Embark on a journey with True Forex Funds, where your trading prowess is unrestrained and rewarded. Explore how this platform prioritizes your strategy and success, while offering a lucrative 80% profit split.

True Forex Funds Review: Empowering Traders to Succeed

True Forex Funds stands out in the trading world by offering traders unparalleled freedom in their trading journey. The company firmly believes in the autonomy of its traders, allowing them to trade at their discretion without imposing any restrictions on their trading style. Traders are free to hold onto their trades for as long as they deem necessary, ensuring that their individual strategies can be fully realized. The primary focus of True Forex Funds is not to micromanage trading methods but rather to maintain a keen eye on loss limits. This approach demonstrates their commitment to fostering a risk-aware trading environment while simultaneously giving traders the space to operate independently. The ultimate objective of the company is to identify and collaborate with consistently profitable traders. In recognition of their talents and efforts, True Forex Funds offers a generous 80% profit split, underlining their dedication to rewarding success and promoting trader growth.

Who are True Forex Funds?

True Forex Funds, a reputable proprietary trading firm, is headquartered in Hungary and specializes in empowering motivated traders who lack sufficient capital. The firm offers up to $400,000 in funding, coupled with an attractive 80% profit split. This substantial financial backing is designed to enable traders to maximize their trading potential. True Forex Funds has established a robust partnership with a tier-1 liquidity provider, ensuring that their traders experience the best simulated real market trading conditions. This collaboration is a testament to the firm’s commitment to providing an authentic and competitive trading environment. The company operates under the official name True Proprietary Funds Kft. and is a registered entity with an ID number of 08-09-033732. Furthermore, it holds a VAT identification number HU27478930, showcasing its legitimacy and business transparency. True Forex Funds’ corporate office is situated at Móricz Zsigmond 1/B, ground floor 14, in the city of Győr, Hungary, cementing its presence as a significant player in the global trading industry.

Funding Program Options at True Forex Funds

True Forex Funds offers an array of funding program options, tailored to meet the diverse needs of its traders. The firm provides four distinct types of evaluation program accounts, each designed with specific features and objectives in mind. These options include:

• Standard Evaluation Program Accounts: This program follows the traditional evaluation approach, offering a balanced pathway for traders.
• Quick Funding Evaluation Program Accounts: Designed for traders seeking a faster route to funding.
• Timeless Funding Evaluation Program Accounts: This option allows traders more flexibility with no time constraints.
• One-phase Evaluation Program Accounts: A streamlined program for those preferring a more direct evaluation process.

It’s important to note that out of these four programs, three are industry-standard two-step evaluation programs. Each of these programs comes with its own set of prices and trading objectives, reflecting the diverse range of trading styles and goals. Furthermore, True Forex Funds offers the flexibility of choosing the preferred funding currency. Traders can opt to be funded in USD, EUR, or GBP, catering to their individual needs and preferences.

Standard Evaluation Program Accounts at True Forex Funds

The Standard Evaluation Program Accounts offered by True Forex Funds are designed to identify and reward serious, talented traders. This two-phase evaluation program is a comprehensive process aimed at assessing consistency and skill in trading. The program facilitates trading with a leverage of 1:100, offering a range of account sizes with corresponding prices:

• $10,000 Account – €89
• $25,000 Account – €189
• $50,000 Account – €299
• $100,000 Account – €499
• $200,000 Account – €998

Phase One of Evaluation

In the first phase of evaluation, traders are required to achieve an 8% profit target without exceeding a 5% maximum daily loss or a 10% maximum overall loss. Traders must hit this target within 30 calendar days from the commencement of their first trade in the evaluation account. Additionally, a minimum of five trading days is required to progress to the second phase.

Phase Two of Evaluation

The second phase involves reaching a 5% profit target while adhering to the same maximum loss rules as phase one. This target must be achieved within 60 calendar days from the initiation of trading in this phase. Similar to the first phase, a minimum of five trading days is also necessary to qualify for a funded account. Upon successful completion of both phases, traders are granted a funded account without any profit targets. The only requirements are to respect the 5% maximum daily loss and 10% maximum overall loss rules. The first payout occurs 14 calendar days from the first trade in the funded account, with subsequent payouts on a bi-weekly basis. Notably, traders enjoy an 80% profit split on the earnings made in their funded account.

Standard Evaluation Program Account Scaling Plan at True Forex Funds

The Standard Evaluation Program Accounts at True Forex Funds offer a compelling scaling plan, providing traders with an opportunity to grow their account size significantly. This plan is structured to reward consistent profitability over a period of time. To qualify for the scaling plan, traders must achieve a minimum profit target of 8% within a three-month period, ensuring that at least two out of these three months are profitable. Meeting these criteria results in a substantial account increase of 25% of the original account balance. Let’s illustrate this with examples:

• Initial 3 Months: For a trader with an initial account balance of $200,000, achieving the required profit target will lead to an increased balance of $250,000.
• Following 3 Months: If the trader continues to meet the profit targets, the balance will further increase from $250,000 to $300,000.
• Subsequent 3 Months: Continuing this trend, the balance would then grow from $300,000 to $350,000.

This scaling plan continues in a similar fashion, providing ongoing incentives for traders to maintain profitability over extended periods. It’s a progressive approach that encourages traders to consistently perform at their best, while offering tangible rewards for their success.

Understanding the Standard Evaluation Program Account Rules

Traders engaging with the Standard Evaluation Program must adhere to specific guidelines to ensure successful trading and account management. These rules are essential for navigating the evaluation phases and managing funded accounts.

Profit Targets Across Different Phases

The profit target is a crucial benchmark in the Standard Evaluation Program. During Phase 1, traders are expected to achieve an 8% profit target. In Phase 2, this target is slightly reduced to 5%. Interestingly, once traders are operating with funded accounts, they are not bound by any profit target constraints.

Daily and Overall Loss Limits

Adhering to loss limits is pivotal for risk management. The program stipulates a maximum daily loss limit of 5% across all account sizes. Additionally, traders must be cautious not to exceed an overall maximum loss of 10%, as this could lead to account violation and potential closure.

Minimum and Maximum Trading Days

Traders are required to engage in trading for a minimum of 5 days to complete an evaluation phase or request a withdrawal. The program also sets a ceiling for trading days, with Phase 1 allowing a maximum of 30 trading days and Phase 2 extending this to 60 trading days.

Risks Associated with Third-Party Copy Trading

Using third-party copy trading services brings its own set of risks. Traders must be aware that such services may be employed by other traders, leading to duplicated trading strategies. This could impact the trader’s chance of securing a funded account or making a withdrawal, especially if the maximum capital allocation rule is exceeded.

Third-Party EA (Expert Advisor) Risks

Similarly, employing third-party Expert Advisors (EAs) can pose risks. The usage of identical strategies by multiple traders through the same EA might lead to complications in account management, and could also affect the trader’s ability to maintain a funded account or withdraw funds if it results in surpassing the maximum capital allocation limit.

Overview of True Forex Funds Quick Funding Evaluation Program Accounts

The True Forex Funds Quick Funding evaluation program is designed to discover and reward skilled traders who demonstrate consistent performance. This two-phase evaluation offers trading with a leverage of 1:100, tailored for serious traders.

Account Size and Pricing Structure

The program presents various account sizes, each with its specific price:

• $10,000 account for €98
• $25,000 account for €208
• $50,000 account for €329
• $100,000 account for €549
• $200,000 account for €1,098

Evaluation Phase One: Profit Targets and Loss Limits

In the first phase of the evaluation, traders are required to achieve an 8% profit target within 30 calendar days from the initiation of their first trade. It’s essential to adhere to the 5% maximum daily loss and 10% overall maximum loss rules. Notably, there are no minimum trading days required to progress to the second phase.

Evaluation Phase Two: Extended Goals and Requirements

During the second phase, the profit target is set at 5%, with the same loss limits as in the first phase. Traders need to hit this target within 60 calendar days from their first trade in this phase. Again, there are no minimum trading day requirements to advance to a funded account.

Achieving a Funded Account: Benefits and Payouts

Successful completion of both evaluation phases leads to a funded account, where traders are free from profit targets but must still observe the 5% maximum daily loss and 10% maximum loss rules. The first payout occurs 14 calendar days after the first trade in the funded account, with subsequent bi-weekly payouts. Importantly, traders receive an 80% profit split based on their earnings in the funded account.

Scaling Plan of Quick Funding’s Evaluation Program

The Quick Funding evaluation program offers a dynamic account scaling plan designed to reward successful traders. Participants are tasked with achieving a minimum profit target of 8% over a three-month period, with the requirement that profits are earned in at least two out of these three months. Upon meeting these criteria, the trader’s account balance is boosted by 25% based on the original amount.

Illustrative Examples of Account Growth

Let’s delve into some practical examples to understand how the scaling plan functions:

• Initial Stage: With an initial account of $200,000, reaching the profit target within the specified period will elevate the account balance to $250,000.
• Second Phase: In the subsequent three months, achieving the profit target with the now $250,000 account will raise the balance to $300,000.
• Continued Growth: Following another successful three-month period, the account which stands at $300,000 will see an increase to $350,000.
• The process continues in this manner, offering consistent growth opportunities for successful traders.

This scaling mechanism provided by the funded program not only incentivizes traders but also provides a clear pathway for continuous financial growth within the trading platform.

Account Rules of Quick Funding Evaluation Program

The Quick Funding evaluation program sets forth specific rules and targets that traders must adhere to. These rules are pivotal in maintaining the integrity and operational efficiency of the program. Below is an overview of these crucial guidelines.

Profit Targets

Profit targets are predefined profit percentages that traders must achieve to successfully complete an evaluation phase, withdraw profits, or scale their account. Specifically:

• Phase 1: The profit target is set at 8%.
• Phase 2: A slightly lower profit target of 5% is required.
• Funded Accounts: Interestingly, there are no profit targets for funded accounts.

Maximum Daily and Overall Loss Limits

Quick Funding emphasizes risk management through its loss limit rules:

• Maximum Daily Loss: For all account sizes, the maximum allowable daily loss is capped at 5%.
• Maximum Overall Loss: The total loss threshold is set at 10% across all account sizes.

Maximum Trading Days

There is also a limitation on the number of trading days allocated for achieving specific targets:

• Phase 1: A maximum of 30 trading days is allowed.
• Phase 2: Extends to a maximum of 60 trading days.

Third-Party Copy Trading and EA Risks

Use of third-party services in trading involves specific risks:

• Copy Trading: Utilizing third-party copy trading services can lead to strategy duplication, as other traders may also be using the same service. This poses a risk of exceeding the maximum capital allocation rule.
• Expert Advisors (EAs): Similar to copy trading, using third-party EAs may result in strategy redundancy. This too could lead to a breach of the capital allocation rule.

Understanding and adhering to these rules is essential for traders participating in the Quick Funding evaluation program, as they form the backbone of the trading framework and are key to a trader’s success within the program.

Limitless Funding Evaluation Program by True Forex Funds

True Forex Funds introduces the Limitless Funding Evaluation Program, designed to identify and reward consistent and skilled traders. This two-phase evaluation process is integral in determining the aptitude of traders. The program also features the advantage of trading with a leverage of 1:100.

Program Account Sizes and Pricing

The program offers various account sizes, each with its specific pricing:

• $10,000 account for €98
• $25,000 account for €208
• $50,000 account for €329
• $100,000 account for €549
• $200,000 account for €1,098

Phase One Evaluation

During the first phase of the evaluation, traders must:

• Achieve a profit target of 8%.
• Adhere to a 5% maximum daily loss limit and a 10% maximum overall loss limit.
• Trade for a minimum of five days, with no maximum trading day requirement.

Phase Two Evaluation

The second phase follows with slightly different targets:

• A profit target of 5% is set.
• The same loss limits apply as in phase one.
• Traders must trade for at least five days, again with no maximum trading day limit.

Funded Account Advantages

Successful completion of both phases leads to a funded account, which comes with its own set of rules:

• No profit targets are imposed.
• The 5% maximum daily loss and 10% maximum overall loss limits still apply.
• The first payout occurs 14 calendar days after the first trade, with subsequent payouts every two weeks.
• Traders enjoy an 80% profit split on the earnings from their funded accounts.

The True Forex Funds Limitless Funding Evaluation Program is an excellent opportunity for traders to demonstrate their skill and consistency, with the potential for substantial financial rewards and professional growth.

Limitless Funding Evaluation Program Account Scaling Plan

The Limitless Funding evaluation program offers an attractive account scaling plan, designed to encourage and reward traders for consistent performance. Traders are tasked with achieving a minimum profit target of 8% over a three-month period, with the requirement that profits are generated in at least two of those months. Successful traders are rewarded with a 25% increase in their original account balance.

How the Scaling Plan Works

Here’s a breakdown of how the scaling plan functions:

• Initial Three Months: If you start with a $200,000 account and meet the profit target, your balance will be boosted to $250,000.
• Following Three Months: Continuing your success, the new $250,000 balance can grow to $300,000.
• Subsequent Periods: This pattern continues, with each period of success leading to further increments in account balance. For example, a balance of $300,000 can rise to $350,000 in the next phase.

The funded programme is structured to continuously reward traders for maintaining profitable trading strategies, with the potential for significant account growth over time.

Rules of the Limitless Funding Evaluation Program

The Limitless Funding evaluation program comes with specific rules that traders must adhere to for successful participation. These rules are designed to foster disciplined trading and assess the trader’s ability to manage risk effectively.

Profit Targets

Profit targets are a crucial aspect of the evaluation program:

• Phase 1 Profit Target: Traders need to achieve a profit of 8% to complete this phase.
• Phase 2 Profit Target: A reduced target of 5% is set for this phase.
• Funded Accounts: Once funded, there are no set profit targets.

Loss Limitations

Understanding the loss limitations is key to avoiding account violations:

• Maximum Daily Loss: A limit of 5% is set for all account sizes. Exceeding this results in an account violation.
• Overall Maximum Loss: The threshold for the total loss is capped at 10% across all account sizes.

Minimum Trading Days

Traders must meet the minimum trading day requirement:

• Both evaluation phases require a minimum of 5 trading days to be completed.

Risks Associated with Third-Party Tools

There are specific risks involved when using third-party trading tools:

• Third-Party Copy Trading Risk: Using such services might lead to strategy duplication with other traders, potentially affecting the eligibility for a funded account or withdrawals.
• Third-Party EA Risk: Similar risks apply when using third-party EAs (Expert Advisors), with the added possibility of exceeding the maximum capital allocation rule.

These rules, set by the London-based company, aim to guide traders through the evaluation process and into successfully managing a funded account.

True Forex Funds One-Phase Evaluation Program Account

True Forex Funds offers a streamlined, one-phase evaluation program for traders. This program is designed for efficiency, with no maximum trading day limits and leverage of up to 1:30.

Account Size and Pricing

The program offers various account sizes with corresponding prices:

• $10,000 account for €89
• $25,000 account for €189
• $50,000 account for €299
• $100,000 account for €499
• $200,000 account for €998

One-Phase Evaluation Requirements

The key requirements for the one-phase evaluation program are:

• Profit Target: A 10% profit target must be achieved.
• Loss Limitations: Traders must not exceed a 3% maximum daily loss or a 6% overall maximum loss.
• Timeframe: The profit target should be met within 30 calendar days from the first position placed on the evaluation account.
• Minimum Trading Days: A requirement of at least five trading days is needed to progress to a funded account.

Funded Account Benefits

Upon successful completion of the evaluation, traders are entitled to the following in their funded accounts:

• No Profit Targets: There are no profit targets in the funded account stage.
• Loss Rules: The 3% maximum daily and 6% maximum loss rules still apply.
• Payouts: The first payout occurs 14 days after the first position is placed, with subsequent bi-weekly payouts.
• Profit Split: Traders enjoy an 80% profit split on the earnings made in the funded account.

This one-phase evaluation program by True Forex Funds simplifies the path to a funded account while maintaining rigorous standards for responsible trading.

Account Scaling Plan of Limitless Funding Evaluation Program

The Limitless Funding evaluation program offers a progressive account scaling plan. Traders are tasked with achieving a minimum profit target of 8% within a three-month timeframe, ensuring profitability in at least two of these months. Successful completion of this criterion leads to a 25% increase in the original account balance. For instance:

• Upon completing 3 months, a $200,000 account is augmented to $250,000.
• After the subsequent 3 months, the balance rises from $250,000 to $300,000.
• Following another 3 months, the account grows from $300,000 to $350,000.

This pattern continues, providing traders with significant opportunities for account growth as they demonstrate consistent profitability.

One-Phase Evaluation Program Account Rules

The One-Phase Evaluation Program outlines specific rules and requirements for traders, which are crucial for successful participation and account scaling.

Key Rules and Requirements

• Profit Target: During the evaluation phase, traders must achieve a profit target of 10%. However, there are no profit targets for the funded account.
• Maximum Daily Loss: A fixed daily loss limit of 3% applies to all account sizes, beyond which the account is considered violated.
• Overall Maximum Loss: Traders must ensure their overall loss does not exceed 6% across all account sizes to avoid account violation.
• Minimum Trading Days: A minimum of 5 trading days is required to complete the evaluation phase or to request a withdrawal.
• Maximum Trading Days: Traders have a 30 calendar day period to meet their profit or withdrawal targets.
• Third-Party Copy Trading Risk: Using third-party copy trading services may lead to the risk of denied funding or withdrawals if maximum capital allocation rules are exceeded.
• Third-Party EA Risk: Similar risks apply when using third-party Expert Advisors (EAs), with the potential for denied funding or withdrawals.
• Trading Instruments: The program includes trading in forex pairs, commodities, indices, and cryptocurrencies.

Additionally, the One-Phase Evaluation Program offers two notable features:

• If a Phase One account’s 30-day trading period expires but meets free retry conditions, new login credentials are provided the next business day. This is applicable for Standard, Quick Funding, and One-Phase Evaluation Program accounts.
• For Phase Two accounts in Standard and Quick Funding programs, if the 60-day period expires under free retry conditions, new Phase Two credentials are issued the next business day, avoiding a reset to Phase One.

These features enhance the flexibility and opportunities for traders within the program.

What Sets True Forex Funds Apart from Other Prop Firms?

True Forex Funds distinguishes itself in the competitive world of proprietary trading firms with its unique offerings and flexible trading conditions.

Unique Features of True Forex Funds

• Variety of Evaluation Accounts: The firm presents three types of two-step evaluation accounts and a one-phase evaluation account, catering to diverse trading needs and strategies.
• Unregulated Trading Style: True Forex Funds stands out by not imposing restrictions on trading styles. Traders have the freedom to trade during news, hold trades overnight, and keep positions open over weekends.

Furthermore, the True Forex Funds Standard Evaluation Program offers distinct advantages compared to its peers:

• Two-Phase Evaluation: This program requires traders to successfully navigate through two evaluation phases before becoming eligible for payouts.
• Profit Targets and Loss Rules: The program sets a profit target of 8% for phase one and 5% for phase two. It maintains a 5% maximum daily loss and 10% overall maximum loss rule.
• Timeframe and Minimum Trading Days: Phase one must be completed within 30 calendar days and phase two within 60 calendar days. Each phase requires a minimum of 5 trading days.
• Account Scaling Plan: The program includes an account scaling plan, further enhancing its appeal.
• Comparative Edge: When contrasted with other leading prop firms, True Forex Funds offers lower profit targets and more relaxed trading rules, making it a favorable choice for many traders.

These features collectively make True Forex Funds a compelling option for traders looking for flexibility and varied opportunities in proprietary trading.

Comparison Review: True Forex Funds vs Finotive Funding

When evaluating the trading objectives of True Forex Funds and Finotive Funding, it’s essential to delve into the specifics to understand how each prop firm stands out. This comparison will focus on various key metrics such as profit targets, loss limits, trading periods, and profit splits, offering a comprehensive overview of these two firms.

Phase 1 Profit Target

True Forex Funds sets a Phase 1 Profit Target at 8%, while Finotive Funding slightly lowers it to 7.5%.

Phase 2 Profit Target and Maximum Daily Loss

Both firms align on their Phase 2 Profit Target and Maximum Daily Loss, maintaining a steady 5% in these areas.

Overall Maximum Loss Limit

The Maximum Loss limit is identical for both, capped at 10%.

Minimum Trading Days Requirement

True Forex Funds requires a minimum of 5 Calendar Days of trading, whereas Finotive Funding does not impose a minimum trading days requirement.

Maximum Trading Period

True Forex Funds sets a maximum trading period of 30 Calendar Days for Phase 1 and 60 Calendar Days for Phase 2. In contrast, Finotive Funding offers an Unlimited trading period for both phases.

Profit Split

Profit split varies between the two firms: True Forex Funds offers an 80% profit split, while Finotive Funding starts at 75% and can go up to 95%, depending on certain conditions. These differences highlight the unique approaches of each firm, offering traders varied options to suit their trading style and objectives. For more information on forex prop firms, visit All Prop Trading Firms or check out their comprehensive list at Forex Funded Programmes.

Comparison Review: True Forex Funds vs FundedNext

Exploring the trading objectives of True Forex Funds and FundedNext, particularly their Stellar program, reveals several similarities and differences crucial for traders to understand. This comparison will look at their profit targets, loss limits, trading period constraints, and profit splits.

Profit Targets for Phase 1 and Phase 2

Both True Forex Funds and FundedNext align perfectly in their Phase 1 and Phase 2 Profit Targets, each setting them at 8% and 5% respectively.

Maximum Daily Loss and Overall Loss Limit

The firms maintain a consistent stance on loss limits, with both setting the Maximum Daily Loss and Maximum Loss at 5% and 10% respectively.

Minimum Trading Days

There is a uniform requirement from both firms for a minimum of 5 Calendar Days of trading.

Maximum Trading Period

True Forex Funds stipulates a maximum trading period of 30 Calendar Days for Phase 1 and 60 Calendar Days for Phase 2. FundedNext, on the other hand, offers an Unlimited trading period for both phases, providing greater flexibility.

Profit Split

While True Forex Funds offers a flat 80% profit split, FundedNext starts at the same rate but offers the potential to increase up to 90%. This comparison shows that while there are many similarities between True Forex Funds and FundedNext’s Stellar program, key differences lie in the maximum trading period and the profit split potential. For detailed insights into forex prop firms, visit All Prop Trading Firms or explore their extensive list at Forex Funded Programmes.

Comparison of True Forex Funds and E8 Funding Trading Programs

When assessing trading programs like True Forex Funds and E8 Funding, it’s vital to consider various metrics to understand their offerings better. The following comparison sheds light on their respective features.

True Forex Funds (Standard) vs. E8 Funding (Normal)

• Phase 1 Profit Target: Both programs have an 8% target.
• Phase 2 Profit Target: A 5% target is consistent across both.
• Maximum Daily Loss: Limited to 5% in both programs.
• Maximum Loss: True Forex Funds sets a 10% limit, while E8 Funding starts at 8%, scalable up to 14%.
• Minimum Trading Days: True Forex Funds requires 5 calendar days, whereas E8 Funding imposes no minimum.
• Maximum Trading Period: True Forex Funds sets 30 days for Phase 1 and 60 for Phase 2, whereas E8 Funding offers unlimited time for both phases.
• Profit Split: Both offer an 80% profit split to traders.

True Forex Funds’ Quick Funding Evaluation Program

The Quick Funding evaluation program from the London-based company, True Forex Funds, is a two-phase process. The program requires traders to achieve 8% and 5% profit targets in phases one and two, respectively. There are specific parameters such as a 5% maximum daily loss and a 10% overall maximum loss. It’s important to complete phase one within 30 calendar days and phase two within 60 calendar days. This program stands out in the industry due to its low profit targets, absence of minimum trading days, and lenient trading guidelines.

True Forex Funds vs. Funding Pips: Trading Program Comparison

When examining the trading programs of True Forex Funds and Funding Pips, several key aspects highlight their respective features and differences. Below is a detailed comparison of their trading objectives.

True Forex Funds (Quick Funding) vs. Funding Pips

• Phase 1 Profit Target: Both programs set an 8% target.
• Phase 2 Profit Target: Each has a 5% target in the second phase.
• Maximum Daily Loss: Capped at 5% in both programs.
• Maximum Loss: A 10% limit is applied in both.
• Minimum Trading Days: Neither program imposes a minimum trading day requirement.
• Maximum Trading Period: True Forex Funds stipulates 30 days for Phase 1 and 60 for Phase 2, whereas Funding Pips offers unlimited time for both phases.
• Profit Split: True Forex Funds offers an 80% split, while Funding Pips offers 80% up to 90%.

Overview of True Forex Funds and Funding Pips Programs

Both the True Forex Funds and Funding Pips trading programs offer competitive terms for traders. The absence of minimum trading days in both programs provides flexibility. True Forex Funds enforces a structured timeline for each phase, whereas Funding Pips offers more leeway with unlimited trading periods. Additionally, Funding Pips stands out with its potentially higher profit split, offering up to 90% compared to True Forex Funds’ fixed 80% split.

Comparing True Forex Funds and The Funded Trader Programs

For those exploring the trading programs offered by True Forex Funds and The Funded Trader, it’s essential to delve into their specific trading objectives. The following comparison provides insights into the unique aspects of each program.

True Forex Funds (Quick Funding) vs. The Funded Trader (Standard)

• Phase 1 Profit Target: True Forex Funds targets 8%, while The Funded Trader aims for 10%.
• Phase 2 Profit Target: Both set a 5% goal in the second phase.
• Maximum Daily Loss: Capped at 5% in True Forex Funds, and 5% (or 6% with an add-on) in The Funded Trader.
• Maximum Loss: 10% for True Forex Funds and 10% (12% with an add-on) for The Funded Trader.
• Minimum Trading Days: True Forex Funds does not require minimum trading days, whereas The Funded Trader mandates 3 calendar days.
• Maximum Trading Period: True Forex Funds limits phase 1 to 30 days and phase 2 to 60 days, while The Funded Trader offers unlimited time for both phases.
• Profit Split: True Forex Funds provides an 80% split, whereas The Funded Trader offers 80% to 90%.

Key Differences Between True Forex Funds and The Funded Trader

The True Forex Funds Quick Funding and The Funded Trader Standard programs both cater to traders with different needs and preferences. While True Forex Funds offers a more conservative Phase 1 profit target, The Funded Trader raises the bar with a higher target and the possibility of a 6% maximum daily loss and a 12% maximum loss with an add-on. The Funded Trader also distinguishes itself with a higher potential profit split and the requirement of a minimum of 3 trading days, offering traders more flexibility in comparison to the more structured timeline of True Forex Funds.

True Forex Funds vs. The5ers: A Comparative Review

When considering prop trading firms, it’s essential to compare their offerings. True Forex Funds and The5ers are two notable players in this realm. Let’s delve into the specifics of their trading objectives and offerings.

Trading Objectives Breakdown

• Profit Target: Both firms set an 8% target in Phase 1 and 5% in Phase 2.
• Maximum Daily Loss: They maintain a 5% limit.
• Total Maximum Loss: Capped at 10% for both.
• Minimum Trading Days: True Forex Funds does not require a minimum, whereas The5ers mandate at least 3 profitable days.
• Maximum Trading Period: True Forex Funds limits Phase 1 to 30 calendar days and Phase 2 to 60 days, while The5ers offer unlimited time for both phases.
• Profit Split: Both start at 80%, with The5ers potentially increasing up to 100%.

Detailed Analysis of True Forex Funds

The True Forex Funds Limitless Funding program stands out for its two-phase evaluation, requiring traders to achieve specific targets before earning payouts. The key features of this program include a lack of minimum trading days and flexible trading rules, distinguishing it from other forex prop firms. The unlimited trading period per evaluation phase allows traders ample time to reach their goals without undue pressure. Additionally, the program incorporates a scaling plan, offering a competitive edge with its low profit targets and relaxed trading criteria. For a deeper understanding of how these prop firms stack up against each other, read our full review on bestmanagedforexaccounts.com.

Comparative Analysis: True Forex Funds vs. Funded Trading Plus

Exploring the world of prop trading firms reveals diverse offerings and structures. In this comparison, we focus on True Forex Funds and Funded Trading Plus, examining their trading objectives and how they align with trader needs.

Key Trading Objectives Compared

• Profit Targets: Both firms set a Phase 1 profit target of 8% and Phase 2 at 5%.
• Maximum Daily Loss: True Forex Funds imposes a 5% limit, while Funded Trading Plus has a slightly lower threshold of 4%.
• Total Maximum Loss: True Forex Funds caps this at 10%, whereas Funded Trading Plus uses a trailing method and sets it at 8%.
• Minimum Trading Days: True Forex Funds requires a minimum of 5 calendar days, while Funded Trading Plus does not specify a minimum.
• Maximum Trading Period: Both firms offer unlimited trading periods for both Phase 1 and Phase 2.
• Profit Split: Starting at 80% for both, Funded Trading Plus offers the potential to increase up to 90%.

Insight into True Forex Funds and Funded Trading Plus

True Forex Funds, with its Limitless Funding program, and Funded Trading Plus’s Premium plan both cater to traders seeking flexibility and fair profit-sharing schemes. True Forex Funds’ 5-day minimum trading requirement offers a structured approach, whereas Funded Trading Plus’s absence of a minimum trading day criterion provides even greater flexibility. The trailing maximum loss feature of Funded Trading Plus introduces a dynamic risk management aspect, differentiating it from the fixed loss limit of True Forex Funds. Profit splits in both firms are designed to reward successful trading, with Funded Trading Plus offering a slightly higher potential split. To gain more insights into these prop firms, visit bestmanagedforexaccounts.com for comprehensive reviews.

True Forex Funds vs. Smart Prop Trader: Detailed Comparison

In the competitive landscape of prop trading, True Forex Funds and Smart Prop Trader are two prominent names. This comparison aims to highlight their trading objectives, offering a clear perspective for traders evaluating their options.

Comparative Overview of Trading Objectives

• Profit Target in Phase 1: True Forex Funds targets an 8% profit, while Smart Prop Trader sets it slightly lower at 7%.
• Phase 2 Profit Target: Both firms aim for a 5% profit in this phase.
• Maximum Daily Loss: True Forex Funds allows up to 5%, compared to Smart Prop Trader’s 4% limit.
• Total Maximum Loss: Set at 10% for True Forex Funds and 8% for Smart Prop Trader.
• Minimum Trading Days: A minimum of 5 calendar days is required by True Forex Funds, whereas Smart Prop Trader imposes no such minimum.
• Maximum Trading Period: Both offer unlimited trading periods for both phases.
• Profit Split: True Forex Funds starts at 80%, while Smart Prop Trader offers a higher starting split of 85%, potentially rising to 90%.

Insights into True Forex Funds and Smart Prop Trader

The Limitless Funding program of True Forex Funds and Smart Prop Trader’s approach both cater to traders looking for robust trading conditions and fair profit-sharing schemes. The slight difference in the Phase 1 profit target and the maximum daily loss limit demonstrates the unique risk management strategies employed by each firm. True Forex Funds’ requirement of a 5-day trading minimum adds a layer of commitment to the trading process, contrasting with Smart Prop Trader’s flexible approach of no minimum trading days. The profit split potential is notably higher with Smart Prop Trader, appealing to traders aiming for a higher share of their earnings. For an in-depth exploration of these prop firms, visit bestmanagedforexaccounts.com for comprehensive reviews.

True Forex Funds vs. SurgeTrader: A Comparative Review

The prop trading industry, with firms like True Forex Funds and SurgeTrader, offers diverse programs catering to various trading strategies and objectives. This comparison aims to shed light on how these two firms stack up against each other.

Comparing Trading Objectives

• Profit Targets: Both firms set their Phase 1 and Phase 2 profit targets at 8% and 5%, respectively.
• Maximum Daily Loss: A 5% limit is maintained by both.
• Total Maximum Loss: True Forex Funds caps this at 10%, while SurgeTrader sets it at 8%.
• Minimum Trading Days: True Forex Funds requires 5 calendar days, contrasted with SurgeTrader’s no minimum trading day policy.
• Maximum Trading Period: Both offer unlimited trading periods in both phases.
• Profit Split: Starting at 80% for both, SurgeTrader offers a potential increase up to 90%.

True Forex Funds’ Unique Offerings

Distinct from many industry leaders, True Forex Funds offers a versatile range of evaluation programs. Their one-phase evaluation program, for instance, sets a 10% profit target with a 3% maximum daily and 6% maximum loss, all within a 30-day period. This program, featuring a 5-day minimum trading requirement and a scaling plan, aligns with industry averages yet offers unique flexibility. True Forex Funds stands out by not restricting trading styles. Traders are allowed to trade during news, hold trades overnight, and over weekends. This, coupled with their low profit targets and the choice between no minimum trading day requirements or an unlimited trading period, makes them a compelling option for diverse trading strategies. For more detailed insights and comparisons of these prop firms, visit bestmanagedforexaccounts.com.

Assessing the Realism of Acquiring Capital from True Forex Funds

Choosing the right prop firm is crucial for forex traders, and a key factor is the realism of the firm’s trading requirements. True Forex Funds offers various evaluation programs, each with its own set of achievable targets and rules. Let’s explore how realistic these programs are in providing traders with capital.

Standard Evaluation Program: Feasibility Analysis

The Standard evaluation program from True Forex Funds presents realistic targets with an 8% profit goal in phase one and 5% in phase two. The maximum loss rules are set at 5% daily and 10% overall. Traders must also adhere to a 30-day trading period in phase one and 60 days in phase two, with a requirement of at least 5 trading days in each phase. These conditions create a balanced challenge, making it feasible for skilled traders to succeed.

Quick Funding Evaluation: Achievability Insights

With the Quick Funding evaluation program, traders face similar profit targets and loss rules as the Standard program. However, this program distinguishes itself by not requiring a minimum number of trading days, alongside the 30-day phase one and 60-day phase two periods. This flexibility enhances the realism of achieving the program’s goals.

Limitless Funding Evaluation: Realistic Expectations

The Limitless Funding evaluation program sets achievable objectives with its low profit targets and standard loss rules. Unique to this program is the unlimited trading period in each phase, coupled with a 5-day minimum trading requirement. This extended time frame reduces pressure on traders, making the prospect of receiving capital more attainable.

One-Phase Evaluation Program: Practicality Check

This one-phase program targets a 10% profit with a 3% maximum daily loss and a 6% overall loss limit. With a 30-day maximum trading period and a 5-day minimum trading requirement, it offers a realistic challenge for traders who prefer a more streamlined evaluation process.

Conclusion

True Forex Funds provides a range of evaluation programs, each designed with realistic and attainable trading objectives. Whether it’s the structured approach of the Standard program, the flexibility of the Quick Funding, the extended timeline of Limitless Funding, or the straightforwardness of the one-phase program, True Forex Funds emerges as a viable choice for traders aiming to get funded. Explore more about these programs at bestmanagedforexaccounts.com.

Exploring Payment Proofs from True Forex Funds

True Forex Funds, established in October 2021, has rapidly gained a reputation as a reliable proprietary trading firm. A key aspect of their credibility comes from the payment proofs provided by their successfully funded traders. Let’s delve into how these proofs are made available and the payout process.

Verification of Payment Proofs

Traders and potential clients can find authentic payment proofs from True Forex Funds in various places. Trustpilot features reviews from their community, many of which include mentions of successful payouts. Additionally, True Forex Funds maintains an active presence on Discord, where they regularly post payout certificates from traders. These platforms offer tangible evidence of the firm’s commitment to rewarding its traders.

Understanding the Payout Process

Payouts at True Forex Funds are processed 14 days after the first trade on a Funded Trader account. Traders are entitled to a substantial 80% profit split. The payout process is efficient, with funds typically processed on the same day. If a trader chooses not to withdraw their profit within the 14-day window, they can continue trading and wait for the next profit split period. In scenarios where no profits are made at the time of withdrawal, the trading period is automatically extended, ensuring traders have ample opportunity to succeed.

Invoice Submission for Payouts

To receive their payouts, traders need to submit an invoice to invoice@trueforexfunds.com. True Forex Funds provides all necessary information to facilitate an easy invoicing process. This streamlined approach ensures traders can efficiently claim their earnings.

Final Thoughts

The payment proof from True Forex Funds, backed by testimonials and payout certificates, underscores their reliability as a prop trading firm. The clear and efficient payout process further enhances their appeal to traders looking for a trustworthy platform. For more insights into True Forex Funds and their operations, visit bestmanagedforexaccounts.com.

Broker Partnership of True Forex Funds

Distinct from typical broker brands, True Forex Funds aligns with a top-tier liquidity provider, ensuring optimal simulated real market conditions for traders.

Available Trading Platforms

The funded programme offers a selection of platforms, catering to diverse trading preferences:

• MetaTrader 4
• MetaTrader 5

Trading Instruments at True Forex Funds

The True Forex Funds offers an extensive array of trading instruments. Traders can engage in forex pairs, commodities, indices, and cryptocurrencies, all with a leverage of up to 1:100.

Forex Pairs

Trade major and exotic currency pairs, including:

• AUD/USD, EUR/USD, GBP/USD, NZD/USD, USD/CAD
• USD/CHF, USD/JPY, AUD/CAD, AUD/CHF, AUD/NZD, AUD/JPY
• CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF
• EUR/GBP, EUR/JPY, EUR/NZD, GBP/AUD, GBP/CAD, GBP/CHF
• GBP/JPY, GBP/NZD, NZD/CAD, NZD/CHF, NZD/JPY, EUR/NOK
• EUR/PLN, EUR/SEK, USD/HKD, USD/MXN, USD/NOK, USD/PLN

Commodities

• Precious metals like XAG/USD (Silver), XAU/USD (Gold), XPT/USD (Platinum), XPD/USD (Palladium)
• Energy commodities including BRENT, NGAS (Natural Gas), WTI (West Texas Intermediate)

Indices

Access a range of global indices, such as:

• AUS200, ITA40, CHNIND, EU50, FRA40
• GER30, HKIND, JAP225, SPA35, US100, US30, US500

Cryptocurrencies

Explore the dynamic world of digital currencies, including but not limited to:

• ADA/USD, AVE/USD, BCH/BTC, BCH/USD, BNB/USD
• BSV/USD, BTC/EUR, BTC/USD, DOG/USD, DOT/USD, DSH/USD
• EOS/USD, ETH/BTC, ETH/USD, LNK/USD, LTC/BTC, LTC/USD
• THT/USD, UNI/USD, VET/USD, XEM/USD, XLM/USD, XMR/USD
• XRP/EUR, XRP/USD, XTZ/USD

Trading Fees at True Forex Funds

Trading Commission

Here’s a breakdown of the trading commission for different assets:

• FOREX: $7 USD per lot
• COMMODITIES: $3.5 USD per lot
• INDICES: $0.32 USD per lot
• CRYPTO: $5.69 USD per lot

Spread Information

To view live spreads, traders are encouraged to log in to the trading account:

• Platform: MetaTrader 4
• Server: TrueProprietaryFunds-DEMO
• Login Number: 1109374041
• Password: TFFspreads
• Download Platform

Education & Support for Traders at True Forex Funds

Lack of Educational Programs

It’s noteworthy that True Forex Funds does not offer any specialized educational programs for its traders.

Community Engagement and Support

However, traders can benefit from the active engagement of True Forex Funds on ForexFactory. This platform provides an opportunity to gain insights and information about the prop firm from the experiences shared by its diverse community.

Traders’ Comments on True Forex Funds

Positive Community Feedback

True Forex Funds is well-regarded within its trading community, boasting impressive feedback. On Trustpilot, the prop firm enjoys a high rating of 4.7/5, based on 2,518 reviews, which speaks volumes about its reputation.

Key Highlights from User Reviews

Key aspects frequently mentioned in the reviews include:

• Fast and reliable customer support
• User-friendly and practical system
• Appreciation for straightforward terms and conditions
• Clear trading objectives and rules

These testimonials highlight the firm’s commitment to a transparent and supportive trading environment.

True Forex Funds: Social Media Presence

The London based company, True Forex Funds, maintains an active presence across various social media platforms. This engagement is vital for staying connected with their audience and offering an interactive space for discussions and updates.

Facebook Engagement

True Forex Funds has cultivated a significant following on Facebook, boasting 2.4K followers. This platform serves as a hub for sharing updates and fostering community interactions.

Instagram Reach

On Instagram, the prop firm has attracted a larger audience with 12.2K followers, showcasing a blend of informative and engaging content relevant to forex trading.

YouTube Channel Insights

The funded programme’s YouTube channel has gathered 1.77K subscribers. Despite having just 6 uploaded videos, the channel is an important resource for visual content related to their services.

Twitter Following

With 929 followers on Twitter, True Forex Funds uses this platform for quick updates, news, and real-time communication with their audience.

Discord Community Interaction

Apart from these, the firm also operates a Discord channel. This channel is divided into various sections like community chat, payouts chat, support chat, and trade ideas chat, offering a dynamic space for discussions around various aspects of True Forex Funds.

True Forex Funds: Support and Customer Assistance

Understanding the importance of reliable customer support, True Forex Funds offers multiple avenues for assistance and information gathering.

Comprehensive FAQ Page

For initial queries and general information, customers are encouraged to visit the FAQ page of True Forex Funds. This section is designed to address a wide range of common questions and concerns.

Direct Support Team Contact

If the FAQ page does not resolve specific queries, the support team of the London based company can be reached via their official social media accounts or through direct email at support@trueforexfunds.com.

Live Chat Availability

Adding to the convenience, True Forex Funds provides live chat support, available from 7 AM to 3 PM CE(S)T, offering real-time assistance for immediate concerns or questions.

Join the Discord Community

For ongoing updates and community engagement, True Forex Funds recommends joining their Discord channel. This platform facilitates continuous communication with the rest of the True Forex Funds community, ensuring users are always informed and connected.

Registration Process at True Forex Funds

Enrolling with True Forex Funds is a structured process designed to ensure a smooth and efficient start for traders. Here’s a step-by-step guide to the registration process:

Initial Steps

• Sign Up: Begin by signing up for True Forex Funds.
• Email Verification: Verify your email to ensure secure communication.
• Starting the Challenge: Click the ‘Start the Challenge’ button to proceed.
  
  

Challenge Selection and Payment

• Choose Challenge Details: Select the details of your desired trading challenge.
• Payment Method: Choose a suitable payment method for the challenge fee.
• Order Confirmation: Receive a confirmation of your order in your email.
  
  

Phase 1 of the Challenge

• Phase 1 Credentials: Receive login credentials for Phase 1, usually within 5 minutes.
  
  
• Phase 1 Dashboard: Access the True Forex Funds Phase 1 dashboard to start trading.
  
  
• Completion of Phase 1: Successfully complete Phase 1 to move forward.
  
  

Phase 2 of the Challenge

• Phase 2 Credentials: Obtain login credentials for Phase 2, typically within 24 hours.
• Phase 2 Dashboard: Engage with the True Forex Funds Phase 2 dashboard for further trading activities.
  
  

• Completion of Phase 2: Successfully complete Phase 2 to reach the final step.
  
  
  

Final Steps and Funded Account

• Evaluation Challenge: Pass the evaluation challenge to demonstrate your trading skills.
• Verification Process: Complete the successful verification process.
  
  
• Funded Account Credentials: Receive login credentials for your funded account, usually within 24 hours.
  
  

True Forex Funds: A Comprehensive Review

True Forex Funds stands out as a reputable proprietary trading firm, presenting traders with a variety of evaluation program options, each featuring clear and achievable trading guidelines and objectives.

Standard Evaluation Programs: Achieving Realistic Trading Goals

The Standard evaluation programs at True Forex Funds adhere to the conventional two-phase challenge prevalent in the industry. To qualify for funding and profit sharing, traders must successfully navigate through both phases. The initial phase sets an 8% profit target, followed by a 5% target in the second phase. These targets are attainable, especially considering the 5% maximum daily and 10% total loss limits. Traders are given 30 days in the first phase and 60 days in the second to achieve these goals, while ensuring a minimum of 5 trading days in each phase. Successful candidates can look forward to 80% profit splits and the opportunity to scale their accounts.

Quick Funding Evaluation: Fast Track to Trading Success

The Quick Funding evaluation at True Forex Funds mirrors the two-phase structure of its Standard counterpart, aiming to expedite the funding process. Like the Standard program, it requires 8% and 5% profit targets in the first and second phases, respectively. These phases span 30 and 60 calendar days, but with the added flexibility of no minimum trading day requirement. This program also offers an 80% profit split, catering to those who seek a swift path to scaling their trading accounts.

Limitless Funding Evaluation: Trading Without Time Pressure

The Limitless Funding evaluation program by True Forex Funds offers an industry-standard two-phase challenge, with the unique advantage of an unlimited time frame for each phase. Traders are expected to meet 8% and 5% profit targets in the first and second phases, respectively, within a flexible time period. However, a minimum of 5 trading days is required in each phase to qualify. This program, like the others, offers an 80% profit split, ideal for traders who prefer a more relaxed approach to reaching their funding goals.

One-Phase Evaluation Program: Streamlined Path to Success

The One-Phase evaluation program at True Forex Funds simplifies the journey to becoming a funded trader. Participants need to achieve a 10% profit target while adhering to a 3% maximum daily and 6% total loss limit. This streamlined process also grants traders 80% profit splits and the opportunity to scale their accounts, making it an attractive option for those seeking a more straightforward path to funding. In summary, True Forex Funds is an excellent choice for traders seeking a proprietary trading firm with simple, yet effective trading rules. Its diverse range of programs caters to various trading styles, making it a top choice among industry-leading prop firms.