What Happened to The Funded Trader?
The Funded Trader is closed down as of about Aug 2025, after launching in Apr 2021. The Funded Trader, a large forex/CFD prop firm launched in 2021, is defunct, and all its official websites are offline. In March and April 2024 it stopped payouts and paused all operations, amid a platform migration and the MetaQuotes licensing crackdown. It came back in August 2024 with partial catch-up payouts. In July 2025 its technology supplier FPFX sued the firm and Easton Consulting Technologies over unpaid fees. The founder says he left in August 2025, after the firm lost its platform licence. No official closure notice was published; the official sites have been offline since then.
The Funded Trader at a glance
- Current status
- Closed down
- Launched
- Apr 2021
- Ceased trading
- about Aug 2025no official closure notice; dated from the founder's exit and the sites going offline
- Old website
- thefundedtraderprogram.com
- Trustpilot
- 2.9 · 21,934 reviews
The Funded Trader timeline
| When | What happened | Source |
|---|---|---|
| Apr 2021 | Launch, per the founder's own timeline | alwaysloading.net |
| Mar 2024 | Payouts stop for an internal audit while the firm migrates platforms | fxnewsgroup.com |
| 28 Mar 2024 | Every operation is paused and the website turns into a countdown | fxnewsgroup.com |
| 18 Apr 2024 | The website shows a 21-day relaunch countdown, but no relaunch follows; traders report account closure notices | financefeeds.com |
| 21 Aug 2024 | About five months after the pause, the firm returns with partial catch-up payouts: 30% of trader payouts and 55% of affiliate payouts | financemagnates.com |
| Jul 2025 | FPFX Technologies sues the firm and Easton Consulting Technologies over more than $184,000 in unpaid fees and an alleged exclusivity breach (as reported by Finance Magnates) | coinspectator.com |
| 22 Jul 2025 | Final post on the official Telegram channel, a call for strategic investors | t.me |
| Aug 2025 | The founder says he left after the firm's platform licence was withdrawn through the brokerage chain | alwaysloading.net |
| 29 Sep 2026 | Every official site (main, dashboard, help centre) is offline or shows a paused-deployment page | thefundedtraderprogram.com |
Were traders paid?
Once the 2024 pause ended, the firm said it had processed about 30% of trader payouts and 55% of affiliate payouts. Trustpilot reviews from 2026 describe unpaid withdrawals and accounts that became unreachable after an August 2025 platform change.
Still waiting on money from a closed firm? Save your account statements, payout requests and every message. Look up the legal entity and jurisdiction named in its terms, and rely on official announcements. Third-party “fund recovery” services are a frequent scam.
Live firms to use instead of The Funded Trader
| # | Firm | Score | From | Per $10K | Payouts | |
|---|---|---|---|---|---|---|
| 1 |  FundingPips | 4.5 | $33 | $69.80 | Weekly | Go to site |
| 2 |  FundedNext | 4.4 | $32.99 | $65.99 | On request | Go to site |
| 3 |  The5ers | 4.3 | $22 | $65.80 | Every 14 days | Go to site |
| 4 |  Finotive Funding | 4.3 | $25 | $96.90 | Weekly | Go to site |
| 5 |  Equity Edge | 4.2 | $15 | $57.40 | Every 14 days | Go to site |
| 6 |  Atmos Funded | 4.1 | $28 | $56.70 | On request after 7 profitable days | Go to site |
| 7 |  Hola Prime | 4.1 | $39 | $77.40 | Every 14 days | Go to site |
| 8 |  FXIFY | 4.1 | $19 | $75.80 | Every 10 days | Go to site |
Operating forex firms with no open warnings, sorted by our score. You may also want our list of long-established prop firms and our guide to vetting a firm before paying.
The Funded Trader: common questions
Is The Funded Trader still in business?
No. Our records list it as closed down since about Aug 2025, checked on October 5, 2026. The Funded Trader, a large forex/CFD prop firm launched in 2021, is defunct, and all its official websites are offline.
Were The Funded Trader traders paid?
Once the 2024 pause ended, the firm said it had processed about 30% of trader payouts and 55% of affiliate payouts. Trustpilot reviews from 2026 describe unpaid withdrawals and accounts that became unreachable after an August 2025 platform change.
Which firms are good alternatives to The Funded Trader?
The top-scoring live forex firms in our data are FundingPips, FundedNext, The5ers.
Where the facts come from
- thefundedtraderprogram.com: site status: offline
- alwaysloading.net: the founder's timeline and his statement on the licence
- fxnewsgroup.com: the pause of March 2024
- financefeeds.com: the relaunch countdown and account closures in April 2024
- financemagnates.com: the August 2024 comeback and partial payouts
- coinspectator.com: the July 2025 FPFX lawsuit (Finance Magnates report, republished)
- financefeeds.com: the founder's exit from the prop sector (Aug 2026)
- t.me: the last activity on an official channel
- trustpilot.com: recent complaints and the rating
Last reviewed October 5, 2026. Have more recent news? Let us know. Browse the full list of prop firms that closed.