True Forex Funds Review for 2024
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Last Updated: January 5, 2023
True Forex Funds Review
Cost:
€89-€998 (from $95)
Instruments:
Huge Selection - Forex, Crytpo, Shares, Commodities, CFDs
Leverage:
1:100
Trading Account Limit:
Up to $400,000/trader or strategy
Days to Funding:
No minimum
Trading Platforms:
MT4, MT5, cTrader (will be available soon)
Highlights:
Low Profit Target, No Minimum Trading Days, 80/20 Profit Split, Weekend Positions and Crypto Trading
True Forex Funds Overview
Don’t depend on small capital to tackle the markets. A small fee and passing of a simple two-step evaluation can have you funded with up $400,000 account in a single day.
Sign up for True Forex Funds and you should have your trading platform logins automatically generated and sent to you in minutes. No minimum time requirement can get you signing prop firm partnership papers in one day.
True Forex Funds can help you improve your trading skills and make your career successful. TFF system was designed to provide a smooth, easy-to-use trading experience that doesn't place any restrictions on your Forex trading style. There are a few rules that we have established. TFF's main goal is to help the growing community find profitable traders who will be consistent.
Amazing Trading Conditions: We have partnered with trusted cryptocurrency exchanges and liquidity providers to offer world-class trading conditions. You can trade as low as 0.0 pip with the Raw spread accounts!
Industry-Leading Targets: You can achieve your goals with ease by meeting True Forex Funds' Profit targets. The minimum trading days are not required, and we offer bi-weekly payments to ensure your peace of mind.
No cost for a second attempt: You are eligible for a free retry if you don't violate the Loss Limits or if your account balance is positive. You can have unlimited free retries with us.
Before diving into all the advantages that make fast-growing trader funding program special, let’s have a look at their best programs
| $10,000 | $25,000 | $50,000 | $100,000 | $200,000 | |
|---|---|---|---|---|---|
| Minimum Trading Days | X | X | X | X | X |
| Phase 1 | 30 days | 30 days | 30 days | 30 days | 30 days |
| Phase 2 | 60 days | 60 days | 60 days | 60 days | 60 days |
| Max Daily Loss | $500 | $1,250 | $2,500 | $5,000 | $10,000 |
| Max Overall Loss | $1,000 | $2,500 | $5,000 | $10,000 | $20,000 |
| Profit Target Phase 1 | $800 | $2,000 | $4,000 | $8,000 | $16,000 |
| Profit Target Phase 2 | $400 | $1,000 | $2,000 | $4,000 | $8,000 |
| Monthly Fee | X | X | X | X | X |
| Refundable Fee | €89 | €189 | €299 | €499 | €998 |
True Forex Review Process
Seeing new comer offer such trader friendly accounts parameters, low profit target, 0 day funding and tight spreads sounded too good to be true. We were eager to trade with such great trader funding program, especially with it being one of few weekend crypto trading programs. But had to take a few months to make sure the program was legit and no red flags were present.
How we approached our review process and stress test of the program that seemed almost too good to be true:
- Signed up for accounts on slowest weekend hours and during the week
- Harassed support with questions
- Monitored their Discord and socials for negative feedback or red flags
- Traded during the wildest of volatility
- Got paid multiple times
- Saw they payed out six figure payment and five figure payments without a hitch
- Monitored how they reacted to increased volatility while having internal risk manager system somewhat unprepared
We are pleased to report that True Forex performed great despite difficult time for trader funding programs during war time, pandemic and Fed jitters.
Go to
True Forex Funds to follow along with our comprehensive review
True Forex Funds vs Competition
Before gloating about all the top features of True Forex Funds let’s get talk about some areas where it isn’t crushing the competition
Profit Split - 80% is just on par with most programs, while some other programs go a bit higher, 80% is in line with most popular programs.
Cost - Programs cost just a bit more than programs of equal virtual size. However, that doesn’t mean the program offers lesser value. Features offered more than make up for having to pay a few extra percent. Evaluation fee is refundable and returned with the first payout.
True Forex Funds Highlights
Low-Profit Target - Only 8% in Phase 1 and 4% in Phase 2. A total of 12% profit target is the industry-leading feature of True Forex Funds. Now just low traders also get to enjoy a generous drawdown.
Drawdown - in both Phase 1 and Phase 2 of trader evaluation True Fores Funds has the same drawdown parameters. 10% Maximum overall Looss. 5% Maximum Daily loss. 10% maximum overall loss is static. No trailing. The massive advantage over trailing drawdown programs. Features that don’t exist in futures space at all, but is amazing to have in forex funding space.
Refundable Fee - Not only are you getting an opportunity to access significant Forex trading funds at 100:1 leverage, but you are also potentially getting that opportunity for free. Traders get their evaluation fee refunded with the first withdrawal.
Trader freedom - as long as you do not abuse the system trying to create an advantage by executing trades that can not be replicated in the live environment, you are free to trade any strategy or style you would like.
Swing trading - hold traders overnight or over the weekend, no restrictions or requirements to close traded in evaluation environment, Just stay above
Weekend Trading - Trade crypto 7 days a week. Trade crypto with leverage any time you please, growing cryptocurrency selection offer the best spreads in crypto funding
Product selection - massive product selection day trader or swing trade forex pairs, indices, energies, metals, futures, bonds, commodities, cryptocurrencies, and oil.
Account growth opportunity - True Forex Funds is invested in your success. Make 8% profit in 3 months of live trading and be profitable in 2 of 3 trading months and increase your account by 25%. More money to trade with and no upside to the scaling limit. All for starting in a refundable free program.
Support - Always fast and helpful response
Handling of adverse events - Many funded trader programs got hurt by increased volatility caused by war and fed events. Some had to delay account creations, remove many products or disable trading altogether. Meanwhile True Forex continued providing same great product throughout the events while taking a hit from participating in low liquidity environment. Impressive stress test for new company that also had to pay out six and multiple five figure payouts.
True Forex Funds Discount Code
From what we have researched, there are no discount codes available to purchase True Forex Funds. The prop firm must feel like what they are providing are of great value as it is so that you will not need a discount code to join the True Forex Funds program.
Funding Process Experience
Signup process is pretty simple. Traders from around the world are welcome to sign up using either credit / debit cart payment processed by Stripe or pay with cryptocurrency. During purchase traders select desired platform to use during evaluation.
Shortly after payment trader get access to the trader evaluation dashboard.
Dashboard includes:
- Credentials for the platform
- Chart of performance either by trade or by date
- Daily trading objectives with allowed daily and total loss amounts
- Daily Summary
- Trade Log
Upon reaching profit goal, if account if flat, risk manager will flag account as "Passed' and after quick review Phase 2 or Live Account will be on the way.
True Forex Instruments
Wide array of instruments is available:
- Forex
- Shares
- Commodities
- Metals
- World Index CFDs
- Bonds
All products offer great spreads.
While testing our the program's Phase 1, Phase 2 and live environment tried to enter many random instruments in different sizes without issue. Bond CFDs, Cruse, TSLA, NVDA, Amazon, Russel index, 7 Bitcoin at once all filled smoothly without noticeable slippage. Very impressive for new company without established long term liquidity provider connection and extremely volatile market environment.
Those of course are secondary instruments that perform very well. True Forex Funds really shines in currency trading and has recently made an announcement on implementing even better conditions. Please see the exciting announcement below:
Most probably from the 9th Monday, the newly issued accounts will receive truly raw forex spreads through TFF new bridge.
On most of the major pairs, you will be able to open positions from 0.0 pips. The main goal was to recreate the well-loved IC Markets conditions. On a few symbols, we even get above them and we are really happy regarding that. Helping traders is our main interest because we are able to reach new highs if our traders are profitable, therefore providing the best conditions is inevitable.
We do not have short-term plans for improving on other symbols right now, because from Monday our IT team will focus only on the new design and features. Including but not limited to:
- detailed statistics on your trading performance
- automated withdrawal request
- funded traders KYC
- automated certificates
- leaderboard
etc. etc.
The above-mentioned features and the design is our IT team's main priority right now. We really hope you will be satisfied with the new forex spreads. Please keep in mind, that only the newly issued accounts will be able to trade on the new bridge, for example: if you pass Phase 1 or receive your Funded account, etc. It is technically not possible to change the spreads on the current symbols because it's a different bridge. Please see the attached picture of a few most likely-traded pairs. We can promise that you won't be disappointed with any other forex pairs as well. Have a great weekend!
Small profit target, no minimum day requirement, redunable free and excellent spreads on diverse range of products really makes True Forex an all in one trader funding solution.
Have you heard enough?
Payouts By True Forex Funds
Traders get paid their 80% profit split every two weeks. Simply keep accounts flat, request a payout and it will be sent out via Deel or multitude of payment options. In our trader experience payments were always made on time. Withdrawals from DEEL were exceedingly simple as well.
Unfortunatley for us we were not able to stress test the True Forex payments like their super star trader Cody who made one of single biggest withdrawals in funded trader universe:
Plenty of other Trader success stories shared by True Forex Prop Firm traders:
Ready to join the best Funded Trader Program with 0 day funding and great product offerings? Go to TRUE FOREX TRADER FUNDING programs now
Is The True Forex Funds Legit?
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True Forex Funds Reviews
True Forex Funds on Facebook
At the time of this writing, True Forex Funds has 1,529 likes on their Facebook page as well as 1,741 followers. When we looked at the review score on Facebook, True Forex Funds boasted a 5.0/5.0 Rating according to 209 people that left feedback. After reading the reviews for a while, we did get a little suspicious over the nature and content of these reviews. They seem to have been following a template. However, you can decide for yourself if True Forex Funds Facebook reviews are trustworthy.
As far as Facebook posts go, TFF does a good job at staying active on this social media platform and posts important updates here. This was the platform where we found out about their new updated dashboard as well.
True Forex Funds on Instagram
True Forex Funds Instagram account is staying fairly active. Many posts are the same ones that they post on Facebook as well, so you might be double dipping into TFF content quite a bit.
Prop firm has 6,286 followers at the time of this writing and has posted 47 posts on Instagram. They also have a few reels saved with Payouts, YouTube vides and Q&A.
Engagement on the posts seems to be overly high based on the amount of followers that True Forex Funds has. While it raises questions again, just like their Facebook profile did, you will need to do your own research and assess the trustworthiness.
True Forex Funds on Twitter
True Forex Funds Twitter account is probably the least used platform. There are only 13 tweets pushed out by the company. However, there are 296 followers that are waiting for them to tweet something new.
While there are only 13 tweets, True Forex Funds seem to have picked up their game and started tweeting a bit more as of recently. Their tweets consist of either announcements or promotional graphics with calls to action.
True Forex Funds on Trustpilot
True Forex Funds Trustpilot reviews seem to confirm the strong reputation of True Forex Funds prop firm. With 208 reviews on their Trustpilot profile, this proprietary trading firm averaged 4.5/5.0 star rating. According to Trustpilot it has an Excellent rating and is a verified company with claimed profile.
Frequently Asked Questions about True Forex Funds Program:
See more of The Best Funded Trader Programs for 2023
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