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
Closed
Last Updated
Last updated: 2026-09-27
The full story
Funds For Traders sold funded-trading challenges executed through the broker Eightcap on MetaTrader 4 and 5.
On 15 August 2024 it announced it was "ceasing all operations", after Eightcap ended MT4/MT5 support for prop firms (FX News Group, 15 August 2024). The firm said everyone with active challenges would be "contacted and handled properly"; PropFirmBook has not found a public record of how those accounts were settled. The firm has not returned.
Why isn't Funds For Traders in our directory?
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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?
The firm said active challenges would be "handled properly", but no public record of refunds or payouts exists. 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.