True Forex Funds

True Forex Funds was one of the most popular prop firms before being forcibly shut down by MetaQuotes (MT4/MT5 developer) in September 2023. MetaQuotes revoked their platform license, citing terms of service violations related to how demo accounts were being used to simulate funded trading. All active challenges and funded accounts were terminated. Some traders reported partial refunds, but most lost their challenge fees and outstanding profits.