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Canada - Founded 2020

My Forex Funds

Status - WatchlistRisk - Critical

The US case was dismissed and most Ontario assets were released, but no fully audited active offer is verifiedd yet.

PropRadar score
20/100

Weighted from rules, payouts, public reviews and proof level.

No affiliate link
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My Forex Funds legal and relaunch file

Is My Forex Funds coming back?

Critical risk

A relaunch became more plausible after the US case was dismissed with prejudice in May 2025 and an Ontario court returned access to most assets and client data in December 2025. PropRadar still has not verified a normal active checkout, current program agreement or complete legacy-claims process, so the firm remains a relaunch watch rather than a purchase recommendation.

  • The US CFTC case ended through a case-ending sanction and dismissal with prejudice in May 2025, not a trial judgment on every historical trader claim.
  • The CFTC Acting Chairman publicly acknowledged serious litigation-conduct findings against agency staff.
  • Bloomberg reported in December 2025 that an Ontario court returned access to most funds and client data.
  • Current Terms dated January 28, 2026 remain informational and warn that described programs may not have normal investor-protection coverage.
  • No normal current checkout and program-level payout audit were verified for this review.
Dated audit case

Can My Forex Funds relaunch after the CFTC case?

A possible relaunch is no longer a purely theoretical claim, but it is not a verified current buying option. The US case was dismissed with prejudice in May 2025 as a case-ending sanction against the CFTC, and an Ontario court later returned access to most assets and client data. Those developments do not replace current program terms, jurisdiction checks, payout mechanics or a live checkout audit.

Inactive / relaunch watch
Operational dependency chain linking a prop firm to its platform, broker, payment and legal providers
Platform access, broker routing, payment verification and legal continuity are separate dependencies. One failure can change the whole firm status.
  1. CFTC action and shutdown context

    The CFTC filed its complaint against Traders Global Group and obtained emergency relief. The allegations remain part of the historical record, but the US case did not end with a merits judgment against the firm.

    Open dated source
  2. US case dismissed with prejudice

    The federal case ended through sanctions tied to CFTC litigation misconduct. The CFTC Acting Chairman publicly addressed the court findings, and financial press reported the dismissal and fee award.

    Open dated source
  3. Most Canadian assets and client data released

    Bloomberg reported that the Ontario Superior Court returned access to nearly all funds and client data, reducing a major practical barrier to a possible restart.

    Open dated source
  4. Current website terms remain restrictive

    The current Terms say website information is not an offer in excluded countries and warn that any described proprietary-trading program may fall outside normal regulatory and investor-protection regimes.

    Open dated source
Still unresolved

What the public record does not prove.

  • No normal active checkout and current product agreement were verified in this review.
  • The status of any remaining Ontario regulatory process must be checked in primary records.
  • Legacy balances, refunds and customer claims should not be inferred from the US dismissal alone.
  • A relaunch would require a fresh entity, jurisdiction, platform and payout audit.
RegulatorCFTC complaint filed August 2023Court recordSpecial Master report and recommendationRegulatorCFTC Acting Chairman statement on court sanctionsFinancial pressFinance Magnates report on dismissal and sanctionsFinancial pressBloomberg report on Ontario asset releaseOfficial sourceCurrent MyForexFunds Terms of Use
Minimum priceTo verify
Profit splitN/A
DrawdownHybrid
News tradingNot recommended
PayoutNot applicable
Proof levelPartially verified
Last review2026-07-19
Payout riskCritical
Trustpilot reliabilityLow
PropRadar actionAvoid for now

The current signals are too weak or risky for a fresh purchase. Treat the page as due diligence, not a buying recommendation.

Risk postureCriticalScore 20/100, payout risk critical.
Regulatory fileCritical6 source link(s) available.
Community signal6/100Reddit, X/Twitter, Trustpilot and payout signals combined.
Profile-specific evidence
  • Major historical regulator-action case with a materially changed legal outcome.
  • Current site says it is informational and not a regulated/securities-authorized offer.
  • A possible relaunch can be mistaken for an already verifieddd operating product.
  • No normal current checkout and payout agreement verifieddd.
Before paying
  • Open the official source links saved by PropRadar.
  • Look for recent payout proof, denials and KYC complaints.
  • Read the regulatory section before any checkout.
  • Match the exact product rules with your strategy before scaling size.
Due Diligence Snapshot

What the profile proves before checkout

Open legal file
Legal entityEntity mappedThe profile has a mapped legal entity or official operating structure.
Regulatory riskCritical6 source link(s) saved for the legal and operating file.
Payout proofInsufficientPayout risk is critical with 6 tracked signal(s).
Source depthDeep source stack5 audit channel(s) checked by PropRadar.

PropRadar separates operating status, legal entity mapping, payout evidence and commercial conflicts so a high discount or public rating does not hide purchase risk.

Regulatory Check

Legal entities, regulator status and red flags

Regulatory risk - Critical
Last checked2026-07-19
Critical

Critical but materially changed legal file. The US enforcement case ended through dismissal with prejudice and sanctions against the CFTC, while later Ontario asset-release reporting made a restart more plausible. That does not verify a live product, resolve every legacy customer question or establish current regulatory protection. Any relaunch must be audited from zero at program level.

Audit sources6
Identified Legal Entities
MyForexFunds / Traders Global GroupCanada / United States dispute context

Brand and operating group associated with the public regulatory-action history; exact current contracting entity must be rechecked before any future product launch.

Regulator Status
  • The US federal complaint was dismissed with prejudice in May 2025 through case-ending sanctions related to CFTC litigation misconduct.
  • The CFTC Acting Chairman publicly addressed the court findings against agency conduct.
  • Bloomberg reported in December 2025 that the Ontario Superior Court returned access to nearly all funds and client data.
  • Current Terms of Use say the website is provided solely for general informational purposes and does not create client, advisory, employee or fiduciary relationships.
  • Current Terms say MyForexFunds is not registered, licensed or qualified with any securities regulatory authority.
  • Current Terms say proprietary trading programs described on the website may not be subject to regulatory oversight, registration or investor-protection regimes in the user jurisdiction.
  • The current site excludes Canada and several other jurisdictions from access/use.
  • No normal active product agreement and checkout were verifiedd during this pass.
Complaints & Disputes
  • Historical shutdown/regulatory-action risk overrides old review scores and old payout testimonials.
  • The US dismissal ends that complaint but does not independently reconcile every payout, refund or legacy customer balance.
  • Do not buy from or pay any third-party flow claiming a MyForexFunds relaunch until the current legal entity, product terms and payout rules are verifiedd.
Red Flags
  • Major historical regulator-action case with a materially changed legal outcome.
  • Current site says it is informational and not a regulated/securities-authorized offer.
  • A possible relaunch can be mistaken for an already verifiedd operating product.
Reviews, Reddit and payouts

Filtered community signal

Aggregated signal6/100Reddit, X/Twitter, Trustpilot reliability and payout risk combined.
Reddit8/100
84 public mention(s) · +3 / -63
X/Twitter5/100
118 public mention(s) · +4 / -83
Trustpilot12/100
Raw rating not filled · Low
Last payout check2026-06-29Critical · 6 tracked signal(s)
Raw Reddit score
8/100
NegativeManual raw score
3 positive63 negative18 neutral

shutdown history, legal-case updates, relaunch discussion and legacy trader claims

SourcePropRadar raw score, manual review to complete
Raw volume84 review(s) / mention(s)
ConfidenceMedium
Raw X/Twitter score
5/100
Low volumeManual raw score
4 positive83 negative31 neutral

Raw PropRadar score: public complaints and X/Twitter threads to cross-check with recent payouts

SourcePropRadar raw score, manual review to complete
Raw volume118 review(s) / mention(s)
ConfidenceStrong
Trustpilot review reliability
12/100
LowProvisional score
6 tracked review alert(s)

Historical ratings cannot establish the status of a future relaunch or settle legacy claims.

Raw ratingNot filled in PropRadar
SourceLink or review to complete
StatusProvisional score
Payout risk
100/100
Critical

Critical · 6 tracked signal(s)

Visible proofInsufficient
Incidents6 documented signal(s)
Last check2026-06-29
Manual Reddit/X Review

Manual collection queue

Search ready

The manual collection queue is ready: specific Reddit and X posts still need to be opened, classified and linked before they strengthen the raw scores.

Reddit flags
  • Regulatory action
  • Crisis archives
  • Misleading historical popularity
X/Twitter watch
  • Public threads to reread
  • Verify complaint dates
  • Cross-check with Discord and Trustpilot
Filtered Trustpilot

6 tracked review alert(s) in PropRadar. Confirm on the firm's Trustpilot transparency page.

  • Historical reviews do not audit a relaunch
  • Current program still unverifiedd
  • Legal outcome and operational readiness are different
Manipulable Reviews
98/100
High
BaseTrustpilot + incidents + marketing signals
Review alert6 tracked alert(s)
StatusLow
Radar Verdict

Relaunch watch: the legal picture changed, but no purchase recommendation is justified without live terms and payout mechanics.

  • US case outcome verifiedd
  • Ontario asset-release reporting captured
  • Current Terms checked
Products

Tracked offers

No active product recommended

This firm remains in the radar as a historical risk signal, but should not be considered a buying option.

Related Research

PropRadar guides related to My Forex Funds

These links connect the firm page to the searches traders actually type before choosing.

Risk Brief 02My Forex Funds: legal progress makes a relaunch possible, not yet buyableThe US case ended through sanctions against the CFTC, and a later Ontario order reduced a major practical barrier to restarting. Neither event replaces a fresh product, jurisdiction and payout audit.
Legal due diligenceProp Firm Legal Check: Entities, Terms and Red FlagsA prop firm can be legitimate enough to research but still not be a regulated broker or investment firm. The useful legal check starts with the contracting entity, jurisdiction, simulation disclaimer, regulator status, payment terms and payout dispute clauses.Payout searchFast Payout Prop Firms: Proof, Delays and TrapsA fast payout is useful only if the conditions are clear: minimum withdrawal, required trading days, caps, split, public feedback and incident history.TrustReliable Prop Firms: Reviews, Payouts and ProofA reliable prop firm combines clear rules, official sources, payout history, consistent community feedback, independent press/regulator checks and visible commercial conflicts.Review signalsProp Firm Reviews: Reddit vs Trustpilot SignalsTrustpilot and Reddit are useful sources, but not when they are read alone. A strong public rating can still hide payout problems, vague rules or aggressive discount campaigns that inflate positive reviews.
Decision FAQ

My Forex Funds questions before paying

Short answers built from the current PropRadar score, regulatory file, payout risk and source stack.

Is My Forex Funds active again?

PropRadar has not verified a normal active checkout and current program agreement. The legal barriers to a possible restart have changed, but a possible relaunch is not the same as a fully audited live offer.

Was the CFTC case against My Forex Funds dismissed?

Yes. The US federal case was dismissed with prejudice in May 2025 through sanctions related to CFTC litigation misconduct. That result ended the US complaint but does not independently settle every legacy customer, payout or refund question.

Did My Forex Funds recover its assets?

Bloomberg reported in December 2025 that the Ontario Superior Court released nearly all funds and client data from receivership control. The remaining Canadian regulatory and escrow details still require primary-record checks.

Should traders buy a new My Forex Funds account?

Not until a current checkout, contracting entity, eligible jurisdiction, program rules and payout agreement are live and independently checked. Old popularity and the US dismissal do not replace a fresh product audit.

Is My Forex Funds a safe prop firm?

My Forex Funds is classified by PropRadar as "Avoid for now" with a 20/100 score and critical risk posture. This is not a guarantee: read the legal file, payout rules and official terms before paying.

Is My Forex Funds legally verified?

Entity mapped. The current regulatory file is rated Critical, with 6 saved source link(s) and a last legal check dated 2026-07-19.

Does My Forex Funds have payout risk?

PropRadar rates payout risk as critical with 6 tracked signal(s). Visible payout proof is classified as insufficient.

What should I check before buying My Forex Funds?

Major historical regulator-action case with a materially changed legal outcome. Current site says it is informational and not a regulated/securities-authorized offer.

Does PropRadar have an affiliate relationship with My Forex Funds?

Commercial status: No affiliate link. Affiliate status never protects a firm from score penalties, watchlist status or payout-risk warnings.

Operational Risk

Incidents and signals

  • No normal current checkout and payout agreement verifiedd.
  • Legacy payout, refund and customer claims are not resolved by the US dismissal alone.
  • A future launch requires a new program-level and jurisdiction audit.

Legal status improved materially; operational readiness and legacy claims remain separate questions.

Sources

Proof level

Partially verified

Legal-status pass updated July 19, 2026. The US federal complaint was dismissed with prejudice in May 2025 through case-ending sanctions tied to CFTC litigation misconduct. The CFTC Acting Chairman publicly addressed those findings. Bloomberg reported in December 2025 that an Ontario court returned access to nearly all funds and client data. Current Terms dated January 28, 2026 remain cautious about excluded countries and investor-protection coverage. PropRadar now treats the brand as an inactive relaunch watch, not a normal active buying option.

Current official site and TermsCFTC Acting Chairman statementSpecial Master reportFinance Magnates legal reportBloomberg Ontario court report

Sources to check

Last review: 2026-07-19. Prices and rules should be rechecked on official sources before any decision.