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United Arab Emirates - Founded 2023

KortanaFX

Status - WatchlistRisk - Watchlist

Official announcement says operations are temporarily paused after losing the MT5 license. Do not treat as an active recommendation until the firm publishes a working platform/legal update.

PropRadar score
42/100

Weighted from rules, payouts, public reviews and proof level.

No affiliate link
Set alertCompare
Minimum price$147
Profit split100%
DrawdownHybrid
News tradingVariable
Payoutto verify
Proof levelPartially verified
Last review2026-06-29
Payout riskHigh
Trustpilot reliabilityLow
PropRadar actionAvoid for now

The current signals are too weak or risky for a fresh purchase. Treat the page as due diligence, not a buying recommendation.

Risk postureWatchlistScore 42/100, payout risk high.
Regulatory fileHigh4 source link(s) available.
Community signal27/100Reddit, X/Twitter, Trustpilot and payout signals combined.
Profile-specific evidence
  • Operations paused after MT5 license loss.
  • No active recommendation until operations and platform access are restored.
  • Broad forbidden-trading and refund-denial clauses.
  • United Arab Emirates legal venue may be difficult for many retail users.
Before paying
  • Open the official source links saved by PropRadar.
  • Look for recent payout proof, denials and KYC complaints.
  • Read the regulatory section before any checkout.
  • Match the exact product rules with your strategy before scaling size.
Due Diligence Snapshot

What the profile proves before checkout

Open legal file
Legal entityEntity mappedThe profile has a mapped legal entity or official operating structure.
Regulatory riskHigh4 source link(s) saved for the legal and operating file.
Payout proofNeeds contextPayout risk is high with 4 tracked signal(s).
Source depthUsable source stack5 audit channel(s) checked by PropRadar.

PropRadar separates operating status, legal entity mapping, payout evidence and commercial conflicts so a high discount or public rating does not hide purchase risk.

Regulatory Check

Legal entities, regulator status and red flags

Regulatory risk - High
Last checked2026-07-08
High

High operational risk. Kortana provides useful UAE entity and simulated/no-deposit legal language, but the official announcement says all operations are paused after the loss of the MT5 license. That makes payout/account-continuity and platform migration risk more important than the headline challenge terms.

Audit sources4
Identified Legal Entities
KortanaFX F.Z.C.United Arab Emirates
Office 906, Al Serkal Building 2, Port Saeed, Dubai, UAE

Website owner/operator disclosed in official footer.

Regulator Status
  • Official announcement says operations are paused until further notice after the firm lost its MT5 license.
  • Terms say services consist of tools for simulated trading, analytics, training and educational materials.
  • Terms say trading through the services is not real and demo funds are fictitious.
  • Footer says fees are not deposits, Kortana does not offer financial advice and does not issue or deal in financial products.
  • Terms say legal relations are governed by UAE law and disputes fall under UAE courts with local jurisdiction for the provider.
Complaints & Disputes
  • Refund policy says consumers lose the 14-day withdrawal right once they start demo trades.
  • Terms say customers are not entitled to refunds if they cancel, fail, violate terms or terminate services prematurely.
  • Operational pause requires manual review of legacy accounts, open payouts, refunds and platform replacement notices.
Red Flags
  • Operations paused after MT5 license loss.
  • No active recommendation until operations and platform access are restored.
  • Broad forbidden-trading and refund-denial clauses.
  • United Arab Emirates legal venue may be difficult for many retail users.
Reviews, Reddit and payouts

Filtered community signal

Aggregated signal27/100Reddit, X/Twitter, Trustpilot reliability and payout risk combined.
Reddit30/100
99 public mention(s) · +23 / -54
X/Twitter25/100
102 public mention(s) · +19 / -56
Trustpilot32/100
Raw rating not filled · Low
Last payout check2026-06-29Recurring incidents · 4 tracked signal(s)
Raw Reddit score
30/100
NegativeManual raw score
23 positive54 negative22 neutral

high complaint volume to classify

SourcePropRadar raw score, manual review to complete
Raw volume99 review(s) / mention(s)
ConfidenceStrong
Raw X/Twitter score
25/100
NegativeManual raw score
19 positive56 negative27 neutral

Raw PropRadar score: public complaints and X/Twitter threads to cross-check with recent payouts

SourcePropRadar raw score, manual review to complete
Raw volume102 review(s) / mention(s)
ConfidenceMedium
Trustpilot review reliability
32/100
LowProvisional score
4 tracked review alert(s)

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

Raw ratingNot filled in PropRadar
SourceLink or review to complete
StatusProvisional score
Payout risk
80/100
High

Recurring incidents · 4 tracked signal(s)

Visible proofTracked signal, independent proof to publish
Incidents4 documented signal(s)
Last check2026-06-29
Manual Reddit/X Review

Manual collection queue

Search ready

The manual collection queue is ready: specific Reddit and X posts still need to be opened, classified and linked before they strengthen the raw scores.

Reddit flags
  • Repeated complaints to classify
  • Noisy community signal
  • Verify recent posts
X/Twitter watch
  • Public threads to reread
  • Verify complaint dates
  • Cross-check with Discord and Trustpilot
Filtered Trustpilot

4 tracked review alert(s) in PropRadar. Confirm on the firm's Trustpilot transparency page.

  • Raw rating not filled
  • Do not use Trustpilot alone
Manipulable Reviews
68/100
Medium
BaseTrustpilot + incidents + marketing signals
Review alert4 tracked alert(s)
StatusLow
Radar Verdict

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

  • Payout claimed or reported, public proof to verify
  • Legal structure identified
  • Recent changes to check
Products

Tracked offers

Challenge

KortanaFX Challenges

HFT-friendly simulated funding challenges up to $200k, but the official site currently announces that operations are paused after losing the MT5 license.

Account$5,000 - $200,000
Fee$147+
Target8% / 5% on displayed challenge table
Max drawdown10%
Daily loss5%
Splitup to 100% depending on conditions
Platforms
  • DXTrade
  • cTrader
  • TradeLocker planned
  • MT5 paused/lost license
Assets
  • Forex
  • CFD
  • To verify by platform
HFT friendly; broad forbidden-trading discretion in Terms still applies.
Open official offer
Related Research

PropRadar guides related to KortanaFX

These links connect the firm page to the searches traders actually type before choosing.

Legal due diligenceProp Firm Legal Check: Entities, Terms and Red FlagsA prop firm can be legitimate enough to research but still not be a regulated broker or investment firm. The useful legal check starts with the contracting entity, jurisdiction, simulation disclaimer, regulator status, payment terms and payout dispute clauses.CFD comparisonFunderPro vs The5ers: news, EA, swing and payoutFunderPro can appeal to traders who want news, EA and swing flexibility. The5ers has a more established and conservative profile depending on the selected program.Payout searchFast Payout Prop Firms: Proof, Delays and TrapsA fast payout is useful only if the conditions are clear: minimum withdrawal, required trading days, caps, split, public feedback and incident history.TrustReliable Prop Firms: Reviews, Payouts and ProofA reliable prop firm combines clear rules, official sources, payout history, consistent community feedback, independent press/regulator checks and visible commercial conflicts.
Decision FAQ

KortanaFX questions before paying

Short answers built from the current PropRadar score, regulatory file, payout risk and source stack.

Is KortanaFX a safe prop firm?

KortanaFX is classified by PropRadar as "Avoid for now" with a 42/100 score and watchlist risk posture. This is not a guarantee: read the legal file, payout rules and official terms before paying.

Is KortanaFX legally verified?

Entity mapped. The current regulatory file is rated High, with 4 saved source link(s) and a last legal check dated 2026-07-08.

Does KortanaFX have payout risk?

PropRadar rates payout risk as high with 4 tracked signal(s). Visible payout proof is classified as needs context.

What should I check before buying KortanaFX?

Operations paused after MT5 license loss. No active recommendation until operations and platform access are restored.

Does PropRadar have an affiliate relationship with KortanaFX?

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

Operational Risk

Incidents and signals

  • Universe entry: rules, fees, payouts and recent reviews must be rechecked before buying.

Community signal to enrich with Reddit, Trustpilot, Discord and recent payout proof.

Sources

Proof level

Partially verified

Official site, Terms and Refund Policy checked. Kortana announces operations are paused until further notice because it lost its MT5 license. Footer discloses KortanaFX F.Z.C. at Office 906, Al Serkal Building 2, Port Saeed, Dubai, UAE. Terms say services are simulated trading tools, demo funds are fictitious, trading is not real, no investment services/advice are provided, fees are not deposits and trading occurs on demo accounts only.

Official siteTermsRefund PolicyFAQ/rules linkTrustpilot search

Sources to check

Last review: 2026-06-29. Prices and rules should be rechecked on official sources before any decision.