---
title: "What Happened to Funds For Traders? Closure Explained & Best Alternatives (2026)"
url: https://propfirmbook.com/unverified/funds-for-traders
description: "The Netherlands-based prop firm closed in August 2024 after its broker cut MetaTrader access for prop firms. See verified alternatives with live pricing."
lang: en
---

Image: Funds For Traders (https://media.base44.com/images/public/696226babdb05e12a6400728/0586ed365_funds-for-traders.png)

Closed Ceased: 2024-08-15

# 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?

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.

Looking for verified firms? Browse the main directory → (https://propfirmbook.com/)

## 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

FTMO: https://propfirmbook.com/ftmo

### FTMO: https://propfirmbook.com/ftmo

4.8: https://propfirmbook.com/ftmo
Trustpilot: https://www.trustpilot.com/review/ftmo.com

Leverage

Up to 1:100

Profit Split

90%

Image: MT4 (https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/1df9d1833_MT4.jpeg)
MT4

Image: MT5 (https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/0f782d0e5_MT5.jpeg)
MT5

Image: cTrader (https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/bc10acc42_ctrader.jpeg)
cTrader

Image: TradingView (https://media.base44.com/images/public/696226babdb05e12a6400728/5e71c98a1_image.png)
TradingView

Forex Stocks Crypto Indices Commodities

162.1K: https://x.com/FTMO_com
552K: https://instagram.com/ftmocom
417K: https://www.youtube.com/@FTMOcom
136K: https://discord.com/invite/8j7r5XaaW6

Community Rating

5.0 (1)

The5ers: https://propfirmbook.com/the5ers

### The5ers: https://propfirmbook.com/the5ers

4.7: https://propfirmbook.com/the5ers
Trustpilot: https://www.trustpilot.com/review/the5ers.com

Leverage

Up to 1:100

Profit Split

80%

Forex Crypto Indices Commodities

91.1K: https://x.com/the5erstrading
115K: https://instagram.com/the.5ers
105K: https://www.youtube.com/@The5ersFundingAndBeyond

Community Rating

5.0 (2)

### E8 Markets

Leverage

Up to 1:30

Profit Split

80%

MT5

cTrader

TradeLocker

Match-Trader

Forex Crypto Indices Commodities
https://propfirmbook.com/e8-markets

38.7K: https://x.com/E8Markets
54K: https://instagram.com/e8marketscom
7.6K: https://www.youtube.com/@E8Markets
41.4K: https://discord.com/invite/e8markets

Community Rating

4.0 (1)

**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.

## Reporting and primary sources

- FX News Group: https://fxnewsgroup.com/forex-news/retail-forex/exclusive-funds-for-traders-shuts-after-eightcap-cuts-mt4-mt5-for-prop-firms/

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