🚫 Do Not Trade Prop Firm List July 2026
These prop firms have earned a place on our Do Not Trade list. Whether it’s denied payouts, blocking profitable traders, or ceasing operations without notice, each prop firm below has demonstrated they cannot be trusted with your capital. There are many excellent prop firms in the space – these are not among them.
🚫
This is a warning list, not a comparison page. We do not link to these firms and there is nothing to buy here. If you hold funds with an out-of-business firm on this list, contact your payment provider immediately. Looking for a firm you can trust? Start with our
Best Futures Prop Firms list.
8 firms currently on the Do Not Trade list · Updated August 2026
⚠️ Still Operating — Payout Denials Reported
1
2.5Compare Prop Firms Score
Still operating — payout denials reported
- Status
- Still operating — payout denials reported
- Primary Issue
- Known payout denials from funded traders
- Our Verdict
- Proceed with extreme caution
Action: Do not open a new account at this time
Payouts are not being processed reliably despite the firm still operating. Existing traders experiencing payout issues should document all communications.
⚠️ Not Recommended — Serious Concerns
2
1.5Compare Prop Firms Score
Active — still operating but with serious unresolved issues
- Status
- Active — still operating but with serious unresolved issues
- Primary Issue
- Pattern of payout denials and poor trader treatment reported across communities
- Our Verdict
- Not Recommended — we strongly advise traders to avoid this firm
Action: Do not open a new account — seek a reputable alternative immediately
Rules applied inconsistently with outcomes heavily favoring the firm over traders. Very high risk of not receiving earned payouts.
⛔ Out of Business
3
0.0Compare Prop Firms Score
Out of Business — No Longer Operating
- Status
- Out of Business — No Longer Operating
- Primary Issue
- Ceased operations without notice — funded accounts became inaccessible
- Our Verdict
- Do Not Trade — avoid entirely and do not send money to this firm
Action: Contact your payment provider immediately if you have outstanding funds
Traders were left with unresolved payout requests and no recourse through the firm. No communication or resolution was provided to affected traders.
⛔ Futures Program Discontinued
4
0.0Compare Prop Firms Score
Futures program discontinued — Forex only
- Status
- Futures program discontinued — Forex only
- Primary Issue
- Existing futures traders lost access to their accounts, with no public timeline for reinstatement
- Our Verdict
- Do not open a futures account — futures program is no longer available
Action: No current offer — futures not available
TX3 has shut down its futures prop trading program and now operates as Forex-only. Futures traders lost access with no public reinstatement timeline.
⛔ Out of Business
5
0.0Compare Prop Firms Score
Out of Business — No Longer Operating
- Status
- Out of Business — No Longer Operating
- Primary Issue
- Ceased operations without notice — funded accounts became inaccessible
- Our Verdict
- Do Not Trade — avoid entirely and do not send money to this firm
Action: Contact your payment provider immediately if you have outstanding funds
Traders were left with unresolved payout requests and no recourse through the firm. No communication or resolution was provided to affected traders.
⛔ Out of Business
6
0.0Compare Prop Firms Score
Out of Business — No Longer Operating
- Status
- Out of Business — No Longer Operating
- Primary Issue
- Ceased operations without notice — funded accounts became inaccessible
- Our Verdict
- Do Not Trade — avoid entirely and do not send money to this firm
Action: Contact your payment provider immediately if you have outstanding funds
Traders were left with unresolved payout requests and no recourse through the firm. No communication or resolution was provided to affected traders.
⛔ Out of Business — Platform Offline
7
0.0Compare Prop Firms Score
Out of business — platform offline
- Status
- Out of business — platform offline
- Primary Issue
- No payouts being processed — traders cannot access funded accounts
- Our Verdict
- Do not open an account. Do not send funds to this firm
Action: No refunds or account access available — contact your payment provider about recent payments
The platform is no longer accessible and the firm has shut down its futures prop trading program entirely. This is a full business closure, not a temporary pause.
⛔ Out of Business
8
3.4Compare Prop Firms Score
Out of Business — New Challenges Halted
- Status
- Out of Business — New Challenges Halted
- Primary Issue
- New challenge purchases are disabled and the help center is offline; the site promises a "new trading platform coming soon" with no timeline
- Our Verdict
- Do Not Trade — we treat this firm as out of business. Do not purchase.
Action: Do not purchase new challenges. If you hold a funded account, secure any pending payouts and monitor the firm's official channels
The firm's own site banner reads "New Challenges Are Currently Halted, New Trading Platform Coming Soon" (fundingfutures.com, captured 2026-07-03) — purchases are disabled and the help center returns 404.
Held funds with one of these firms?
If a firm on this list has ceased operations while holding your evaluation fee or earned payouts: (1) contact your credit card company or payment processor to dispute the charge, (2) report the firm to the relevant financial regulator in your country, and (3) document everything — dashboards, emails, and payout requests. For active firms on this list, do not open a new account until the issues are publicly resolved. See our recommended firms for vetted alternatives.
