What Happened to Funds For Traders?
The Netherlands-based prop firm closed in August 2024 after its broker cut MetaTrader access for prop firms.
Closure Date
2024-08-15
Status
Ceased Operations
Last Updated
Last updated: 2026-07-31
The full story
Funds For Traders was a Netherlands-based prop firm selling funded-trading challenges executed through the broker Eightcap on MetaTrader 4 and 5.
It announced closure on August 15, 2024, after Eightcap discontinued MT4/MT5 support for prop firms — one of many casualties of that year's platform squeeze. Community trackers had logged three warnings, including a trader reporting refused onboarding after passing an evaluation. The domain no longer resolves, no relaunch has occurred, and no compensation process was documented.
Why isn't Funds For Traders in our directory?
Propfirmbook's directory only includes firms we actively verify and track: live challenge pricing across every account size, payout terms and profit splits, complete trading rules, restricted-country lists, and current offers — checked continuously against each firm's own site. Firms outside the directory haven't been through that process, so we can't vouch for their current terms or operations.
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Frequently asked questions
What happened to Funds For Traders?
It closed on August 15, 2024 after losing MetaTrader access through its broker, and never returned.
Can I recover money from Funds For Traders?
No process is documented. Be wary of "fund recovery" services — they are a well-documented follow-up scam.
What are the best alternatives to Funds For Traders?
See the verified alternatives below — firms we actively track with live challenge pricing, payout terms and current offers.
Verified alternatives to Funds For Traders
A note on 'fund recovery' services: companies that contact traders of collapsed prop firms claiming they can recover lost funds are a well-documented follow-up scam. No legitimate recovery process exists outside official channels or formal insolvency proceedings.