Reviewed by PropFirm201 Research Team·At a Glance
Pricing & Challenge Types
Standard Challenge
2 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $10,000 | $99 | 10% | 5% | 5% | 10% |
| $25,000 | $199 | 10% | 5% | 5% | 10% |
| $50,000 | $299 | 10% | 5% | 5% | 10% |
| $100,000 | $499 | 10% | 5% | 5% | 10% |
Pros & Cons
Pros
- Previously offered competitive pricing for challenge accounts
- Multiple account sizes were available
- Standard evaluation structure was straightforward
Cons
- Permanently shut down on March 28, 2024
- Payout delays and poor trading conditions reported before closure
- Managed by Easton Consulting Technologies which also shut down The Funded Trader
Trading Rules
About Skilled Funded Traders
Skilled Funded Traders was a proprietary trading firm founded in 2023 and operated by Easton Consulting Technologies. The firm ceased all operations on March 28, 2024, with an immediate suspension of all activities including the purchase of new challenges.
The shutdown came amid reports of payout delays, poor trading conditions, and platform migration issues when transitioning to cTrader and DXtrade. Former co-founder Riz Iqbal cited a lack of transparency and communication from Easton Consulting as contributing factors. Skilled Funded Traders was the second prop firm under Easton's management to shut down during the same period, following The Funded Trader.
There is no information on whether the firm will resume operations or offer compensation to affected traders.
How It Works
Skilled Funded Traders is no longer operational. The firm previously offered a standard 2-step evaluation challenge.
Pricing & Plans
Skilled Funded Traders is permanently closed. No new challenges can be purchased.
Rules & Restrictions
This firm is no longer operational.
Payouts
Skilled Funded Traders ceased processing payouts at the time of its closure. Multiple traders reported unpaid balances.
Is Skilled Funded Traders Legit?
No. The firm shut down abruptly, leaving traders with unpaid balances. The management company, Easton Consulting Technologies, had a pattern of shutting down prop firm brands. Traders should avoid any attempts to engage with this firm.
FAQ
Is Skilled Funded Traders still operating?
No. The firm permanently ceased all operations on March 28, 2024.
Why did Skilled Funded Traders shut down?
The exact reasons remain unclear, but issues included platform migration problems, payout delays, and a lack of transparency from the management company Easton Consulting Technologies.
Can I get a refund from Skilled Funded Traders?
Recovery of funds is unlikely given the firm's abrupt shutdown and the pattern of closures under its management company.
Who managed Skilled Funded Traders?
Easton Consulting Technologies, which also managed The Funded Trader, another prop firm that shut down around the same period.
Is there an alternative to Skilled Funded Traders?
Traders should look at established, active prop firms with proven payout histories such as FTMO, FundedNext, or The5ers.