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True Forex Funds
1 / 5
Verified Payouts
Forex
Our Verdict
ā ļø TRUE FOREX FUNDS PERMANENTLY CLOSED IN MAY 2024 due to financial insolvency after MetaQuotes terminated their MT4/MT5 license. Do NOT send any money. Choose reliable alternatives like FTMO, FundedNext, or The 5%ers instead.
The Good
- ā¢ Was popular before closure
The Bad
- ā¢ PERMANENTLY CLOSED
- ā¢ Financial Insolvency
- ā¢ MetaQuotes License Terminated
- ā¢ Pending Payouts Lost
- ā¢ Do NOT Join
ā ļø WARNING: TRUE FOREX FUNDS IS PERMANENTLY CLOSED
True Forex Funds (TFF) ceased all operations in May 2024 due to financial insolvency.
What Happened
| Date | Event |
|---|---|
| February 2024 | MetaQuotes terminated MT4/MT5 license |
| February 2024 | Services temporarily frozen |
| May 2024 | Permanent closure announced |
Why It Closed
- MetaQuotes License Termination - Lost access to trading platforms
- Failed Platform Migration - Attempts to move to cTrader unsuccessful
- Financial Insolvency - Unable to recover financially
What About Pending Funds?
Unfortunately, traders with pending payouts at the time of closure did not receive their funds. Account balances and pending withdrawals were lost.
Recommended Alternatives
| Firm | Why Choose Them |
|---|---|
| FTMO | 9-year track record, industry leader |
| FundedNext | 24-hour payout processing |
| The 5%ers | 8+ year track record, $4M scaling |
| E8 Markets | Customizable programs |
Lessons Learned
- Diversify - Don't keep all funded accounts with one firm
- Withdraw regularly - Don't accumulate large balances
- Monitor industry news - Platform issues can signal problems
- Research firm stability - Long track records matter
DO NOT send any money to True Forex Funds. The firm is permanently closed.
Read More About True Forex Funds
Trading Education
Should You Buy a Prop Firm Account Now? Honest Advice for Confused Traders in 2026
ā¢2/8/2026
Comparison
Smart Prop Trader vs True Forex Funds: A 2026 Restrospective on Survival
At their peak, SPT and TFF were engaged in a massive budget war for retail traders. One firm survived to become a 2026 industry leader, while the other collapsed into bankruptcy. Here is the definitive analysis of why.
ā¢3/17/2026
Guides
True Forex Funds (TFF) Hidden Consistency Rules: A 2026 Post-Mortem Analysis
Why did True Forex Funds fail? Before the collapse, their notoriously secretive 'Consistency Score' algorithm resulted in thousands of denied payouts. We break down the exact mathematics of the rule that trapped so many traders.
ā¢3/17/2026
Can You Pass the True Forex Funds Challenge?
Test your strategy with True Forex Funds's exact rules right now. No credit card required.
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Key Stats
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Evaluation
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Rating
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Starting From
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