--- title: "What Happened to The Funded Trader? Closure Explained & Best Alternatives (2026)" description: "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. See verified alternatives with live pricing." lang: en json-ld: | [ { "@context": "https://schema.org", "@type": "WebSite", "name": "Propfirmbook", "url": "https://propfirmbook.com", "description": "Compare the best prop trading firms in 2026. Find funded trader programs, challenge prices, profit splits and rules.", "potentialAction": { "@type": "SearchAction", "target": "https://propfirmbook.com/?q={search_term_string}", "query-input": "required name=search_term_string" } }, { "@context": "https://schema.org", "@type": "Organization", "name": "Propfirmbook", "url": "https://propfirmbook.com", "logo": "https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/09b81db2c_2.png", "description": "Propfirmbook helps traders compare proprietary trading firms, challenges, profit splits, and funded account programs.", "sameAs": [ "https://x.com/propfirmbook", "https://www.instagram.com/propfirmbook", "https://www.youtube.com/@propfirmbook" ] }, { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://propfirmbook.com/" }, { "@type": "ListItem", "position": 2, "name": "Unverified Firms", "item": "https://propfirmbook.com/unverified" }, { "@type": "ListItem", "position": 3, "name": "The Funded Trader", "item": "https://propfirmbook.com/unverified/the-funded-trader" } ] }, { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What happened to The Funded Trader in 2024?", "acceptedAnswer": { "@type": "Answer", "text": "It paused all operations in March 2024 after losing MetaTrader access and accumulating a payout backlog, then relaunched later that year." } }, { "@type": "Question", "name": "Is The Funded Trader legit now?", "acceptedAnswer": { "@type": "Answer", "text": "It is operating and selling challenges again. It has never faced regulatory action. Whether its 2024 payout obligations were fully honored has not been independently verified." } }, { "@type": "Question", "name": "Did The Funded Trader pay back the traders it owed?", "acceptedAnswer": { "@type": "Answer", "text": "Its last public accounting, in August 2024, reported about 30% of owed payouts distributed. No complete public reconciliation followed." } }, { "@type": "Question", "name": "What are verified alternatives to The Funded Trader?", "acceptedAnswer": { "@type": "Answer", "text": "See the verified alternatives below — firms we actively track with live challenge pricing, payout terms and current offers." } } ] } ] --- [![Propfirmbook](https://media.base44.com/images/public/696226babdb05e12a6400728/fc11f6974_image.png)Prop Firm Book ](/Home) [Forex](/)[Futures](/futures)[Crypto](/crypto) en Sign In [Forex](/)[Futures](/futures)[Crypto](/crypto) [Home](/Home)Prop Firms[Challenges](/Challenges)[Offers](/Offers)[Radar](/Radar)[Games](/Games)[Compare](/ComparisonTool)[AI Advisor](/PropFirmAdvisor)[Economic Calendar](/EconomicCalendar) 1. [Home](/) 3. [Unverified Firms](/unverified) 5. The Funded Trader ![The Funded Trader](https://www.thefundedtraderprogram.com/wp-content/uploads/2024/12/Logo_Colour_1.png) Collapsed & Relaunched — Unverified Ceased: 2024-03 # What Happened to The Funded Trader? 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. Closure Date 2024-03 Status Collapsed & Relaunched — Unverified Last Updated Last updated: 2026-07-31 ## The full story The Funded Trader, launched in May 2021 from Texas, grew into one of the biggest prop firms of the boom era, claiming over $90 million in trader payouts. In early 2024 the industry-wide loss of MetaTrader access forced a chaotic migration to a new platform; traders reported server errors, breached accounts and payout denials, and in late March 2024 the firm paused operations entirely with a large payout backlog. It never fully disappeared. By its own August 2024 update, roughly 30% of owed trader payouts had been distributed, and in November 2024 the firm relaunched challenge sales, continuing to operate through 2025 and 2026. No regulator ever took action against The Funded Trader, and no court has ruled on trader allegations. It is operating today, but Propfirmbook does not currently track its challenge data, rules or payout terms, and the 2024-era obligations were never independently verified as fully settled — which is why it remains outside our verified directory. ## Why isn't The Funded Trader 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 →](/) ## Frequently asked questions ### What happened to The Funded Trader in 2024? It paused all operations in March 2024 after losing MetaTrader access and accumulating a payout backlog, then relaunched later that year. ### Is The Funded Trader legit now? It is operating and selling challenges again. It has never faced regulatory action. Whether its 2024 payout obligations were fully honored has not been independently verified. ### Did The Funded Trader pay back the traders it owed? Its last public accounting, in August 2024, reported about 30% of owed payouts distributed. No complete public reconciliation followed. ### What are verified alternatives to The Funded Trader? See the verified alternatives below — firms we actively track with live challenge pricing, payout terms and current offers. ## Verified alternatives to The Funded Trader [](/goat-funded-trader) [](/goat-funded-trader) [](/goat-funded-trader) [ ![Goat Funded Trader](https://media.base44.com/images/public/696226babdb05e12a6400728/adf931d52_goat-funded-trader-logo-256.png) ](/goat-funded-trader) [ ### Goat Funded Trader ](/goat-funded-trader) [ 3.7 ](/goat-funded-trader)[Trustpilot](https://www.trustpilot.com/review/goatfundedtrader.com) Leverage Up to 1:100 Profit Split 80–100% ![cTrader](https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/bc10acc42_ctrader.jpeg)cTrader ![TradeLocker](https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/cd5295be8_Traderlocker.png)TradeLocker ![Match-Trader](https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/8f9eda2c9_MatchTrade.png)Match-Trader Volumetrica ![MT5](https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/0f782d0e5_MT5.jpeg)MT5 Forex Stocks Crypto Indices Commodities [137.5K ](https://x.com/GoatFunded)[112K ](https://instagram.com/goatfundedtrader_com)[42.1K ](https://www.youtube.com/@goatfundedtrader)[123.9K ](https://discord.gg/ZRNesgBrtv) Community Rating Rate it Visit Site [](/fundingpips) [](/fundingpips) [](/fundingpips) [ ![FundingPips](https://media.base44.com/images/public/696226babdb05e12a6400728/9713feafe_image.png) ](/fundingpips) [ ### FundingPips ](/fundingpips) [ 4.5 ](/fundingpips)[Trustpilot](https://www.trustpilot.com/review/fundingpips.com) Leverage Up to 1:100 Profit Split 60–100% ![MT5](https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/0f782d0e5_MT5.jpeg)MT5 ![cTrader](https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/bc10acc42_ctrader.jpeg)cTrader ![Match-Trader](https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/8f9eda2c9_MatchTrade.png)Match-Trader ![TradeLocker](https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/cd5295be8_Traderlocker.png)TradeLocker Forex Crypto Indices Metals Energies [175.5K ](https://x.com/FundingPips)[280K ](https://instagram.com/fundingpips)[62.7K ](https://www.youtube.com/@fundingpipscom)[248.5K ](https://discord.gg/funding_pips) Community Rating Rate it Visit Site [](/maven-trading) [](/maven-trading) [](/maven-trading) [ ![Maven Trading](https://media.base44.com/images/public/696226babdb05e12a6400728/728f9a7e9_maven-trading-logo-512.png) ](/maven-trading) [ ### Maven Trading ](/maven-trading) [ 4.3 ](/maven-trading)[Trustpilot](https://www.trustpilot.com/review/maventrading.com) Leverage Up to 1:75 Profit Split 80% ![MT5](https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/0f782d0e5_MT5.jpeg)MT5 ![Match-Trader](https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/8f9eda2c9_MatchTrade.png)Match-Trader ![cTrader](https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/bc10acc42_ctrader.jpeg)cTrader Forex Gold Indices [105.6K ](https://x.com/Maventrading)[39K ](https://www.instagram.com/maven.trading/)[122.3K ](https://discord.gg/maven) Community Rating Rate it Visit Site ## Reporting and primary sources - [Finance Magnates: resurfacing after pause](https://www.financemagnates.com/forex/prop-trading-the-funded-trader-resurfaces-five-months-after-pausing-operations/) - [FX News Group: operations halt](https://fxnewsgroup.com/forex-news/retail-forex/prop-firm-the-funded-trader-halts-operations/) ![Propfirmbook](https://qtrypzzcjebvfcihiynt.supabase.co/storage/v1/object/public/base44-prod/public/696226babdb05e12a6400728/09b81db2c_2.png)Prop Firm Book Prop Firms - Prop Firm Data - [Challenges](/Challenges) Offers & Markets - [Current Offers](/Offers) - [Markets](/Markets) Resources - [Content & Blog](/Content) - [Browse by country](/best-prop-firms-by-country) - [Economic Calendar](/EconomicCalendar) - [Comparison Tool](/ComparisonTool) - [Games](/Games) - [AI Advisor](/PropFirmAdvisor) - [Unverified Firms](/unverified) Company - [About Us](/AboutUs) - [List Your Firm](/list-your-firm) - [Contact Us](/ContactUs) - [Terms & Conditions](/TermsAndConditions) Legal - [Privacy Policy](/PrivacyPolicy) - [Disclaimer](/Disclaimer) © 2026 Propfirmbook [](https://x.com/propfirmbook)