Propfirmmatch Takes Action: Prop Trading Firm MyFlashFunding Suspended for Denying Traders' Payouts

Propfirmmatch.com, a prop trading comparison website, announced that the US prop trading platform MyFlashFunding has been suspended from its website.

In an X post released last weekend, Propfirmmatch.com stated: "On May 1, myflashfunding reported they had experienced data feed issues, which according to their assessment created an unusually favorable environment for traders. As a result, they have denied and adjusted payouts, attributing it to data feed problems. Regardless of whether the reason is justified or not, we believe the responsibility for these issues rests with the firm - not the traders."

Some traders have received emails from MyFlashFunding stating that their requested payouts have been "adjusted."

In response, Propfirmmatch.com has emphasized that, based on its platform policy, traders who trade with a firm listed on Propfirmmatch.com and adhere to that firm's defined rules should receive their rightful payment.

Consequently, Propfirmmatch.com has decided to suspend MyFlashFunding from its platform and has expressed its hope that the company will compensate the affected traders.

In a previous report by Fazzaco in February, MyFlashFunding was noted for its partnership with an Australian broker​, although the specific name of the broker was not disclosed.