A prop-firm trading desk powering down while separate refund and withdrawal document lanes continue toward support
Firm Update

FundedSeat Is Closing: What Traders Should Save and Do Now

The firm says active accounts will be refunded and pending withdrawals plus positive live balances will be disbursed, but it gives no public timetable.

Closing
Operations
Active
Accounts refunded
Pending
Withdrawals paid
No date
Timetable posted
Sep 29
Notice verified

Short answer: FundedSeat says it has decided to close operations. Its official announcement says currently active accounts will be refunded, pending withdrawals will be disbursed, and positive live-account balances will also be paid. The announcement does not publish a processing timetable, claim form, priority order, or payment method. If you have an account or payment in progress, stop relying on older offer pages, save your records now, and use FundedSeat's official support channel for account-specific instructions.

What FundedSeat has confirmed

FundedSeat replaced its normal public sales page with a closure announcement. The firm makes four operational commitments in that notice:

  1. FundedSeat is closing operations.
  2. Currently active accounts will be refunded.
  3. Pending withdrawals will be disbursed.
  4. Positive live-account balances will be disbursed.

The firm says its support team will remain available through live chat and support@fundedseat.com for questions about accounts, refunds, and withdrawals.

Those are the confirmed facts. FundedSeat does not give a payment date, a batch schedule, a deadline for contacting support, a definition of which account states count as active, or a separate process for evaluation, simulated-funded, and live accounts in the public notice checked September 29.

What to do if you have a FundedSeat account

1. Save the closure announcement

Capture the full official page, its URL, and the date and time you accessed it. A PDF or full-page screenshot is better than a cropped image because it preserves the support instructions and all repayment language together.

2. Export your account record

Save the account name or number, product and size, purchase date, amount paid, order receipt, account status, current balance, dashboard history, and any breach or inactivity notices. If the dashboard still lets you export trades or statements, preserve them without changing the account.

3. Preserve withdrawal evidence

For a pending withdrawal, save the request ID, requested amount, submission date and time zone, current status, payment method, approval messages, and every support reply. For a positive live balance, save the balance screen and the evidence that identifies the account as live.

4. Ask one precise support question

Contact FundedSeat through its official live chat or support@fundedseat.com. Include only the information needed to identify the account and ask for the refund or disbursement status, expected process, and any action required from you. Keep the full thread.

5. Do not treat old promotions as current

The closure page no longer presents an account purchase path. An older discount banner, cached checkout, affiliate post, or prior price is not evidence that a new purchase is available. Do not send payment through a stale link.

What the announcement does not answer

QuestionPublic answer on September 29
When will refunds be sent?No timetable published
When will pending withdrawals be sent?No timetable published
Which account states qualify as active?Not defined
Are evaluation and simulated-funded refunds handled differently?Not explained
How are positive live balances calculated?Not explained
Is a claim form required?No form or process published
How long will support remain available?Not stated

Do not fill those gaps with community estimates. A screenshot of another trader's payment is not a schedule for your account, and a delayed reply is not by itself proof that FundedSeat has changed the commitments in its announcement.

Why FundedSeat says it is closing

FundedSeat attributes the decision to limitations imposed by large trading platforms and says those constraints prevented the growth it believed was necessary. That is the firm's explanation, not an independently verified finding about any named platform. The announcement does not identify the platforms or claim that a platform outage caused the closure.

That distinction matters: the actionable first-party facts are the closure and the stated refund and disbursement commitments. The business rationale should remain attributed to FundedSeat unless a platform or another primary source publishes its own account.

Should you keep trading an active account?

The announcement says active accounts will be refunded, but it does not tell traders to keep trading or explain whether further trades affect account status. Do not guess. Save the current state and ask FundedSeat support in writing before placing another order or making any account change.

If your immediate concern is a payment already requested, use our payout-review evidence checklist to assemble one clean record. If a payment method becomes unavailable, follow the payout-method fallback checklist without sending duplicate requests.

What ComparePropFirms is not changing automatically

FundedSeat's existing firm review, old promotional coverage, and stored commercial language now require correction. Those are existing live surfaces, so they fall outside this daily release's guarded authority. This article records the new first-party announcement without silently changing historical pages, tracked destinations, owner controls, firm data, or promotional records.

Until those corrections are separately reviewed, use FundedSeat's official closure page—not an older ComparePropFirms price or offer—as the current source of truth.

Frequently asked questions

Is FundedSeat closing?

Yes. FundedSeat's official homepage says the firm has decided to close operations.

Will FundedSeat refund active accounts?

FundedSeat says all currently active accounts will be refunded. The public announcement does not define active or publish a processing timetable.

Will FundedSeat pay pending withdrawals?

The announcement says all currently pending withdrawals will be disbursed. It does not state when or how each payment will be processed.

What happens to a positive live-account balance?

FundedSeat says positive live-account balances will be disbursed. Save the balance and live-account status, then ask support for account-specific instructions.

How do I contact FundedSeat?

The closure notice directs traders to official live chat or support@fundedseat.com for account, refund, and withdrawal questions.

Should I buy through an old FundedSeat checkout link?

No. The public homepage is now a closure notice and does not present a current purchase path. Do not rely on an older promotion, cached checkout, or affiliate link.

First-party sources and verification

  1. FundedSeat closure announcement — official homepage; verified September 29, 2026, 7:05 AM MDT. It confirms the decision to close, refunds for currently active accounts, disbursement of pending withdrawals and positive live balances, and continued live-chat/email support. It does not publish a processing timetable or detailed procedure.

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