Skilled Funded Traders, a prop trading company under the control of Easton Consulting Technologies, has recently encountered operational challenges, leading to a temporary cessation of all its operations, including new purchases. This unexpected development has sparked a wave of speculation and misinformation that the company is eager to clarify and address.

Addressing the Rumors

Contrary to rumors suggesting that the company was offering discounts until the last minute before ceasing operations, the management at Skilled Funded Traders was unaware of the impending halt until late afternoon the day before operations ceased. Moreover, the company has not utilized any of the proceeds from February and March. The narrative of a “rug pull” or misleading discounts is simply not accurate.

Skilled Funded Traders | The Plan of Action

The primary course of action for the company is to issue refunds to those who have purchased an active account within the 30 days leading up to the cessation of operations. These refunds will be processed and issued to eligible individuals within the next 7 days. Skilled Funded Traders is committed to transparency throughout this process and will provide regular updates as the refund procedure progresses.

Looking Forward

Currently, a service termination message is being displayed on the company’s website. Over the next week, the company will contact traders directly to discuss individual circumstances and explore potential alternatives to resume operations.

Conclusion: The situation at Skilled Funded Traders serves as a reminder of the inherent volatility and unpredictability of the trading industry. Nevertheless, the company’s commitment to transparency and its proactive approach to resolving the current challenges are commendable. Traders and stakeholders are advised to check their emails for detailed information and to stay tuned for further updates as the situation unfolds.

For those affected by these developments, please check your emails for detailed information regarding refunds and continue to monitor for updates from Skilled Funded Traders.