True Forex Funds

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True Forex Funds Coupons and Promo Codes

True Forex Funds helps you solve finance-related problems quickly and conveniently. Because of working in a field that requires high precision, the team of True Forex Funds includes people who are highly qualified as well as meticulous in their work. They have helped many people with their financial problems thanks to the excellent service of True Forex Funds. Here, you will have many choices and be consulted by experts to make the most accurate decision. During the time, this is the first choice of many people and is highly appreciated by industry experts. True Forex Funds is gradually developing further. With the goal of becoming the leading financial solution for consumers in the coming years, they are upgrading both in terms of service quality and personnel qualifications.

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About store

True Forex Funds is a fast-growing proprietary trading firm that targets undercapitalized traders that are motivated and ready to get up to $400,000 in funding, after completing their 2-Phase Evaluation Process. Upon successfully doing so, they will cover all your losses!

Traders at True Forex Funds are encouraged to succeed in their careers. You may trade at your discretion; and hold your trades as long as you want, meaning they will NEVER regulate your trading style. All they care about are the loss limits while their main goal being, to contract consistent traders and reward them with their high 80% profit split.

Who are True Forex Funds?

True Forex Funds is a well-established proprietary trading firm based in Hungary offering motivated but undercapitalized traders up to $400,000 in funding with a profit split of 80% while being partnered with a tier-1 liquidity provider who gives direct market access as their broker.

They are a registered company under the official name True Proprietary Funds Kft., with an ID number of 08-09-033732 and a VAT identification number HU27478930.

Their offices are located at an address, Móricz Zsigmond 1/B. ground floor 14, 9022 Győr, Hungary.

Funding program options

True Forex Funds offers its traders the following three types of evaluation program accounts to choose from:

  • Standard Evaluation Program Accounts
  • Quick Funding Evaluation Program Accounts
  • Timeless Funding Evaluation Program Accounts

Keep in mind that all three evaluation program accounts are industry-standard two-step evaluation programs. However, the prices and trading objectives are slightly different. In addition, also note that you can choose the currency you would prefer to be funded in with all three evaluation programs. You can choose between funding in USD, EUR, and GBP.

Standard Evaluation Program Accounts

True Forex Funds Standard evaluation program account aims to identify serious and talented traders who are rewarded for their consistency in the two-phase evaluation period. The evaluation program account allows you to trade with 1:100 leverage.

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in 30 calendar days from the day you place your first position on your evaluation account. You are also required to trade a minimum of five trading days in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in 60 calendar days from the day you place your first position on your evaluation account. You are also required to trade a minimum of five trading days in order to proceed to a funded account.

By completing both evaluation phases, you are awarded a funded account where you have no profit targets. You are only required to respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account, while all the following payouts are also on a bi-weekly basis. Your profit split will be 80% based on the profit you make on your funded account.

Standard evaluation program account scaling plan

Standard evaluation program accounts also have a scaling plan. You are required to reach a profit target of 8% or more within a three-month period where two out of the three months were profitable. You will receive an account increase of 25% of the original account balance.

Example:

After 3 months: If you have a $200,000 account, your account balance will increase to $250,000.

After next 3 months: Balance of $250,000 increases to $300,000.

After next 3 months: Balance of $300,000 increases to $350,000.

Standard evaluation program account rules

  • Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Phase 1 profit target is 8% while phase 2 has a profit target of 5%. Funded accounts have no profit targets.
  • Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 5%.
  • Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 10%.
  • Minimum trading days is the minimum period which you are required to trade for before you can complete an evaluation phase, or request a withdrawal. Both phases have a 5 minimum trading day requirement.
  • Maximum trading days are the maximum period in which you are required to hit a specific profit target or withdrawal target. Phase 1 has a maximum of 30 trading days period while phase 2 has a maximum of 60 trading days period.
  • Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
  • Third-party EA risk means that if you intend to use an EA, you should keep in mind that by using a third-party EA, there might be other traders that are already using it and therefore using exactly the same trading strategy. By using a third-party EA, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.

Quick Funding Evaluation Program Accounts

True Forex Funds Quick Funding evaluation program account aims to identify serious and talented traders who are rewarded for their consistency in the two-phase evaluation period. The evaluation program account allows you to trade with 1:100 leverage.

valuation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in 30 calendar days from the day you place your first position on your evaluation account. You should note that you have no minimum trading day requirements to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. You are required to hit your profit target in 60 calendar days from the day you place your first position on your evaluation account. You should note that you have no minimum trading day requirements to proceed to a funded account.

By completing both evaluation phases, you are awarded a funded account where you have no profit targets. You are only required to respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account, while all the following payouts are also on a bi-weekly basis. Your profit split will be 80% based on the profit you make on your funded account.

Quick Funding evaluation program account scaling plan

Quick Funding evaluation program accounts also have a scaling plan. You are required to reach a profit target of 8% or more within a three-month period where two out of the three months were profitable. You will receive an account increase of 25% of the original account balance.

Example:

After 3 months: If you have a $200,000 account, your account balance will increase to $250,000.

After next 3 months: Balance of $250,000 increases to $300,000.

After next 3 months: Balance of $300,000 increases to $350,000.

Quick Funding evaluation program account rules

  • Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Phase 1 profit target is 8% while phase 2 has a profit target of 5%. Funded accounts have no profit targets.
  • Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 5%.
  • Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 10%.
  • Maximum trading days are the maximum period in which you are required to hit a specific profit target or withdrawal target. Phase 1 has a maximum of 30 trading days period while phase 2 has a maximum of 60 trading days period.
  • Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
  • Third-party EA risk means that if you intend to use an EA, you should keep in mind that by using a third-party EA, there might be other traders that are already using it and therefore using exactly the same trading strategy. By using a third-party EA, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.

Limitless Funding Evaluation Program Accounts

True Forex Funds Limitless Funding evaluation program account aims to identify serious and talented traders who are rewarded for their consistency in the two-phase evaluation period. The evaluation program account allows you to trade with 1:100 leverage.

Evaluation phase one requires a trader to reach a profit target of 8% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to trade a minimum of five trading days in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5% maximum daily loss or 10% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to trade a minimum of five trading days in order to proceed to a funded account.

By completing both evaluation phases, you are awarded a funded account where you have no profit targets. You are only required to respect the 5% maximum daily loss and 10% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account, while all the following payouts are also on a bi-weekly basis. Your profit split will be 80% based on the profit you make on your funded account.

Limitless Funding evaluation program account scaling plan

Limitless Funding evaluation program accounts also have a scaling plan. You are required to reach a profit target of 8% or more within a three-month period where two out of the three months were profitable. You will receive an account increase of 25% of the original account balance.

Example:

After 3 months: If you have a $200,000 account, your account balance will increase to $250,000.

After next 3 months: Balance of $250,000 increases to $300,000.

After next 3 months: Balance of $300,000 increases to $350,000.

And so on…

Limitless Funding evaluation program account rules

  • Profit target is a specific percentage of profit that a trader is required to obtain before they can complete an evaluation phase, withdraw profits, or scale their account. Phase 1 profit target is 8% while phase 2 has a profit target of 5%. Funded accounts have no profit targets.
  • Maximum daily loss is the maximum loss a trader can reach on a daily basis before the account is violated. All account sizes have a maximum daily loss of 5%.
  • Maximum loss is the maximum loss a trader can reach overall before the account is violated. All account sizes have a maximum loss of 10%.
  • Minimum trading days is the minimum period which you are required to trade for before you can complete an evaluation phase, or request a withdrawal. Both phases have a 5 minimum trading day requirement.
  • Third-party copy trading risk means that if you intend to use copy trading services, you should keep in mind that by using a third-party copy trading service, there might be other traders that are already using it and therefore exactly the same trading strategy. By using a third-party copy trading service, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
  • Third-party EA risk means that if you intend to use an EA, you should keep in mind that by using a third-party EA, there might be other traders that are already using it and therefore using exactly the same trading strategy. By using a third-party EA, you potentially run the risk of being denied a funded account/withdrawal if you exceed the maximum capital allocation rule.
  • Trading instruments for all three evaluation program accounts are forex pairs, commodities, indices, and cryptocurrencies.

Keep in mind that True Forex Funds also offers two incredible features for Standard and Quick Funding evaluation program accounts, which have a limited trading period which you can see below:

If a phase one account’s 30 calendar day trading period expires, but the free retry conditions are met, you will receive your new phase one login credentials the following business day.
If a phase two account’s 60 calendar day trading period expires, but the free retry conditions are met, you will receive your new phase two login credentials the following business day. (Meaning that you aren’t required to start back at phase one)
What makes True Forex Funds different from any other prop firm? 
True Forex Funds is different from most of the industry-leading prop firms due to offering you three types of two-step evaluation accounts while also never regulating your trading style. You can trade during news, hold trades overnight, and during the weekends.

Compared to other prop firms, the True Forex Funds Standard evaluation program is a two-phase evaluation program that requires traders to complete two phases before being eligible for payouts. The profit target is 8% in phase one and 5% in phase two, with a 5% maximum daily and 10% maximum loss rules. Keep in mind that you are required to complete phase one in 30 calendar days and phase two in 60 calendar days while also trading for a minimum of 5 calendar days in each evaluation phase. Standard evaluation programs also have a scaling plan. Compared to other industry-leading prop firms, they have low profit targets and relaxed trading rules to follow.

Payment proof

True Forex Funds is a well-established proprietary trading firm that was incorporated in October 2021. That being said, we can find a lot of payment proof out there already from their successfully funded traders. The proof can be seen on Trustpilot from reviews from their community, as well as on their Discord channel, where you can find numerous payout certificates from traders.

Payouts are processed 14 days after your first trade is placed on your Funded Trader account. You are entitled to a high 80% profit split. Payouts are processed the same day, and in case you don’t wish to withdraw your profit in 14 days, you can continue trading on your trading account until your next profit split. If you don’t have any profits at the time of withdrawal, your trading period will be automatically extended.

Which broker does True Forex Funds use?

True Forex Funds doesn’t trade with common broker brands. They are partnered with a tier-1 liquidity provider that supplies the institutional data feed with the direct market access execution model on their live corporate accounts.

As for trading platforms, you can choose from the following:

MetaTrader 4
MetaTrader 5

Social media statistics

True Forex Funds can also be found on social media. 

They have a:

– Facebook page with 2,4,k followers,

– Instagram profile with 12,2k followers,

– Youtube channel with 1,77k subscribers with 6 uploaded videos and,

– Twitter account with 929 followers.

They also have a Discord channel with a community chat, payouts chat, support chat, and trade ideas chat where you can discuss different topics around True Forex Funds.

Support

True Forex Funds has a FAQ page where you might find the information that you are missing, if not you should contact their support team or join their Discord channel.

The support team is available on their social media or you can directly contact them on their email support@trueforexfunds.com. 

They also have active live chat support from 7 AM to 3 PM (CE(S)T).

For further information and communication with the rest of the True Forex Funds community, you should join their Discord channel so you are constantly up to date.

In conclusion, True Forex Funds is a legitimate proprietary trading firm that offers traders a chance to choose between three different two-step evaluation program account types that have relaxed and straightforward trading rules and objectives.

Standard evaluation programs are an industry-standard two-phase evaluation challenge that requires the completion of two phases before becoming funded and being eligible to earn profit splits. True Forex Funds require traders to reach profit targets of 8% in phase one and 5% in phase two before becoming funded which are realistic trading objectives considering you have a 5% maximum daily and 10% maximum loss rules to follow. This has to be achieved within a 30 calendar day period in phase one and a 60 calendar day period in phase two while also respecting the 5 minimum trading day requirement in both evaluation phases. With Standard evaluation programs, you can earn 80% profit splits while also being able to scale your accounts.

Quick Funding evaluation programs are also an industry-standard two-phase evaluation challenge that requires the completion of two phases before becoming funded and being eligible to earn profit splits. True Forex Funds require traders to reach profit targets of 8% in phase one and 5% in phase two before becoming funded which are realistic trading objectives considering you have a 5% maximum daily and 10% maximum loss rules to follow. This has to be achieved within a 30 calendar day period in phase one and a 60 calendar day period in phase two while having no minimum trading day requirements during each evaluation phase. With Quick Funding evaluation programs, you can earn 80% profit splits while also being able to scale your accounts.

Limitless Funding evaluation programs are also an industry-standard two-phase evaluation challenge that requires the completion of two phases before becoming funded and being eligible to earn profit splits. True Forex Funds require traders to reach profit targets of 8% in phase one and 5% in phase two before becoming funded which are realistic trading objectives considering you have a 5% maximum daily and 10% maximum loss rules to follow. Keep in mind that you have an unlimited trading period in each evaluation phase, meaning that you can take your time with the evaluation and not be pressured by time while working on becoming funded. However, you have a 5 minimum trading day requirement in order to complete each evaluation phase. With Limitless Funding evaluation programs, you can earn 80% profit splits while also being able to scale your accounts.

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