Prop Trading Firm True Forex Funds Relaunches with cTrader

After suspending services​ earlier this month, True Forex Funds, an online prop trading firm based in Hungary, today announced its return to the market.

In a post on X this morning, True Forex Funds stated: “ We are proud to announce that we are relaunching with one of the safest platforms for prop trading: our own-branded cTrader!”

cTrader is a broker trading platform developed by a renowned software company Spotware Systems. In recent times, the U.S. has implemented stricter regulations on the proprietary trading industry. Additionally, MetaQuotes, the developer of MT4/5 trading platform, has imposed limitations on licenses for prop trading firms. As a result, numerous companies have had to temporarily halt their services and transition to alternative platforms to adapt to these challenges.

As reported by Fazzaco, several other prop trading firms, including Smart Prop Trader, Funded Trader, and Alpha Capital, have opted for cTrader as an alternative trading platform. Another group of companies, like Lark Funding, have switched from their current trading platform to Devexperts's DXTrade. In addition to these choices, Funding Pips​ is also incorporating Match-Trader and TradeLocker trading platforms to support their operations.