FundedSeat Review

Our verdict on FundedSeat

FundedSeat is in wind-down. On September 28, 2026 the firm published a closure letter (COO Floba): after two years, three Amsterdam brothers said platform-access limits blocked the growth needed to keep operating. Finance Magnates reported the notice on September 29. Former CMO Garrett posted on X that the shutdown decision was not his and that the team intended to close properly. Treat this as a closing firm, not a buy.

What the firm says it will do: refund currently active accounts, pay pending withdrawals and positive live balances, and keep support on live chat plus support@fundedseat.com. It claimed monthly payouts near $700K. It did not publish a hard last day, a refund formula, or a timeline. Screenshot dashboards, receipts, and withdrawal tickets now; get amounts and dates in writing.

Do not buy a new evaluation. The marketing homepage still advertised daily payouts and 90% split when we rechecked September 29, which is why this is a wind-down warning rather than a quiet delist. Ranking is demoted below 40 until refunds and payouts are independently verified or the firm reverses the closure in writing.

Older plan facts (cheap 1-Step Daily 50K, EOD drawdown, ATAS/Quantower/Rithmic stack) no longer matter for a purchase decision. They only help traders who already have an account document what they paid for. PropScore 36 / Health 71 reflects shutdown risk, not the old cheap-entry score.

If you are in an eval or funded seat, contact support immediately and do not assume the old non-refundable purchase policy overrides the closure letter. If refunds stall, that is the next story — we will not mark this resolved on a press release alone.

Best fit

Best suited profile is covered in the editorial review below.

Not ideal for

Avoid if the trade-offs described in the editorial conflict with your strategy.

PropScore

FundedSeat: #40, PropScore 50/100, Health Score 71/100. Updated from live tracked data: September 29, 2026.