Refundable fee
The evaluation is critical for both our clients and True Forex Funds since our interest is in funding them besides the time, effort and capital our professional team invests in our trader’s career opportunities. All accounts have one-time fees, which is the maximum payment, that one may pay since we cover all losses if any,...
May 27, 2022
Withdrawal
Funded account withdrawals occur on a bi-weekly basis, meaning at the end of every 14 calendar days trading cycle. Withdrawals are processed during the weekend, as well. The payout period starts after the first opened position on the funded account. Bi-weekly payouts can be configured in the dashboard on the payout date after receiving a...
May 27, 2022
Attainable Maximum Capital
We would like to protect the company and our client’s capital by lowering the risk and diversifying the portfolio to ensure funds are distributed evenly. We can allow as much as $400,000 per trader or strategy, at any given time for any Funded Account. The Maximum Capital limit is in place for other accounts in...
May 27, 2022
Documents
To Sign up for the program our clients do not need to authenticate their accounts. Know Your Customer or KYC Documents are a regulatory requirement to secure our and our trader’s operations and to receive the Funded Account after successfully finishing the Evaluation Process. Therefore, we only ask it after passing Phase 2. Since the...
May 27, 2022
Payment
Sign up and pay in the Client area with one of our available payment methods! For payment, we accept debit cards, credit cards and cryptocurrencies. Usual settlement times: Credit card payments: Our 3D secured payment option allows instant settlement; Cryptocurrency payments: usually instant but depends on the chosen currency; We only charge a one-time fee...
May 27, 2022
Breaching the Trading Objectives
True Forex Funds Trading Objectives are tailored around Proprietary Trading. The Loss Limits are standardized to have enough room for risk to maintain a positive cash flow and prevent greater downturns. Breaching our Loss Limits does not mean of sudden denial from the program, but an instructive reflection of where, what or how one can...
May 27, 2022
Profit Split
The profit split is 80% of the funded accounts closed profits. Funded traders are entitled to their generated profits of 80%, while True Forex Funds expenses are covered with the rest. Our withdrawal procedure is simple and requires only a few basic steps. The profit split is done on a bi-weekly basis. Funded traders do...
May 27, 2022
Evaluating a successful Phase 2 account
Meeting Phase 2 Trading Objectives is always a thrill for our Clients. At this stage, we are excited to evaluate the account and grant access to the Funded Program. The dashboard will notify our traders and us of passing Phase 2 and we will start assessing the account right off the bat. Obviously, home runs...
May 27, 2022
Phase 2
Keep your determination in succeeding! Phase 1 was an eye-opener for the possibilities one can achieve with Proprietary capital. Phase 2 is built to secure favorable trading behaviors amongst constant profitability, a systematic approach to trading and assurance toward us of your dedication. The drills are already familiar. The trading period starts with the first...
May 27, 2022