Prop Firm Closures, Pauses and Acquisitions: 2026 Status Developments

At a glance

FundedSeat announced it was closing in September 2026, citing platform limitations; Finance Magnates reported the announcement on 29 September.
ATFunded announced a pause in June 2026 while it reviewed its business model; its own notice described a pause, not a permanent closure.
OANDA announced that OANDA Prop Trader would transition to FTMO Group, with the transition period ending 31 March 2026.
Global Solutions Operations announced acquisition of the MyForexFunds brand in September 2026; it said it had not assumed the former operator's liabilities and was not yet offering products under the brand.

Dated developments

Date	Firm / brand	Event classification	What the source says
13 February 2026	PIP Traders Funding	Cessation of operations	The firm's portal published an immediate cessation notice and said it could not issue refunds due to its financial situation.
2–31 March 2026	OANDA Prop Trader	Business transition	OANDA announced a transition of the prop-trading programme into FTMO Group, with a migration/refund route for customers who declined.
June 2026	ATFunded	Pause / suspension	The firm's notice said operations were paused while it reviewed the business and offerings; it promised refunds for active accounts and eligible payouts.
28 September 2026	MyForexFunds brand	Brand acquisition	Global Solutions Operations announced it acquired the brand assets; it said it had not assumed the former operator's liabilities and was not yet selling products.
29 September 2026	FundedSeat	Closure announcement	Finance Magnates reported the firm's closure announcement, citing platform limitations and reporting its statement about pending withdrawals.

How to read these status labels

Closure: the firm or a credible independent source reports that operations have ceased.
Pause: the firm says operations or sales are temporarily suspended while it reviews options; do not relabel this as a permanent closure without new evidence.
Product-line closure: one challenge or programme ends while the wider business continues.
Transition / acquisition: a product or brand moves to another operator; this does not automatically transfer liabilities or customer contracts.
Offline / inaccessible: a website or dashboard cannot be reached. This alone does not prove insolvency or closure.

Why platform access and continuity matter

The FundedSeat report illustrates that platform access can be a material operational dependency. OANDA's transition and the MyForexFunds brand acquisition illustrate a different risk: a familiar brand name may continue to exist while the legal operator, product availability and customer obligations change.

Traders should identify the legal contracting entity, save account agreements and payout records, and monitor official communications—not just the brand's social accounts.

Editorial status policy

PropCoupons labels each event by what the source supports. Official firm statements are used for the firm's own announced actions; independent trade reporting is used for reported events and context. We do not infer insolvency, fraud, unpaid obligations or legal liability from an operational pause, domain outage or brand transaction.

Status records are time-sensitive. This page is a dated snapshot, not a live guarantee that the status has not changed since the stated update.

Frequently asked questions

Is ATFunded permanently closed?

The cited official notice described a pause while the business reviewed its model. This page does not label that notice as a confirmed permanent closure.

Does the MyForexFunds brand acquisition mean the old operator's liabilities transferred?

The buyer's September 2026 announcement explicitly said it had not assumed liabilities or obligations of Traders Global Group. Read the announcement for the distinction.

Does a firm website being offline prove the firm has closed?

No. A site outage or inaccessible dashboard is a warning sign to investigate, but it is not sufficient proof of closure or insolvency.

Official sources

Provider rules can change. Check the linked product terms and FAQs before purchasing; the official source takes precedence over this summary.

PropCoupons is an independent comparison and discount-listing website. This research is informational, not financial advice or a guarantee of payout. Product terms and availability may change.