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My Forex Funds Clone Targets Traders While the Prop Trading Firm Battles CFTC at Court

A clone of My Forex Funds has emerged, exploiting the real firm's legal troubles with the Commodity Futures Trading Commission (CFTC). The clone, falsely claiming to be registered in the Cayman Islands, has gained 28.1K Instagram followers, likely ... 

through dubious methods. Meanwhile, the legitimate My Forex Funds, with 152K Instagram followers, has been inactive since September 1, 2023, following the CFTC's fraud charges. This situation highlights the importance of traders verifying the legitimacy of trading firms to avoid scams.

Tuesday 16 July, 2024

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Unforeseen Regulatory Challenges Temporarily Halt My Forex Funds' Operations

In a surprising turn of events, My Forex Funds, a distinguished name in the world of proprietary trading, has found itself facing unexpected regulatory hurdles. In the early hours of September 1st, reports emerged regarding the temporary suspension ... 

of their operations due to compliance issues. While this may raise concerns among investors and industry stakeholders, the company has taken swift action and remains optimistic about resolving these challenges. Stay tuned for further updates.

Friday 01 September, 2023

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Updates on MyForexFunds Evaluation fees and CFD Leverage are postponed

As part of the updates, MyForexFunds recently announced changes to the price and leverage, originally scheduled to take effect on August 1st. This price change is postponed until the 1st of September for further evaluation. It is important to ... 

note that CFD leverage will be changing to 1:50 on all evaluation accounts on the 1st of August.

Saturday 29 July, 2023

Unlimited days on MyForexFunds Evaluation Program
Unlimited days on MyForexFunds Evaluation Program

MyForexFunds are going to introduce the Unlimited Days feature for their Evaluation Program, which will be launched on Monday, July 17. Enjoy the freedom of Νo Time limits on both phases of your Evaluation and explore market opportunities at your own pace. The price for the current evaluation will stay the same until the end of July, however, on the 1st of August 2023, the price will be increased slightly. The big majority of other rules and conditions ... 

will remain unaffected.

Wednesday 12 July, 2023

My Forex Funds had been busy implementing new Updates.
My Forex Funds had been busy implementing new Updates.

MyForexFunds has provided a few updates after last week's busy period. Firstly, their new dashboard is almost complete, with a go-live beta to be announced soon. Secondly, C-trader is up and running, but it can only be released once programmed into ... 

the new dashboard. Thirdly, updates to the website are planned, with ample notice given before any downtime. Fourthly, Skrill integration is completed and will be integrated soon. Lastly, the brokerage is still in progress, but should be pushed faster once the first two updates are completed.

Monday 15 May, 2023

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How MyForexFunds Fallout Affects Forex Prop Trading Industry
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MFF MyForexFunds Shutdown: Is this the end of Prop Firms?
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