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International · founded 2023

Funded Engineer

ClosedCritical

Closed archive: do not treat as a current buying option.

From
To verify
Profit split
N/A
Drawdown
Hybrid
News trading
Not recommended
Proof level
Partially verified
Last review
Payout
Not applicable
Offers

Funded Engineer programs and prices

0 programs on file

No active product recommended

This firm remains in the radar as a historical risk signal, but should not be considered a buying option.

Funded Engineer closure file

Is Funded Engineer closed?

Critical risk

Yes. Funded Engineer announced permanent closure on July 15, 2024 and said it intended to file for bankruptcy. The shutdown followed technology and brokerage-provider disruptions. The public notice did not provide a complete account of pending payouts, refunds or a final claims process.

  • FPFX Technologies terminated its license and services agreement in February 2024.
  • Brokerage changes and close-only account restrictions added another operational dependency failure.
  • The firm announced immediate permanent closure and planned bankruptcy on July 15, 2024.
  • The closure announcement did not specify a complete pending-payout resolution.
  • Old challenge pages and review ratings are historical, not a current buying signal.
Dated audit case

Why did Funded Engineer close?

Funded Engineer permanently ceased operations on July 15, 2024 and said it would file for bankruptcy after restructuring, cost cutting and investment efforts failed. The closure followed earlier technology and brokerage disruptions. The public announcement did not establish how every pending payout or refund would be treated.

Closed / bankruptcy archive
Operational dependency chain linking a prop firm to its platform, broker, payment and legal providers
Platform access, broker routing, payment verification and legal continuity are separate dependencies. One failure can change the whole firm status.
  1. Technology-provider relationship terminated

    Finance Magnates reported that FPFX Technologies terminated its license and services after an audit. The allegations belonged to the provider statement and should not be expanded beyond the published record.

    Open dated source
  2. Broker accounts moved to close-only

    Finance Magnates reported that Blueberry Markets set prop accounts to close-only, affecting Funded Engineer and other firms dependent on the same brokerage route.

    Open dated source
  3. Permanent closure announced

    Funded Engineer announced immediate permanent closure and an intended bankruptcy filing. The notice did not specify a complete pending-payout process.

    Open dated source
Still unresolved

What the public record does not prove.

  • The bankruptcy filing, entity and claims process require archived corporate or court documents.
  • No complete public reconciliation of pending payouts or refunds was captured.
  • Old Trustpilot reviews and affiliate pages are not current status evidence.
Official sourceFunded Engineer former official domainFinancial pressFinance Magnates FPFX license-termination reportFinancial pressFinance Magnates on Blueberry close-only accountsFinancial pressFinance Magnates permanent-closure report

Reliability profile

PayoutCritical riskLegalCritical riskReview reliability≈ Not assessedReview authenticity≈ Not assessedProof levelPartially verified

Bigger shape = safer on that axis. Hollow dot = provisional value.

What the file proves

  • Legal entityPartial fileThe legal entity is not strong enough to treat this as fully verified.
  • Regulatory riskCritical6 source link(s) saved for the legal and operating file.
  • Payout proofInsufficientPayout risk is critical with no sourced payout signal.
  • Source depthDeep source stack5 audit channel(s) checked by PropRadar.
Open the legal file

Points to check

  • Closed/archived profile, not a current purchase option.
  • Live official site did not provide usable legal text in this pass.
  • Do not rely on old promotions, affiliate pages or cached screenshots as current status evidence.
  • Any historical refund or payout claim needs dated evidence because no live legal text was captured.

Before you pay

  1. Open the official source links saved by PropRadar.
  2. Look for recent payout proof, denials and KYC complaints.
  3. Read the regulatory section before any checkout.
  4. Match the exact product rules with your strategy before scaling size.
Legal file
Legal riskCriticalChecked

Critical closure and bankruptcy archive. The public timeline now documents technology-license loss, brokerage disruption and the July 15, 2024 permanent closure announcement. The former operator entity, any bankruptcy docket and the final payout/refund process still require archived legal records.

1 entity · no country identified yet

  1. Country to verify
    1Funded Engineer

    Former brand/operator to identify from archived legal pages, invoices and payment records.

Country markers only come from official lists: FATF increased monitoring (2026-10-30) and the EU tax lists (2026-10-09). No marker does not mean a country, or a firm, is safe: a regulator link only says who supervises financial firms there, not that this firm is licensed. See where all tracked firms are registered →

4Red flags
  • Closed/archived profile, not a current purchase option.
  • Live official site did not provide usable legal text in this pass.
  • Do not rely on old promotions, affiliate pages or cached screenshots as current status evidence.
  • Any historical refund or payout claim needs dated evidence because no live legal text was captured.
6Regulator status
  • FPFX Technologies terminated its license and services agreement with Funded Engineer in February 2024.
  • Brokerage changes and close-only account restrictions created an additional service interruption in March 2024.
  • Funded Engineer announced permanent closure and an intended bankruptcy filing on July 15, 2024.
  • Current official legal entity not confirmed from live primary pages.
  • Operating status treated as closed in PropRadar.
  • Regulator and public-warning checks should be repeated only for historical risk classification.
2Complaints and disputes
  • The permanent-closure announcement did not specify how every pending payout or refund would be handled.
  • Historical complaints should be classified around closure, payout obligations, refunds and account access.
6Legal sources
Reviews and payouts

What traders report

Payout riskCriticalPayout check
Trustpilot—No Trustpilot rating on file.
  • Trustpilot ratingNot assessed—Not assessed: no Trustpilot rating on file
  • Review authenticityNot assessed—Not assessed: no review alert on file
  • Payout safety4no sourced payout signal

Payout: CriticalRead traders yourself:Reddit payoutsReddit reviewsX payoutsX reviews

The radar detects significant payout risk: read the rules and recent feedback before any purchase.

Insufficient payout proofFragile or unverified legal structureRecent changes to check
Score breakdownTrustpilot, payout and review-manipulation scores, with the flags behind them
Trustpilot review reliability
50/100
Not assessedProvisional score
Review alerts not counted

Trustpilot rating is not filled in PropRadar: the radar applies a conservative weighting.

Raw ratingNot filled in PropRadar
StatusNot assessed
Payout risk
96/100
Critical

Closed firm: not a purchase option. See the sources and update history below.

Visible proofInsufficient
IncidentsNo detailed incident in PropRadar
Last check2026-07-19
Filtered Trustpilot

No fake-review alert has been counted by PropRadar for this firm. Check the Trustpilot page for its own transparency notices.

  • Raw rating not filled
  • Do not use Trustpilot alone
Manipulable Reviews
—
Not assessed
BaseTrustpilot notices and hand-counted fake-review alerts only
Review alertNot counted
StatusNot assessed
Related research

Guides that cover Funded Engineer

Before paying

Funded Engineer: common questions

When did Funded Engineer close?

Funded Engineer announced the immediate permanent cessation of operations on July 15, 2024 and said it would file for bankruptcy.

Why did Funded Engineer close?

The firm said restructuring, cost cutting and investment efforts had failed. Its closure followed earlier technology-license and brokerage disruptions documented by Finance Magnates.

Were all Funded Engineer payouts resolved?

No complete public reconciliation was captured. The closure announcement did not specify the treatment of every pending payout or refund, so historical claims require dated account and legal records.

Is Funded Engineer a safe prop firm?

Funded Engineer is classified by PropRadar as "Avoid for now" with a 10/100 score and critical risk posture. This is not a guarantee: read the legal file, payout rules and official terms before paying.

Is Funded Engineer legally verified?

Partial file. The current regulatory file is rated Critical, with 6 saved source link(s) and a last legal check dated 2026-07-19.

Does Funded Engineer have payout risk?

PropRadar rates payout risk as critical with no sourced payout signal. Visible payout proof is classified as insufficient.

What should I check before buying Funded Engineer?

Closed/archived profile, not a current purchase option. Live official site did not provide usable legal text in this pass.

Does PropRadar have an affiliate relationship with Funded Engineer?

Commercial status: No affiliate link. Affiliate status never protects a firm from score penalties, watchlist status or payout-risk warnings.

Sources

Proof and update history

Partially verified

Closure timeline updated July 19, 2026. Finance Magnates documented FPFX Technologies terminating its license and services in February 2024, later brokerage and close-only disruption, and Funded Engineer announcing permanent closure on July 15, 2024 with an intended bankruptcy filing. The closure notice did not specify a complete pending-payout process. The live domain still provides no usable current legal text.

CheckedOfficial domain reachabilityFinance Magnates FPFX reportFinance Magnates broker-dependency reportFinance Magnates bankruptcy/closure reportTrustpilot history

Incidents on file

No detailed independent incident recorded. The profile stays cautious until rules, payouts and recent reviews are sourced more precisely.

Risk archive kept to avoid misleading searches.

Sources to check

Last review 2026-07-19. Prices and rules can change: recheck the official sources before any decision.