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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 Evaluation Process. Upon successfully doing so, they will cover all your losses!

True Forex Funds is a rapidly progressing proprietary trading company that possesses a broad vision encompassing cutting-edge technology and innovative solutions for traders striving to excel in their professional journeys. With a distinct vision in place, they inspire traders by offering easily comprehensible rules and user-friendly Profit Targets, propelling their progress. Moreover, True Forex Funds boasts a top-notch Customer Service Support Team that delivers unparalleled user experiences characterized by prompt responses within business hours, setting a benchmark in the market.

Introduction of True Forex Funds

Company DetailsTrue Forex Funds
CEORichard Nagy
Incorporation DateOctober 2021
LocationGyőr, Hungary
Maximum Account Size of Funding ProgramsTwo-step Evaluation Program: $200,000
One-step Evaluation Program: $200,000

Funding Programs

Two-step Evaluation Program

Account SizeAccount Price (Standard)Account Price (Quick Funding & Limitless)
$10,000€89€98
$25,000€189€208
$50,000€299€329
$100,000€499€549
$200,000€998€1,098
ObjectivesObjective Value (Standard)Objective Value (Quick Funding)Objective Value (Limitless)
Profit Target (Phase 1)8%8%8%
Profit Target (Phase 2)5%5%5%
Daily Drawdown5%5%5%
Maximum Drawdown10%10%10%
Max Trading PeriodPhase 1: 30 Calendar Days
Phase 2: 60 Calendar Days
Phase 1: 30 Calendar Days
Phase 2: 60 Calendar Days
Phase 1: Unlimited
Phase 2: Unlimited
Minimum Trading Days5 Calendar DaysNo Minimum Trading Days5 Calendar Days
Profit Share80%80%80%

One-step Evaluation Program

Account SizeAccount Price
$10,000€89
$25,000€189
$50,000€299
$100,000€499
$200,000€998
ObjectivesObjective Value
Profit Target10%
Daily Drawdown3%
Maximum Drawdown6%
Max Trading Period30 Calendar Days
Minimum Trading Days5 Calendar Days
Profit Share80%

Comparison of Two-step Program

Comparison of True Forex Funds & Funding Pips

ObjectivesObjective Value (Standard)Objective Value (Quick Funding)Objective Value (Limitless)Funding Pips
Profit Target (Phase 1)8%8%8%8%
Profit Target (Phase 2)5%5%5%5%
Daily Drawdown5%5%5%5% (Can be scaled to 7%)
Maximum Drawdown10%10%10%10% (Can be scaled to 14%)
Max Trading PeriodPhase 1: 30 Calendar Days
Phase 2: 60 Calendar Days
Phase 1: 30 Calendar Days
Phase 2: 60 Calendar Days
Phase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Minimum Trading Days5 Calendar DaysNo Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Profit Share80%80%80%80% up to 90%

Comparison of True Forex Funds & Smart Prop Trader

ObjectivesTrue Forex Funds (Standard)True Forex Funds (Quick Funding)True Forex Funds (Limitless)Smart Prop Trader
Profit Target (Phase 1)8%8%8%7%
Profit Target (Phase 2)5%5%5%5%
Daily Drawdown5%5%5%4%
Maximum Drawdown10%10%10%8% (Can be scaled to 28%)
Max Trading PeriodPhase 1: 30 Calendar Days
Phase 2: 60 Calendar Days
Phase 1: 30 Calendar Days
Phase 2: 60 Calendar Days
Phase 1: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Minimum Trading Days5 Calendar DaysNo Minimum Trading Days5 Calendar DaysNo Minimum Trading Days
Profit Share80%80%80%85% up to 90%

Broker & Trading Platform

BrokerTier-1 Liquidity Provider with Best Simulated Real Market Trading Conditions
Trading PlatformMetaTrader 4, MetaTrader 5
Trading InstrumentsForex Pairs, Commodities, Indices, Crypto

Conclusion

To draw a final conclusion, True Forex Funds is a reputable and trustworthy proprietary trading company that is managed by Richard Nagy. They provide traders with an opportunity to choose between two unique funding programs. While working with them, you will be provided an account through a tier-1 liquidity provider with the best simulated real market trading conditions and trade on the MetaTrader 4 or MetaTrader 5 trading platform. As for trading instruments, you will be able to trade forex pairs, commodities, indices, and crypto. After considering everything that True Forex Funds brings to the table, we can consider them an excellent choice within the proprietary trading firm space.

True Forex Funds Review Details

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True Forex Funds Review
9.5/10