Deel Stops Payouts to Several Prop Trading Firms – MyFundedFX, and Bespoke Funding; among others

Breaking News – Deel Stops Payouts

According to a post on Lewis Kaler’s Twitter the CEO of Bespoke Funding Program; Deel, an HR company that provides payout services to traders through contracts with various prop firms, has suspended payouts. This is because the company is currently under investigation by the CFTC.

This is coming after a week MyForexFunds Operations and Assets were Frozen by U.S. & Canadian regulators

Mr. Lewis Kaler however provides a guarantee to traders on the Bespoke Funding Program that even though Deel stops payouts, all pending payout requested via Deel will now be sent by direct bank wire. The legal team will draft all pending contracts with Deel which will now be sent via Docusign by tomorrow morning.

This is breaking news, We will update you as soon as we have more updates.

Join our free telegram group for daily and weekly forex chart analysis

Read more on the Weekly Forex Forecast for September 10, 2023 to September 15, 2023

Related posts:

Gold Price Flat Ahead Of NFP Data – US Dollar, Fitch Downgrade And Treasury Yields In Focus US Jobs Report: Non Farm Payrolls (NFP) Data’s Impact on Gold, US Dollar, and S&P 500 Outlook Fitch Downgrades US Credit Rating – US Dollar, Dow Jones,  S&P 500 and Nasdaq 10 Sinks – What Next? Nike teases upcoming ‘Airphoria’ NFT sneaker hunt on Fortnite Nigeria regulator halts Binance Operations: News