Firms that stopped operating
Brokers and prop firms that have closed, rebranded or handed their domain to someone else — with the date, the notice and what to do if you still have a balance.
The fastest way to lose money with a trading firm is not a bad trade. It is a company that stops answering. Every page below documents a firm that closed, merged or quietly redirected its domain elsewhere, with the date it happened and the contact route that still works, if any.
None of these companies appears in a register we can verify. That is the pattern worth taking away before you deposit anywhere: a supervised failure has an administrator and a deadline, an unsupervised one has a paragraph on a homepage.
EagleFX
EagleFX moved its client accounts to LHFX in March 2025. The domain later stopped pointing at LHFX and now forwards to a Hugo's Way signup page carrying EagleFX affiliate tracking.
Accounts migrated to LHFX on 28 March 2025Funded Engineer
Funded Engineer's technology provider FPFX terminated its licence in February 2024 over allegations of fake accounts and a fictitious $2 million payout, and its broker fell to the same MetaQuotes crackdown that hit other firms that year. The firm filed for bankruptcy in July 2024; the domain is now an empty GoDaddy parking page.
15 July 2024, by the firm's own announcement, filing for bankruptcy the same dayFundingTicks
The futures arm of FundingPips, live for about a year. It wound down on 19 January 2026 with full refunds for every active account, including losing ones, which is far better than the sector norm. It closed a month after a retroactive rule change invalidated trades traders had already made. The parent firm is still trading and has left futures entirely.
19 January 2026KOT4X
KOT4X stopped operating in January 2026. The site now shows a closure notice and an email address. No record of the firm exists in any register we check.
Between 4 and 14 January 2026MyForexFunds
MyForexFunds stopped trading in August 2023 under a CFTC fraud complaint and a parallel Ontario Securities Commission case that froze about $90 million. In May 2025 a federal judge dismissed the US case with prejudice and sanctioned the CFTC itself; the Ontario receivership was never reported dismissed. The domain now carries a countdown to a 23 November 2026 relaunch, split across two new offshore entities neither of which is a financial regulator we can check.
29 August 2023, when a CFTC asset freeze stopped operations; the case was later dismissed and the brand now says it reopens 23 November 2026MyFundedFX
MyFundedFX became SeacrestFunded, then closed its prop desk in February 2026. What was not reported: the broker behind it has since shut down too. All three company domains are now dead or carry a closure notice.
Prop trading 6 February 2026; the broker itself between late April and August 2026Nova Funding
Nova Funding, a one-step forex evaluation firm, went offline in February 2026 after thousands of one-star Trustpilot reviews alleging blocked withdrawals. Its .io domain no longer resolves at all, and its .com domain was picked up by an unrelated lawsuit-funding company.
Website went offline around mid-February 2026; the .com domain now belongs to an unrelated businessOspreyFX
OspreyFX ceased operations after a notice dated 6 June 2025. The client portal is permanently offline and withdrawals are handled by email. The firm appears in no register we check.
Announced 6 June 2025; user portal now permanently offlineSmart Prop Trader
Smart Prop Trader closed in an orderly way in late 2024, with no scam allegations. Its founder then introduced a new Costa Rica broker, FXnity, incorporated 11 days after the closure notice, without disclosing his role in it. The old domain pointed there for over a year; it now redirects somewhere else entirely, with no connection to either firm.
Stopped onboarding 27 November 2024, wound down existing accounts by 29 December 2024SurgeTrader
SurgeTrader closed on 24 May 2024 after losing its MetaTrader licence to the same MetaQuotes crackdown that hit dozens of prop firms, then losing its backup Match-Trader licence too. The domain is now listed for sale on GoDaddy.
Friday, 24 May 2024, by the firm's own announcement, a week after losing its remaining trading platform licenceThe Funded Trader
The Funded Trader went dark once before, in March 2024, with numbers and a reason attached. This time the site just stopped loading, behind a hosting bill its own founder didn't mention when he announced, weeks earlier, that he was done with prop firms for good.
Site unreachable since early September 2026 with a hosting-provider "payment required" notice; no closure announcement has been issuedTrue Forex Funds
True Forex Funds was on the CFTC's unregistered-entity list for eight months before MetaQuotes pulled its MetaTrader licence in February 2024. The firm called that freeze temporary; by May 2024 it closed permanently, citing insolvency. The closure notice is still the entire site today.
Permanently, announced mid-May 2024, citing financial insolvency; the notice is unchanged as of October 2026How we check a firm
Regulator registers first: ASIC publishes a full dataset of licensees, CySEC lists every Cypriot investment firm together with the domains it is approved to operate from. Then the company's own legal documents, then the Internet Archive to see what the site said before it said what it says now. Where a check cannot be completed, the page states that rather than implying a clean result. See themethodology.