Toronto based retail prop trading firm MyForexFunds is plotting its comeback, nearly three years after US and Canadian regulators effectively shut down MyForexFunds, then one of the largest prop firms serving retail clients worldwide.

A US district court win against the CFTC in 2025 has led to an unfreezing of MyForexFunds client assets (whose funds were frozen back in 2023), and the company is now taking its first steps in returning client funds to those who had pending rewards at the time of closure.

MyForexFunds, and its founder and CEO Murtuza Kazmi (pictured above), have each issued statements over the past few days that emails have been sent out to users who had a requested payout with MyForexFunds at the time of shutdown. Once the company has finished sending out all email batches, MyForexFunds said it will post a survey to capture anyone who may not have received the email. When all details are received, payments will start to go out promptly.

MyForexFunds has not yet made specific statements about restarting operations, but is apparently headed that way. The overall retail prop trading business has exploded worldwide over the two-plus years since the company was forced to stop operating.

MyForexFunds CEO Murtuza Kazmi recently went on TV in Canada to explain what had transpired.