Another day, another retail prop trading firm shuts down.
After reporting yesterday that popular prop firm The Funded Trader has (supposedly temporarily) ceased operations, another firm – Skilled Funded Traders – has also taken down its website (skilledfundedtraders.com), replaced with the message:
We regret to inform you that Skilled Funded Traders has temporarily ceased all operations, including new purchases, effective immediately.
We appreciate your patience and understanding during this period.
Over the coming week, we will follow up with specifics regarding each of your individual circumstances as we explore alternatives to resume operations.
Thank you for your continued support and loyalty.
It appears as though The Funded Trader and Skilled Funded Traders are both affiliated with an outfit called Easton Consulting Technologies, out of Miami, Florida. Easton’s website (at eastontech.net) describes itself as launching and scaling world-class “Evaluation Firms”.
It is unclear if Easton owns and operates both brands (and possibly others in the prop space), or just provides technology and know-how as a white label provider of prop firm solutions. Easton Consulting CEO Carlos Rico-Ospina also shows himself (on his LinkedIn page) as acting as CFO at The Funded Trader since 2021.
