True Forex Funds Payout Methods Update- Deel Disabled?

True Forex Funds has announced a temporary shift in its payout methods. The firm has temporarily disabled Deel, its previous payout platform, and replaced it with direct bank transfers. However, it’s worth noting that crypto payouts remain unaffected and continue to function seamlessly.

Traders who have pending and unsettled payouts through the Deel platform will be pleased to know that these transactions are currently in the process of resetting. They will soon have the opportunity to reconfigure their payout preferences through their client area.

True Forex Funds Payout Methods

A crucial point of attention has been raised for clients located within the SEPA (Single Euro Payments Area) zone. True Forex Funds advises traders in this region to ensure that their provided bank accounts are capable of accepting USD. 

Failure to do so could potentially result in a delay in the arrival of their payouts. However, traders with multi-currency accounts need not worry, as they are not affected by this requirement.

True Forex Funds is also actively working on implementing new solutions to enhance the withdrawal experience for its clients. The firm aims to provide multiple withdrawal options, potentially even including instant settlements in the near future. This move is expected to significantly expedite the payout process, offering traders a more efficient and flexible experience.

Traders are encouraged to stay tuned for further updates from True Forex Funds as they continue to work towards providing improved withdrawal options and faster settlement times. The firm’s commitment to enhancing user experience demonstrates its dedication to meeting the evolving needs of its clients in the dynamic world of forex trading.

About the Firm

Here are some important facts about the firm:

  • Free retries can be applied for both evaluation phases
  • Unlimited trading period on Limitless Funding
  • There are no minimum trading days on Quick Funding
  • Leverage 1:100
  • Profit share 80%

If you want to read more about the firm, click here. Also, use our discount code (FXPROPTFF5) for a 5% Discount.