Closed & Suspended Firms

Allston Trading wound down its proprietary trading operations in 2017 amid sustained pressure on HFT margins and intensifying competition from larger market makers. Key personnel and infrastructure were absorbed by other Chicago HFT firms, and the entity ceased active trading.

The homepage explicitly states "The domain name aquaticcapital.com is for sale!", indicating the firm has ceased operations.

The homepage, signup page, and terms page all clearly state "The domain name forexcapitalfunds.com is for sale!". This is an explicit closure marker indicating the firm is no longer operating.

The website explicitly states "The domain name forexfunder.com is for sale!" on all provided pages (homepage, signup, terms). This is a clear closure marker, indicating the firm is no longer operating and its domain is being sold.

In July 2024, FX industry veteran Joshua Dentrinos completed a partial acquisition of Germany-registered Funded Peaks intending to stabilize the firm. Despite the new ownership, the firm subsequently ceased operations and its domain became inactive, with no official shutdown announcement. The closure is consistent with the broader 2024 prop firm collapse triggered by MetaQuotes platform revocations and broker withdrawals.

The homepage, signup page, and terms and conditions page all contain a closure marker, indicating the firm has ceased operations. Despite other signs of being active, the presence of explicit closure markers overrides them.

On August 29, 2023, the US Commodity Futures Trading Commission (CFTC) and Canada's Ontario Securities Commission filed enforcement actions against My Forex Funds and its parent Traders Global Group, alleging the firm operated a fraudulent scheme that took in over $310M from customers. Accounts and assets were frozen, the platform was taken offline, and the firm ceased operations. Litigation remains ongoing.

SFT was impacted by the broader 2024 retail prop firm collapse following MetaQuotes platform revocations and broker withdrawals affecting MENA-based prop firms. The firm's site became inactive and no funded payouts were reported after Q2 2024. No official wind-down announcement was located.

SurgeTrader lost its MetaQuotes MT4/MT5 access in early 2024 amid MetaQuotes' crackdown on prop firms serving US clients. On approximately May 17–18, 2024, Match-Trade Technologies separately terminated SurgeTrader's platform license, leaving the firm with no functional trading infrastructure. Unable to secure an alternative platform, SurgeTrader announced permanent closure on May 24, 2024.

The website for The Trading Capital returns a 404 error with a message indicating the domain is not connected to a website (Wix placeholder). This is a strong indicator of closure, as the site is effectively not operational.

The website explicitly states "The domain name ToroFunded.com is for sale!" on the homepage, signup page, and terms page. This clearly indicates the firm is no longer operating and its domain is up for sale.

Traddoo ceased operations in 2024 amid the broader prop-firm crisis triggered by MetaQuotes' withdrawal of MT4/MT5 licenses from prop firms and the simultaneous pullback of liquidity providers. The firm's website became inactive and outstanding trader balances were reportedly not paid in full.

TrueForexFunds lost MetaQuotes MT4/MT5 access in early 2024 during MetaQuotes' crackdown on prop firms serving US clients, and subsequently lost broker liquidity from Eightcap and Purple Trading. The firm announced it was ceasing operations in February 2024 with payouts to existing funded traders disrupted.

WTS Proprietary Trading Group was acquired by T3 Trading Group in 2014. Existing WTS traders and infrastructure were migrated to T3, and WTS ceased operating as an independent prop trading firm.

The homepage explicitly states "New purchases are temporaril[y paused]" which, combined with the 404 on the signup page, indicates a suspended state. While the terms are dated in the future (Jan 2025), the explicit pause on the homepage is a stronger indicator.

On June 13, 2025, Canada's Autorité des marchés financiers (AMF) — Quebec's financial regulator — published a formal investor alert against ProFunder (profunder.io), warning the public that the firm appeared to be engaging in securities activities without authorization. The alert was also listed by the Canadian Securities Administrators (CSA). No official closure announcement by the firm has been located, but the regulatory flag is consistent with the firm suspending public-facing operations.

The Funded Trader announced it was "temporarily pausing all operations" on March 28, 2024, following a wave of mass payout denials (CEO Angelo Ciaramello confirmed over $2M in withdrawals were denied in Jan–Feb 2024). The immediate trigger was Eightcap's end-of-February 2024 withdrawal of MT4/MT5 broker services from prop firms, driven by MetaQuotes pressure. As of early 2025, Finance Magnates reported 1,272 traders remained in an unresolved payout queue.

On October 23, 2025, the UK Financial Conduct Authority (FCA) published a formal warning against Trade Sphere Markets, stating the firm was not FCA-authorized and may be providing or promoting financial services in the UK without permission. The website tradesphere.com subsequently became inactive.