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PROPFILES

Independent Prop Firm Transparency Reports
11 firms tracked · 1579 trader reports
Updated March 2, 2026

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■ FEATURED INVESTIGATION

Funded Engineer: 14 Red Flags and Counting

From retroactive rule changes to alleged fake Trustpilot reviews — our investigation documents a pattern of concerning practices reported by 1284 traders.

95/100
Severity
10
Verified Complaints
N/A — No payouts ever processed
Avg Payout Delay
🔍
ALL FIRMS — SEVERITY RANKING

Funded Engineer

fundedengineer.com — Tristian Talbot / Harri Sawicki
95
SHUTDOWN / RUG PULL · → Stable
🚩 14🗣️ 1284⏱️ N/A — No payouts ever processed
Systematic Fraud by ManagementFake Trader Accounts & Wash Trading

Funding Ticks

Funding Pips (rebrand)
94
SHUTDOWN / RUG PULL · ↗ Worsening
🚩 14🗣️ 12⏱️ 34 days
Payout DenialsRetroactive Rules

SurgeTrader

Valo Holdings Group
93
SHUTDOWN / RUG PULL · ↗ Worsening
🚩 10🗣️ 8⏱️ N/A — Shutdown
Founder's Husband: $35M Ponzi SchemeDouble License Revocation

True Forex Funds

TFF
92
SHUTDOWN / RUG PULL · ↗ Worsening
🚩 12🗣️ 10⏱️ N/A — Shutdown
Financial InsolvencyLicense Revoked

FundedFirm

fundedfirm.com — Alleged clone of FundedNext
91
SHUTDOWN / RUG PULL · ↗ Worsening
🚩 17🗣️ 212⏱️ N/A — Most denied
$85M Fabricated PayoutsCloned Website

MyForexFunds

Traders Global Group Inc.
90
SHUTDOWN / RUG PULL · ↘ Improving
🚩 6🗣️ 8⏱️ Pending — Recovery Phase
CFTC Lied to CourtCase Dismissed + Sanctions

Funding Pips

Same CEO as Funding Ticks (Khaled Ayesh)
78
ELEVATED RISK · ↗ Worsening
🚩 8🗣️ 8⏱️ Delays Reported
Same CEO as Funding Ticks7/8 Warning Signs Match

Nova Funding

Nova Funded
75
ELEVATED RISK · ↗ Worsening
🚩 9🗣️ 14⏱️ 22 days
Payout DelaysAccount Breaches

Apex Trader Funding

ATF
62
MODERATE · ↗ Worsening
🚩 7🗣️ 11⏱️ 14 days
Rule ComplexityTrailing Drawdown

Alpha Capital

Alpha Capital Group
58
MODERATE · → Stable
🚩 5🗣️ 9⏱️ 12 days
Profit Split ReductionScaling Limits

QuickFunded

25
LOW CONCERN · → Stable
🚩 2🗣️ 3⏱️ 6 days
Minor Dashboard BugSlow Weekend Support
PropFiles is powered by the trading community
93 evidence items · 11 firms investigated · 100% free

Got evidence? Screenshots, emails, Discord messages? Submit anonymously — we verify and publish within 48h.

METHODOLOGY

How We Score

Each firm is scored 0–100 based on documented evidence only — not opinion, sponsorships, or affiliate deals. Scores can only go up.

90–100
SHUTDOWN / RUG PULL
Firm has closed. Traders lost funds.
70–89
ELEVATED RISK
Active firm with serious documented red flags.
40–69
MODERATE
Active firm with some documented problems.
20–39
LOW CONCERN
Active firm with few reports.
0–19
NO MAJOR ISSUES
No significant complaints documented.
Key rules: Shutdown = automatic 90+. Low scores use neutral language — "no major issues" never means "safe" or "trusted." Scores reflect documented evidence only.

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