True Forex Funds has a broad vision that includes ground-breaking technology and contemporary solutions for traders who are eager to advance in their careers. The prop firm was incorporated in October 2021. The CEO is Richard Nagy. Their office is located in Gyor, Hungary.
Following are a few facts about the firm:
- Phase 1 profit target 8%
- Phase 2 profit target 4%
- Maximum allocation limit: $400,000
They have a maximum daily loss of 5 percent & a lower maximum loss limit of 10 percent regarding trading days.
Upon passing a 2-Phase Evaluation Process, their funding program offers grants of up to $400,000, and the company can directly cover traders’ potential losses.
True Forex Funds November Statistics
True Forex Funds shared its November Statistics. The firm shared the total Funded Accounts Payouts, the highest payout, the number of payouts, the average payout, and the most traded pairs in November.
- Funded Account Payouts: $+3,200,000
- Highest payout: $56,508
- Number of Payouts: 765
- Average payout: $4,259
- Most Traded Pairs:
EUR/USD
GBP/USD
November’s payouts are a new height for the firms. The statistics show that the firm is becoming successful daily, and more traders are getting funded.
Let’s wait for the statistics for December now. We are eagerly waiting to see what traders will do in the next month. Congratulations, and Best of Luck. Happy Trading, Traders!
Also, if you want to read about Different Prop firms’ minimum trading days of 2-step programs, click on the link.
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