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MyForexFunds Reports 90% of First Rollout Traders Paid as KYC Verification Continues

MyForexFunds Reports 90% of First Rollout Traders Paid as KYC Verification Continues

MyForexFunds has provided a new update on its ongoing reward distribution process, stating that 90% of traders included in the firm's First Rollout of Rewards who responded to outreach emails have now been paid and settled. According to the firm, the remaining traders are currently completing KYC verification requirements before settlement can be finalized.

What Happened

In its latest communication, MyForexFunds shared additional details on the status of its reward processing efforts.

According to the firm:

  • 90% of traders included in the First Rollout who responded to emails have now been paid
  • The remaining 10% are working through KYC verification requirements
  • A dedicated form has been introduced for traders who believe they were missed during the First Rollout or experienced communication issues, including full inboxes

The firm also stated that some reward-related email inboxes were full, which may have prevented communications from being delivered.

What's Affected

First Rollout Participants

Traders included in the First Rollout who have not yet completed the process may still need to:

  • Complete KYC verification
  • Submit updated contact information through the newly introduced form
  • Clear email inbox capacity to receive further communication

Reward Verification Process

MyForexFunds stated that traders submitting the form should provide only:

  • The name associated with the account
  • The email address linked to the account

The firm noted that incorrect or unsupported claims may delay processing.

Second Rollout

According to MyForexFunds, work on the Second Rollout will begin after completion of the First Rollout process. The firm stated that the second phase may require additional review and verification.

Why This Matters

This update provides additional detail on the status of MyForexFunds' reward distribution process and confirms that payout processing is continuing for traders included in the First Rollout.

The update also introduces a dedicated submission form for traders who may not have received prior communication despite potentially qualifying for the rollout.

Impact on Traders

For traders, the update means:

  • Traders included in the First Rollout should continue monitoring their inbox for communication from MyForexFunds
  • KYC verification remains a required step before settlement is completed
  • Traders who believe they were missed may now submit the newly introduced review form

At this stage, the update relates specifically to reward processing and does not provide confirmation regarding broader account reinstatement, platform reopening, or resumed trading access.

Prop Firm Match Perspective

This update provides additional detail on the status of MyForexFunds' reward distribution process, particularly for traders included in the First Rollout. Traders should rely on direct communication from MyForexFunds and ensure that submitted account information matches their original account records to avoid processing delays.

Prop Firm Match will continue monitoring reward processing progress, rollout criteria, and any additional trader-facing developments as further verified updates are released.

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