PropTally
⚰️ MEMORIAL — 10 firms documented

The Prop Firm Graveyard

Every major prop firm that shut down, was seized by regulators, or quietly disappeared with traders' balances. Each entry includes a public, dated source. We don't speculate — if a firm isn't here, it isn't confirmed dead.

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Firms documented
10
Traders affected
~280K+
Years covered
2023–2024
Regulatory seizures
1
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2024 · 8 firms

SurgeTrader

Shutdown

Closed all programs citing "operational restructuring"; no relaunch followed.

Shutdown
Sep 30, 2024
~20,000 traders affected

Cabana Capitals (prop arm)

Shutdown

Wound down prop division; brokerage continued under the same name.

Shutdown
Aug 15, 2024

Audacity Capital

Liquidity failure

UK firm stopped paying out funded traders; eventually delisted from regulator.

Shutdown
Jun 1, 2024

Finotive Funding

Broker license revoked

Lost broker access in April 2024; never returned to full operations.

Shutdown
Apr 22, 2024

True Forex Funds (TFF)

Broker license revoked

Lost MetaQuotes license; funded accounts stopped paying within days.

Shutdown
Apr 12, 2024
~35,000 traders affected

FundedNext — March 2024 trading pause

Restructured

Suspended trading on MT platforms during MetaQuotes crackdown; resumed on different infra.

Shutdown
Mar 19, 2024

The Funded Trader (TFT) — March 2024 pause

Restructured

Paused all payouts and evaluations after MetaQuotes blocked their broker; later relaunched.

Shutdown
Mar 18, 2024
~90,000 traders affected

NextStep Funded

Shutdown

Operations ended quietly; small footprint, low public coverage.

Shutdown
Feb 10, 2024

2023 · 2 firms

SkilledFundedTraders

Shutdown

Site went dark with no announcement; traders left holding the bag.

Shutdown
Nov 15, 2023

My Forex Funds (MFF)

Regulatory action

Seized by CFTC and OSC over fraud allegations; assets frozen.

Shutdown
Aug 29, 2023
~135,000 traders affected

How this list is curated

Every entry must include at least one public, dated source — a regulator filing, press release, archived website, or established industry coverage. Rumors, anonymous social-media accusations, and unverified Discord screenshots don't qualify.

See a firm we missed? Send us the source. We update the list when new shutdowns are confirmed.