Articles

True Forex Funds Restarts Operations Using the cTrader Software

The Hungarian proprietary trading company True Forex Funds has announced that it is coming back with the launch of its own cTrader platform. The company had previously ceased operations after MetaQuotes allegedly terminated its MT4 and MT5 licenses.

True Forex Funds announced its return with the message, "True Forex Funds is back in the game." The company made a big deal out of relaunching on the cTrader platform, claiming it to be among the safest for proprietary trading. 

"We are excited to announce our relaunch with one of the safest platforms for prop trading: our self-branded cTrader!" was posted on their social media channels. 

Last week True Forex Funds abruptly stopped operating after MetaQuotes allegedly revoked its MT4 and MT5 licences. Amidst this disturbance, True Forex Funds was preparing for a reopening during the week of February 19th. CEO Richard Nagy voiced his annoyance at the sudden stoppage and the difficulties it caused for dealers. 

According to reports, the company is in discussions with MetaQuotes to have its licenses reinstated, but in the event that those talks fail, it may move trading accounts to another broker. It was urged on traders to be ready for everything. Launching its cTrader platform, True Forex Funds intends to synchronize all accounts—including MetaTrader accounts—with one another. 


Author : Prop Connect
Publish Date : 24 February 2024

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