True Forex Funds Review
True Forex Funds mandates traders to successfully complete their 2-Phase Evaluation Program in order to gain access to the company’s capital. Traders are required to showcase their skills and demonstrate the ability to achieve specified Profit Targets. Emphasizing their commitment to investing in disciplined traders, True Forex Funds has established straightforward Trading Objectives that must be met during the evaluation process.
Pros +
+ Impressive Trustpilot rating of 4.6/5
+ Four distinctive Funding Programs
+ Professional Trader Dashboard
+ Diverse range of Trading Instruments (Forex Pairs, Commodities, Indices, Stocks, Cryptocurrencies)
+ Account Currencies available in USD, EUR, and GBP
+ Leverage up to 1:100
+ Quick Funding with No Minimum Trading Day Requirements
+ Timeless Funding with No Maximum Trading Period
+ Comprehensive Scaling Plan
+ First Payout within 14 Days
+ Bi-weekly Payouts
+ Generous Profit Share of 80%
+ Overnight & Weekend Holding Allowed
+ News Trading Allowed
+ No Restrictions on Your Trading Style
Cons -
– Funding Program Prices are on the higher side
– Maximum Daily Equity-based Drawdown
– Minimum Trading Day Requirements apply to Standard Offer, Timeless Funding & One-phase Funding
– Maximum Trading Period limitations for Standard Offer, Quick Funding & One-phase Funding
True Forex Funds empowers traders to achieve success in their trading journeys by allowing them the freedom to trade at their discretion, without imposing restrictions on their trading style. Traders can strive for significant profits with the flexibility to manage account sizes up to $200,000, earning 80% profit splits. This is made possible through trading a diverse range of financial instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies.
Who are True Forex Funds?
True Forex Funds operates as a proprietary trading firm under the legal name TFF International Kft., established in October 2021. Headquartered in Győr, Hungary, the firm is led by CEO Richard Nagy. Offering four account types, three two-step evaluations, and a one-step evaluation, True Forex Funds is in partnership with a tier-1 liquidity provider, ensuring the best simulated real market trading conditions for their traders.
The company’s main office is situated at Móricz Zsigmond rkp. 1/B. fszt. 14, 9022, Győr, Hungary.
Who is the CEO of True Forex Funds
Richard Nagy is the CEO of True Forex Funds.
Funding program options
True Forex Funds offers four different funding program options
Account Sizes
– $10,000 – €89
– $25,000 – €189
– $50,000 – €299
– $100,000 – €499
– $200,000 – €998
True Forex Funds presents the Standard Offer, extending traders the opportunity to oversee account sizes ranging from $10,000 up to $200,000. The objective is to identify skilled traders proficient in generating profits while effectively managing risks throughout the two-step evaluation process. With the Standard Offer, traders can leverage up to 1:100 and choose their account funding from USD, EUR, or GBP.
– Evaluation Phase One: In this phase, traders are required to achieve a profit target of 8%, staying within the 5% maximum daily loss and 10% maximum loss rules. A 30-calendar day period is allotted to reach the profit target, and a minimum of 5 calendar days of trading is mandatory to advance to phase two.
– Evaluation Phase Two: Traders must achieve a profit target of 5%, adhering to the same maximum daily loss and maximum loss rules. A 60-calendar day period is provided to meet the profit target, and again, a minimum of 5 calendar days of trading is necessary to progress to a funded account.
– Funded Account: Successfully completing both evaluation phases earns traders a funded account with no minimum withdrawal requirements. Adherence to the 5% maximum daily loss and 8% maximum loss rules is mandatory. The first payout occurs 14 calendar days from placing the initial position on the funded account, and subsequent withdrawals can be made bi-weekly. Profit splits are set at 80% based on the profit generated on the funded account.
– Standard Offer Scaling Plan: Traders qualifying for the Standard Offer scaling plan are those with profitability in the last three months, exhibiting an average return of 8% over this period and securing at least three successful withdrawals. This achievement grants eligibility for an account size increase, amounting to 25% of the initial account size.
Example:
– After 3 Months: A qualified $100,000 account increases to $125,000.
– After the Next 3 Months: A qualified $125,000 account increases to $150,000.
– After the Next 3 Months: A qualified $150,000 account increases to $175,000.
Standard Offer Trading Rules & Objectives:
– Profit Target: Traders must attain designated profit percentages for successful evaluation phase completion, withdrawal, or account scaling. Phase 1 targets 8%, while Phase 2 targets 5%, with funded accounts having no specified profit targets.
– Maximum Daily Loss: Traders face a maximum daily loss limit of 5% for all account sizes.
– Maximum Loss: The overall maximum loss limit is set at 10% for all account sizes.
– Minimum Trading Days: A minimum of 5 days of trading is mandatory for both evaluation phases.
– Maximum Trading Period: Evaluation periods have a maximum trading duration of 30 calendar days for phase one and 60 calendar days for phase two.
Account Sizes
– $10,000 – €98
– $25,000 – €208
– $50,000 – €329
– $100,000 – €549
– $200,000 – €1,098
True Forex Funds’ Quick Funding option provides traders with the opportunity to manage account sizes ranging from $10,000 up to $200,000. The primary goal is to identify talented and profitable traders capable of effectively managing risk throughout the two-step evaluation process. Quick Funding enables trading with leverage up to 1:100, and traders can choose their account funding currency from USD, EUR, or GBP.
– Evaluation Phase One: In this phase, traders must attain a profit target of 8%, ensuring they stay within the 5% maximum daily loss and 10% maximum loss rules. A 30-calendar day timeframe is allocated to achieve the profit target, and there are no minimum trading day requirements to advance to phase two.
– Evaluation Phase Two: For the second phase, traders are required to reach a profit target of 5%, adhering to the same maximum daily loss and maximum loss rules. The time limit for this phase is 60 calendar days, with no minimum trading day requirements to proceed to a funded account.
– Funded Account: Upon successfully completing both evaluation phases, traders receive a funded account with no minimum withdrawal requirements. Adherence to the 5% maximum daily loss and 8% maximum loss rules is mandatory. The first payout occurs 14 calendar days from placing the initial position on the funded account, and subsequent withdrawals can be made bi-weekly. Profit splits are set at 80% based on the profit generated on the funded account.
– Quick Funding Scaling Plan: Quick Funding features a scaling plan where traders, profitable in the last three months with an average return of 8% over the period and securing at least three successful withdrawals, become eligible for an account size increase equal to 25% of the initial account size.
Example:
– After 3 Months: A qualified $100,000 account increases to $125,000.
– After the Next 3 Months: A qualified $125,000 account increases to $150,000.
– After the Next 3 Months: A qualified $150,000 account increases to $175,000.
Quick Funding Trading Rules & Objectives:
– Profit Target: Traders must achieve designated profit percentages to conclude an evaluation phase successfully, withdraw earnings, or scale their trading account. Phase 1 targets 8%, whereas Phase 2 requires reaching a profit target of 5%, with funded accounts having no specified profit targets.
– Maximum Daily Loss: Traders face a maximum daily loss limit of 5% for all account sizes.
– Maximum Loss: The overall maximum loss limit is set at 10% for all account sizes.
– Maximum Trading Period: Evaluation periods have a maximum trading duration of 30 calendar days for phase one and 60 calendar days for phase two.
Account Size
– $10,000 – €98
– $25,000 – €208
– $50,000 – €329
– $100,000 – €549
– $200,000 – €1,098
True Forex Funds’ Timeless Funding option offers traders the opportunity to manage account sizes ranging from $10,000 up to $200,000. The primary objective is to identify skilled and profitable traders capable of effectively managing risk through the two-step evaluation process. With Timeless Funding, traders can leverage up to 1:100 and choose their account funding currency from USD, EUR, or GBP.
– Evaluation Phase One: During this phase, traders need to achieve an 8% profit target while adhering to the 5% maximum daily loss and 10% maximum loss rules. There are no maximum trading day requirements during phase one. However, traders must engage in a minimum of five trading days to proceed to phase two.
– Evaluation Phase Two: In the second phase, traders aim for a 5% profit target, following the same maximum daily loss and maximum loss rules. Similar to phase one, there are no maximum trading day requirements during phase two. However, a minimum of five trading days is necessary to progress to a funded account.
– Funded Account: Upon successful completion of both evaluation phases, traders receive a funded account with no minimum withdrawal requirements. Adherence to the 5% maximum daily loss and 10% maximum loss rules is mandatory. The first payout occurs 14 calendar days from placing the initial position on the funded account, with subsequent withdrawals submitted bi-weekly. The profit split is set at 80%, based on the profit generated on the funded account.
– Timeless Funding Scaling Plan: The Timeless Funding incorporates a scaling plan. Traders who are profitable in the last three months, with an average return of 8% over the period and at least three successful withdrawals, become eligible for an account size increase equal to 25% of the initial account size.
Example:
– After 3 Months: A qualified $100,000 account increases to $125,000.
– After the Next 3 Months: A qualified $125,000 account increases to $150,000.
– After the Next 3 Months: A qualified $150,000 account increases to $175,000.
Timeless Funding Trading Rules & Objectives:
– Profit Target: Traders must achieve designated profit percentages to conclude an evaluation phase successfully, withdraw earnings, or scale their trading account. Phase 1 targets 8%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
– Maximum Daily Loss: Traders face a maximum daily loss limit of 5% for all account sizes.
– Maximum Loss: The overall maximum loss limit is set at 10% for all account sizes.
– Minimum Trading Days: The minimum duration for trading engagement before successfully concluding an evaluation phase is five days for both phases.
Account Size
– $10,000 – €89
– $25,000 – €189
– $50,000 – €299
– $100,000 – €499
– $200,000 – €998
True Forex Funds’ One-phase Funding option presents traders with the opportunity to manage account sizes ranging from $10,000 up to $200,000. The primary goal is to identify disciplined and profitable traders capable of effectively managing risk through a one-step evaluation period. With One-phase Funding, traders can leverage up to 1:30 and choose their account funding currency from USD, EUR, or GBP.
– Evaluation Phase: During this phase, traders aim to achieve a 10% profit target while adhering to the 3% maximum daily loss and 6% maximum loss rules. There is a 30-calendar day time limit to reach the profit target, and traders must engage in a minimum of 5 calendar days to proceed to a funded account.
– Funded Account: Upon completing the evaluation phase, traders receive a funded account with no minimum withdrawal requirements. Adherence to the 3% maximum daily loss and 6% maximum loss rules is mandatory. The first payout is scheduled 14 calendar days from placing the initial position on the funded account, with subsequent withdrawals submitted bi-weekly. The profit split is set at 80%, based on the profit generated on the funded account.
– One-phase Funding Scaling Plan: The One-phase Funding incorporates a scaling plan. Traders who are profitable in the last three months, with an average return of 8% over the period and at least three successful withdrawals, become eligible for an account size increase equal to 25% of the initial account size.
Example:
– After 3 Months: A qualified $100,000 account increases to $125,000.
– After the Next 3 Months: A qualified $125,000 account increases to $150,000.
– After the Next 3 Months: A qualified $150,000 account increases to $175,000.
One-phase Funding Trading Rules & Objectives:
– Profit Target: Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 10%, and funded accounts do not have any specified profit targets.
– Maximum Daily Loss: Traders face a maximum daily loss limit of 3% for all account sizes.
– Maximum Loss: The overall maximum loss limit is set at 6% for all account sizes.
– Minimum Trading Days: The minimum duration for trading engagement before successfully concluding an evaluation phase is 5 days.
– Maximum Trading Period: The maximum trading duration during which traders must reach the required profit target and conclude the evaluation phase is 30 calendar days.
Payment Verification
True Forex Funds, established in October 2021, is a proprietary trading firm with a thriving community of traders achieving funded status and qualifying for a profit split.
Upon engagement with True Forex Funds and attaining funded status through the Standard Offer, Quick Funding, Timeless Funding, or One-phase Funding, your initial payout becomes eligible after 14 calendar days. Subsequent payouts are available every 14 calendar days if you surpass the initial account size. The profit split is a generous 80%, determined by the profit generated on your funded account.
For evidence of True Forex Funds’ payment integrity, verifiable instances can be found across multiple platforms. Trustpilot, for instance, hosts comments from traders detailing their experiences and the seamless process of receiving payouts. Additional proof is available on True Forex Funds‘ YouTube and Discord channels, showcasing numerous payout certificates from their most successful traders.
Illustrative examples of payout certificates and payment proof are presented in the images below.
Conclusion
In summary, True Forex Funds stands out as a reputable and reliable proprietary trading firm, offering traders the flexibility to choose from five distinctive funding programs: the Standard Offer, Quick Funding, and Timeless Funding, involving a two-step evaluation, and the One-phase Funding, which is a one-step evaluation.
The Standard Offer by True Forex Funds follows a two-step evaluation process, requiring traders to successfully complete both phases to manage a funded account and enjoy 80% profit splits. Meeting profit targets of 8% in phase one and 5% in phase two is crucial for funding success. Adhering to a 5% maximum daily loss and 10% maximum loss rules is essential, coupled with a 5 minimum trading day requirement in both phases. Time limitations include a maximum trading period of 30 calendar days in phase one and 60 calendar days in phase two. Notably, the Standard Offer features a scaling plan, allowing traders to expand their initial account balance.
True Forex Funds’ Quick Funding also involves a two-step evaluation, where traders need to achieve profit targets of 8% in phase one and 5% in phase two for funding success. The same realistic trading objectives apply, with a 5% maximum daily loss and 10% maximum loss rules. No minimum trading day requirements are imposed during the evaluation phases, although there is a maximum trading period of 30 calendar days in phase one and 60 calendar days in phase two. Quick Funding, like the Standard Offer, features a scaling plan for account balance growth.
Timeless Funding by True Forex Funds mirrors the two-step evaluation structure, requiring traders to meet profit targets of 8% in phase one and 5% in phase two for funding eligibility. The same trading rules apply, including a 5% maximum daily loss and 10% maximum loss rules. No minimum trading day requirements exist during the evaluation phases, but a minimum of 5 calendar days of trading is mandatory. Timeless Funding, like its counterparts, features a scaling plan for potential account balance expansion.
True Forex Funds’ One-phase Funding stands out as a one-step evaluation, necessitating traders to achieve a profit target of 10%. Meeting this objective is realistic, considering a 3% maximum daily loss and 6% maximum loss rules. There is a 5 minimum trading day requirement during the evaluation phase, along with a maximum trading period of 30 calendar days. The One-phase Funding program also includes a scaling plan, providing traders the opportunity to augment their initial account balance.
For individuals seeking a reputable proprietary trading firm catering to diverse trading styles, I highly recommend True Forex Funds. Their offerings include favorable features such as an unlimited trading period (Timeless Funding), no minimum trading day requirements (Quick Funding), a first withdrawal option after just 14 calendar days, and the convenience of bi-weekly future payouts. Considering the comprehensive benefits True Forex Funds extends to traders globally, they firmly establish themselves as one of the leading prop firms in the industry.
True Forex Funds Details
Trading Platforms
Deposit Methods
Crypto, Debit/Credit Card
Withdrawal Methods
Bank Transfer, Crypto
Account Size
$10.000, $20.000, $50.000, $100.000, $200.000
Tradable Instruments
Commodities, Crypto, Forex, Indices, Metals, Stocks
Rules
Maximum Daily Loss, Maximum Loss, Maximum Trading Period, Minimum Trading Days, Profit Target
Brokers
Liquidity Provider with Stimulated Real Trading Conditions
Account Currencies
EUR, GBP, USD
Trading Programs
Two Step Challenge, One Step Challenge
Incorporation
October 2018
CEO
Richard Nagy
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