This section covers prop trading firms that have closed, ceased operations, faced regulatory action, rebranded, or otherwise fall outside Propfirmbook's verification process. "Unverified" means we no longer — or never did — track their live challenge pricing, payout terms, and trading rules against their own site. For firms we actively monitor, browse the main directory.
The sister firm of The Funded Trader suspended all operations one day after its sibling halted in March 2024 — and unlike its sibling, never returned.
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The anonymous prop firm's website went offline around December 2025 amid unresolved payout complaints and never returned — no official statement was ever made.
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After an FCA warning, platform loss and mounting payout complaints, the UK-founded firm wound down in mid-2024 and redirected to a successor brand.
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The Florida prop firm closed the same day it announced it was ceasing operations, weeks after losing its second trading platform in four months.
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The Dubai-based firm closed and announced bankruptcy in July 2024, months after its technology provider terminated its license amid fraud allegations.
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The US firm announced a planned shutdown in November 2024, honored refunds and payouts through a final trading date, and is cited as the industry's model graceful exit.
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The largest prop firm of the boom era was frozen by a CFTC action in August 2023 — a case dismissed with prejudice in 2025, with the regulator sanctioned.
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One of the biggest boom-era prop firms paused operations in March 2024 with a large payout backlog, then relaunched in late 2024. It operates today but remains outside our verified directory.
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The Hungarian prop firm lost its MetaTrader licenses in February 2024 and announced permanent closure three months later, citing insolvency.
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