Podcasts · Words of Rizdom - Trading Podcast

Prop Firm GIANT: SHUT DOWN By The US Government… Then WON In Court! (What's Coming Next?)

26 Oct 2026 · 2 h 05 min

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In this special Words of Rizdom episode, MyForexFunds founder Murtuza Kazmi reveals the full story behind the overnight shutdown of one of the biggest prop firms in the world.From the $31 MILLION allegations and infamous “Slip Them To Hell” message to the legal battle that ended with the CFTC case being dismissed with prejudice, Murtuza reveals what really happened behind closed doors, the personal impact and the consequences for traders.We also sit down with MyForexFunds' new CEO Haider Raza to discuss the firm's planned return, outstanding trader payouts, account restorations and what's coming next!

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🎙 Guests:

https://twitter.com/MyForexFunds

https://www.instagram.com/myforexfunds/

https://www.youtube.com/MyForexFunds

https://twitter.com/HaiderMFF

https://myforexfunds.com/

🎙 Host: Words of Rizdom

https://youtube.com/@wordsofrizdom

https://instagram.com/wordsofrizdom

https://twitter.com/wordsofrizdom

https://www.instagram.com/realriziqbal

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Timestamps:

00:00 - Intro

05:40 - How MyForexFunds Became One Of The Biggest Prop Firms

11:30 - The Day MyForexFunds Was Shut Down Overnight

17:22 - The Truth Behind The $31 Million Allegation

27:55 - What REALLY Happened With “Slip Them To Hell”?

35:29 - Why So Many Prop Firms Are Failing

39:50 - The Problem With Prop Firm Risk Management & Payout Denials

49:41 - How The MyForexFunds Case Changed The Prop Firm Industry

53:47 - How The CFTC Case Finally Ended

58:29 - The Personal Cost Of The MyForexFunds Shutdown

1:07:43 - What Happened To The $1 Million+ In Pending Payouts?

1:12:09 - Why Other Firms Couldn't Match MFF's 12% Drawdown

1:20:54 - Meet MyForexFunds' New CEO Haider Raza

1:27:04 - The Plans For MyForexFunds' New Trading Programme

1:38:07 - How MyForexFunds Is Handling Outstanding Trader Claims

1:49:36 - What Happens To Traders Who Were In Drawdown?

1:54:24 - How Will MyForexFunds Avoid Liquidity Problems?

1:58:26 - Will MyForexFunds Expand Into Futures Trading?

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Disclaimer:

The content on Words of Rizdom is for informational and educational purposes only and should not be considered financial, investment or trading advice. I am not a licensed financial advisor, and the strategies, opinions, and commentary shared are based on personal experience of the respective guests. We are not personally affiliated with any of the guests featured in our episodes. The views expressed by our guests are their own and do not necessarily reflect the opinions or endorsements of Words of Rizdom.Trading and Investing involves risk, and you should always do your own research or consult with a qualified financial professional before making any investment decisions. You are solely responsible for your financial decisions. This channel and its creator are not liable for any loss or damage arising from the use of information presented in videos.

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