Frequently Asked Questions

Starting out with TTF

What exactly is The Trader Forge?

The Trader Forge functions as an online platform specialised as an online demo trading evaluation firm.

Through our service, individuals can undertake our virtual evaluation to showcase their virtual demo trading expertise in a risk-free setting, requiring only an initial fee for participation. Upon successful completion, qualified participants gain the opportunity to earn simulated profits from their activities in a Master Account, provided they adhere to our Terms of Use and Customer Agreement.

At The Trader Forge, we firmly believe in granting every virtual retail trader the chance to secure simulated capital based on their performance and dedication to developing their demo trading enterprise.

You’ll find us actively engaging on Instagram and X (@thetraderforge), where we share daily insights into trading education and demonstrate our unwavering enthusiasm for the industry. We invite you to become part of our Discord community (linked at the home page), where you can stay informed about the latest enhancements and join us in celebrating the vibrant community we’ve fostered together.

Please note: A payout refers to compensation based on data derived from simulated profit metrics.

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What is an Evaluation Firm?

An evaluation firm is an organization that provides challenge participants with simulated capital to implement their own market strategies and receive compensation based on a reward of any virtual profits generated using that simulated capital.

The Trader Forge sets itself apart from such firms in several key ways:

  • By enabling challenge participants from across the globe to remotely enroll and partake in our evaluation program for a signup fee considerably lower than that of traditional brick-and-mortar firms, we’ve effectively eliminated the entry barrier. This simplifies the entry process, focusing solely on whether a challenge participant possesses a profitable strategy.
  • By furnishing all Master Virtual Traders with simulated balances on demo accounts, our firm diversifies the trading data we receive, leading to significant enhancements in the success rate of challenge participants on our platform at any given time.
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What is a Master Account?

A Master Account refers to any account where a trader may receive compensation based on a percentage of the simulated profits generated within the account, as determined by the payout associated with the demo account. This compensation is subject to our Terms of Use and Customer Agreement. (Note: A payout refers to compensation based on data measured by simulated profit).

Clients earn Master Accounts after successfully completing one of our evaluation programs and undergoing the necessary KYC/AML screening.

It’s important to clarify that a Master Account is entirely simulated, with real market quotes sourced from liquidity providers. Trading data is transmitted to a partnered proprietary trading firm, which has discretion over replicating trades and developing proprietary trading strategies based on the data.

Account Type and Broker Switching:
Customers cannot switch account types or brokers after executing a trade on a Master account. This policy change is crucial to prevent exploitation and uphold the integrity of our trading platform.

Please note that only Challenge accounts or Master accounts that have not yet executed a trade are eligible for switching account types or brokers. We appreciate your understanding and cooperation with these updated guidelines.

Disclaimer: Hypothetical or simulated performance results have limitations. Unlike actual performance records, simulated results do not reflect real trading. Additionally, since the trades haven’t been executed, the results may overcompensate or undercompensate for certain market factors such as liquidity. Simulated trading programs are designed with hindsight, and no guarantee is made that any account will achieve profits or losses similar to those shown.

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Buying a TTF Challenge. The Guide:

All you need to know in 5 simple steps.

Buy your TTF Challenge.

Choose the challenge you would prefer to start between goldsmith, warrior and raider, select the size it should be, and place the order. At this moment, you won’t need to select anything else!

General Info

When does the evaluation period start for my challenge?

 

The assessment period for all stages of the Goldsmith and Warrior Challenge, as well as the single-phase Raider Challenge, initiates immediately upon your first executed simulated trade.

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What’s next after successfully completing the TTF Simulated Challenge?

 

Congratulations for successfully completing The Trader Forge simulated challenge! Upon successfully passing both phases of the Goldsmith and Warrior Simulated Challenge, or the single-phase Raider Simulated Challenge, you will be notified via email confirming your success. Additionally, your dashboard will indicate your simulated challenge status as “Passed.”

To initiate the process, here are the subsequent actions you should follow:

  1. Identity Verification: Once you’ve successfully completed the challenge, head over to the ‘Profile‘ section in the Dashboard and click on the ‘Start Now’ button for KYC submission to verify your identity.
  2. Agreement Signing and Account Activation: Once your Master account is activated, you’ll find the agreement in your Dashboard. After completing the KYC verification, you can sign the agreement, which is accessible under the agreements tab on the same page. You can monitor the status of your agreements in the ‘Profile’ section. Following the signing and submission of the agreement, your account will be ready for trading within 48 hours.
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How do I receive my Certificate of Achievement?

After successfully completing a TTF Challenge and securing your Master Account, you will receive an automated email containing your Certificate of Achievement.

If you do not receive your Certificate of Achievement via email, please check your spam or junk folders. If it’s not there, you can contact our support team by scrolling to the bottom of this page.

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What is the maximum allocation of simulated accounts I can trade on?

Participants in The Trader Forge Challenges can maintain a maximum of 1.2 million in active simulated challenge accounts and a maximum of 600,000 USD in active simulated Master accounts.

To clarify, this maximum limit implies that you can only work with up to 600,000 USD in active simulated Master accounts concurrently. However, you’re allowed to have up to an additional 1.2 million in challenge accounts (including Phase-1, Phase-2, and one Phase Raider Challenge), in addition to the 600,000 USD maximum in active simulated Master accounts.

Customers have the flexibility to possess various types of Challenge accounts, but the aggregate simulated virtual funds across all these accounts must not surpass 600,000 USD.

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Countries with Limitations for Affiliates and Payouts.

Because of limitations with our payment exchange accounts, we cannot provide services, including simulated trading and affiliate services, to individuals residing in the following locations:

Cuba

Iran

North Korea

Syria

Vietnam

Malasya

Because of U.S. sanctions programs, customers from the following countries may be subject to further scrutiny, and we reserve the right to not offer services to persons subject to applicable sanctions.

United States

Lebanon

Libya

Sudan

Somalia

Russia

Crimea, Donetsk and Luhansk regions of Ukraine

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Do you copy simulated trades to live funds?

For the majority of our users, we do not replicate trades onto live accounts.

However, we reserve the option to utilize the trading strategies and data of a select few users to execute trades using TTF trading’s own accounts in real markets.

The Trader Forge is dedicated to gathering and analyzing data from a diverse range of TTF challengers. Our aim is to develop proprietary trading strategies that have the highest potential for consistent returns. Additionally, we will leverage the collected data to provide insights to our own hedge funds or private equity firms, as well as third-party entities engaged in real trading activities.

Our trading strategies are designed to mitigate risk by avoiding over-reliance on any single challenger, while still allowing individual challengers the freedom to implement their unique strategies. As our user base expands, so does the scope and depth of our data, thereby enhancing our trading algorithms and providing a more robust foundation for data-driven development. Contrary to popular belief, constructing a successful trading system is a complex process that involves extensive periods of data collection, thorough analysis, and ongoing refinement.

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Challenge and Master account Regulations

Is it possible to pass TTF Challenges with EAs?

Currently, we do not impose any limitations on the use of EAs/HFT bots to pass the challenges. However, please remember that if you were to pass your TTF challenge using EAs/HFT systems, then all the rules found in the Rules section would be applied to you. On the other hand, if you choose not to use them, only the rules regarding news, max daily loss, and max loss would remain active.

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Merging Challenge Accounts.

 

Currently, we do not facilitate account merging. Each trading account must be managed separately. However, you are encouraged to employ a trade copier across your accounts by only asking to the support via live chat or via email at support@thetraderforge.com. We may contemplate permitting merging at a later date.

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Copytrading.

 

We acknowledge the value of copy trading and have established specific guidelines in this regard. If you plan to utilize a copy trader to execute trades in your TTF account, you must be the rightful owner of the originating account, which should not be a demo account.

It is strictly prohibited to set up a copy trader using an account that does not belong to you, whether it’s owned by a friend, business partner, or any other individual. We will request verification and proof of account ownership to ensure compliance.

Please note that we do not support signal trading; trades must originate from your own account.

Failure to comply with these copy trading rules will result in account termination.

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Ways To Fail A Challenge.

 

There are a few circumstances under which you can fail the challenge or forfeit your Master account:

  1. Max Daily Loss Rule: Breaching the max daily loss rule set for your challenge account. Please review the specifics of our daily drawdown rule for a comprehensive understanding.

  2. Max Loss Rule: Breaching the max loss rule. Please familiarize yourself with the details of our overall drawdown rule for clarity.

  3. Engaging in a prohibited strategy. Please refer to the prohibited strategy section for detailed information.

  4. Inactivity: if you do not login and place a trade for 30 days or longer, your account will be deactivated and considered as breached.
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Time Limits.

The Trader Forge has no maximum trading days. You can pass even in 1 year.

Minimum Trading Days for each TTF Simulated Challenge:

Goldsmith: 3

Warrior: 3

Raider: 1

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Bots & EA’s.

At TTF we allow the use of certain Bots & EA’s however there are certain restrictions on the types of EA’s and bots that can be used.

If you decide to use HFT bots on your Master account, your account will be terminated.

Prohibited EA types:

  1. News Scalping EA’s: EAs that exist to take advantage of price fluctuations specifically during news events by executing rapid scalping trades.

  2. Arbitrage EA’s (Reverse and Latency) : EA’s that exist to capitalize on price differences between different markets or brokers, either through reverse trading or latency – related strategies.

  3. Multi-Account Reverse Trading EA: Any form of reverse mirror trading, that makes the inverse trade from one account to another.

  4. Tick Scalping: Bots that trade at extremely high speed based on tick-level price movements

  5. EA’s designed to abuse demo servers: Any EA designed to exploit a demo server environment

We highly recommend that if you plan to use an EA that it be your personal EA you have developed, not one that is available mass market. We have a strict copy trading rule, where your trades cannot match the exact trades of another trader so we recommend you make your EA as unique as possible.

Failure to abide by the above rules will result in account termination.

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Am I Trading Real Capital?

Once you successfully complete your evaluation, you’ll be working with simulated master accounts.

A Simulated Master Account represents virtual demo funds of their own demo account that Challengers may utilize, potentially earning a profit share based on a percentage of the simulated profit generated in their account, in accordance with the Profit Split associated with the simulated master account.

To clarify, a Simulated Master Account operates as a fully simulated demo account, featuring real market quotes sourced from the broker the Client chose before starting the Challenge. Trading data from these accounts is utilized by our proprietary trading firm, which may choose to copy trades and develop proprietary trading strategies based on this data.

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Rules

Max Daily Loss Rule.

Understanding how the max daily loss rule operates is crucial to avoid inadvertent challenge failures. We’ve simplified the process to make it as straightforward as possible, unlike other firms that tend to overcomplicate matters.

Your equity, floating loss, or drawdown must not exceed 6% (Goldsmith Challenge) or 5% (Warrior and Raider Challenge) of your daily balance. Please note that your account balance resets every day at 00:00 UTC. It’s important to remember that only losses are considered, without taking into account interim gains; gains do not offset losses until the reset.

Example 1:

Suppose you commence your challenge with a 100,000 simulated demo account. This implies that your equity cannot drop below 95,000.

Example 2:

If you’ve earned a simulated profit of 5,000, resulting in your demo account balance reaching 105,000, your equity or drawdown must never fall below 99,750 at any point in time.

Max Daily Loss = Account Balance x 5% (or 6%)

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Max Loss Rule.

You are restricted from losing more than 12% (Goldsmith or Raider Challenge) or 10% (Warrior Challenge) of your initial balance, yet the greater the profit in your account, the lower the risk of violating this rule.

For instance, if your Goldsmith account begins with 100,000, you will only breach this rule when the balance drops below 88,000. If you earn profits and elevate your balance to 150,000, for instance, you can sustain losses of up to 62,000 without violating the maximum loss rule. However, always remember the max daily loss rule, as breaching it can lead to losing your account or failing a challenge.

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News Rule.

Throughout all evaluation phases, you are permitted to maintain trades during news events and initiate trades at your discretion during red folder news events.

However, for your master account, any simulated profits earned from trades opened or closed within 10 minutes (5 minutes before and 5 minutes after) of a high-impact red folder news event will not be counted.

Engaging the first time in virtual trading during red folder news events within the 5-minute window before and after will incur profit deductions and warnings. These deductions will be managed upon withdrawal request.

Our reference for red folder news is Investing.com UK.

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Consistency Rule.

The consistency rule applies to your master account only if you have passed the challenge with HFT bots. Consistency in TTF is calculated based on profits, not lots.

The consistency factor is set at 33% for all the Challenges.
The consistency calculation is Total Balance at the end of the payout cycle multiplied by 0.33, and we find the maximum value of a trade. All profitable trades above this value will be deducted from the total simulated profit generated until payout.

Please refer to the Challenger Agreement to fully understand any type of examples of this rule.

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Stoploss Rule.

If you use an HFT bot during the evaluation phase, you will definitely encounter this rule within the master account. This rule requires that a stop loss be placed, with any value, within a 120-second timeframe after placing the market order (in the case of a pending trade, we consider the opening of the trade). If the challenger fails to input the stop loss, they will have 4 failures before receiving a hard breach upon confirmation of the fourth warning.

Please refer to the Challenger Agreement to fully understand any type of examples of this rule.

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Overnight and Overweekend holdings.

There are no limitations regarding the duration you can maintain a trade throughout the week. Nevertheless, it’s crucial to grasp that keeping trades open overnight will result in swap fees and may expose you to potential spread fluctuations.

You may hold trades over the weekend during the evaluation phases. You cannot hold over the weekend once you have your master account if you passed the evaluation phases with HFT bots. If you do not close your trades by market close on Friday, this will result in a hard breach and the loss of your Master account.

If you haven’t Passed with HFT bots, you can hold simulated positions during the weekend in all the challenges.

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Lot Size Rule.

After you pass the Evaluation Phases with the hft bots, we look at how much you usually trade. We find the average size. Then we say your trades should be between 0.25 and 2.0 times that average. If they’re not, you might get a warning and lose some profit. This helps keep trading safe and steady.

The calculus is:

Sum of all lots opened of all the tickets closed / number of tickets closed = average size.

bottom of lot consistency (BLC)= average size x 0.25

top of lot consistency (TLC) = average size x 2.0

BLC < Correct range of lot size < TLC

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Prohibited Strategies.

At TTF, we welcome a wide range of simulated trading practices, but we seek professional challengers who can effectively manage significant capital and mitigate risks. We prioritize individuals who approach demo simulated trading with professionalism rather than those who engage in gambling or attempt to exploit the system. Below are the practices/strategies that are not permitted.

Copy Trading: Utilizing signals, copy trading, group trading, or any similar activities resulting in identical trades from other traders is prohibited.

Reverse Trading/Group Hedging: While hedging or executing reverse trades within a single account is allowed, doing so across different accounts and owners is not permitted. Group hedging, where individuals open opposing positions across one or multiple prop firms to ensure one position always wins, will result in account bans.

Account Management Services: Purchasing account management services or allowing someone else to trade on your behalf is strictly prohibited. Sharing accounts for trading purposes is also prohibited.

IP Management: Logging into your master account with a consistent IP address is required. Any variation in IP addresses may trigger our fraud detection system, potentially resulting in account management scrutiny.

EA’s, Latency Arbitrage, and Guaranteed Limit Order Fills on News Events are strictly prohibited.

Please note that simulated trades opened for less than 2 minutes will not contribute to your profit calculation to prevent HFT-like trading activities.

Traders found engaging in the aforementioned strategies will face the risk of losing their challenges/master accounts.

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Payouts

Are you opting for the payout?

Here's what you need to know.

Can I trade when I request a withdraw?

Once you request a withdraw you must wait for the confirmation from the Payout department. Typically this can take between 6 and 72 business hours. Once you see the email of payout confirmation, it’ll be asked you to create a new demo account and send us the credentials via the Activation form in your dashboard.

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Profit Share.

Once you receive your Master account the following payout schedule applies:

First payout eligible within 21  business days of first trade.

Second and third payout within 21 business days of first trade for new trading period.

After Third payout, all withdraws eligible within 14 business days of first trade for each new trading period.

Goldsmith and Raider Profit share scales as following

Withdraw 1 = 80% Profit Share
Minimum Trading Days: 15 Trading Days

Withdraw 2 = 80%
Minimum Trading Days: 10 Trading Days

Withdraw 3 = 85%
Minimum Trading Days: 5 Trading Days

Withdraw 4 = 90%
Minimum Trading Days: 0 Trading Days

Warrior Profit share scales as following

Withdraw 1 = 70% Profit Share
Minimum Trading Days: 10 Trading Days

Withdraw 2 = 75%
Minimum Trading Days: 10 Trading Days

Withdraw 3 = 80%
Minimum Trading Days: 5 Trading Days

Withdraw 4 = 85%
Minimum Trading Days: 5 Trading Days

After you make 3 withdrawals at 8%, you graduate to our Forge Club and can now request withdrawals after 7 days / whenever you want from your first trade PLUS a 100% profit split PLUS NO more Max Daily Loss, etc…

Please note you must withdraw 100% of your profits each time you withdraw.

Please note you must have passed your challenge without HFT bots to be enrolled in the Forge Club.

Please note that the first and second profit share will be 50% if you pass it with HFT.

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How payouts are processed?

 

Payouts at The Trader Forge are executed through the partner platform Rise on riseworks.io. Upon confirmed payout, the Challenger will be asked to create a personal account on Rise using the same email provided for the order and confirmed during KYC.

Rise serves as a payment platform for contractors, offering Challengers the ability to withdraw their funds in over 190+ different ways.

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Think BIG. We went all in with this.

21% Split from the Challenge.

The Trader Forge is the only Prop Firm that offers a 21% Profit Share starting from the virtual profits obtained during the phases of the challenge. This is to incentivise our best Challengers and to keep our promise of the best Payout Bonuses in the world.

In detail:

For Goldsmith Challenge you will gain 10% from Phase I + 11% from Phase II.
For Raider Challenge you will gain 10% from Phase I only cause it’s a single-phase challenge.
Note: This bonus is added to the 2nd Payout only if you do not pass with HFT.

Example:

You start your 200k Goldsmith Challenge. Pass the Evaluation (16k simulated profit, 8%) and the Verification phase (8k simulated profit, 4%). You reach the payout and you’ll gain 1,600 USD (10%) from phase I plus 880 USD (11%) from phase II leading your Challenge Bonus to 2,480 USD.

Scaling, Salary and Forge Club

How is salary attributed?

 

To receive the bonus salary from the stage 5th and above, the challenger must follow the following rules:

  • No HFT Challenge pass: the Challenger mustn’t use HFT bots to pass the evaluation phases.
  • 1st Bonus Salary: the net payout must be at least 2% of the initial balance of the master account.
  • 2nd Bonus Salary: the net payout must be at least 3% of the initial balance of the master account.
  • 3rd+ Bonus Salary: the net payout must be at least 5% of the initial balance of the master account.
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How to enter the Forge Club?

To enter the Forge Club, the Challenger must achieve a simulated virtual profit of 8% of the initial balance for three consecutive virtual payout cycles.

Please note you must have passed your challenge without HFT bots to be enrolled in the Forge Club.

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What are the unique benefits of the Forge Club?

 

The benefits of entering the Forge Club are multiple:

  • 100% unique Profit Share
  • Luxury Rewards such as PCs, ultra-wide monitors, smartphones, travels, luxury watches and even cars
  • higher Bonus Salary
  • timeless withdrawals to withdraw whenever you want
  • NO maximum daily loss.
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What's the difference between Challenges?

Massive Scaling Overview.

Goldsmith Scaling Plan.

100k Standard Journey.

Classic Challenger Scaling Plan.

100k Goldsmith Forge Club.

Accessible only if you score a simulated profit split of 8% for 3 payout cycles consecutively.

1st Day
1st Payout Cycle
80% Profit Share
1st Day
25th Day
2nd Payout Cycle
85% Profit Share
+ 21% Split from Challenge Phases
+ Refund of the Initial Fee
25th Day
50th Day
3rd Payout Cycle
90% Profit Share
50th Day
75th Day
4th Payout Cycle
95% Profit Share
75th Day
100th Day
5th Payout Cycle
95% Profit Share
+25% Balance
+ 500.00 USD Bonus Salary
Payout cycle now takes 14 business days
100th Day
114th Day
6th Payout
95% Profit Share
+ 1000.00 USD Bonus Salary
114th Day
128th Day
7th+ Payout
95% Profit Share
+ 2000.00 USD Bonus Salary
128th Day
1st Day
1st Payout Cycle
80% Profit Share
1st Day
25th Day
2nd Payout Cycle
85% Profit Share
+ 21% Split from Challenge Phases
+ Refund of the Initial Fee
25th Day
50th Day - Entering Forge Club.
3rd Payout Cycle
90% Profit Share
50th Day - Entering Forge Club.
57th Day
4th Payout Cycle
100% Profit Share
Payout cycle now takes 7 business days
NO more Max Daily Loss
57th Day
64th Day
5th Payout Cycle
100% Profit Share
+25% Balance
+ 1,000.00 USD Bonus Salary
64th Day
71st Day
6th Payout
100% Profit Share
+ 2,000.00 USD Bonus Salary
71st Day
78th Day
7th+ Payout
100% Profit Share
+ 4,000.00 USD Bonus Salary
You can now withdraw when you want!
78th Day

Please note that the amount of days spent to reach the maximum level of best features of the Forge Club is about the half of the Standard Classic Challenger Scaling Plan.

Please note that the scaling of the Goldsmith Account, the Salary, any type of Bonuses and the acceptance into the Forge Club is determined only if the Challenger hasn’t passed their Simulated Challenge with HFT bots.

Remember that this is only an example! If you had one 300k Goldsmith Challenge, you have to multiply the bonuses x3. This means that you can have up to 6,000.00 USD in Bonus salary if you reach the proper stage.
Note that you can have a maximum of 6,000.00 USD in bonus salary at the moment; if you had a max allocation of 600k (2x300k) and you reach the bonus salary master stage, you’ll be eligible for a max bonus salary of 6,000.00 USD.

Remember that your Balance will scale of 25% every 4 months by reaching at least a 4% in total simulated profits.

We’re pleased to help you.

Have more questions?

We usually reply in 5 minutes

Find the trading rules here.

Prevision on answer: 6 Hours

The Support Agents via LIVE Chat and Email Support are active from Monday to Friday,
between 07.00 UTC and 23.00 UTC. All the Tickets are processed within these working hours.
If you need any further help, please contact us at support@thetraderforge.com

THE TRADER FORGE™

All content published and distributed by The Trader Forge, and its affiliates(collectively, the Company) is to be treated as general information only. None of the information provided by the Company or contained herein is intended as investment advice, an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any security, company, or fund, The Trader Forge does not act as or conduct services as a broker. The Trader Forge does not act as or conduct services as a custodian. People who register for our programs do so at their own volition, Purchases of programs should not be considered deposits. All program fees are used for operation costs including, but not limited to, staff, technology and other business related expenses. Nothing contained herein is a solicitation or an offer to buy or sell futures, options, or forex. Past performance is not necessarily indicative of future results. Applicable law to be under the laws of the United Kingdom.

Please note that all accounts we activate to our clients are demo accounts in a simulated trading environment.

The Trader Forge © 2024 All Rights Reserved. The Trader Forge, also known as TTF, is a brand of Unicorn Strategies Group LTD (USG).