TradingFunds has announced the acquisition of Funded Friends, marking an exciting step forward for both companies. This acquisition promises to expand TradingFunds' services and create new opportunities for traders. Funded Friends' operations will officially transition to TradingFunds, setting the stage for future growth and development.

The founder of Funded Friends recently shared their personal reasons for the decision. While recognizing the business potential of Funded Friends, the founder acknowledged that their passion lies elsewhere, particularly in education. The time and energy spent managing the prop firm had limited their ability to focus on other pursuits. As a result, the decision was made to close Funded Friends, a move for which the founder takes full responsibility. They have expressed regret for any inconvenience this may have caused.

To ensure a smooth transition for traders and employees, Funded Friends will move under of TradingFunds, a reputable and established prop firm. Several key measures have been put in place to protect everyone involved:

Full Refunds: All active Funded Friends accounts will receive complete refunds, with details being communicated via email.

TradingFunds Vouchers: In addition to refunds, each active account holder will receive a voucher equal to the amount they originally paid, which can be redeemed at TradingFunds. For instance, if a trader pays $100, they will receive both a $100 refund and a $100 voucher for use at TradingFunds.

Payouts: All funded accounts that are in profit will be paid out, even if the accounts have not yet met the 14-day requirement. No payouts will be denied.

Employee Job Security: Every employee of Funded Friends has been assured of a new job within TradingFunds before the official closure.

The Funded Friends founder believes that this decision will allow them to refocus on their core interests, including trading, MMT, providing educational content on YouTube, and spending more time with their family. Although the closure of Funded Friends may be difficult for some, it is seen as the best course of action for all parties involved.

This acquisition signifies a positive development for both Funded Friends and TradingFunds, ensuring continuity for traders and growth for the future.