TrueForexFunds.com Review

4.026 • 59 REVIEWS
Prop Firm
Updated: Apr 15, 2024
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TrueForexFunds is a proprietary trading firm. TrueForexFunds.com offers prop trading on forex, indices, metals, oil and cryptocurrencies.

Details

Established: 2021
Contact: support@trueforexfunds.com
4.026 • 59 REVIEWS

TrueForexFunds.com Most Helpful Customer Reviews

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njelbowdrop
US, USA,
Feb 4, 2024,
Registered user

Offered a discount and then went out of business. Beware

Service use: Demo Length of use: 0-3 Months
They offered a discount code to get revenue. I fell for it. Two weeks later they are out of business. I would tell people to stay away, except they went out of business. Probably a good thing. We don't need people like these around.
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Reply by True Forex Funds submitted Apr 8, 2024:
Dear njelbowdrop,

Thank you for your feedback!

Please know that we are back in business and that we are continuously working on implementing a new platform for our US citizens. Based on the current status of Match-Trader, we are undergoing testing and anticipate its completion soon. Kindly make sure to follow us on social media for upcoming news! Until then, we appreciate the patience of all of our US clients!

Best regards,
True Forex Funds Team
T
toekneepmg
Oregon, USA,
Oct 18, 2023,
Registered user

Trade at your own risk

Service use: Live Length of use: 3-6 Months
My wife & I have been using TFF for quite a few months now & honestly it started out really great... until it wasn't.
A few weeks after we had a few decent payouts everything went down hill. The spread & slippage went through the roof. Even some of our winning trades were losers because of such a large spread.
I understand slippage & it should go both ways. In your favor & against. & At first it was. The last month or more we never had a single trade with positive slippage.
It was the last straw for us when we had two trades in the same day on two separate accounts that both had an EP (equity protector/close all trades) set at a drawdown of $3,500 that, upon closing, incurred a loss of over $6,000! That's over 70% slippage!
To me it's a result of obvious manipulation. We trade on other prop firms also, with nothing anywhere close to this anywhere else! All other prop firms we use all seemed to have regularly occuring slippage (in both directions) all during this time period.
Save yourself some money & go somewhere else.

p.s. - True Forex Funds also uses the same broker as My Forex Funds
- myforexfunds.com
p.s.s. - As I write this review on this site I'm required to check a box stating that, and I quote, "I have not been offered any payment or other incentive (like a bonus or discount) to write this review", BUT... TFF does offer an incentive for positive reviews! I quote again, "Write a review about us on Trustpilot and lower your your profit targets in the Challenge stage by 0.5%!" As well as "Share your success (your last True Forex Funds certificate) in your Instagram story, tag us, and get a 5% deposit increase on your next funded account."
I have not received any such bonus.
T
Reply by True Forex Funds submitted Dec 22, 2023:
Dear NAME REMOVED TO PROTECT THE PRIVACY OF THIS REVIEWER,

We appreciate your review!

As detailed in our email correspondence, none of the trades on your account were terminated due to Stop Loss (SL) orders. All trades were closed manually.

Following a comprehensive review of your account, we were unable to identify any slippage, as you've asserted. It's essential to recognize that slippage is a common occurrence in trading and can result from market conditions. It does not imply any wrongdoing on our part.

We treat allegations with the utmost seriousness and wish to underscore that baseless claims can harm our reputation and business. We remain dedicated to ethical business conduct and full transparency in all our transactions.

While we don't provide rewards for positive reviews, we value and thank our supportive traders. Importantly, we're not affiliated with any prop firm; instead, we've partnered with various liquidity providers and trusted crypto exchanges. This collaboration enables us to offer top-tier trading conditions on our server, including 0.0 pip spreads. Consequently, it's impossible for us to have the same broker as MFF.

However, if you would like to know more about your case, we advise you to follow up with our recent email, and we would be happy to help!

Best regards,
True Forex Funds team
A
asbasit
Calgary, Canada,
May 28, 2023,
Registered user

2nd Payout as smooth as possible...

Service use: Live Length of use: 0-3 Months
I got my 10k funded account and now thinking to up scale as this firm prove to be a good firm to work with. AL their systems are at the right place and no hidden rules to hurdle your progress. I got my 2nd payout as smooth as possible. would be building my account from here, before looking around. Their support is helpful and professional.
1 trader has found this review helpful
D
Dariusuy
Massachusetts, USA,
May 19, 2023,
Registered user

Well worth the time

Service use: Live Length of use: 6-12 Months
Well worth the time I spend with them, Profit targets and rules are today standard and really fair, the metrix page is easy to navigate, understand and informative without being overwhelming , I already have several payouts from them, when you have a payout you just click a button to ask for them already calculated profit then just wait a couple days to get payout on my pocket, not having to calculate myself or sending invoices of any kind, is done automatically.
1 trader has found this review helpful
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Tõnis S.
Tallinn, Estonia,
May 11, 2023,
Registered user

My prferred prop firm: TFF

Service use: Live Length of use: 3-6 Months
I have had experiences with 3 prop firms.  So far by far best experience is with TFF. First, user interface is beautiful, clear and simple, also the communication has been always quick, buying challenges and receiving account credentials are the fastest. Getting trough the challenges ( not all of them, sadly) and getting funded account was really smooth. So if you need reliable prop firm then TFF is the way to go
1 trader has found this review helpful

Recent User Reviews of TrueForexFunds.com

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Pablo110
South Africa , Cayman Islands,
Feb 1, 2024,
Registered user

Stay away

Service use: Live Length of use: over 1 Year
The CEO is busy buying cars while our accounts are frozen, we rely on our payouts to pay our bills this prop firm freezes our mt5 accounts it takes them more than a week to fix it or get back to us.
A week of no trading puts us all under pressure but they do not care as long as they can live their lavish lives screw their supporters
P
Reply by True Forex Funds submitted Apr 8, 2024:
Dear Pablo110,
Thank you for your feedback!

Kindly note that we had to freeze our services temporarily, however, we are back with a new platform called cTrader.

Please know that our foremost objective is to provide the highest quality services to our traders. Consequently, we are consistently striving to make enhancements that will benefit our clients. If you have any inquiries, please reach out to us via our live chat or email.

Best regards,
True Forex Funds Team
M
Mohamed Abbas
Riyadh, Saudi Arabia,
Jan 17, 2024,
Registered user

They are removing the bad reviews in social media

Service use: Demo Length of use: 3-6 Months
Whenever you add a review to social media like Facebook or YouTube they remove the bad reviews and keep only the good ones, I had an issue with them and once highlighted they didn't solve it and removed it from social media, Stay away from this company. You will lose your money
M
Reply by True Forex Funds submitted Apr 8, 2024:
Dear Mohamed Abbas,
We appreciate your review!

Please be aware that we can only discuss account-related inquiries privately, in accordance with our privacy policies. We strongly advise our traders against sharing their account numbers and related information online, as it could pose potential risks to both their accounts and our operations.

Concerning reviews, we value feedback from our traders of all types, whether positive or negative. We prioritize growth and improvement, and thus, we carefully consider all reviews to ensure we provide the best possible service for our traders. If you have any questions, please feel free to reach out to us!

Best regards,
True Forex Funds Team
A
AyoubA
Mechelen , Belgium,
Jan 11, 2024,
Registered user

the best propfirm

Service use: Live Length of use: 0-3 Months
I got funded real fast and the support is very good. They review your account as fast as possible and they give the payout like they promised!
Thank you TrueForexFunds.
A
Reply by True Forex Funds submitted Apr 8, 2024:
Dear AyoubA,

We greatly appreciate your feedback and we are glad to hear about your successful payout experience! We wish you many more profitable trades!

Best regards,
True Forex Funds Team
M
Mery z
Dubai, United Arab Emirates,
Jan 2, 2024,
Registered user

BAD PROPFIRM

Service use: Live Length of use: 0-3 Months
BAD PROPFIRM
I was top 3 in the world in payout with 28k payout to pay. Then they told me to ban me from the platform for "account management." I lost money, time and the agent. They no longer respond to any of the emails I send them.
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Reply by True Forex Funds submitted Apr 8, 2024:
Dear Mery z,

Thank you for your feedback!

Please note that our expert team has identified a violation of one of our most important rules, specifically rule 3.4. outlined in our Terms of Use. Please be aware that this decision was made to safeguard the interest of our traders as well as the company's capital.

Furthermore, upon reviewing the correspondence you have sent, we did not observe any pending questions awaiting a response. Our team has already dispatched the last email to you. If you have any other questions, feel free to reach out to us at any time.

Best regards,
True Forex Funds Team
M
mr.luis87
Florida, USA,
Dec 21, 2023,
Registered user

My experience with my first payout.

Service use: Live Length of use: 3-6 Months
I recently had a positive experience with True Forex Funds. Their on-time payouts and excellent customer service exceeded my expectations. I highly recommend it to fellow traders seeking a reliable prop firm.