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True Forex Funds Rules

Source review:

Source checked Nov 15, 2023 | Primary source: Official True Forex Funds rules

True Forex Funds requires a 8% profit target, 5% max daily loss, and 10% max static (floor never moves) drawdown. Account sizes range from $10,000 to $100,000. Profit split starts at 80% and can reach 80%. This summary is based on the rule set reviewed on 2023-11-15.

KEY FACTS

Max funding: $100,000
Cheapest fee: $89
Profit split: 80%-80%
Drawdown: Static (floor never moves)
Phases: 1 evaluation + funded
Markets: forex, indices, commodities
Trust score: 0/100

View official rules page

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How should you decide on True Forex Funds?

Best Fit

True Forex Funds is strongest for swing traders or slower-paced discretionary traders who want static drawdown plus full holding flexibility.

Where Traders Misfit This Firm

True Forex Funds does not have one obvious structural deal-breaker, so the decision comes down to whether its market coverage, pricing, and payout cadence match your workflow.

Primary Failure Risks

  • A common mistake is treating static drawdown as permission to size up aggressively once slightly profitable. The floor is fixed, but the account can still be lost quickly if risk expands too fast.
  • The daily loss limit is tighter than many traders expect. On the smallest account, two badly sized trades can consume the $500 daily cap before the strategy has time to recover.
  • Because there is no consistency rule, discipline shifts back onto the trader rather than a secondary rule constraint.
  • Holding is more flexible here, so the main risk shifts toward managing overnight gap exposure inside the drawdown model.

Drawdown

Static

Evaluation

2-step

Profit Split

80-80%

Payouts

No longer operational

What do you need to know about True Forex Funds?

True Forex Funds is a 2-step prop trading firm that offers 3 account sizes ranging from $10,000 to $100,000. CLOSED (November 2023). True Forex Funds ceased operations after regulatory pressure. Was a popular budget option. Included for historical reference. The firm supports MT4, MT5 and gives traders access to forex, indices, commodities markets. Expert advisors and automated trading bots are allowed, making it suitable for algorithmic traders. Copy trading is also permitted.

The evaluation uses static (floor never moves), which means your drawdown floor is set once at account opening and never moves up. This is the most trader-friendly drawdown type because every dollar of profit adds a genuine cushion above your breach level. If you grow a $100,000 account by $5,000, your floor stays at $90,000, giving you $15,000 of total room.

The 5% daily loss limit acts as a circuit breaker. On the $100,000 account, that means you cannot lose more than $5,000 in a single day. This is calculated from your equity (including open positions), which is an important distinction -- floating losses count against you even before you close the trade. Profit split starts at 80% and scales up to 80%, with payouts processed no longer operational.

Common mistakes traders make on True Forex Funds: Hitting the daily loss limit by overleveraging after a losing streak is extremely common. On the $10,000 account, your daily limit is only $500 -- two bad trades at 2.5% risk each and you are done for the day. Always verify the current rules on the official rules page before starting.

Who True Forex Funds is best for: Swing traders and position traders who need to hold through overnight sessions and weekends will appreciate the static drawdown and relaxed holding rules. Forex and CFD traders -- futures are not available. Budget-conscious traders will appreciate the low entry point of $89 for the $10,000 account.

What account sizes does True Forex Funds offer?

SizeFeeDaily LossMax DDTarget
$10,000$89$500$1,000$800
$50,000$289$2,500$5,000$4,000
$100,000$489$5,000$10,000$8,000
Source: (verified )

What markets does True Forex Funds offer?

forexindicescommodities

What platforms does True Forex Funds support?

MT4MT5

True Forex Funds Trading Restrictions: News, Holding & Position Limits

True Forex Funds News Trading Rules

True Forex Funds allows news trading without restrictions. You can hold positions through NFP, FOMC, CPI, and other high-impact economic events. This makes True Forex Funds one of the more flexible prop firms for event-driven traders.

True Forex Funds Overnight and Weekend Holding Rules

True Forex Funds allows overnight holding. You can keep positions open across trading sessions without triggering a rule violation. Weekend holding is also permitted, so swing traders can hold positions from Friday through Monday without issues.

True Forex Funds Position Size and Lot Size Limits

True Forex Funds does not enforce explicit lot size limits beyond what your drawdown rules allow. Your maximum safe position size is determined by your daily loss limit and stop loss distance. On the $100,000 account with a $5,000 daily loss limit, risking 1% per trade means your maximum risk per position is $50. Use our position size calculator to find the exact safe lot size for your stop distance.

True Forex Funds Payout Rules: Profit Split, Frequency & Speed

True Forex Funds pays out no longer operational with a profit split starting at 80% and scaling up to 80%. The profit split structure means you keep 80% of all profits on your funded account. As you demonstrate consistent performance, the split increases -- rewarding disciplined traders who stay funded longer.

For detailed payout terms, processing speed, and withdrawal methods, see the True Forex Funds payout breakdown.

What are the pros of True Forex Funds?

  • +Was one of the cheapest prop firms
  • +Static drawdown
  • +Low minimum trading days

What are the cons of True Forex Funds?

  • -SHUT DOWN in November 2023
  • -Faced payout issues before closure
  • -Regulatory compliance questions
  • -Serves as warning about due diligence

Related True Forex Funds Pages

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Where can I learn more about True Forex Funds?

True Forex Funds Trust ScoreTrue Forex Funds ReviewIs True Forex Funds Legit?True Forex Funds PayoutsTrue Forex Funds Drawdown SimulatorTrue Forex Funds $10,000 RulesTrue Forex Funds $50,000 RulesTrue Forex Funds $100,000 RulesSetup MT4 for True Forex FundsSetup MT5 for True Forex Funds

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Common Questions About True Forex Funds

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Frequently Asked Questions

What are True Forex Funds's rules?

True Forex Funds is a 2-step prop firm with static (floor never moves). The daily loss limit is 5%, max drawdown is 10%, and the profit target is 8%. Profit split ranges from 80% to 80%.

What is True Forex Funds's drawdown type?

True Forex Funds uses static (floor never moves). The drawdown floor is fixed at account opening and never moves up, regardless of profits.

How much does True Forex Funds cost?

True Forex Funds account fees range from $89 for a $10,000 account to $489 for a $100,000 account. Most firms refund the fee with your first payout.

Does True Forex Funds allow news trading?

True Forex Funds allows news trading in all phases. You can trade during NFP, FOMC, and CPI events without restrictions.

What is True Forex Funds's profit split?

True Forex Funds offers a 80% to 80% profit split. Traders start at 80% and can scale up to 80% based on performance. Payouts are processed no longer operational.

Can you use EAs on True Forex Funds?

Yes, True Forex Funds allows expert advisors (EAs) and automated trading bots. Copy trading is also permitted.

What platforms does True Forex Funds support?

True Forex Funds supports MT4, MT5. The firm offers forex, indices, commodities markets across 3 account sizes from $10,000 to $100,000.

Does True Forex Funds allow overnight and weekend holding?

Yes, True Forex Funds allows overnight holding. Weekend holding is also allowed.

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