ProjectX, a trading platform provider for futures prop platforms, seems to be ending its services to all “third-party” platforms at the end of February 2026, a prop firm has confirmed on its Discord channel. Another prop firm using ProjectX noted that the trading platform will now become exclusive to TopStep, a major futures prop trading platform in the United States.

This update came less than a month after Plus500 became the trading tech provider to TopStep. According to the ProjectX website, Plus500 is also its exchange partner.

“Third-Party Support [Is] No Longer Sustainable”

ProjectX is a trading platform used by many futures prop platforms, including One Top Futures, Trading Lucid, Tradify, Blue Guardian Futures, Tick Tok Trader and others.

Top One Futures confirmed that ProjectX informed them about the discontinuation of third-party prop firms, without naming TopStep.

“After careful consideration, we’ve made the decision to wind down our ProjectX third-party service offering,” the ProjectX notice to Top One Futures stated, as posted by the prop firm on its Discord channel. “Shifts in operational demands and upcoming compliance reporting, oversight, and audit requirements have made continuing third-party support no longer sustainable.”

Although Top One Futures pointed out that the move was unexpected for “every firm in the industry”, it added that the broad timeline provided them “more than enough room to manage the transition cleanly and without disruption.”

Lucid Trading is another prop firm whose CEO posted on Discord that ProjectX scheduled a meeting with his company “to announce their intent to discontinue support for all third-party firms.” He added that the trading platform “will be moving exclusively to TopStep.”

Tradify, another futures prop firm, also confirmed that it is “in active communication with the ProjectX team” about the possible unavailability of the trading platform, and noted that it will come up with a formal update in the coming weeks.

The CEO of FuturesElite also acknowledged the “news circulating about ProjectX”, assuring that the platform will face no issues for the rest of this year or the start of next year. His statement, however, was vague and matched others’ confirmation of ProjectX being unavailable from the end of next February.

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Another Tech Struggle in Prop

Tech platforms leaving prop firms is not new. Although ProjectX’s move appears to be planned, the industry still has not recovered from the overnight crackdown by MetaQuotes in early 2024 on prop firms onboarding US-based traders on MetaTrader.

Since the MetaQuotes crackdown, which forced props to suspend their US offerings, many firms have returned to the US market but without the popular MetaTrader platforms. FTMO is the only prop to offer MetaTrader 5 in the US, made possible through its partnership with OANDA, a US-registered forex broker.

Source: Finance Magnates