As a result of MetaQuotes' unannounced license termination, True Forex Funds (TFF) has announced a temporary suspension of their operations.

According to MetaQuotes, TFF's usage of a third-party source for equity synchronization is what led to the termination; the provider allegedly failed to connect to MetaTrader's client terminal in a way that MetaQuotes found entirely acceptable.

Since 2021, TFF has used the aforementioned third-party service without receiving any complaints from MetaQuotes. Without any prior notice or chance to find a replacement for the unwelcome service, the abrupt termination occurred. TFF notes that looking into a partner's, provider's, or supplier's source code to verify their legitimacy is impossible in any business.

TFF promises all traders that they will not give up in the face of adversity. Developing a strategy to carry on offering their services is a top priority for the team. They will make an effort to move traders' trading accounts to a broker if they are unable to persuade MetaQuotes to maintain their licenses, an endeavor they are now engaged in.

TFF expresses its regret for this catastrophe, which was the result of a force majeure event that was beyond their control. They guarantee that after the platform is unfrozen, the remaining rewards will be earned.

This development highlights the difficulties trading platforms have in upholding license compliance while guaranteeing their users' continued service. Check back for additional information regarding this matter.