True Forex Funds
Closed permanently, and it says why: financial insolvency, in its own notice, still up. We had recorded the cause as MetaQuotes revoking its licence on 13 May 2024, with roughly $1.2M reportedly left unpaid to traders — both second-hand, and the second one is the part a reader would most want sourced. The firm’s own words replace the first and stand beside the second.
Crossed one of the seven hard bars. Open the row and it names which one, with the mechanism spelled out. This is not a low grade — no quantity of virtue elsewhere buys it off, which is why it carries no rank at all.
Disqualified for
The firm has closed
It stopped operating, and the date is on the row. Kept in the register rather than deleted so that somebody searching the name lands on when it closed instead of on an archived sales page. This is not a judgement of how it treated traders while it ran — several of these paid out to the end and shut down when a platform licence was withdrawn.
What they published
“We regret to inform you that True Forex Funds has ceased all operations and will be closing permanently due to financial insolvency.”Trustpilot
A financial regulator published a notice about this firm and Trustpilot is surfacing it. Read the notice itself before drawing a conclusion.
We read its rules and scored it, but did not price every plan it sells individually.