Advertiser disclosure
You Come First. No Exceptions.
Compare Prop Firms is an independent, advertising-supported financial comparison service. The offers or products that appear on Compare Prop Firms are from third party advertisers or partners from which Compare Prop Firms receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear. Other factors, such as our proprietary website’s rules impact how and where products appear on the site.
 
The compensation from our advertising partners allows Compare Prop Firms to offer you free access to comparison tools and information. The offers listed on Compare Prop Firms do not encompass the entire universe of products from financial services companies. Because prop firm offers change frequently, please visit the provider site for current information.

AS SEEN IN

🚫 Do Not Trade Prop Firm List May 2026

These prop firms have earned a place on our Do Not Trade list. Whether it’s denied payouts, blocking profitable traders, or ceasing operations without notice, each prop firm below has demonstrated they cannot be trusted with your capital. There are many excellent prop firms in the space – these are not among them.

As Seen In

Trust & Secure

Apex Trader Funding

Apex Trader Funding

2.0

Compare Prop Firms Score

Get Funded
Add to Compare
Rates & Fees

Use promo code xyz123ABC

Status
Active — still operating and accepting new traders
Primary Issue

History of payout denials and retroactive rule changes affecting profitable traders

Our Verdict
Not Recommended — we cannot endorse this firm given its track record
Expand Details
Rule Changes
Policy changes have been applied retroactively, disproportionately impacting profitable accounts
Risk Level
Moderate to High — some traders are paid, but payout reliability is inconsistent
Action
Proceed with caution or choose a more reliable alternative from our recommended list
  • ⚠️ NOT RECOMMENDED: Apex Trader Funding has a documented history of payout denials and retroactive rule changes.
  • STATUS: Still operating — some traders are paid, but payout reliability is inconsistent.
  • VERDICT: We can no longer recommend Apex as a first choice given the volume of unresolved trader complaints.
  • ALTERNATIVE: Visit our Best Futures Prop Firms list for more reliable alternatives.

Pros

  • Still actively operating — not out of business
  • Some traders do successfully receive payouts
  • Wide range of account sizes and evaluation options
  • However: payout reliability concerns mean we cannot recommend this firm at this time.

Pros

  • Still actively operating — not out of business
  • Some traders do successfully receive payouts
  • Wide range of account sizes and evaluation options
  • However: payout reliability concerns mean we cannot recommend this firm at this time.

Cons

  • Documented payout denial history — multiple verified trader reports
  • Retroactive rule changes have impacted profitable traders unfairly
  • Inconsistent rule enforcement — outcomes vary significantly between traders
  • Volume of unresolved trader complaints is too significant to ignore
  • Aggressive promotional discounting does not offset payout reliability concerns

Cons

  • Documented payout denial history — multiple verified trader reports
  • Retroactive rule changes have impacted profitable traders unfairly
  • Inconsistent rule enforcement — outcomes vary significantly between traders
  • Volume of unresolved trader complaints is too significant to ignore
  • Aggressive promotional discounting does not offset payout reliability concerns

Review additional details for

Apex Trader Funding
More Info
Show Less

LeseUp

LeseUp

1.5

Compare Prop Firms Score

Get Funded
Add to Compare
Rates & Fees

Use promo code xyz123ABC

Status
Active — still operating but with serious unresolved issues
Primary Issue

Pattern of payout denials and poor trader treatment reported across communities

Our Verdict
Not Recommended — we strongly advise traders to avoid this firm
Expand Details
Rule Changes
Rules applied inconsistently with outcomes heavily favoring the firm over traders
Risk Level
Very High — significant risk of not receiving earned payouts
Action
Do not open a new account — seek a reputable alternative immediately
  • ⚠️ NOT RECOMMENDED: LeseUp has serious and consistent payout denial reports across multiple trader communities.
  • STATUS: Still operating — but active does not mean traders are being treated fairly or paid what they earn.
  • VERDICT: We strongly advise against trading with LeseUp. Risk of not receiving earned payouts is very high.
  • ALTERNATIVE: Visit our Best Futures Prop Firms list for verified, trustworthy alternatives.

Pros

  • Still actively operating — not out of business
  • However: active operation does not mean traders are being treated fairly or paid what they earn.
  • We find very little to recommend about this firm at this time.

Pros

  • Still actively operating — not out of business
  • However: active operation does not mean traders are being treated fairly or paid what they earn.
  • We find very little to recommend about this firm at this time.

Cons

  • Serious and consistent payout denial reports from multiple trader communities
  • Profitable traders report being blocked or having accounts restricted without clear justification
  • Rules applied in ways that disproportionately benefit the firm
  • Very high risk of not receiving earned payouts
  • Volume and severity of complaints is significantly worse than most firms on this list
  • No meaningful resolution process for affected traders

Cons

  • Serious and consistent payout denial reports from multiple trader communities
  • Profitable traders report being blocked or having accounts restricted without clear justification
  • Rules applied in ways that disproportionately benefit the firm
  • Very high risk of not receiving earned payouts
  • Volume and severity of complaints is significantly worse than most firms on this list
  • No meaningful resolution process for affected traders

Review additional details for

LeseUp
More Info
Show Less

Funding Ticks

Funding Ticks

0.0

Compare Prop Firms Score

Get Funded
Add to Compare
Rates & Fees

Use promo code xyz123ABC

Status
Out of Business — No Longer Operating
Primary Issue

Ceased operations without notice — funded accounts became inaccessible

Our Verdict
Do Not Trade — avoid entirely and do not send money to this firm
Expand Details
Rule Changes
N/A — firm is no longer in operation
Risk Level
Extreme — the firm no longer exists
Action
Contact your payment provider immediately if you have outstanding funds
  • ⚠️ DO NOT TRADE: Funding Ticks is out of business. Do not send money to this firm.
  • STATUS: Ceased operations without notice — funded accounts inaccessible, payouts unresolved.
  • VERDICT: Avoid entirely. Contact your payment provider if you have outstanding funds.
  • ALTERNATIVE: Visit our Best Futures Prop Firms list for trusted, verified alternatives.

Pros

  • ⚠️ There are no redeeming factors for this firm at this time.
  • Funding Ticks is out of business and cannot be recommended under any circumstances.

Pros

  • ⚠️ There are no redeeming factors for this firm at this time.
  • Funding Ticks is out of business and cannot be recommended under any circumstances.

Cons

  • Out of business — firm has ceased all operations
  • Traders left with unresolved payout requests and no recourse through the firm
  • Funded accounts became inaccessible without warning
  • No communication or resolution provided to affected traders

Cons

  • Out of business — firm has ceased all operations
  • Traders left with unresolved payout requests and no recourse through the firm
  • Funded accounts became inaccessible without warning
  • No communication or resolution provided to affected traders

Review additional details for

Funding Ticks
More Info
Show Less

TX3 Funding Futures

TX3 Funding Futures

0.0

Compare Prop Firms Score

Get Funded
Add to Compare
Rates & Fees

Use promo code xyz123ABC

True Funding Fee
Futures program discontinued — Forex only
Profit Split

100% first $10K then 90%

Limited Time Offer
No current offer — futures not available
Expand Details
Account Types
Futures: Discontinued. Forex only.
Days to Payout
N/A — futures program not available
Number of Accounts
N/A — futures program not available
  • DISCONTINUED: TX3 Funding Futures has shut down its futures prop trading program and now operates as Forex-only.
  • STATUS: Futures traders lost access with no public reinstatement timeline.
  • VERDICT: Do not open a futures account — futures program is no longer available.

Pros

  • Forex prop trading program still available
  • Platform infrastructure remains operational for Forex traders

Pros

  • Forex prop trading program still available
  • Platform infrastructure remains operational for Forex traders

Cons

  • Futures program discontinued — no longer accepting futures traders
  • Existing futures traders lost access to their accounts
  • No public timeline for futures program reinstatement
  • Misleading to traders who signed up expecting futures access

Cons

  • Futures program discontinued — no longer accepting futures traders
  • Existing futures traders lost access to their accounts
  • No public timeline for futures program reinstatement
  • Misleading to traders who signed up expecting futures access

Review additional details for

TX3 Funding Futures
More Info
Show Less

NexGen Futures Trader

NexGen Futures Trader

0.0

Compare Prop Firms Score

Get Funded
Add to Compare
Rates & Fees

Use promo code xyz123ABC

Status
Out of Business — No Longer Operating
Primary Issue

Ceased operations without notice — funded accounts became inaccessible

Our Verdict
Do Not Trade — avoid entirely and do not send money to this firm
Expand Details
Rule Changes
N/A — firm is no longer in operation
Risk Level
Extreme — the firm no longer exists
Action
Contact your payment provider immediately if you have outstanding funds
  • ⚠️ DO NOT TRADE: NexGen Futures Trader is out of business. Do not send money to this firm.
  • STATUS: Ceased operations without notice — funded accounts inaccessible, payouts unresolved.
  • VERDICT: Avoid entirely. Contact your payment provider if you have outstanding funds.
  • ALTERNATIVE: Visit our Best Futures Prop Firms list for trusted, verified alternatives.

Pros

  • ⚠️ There are no redeeming factors for this firm at this time.
  • NexGen Futures Trader is out of business and cannot be recommended under any circumstances.

Pros

  • ⚠️ There are no redeeming factors for this firm at this time.
  • NexGen Futures Trader is out of business and cannot be recommended under any circumstances.

Cons

  • Out of business — firm has ceased all operations
  • Traders left with unresolved payout requests and no recourse through the firm
  • Funded accounts became inaccessible without warning
  • No communication or resolution provided to affected traders

Cons

  • Out of business — firm has ceased all operations
  • Traders left with unresolved payout requests and no recourse through the firm
  • Funded accounts became inaccessible without warning
  • No communication or resolution provided to affected traders

Review additional details for

NexGen Futures Trader
More Info
Show Less

Tick Tick Trader

Tick Tick Trader

0.0

Compare Prop Firms Score

Get Funded
Add to Compare
Rates & Fees

Use promo code xyz123ABC

Status
Out of Business — No Longer Operating
Primary Issue

Ceased operations without notice — funded accounts became inaccessible

Our Verdict
Do Not Trade — avoid entirely and do not send money to this firm
Expand Details
Rule Changes
N/A — firm is no longer in operation
Risk Level
Extreme — the firm no longer exists
Action
Contact your payment provider immediately if you have outstanding funds
  • ⚠️ DO NOT TRADE: Tick Tick Trader is out of business. Do not send money to this firm.
  • STATUS: Ceased operations without notice — funded accounts inaccessible, payouts unresolved.
  • VERDICT: Avoid entirely. Contact your payment provider if you have outstanding funds.
  • ALTERNATIVE: Visit our Best Futures Prop Firms list for trusted, verified alternatives.

Pros

  • ⚠️ There are no redeeming factors for this firm at this time.
  • Tick Tick Trader is out of business and cannot be recommended under any circumstances.

Pros

  • ⚠️ There are no redeeming factors for this firm at this time.
  • Tick Tick Trader is out of business and cannot be recommended under any circumstances.

Cons

  • Out of business — firm has ceased all operations
  • Traders left with unresolved payout requests and no recourse through the firm
  • Funded accounts became inaccessible without warning
  • No communication or resolution provided to affected traders

Cons

  • Out of business — firm has ceased all operations
  • Traders left with unresolved payout requests and no recourse through the firm
  • Funded accounts became inaccessible without warning
  • No communication or resolution provided to affected traders

Review additional details for

Tick Tick Trader
More Info
Show Less

Trade Shield

Trade Shield

0.0

Compare Prop Firms Score

Get Funded
Add to Compare
Rates & Fees

Use promo code xyz123ABC

True Funding Fee
N/A — firm is out of business
Profit Split

N/A — no payouts being processed

Limited Time Offer
No offer — firm is closed
Expand Details
Account Types
N/A — all accounts closed
Days to Payout
N/A — platform offline
Number of Accounts
N/A — firm is out of business
  • OUT OF BUSINESS: Trade Shield has shut down and is no longer accepting traders or processing payouts.
  • STATUS: Platform offline. No refunds or account access available.
  • VERDICT: Do not open an account. Do not send funds to this firm.

Pros

  • None — firm is out of business

Pros

  • None — firm is out of business

Cons

  • Out of business — platform is offline with no return date announced
  • Traders cannot access funded accounts or request payouts
  • No refund process available for evaluation fees
  • No communication from firm regarding closure or next steps
  • Traders who held active accounts have lost access with no resolution

Cons

  • Out of business — platform is offline with no return date announced
  • Traders cannot access funded accounts or request payouts
  • No refund process available for evaluation fees
  • No communication from firm regarding closure or next steps
  • Traders who held active accounts have lost access with no resolution

Review additional details for

Trade Shield
More Info
Show Less

Our Most Popular Prop Firms

Connect

Social Media

Facebook Instagram Youtube Discord

Newsletter

Sign up to our newsletter to enhance your trading journey!

General Disclaimer

Compare Prop Firms strives to put the consumer first and to keep its information as accurate and up to date as possible. All offers or products are presented without warranty and may appear differently on Compare Prop Firms than displayed on an institution’s website. When considering any offer, please review the Terms and Conditions of the institution located on the purchase page.

Editorial Note

Our editorial team’s content is not provided or commissioned by any institution or partner. The opinions, reviews or recommendations expressed in any article mention are solely those of our editorial team. Our process for selecting the best prop firms involves thorough research, comparison, and assessment based on specific criteria, with a focus on meeting the diverse needs of our audience. We aim to provide a variety of prop firm options, irrespective of our partnerships.

jQuery(document).ready(function($){ function toggleContent($content,$more,shouldExpand){ if(shouldExpand){ $content.slideDown(function(){$more.hide();$content.find('.less').show()}); }else{ $content.slideUp(function(){$more.show();$content.find('.less').hide()}); } } $(document).on('click','.title',function(event){ event.preventDefault(); var $mainContainer=$(this).closest('.main-container'); var $more=$mainContainer.find('.more'); var $content=$mainContainer.find('.f-content'); var isHidden=$content.is(':hidden'); toggleContent($content,$more,isHidden); }); $(document).on('click','.more',function(event){ event.preventDefault(); var $more=$(this); var $content=$more.next('.f-content'); toggleContent($content,$more,true); }); $(document).on('click','.less',function(event){ event.preventDefault(); var $content=$(this).closest('.f-content'); var $more=$content.prev('.more'); toggleContent($content,$more,false); }); });