MyForexFunds has shared a new update regarding its ongoing trader reward distribution process, stating that 90% of traders in the First Rollout have now been paid and fully settled.
According to the firm, the remaining 10% of cases are still under review as its team works through KYC verification requirements and unresolved account-related matters. The company said these remaining rewards will be available as quickly as possible after the verification procedures.
In its statement, MyForexFunds also addressed concerns from traders who believe they may have missed the First Rollout or were unable to receive reward-related communication due to full inboxes or email delivery issues. To manage these cases, the firm introduced a dedicated form for traders to submit review requests.
MyForexFunds Issues Reward Distribution Update for Traders
The company outlined several guidelines for submissions. Traders have to provide only the name and email address associated with their MyForexFunds account. The firm added that attaching the original reward email may help speed up verification. It also warned that false or unsupported claims could delay processing for legitimate applicants.
MyForexFunds explained that, after a request is under the system, its internal team will conduct a review before contacting traders through the email address linked to the reward request. The firm noted that successful applicants will receive payment details along with a secure KYC verification link.
The prop firm acknowledged frustration across social media regarding delays in the reward process. However, it stated that its focus has remained on completing necessary checks and resolving outstanding cases before moving forward with the next stage.
MyForexFunds added that the First Rollout is close to completion and described it as the simpler phase of the process. The company said the Second Rollout will involve additional due diligence and individual case reviews.
The firm concluded by saying it remains committed to resolving pending matters efficiently and thanked traders for their patience and cooperation throughout the process.
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