Closed
Funded Engineer is closed (since 15 Jul 2024)
In an 'Announcement of Ceasing Operations' quoted by FX News Group on 15 Jul 2024, Funded Engineer announced 'the permanent closure of Funded Engineer' and said it 'will be filing for bankruptcy'.
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Is Funded Engineer shut down?
In an 'Announcement of Ceasing Operations' quoted by FX News Group on 15 Jul 2024, Funded Engineer announced 'the permanent closure of Funded Engineer' and said it 'will be filing for bankruptcy'.
What happened to Funded Engineer
On 7 Feb 2024, the firm's technology provider FPFX Technologies terminated its licence. FPFX alleged the firm had run a scheme of fake accounts and fictitious payouts. These are FPFX's allegations, not a court finding. Around 12 Feb 2024 the broker Purple Trading Seychelles suspended MT4/MT5 services. Funded Engineer then attempted a relaunch through Blueberry Markets. PropFirmMatch suspended the firm, citing compromised funded accounts. On 15 Jul 2024 the firm replaced its website with a notice announcing permanent closure and a bankruptcy filing. The domain is now a parked GoDaddy page.
Website today: Parked GoDaddy page ('fundedengineer.com is parked free, courtesy of GoDaddy.com').
If you had an account with Funded Engineer
We found no public claims or refund process for this firm.
General steps: keep your order receipts, account IDs and emails; if you paid by card, ask your card issuer about a chargeback (time limits apply); report losses to your local regulator or consumer agency. PropAnalyse cannot recover funds.
Active cfd prop firms instead
Ranked by PA Score among active firms of the same account type. Firms with a caution are left out.
FAQ
Is Funded Engineer shut down?
Yes. In an 'Announcement of Ceasing Operations' quoted by FX News Group on 15 Jul 2024, Funded Engineer announced 'the permanent closure of Funded Engineer' and said it 'will be filing for bankruptcy'. We list it as closed since 15 Jul 2024; status checked 31 Oct 2026.
When did Funded Engineer close?
15 Jul 2024. In an 'Announcement of Ceasing Operations' quoted by FX News Group on 15 Jul 2024, Funded Engineer announced 'the permanent closure of Funded Engineer' and said it 'will be filing for bankruptcy'.
What does the Funded Engineer website show now?
Parked GoDaddy page ('fundedengineer.com is parked free, courtesy of GoDaddy.com').
Can I still get my money back from Funded Engineer?
We found no public claims or refund process. PropAnalyse cannot recover funds.
What are alternatives to Funded Engineer?
Active firms of the same account type, ranked by PA Score: The5ers, City Traders Imperium, FTMO, FundingPips. Check each firm's own rules before you buy.
Sources
What each source said, as read on 31 Oct 2026. We report these sources; we do not make findings of our own.
- Exclusive: Prop firm Funded Engineer closes, files for bankruptcyFX News Group (fxnewsgroup.com) · 15 Jul 2024
we announce the permanent closure of Funded Engineer ... necessitating the cessation of all operations effective immediately ... Funded Engineer will be filing for bankruptcy.
- FPFX terminates license of prop trading firm Funded Engineer over alleged fraud schemeFX News Group (fxnewsgroup.com) · 7 Feb 2024
FPFX Technologies has announced that it has terminated the license of its client, Dubai based prop trading firm Funded Engineer (allegations by FPFX, not a court finding)
- fundedengineer.com parkedGoDaddy (domain now) · 31 Oct 2026
fundedengineer.com is parked free, courtesy of GoDaddy.com.