Two top-10 prop firms suspend MetaTrader payouts amid broker dispute
Operators cite a counterparty disagreement with their primary liquidity provider, leaving thousands of funded traders waiting on payouts. CobraSight estimates the affected payout volume at $14M for May.
Two of the ten largest proprietary trading firms by funded-account count have paused MetaTrader-based payouts this week, citing an unresolved dispute with a shared liquidity provider.
According to CobraSight's internal tracking, the affected payout volume for May is approximately $14 million, distributed across an estimated 3,400 funded traders. Both operators have indicated that cTrader and proprietary-platform payouts continue to process normally.
The dispute centers on revised execution terms introduced by the LP in late April, which the operators allege materially changed the economics of their A-book flow. Neither firm has publicly named the counterparty.
CobraSight will publish a full analyst note once the operators issue formal statements. Subscribers can track the situation on the Operator Watch dashboard.