Prop Trading Firm FundingTicks to Shut Down Following Rule Changes and Trader Backlash

Prop trading platform FundingTicks has announced it is winding down operations, describing the move as a strategic decision to focus on other opportunities. The closure follows a public controversy and widespread dissatisfaction among traders.

In December 2025, FundingTicks introduced stricter trading rules, including a one-minute holding limit for scalpers, higher profit targets, and a reduced profit split for traders. Traders said the changes were applied retroactively, resulting in the cancellation of previously earned profits and completed evaluation stages.

The rule changes triggered a strong backlash on social media, and the company's Trustpilot rating fell from 4.1 to 3.2. At the time, CEO Khaled defended the platform, stating that more than $220 million had been paid out and that trader interests had always been a priority.

As part of the shutdown, FundingTicks said the closure process would be fair and transparent and outlined a refund and payout plan. Traders with active evaluation and master accounts will receive full refunds regardless of performance. Master account holders who met profit conditions will receive 80% of profits, while those who did not will receive 20%.

For live accounts, traders in profit will receive a refund, 90% of profits, and 20% of the initial balance. Break-even accounts will receive a refund and 20% of the initial balance, while loss-making accounts will be refunded only.

The company said the refund process has already begun and advised traders to monitor updates through their dashboards. Customer support will remain available until January 31.

The closure comes amid a difficult period for the prop trading industry. In 2024, between 80 and 100 prop firms reportedly exited the market. Success rates for trading evaluations declined, and average participation fees for challenges were nearly halved. A major contributing factor was MetaQuotes' decision to significantly reduce support for prop firms using its platforms, triggering consolidation and reshaping the sector.