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Abstract:Stay updated on the latest My Forex Funds news. From regulatory developments to refund updates, here’s everything prop traders need to know right now.
The forex prop trading industry has once again turned its attention to My Forex Funds (MFF). Once hailed as a leading funded trader program, MFF dominated the sector with aggressive growth—until regulatory scrutiny caught up in late 2023. Now, in 2025, traders worldwide are asking: Whats next for My Forex Funds?
In this article, we break down the latest developments, including legal updates, trader reactions, and what this means for the future of prop firms.
MFF‘s issues began when U.S. authorities raised concerns about how profits were distributed and how trading accounts were managed. The CFTC’s civil complaint in 2023 accused the firm of misleading representations and improper fund usage—allegations that shook the entire prop trading community.
In 2024, regulators from several jurisdictions, including Canada and Europe, began reassessing how funded trader programs operate. While MFF halted operations, the wider industry faced stricter conditions for platform disclosures and payout practices.
As of mid-2025, legal proceedings in the U.S. are still ongoing, with trader funds under court-managed claims processing. Meanwhile, MFF has not announced any plans for relaunch, rebranding, or compensation timelines.
One of the most searched queries on Google right now is:
“Will My Forex Funds refund traders in 2025?”
The short answer: some progress, but no guarantees.
According to court-appointed trustees, the claim review process for former MFF users is underway, but refund disbursement is slow and depends on available assets. Several affected traders from the UK, Germany, and Spain have taken to online forums and platforms to share their frustration.
The estimated refund timeline stretches from Q3 2025 into early 2026 for most regions.
Whether you‘re based in France, Switzerland, or the Netherlands, if you’ve traded with a prop firm before, the MFF case affects you.
Many European traders relied on MFF as a stepping stone to access leveraged forex trading with limited capital. With MFF out of the picture, competitors like FTMO, The Funded Trader, and Lux Trading Firm have seen increased user interest—but also increased scrutiny from regulators and clients.
The entire prop firm model is now being reassessed. Key focus areas include:
If you‘re still searching for “My Forex Funds news” this month, here’s what you should track:
Its unclear whether MFF will ever return. But one thing is certain—their downfall has rewritten the rules for funded trading.
Q: Is My Forex Funds still operating in 2025?
A: No. As of now, the platform is inactive, pending legal outcomes.
Q: Can European traders still claim refunds from MFF?
A: Yes, through the official claim channels. But timelines vary.
Q: Is it safe to join other prop firms now?
A: Look for firms registered in your jurisdiction (e.g., CySEC, BaFin, FCA), and avoid platforms with unclear payout terms.
Q: Which alternatives are trending after MFF?
A: FTMO, Topstep, and Audacity Capital are seeing more attention in 2025.
The My Forex Funds saga is far from over, and for thousands of traders across Italy, Cyprus, Germany, and beyond, the wait for resolution continues.
Whether youre a new trader looking for updates or a former MFF user seeking refunds, staying informed is your best tool.
Bookmark this page for future updates—well keep covering the latest as it unfolds.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.