Reviews on Top Prop Firms

We rely on our personal experiences and gather insights from online research

True Forex Funds, based in Hungary, established in 2021, brings experience and expertise to trader funding.

Funding options from $10,000 to $400,000.
Generous 80% profit split.
Bi-weekly payouts.
Lenient trading regulations.
Support for various trading styles.
Competitive pricing in the market.

Key Highlights:

Flexible Funding Options: True Forex Funds caters to a wide spectrum of traders, offering funding options ranging from $10,000 to $400,000 per trader or strategy in balance before scaling up. This flexibility ensures that traders of various backgrounds and aspirations can find the perfect fit.
Generous Profit Split: With an impressive 80% profit split, True Forex Funds rewards traders for their success. This motivates traders to aim higher and reach for new heights in their trading journey.
Bi-weekly Payouts: The firm’s bi-weekly payout schedule ensures that traders can enjoy the fruits of their labor consistently, providing financial stability and support for their trading activities.
Lenient Trading Regulations: True Forex Funds prides itself on providing a trading environment that fosters creativity and innovation. Their lenient trading regulations allow traders to execute their strategies with freedom and confidence.

True Forex Funds is a name you can trust in the world of trading, offering a compelling opportunity for traders to supercharge their endeavors with additional capital. Their proposition is not only alluring but also competitively priced within the market, making it an attractive choice for traders seeking growth.

-Profit Target:
– Phase 1: 8%
– Phase 2: 5%
– Funded Accounts: No profit targets
Maximum Daily Loss:
– All Account Sizes: 5%
Maximum Loss:
-All Account Sizes: 10%
Minimum Trading Days:
– Both Phases: 5 minimum trading days
Maximum Trading Days:
– Phase 1: Maximum 30 trading days period
– Phase 2: Maximum 60 trading days period
Third-party Copy Trading Risk: Caution about potential denial of funded account/withdrawal if exceeding the maximum capital allocation rule due to using a third-party copy trading service. Risk arises from employing the same trading strategy as other users.
Third-party EA Risk: Caution about potential denial of funded account/withdrawal if exceeding the maximum capital allocation rule due to using a third-party EA. Risk arises from employing the same trading strategy as other users.

Profit Target:
– Phase 1: 8%
– Phase 2: 5%
– Funded Accounts: No profit targets
Maximum Daily Loss: All Account Sizes: 5%
Maximum Loss: All Account Sizes: 10%
Minimum Trading Days: Both Phases: 5 trading days
Third-party Copy Trading Risk: Caution: Using third-party copy trading services may expose you to identical trading strategies of other traders, risking denial of funded account/withdrawal if exceeding the maximum capital allocation rule.
Third-party EA Risk: Caution: Using third-party EAs may expose you to identical trading strategies of other traders, risking denial of funded account/withdrawal if exceeding the maximum capital allocation rule.

Profit Target:
– Phase 1: 8%
– Phase 2: 5%
– Funded Accounts: No profit targets
Maximum Daily Loss: All Account Sizes: 5%
Maximum Loss: All Account Sizes: 10%
Maximum Trading Days – Phase 1: Maximum 30 trading days – Phase 2: Maximum 60 trading days
Third-party Copy Trading Risk: Caution when using copy trading services due to the potential overlap with other traders, risking denial of funded account/withdrawal if exceeding the maximum capital allocation rule.
Third-party EA Risk: Caution when using EAs, as there might be other traders using the same strategy. Risk of denial of funded account/withdrawal if exceeding the maximum capital allocation rule.

Profit Target: Evaluation Period: 10% -Funded Account: No profit targets
Maximum Daily Loss: All Account Sizes: 3%
Maximum Loss: All Account Sizes: 6%
Minimum Trading Days: Evaluation Period: Minimum of 5 trading days
Maximum Trading Days: Evaluation Period: 30 calendar days
Third-party Copy Trading Risk: Caution: Using third-party copy trading services may expose you to identical trading strategies of other traders, risking denial of funded account/withdrawal if exceeding the maximum capital allocation rule.
Third-party EA Risk: Caution: Using third-party EAs may expose you to identical trading strategies of other traders, risking denial of funded account/withdrawal if exceeding the maximum capital allocation rule.

Embrace a trading experience that empowers you to achieve new heights. With True Forex Funds, you’re not only gaining access to a legitimate and trustworthy opportunity but also a platform that rewards your skill and consistency. Step into a world where your trading journey is nurtured, expanded, and enriched. Join the ranks of those who have found a prop firm that aligns seamlessly with their aspirations and trading philosophy.

In conclusion, True Forex Funds stands out as a reputable proprietary trading firm, providing traders with versatile choices among three distinct two-step evaluation programs and a streamlined one-phase evaluation option. These programs are characterized by clear and straightforward trading rules.

1. Standard Evaluation Programs:
– A conventional two-phase evaluation, requiring traders to achieve 8% profit in phase one and 5% in phase two.
– Realistic objectives with a 5% maximum daily and 10% maximum loss, accomplished within 30 and 60 calendar days for phases one and two, respectively.
– Earn 80% profit splits with the ability to scale accounts, complemented by a minimum trading day requirement.

2. Quick Funding Evaluation Programs:
– A rapid two-phase evaluation, demanding 8% profit in phase one and 5% in phase two.
– Realistic goals within a 30-day and 60-day timeframe, with no minimum trading day requirements.
– Offers 80% profit splits and scalability.

3. Limitless Funding Evaluation Programs:
– A flexible two-phase evaluation allowing an unlimited trading period for completion.
– Targets of 8% profit in phase one and 5% in phase two with a 5 minimum trading day requirement.
– Provides a stress-free evaluation experience with 80% profit splits and scaling opportunities.

4. One-Phase Evaluation Program Accounts:
– Streamlined single-phase evaluation, necessitating a 10% profit target.
– Realistic trading objectives with a 3% maximum daily and 6% maximum loss.
– Earns 80% profit splits and allows account scaling.

True Forex Funds is recommended for those seeking a proprietary trading firm with transparent rules and favorable conditions. As an established player in the industry, True Forex Funds offers a compelling platform for traders with diverse styles.

Four plans with varying initial fees, balances, and acceptable drawdown levels.
Choice of account currency in USD, EUR, or GBP.
Refund of the initial fee upon passing the challenge.
Free retries available if time or drawdown limits are exceeded.
Traders receive 80% of their net profits.
Competitive spreads compared to direct broker trading.
Lucrative opportunities for socially active traders through the affiliate program.

Trading is limited to currency pairs only.
Three trading platforms are available, with no other options.
Technical support is accessible via website tickets, live chat, and email, but there is no call center.