True Foreign exchange Funds, an internet proprietary buying and selling agency based mostly
in Hungary, has introduced its return to the buying and selling scene by means of a current publish
on the social media platform X (previously Twitter). Within the announcement, the
firm declared its resurgence with the assertion, “True Foreign exchange Funds is
BACK within the recreation.”
The announcement additionally emphasised the agency’s relaunch on the
cTrader platform, which they assert is likely one of the most secure platforms for
proprietary buying and selling.
“We’re proud to announce that we’re relaunching with one
of the most secure platforms for prop buying and selling: our own-branded cTrader!”, shared on platform
X.
True Foreign exchange Funds is BACK within the recreation. 🎯 We’re proud to announce that we’re relaunching with one of many most secure platforms for prop buying and selling: our own-branded cTrader!🔝We’ve missed you as a lot as you missed us -now let’s form the market collectively once more!💸https://t.co/BopfAcAXGh pic.twitter.com/mEwAfog7Ku
— True Foreign exchange Funds (@trueforexfunds) February 21, 2024
Regulatory Challenges in Proprietary Buying and selling Sector
Final week, Finance
Magnates reported the abrupt
cessation of operations by True Foreign exchange Funds, a Hungary-based on-line
proprietary buying and selling agency, following the alleged termination of its MT4 and MT5
licenses by MetaQuotes.
In response to the disruption, True Foreign exchange Funds was
making ready for its reopening within the “week of February nineteenth.” CEO
Richard Nagy expressed frustration over the shortage of warning and the challenges
merchants confronted as a result of service interruption.
The agency is reportedly searching for reinstatement of its licenses
by MetaQuotes however
acknowledges the potential for migrating buying and selling accounts to a distinct
dealer if negotiations fail. Merchants had been suggested to arrange for any end result.
A consultant talked about in an e mail to Finance Magnates
that they had been working diligently to enhance providers and guarantee a seamless
expertise for merchants. True Foreign exchange Funds deliberate to launch its cTrader platform
and synchronize all accounts, together with MetaTrader.
The challenges in proprietary buying and selling prolong past True
Foreign exchange Funds. Final 12 months, regulatory authorities took motion towards My Foreign exchange
Funds and its proprietor, Murtuza Kazmi, for allegedly deceptive retail prospects.
Moreover, FPFX Applied sciences terminated its settlement with Funded Engineer,
reflecting broader challenges within the sector.
True Foreign exchange Funds, an internet proprietary buying and selling agency based mostly
in Hungary, has introduced its return to the buying and selling scene by means of a current publish
on the social media platform X (previously Twitter). Within the announcement, the
firm declared its resurgence with the assertion, “True Foreign exchange Funds is
BACK within the recreation.”
The announcement additionally emphasised the agency’s relaunch on the
cTrader platform, which they assert is likely one of the most secure platforms for
proprietary buying and selling.
“We’re proud to announce that we’re relaunching with one
of the most secure platforms for prop buying and selling: our own-branded cTrader!”, shared on platform
X.
True Foreign exchange Funds is BACK within the recreation. 🎯 We’re proud to announce that we’re relaunching with one of many most secure platforms for prop buying and selling: our own-branded cTrader!🔝We’ve missed you as a lot as you missed us -now let’s form the market collectively once more!💸https://t.co/BopfAcAXGh pic.twitter.com/mEwAfog7Ku
— True Foreign exchange Funds (@trueforexfunds) February 21, 2024
Regulatory Challenges in Proprietary Buying and selling Sector
Final week, Finance
Magnates reported the abrupt
cessation of operations by True Foreign exchange Funds, a Hungary-based on-line
proprietary buying and selling agency, following the alleged termination of its MT4 and MT5
licenses by MetaQuotes.
In response to the disruption, True Foreign exchange Funds was
making ready for its reopening within the “week of February nineteenth.” CEO
Richard Nagy expressed frustration over the shortage of warning and the challenges
merchants confronted as a result of service interruption.
The agency is reportedly searching for reinstatement of its licenses
by MetaQuotes however
acknowledges the potential for migrating buying and selling accounts to a distinct
dealer if negotiations fail. Merchants had been suggested to arrange for any end result.
A consultant talked about in an e mail to Finance Magnates
that they had been working diligently to enhance providers and guarantee a seamless
expertise for merchants. True Foreign exchange Funds deliberate to launch its cTrader platform
and synchronize all accounts, together with MetaTrader.
The challenges in proprietary buying and selling prolong past True
Foreign exchange Funds. Final 12 months, regulatory authorities took motion towards My Foreign exchange
Funds and its proprietor, Murtuza Kazmi, for allegedly deceptive retail prospects.
Moreover, FPFX Applied sciences terminated its settlement with Funded Engineer,
reflecting broader challenges within the sector.
