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Rule changes, launches, payouts, and investigations - updated as the industry moves.
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Tradeify joins Propinder discovery network with a 40% challenge discount
Tradeify partnered with Propinder, a prop-firm discovery/comparison platform, connecting forex traders to its futures funding accounts and evaluations. Traders coming through Propinder get a 40% discount code.
Source: FXStreet ↗NinjaTrader splits with Alpha Futures over invoice dispute; Prop Firm Match delists Alpha, firm pays first payout batch
NinjaTrader terminated its partnership with Alpha Futures over a disputed unpaid invoice, days after Alpha launched a competing platform, AlphaTrader. Alpha's Premium Plan became unviable and was closed; Alpha initially converted affected traders' earned payouts into refunds instead of paying them out, which got it delisted by Prop Firm Match. On July 15 Alpha reversed course and paid an initial 10% batch of outstanding payouts. As of July 25, no further batches or a relisting have been confirmed. Full timeline on our Investigations page.
Source: FinanceMagnates ↗Tradeify eliminates subscription pricing, tightens some drawdown limits in "3.0" overhaul
Tradeify moved evaluation accounts from a monthly subscription to a one-time payment model, added Rithmic and a new TradingView-based platform (Tradesea), and tightened the Lightning Funded 150K trailing drawdown from $6,000 to $5,250 for new purchases. Co-founder Vinan Mistry said the pricing change barely moved revenue.
Source: FinanceMagnates ↗E8 Markets launches E8 Zero: one-step evaluation, no consistency rule, no trailing drawdown
E8 Markets added E8 Zero, a one-step evaluation program with no consistency rule and no trailing drawdown, alongside a broader lineup restructuring that also introduced a rebuilt E8 Signature program and discontinued its older Classic and Track programs.
Source: FinanceMagnates ↗ASIC cancels Trive's Australian license amid wider CFD-issuer review
ASIC cancelled the AFS license of CFD issuer Trive Financial Services Australia, effective July 1, 2026, as part of a broader review of 52 CFD issuers. Trive had already stopped onboarding new clients in April 2025.
Source: ASIC media release 26-147MR ↗Funding Pips launches PRIME scaling program
Funding Pips launched PRIME, a new tier for consistently profitable traders offering a 70% split, uncapped daily reward requests, and scaling from $400K up to $2M allocation. The firm says it replaces a prior pattern where winning traders were forced to restart. On July 8, Funding Pips separately raised its maximum single-account allocation from $300K to $400K.
Source: FinanceMagnates ↗Seacrest Markets shuts down its MyFundedFX prop division
Seacrest Markets ended its proprietary trading division to refocus on CFD brokerage. Open positions were force-closed Feb 6, with traders given until Feb 28 to claim refunds or outstanding payouts.
Source: FinanceMagnates ↗FundingTicks winds down after trader backlash over rule changes
After introducing 1-minute trade holds and reduced profit splits in December 2025, FundingTicks announced it was winding down in January following widespread trader pushback.
Source: FinanceMagnates ↗FTMO closes acquisition of OANDA Global Corporation
FTMO's acquisition of OANDA (announced Feb 2025) closed in December, adding regulated entities across 8 jurisdictions and enabling legal US client access via OANDA.
Source: Industry reporting ↗CFTC's fraud case against My Forex Funds dismissed with prejudice
A federal judge dismissed the CFTC's case after a Special Master found the agency acted in bad faith, misrepresenting a routine $31.55M CAD tax payment as evidence of asset dissipation. The CFTC was sanctioned over $3M in fees and costs.
Source: Bloomberg ↗Newsletter
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