True Forex Funds
True Forex Funds is a Czech Republic-based prop firm offering affordable challenge fees with up to 80% profit split. Backed by CySEC oversight connections, it provides a straightforward evaluation for retail forex traders.
Key Facts
Scores Breakdown
Overall Score
Based on pricing, platforms, rules, payouts, and reliability
Challenge Options
| Type | Account Size | Price | Profit Target | Max Loss | Daily Loss | Profit Split | Duration |
|---|---|---|---|---|---|---|---|
| Standard Challenge | $10,000 | $89 | 8% (Phase 1), 5% (Phase 2) | 10% | 5% | 80% | Unlimited |
| Standard Challenge | $25,000 | $189 | 8% (Phase 1), 5% (Phase 2) | 10% | 5% | 80% | Unlimited |
| Standard Challenge | $50,000 | $289 | 8% (Phase 1), 5% (Phase 2) | 10% | 5% | 80% | Unlimited |
| Standard Challenge | $100,000 | $489 | 8% (Phase 1), 5% (Phase 2) | 10% | 5% | 80% | Unlimited |
| Standard Challenge | $200,000 | $939 | 8% (Phase 1), 5% (Phase 2) | 10% | 5% | 80% | Unlimited |
Trading Rules
- 1Minimum 5 trading days per evaluation phase
- 2Maximum daily loss of 5% of initial balance
- 3Maximum overall loss of 10% of initial balance
- 4No martingale or grid strategies
- 5News trading allowed
- 6Weekend holding allowed
- 7EAs permitted with restrictions
Pros & Cons
Pros
- Low challenge fees compared to competitors
- Straightforward two-step evaluation
- Unlimited time to complete the evaluation
- EU-based operations with CySEC connections
- Bi-weekly payout schedule
Cons
- Profit split capped at 80% with no scaling
- Only MT4 and MT5 platforms supported
- Limited instrument selection compared to some rivals
- No one-step challenge option
Full Review
True Forex Funds operates from Brno in the Czech Republic, positioning itself as a budget-friendly alternative to larger prop firms. Its connections to CySEC-backed entities give it added credibility in the European market.
The evaluation is a standard two-step model: 8% profit target in Phase 1 and 5% in Phase 2, with a 10% max overall loss and 5% daily loss limit. All evaluations have unlimited time, which is a welcome feature for traders who prefer a patient approach.
Challenge fees are notably low, starting at just $89 for a $10,000 account. This makes True Forex Funds one of the most accessible entry points in the prop trading space. The profit split is 80%, which is the industry standard.
The main limitation is the lack of a scaling program, meaning the 80% split does not increase over time. Platform support is limited to MT4 and MT5, and the instrument range excludes stocks and crypto. For budget-conscious traders seeking a reliable, EU-based evaluation, True Forex Funds delivers solid value.
True Forex Funds — frequently asked questions
Is True Forex Funds a legitimate prop firm?
True Forex Funds is a proprietary-trading (funded-trader) firm founded in 2021, based in Brno, Czech Republic. It is an evaluation provider, not a regulated broker: a funded account trades the firm's simulated capital under a profit-share agreement, and the evaluation fee is at risk if you do not pass.
How much does a True Forex Funds challenge cost?
True Forex Funds evaluations start from $89, scaling with account size up to $200,000. The fee is non-refundable unless you pass the evaluation and trade the funded account.
What profit split and payouts does True Forex Funds offer?
True Forex Funds pays a profit split of 80% with Bi-weekly payouts once you are funded. Read the drawdown and trading rules in full before paying — most failed challenges are lost to a rule, not a losing strategy.
Disclaimer
Prop trading firms are not regulated financial institutions. Challenge fees are non-refundable in most cases. Past performance of funded traders does not guarantee future results. Always read the full terms and conditions before purchasing a challenge. This review is for informational purposes only and does not constitute financial advice.