Evaluating a successful Phase 1 account
Our dashboard displays an extensive overview of the account’s current progress. If the Trading Objectives are met, a guided memo will inform our clients in their Client area. At the same time, we’ll be notified automatically and start to verify the account. No intervention is needed from the customer side, as we handle their accounts...
May 27, 2022
Free retry
We know the market may be turbulent sometimes, personal tasks may intersect plans or unexpected delays may kneel down expectations. This is why we introduce the Free retry plan for every 2-Phase Evaluation Account. If the trading objectives are kept but the profit target is not met under the cut-off time period and the account...
May 27, 2022
Phase 1
Phase 1 is the beginning of the Evaluation Process. A milestone with reasonable trading objectives to clear and advance to the next and final Phase 2 before becoming a funded trader. True Forex Funds offers an inclusive deal for all traders in Phase 1, with 8% profit target to reach within 30 calendar days, on...
May 27, 2022
Trading Objectives
True Forex Funds has well-defined trading objectives that help our clients take disciplinary steps toward their goals, organize with due measure and embrace appropriate risk management. Our Evaluation Process is tailored for the demands of Proprietary Trading, to trade successfully and be committed to us, largely. The trading objectives contain terms such as, Profit target:...
May 27, 2022
PROHIBITED TRADING STRATEGIES
Normally, we approve all profitable trading styles and our clients are largely recognized and accepted. We have to mention some questionable actions, which we can not support, due to they can not be credited or authorized at True Forex Funds. First and foremost, changing the MetaTrader’s password is not allowed. As a consequence, the account...
May 27, 2022
Authorized Trading Styles
Generally speaking, all trading styles are welcome! We are looking for skilled traders to trade our capital, so we do not draw a line of how one should make profits. From conventional to automated trading, everything is justifiable, which respects live conditions. Scalpers, day traders, swing traders and new traders alike are also welcome. Trading...
May 27, 2022
News Trading
We know, that most big investors are predicting possibilities and eyeing news events. So do our clients. News trading is allowed during any macroeconomic event on all accounts. Our traders can take advantage of news trading year-round.
May 27, 2022
Loss Limits
We have set two different loss limits! Max Daily Loss (5%) and Max Loss (10%). The calculation considers closed and floating losses and profits, as well spreads, swaps and commissions. Max Loss means the equity can not decline more than 10% of the initial deposit. Max Overall Loss is predetermined for the entire duration of...
May 27, 2022
Platform Change
True Forex Funds offers suitable flexibility! Sometimes our clients need a change in their trading environment or are not satisfied with their current platforms. We allow platform changes for evaluation accounts with clear trading history. Ongoing evaluation accounts first have to pass the trading objectives and a new trading platform can be requested for the...
May 27, 2022