MyForexFunds has published its account restoration plan for accounts active prior to August 29, 2023, outlining how eligible evaluation and funded accounts will be restored.

According to the firm, it is moving into the final stage of its account resolution process after almost completing pending rewards and processing verified claims for active, in-profit, and evaluation accounts.

Account Restoration Overview

Eligible accounts will be restored to their state prior to the August 29, 2023 interruption.

The restoration will differ depending on the account type:

• Evaluation accounts: Will resume from the same phase and equity held on August 29, 2023.
• Funded accounts: Accounts that have not received payouts or refunds during the claims process will enter the rollout at the equity held on August 29, 2023.

Original or Updated Program Rules

Eligible traders will have the option to either:

• Keep their restored account under the original program rules, or
• Transition to the newly updated program structure

The announcement does not provide further details on the updated program structure.

Two-Stage Account Rollout

MyForexFunds plans to restore eligible accounts in two batches:

• First batch: 50% of eligible accounts will be restored on launch day.
• Second batch: The remaining 50% will be restored 30 days after launch.

According to the firm, accounts will be assigned to the two rollout stages randomly through a randomizer.

Credentials and Account Activation

Traders will receive an email confirming their assigned rollout stage and expected release timeline.

Those assigned to the first rollout stage will receive dashboard access and trading account credentials ahead of the official launch day.

Accounts will remain locked when delivered and will automatically unlock for trading on launch day.

Who Is Affected

The restoration plan applies to eligible MyForexFunds traders with accounts active prior to the August 29, 2023 freeze that remain active through the Claims Form Process.

Funded accounts that have already received payouts or refunds during the claims process are not included in the funded-account rollout described in the announcement.

Why This Matters

The update gives eligible traders a defined framework for how account restoration will be handled.

Prop Firm Match Perspective

Prop Firm Match will continue monitoring official MyForexFunds communications for further details on account restoration and the updated program structure.