Skip to content
PropRankingRESEARCH BEFORE YOU TRADE
← Guides & news

PROPRANKING EDITORIAL

Prop Firm Status Update: Programme Closures and Announced Returns — October 2026

milos.mosovsky · Published 31 October 2026

“Closed”, “programme ended” and “return announced” describe different events. Our 31 October 2026 review records three sourced developments while keeping the original company profiles and URLs available.

We use provider announcements for the statements below. A missing website alone does not establish bankruptcy, and a company’s description of refunds is not independent confirmation that every customer received money.

Seacrest: the prop business closed; distinguish it from the brokerage

In its help-centre update dated 27 February 2026, Seacrest says its prop trading business closed on 6 February 2026 and describes a shift towards CFD brokerage. That is a statement about the prop operation, not proof that the entire brokerage failed. The provider also makes claims about refunds; we have not audited individual settlements.

Provider source: Seacrest Prop Trading Programs. The historical My Funded FX profile now carries a dated note explaining the later Seacrest brand and programme closure. Its original text remains available.

Brand-history context: Finance Magnates reported the MyFundedFX to SeacrestFunded rebrand on 11 February 2025.

OANDA Prop Trader: the programme concluded

FTMO’s release dated 2 March 2026 announced that OANDA Prop Trader would conclude on 31 March 2026. It distinguishes OANDA’s ongoing brokerage services from FTMO’s prop business. Calling this a bankruptcy would misrepresent the cited announcement.

Provider source: FTMO programme announcement. The existing Oanda Labs Trader profile is preserved, with a current status addition.

OANDA’s own launch release identifies OANDA Labs Trader as the former name of OANDA Prop Trader.

MyForexFunds: a future return is announced

MyForexFunds now announces a planned relaunch on 23 November 2026. At this review date it remains a future announcement, not our confirmation of an operational launch or individual account recovery.

Provider source: MyForexFunds return announcement. Read our separate launch-check article and the original My Forex Funds profile.

How to interpret a status label

  • Programme ended: a particular service stopped; other businesses under the group may continue.
  • Closure announced: a provider states that operations are ending. Payment claims still need individual verification.
  • Relaunch announced: a future plan has been published. Check again after the announced date.
  • Historical closure record: an older directory classification; it is not a newly completed solvency investigation.
  • Not recently verified: current operation has not been established in this review. It does not mean “safe” or “bankrupt”.

What we preserve and what we update

Profiles, original reviews, historical ratings, reader comments and indexed URLs stay in place. New status notes show their source and review date separately. This lets readers see why a historical review may no longer describe a currently purchasable programme.

Frequently asked questions

Is every firm in a closure archive legally bankrupt?

No. A directory label does not establish a legal insolvency finding. We distinguish service closures, announcements and unverified availability.

Can a current-looking website prove that a programme is open?

No. Check its dated announcement, applicable agreement and actual account availability. A marketing page can coexist with an older programme’s closure.

Sources and corrections

Sources above were checked on 31 October 2026. Send a dated primary source through Contact & corrections if information changes. For a purchase decision, start with our comparison checklist.

FOR PROP FIRMS & INDUSTRY PARTNERS

Be part of the comparison.

Explore ranking placements, company profiles and dedicated advertising space.

Explore advertising

Privacy & cookie settings

Essential features, including saving your privacy choice and submitting an enquiry, are always available.

Your choice is saved on this browser for six months. You can change it here at any time. Withdrawing permission reloads the page to stop services already loaded.

Read the privacy policy