Research profile
My Forex Funds
My Forex Funds is a Mississauga, Canada-based evaluation prop firm founded in 2020, recorded as suspended, profiled by proprietarytrading.com.
Programs paused · August 29, 2023
Note: MyForexFunds is not currently offering evaluation or funded-account programs. Its own FAQ states that MFF "is not operating or offering any programs or accounts to traders" at this time. Following dismissal of the US CFTC case, the company has resumed public communications and payout/recovery activity for pre-shutdown claims, and has indicated intent to return. Operations remain unavailable to new traders pending any relaunch.
Once one of the largest retail prop firms globally, offering Rapid, Evaluation, and Accelerated programs across forex and CFDs.
- Headquarters
- Mississauga, Canada
- Founded
- 2020
- Funding model
- Evaluation
- Geographic availability
- Worldwide policy not clearly stated
U.S. availability: not confirmed
May suit
traders focused on forex, indices, crypto; traders comfortable with an evaluation phase.
Consider alternatives if
you require futures, stocks, options.
Trader rating
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Overview
What this firm is and who it serves
My Forex Funds (Traders Global Group) was a large retail forex prop firm later suspended amid CFTC/Canadian enforcement and receivership proceedings.
At a glance
Structured facts about this firm
- Firm Type
- Evaluation prop firm
- Market Focus
- Forex, Indices, Crypto
- Trading Style
- Discretionary intraday trading
- Retail Accessibility
- Open to retail traders via evaluation
- Based in
- Mississauga, Canada
- Geographic availability
- Worldwide policy not clearly stated
- Known For
- Once one of the largest retail prop firms globally, offering Rapid, Evaluation, and Accelerated programs across forex and CFDs.
- CEO
- Murtuza Kazmi
Payout structure
How and when you get paid
Funding programs
Account types and the path to capital
Evaluation
AvailablePass a challenge before receiving a funded account.
Instant funding
—Not offered by this firm.
Scaling plan
—No formal scaling plan documented.
Trading rules
What's allowed, what isn't
Asset classes supported
Not offered: Futures, Stocks, Options
Related terms: trailing drawdown · consistency rule · profit split
Platforms & technology
Where and how you trade
Supported platforms
My Forex Funds FAQs
Based on terms reviewed Oct 14, 2026
What should traders verify before choosing My Forex Funds?+
Review the specific program's drawdown rules, payout eligibility, prohibited strategies, platform availability, refund terms and any country restrictions before purchasing. Terms can differ between programs at the same firm. This profile summarizes the latest documented terms we found, but traders should confirm the current rules directly with My Forex Funds before purchasing.
Does My Forex Funds offer evaluation and instant-funding options?+
My Forex Funds offers an evaluation (challenge) path. Program rules, fees and payout terms can differ between paths, so confirm the terms of the specific program you intend to buy.
Which platforms and markets are available at My Forex Funds?+
Platforms: MT4, MT5. Markets: forex, indices, crypto. Availability can differ by program and by region — confirm on the firm's platform and product pages before purchasing.
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