Prop trading firm FundingTicks is closing its doors after facing significant criticism for imposing tighter trading restrictions. The platform, which had paid out over $220 million according to its CEO, will refund all users as part of a "strategic" wind-down.
Major Points:
Closure Decision: FundingTicks is winding down operations, citing a strategic shift to focus on long-term value areas.
Catalyst for Shutdown: The move follows severe trader backlash in December 2025 after new rules were introduced, including minimum trade holds, higher profit targets, and reduced profit splits.
Trader Fallout: The changes led to previously valid trades being invalidated and caused the firm’s Trustpilot rating to plummet from 4.1 to 3.2.
Refund Plan: The company has outlined a structured refund process:
All Evaluation & Master Accounts will receive full refunds.
Profitable Master Accounts get an 80% reward split; others receive 20%.
Live Accounts will receive refunds plus additional payouts based on their profit/loss status.
Industry Context: This closure occurs amid broader industry turmoil, with an estimated 80-100 prop firms shutting down in 2024 due to falling pass rates, reduced trader investment, and platform policy changes.
Next Steps: Refunds are being processed, and traders are advised to check their dashboards. Customer support will be available until January 31, 2026.
