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
IForex / 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
LForex / 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
KForex / 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
G 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
MForex / 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
M 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
- 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
CForex / 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
FForex / 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
FForex / 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
FForex / 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
AForex / 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
SForex / 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
SForex / 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
- 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