Funding Pips, a prop trading firm, disclosed today via its Discord channel that it has been experiencing significant disruptions due to a Distributed Denial-of-Service (DDoS) attack. The attack has affected various operational processes throughout the day.

Account Issues, DDoS Impact

In a statement, the firm reassured its users that efforts are underway to restore normalcy swiftly. Specific issues addressed include minimal email communication from the application. Additionally, some users have reported multiple accounts on the trading platform that are not visible on the dashboard.

These accounts are slated for removal. New account creation following successful payments through crypto providers has been temporarily blocked. Affected users will still receive their accounts, as the firm retains records of all successful transactions.

Despite the disruption, Funding Pips highlighted a positive development: the implementation of measures allowing payout processing while mitigating the impact of the DDoS attack . However, the firm clarified that no email notifications will be sent until the DDoS attack is fully mitigated.

TradeLocker DDoS Attack

Three months ago, TradeLocker experienced a DDoS attack, causing the platform to be offline for over an hour, as reported by Finance Magnates. This outage affected clients and investors of brokers and proprietary trading firms. Reports of the attack emerged after users of these firms reported account access issues.

Following recent issues with MetaQuotes’ MetaTrader 4 and 5, many brokers, including Tradddo, Funding Traders, TopTier Trader, and Funding Pips, switched to TradeLocker. Funding Pips noted that the platform was down for just over an hour.

Later, a statement on X suggested that TradeLocker was targeted by two DDoS attacks. TradeLocker initially did not confirm the attack, but did so a day later. The company acknowledged that some users experienced difficulties accessing demo and live accounts, but all pending orders were executed.