A Dubai-based challenge firm founded in 2021 whose website went dead by mid-2025 — its domain now redirects to an unrelated affiliate page.
Closure Date
~2025
Status
Ceased Operations
Last Updated
Last updated: 2026-07-31
Syndicate Funded, founded in 2021 in Dubai, sold 1-step and 2-step evaluations covering forex, indices and commodities from $5,000 to $200,000 on TradeLocker with an 80% profit split, executing through Blueberry Markets.
By mid-2025 its website was no longer operational — review-site updates documented the closure, corroborated by Trustpilot user reports — and its former domain now redirects to an unrelated affiliate page. Reviewers had earlier flagged non-disclosure of key terms and ambiguity over whether accounts were real or simulated. No official closure statement or compensation process was ever published.
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Its website ceased operating around mid-2025 without an official announcement; the domain now redirects to unrelated content.
No process is documented. Be wary of "fund recovery" services — they are a well-documented follow-up scam.
See the verified alternatives below — firms we actively track with live challenge pricing, payout terms and current offers.
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.