True Forex Funds: why we flag it
SHUT DOWN — closed 2024 after platform loss. Do not purchase.
Why it's on the watchlist
No longer operating: True Forex Funds shut down in 2024 in the wave of closures that followed MetaQuotes' crackdown on unlicensed MetaTrader access for U.S. retail clients. Documented trader losses run to roughly $1.2M across about 300 traders. Listed as a historical warning: the firm is defunct — do not purchase evaluations or 'accounts' through resellers.
Fine print & rules (3)
- Closed in 2024 amid the MetaTrader license crackdown
- ~$1.2M in documented losses across ~300 traders
- Defunct — no active funded program
Quick answers
Is True Forex Funds recommended on PropFirmQuiz?
No. No longer operating: True Forex Funds shut down in 2024 in the wave of closures that followed MetaQuotes' crackdown on unlicensed MetaTrader access for U.S. retail clients. Documented trader losses run to roughly $1.2M across about 300 traders. Listed as a historical warning: the firm is defunct — do not purchase evaluations or 'accounts' through resellers. It's listed here for transparency, without an affiliate link.
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