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Prop firm True Forex Funds folds

True Forex Funds has ceased all operations and will be closing permanently due to financial insolvency.

True Forex Funds ceased operating last week after MT4 / MT5 operator MetaQuotes terminated its trading platform licenses.

True Forex Funds has been on the US CFTC’s RED List since last June, for soliciting and/or accepting funds from U.S. customers.