Funding Pips Account Issues and DDoS Attack Impact
Funding Pips, a prop firm, revealed through its Discord channel that the company faced significant operational disruptions throughout the day due to a Distributed Denial of Service (DDoS) attack.
In a statement, the company assured users that they are working to quickly restore normal operations, including reducing email notifications from the application. Some users reported having multiple trading accounts that were not visible in the client backend.
These accounts will be removed, and new account creation through cryptocurrency payments has been temporarily suspended. However, affected users will still receive their accounts as the company has retained records of all successful transactions.
Despite the disruption, Funding Pips brought good news: they have taken measures to process payments while mitigating the effects of the DDoS attack. However, the company stated that email notifications will not be sent until the attack is completely over.
TradeLocker Suffers DDoS Attack
Three months ago, TradeLocker experienced a DDoS attack that caused the platform to go offline for over an hour, affecting many brokers and prop firms' clients and investors. News of the attack only gradually spread as users began reporting inability to access their accounts.
Following recent issues with MetaQuotes' MetaTrader 4 and 5, many brokers such as Tradddo, Funding Traders, TopTier Trader, and Funding Pips switched to using TradeLocker.
Funding Pips reported that the platform was offline for just over an hour. Later, a statement on X platform indicated that TradeLocker had suffered two DDoS attacks.
Initially, TradeLocker did not acknowledge the attack, only admitting to it a day later. The company stated that some users experienced difficulties accessing demo and live accounts, but all pending orders had been processed.
Key Points of the Funding Pips DDoS Attack Incident:
- Funding Pips suffered a DDoS attack, causing operational disruptions
- Users faced account creation issues, but the company assured they would be addressed
- The company has taken measures to process payments during the attack but suspended email notifications
- Three months ago, TradeLocker also suffered a DDoS attack, affecting multiple trading companies
- Recently, many brokers switched to using TradeLocker due to MetaTrader issues
- DDoS attacks have become a significant security challenge for trading platforms
Reference：Prop Firm Funding Pips Reports DDoS Attack: Payouts amid Disruptions
