Pickford was in line to miss the Bantams' next two games after receiving a straight red card at Port Vale on Saturday but the ban has now been removed after the club successfully appealed against the decision over the weekend.
The Bantams lodged their appeal against the dismissal on Sunday lunchtime and their case was heard later that evening by an F.A Disciplinary Panel.
The panel agreed that Pickford had not denied Chris Birchall a clear goalscoring opportunity when he brought the substitute down for Vale's late penalty and therefore removed the two-game suspension against the 'keeper's name.
Although Pickford will be free now to play in Monday's match with MK Dons in front of the Sky Sports cameras, the loanee shot-stopper will still miss Sunday's F.A Cup Fifth Round tie against Sunderland due to the fact that the Black Cats are his parent club.