The MyForexFunds relaunch is not a full return to prop trading yet. MyForexFunds said it recovered substantial control of its assets as of September 2026 and is recovering systems, data and intellectual property, but it still is not operating or providing new trading programs or accounts.
That distinction is important. A recovered website, recovered assets or trader communications are not the same as a working prop firm.
This article is for traders who used to trade MFF, traders who would consider the firm if it opens officially, and anyone trying to understand how its proposed comeback could work. MFF has not officially reopened its trading programs so it is not for traders looking for an active account to buy today.
MyForexFunds relaunch: Quick Verdict
The comeback is best viewed as a rebuilding project rather than a finished relaunch.
MFF has made significant progress since its 2023 shutdown. The U.S. CFTC case was dismissed with prejudice, the regulator was sanctioned, and Canadian court proceedings resulted in the return of most company assets. MFF subsequently began rebuilding its systems and communicating with former traders.
But there is still a major gap between legal recovery and operational recovery.
The company’s current website says MFF is focused on recovering systems, data and intellectual property and is not currently offering programs. Its FAQ also says a reopening plan will be communicated after the review and restoration process is complete.
For a trader, that means the most important question is no longer simply, “Is MFF coming back?”
It is:
What will MFF actually look like if it comes back?
What happened before the relaunch
Understanding the new model requires understanding why the old one stopped.
In August 2023, the CFTC filed a civil complaint against the company operating as MyForexFunds, Traders Global Group. The complaint alleged that MFF was involved in a large-scale retail forex and commodity transaction fraud. More than 135,000 customers paid $310 million in fees, the regulator said.
The case eventually changed dramatically.
A U.S. federal court dismissed the CFTC’s case with prejudice, and subsequent proceedings resulted in sanctions against the regulator. MFF also pursued the return of assets held under Canadian receivership. An Ontario court later ordered the return of most assets, substantially reducing the receivership.
That legal outcome is important, but traders should avoid making a second leap in logic.
Winning a legal dispute does not automatically prove that a future prop trading model will be reliable.
A new MFF still has to demonstrate operational stability, payment reliability, technical resilience and clear risk rules.
The proposed MyForexFunds relaunch model
MFF has not published a final new challenge structure with confirmed prices, drawdown limits and profit splits.
That means articles presenting a complete 2026 MFF rulebook should be treated carefully unless the information comes directly from the company.
However, discussions involving former MFF personnel have provided clues about the direction of the potential relaunch.
One significant proposal is a phased restoration of old accounts rather than switching tens of thousands of accounts back on simultaneously. Former MFF growth and trading support lead Josh Dentrinos said that restoring approximately 160,000 accounts simultaneously would create substantial financial and operational pressure.
That is a very different approach from simply announcing “we are back.”
The likely logic is straightforward:
- Restore trader data and accept.
- Resolve open payout cases.
- Reinstating accounts in phases.
- Test environment.
- Build operational staff back up.
- Create a sustainable trading model.
- Consider the possibility of launching new programs at a later date.
The company has also indicated that it is recovering historical accounts and trading data before determining what can be restored.
MFF account restoration is different from a new challenge
This is one of the biggest points competitors often blur.
A former MFF trader who had an account in August 2023 is not automatically equivalent to a new trader purchasing a challenge after a future reopening.
Former traders may have historical balances, pending payouts, account records or trading activity that need to be verified against recovered data.
MFF said in February 2026 that traders with outstanding payout requests from August 2023 would be eligible to receive their funds, subject to the company’s review and payment process.
In March, founder Murtuza Kazmi said the company was working through payment vendors, historical account information and server data before dealing with the broader restoration process.
This creates a practical priority order.
Old obligations come before new growth.
That is arguably one of the most important characteristics of the potential relaunch model.
MyForexFunds relaunch rules: what is actually confirmed?
There is currently no reliable final rule table for a newly launched MFF challenge.
| Rule | Current position |
| New challenges | Not currently offered |
| New funded accounts | Not currently offered |
| Profit split | No confirmed new model |
| Daily drawdown | No confirmed new model |
| Maximum drawdown | No confirmed new model |
| Challenge fee | No confirmed new pricing |
| Payout schedule | No confirmed new-program schedule |
| Existing account restoration | Under review |
| Historical payout claims | Being processed/reviewed |
| Trading platform | Future setup not fully confirmed |
| Relaunch date | Not officially confirmed |
This is where traders need to separate confirmed information from speculation.
Former MFF personnel have discussed a possible MT5-based future and the possibility of a brokerage structure because of MetaTrader access requirements. They also suggested that futures were not expected to be the main direction and that the company’s focus would remain on CFDs.
Those comments are useful clues, but they are not the same as published program terms.
Why the old MFF model may not simply return
A straight copy of the 2023 model would make little sense.
The prop industry has changed considerably since MFF shut down. Traders now pay much more attention to drawdown mechanics, consistency rules, payout structures, prohibited strategies and the legal structure behind simulated trading.
MFF also has a unique operational problem.
Its previous shutdown showed how quickly a prop firm can become inaccessible when legal action, payment infrastructure, technology and regulatory proceedings collide.
A relaunch therefore needs more than attractive trading conditions.
It needs business continuity.
A trader can tolerate a difficult challenge. It is much harder to tolerate uncertainty about whether the company itself will still be operating when the trader reaches a payout.
How traders actually fail under the MFF model
Even if MFF returns with attractive rules, traders will still face the same psychological problems found across the industry.
Consider a trader with a 50% win rate and a profitable strategy.
They start an evaluation risking 0.5% per trade. After several wins, the account is comfortably positive. The trader then increases risk to 1% because the profit target looks close.
One loss is manageable.
Two losses create pressure.
The trader begins looking for another setup immediately. A normal losing trade becomes a psychological problem. Position size increases again.
The strategy has not changed.
The risk has.
That is how many prop accounts actually fail.
The trader does not necessarily lose because the strategy has no edge. They lose because the account’s drawdown structure changes their behaviour.
This is why our FTMO risk rules analysis is useful alongside this discussion. Different firms impose different constraints, but the basic problem remains the same: the trader has to manage both market risk and rule risk.
What competitors don’t explain about the relaunch
Most MFF comeback coverage concentrates on the legal story.
That is understandable because the legal case is unusual.
But traders need to look beyond the courtroom.
1. Legal recovery is not operational proof
MFF can regain control of its assets without immediately having a mature trading operation.
The company still has to rebuild technology, support, payment infrastructure, compliance procedures and trader onboarding.
2. Historical data matters
If an account existed before the shutdown, the exact account balance, trading history and payout status matter.
MFF has acknowledged that recovering and verifying historical data is part of the rebuilding process.
3. Old rules may not survive
Even if old traders remember particular drawdown or payout conditions, there is no reason to assume those rules will automatically apply to a future program.
A relaunch gives MFF an opportunity to redesign the model.
4. The business needs a sustainable risk model
The future MFF cannot simply recreate every feature that made the original business popular.
The market, technology, regulatory environment and trader expectations have changed.
Common trader mistakes if MFF reopens
The biggest mistake would be buying immediately because of nostalgia.
MFF had a huge trader community before the shutdown. That reputation can create a psychological shortcut:
“I know what I’m getting. I’ve used them before.
No, you don’t.
A new program should be treated as a new product.
Look at the current terms, not screenshots of the old rules. Look at how floating losses are calculated. Know whether the drawdown is static or trailing. Look at the news and the weekend restrictions. Check payout eligibility separately from the judging rules.
And most importantly, don’t assume just because an advertised profit split is high, that the account is easy to maintain.
Our The Funded Trader review explains a similar problem from another angle: traders often focus on the headline challenge rather than how a rule changes their behaviour after they become profitable.
Who should avoid the MFF relaunch?
If MFF eventually reopens, some traders should still be cautious.
Avoid it if you need guaranteed income. A prop account should never be treated like a salary.
Avoid it if you need absolute certainty about payout history. A company rebuilding after a major shutdown naturally carries more uncertainty than a long-running operation with years of uninterrupted payouts.
Avoid it if your strategy requires very wide drawdowns. Tight loss limits can turn a profitable strategy into an account failure.
Avoid it if you trade emotionally. A famous brand does not protect you from your own position sizing.
For traders who need a proven operating history, an established firm such as FTMO may be easier to evaluate. Our FTMO review covers its current structure, drawdown model and payout record.
MyForexFunds versus established alternatives
| Factor | MyForexFunds potential relaunch | FTMO | TradeThePool |
| Current status | Not currently operating | Active | Active |
| Main market | Expected CFD/forex focus | Forex, indices, commodities, crypto and stocks CFDs | Stocks |
| New challenge availability | Not currently available | Available | Available |
| Relaunch uncertainty | High | Low | Lower |
| Historical interruption | Major 2023 shutdown | Long operating history | Established stock-focused model |
| Best suited to | Traders willing to accept uncertainty if MFF returns | Traders prioritising established infrastructure | Traders focused on equities |
This comparison highlights an important point: strategy fit and business reliability are separate questions.
A trader may prefer MFF’s eventual rules but still decide that the uncertainty is not worth taking.
Another trader may value an established operating record more than a headline profit split.
TradeThePool as an alternative
For traders who mainly trade equities, TradeThePool offers a fundamentally different structure from a forex-focused prop firm. Its current program documentation lays out specific stock-market rules, risk limits, evaluation requirements and trading restrictions.
There is one important clarification, however.
TradeThePool’s own terms state that the company is not a custodian, exchange, financial institution or trading platform outside the purview of financial regulatory authorities, and that its trading activities are conducted in a simulated environment. Therefore, calling it a “regulated stock prop firm” would be inaccurate based on its current terms.
Its advantage for some traders is instead the clearer stock-specific framework and published risk rules.
Readers can get up to 10% discount when purchasing through our TradeThePool link.
The real question is whether MFF can rebuild trust
The MyForexFunds story is unusual because the company’s legal position changed dramatically after the original shutdown.
That matters.
But traders should not confuse vindication in court with a guarantee of future business performance.
A successful relaunch would need to demonstrate several things over time:
- Reliable access to trading infrastructure
- Clear and stable rules
- Consistent communication
- Transparent payout procedures
- Strong data management
- Sustainable risk controls
- A business structure capable of surviving operational shocks
Those are things traders can only judge after the company is actually operating again.
FAQs
Is MyForexFunds relaunching in 2026?
MFF is preparing for a possible return, but it is not currently operating or offering new programs. The company says it is recovering systems, data and intellectual property before announcing the next stage.
Can I buy a MyForexFunds challenge now?
No. MFF’s current official information says it is not offering programs or accounts to traders. Traders should be particularly cautious with third-party websites claiming to sell new MFF challenges.
Will old MyForexFunds accounts be restored?
MFF says it is reviewing historical account data and working toward restoring information and addressing outstanding trader claims. The exact restoration process depends on what historical data can be recovered and verified.
Will the old MFF rules return?
There is no confirmed new rulebook showing that the old rules will return unchanged. Future drawdown, profit split, fees and trading restrictions should be judged from the official terms released if and when new programs launch.
Is MyForexFunds safe to use after the relaunch?
It is too early to give a definitive answer. The legal outcome removed a major part of the previous regulatory dispute, but traders still need evidence of reliable operations, payouts and infrastructure after any reopening.
Final trader perspective
The most accurate way to describe the MyForexFunds relaunch today is a recovery and rebuilding process, not a completed comeback.
The legal situation has changed dramatically since 2023. MFF has regained substantial control over its assets, reopened communication and started addressing historical trader issues.
But the trading business itself has not fully returned.
That distinction should guide any trader considering MFF in the future.
If new programs eventually appear, ignore the nostalgia and evaluate the actual rules in front of you. Check the drawdown calculation, payout requirements, restrictions and business structure. Then ask whether your strategy can survive those conditions without changing your behaviour.
A prop firm does not need to offer the highest profit split to be useful.
It needs to give a trader a structure they can realistically operate inside.
For MFF, proving that structure works consistently will be the real test of the relaunch.