Attention! The Funded Trader Shut Down Permanently (Update: It Reopen Doors)

Your source for the latest news from TheFundedTrader. Get access to our official announcements, blog posts, news updates, media assets and more.

thefundedtrader default news image
TFT, suspended trader payouts may not be processed until 2025

Traders waiting for payouts from The Funded Trader (TFT) prop firm may not see their funds until 2025. According to the latest update from the company, priority is being given to accounts with balances over $100,000, with processing set to begin in ... 

Q4 2024 and finish by the end of December. Payouts for traders with smaller balances, suspended since March 2024, are expected to be addressed in early 2025. Founder Angelo Ciaramello outlined a four-step plan via the firm's official Discord channel, starting with large account unblocking, followed by trader payouts and overdue affiliate payments. To date, TFT has repaid 30% of the outstanding balance to retail traders and 55% to affiliates. New withdrawals are being processed normally, but the issue of suspended payouts remains unresolved.

Monday 16 September, 2024

thefundedtrader default news image
TFT Availability of DxTrade & Match-Trader to US Traders

The Funded Trader has expanded its platform offerings by launching DXtrade and Match-Trader, now available to traders globally, including in the United States. This expansion comes after the firm paused its operations for five months prior to its ... 

relaunch. The announcement, made via social media and their Discord channel, indicates that traders worldwide can now access these cutting-edge platforms, opening up new opportunities for retail FX and prop trading.

Tuesday 03 September, 2024

thefundedtrader default news image
The Funded Trader Resurfaces Five Months after Pausing Operations

Five months after pausing operations, The Funded Trader has provided an update on X, claiming to have sent out 30% of owed trader payouts and processed 55% of affiliate payouts. The firm also mentioned that 70% of trader accounts have been restored, ... 

with a review of 2023 activities ongoing to identify eligible accounts for further restoration.

Thursday 22 August, 2024

thefundedtrader default news image
TFT Mobile Trading Apps for DXtrade Account Holders

The Funded Trader (TFT) has launched DxTrade mobile apps for iOS and Android, allowing traders to manage their accounts on the go. These apps provide the same functionality as the desktop platform and are available on the Google Play Store and Apple ... 

App Store. TFT also announced that DXtrade will soon be globally accessible across all platforms.

Tuesday 20 August, 2024

thefundedtrader default news image
The Funded Trader Temporarily Pauses Operations Amidst Relaunch Plans

The Funded Trader (TFT), a prop trading firm recently under scrutiny for payout denials, has announced a temporary pause in all operations with promises of a relaunch. A notice on TFT's website stated, "Over the coming week, we will follow up ... 

with specifics as we work to resume operations," accompanied by a countdown timer of 21 days. However, it did not clarify if the timer is for its relaunch.

Learn More  

Friday 29 March, 2024

thefundedtrader default news image
The Funded Trader (TFT) Responds Swiftly to Platform Issues

The Funded Trader (TFT) is taking bold steps to address recent platform challenges, ensuring a better experience for its users.
1. DXtrade Instability Resolution: TFT acknowledges recent instability on the DXtrade platform and proactively ... 

restricts new DXtrade purchases to traders in the United States. Non-US traders can now seamlessly switch to the stable cTrader platform, endorsed by TFT for its reliability.
2. Migration for Platform Stability: To enhance server performance and overall platform stability, TFT is mass migrating accounts from DXtrade to cTrader for non-US traders. Affected users will receive communication via email this week, factoring in trading sessions and current activity.

Monday 11 March, 2024

thefundedtrader default news image
The Funded Trader Unveils Game-Changing Integration with cTrader Platform

In a groundbreaking move, The Funded Trader has officially added the cutting-edge cTrader platform to its arsenal of trading platforms, citing the prevailing volatility and uncertainty surrounding the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) ... 

programs for US Traders

Monday 19 February, 2024

thefundedtrader default news image
The Funded Trader Important Announcement - Gold, Silver and Oil Leverage Update

Effective January 5, 2024, after 5 PM EST, the leverage for Metals (Gold & Silver) and commodities (Oil) with a current 1:40 ratio will be adjusted to 1:30. Please note that this will not affect swing accounts or knight challenge accounts. This will ... 

be affective for all active Challenge and Funded Purple Trading, Eightcap and ThinkMarkets accounts.

Thursday 04 January, 2024

thefundedtrader default news image
The Funded Trader (TFT) Payment Method Update

The Funded Trader (TFT) is Introducing Plane, their new payment platform designed for modern startups, offering hassle-free payroll across 240+ countries, including the US. It simplifies payroll, supports local currencies in 70+ countries, and eliminates hidden fees. Transition guides will be available on December 26, 2023, before we switch to Plane on December 27, 2023. Affected Wise payouts will be handled through a crypto withdrawal—details to ... 

follow via email for those affected.

Thursday 21 December, 2023

thefundedtrader default news image
The Funded Trader (TFT) Dragon Egg Program Launched!

Following the launch of TFT Dragon Challenge The Funded Trader has just introduced the Dragon Egg Program, a game-changing program designed to help maximize the Dragon Funded Account. The Dragon Egg Program is designed to help you scale up your ... 

account and achieve an optimal 7% Daily Drawdown and a 12% Max Drawdown. The program also includes two free challenges valued at $100k and $200k respectively. What sets our program apart is the flexibility it offers. Upon reaching the final state, you can make withdrawals anytime, even on weekends, ensuring you have quick profits. Traders will earn up to 95% with this program.

Thursday 14 December, 2023

thefundedtrader default news image
TFT - New Dragon Challenge and Knight Challenge Updates

TFT just announced the launch of our latest features and incentives for both the new Dragon Challenge and Knight Challenge Updates!
Knight Challenge Changes:
NEW Add-on 4% daily drawdown + 7% Max drawdown and a NEW $5k - $10k ... 

options
The first 250 people to use code DRAGONLAUNCH will receive 10% off+ 95% lifetime profit split + 2% Bonus from each phase of the challenge (6% total) paid on first withdrawal. AND The first 100 people to use code KNIGHTLAUNCH will receive 30% off+ 85% lifetime profit split + 5% Bonus from phase 1 of the challenge paid on first withdrawal.

Learn More  

Friday 08 December, 2023

thefundedtrader default news image
TFT Trader Company Updates

Here's the latest news from the grand council of TFT Trader:

Refund calculations are now automated! No more mischievous meddling – payouts include refunds, reducing error margins.
Exciting news! Free Trial accounts will be revealed this moon cycle. Test the royal challenge before investing your gold.
Payout requests made easy! Our updated flow ensures swift adjustments to your account, allowing you to resume trading in ... 

minutes.
Three-Phase Challenge alert! We're gathering wisdom from the crowd and finalizing the updated model for launch at the end of this moon's cycle.
Explore new charts on your dashboards! We've unveiled them, and our diligent inspectors are on the lookout for any potential gremlins.
Stay tuned for more updates from TFT Trader!

Tuesday 14 November, 2023

thefundedtrader default news image
TheFundedTrader Unveils Game-Changing Updates

The Funded Trader is set to launch transformative updates on October 6th, elevating the trading experience for its users. Key Updates:
1. Royal Challenge 14-Day First Payout Add-on: Streamlining onboarding, this feature offers a 14-day first payout option for smoother trading initiation.
2. Purple Trading MT4 and MT5 Integration: Expanding options, Purple Trading’s MT4 and MT5 platforms provide advanced tools for traders in both Challenge and ... 

Funded Accounts.
3. Shortened Challenge Phases: Rapid transitions: Phase 1 to 2 duration reduced from 24 to 12 hours. Rapid Challenges now progress in just 6 hours, ensuring quicker results.
4. Eightcap MT4 Discontinuation: Future purchases of Eightcap MT4 cease after the launch, enhancing platform focus. Existing users face no interruptions.

Sunday 01 October, 2023

thefundedtrader default news image
TheFundedTrader Payout Update

TheFundedTrader, following extensive discussions with WISE, they've transitioned The Funded Trader account to withdrawal-only status immediately after processing yesterday's deposit. Regrettably, this means TFT cannot facilitate payouts through ... 

WISE. In a positive turn, WISE is refunding several transactions they previously processed, resolving lingering concerns. While disappointing, this decision marks a decisive step towards closure on our past issues with them.

Thursday 28 September, 2023

thefundedtrader default news image
The Funded Trader Expands Trading Challenge Opportunities with New Account Options

The Funded Trader has shared an important update to its trading challenge by introducing new account options for aspiring traders. This development comes as a response to user feedback. The Funded Trader has made it abundantly clear that they are ... 

not discontinuing the RAW account type but rather expanding their offerings. Traders can now choose from a range of standard account types at the checkout stage. This will provide greater flexibility and cater to the diverse needs and preferences of their user base.

Thursday 14 September, 2023

Related Posts

The Funded Trader and Why They Shut Down Permanently
The Funded Trader and Why They Shut Down Permanently

The prop trading industry keeps taking blows as firm after firm keeps getting into trouble. Having landed squarely on the watchlist of pertinent regulators across ...

Interested to open a proprietary trading firm?

If you are thinking to enter the Forex market and Start Your Own prop trading firm our TurnKey White Label Trading Solutions & Services are exactly what you need.

Talk to the Team