MyFundedFX Shutdown 2026: What Happened and Where to Go Now
The desk’s prop firm pick
Quick answer
Myfundedfx Shutdown 2026: the short answer from the KenMacro desk. MyFundedFX (Seacrest) shut down in February 2026 with withdrawals suspended and traders stranded. The desk's honest read on what happened and the prop firm still paying. The desk cross-references every claim against minimum two independent sources before publication.
E8 Markets
Through the prop-sector shakeout, E8 has kept paying and kept operating. Flexible challenge, fast verified payouts, EA and news trading allowed. Confirm the live rules on E8’s own site before you buy.
Start with E8 Markets (code KENMACRO) →
Capital at risk. KenMacro earns a referral commission at no cost to you, this does not change the editorial verdict.
The desk’s verdict
MyFundedFX, operating under Seacrest Funded, ceased operations in February 2026 with client withdrawals suspended and many traders left with unpaid profits. It also dropped US clients before the closure. This follows a wider pattern of more than 80 prop firms shutting down since 2024. Traders affected should treat any unpaid balance as at risk and move forward with a prop firm that has kept paying through the shakeout. The desk routes traders to E8 Markets as the trust anchor.
Prop-firm trading carries significant risk. A proprietary-trading account is rented capital subject to the firm’s rules: a single drawdown breach, a rule change, or a firm shutdown can end the account with no recourse. The majority of evaluation candidates do not reach consistent payouts. Past results, including any case study referenced, are individual and not typical or guaranteed. KenMacro earns a commission on some links at no cost to you, this does not change the editorial verdict. This is educational analysis, not financial advice. Verify any firm or broker independently before depositing.
What happened to MyFundedFX
MyFundedFX, the trading name associated with Seacrest Funded, ceased normal operations in February 2026. Public reports describe suspended withdrawals, unanswered support, and traders stranded with unpaid profits. US clients had already been dropped before the closure. The desk’s read: treat any balance still inside a closed or non-paying firm as at risk, document everything, and do not send more challenge fees into a firm that has stopped paying.
Why this keeps happening to prop firms
More than 80 proprietary trading firms have shut down or paused since 2024. The model is fragile: many firms run on challenge-fee revenue rather than genuine trading profit, so a bad month, a payment-processor change, or a regulatory letter can collapse the whole operation overnight. The trader did nothing wrong, the firm’s structure did. The lesson is not to stop prop trading, it is to only run capital through firms with a long, unbroken payout record, and to never treat a prop balance as a permanent asset.
What to do now if you traded with MyFundedFX
First, screenshot every account statement, payout request, and support ticket while you still can. Second, do not pay for a new challenge at the same firm hoping it reopens. Third, move to a firm that has demonstrably kept paying through the 2024-2026 carnage. The desk’s pick is E8 Markets, which has continued operating and paying verified payouts while peers collapsed.
The desk’s prop firm pick, the survivor
E8 Markets
Through the 2024-2026 prop-firm carnage (80-plus firms shut down, traders left unpaid), E8 Markets has kept paying and kept operating. Flexible challenge structure, fast verified payouts, EA and news trading allowed. The desk routes traders here as the trust anchor after the shutdowns.
Start with E8 Markets (code KENMACRO)
Use code KENMACRO at checkout for any E8 challenge. Prop trading carries significant risk, most candidates do not reach payout.
Documented case study
One desk mentorship student, Jaša T., took a documented run of prop-firm funded payouts (FTMO Challenge passed Feb 2026, full evaluation March, verified payouts April-May) on a sub-50 per cent win rate, the edge being the macro framework and risk sizing, not the hit rate. One individual’s documented result, not typical.
Related from the desk
- The Funded Trader Alternative 2026: Where to Go After the Collapse
- FTMO Alternative 2026: Best Option for US Traders and Rule-Failers
- Is Apex Trader Funding Legit in 2026? The Cap and Consistency Trap
- Is FTMO Safe in 2026? Honest Verdict + the US-Trader Gap
- What To Do With Your Prop Firm Payout in 2026 (Honest Guide)
Frequently asked questions
Is MyFundedFX still operating in 2026?
Public reports indicate MyFundedFX (Seacrest Funded) ceased normal operations in February 2026 with withdrawals suspended. Treat any balance inside the firm as at risk and verify the firm’s current status independently before sending any further funds.
Will I get my MyFundedFX payout?
There is no guarantee. When a prop firm suspends withdrawals, unpaid balances are at high risk. Document everything (statements, payout requests, support tickets) and do not send additional challenge fees expecting a reopening.
What is the safest prop firm after the MyFundedFX shutdown?
No prop firm is risk-free, all are rented capital. The desk’s pick is E8 Markets, which has kept operating and paying verified payouts through the 2024-2026 wave of closures. Use code KENMACRO.
Should I trust prop firms at all after this?
Prop firms remain a legitimate way to access leverage and payouts, but only with firms that have an unbroken payout record, and only if you also build a private regulated account you fully own as a breach-proof asset alongside the prop income.
Prop-firm trading carries significant risk. A proprietary-trading account is rented capital subject to the firm’s rules: a single drawdown breach, a rule change, or a firm shutdown can end the account with no recourse. The majority of evaluation candidates do not reach consistent payouts. Past results, including any case study referenced, are individual and not typical or guaranteed. KenMacro earns a commission on some links at no cost to you, this does not change the editorial verdict. This is educational analysis, not financial advice. Verify any firm or broker independently before depositing.
Educational analysis only, not financial advice. KenMacro earns a referral commission on some links at no cost to you. Verify any prop firm or broker independently before depositing.
Looking for the firm that actually pays? See the desk’s guide to the top prop firms for 2026, compared honestly on profit split, drawdown, payout speed and cost.
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