True Forex Funds Review 2024 - Transparent Prop Trading for Kenyan Traders
Transparent forex prop firm offering up to $400K funding with competitive terms, flexible evaluation programs, and strong focus on trader success.
prop tradingTrue Forex FundsforextransparencyKenyafunded trading
Quick Overview
Founded: 2022
Headquarters: London, United Kingdom
Max Funding: $10K - $400K
Success Rate: 20-28%
Kenya Friendly: Yes
Performance Ratings
overall
8.6
/10
trading Conditions
8.9
/10
payout Reliability
8.8
/10
customer Support
8.7
/10
platform Quality
8.5
/10
educational Value
8.3
/10
transparency
9.1
/10
Funding Programs
| Program | Account Size | Challenge Fee | Profit Target | Max Drawdown | Profit Split |
|---|---|---|---|---|---|
| True Challenge Two-phase evaluation with unlimited time and transparent rules | $10K - $400K | $89 - $2,499 | 8% (Phase 1) + 5% (Phase 2) | 5% daily, 10% total | 80% trader, 20% firm |
| True One Step Single-phase evaluation for experienced traders | $10K - $400K | $129 - $3,499 | 10% target | 5% daily, 10% total | 80% trader, 20% firm |
| True Instant Instant funding with no evaluation required | $10K - $100K | $199 - $1,999 | No target | 4% daily, 8% total | 80% trader, 20% firm |
Trading Conditions
Platforms & Instruments
Platforms:
MetaTrader 4MetaTrader 5cTrader
Instruments:
ForexIndicesCommoditiesCryptocurrencies
Max Leverage: 1:100
Min Trading Days: 5
Trading Rules
Weekend Holding: Yes
News Trading: Yes
EA Allowed: Yes
Hedging Allowed: Yes
Scalping Allowed: Yes
Pros & Cons
Pros
- Excellent transparency and communication
- Competitive pricing structure
- Up to $400K funding available
- Unlimited time for evaluations
- Strong customer support
- Multiple program options
- Weekend position holding
- Active trading community
Cons
- Relatively new firm (2022)
- Limited track record
- No phone support
- Fewer educational resources than competitors
- No regulatory oversight
Kenya Accessibility
Trader Acceptance
Accepts Kenyan TradersTime Zone Compatibility
ExcellentLocal Support
AvailableLocal Payment Methods
SkrillNetellerWiseCryptocurrency
Costs & Fees
| Account Size | Challenge Fee | Refundable |
|---|---|---|
| $10K | $89 | Yes |
| $25K | $189 | Yes |
| $50K | $349 | Yes |
| $100K | $649 | Yes |
| $200K | $1,249 | Yes |
| $400K | $2,499 | Yes |
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