Dear Traders,
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This is not an easy message to write.After 1 year and 2 months of operating, we have made the extremely difficult decision to close Xpert Funding.Over the past year, we built something we were genuinely proud of. We funded traders worldwide, processed a high volume of payouts, and created real opportunities within the trading community. For that, we are deeply grateful to every single one of you who believed in us and supported the firm.However, the past few months have brought significant challenges.
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At the beginning of December, we experienced a major cyber attack that disrupted our infrastructure and internal systems. Shortly after, our advertising channels, including Facebook were taken down, severely impacting new business inflow. At the same time, we faced internal betrayal within our own team, which further destabilized operations at a critical moment.Despite these setbacks, we made it our priority to honor our obligations. Over the last two months, we pushed to process as many open payouts as possible. We are proud to say that approximately 95% of pending payouts have been completed.Unfortunately, due to the combined impact of the cyber attack, operational disruption, and internal issues, the company has now reached a point of financial insolvency. As a result, we are formally closing the firm.For the remaining 5% of payouts, we are currently reviewing every case individually. While we cannot guarantee full resolution due to the bankruptcy process, we are making every possible effort to assess what can still be done in a structured and fair manner.We understand the disappointment and frustration this news may bring. Please know that this outcome was never the intention. We fought hard to keep the firm alive, but ultimately the circumstances were beyond recovery.To everyone who traded with us, supported us, and believed in our vision, thank you. The community we built and the payouts we delivered over the past year remain something we are proud of.Further updates regarding final administrative matters will follow in the coming days.
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With respect,
The Xpert Funding Team