After the 'My Forex Funds' Fiasco: 'True Forex Funds' Stalls Operations
From financemagnates.com
The prop trading firm True Forex Funds experienced a disruption after claiming that MetaQuotes, the operator of MT4 and MT5, terminated the licenses for its trading platform. This resulted in a temporary cessation of its services. This development represents the second instance in recent months where a notable name in the proprietary trading sector for foreign exchange and contract for difference traders. It follows the shutdown of Canada's My Forex Funds by US and Canadian regulators last September. In response to the disruption, True Forex Funds' CEO, Richard Nagy, expressed the team's commitment to finding a ...
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