True Forex Funds Makes a Comeback

True Forex Funds, an online proprietary trading firm, faced a setback when it asserted that MetaQuotes, the operator of MT4 and MT5, terminated the licenses for its trading platform. Consequently, the firm temporarily halted its services.

This incident marks the second disruption in recent months for a prominent entity in the proprietary trading sector, specializing in foreign exchange and contracts for difference. It follows the regulatory actions leading to the closure of My Forex Funds in Canada by US and Canadian authorities last September.

After weeks of turmoil, the Hungary-based firm has officially announced its re-entry into the trading domain through a recent post on the social media platform X. The firm expressed its resurgence with the statement, “True Forex Funds is BACK in the game.”

The announcement highlighted the firm's relaunch on the cTrader platform, emphasizing its status as one of the safest platforms for proprietary trading. On platform X, the company conveyed that it takes pride in informing stakeholders about their return, now operating on their own-branded cTrader, recognized as one of the most secure platforms for proprietary trading.

The decision to shift to cTrader reflects a strategic move for True Forex Funds. In their official statement, the firm expressed eagerness to resume operations and renew collaborations with their clients.

True Forex Funds has recently undergone significant changes, gaining attention when it suspended operations following the reported termination of its MT4 and MT5 licenses by MetaQuotes.