{
  "study": "payout-disclosure",
  "date": "2026-09-06",
  "method": "For every firm FirmFax tracks we looked for dated, firm-published evidence that a payout happened: a ledger of payouts carrying dates, a dated payout report, or a dated case study naming an amount. Where a firm's record already held such evidence it is listed under withProof. Where it did not, we read the firm's own site and recorded what it publishes instead. An empty payoutProof field records the outcome of our search; it is not a finding that a firm has never paid a trader.",
  "evidenceBar": "A date, an amount, and the firm publishing both itself. A lifetime total with no as-of date does not clear it; nor does a certificate with no date, nor a policy page explaining how withdrawals work.",
  "patterns": {
    "undated-total": "Publishes an aggregate amount paid with no as-of date attached.",
    "undated-showcase": "Publishes individual names, amounts, certificates or videos, none of them dated, and no aggregate.",
    "policy-only": "Publishes payout mechanics — split, speed, frequency, denial claims — and no amounts.",
    "nothing-found": "We found no payout figure and no payout claim of any kind.",
    "blocked": "The site could not be read: an HTTP 403, a bot interstitial, or an empty body."
  },
  "counts": {
    "firms": 71,
    "withProof": 23,
    "withoutProof": 48,
    "proofEntries": 25,
    "byPattern": {
      "undated-total": 18,
      "undated-showcase": 8,
      "policy-only": 13,
      "nothing-found": 3,
      "blocked": 6
    }
  },
  "withProof": [
    {
      "slug": "apex",
      "name": "Apex Trader Funding",
      "entries": [
        {
          "date": "2026-09-05",
          "evidenceUrl": "https://apextraderfunding.com/payouts"
        }
      ]
    },
    {
      "slug": "blue-guardian",
      "name": "Blue Guardian",
      "entries": [
        {
          "date": "2026-09-01",
          "evidenceUrl": "https://www.blueguardian.com/payouts"
        }
      ]
    },
    {
      "slug": "blue-guardian-futures",
      "name": "Blue Guardian Futures",
      "entries": [
        {
          "date": "2026-09-01",
          "evidenceUrl": "https://www.blueguardian.com/payouts"
        }
      ]
    },
    {
      "slug": "breakout",
      "name": "Breakout",
      "entries": [
        {
          "date": "2026-08-26",
          "evidenceUrl": "https://www.breakoutprop.com/article/cryptohu-all-time-leaderboard/"
        }
      ]
    },
    {
      "slug": "city-traders-imperium",
      "name": "City Traders Imperium",
      "entries": [
        {
          "date": "2026-09-02",
          "evidenceUrl": "https://citytradersimperium.com/cti-payout-proof/"
        }
      ]
    },
    {
      "slug": "daytraders",
      "name": "DayTraders",
      "entries": [
        {
          "date": "2026-09-04",
          "evidenceUrl": "https://daytraders.com/payouts"
        }
      ]
    },
    {
      "slug": "dominion-funding",
      "name": "Dominion Funding",
      "entries": [
        {
          "date": "2026-09-05",
          "evidenceUrl": "https://trader.dominionfunding.trade/achievement-public?certificateId=KioFCNcVqV"
        }
      ]
    },
    {
      "slug": "e8-futures",
      "name": "E8 Futures",
      "entries": [
        {
          "date": "2026-09-05",
          "evidenceUrl": "https://e8futures.com/e8-traders-stories"
        }
      ]
    },
    {
      "slug": "e8-markets",
      "name": "E8 Markets",
      "entries": [
        {
          "date": "2026-09-05",
          "evidenceUrl": "https://e8markets.com/e8-traders-stories"
        }
      ]
    },
    {
      "slug": "elite-trader-funding",
      "name": "Elite Trader Funding",
      "entries": [
        {
          "date": "2026-09-05",
          "evidenceUrl": "https://elitetraderfunding.app/payouts"
        }
      ]
    },
    {
      "slug": "finotive-funding",
      "name": "Finotive Funding",
      "entries": [
        {
          "date": "2026-09-05",
          "evidenceUrl": "https://finotivefunding.com/payouts"
        }
      ]
    },
    {
      "slug": "fintokei",
      "name": "Fintokei",
      "entries": [
        {
          "date": "2025-12-31",
          "evidenceUrl": "https://www.fintokei.com/payouts"
        }
      ]
    },
    {
      "slug": "ftmo",
      "name": "FTMO",
      "entries": [
        {
          "date": "2024-02-09",
          "evidenceUrl": "https://ftmo.com/en/blog/we-pay-millions-in-payouts-to-our-ftmo-traders/"
        }
      ]
    },
    {
      "slug": "funded-futures-family",
      "name": "Funded Futures Family",
      "entries": [
        {
          "date": "2026-09-03",
          "evidenceUrl": "https://www.fundedfuturesfamily.com/august-2026-payout-report/"
        },
        {
          "date": "2026-08-24",
          "evidenceUrl": "https://www.fundedfuturesfamily.com/payout-data/"
        }
      ]
    },
    {
      "slug": "fundednext-cfds",
      "name": "FundedNext CFDs",
      "entries": [
        {
          "date": "2026-09-05",
          "evidenceUrl": "https://fundednext.com/reward"
        }
      ]
    },
    {
      "slug": "fundednext-futures",
      "name": "FundedNext Futures",
      "entries": [
        {
          "date": "2026-09-05",
          "evidenceUrl": "https://fundednext.com/reward"
        }
      ]
    },
    {
      "slug": "fxify",
      "name": "FXIFY",
      "entries": [
        {
          "date": "2026-04-30",
          "evidenceUrl": "https://fxify.com/blog/fxify-3rd-anniversary/"
        }
      ]
    },
    {
      "slug": "hola-prime-futures",
      "name": "Hola Prime Futures",
      "entries": [
        {
          "date": "2026-03-15",
          "evidenceUrl": "https://holaprime.com/blogs/inside-hola-prime/deloitte-review-confirms-hola-primes-1-hour-payouts-and-zero-denials/"
        }
      ]
    },
    {
      "slug": "hyrotrader",
      "name": "HyroTrader",
      "entries": [
        {
          "date": "2026-02-23",
          "evidenceUrl": "https://www.hyrotrader.com/"
        }
      ]
    },
    {
      "slug": "instant-funding",
      "name": "Instant Funding",
      "entries": [
        {
          "date": "2026-05-31",
          "evidenceUrl": "https://instantfunding.com/may-2026-recap-485996-paid-out-ftp-acquisition-community-growth/"
        },
        {
          "date": "2026-07-31",
          "evidenceUrl": "https://instantfunding.com/monthly-snapshot-july/"
        }
      ]
    },
    {
      "slug": "topstep",
      "name": "Topstep",
      "entries": [
        {
          "date": "2025-12-31",
          "evidenceUrl": "https://www.topstep.com/instant-payouts"
        }
      ]
    },
    {
      "slug": "tradeday",
      "name": "TradeDay",
      "entries": [
        {
          "date": "2025-12-01",
          "evidenceUrl": "https://www.tradeday.com/about"
        }
      ]
    },
    {
      "slug": "traders-launch",
      "name": "Traders Launch",
      "entries": [
        {
          "date": "2025-08-26",
          "evidenceUrl": "https://traderslaunch.com/results"
        }
      ]
    }
  ],
  "withoutProof": [
    {
      "slug": "10four",
      "name": "10FOUR",
      "website": "https://10four.com",
      "pattern": "policy-only",
      "probedAt": "2026-09-05",
      "observed": "Every payout mention is policy language — 90% split, 24-hour payout guarantee, no payout windows. No figure and no date anywhere on the site. /payouts, /payout, /payout-report, /certificates, /payout-proof, /transparency and /leaderboard are all answered by the SPA with the homepage."
    },
    {
      "slug": "alpha-capital-group",
      "name": "Alpha Capital Group",
      "website": "https://alphacapitalgroup.uk",
      "pattern": "policy-only",
      "probedAt": "2026-09-06",
      "observed": "Publishes \"$100,000,000 Performance Fees\" as a metric, described as provided to its analysts worldwide. Read as a scale claim rather than a payout total, and undated either way. No payout table."
    },
    {
      "slug": "alpha-futures",
      "name": "Alpha Futures",
      "website": "https://alpha-futures.com",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"$70M Performance Fees Paid\", repeated across the page with no as-of date and no supporting table."
    },
    {
      "slug": "aquafunded-futures",
      "name": "AquaFunded Futures",
      "website": "https://www.aquafunded.com/futures",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"Total Rewards: $8,000,000+\", alongside an average reward of $2,450 and a highest payout of $119,175. No date on any of the three."
    },
    {
      "slug": "audacity-capital",
      "name": "Audacity Capital",
      "website": "https://audacity.capital/",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"Over $250M paid out\" in the hero, repeated as \"Celebrating $250M in payouts\". No as-of date and no breakdown."
    },
    {
      "slug": "blueberry-funded",
      "name": "Blueberry Funded",
      "website": "https://blueberryfunded.com/",
      "pattern": "blocked",
      "probedAt": "2026-09-06",
      "observed": "The homepage returned an interstitial reading \"Please wait / We are optimizing your request for the best experience\" rather than page content, and /payouts returned 404. Nothing was read, so nothing is claimed."
    },
    {
      "slug": "blusky",
      "name": "BluSky Trading",
      "website": "https://blusky.pro",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"Over $15M Paid Out in Total\" in the hero, repeated as \"More than $15,000,000\". No date, no table, no individual records."
    },
    {
      "slug": "brightfunded",
      "name": "BrightFunded",
      "website": "https://brightfunded.com",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"13 M+ Paid in Rewards\", with named individual payouts beneath it (e.g. \"Florian. $119,795.57\"). Neither the total nor the individual rows carry a date."
    },
    {
      "slug": "bulenox",
      "name": "Bulenox",
      "website": "https://bulenox.com",
      "pattern": "policy-only",
      "probedAt": "2026-09-06",
      "observed": "The homepage advertises \"Daily Payouts\" and uses the words \"payout proof\", but publishes no aggregate figure, no individual records and no dates."
    },
    {
      "slug": "crypto-fund-trader",
      "name": "Crypto Fund Trader",
      "website": "https://cryptofundtrader.com",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"+$ 21270544 PAID TO CFT TRADERS\" — a counter precise to the dollar with no as-of date attached."
    },
    {
      "slug": "earn2trade",
      "name": "Earn2Trade",
      "website": "https://www.earn2trade.com",
      "pattern": "nothing-found",
      "probedAt": "2026-09-06",
      "observed": "No cumulative payout figure, no payout table and no dated payout claim found on the homepage."
    },
    {
      "slug": "falcon-funded",
      "name": "Falcon Funded",
      "website": "https://falconfunded.com/",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"Over 10,000 traders worldwide & 1.5 million in payouts approved\", plus six named certificate cards (Sara $46,738, Paul $2,438, Mohammed $10,103, Maria $7,431, Lucas $16,523, Frank $41,356). No date on the total or on any certificate."
    },
    {
      "slug": "for-traders",
      "name": "For Traders",
      "website": "https://fortraders.com/",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"$10M+ Paid to traders\", repeated across the page, with named testimonials beneath (e.g. Daniel M., Czechia, $41,104). A \"View all rewards\" link leads to a rewards page; no dated table was found."
    },
    {
      "slug": "ftuk",
      "name": "FTUK",
      "website": "https://ftuk.com/",
      "pattern": "undated-total",
      "probedAt": "2026-09-05",
      "observed": "The site does publish ftuk.com/payouts, but it is a legal document — \"Payouts / Issue Date: January 11, 2025\" followed by the Funded Account Disclaimer — with no amounts and no records. The only figure published is an undated homepage counter reading \"+$12,000,000\"."
    },
    {
      "slug": "funded-crypto-family",
      "name": "Funded Crypto Family",
      "website": "https://www.fundedcryptofamily.com/",
      "pattern": "nothing-found",
      "probedAt": "2026-09-06",
      "observed": "The site returns \"Funded Crypto Family is coming soon\". Nothing about payouts is published, which is what you would expect of a brand that has not launched."
    },
    {
      "slug": "funded-futures-network",
      "name": "Funded Futures Network",
      "website": "https://fundedfuturesnetwork.com",
      "pattern": "undated-showcase",
      "probedAt": "2026-09-05",
      "observed": "A rotating homepage toast reads \"Recent Payout — Bro***** received $685\" with no date anywhere in the markup, and the copy claims the firm has \"paid out millions\" with no as-of stamp. Its sitemap of roughly 200 URLs carries no payout, proof or transparency page."
    },
    {
      "slug": "funded-trading-plus",
      "name": "Funded Trading Plus",
      "website": "https://www.fundedtradingplus.com",
      "pattern": "blocked",
      "probedAt": "2026-09-06",
      "observed": "The site returned HTTP 403 to our request. No read was obtained, so no finding is recorded."
    },
    {
      "slug": "fundedseat",
      "name": "FundedSeat",
      "website": "https://fundedseat.com",
      "pattern": "nothing-found",
      "probedAt": "2026-09-06",
      "observed": "No aggregate figure, no individual payout records and no dates found. The homepage carries promotional and community content only."
    },
    {
      "slug": "funderpro-futures",
      "name": "FunderPro Futures",
      "website": "https://funderprofutures.com",
      "pattern": "policy-only",
      "probedAt": "2026-09-06",
      "observed": "Describes reward mechanics — \"80% split every time you make $100\" — and publishes no historical payout data of any kind."
    },
    {
      "slug": "funding-traders",
      "name": "Funding Traders",
      "website": "https://fundingtraders.com/",
      "pattern": "undated-showcase",
      "probedAt": "2026-09-06",
      "observed": "A \"Real Live Payouts\" carousel of individual names, amounts, countries and account types, with no date on any entry and no cumulative total."
    },
    {
      "slug": "fundingpips",
      "name": "FundingPips",
      "website": "https://fundingpips.com",
      "pattern": "blocked",
      "probedAt": "2026-09-06",
      "observed": "The site returned HTTP 403 to our request. No read was obtained, so no finding is recorded."
    },
    {
      "slug": "fundingticks",
      "name": "FundingTicks",
      "website": "https://www.fundingticks.com",
      "pattern": "blocked",
      "probedAt": "2026-09-06",
      "observed": "The request returned a document with a title and no readable body, so nothing could be assessed."
    },
    {
      "slug": "futureselite",
      "name": "FuturesElite",
      "website": "https://futureselite.com",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"$4.2M+ Total paid out to traders\", plus a Payout Certificates section of images and named amounts (Vivian Tony $6,570, Brian $24,000). No date on the total or on any certificate."
    },
    {
      "slug": "goat-funded-futures",
      "name": "Goat Funded Futures",
      "website": "https://goatfundedfutures.com",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "Two different totals on one page: \"$25M+ In payouts across the brand\" in one section and \"$23M PAID OUT ACROSS THE BRAND\" in another. Neither is dated, which is part of why they can disagree. /payouts answers with the homepage."
    },
    {
      "slug": "goat-funded-trader",
      "name": "Goat Funded Trader",
      "website": "https://www.goatfundedtrader.com",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"$29 MILLION\" under \"Paid in rewards\", with individual certificate cards below. No date on the total or the cards."
    },
    {
      "slug": "lark-funding",
      "name": "Lark Funding",
      "website": "https://larkfunding.com",
      "pattern": "undated-showcase",
      "probedAt": "2026-09-06",
      "observed": "The total-rewards counter renders as \"Approaching $0+\" — a placeholder that appears never to have been wired to a figure. Individual payout certificates are shown; none is dated."
    },
    {
      "slug": "leeloo-trading",
      "name": "Leeloo Trading",
      "website": "https://www.leelootrading.com",
      "pattern": "policy-only",
      "probedAt": "2026-09-06",
      "observed": "References payouts through periodic performance-based contests and names winners by country, but publishes no amounts, no aggregate and no dates."
    },
    {
      "slug": "legends-trading",
      "name": "Legends Trading",
      "website": "https://www.thelegendstrading.com",
      "pattern": "undated-showcase",
      "probedAt": "2026-09-06",
      "observed": "Individual trader payouts shown next to equity-growth percentages ($7,102 and $31,507.05 among them). No aggregate, no dates, no report."
    },
    {
      "slug": "lucid-trading",
      "name": "Lucid Trading",
      "website": "https://lucidtrading.com",
      "pattern": "policy-only",
      "probedAt": "2026-09-05",
      "observed": "Every payout mention is a speed or policy claim — \"15-minute average payout time\", \"no payout windows\". No amount and no date is published. Its sitemap of about 47 pages has no payout, proof or transparency page, and /payouts, /payout, /payout-report, /certificates, /payout-proof, /transparency and /leaderboard all 404."
    },
    {
      "slug": "lux-trading-firm",
      "name": "Lux Trading Firm",
      "website": "https://luxtradingfirm.com/",
      "pattern": "undated-showcase",
      "probedAt": "2026-09-06",
      "observed": "A \"payout proofs\" section of video thumbnails. No aggregate figure, no written amounts and no dates. Video is the hardest evidence form to check and the easiest to leave undated."
    },
    {
      "slug": "maven-trading",
      "name": "Maven Trading",
      "website": "https://maventrading.com/",
      "pattern": "policy-only",
      "probedAt": "2026-09-06",
      "observed": "Publishes \"$200M+ Total funding\" — capital allocated, not money paid to traders — beside a trader count and a highest-payout figure. No payout total and no dates."
    },
    {
      "slug": "ment-funding",
      "name": "Ment Funding",
      "website": "https://mentfunding.com/",
      "pattern": "policy-only",
      "probedAt": "2026-09-06",
      "observed": "Claims \"Not a single refused payout since 2021\" — a claim about denials rather than payments, and one no reader can check — with no aggregate figure and no dated records."
    },
    {
      "slug": "myfundedfutures",
      "name": "MyFundedFutures",
      "website": "https://myfundedfutures.com",
      "pattern": "undated-showcase",
      "probedAt": "2026-09-06",
      "observed": "A \"Payout Certificate\" image with no amount in the page text, no aggregate figure and no dates."
    },
    {
      "slug": "oanda-prop-trader",
      "name": "OANDA Prop Trader",
      "website": "https://ftmo.oanda.com/how-it-works/",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"$650M+ Paid in rewards worldwide\" — the largest figure in this study, carrying no as-of date and no supporting report."
    },
    {
      "slug": "oneup-trader",
      "name": "OneUp Trader",
      "website": "https://www.oneuptrader.com",
      "pattern": "policy-only",
      "probedAt": "2026-09-06",
      "observed": "Publishes split mechanics only (\"Funded traders keep 100% of their first $10,000 profits for the 90% split option\"). No total, no records, no dates."
    },
    {
      "slug": "p1futures",
      "name": "P1 Futures",
      "website": "https://p1futures.com",
      "pattern": "policy-only",
      "probedAt": "2026-09-06",
      "observed": "Publishes \"10K+ Traders Worldwide\" and \"6hrs Avg. Payout\" — a trader count and a speed claim. No amount paid and no dates."
    },
    {
      "slug": "phidias",
      "name": "Phidias Propfirm",
      "website": "https://phidiaspropfirm.com",
      "pattern": "undated-showcase",
      "probedAt": "2026-09-05",
      "observed": "The homepage renders a strip of gold \"Certificate of Payout\" cards — $37,500 to Lemuel H., $28,690 to Maximilian H., $28,000 to Alvaro S. and about a dozen more. There is no date on any card, no link to a verifiable certificate page and no as-of stamp on the strip. /payouts, /payout, /payout-report, /certificates, /payout-proof and /transparency all 404, and the sitemap index carries no payout or transparency page. Read in a rendering browser because the site returns 403 to scripted requests."
    },
    {
      "slug": "pipfarm",
      "name": "PipFarm",
      "website": "https://pipfarm.com/",
      "pattern": "undated-total",
      "probedAt": "2026-09-05",
      "observed": "\"Over $4,000,000 paid to over 1,000 PipFarm traders\" on the homepage with no as-of date. The payout-related blog posts discuss policy and scaling mechanics rather than reporting amounts paid. /payouts, /payout, /payout-report, /certificates, /payout-proof and /transparency all 404."
    },
    {
      "slug": "sure-leverage-funding",
      "name": "Sure Leverage Funding",
      "website": "https://sureleveragefunding.com/",
      "pattern": "blocked",
      "probedAt": "2026-09-06",
      "observed": "The request returned a document with a title and no readable body, so nothing could be assessed."
    },
    {
      "slug": "t4tcapital",
      "name": "T4TCapital",
      "website": "https://propfirm.traders4traders.com/",
      "pattern": "policy-only",
      "probedAt": "2026-09-06",
      "observed": "Lists \"Weekly Payouts\" as a feature and discloses no aggregate payout data."
    },
    {
      "slug": "take-profit-trader",
      "name": "Take Profit Trader",
      "website": "https://www.takeprofittrader.com",
      "pattern": "policy-only",
      "probedAt": "2026-09-06",
      "observed": "Describes the payout process and carries individual testimonials, but publishes no aggregate figure and no dated records."
    },
    {
      "slug": "the-trading-pit-futures",
      "name": "The Trading Pit Futures",
      "website": "https://www.thetradingpit.com",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"$17M+ in Rewards\" as a standalone statistic, with no timestamp, breakdown or supporting documentation."
    },
    {
      "slug": "the5ers",
      "name": "The5ers",
      "website": "https://the5ers.com",
      "pattern": "undated-showcase",
      "probedAt": "2026-09-06",
      "observed": "Individual trader payouts from $3,507 to $98,038 shown as testimonials. No aggregate total, no dates and no report."
    },
    {
      "slug": "tickticktrader",
      "name": "TickTickTrader",
      "website": "https://tickticktrader.com",
      "pattern": "blocked",
      "probedAt": "2026-09-06",
      "observed": "The site returned HTTP 403 to our request. No read was obtained, so no finding is recorded."
    },
    {
      "slug": "top-one-futures",
      "name": "Top One Futures",
      "website": "https://www.toponefutures.com",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"Over $28 million verified payouts to date\" — the phrase \"to date\" without a date being the exact shape this study is about. Named lifetime amounts appear beneath it (e.g. \"$52,100 Ahmad G.\"), also undated."
    },
    {
      "slug": "top-one-trader",
      "name": "Top One Trader",
      "website": "https://www.toponetrader.com/",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"Over $5,000,000 in payouts to our traders\", with undated individual success stories beneath."
    },
    {
      "slug": "tradeify",
      "name": "Tradeify",
      "website": "https://tradeify.co",
      "pattern": "undated-total",
      "probedAt": "2026-09-06",
      "observed": "\"$250M+ Verified Payouts\" in the hero, repeated as \"Over $250 million in verified payouts\" above a strip of payout certificates. The word \"verified\" does the work of a date without being one: no as-of stamp, no report and no link behind any certificate."
    },
    {
      "slug": "uprofit",
      "name": "UProfit",
      "website": "https://uprofit.com",
      "pattern": "policy-only",
      "probedAt": "2026-09-06",
      "observed": "Publishes \"13,445 Approved payout requests since 2019\" and a \"$1,400 Average payout\". Closer than most — it is a count with a start date — but it names no amount paid in total and carries no as-of date, so the count cannot be aged."
    }
  ]
}
