News
My Forex Funds Brand Sold to Dubai's Global Solutions; Liabilities Stay With Traders Global
Finance Magnates reports Global Solutions Operations FZE, led by former My Forex Funds operations director Haider Raza, acquired the My Forex Funds trademarks, domain, and social accounts in a deal closed 1 August 2026. Brand assets only — no products live yet, and pending trader rewards remain Traders Global's responsibility.
What happened
On 28 September 2026, Finance Magnates (opens in new tab) reported that the My Forex Funds brand has been sold by Traders Global Group Inc. (Ontario) to Dubai-based Global Solutions Operations FZE, headed by Haider Raza, a former MyForexFunds operations director.
A company announcement published the same day (TechBullion press release (opens in new tab)) states the transaction closed on 1 August 2026. Financial terms were not disclosed.
What changed hands, per both Finance Magnates and the press release:
- The My Forex Funds and MFF trademarks, logos, and brand elements
- The myforexfunds.com domain and associated websites
- The brand's official social media accounts
What did not transfer:
- Liabilities or obligations of Traders Global — including pending trader payouts / discretionary rewards
- Any statement that My Forex Funds products or evaluations are live again
Global Solutions says it is not currently offering products or services under the My Forex Funds brand, and that a further brand update is expected in the coming weeks through official channels.
Why it matters for traders
My Forex Funds was one of the largest retail prop brands before its August 2023 pause amid U.S. and Canadian regulatory proceedings involving Traders Global. Finance Magnates cites CFTC figures of more than 135,000 customers and at least $310 million in fees for the period the regulator examined; Traders Global CEO Murtuza Kazmi has previously said those figures understated the firm's scale.
For anyone still waiting on post-2023 rewards, the important sentence is not the brand sale — it is the liability split:
- Traders Global remains solely responsible for its discretionary rewards program for traders affected in August 2023.
- Global Solutions has been engaged as a service provider to administer remaining phases of that program on Traders Global's behalf. Determinations under the program still sit with Traders Global.
- Kazmi holds no ownership in Global Solutions and will have no management role in the brand under the new owner, according to the press release.
In plain terms: buying the name does not, by itself, create a new funded account, reset old claims, or put Global Solutions on the hook for Traders Global's historic obligations. Traders with pending submissions should keep using the existing rewards channels, which Global Solutions says it will now administer for Traders Global.
Context
Brand-only deals are common after a prop firm is forced offline: the trademarks and domains retain recognition value even when the operating company and its liabilities stay behind. Raza framed the purchase as acquiring recognition first, with completing the discretionary rewards program as the immediate operational task, and said Global Solutions is in talks with members of the original MyForexFunds operations team.
Whether that leads to a relaunched challenge product — and under what rules, jurisdictions, and counterparty — is not yet public. Treat any "MFF is back" social posts as unverified until Global Solutions publishes product terms on official channels.
ProprietaryTrading.com does not currently list My Forex Funds as an active firm profile.
What to watch next
- Whether Global Solutions publishes a product relaunch (evaluation rules, fees, payout terms, eligible countries) on official My Forex Funds channels.
- Measurable progress on the discretionary rewards program — volumes completed, programs covered, and how long remaining accounts take to clear — not just the service-agreement framing.
- Any clarification of the corporate and regulatory perimeter for a future MFF product (DWTC free-zone entity vs. other licences).
- Whether former MFF operations staff join Global Solutions in named roles.
FAQ
Q: Did Global Solutions buy the whole My Forex Funds company?
A: No. Coverage and the company announcement describe a brand-assets sale: trademarks, domain, websites, and social accounts. Global Solutions explicitly did not assume Traders Global's liabilities.
Q: When did the deal close?
A: 1 August 2026, with public disclosure on 28 September 2026 via Finance Magnates and a Global Solutions press release.
Q: Are My Forex Funds challenges or funded accounts available again?
A: Not according to the announcement. Global Solutions says it is not currently offering products or services under the brand; a further update is expected in the coming weeks.
Q: Who pays outstanding trader rewards from the 2023 pause?
A: Traders Global remains responsible for its discretionary rewards program. Global Solutions administers remaining phases as a service provider; program decisions stay with Traders Global.
Q: Who runs Global Solutions?
A: Haider Raza is named as CEO. Finance Magnates identifies him as a former MyForexFunds operations director. Global Solutions is described as a new entrant that does not currently operate other prop brands.
Firms mentioned
Quick reference for the firms referenced above — pulled from our live firm listings.
My Forex Funds
Mississauga, Canada
- Model
- Evaluation
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