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My Forex Funds Charts Path for 2025-2026 Revival After Legal Wins

WikiFX | 2025-11-12 23:56

Abstract:My Forex Funds unveils 2025-2026 roadmap post-CFTC win: asset recovery, data analysis, and team rebuild.

Traders Global Group, the parent of prop trading firm My Forex Funds (MFF), has laid out a timeline for reclaiming assets and resuming operations following a series of court victories against U.S. regulators. The plan, detailed in a recent company update, focuses on data recovery and team rebuilding as steps toward a potential relaunch.

Roadmap Highlights: Asset Recovery and Analysis Ahead

MFF's strategy begins with regaining control of its Canadian assets this month, pending a final court order. By December, the firm expects access to systems and data, including previously unavailable elements. A thorough review of this information will follow, guiding future decisions once the support team is back in place.

From December through January 2026, MFF aims to reform its staff and reopen communication lines with traders. The company noted that Canadian regulators may continue their review, but asset recovery will enable the in-depth assessment needed for next moves.

Legal Backdrop: U.S. Dismissal and Canadian Unwind

The roadmap comes after a U.S. federal judge dismissed the Commodity Futures Trading Commission (CFTC) fraud case against Traders Global in 2025, following Special Master Jose L. Linares' recommendation. The ruling included sanctions against the CFTC for procedural issues.

Court filings from earlier hearings revealed CFTC lead attorney Ashley Burden admitting to “careless and sloppy” work, such as mislabeling a CAD 31.5 million tax payment as misused funds, which led to asset freezes. In May 2025, the CFTC placed four lawyers and an investigator on leave for an ethics probe into inaccurate submissions.

The Canadian receivership unwind is also progressing, aligning with MFF's efforts to stabilize post-litigation.

Insights from WikiFX Coverage and Ongoing Scrutiny

WikiFX, a broker review platform, has tracked MFF's developments, including a prior report on the CFTC's case dismissal and its implications for prop firms. For more on the U.S. court's rebuke of the CFTC's approach and the broader fallout, see this analysis: https://www.wikifx.com/en/newsdetail/202507291614495197.html. Such coverage highlights how regulatory missteps can reshape industry trust.

MFF's update signals cautious optimism, but the firm stressed that full details on trader impacts will emerge post-analysis.

Broker

Related broker

No Regulation
My Forex Funds
Company name:My Forex Funds
Score
1.47
Website:https://myforexfunds.com
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.47

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