True Forex Funds
Czech Republic prop firm with transparent evaluation programs
Platform Overview
True Forex Funds is a Czech Republic-based proprietary trading evaluation firm established in 2021. It offers two-phase and one-phase evaluation challenges for forex and CFD traders seeking funded accounts. The firm provides profit splits up to 80% with scaling opportunities and emphasises transparent trading conditions.
Company Information
- Registered Company Name
- Prop Master s.r.o.
- Brand Name
- True Forex Funds
- Headquarters
- Czech Republic
- Year Established
- 2021
- Publicly Listed
- No
Transparency Signals
This score is based on currently available transparency, complaint, reputation and research signals, and may evolve as more data becomes available.
Multi-jurisdictional regulatory compliance
Platform operates under offshore regulatory framework
- Platform operates under offshore regulatory framework with limited investor protection
Platform operates under offshore regulatory framework with limited investor protection
Trust Dimension Breakdown
Measures the completeness and verifiability of platform disclosures including regulatory filings, operational transparency, and transparency improvement efforts.
Evaluates regulatory standing, jurisdictional oversight quality, institutional engagement, and regulatory tier classification.
Assesses fund safety mechanisms, complaint history, complaint resolution track record, and customer service quality.
Reflects market standing, research commentary, expert-assessed execution quality, and liquidity reliability.
Evaluates platform uptime, technical reliability, customer service responsiveness, and operational transparency.
Measures industry contribution through education initiatives, research collaboration, ESG programs, and investor awareness efforts.
Regulatory Intelligence
Brand Name
Regulatory information displayed here is compiled from public registries, third-party sources, and platform self-declarations. IFCCI does not guarantee the completeness or accuracy of this information. Always verify directly with the relevant regulatory authority.
Regional Market Signals
Malaysia Market
Asia Pacific
Global Market
Regulatory Licenses
MetaQuotes revoked MT4/MT5 license; operations ceased in 2023
Internal Transparency
Transparency profile visualization
Trading Conditions
| Instrument | Spread |
|---|---|
| EUR/USD | 0.2 pips |
| GBP/USD | 0.5 pips |
| USD/JPY | 0.3 pips |
| XAU/USD | 0.20 pips |
- Commission
- Challenge fee from $59 (ceased operations)
- Inactivity Fee
- N/A
- Deposit Fees
- N/A
- Withdrawal Fees
- N/A
- Withdrawal Processing Time
- N/A (ceased)
Platform Infrastructure
Safety & Protection
Community Snapshot
Submit a Complaint
Platform Comparison
| Regulatory Tier | Offshore | Offshore |
| Transparency Signals | 2.0/10 | 2.0/10 |
| Minimum Deposit | $59 (challenge fee) | $155 (Challenge fee) |
| Maximum Leverage | 1:100 | Up to 1:100 |
| Spread Type | Variable | Raw Spread |
| Execution Model | STP | STP |
| Year Established | 2021 | 2015 |
| Trading Products | 4 | 5 |
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Information presented is compiled from publicly available regulatory sources and user submissions. IFCCI does not make recommendations or endorsements. Users should conduct independent due diligence.
Legal Disclaimer
The IFCCI Transparency Programme is an independent research initiative and does not constitute regulatory supervision, professional financial advice, or official compliance certification. All findings represent research-based observations intended to contribute to financial industry transparency discourse and informed evaluation. FinScope is a technology platform developed to support the programme’s public-facing digital interface.