The Funded Trader: Closed since Aug 2025
The Funded Trader was a large forex/CFD prop firm launched in 2021. It halted payouts and paused all operations in March 2024 during a platform migration and the MetaQuotes licensing crackdown, then resurfaced in August 2024 with partial catch-up payouts. It kept selling challenges into mid-2025, but its founder says he left in August 2025 after the firm lost its platform licence, and all official websites have been offline since. Treat the brand as defunct.
Key facts
- Status
- Closed
- Founded
- Apr 2021
- Stopped trading
- Aug 2025
- Former website
- thefundedtraderprogram.com
- Trustpilot
- 2.9 · 21,934 reviews
What happened: timeline
| Date | Event | Source |
|---|---|---|
| Apr 2021 | Firm launched (founder's own timeline) | alwaysloading.net |
| Mar 2024 | Payouts halted for an internal audit during a platform migration | fxnewsgroup.com |
| 28 Mar 2024 | All operations paused, website replaced by a countdown | fxnewsgroup.com |
| 18 Apr 2024 | Traders reported account closures after the relaunch | financefeeds.com |
| 21 Aug 2024 | Firm resurfaced about five months after the pause, with partial catch-up payouts (30% of trader payouts, 55% of affiliate payouts) | financemagnates.com |
| 22 Jul 2025 | Last post on the official Telegram channel, asking for strategic investors | t.me |
| Aug 2025 | Founder states he left the firm after its platform licence was pulled through the brokerage chain | alwaysloading.net |
| 29 Sep 2026 | All official sites (main, dashboard, help centre) offline or showing a paused-deployment page | thefundedtraderprogram.com |
What about trader payouts?
After the 2024 pause the firm reported paying about 30% of outstanding trader payouts; 2026 Trustpilot reviews complain about lost account access after an August 2025 platform change and unpaid withdrawals.
If you are owed money by a closed firm, keep your account statements, payout requests and correspondence, check whether the firm's terms name a legal entity and jurisdiction, and follow official announcements rather than third-party “recovery” services, which are a common scam.
Active alternatives to The Funded Trader
| # | Firm | Score | From | Per $10K | Payouts | |
|---|---|---|---|---|---|---|
| 1 |  The5ers | 4.4 | $22 | $65.80 | Bi-weekly | Visit |
| 2 |  FundedNext | 4.3 | $32.99 | $65.99 | Weekly | Visit |
| 3 |  FTMO | 4.3 | €79 | €72.40 | Bi-weekly | Visit |
| 4 |  FundingPips | 4.2 | $33 | $69.80 | Weekly | Visit |
| 5 |  Fintokei | 4.2 | $44 | $72 | Bi-weekly | Visit |
| 6 |  Hola Prime | 4.1 | $39 | $71.60 | Bi-weekly | Visit |
| 7 |  Funded Trading Plus | 4.1 | $4 | $69.80 | Daily | Visit |
| 8 |  Ment Funding | 4.0 | $250 | $86 | Daily | Visit |
Active forex firms without open warnings, ranked by our score. See also the most established prop firms and how to check a firm before you pay.
FAQ
Is The Funded Trader still operating?
No. As of September 29, 2026 its status in our records is: closed (since Aug 2025). The Funded Trader was a large forex/CFD prop firm launched in 2021.
Did The Funded Trader pay its traders?
After the 2024 pause the firm reported paying about 30% of outstanding trader payouts; 2026 Trustpilot reviews complain about lost account access after an August 2025 platform change and unpaid withdrawals.
What are the best alternatives to The Funded Trader?
Active forex firms with the highest scores in our data: The5ers, FundedNext, FTMO.
Sources
- thefundedtraderprogram.com: site status (offline)
- www.alwaysloading.net/: founder timeline and licence statement
- fxnewsgroup.com/forex-news/retail-forex/prop-firm-the-funded-trader-halts-operat: March 2024 pause
- financefeeds.com/the-funded-trader-is-back-traders-report-account-closures/: April 2024 account closures
- www.financemagnates.com/forex/prop-trading-the-funded-trader-resurfaces-five-mon: August 2024 return and partial payouts
- financefeeds.com/the-funded-traders-founder-shut-his-futures-prop-firm-and-moved: founder leaving the prop sector (Aug 2026)
- t.me/s/thefundedtraderprogram: last official channel activity
- www.trustpilot.com/review/thefundedtraderprogram.com: rating and recent complaints
Checked September 29, 2026. Found newer information? Tell us. See all closed prop firms.