MyFundedFutures, a fintech firm specializing in futures evaluation and proprietary trading, has announced a major compliance overhaul after suspending operations in 21 countries due to regulatory concerns. The firm has now fully integrated ComplianceAlpha, a regulatory compliance platform developed by ACA Group, to enhance governance, transparency, and trader protection.
Why the Compliance Upgrade?
Last year, MyFundedFutures faced regulatory scrutiny that led to the suspension of its services in multiple jurisdictions. The firm’s decision to implement ComplianceAlpha is a direct response to these challenges, ensuring adherence to industry standards and reinforcing its commitment to responsible trading.
Key Features of the New Compliance Framework
The upgraded system introduces several critical measures:
- Trader Safety & Oversight – Enhanced monitoring of trader communications and staff interactions to ensure a secure trading environment.
- Market Abuse Surveillance – Advanced tools to detect manipulative or unauthorized trading behavior before it impacts the market.
- E-Communications Monitoring – Real-time surveillance of Discord, email, and platform-based communications to bridge compliance gaps.
- Centralized Policy Management – A structured governance system for internal policies, external disclosures, and trader resources.
- Training & Certification – A comprehensive e-learning program covering AML/KYC, market abuse prevention, dispute resolution, and operational conduct.
Impact on Traders & Industry Positioning
With these measures, MyFundedFutures aims to set a new standard for compliance in the proprietary trading space. The firm’s sister company, Nortex Capital Partners, which manages live proprietary trading, will also adopt these policies to ensure consistency across operations.
Philip Fried, Regulatory Compliance Manager at MyFundedFutures, emphasized the importance of governance, stating, “Traders suffer when firms treat compliance as an afterthought. We treat governance as a foundational pillar.”
Future Plans & Market Expansion
The firm has not yet confirmed whether it will resume operations in the previously restricted countries. However, with its strengthened compliance framework, MyFundedFutures is positioning itself as a more transparent and secure trading platform, potentially paving the way for future expansion.
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