Historical archive
Closed & Suspended Firms
Firms that have shut down or paused operations. We keep them here for transparency and historical reference, but exclude them from the main directory, comparisons, and head-to-head pages so traders don't get pointed at programs they can't actually join.
Closed (8)
- Aquatic Capital ManagementView profile →ClosedChicago, IL, USA · Firm Capital Model
The homepage explicitly states "The domain name aquaticcapital.com is for sale!", indicating the firm has ceased operations.
- Forex Capital FundsView profile →ClosedLondon, UK · Evaluation-Based Funding
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.
- Forex FunderView profile →ClosedDubai, UAE · Evaluation-Based Funding
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.
- Funded PeaksView profile →ClosedVancouver, Canada · Evaluation-Based Funding
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.
- FXFundedView profile →ClosedDubai · Evaluation-Based Funding
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.
- SurgeTraderView profile →ClosedNaples, USA · Evaluation-Based Funding
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 Trading CapitalView profile →ClosedSao Paulo, Brazil · Evaluation-Based Funding
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.
- Toro FundedView profile →ClosedMadrid, Spain · Evaluation-Based Funding
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.
Suspended / Operations paused (4)
- Nordic FunderView profile →Operations pausedStockholm, Sweden · Evaluation-Based Funding
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.
- ProFunderView profile →Operations pausedToronto, Canada · Evaluation-Based Funding
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 TraderView profile →Operations pausedFlorida, USA · Evaluation-Based Funding
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.
- Trade SphereView profile →Operations pausedLimassol, Cyprus · Evaluation-Based Funding
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.