Funded Futures Network told its mailing list on 24 September 2026 that it is buying PropEd Capital, that PropEd’s Ethan Warmuskerken becomes FFN’s chief executive, and that trader payouts are running late, JoinProp reported. Traders waiting on an FFN withdrawal are the ones affected today. No filing, website notice or public statement outside that email confirms any of it.
What FFN told traders
The announcement went to the FFN and PropEd mailing lists on 24 September, according to JoinProp. Under the deal as described in that message, PropEd Capital continues inside FFN as an education division called PropEd Education, and PropEd’s Ethan Warmuskerken takes over as chief executive of Funded Futures Network. Finantres Fondeo also describes the same 24 September communication to both communities.
The payout backlog
In the same message the firm acknowledged outstanding payouts and extended processing times that had frustrated traders, JoinProp reported. FFN says it will bring in automated payout processing and a system it calls Rise. The reports do not describe what Rise covers or when either change takes effect.
No number of affected withdrawal requests was given, and no date was given for processing to return to normal, according to Finantres Fondeo.
What is not confirmed
The email is the only source for the acquisition. No purchase price, deal terms or completion date were published, and at the time of the report neither firm’s website mentioned the transaction, JoinProp said. Treat the CEO change and the division rebrand as the firm’s own statements until a corporate record or a site update backs them.
What traders should check
If you have a withdrawal pending at FFN, keep your own record of it: the request date, the amount, the account number and every support ticket and reply, with screenshots of the dashboard status. If a payout request predates 24 September, note how long it has been open, since the firm has not said which requests are in the backlog. Remember what an evaluation account is: a paid service with simulated trading, where any payout depends on the firm’s own terms and processing.
