MyFundedFutures Tightens Compliance Measures Following Regulatory Pressure

After suspending services in 21 countries last year, futures-focused proprietary trading firm MyFundedFutures (MFFU) is taking steps to reinforce its regulatory posture. The company has fully adopted ComplianceAlpha, a compliance platform developed by ACA Group, in a move it says is meant to strengthen governance and protect traders.

According to MFFUs Regulatory Compliance Manager, Philip Fried, the new framework reflects a commitment to proactive compliance rather than reactive fixes. “Traders suffer when firms treat compliance as an afterthought. We treat governance as a foundational pillar,” he said.

The ComplianceAlpha system integrates real-time monitoring tools to detect market abuse, ensure secure communication practices, and oversee trader conduct. It also enables centralized policy management and mandatory staff training across MFFU and its sister company, Nortex Capital Partners, which oversees live trading operations.

The overhaul appears to be a response to rising regulatory scrutiny. While details on the original suspensions were not disclosed, industry observers speculate they were tied to fragmented licensing standards in jurisdictions where proprietary trading models often operate in grey areas.

In addition to compliance upgrades, MFFUs technology division, MFFX, is facilitating a return to the MetaTrader 5 (MT5) platform for international traders. The transition, conducted through newly launched broker Seacrest Markets, follows an earlier withdrawal from MT5 due to regulatory issues involving platform provider MetaQuotes.

Seacrest Markets, which received regulatory approval from South Africas Financial Sector Conduct Authority in 2023, will serve as the new MT5 gateway for non-U.S. clients. Traders are required to close all positions and pending orders before switching, as trades left open will be forcibly closed at market rates without reimbursement.

While the firms new compliance strategy may not reverse past disruptions immediately, the implementation of robust oversight tools suggests MFFU is aiming for long-term stability and reputational recovery. As the proprietary trading industry faces tightening global scrutiny, regulatory readiness is increasingly becoming a competitive advantage.