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Closed, flagged and watched prop firms

Prop firms fail more often than the sector likes to admit, and a closure is rarely announced in advance. This page tracks the firms in our database that have shut down, that carry documented abusive practices, or whose recent signals warrant caution. Their profiles stay online: a trader who paid for a challenge at a firm that disappeared deserves a factual account of what happened, not a deleted page.

Red "Sorry we're closed" sign hanging behind a shop window

Under watch

Firms showing credible negative signals. Their score is capped at 59 out of 100 for as long as the status holds.

  • AquaFunded

    AquaFunded

    Forex / CFD · founded 2023

    Checked on 28 August 2026: the Trustpilot rating is unavailable following a breach of the platform’s guidelines, and Trustpilot states it removed fake reviews. 37% of the 1,194 reviews are one star, with recurring complaints about account closures and refused payouts. The firm remains operational and is still selling challenges.

    • Trustpilot rating suspended by the platform over fake reviews. The firm also publishes no fixed price grid.
    View profile →
  • Audacity Capital

    Audacity Capital

    Forex / CFD · founded 2012

    Trustpilot rating suspended in 2026 (“rating unavailable due to a breach of our guidelines”, fake reviews removed, 27% one-star reviews out of 265) alongside recurring trader complaints about payouts refused over disputed daily drawdown breaches. The firm remains operational and is still selling challenges.

    View profile →
  • For Traders

    For Traders

    Forex / CFD · Crypto · Futures · founded 2023

    Flagged as “warning” on 28 August 2026: the Trustpilot rating for fortraders.com is suspended by Trustpilot for breaching the platform’s guidelines, and Trustpilot states it removed fake reviews. 19% of the 1,722 reviews are one star, with reports of late payouts and disputed account closures.

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  • FundedElite

    FundedElite

    Forex / CFD · founded 2023

    Trustpilot rating unavailable in August 2026: the platform reports a breach of its guidelines and the removal of fake reviews among the 735 published reviews. No major payout incident is documented elsewhere, and the firm is operating normally.

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  • Instant Funding

    Instant Funding

    Forex / CFD · founded 2021

    Trustpilot removed the overall rating from the instantfunding.com profile for breaching its guidelines, with fake reviews deleted: as of 28 August 2026 the profile shows 4,378 reviews but no score, 27% of them at one star. Refused payouts and disputed account closures (VPN/VPS disputes) are documented by several industry sources. The firm remains fully operational and acquired Funded Trading Plus in May 2026.

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  • OFP Funding

    OFP Funding

    Forex / CFD · Crypto

    Flagged as “warning” on 28 August 2026: the Trustpilot rating for ofpfunding.com is suspended by Trustpilot for breaching the platform’s guidelines, which states it removed fake reviews; 36% of the 4,377 reviews are one star. The official site could not be accessed (HTTP 403) and third-party sources contradict each other on the head office, founding year, account sizes and overall drawdown: this data needs manual verification.

    • Trustpilot rating suspended by the platform for a rules breach, with fake reviews removed. Of the 4,377 published reviews, 36 % are one star — a highly unusual proportion.
    • Neither the founding year, the registered office nor the leadership are publicly identifiable, and the official site blocks all automated access to its pricing.
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  • The Trading Pit

    The Trading Pit

    Forex / CFD · Futures · Stocks · founded 2021

    Trustpilot rating suspended in 2026 for breaching the platform’s guidelines after fake reviews were removed (1,047 reviews, 22% at one star), a wave of accounts invalidated for “shared IP address” in March and April 2026, and blacklisting by several independent review sites over refused payouts. The firm continues to operate normally.

    • Trustpilot rating suspended by the platform for a rules breach, after fake reviews were removed. The profile shows 1,047 reviews, 22 % of them one star, with no overall score.
    • Blacklisted by several independent review sites in 2025 and 2026 over refused payouts justified by risk-management rule violations.
    • Wave of complaints in March and April 2026 after several accounts were invalidated simultaneously on "shared IP address" grounds, a reason disputed by the traders involved.
    View profile →

Frequently asked questions

What happens to my account if a prop firm shuts down?
A funded account is a contractual relationship with a company, not a brokerage account holding your money. If the company ceases operations, the account disappears with it. Pending payouts become an unsecured claim on a company that is, by definition, in difficulty — which is why payout history and firm age weigh so heavily in our score.
Can I get a refund for a challenge I paid for?
In practice, rarely. The evaluation fee is payment for a service that was rendered — access to the evaluation — so refund claims are legally weak even when the firm disappears mid-challenge. A card chargeback within the issuer’s window is sometimes the only realistic route.
What are the warning signs before a firm collapses?
Payout delays that stretch from days to weeks; rule changes applied retroactively to existing accounts; sudden restrictions on withdrawal methods; support response times collapsing; aggressive discounting well below the market. Any two of these together justify not buying a new challenge there.
Why keep the profiles of closed firms online?
Because traders keep looking for them — to understand what happened, to check whether they can still be paid, or to avoid the same pattern elsewhere. Deleting the page would remove the answer without removing the question.