True Forex Funds has recently announced a pivotal, albeit temporary, adjustment to its payout mechanisms. The organization has momentarily deactivated its Deel payout system, shifting instead to direct bank transfers. It’s crucial to note, though, that cryptocurrency payouts remain available and are functioning without interruption.

True Forex Funds Payout Methods Update- Deel Disabled?

Reconfiguration of Payout Preferences

For traders with pending payouts previously routed through Deel, True Forex Funds is currently resetting these transactions. Affected traders will shortly be able to update their payout preferences via the client area, ensuring a smooth transition to the new payout method.

Special Advisory for SEPA Zone Clients

An important advisory has been issued for traders within the SEPA (Single Euro Payments Area), highlighting the necessity for their bank accounts to support USD transactions. This is to avoid any potential delays in receiving payouts. Fortunately, traders with multi-currency accounts will not be impacted by this update.

In an ongoing effort to refine the withdrawal process, True Forex Funds is exploring new avenues to provide an array of withdrawal options, including the possibility of instant settlements. This development promises to streamline the payout process significantly, offering traders enhanced flexibility and efficiency.

Anticipated Enhancements in Withdrawal Experience

True Forex Funds is dedicated to continually enhancing the withdrawal experience for its clients, with a strong focus on delivering multiple, efficient withdrawal options and quicker settlement periods. Traders are encouraged to look forward to upcoming updates as the firm progresses in its mission to cater to the dynamic requirements of forex trading professionals.

About True Forex Funds

As a forefront player in the forex trading arena, True Forex Funds stands out with its trader-centric offerings:

  • Free retries across both evaluation phases
  • Unlimited trading duration under the Limitless Funding program
  • No minimum trading days for Quick Funding
  • Leverage set at 1:100
  • An 80% profit share model

This suite of features showcases True Forex Funds’ commitment to empowering traders with the flexibility and support needed to succeed in the competitive forex market.

New Prop Firms

iFunds, established in March 2024, is a proprietary trading firm offering instant funding accounts ranging from $2,500 to $500,000 without requiring traders to complete evaluations or demo challenges. It stands out for its flexible trading conditions, including no daily drawdown limits, customizable profit splits, and rapid withdrawals. While appealing to experienced traders, its premium fees and limited operational history may require cautious consideration before investment.

DNA Funded is a broker-backed prop trading firm that aims to help traders get simulated funded capital up to $600,000. They offer flexible challenge options, plus boosters to fast-track evaluations. With access to major markets, including forex and crypto, the platform is designed for those seeking bigger opportunities under clearly stated risk parameters. Whether you’re a newbie or a seasoned pro, DNA Funded aims to be your stepping stone into advanced prop trading.

Blueberry Funded, established in 2024, operates as a prop trading firm within the Blueberry family of brands, which also includes Blueberry Markets and Blueberry Partners.

Prop Number One is a global prop trading platform offering traders transparent rules, competitive payouts, and flexible account options to optimize their trading experience.

TradeApp is a new prop trading firm offering global traders access to capital with flexible evaluation phases, profit splits of up to 90%, and educational resources. Ideal for traders looking to grow without risking personal funds.

We Fund You Trade (WFYT) offers traders a chance to manage up to $200,000 in capital with profit splits of up to 85%. Their two-step evaluation process aims to identify disciplined and profitable traders, providing a clear pathway to funded trading.

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