Ftmo reddit review. com's Reddit Forex Trading Community! .

Ftmo reddit review The truth is prop firms like FTMO have a balancing act to perform. Moreover, FTMO operates with integrity, ensuring that traders are treated fairly and ethically at Welcome to FXGears. Or check it out in the app stores     TOPICS. All opinions welcome and valid without moderation. FTMO supports the three most popular trading solutions: MetaTrader 4; MetaTrader 5; cTrader; All of them are free to use with no markup to all demo trading account and virtual funds. Just some side notes: If you don't hit the 10% mark in the challenge you can get another free never pay regular price for challenges in MFF. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I see no reason to use anything either than FTMO, they have established themselves, have lots of good reviews and most importantly they have the capital to pay people and Despite it's CFD, you don't have the issues of future prop firms like contracts limitation, trailing drawdown, performance day conditions, no refund the FTMO spread is acceptable for day trading especially during NY session for indices. whatever the other prop firm will offer more discount, I prefer FTMO , more secure for Took me an average of 1. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! As automated trading has grown in popularity in recent years, so too have forex robot reviews that evaluate the claims and performance of different EAs. Which normally sit at 2-5 pips. FTMO has received overwhelmingly positive feedback on Trustpilot, with a TrustScore of 4. Moreover, they claim that FTMO payouts are quick and consistent. The difference between FTMO Account and FTMO Account Swing is that, in the second one, you can trade through news and hold trades over weekends. come talk about Ryzen, Radeon, Zen3, RDNA3, EPYC, Threadripper During the weekend that has just passed, FTMO announced their account type known as “FTMO Swing” which allows traders to trade news and hold trades through the weekend. " And here I'm the author and only user If you feel like this removal was a mistake please kindly message the mods; we will review it and get back to you. I like to swing trade in the 4 hour time frame so I’d prefer to find one that isn’t too View community ranking In the Top 1% of largest communities on Reddit. with FTMO you can get a practise account and test fills , spreads for 14 days. The reviews and testimonials are all 100% organic. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Trying to pass one of these prop firm challenges isn't easy. e. Reviews and what people say about them in the social media look good. I made a video comparing the two here. More posts you may like r/IAmA. Here are testimonials of our traders. Modifying SL & TP orders - that would be a bit more complex, and it's something I don't need: Since I am simply copying trades from Oanda to FTMO, I do all of that trade management in Oanda and just do the final close in FTMO. EVEN IF they can pass an FTMO challenge and provide you a funded account, YOU STILL NEED TO BE ABLE TO TRADE SUCCESSFULLY TO DO ANYTHING WITH THAT ACCOUNT. 8 out of 5 from over 13,000 reviews. The company has appointed Michael Kamerman, a seasoned brokerage executive, as the CEO of its new division. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly FTMO developed a unique 2-step Evaluation Process for traders. Their experiences can provide insights into the EA's effectiveness and reliability. Unfortunately, many are not quite right and many are misleading. It offers a wide range Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Since FTMO is now gone and that’s what I was planning to use, which other prop firm(USA) is legit? If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". So in my case, I reached a draw down exceeding 5%, but never an If FTMO Trader doesn’t make a change to their Reward Day before the end of a one-month cycle, the Reward Day will be anchored to the last day of that particular Reference Period, without the option to change it further in the current cycle. Posted by u/ComfortableRepublic4 - 1 vote and no comments Trading with the (FTMO) Economic Calendar. The prop firm is generally well-regarded, according to FTMO reviews Reddit users shared. to be fair, they are cheaper than FTMO and they allow trading during news events that's why i tried it out (i believe FTMO doesnt allow it once you are fully funded even for non-swing account) Please participate in other subreddits (other communities on Reddit) to increase your Comment Karma points. 1. How it works. Real-Time Monitoring: Some EA robots have real-time monitoring features, allowing you to track their performance and trades in real-time. I just wanted to know if FTMO is still worth it. there are 50 prop firms operating as of now , but no firm can match track record . the challenge cost was refunded immediately with first payout. Got to give it to FTMO. Therefore prices and spreads will be different. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Frankly, both times I’ve passed the first phase, ftmo hit me up via email for a trustpilot review. Their challenges are a bit tougher than My Forex Funds where I'm currently funded. Open comment sort As you may have seen ftmo recently announced they're bumping up profit split from 70:30 to 80:20 as a holiday treat for passing traders. FTMO is a financial platform that offers tools and resources for traders looking to improve their skills and maximize profits. Customer Service SUPER fast and responsive. as long as you don't resort to shady practises and align your trading style with them , you are good to go. I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! On my 25k FTMO Challenge it says the max daily loss is exceeded today but it never actually did, i never did at any point go into drawdown above $1,250, i had stop losses set Welcome to FXGears. Folks just It is a big NO. While you, the trader, naturally want the biggest bang for your buck, prop firms simply can't offer massive accounts at rock-bottom prices. FTMO is a top prop trading firm, scoring 83/100 and ranking sixth overall in our assessment of the best prop trading firms. Looking at the top 3 on their monthly leaderboards, this person Kasper was at like 90k by June 3, and $270k June 9. Various reviews indicate: Default Payout Ratio: By default, FTMO offers a payout ratio of 80:20, where traders receive 80% of the profits they generate. So I've been a funded trader with FTMO, which obviously means I've passed phase 1 and 2 of their challenge. FTMO enjoys a stellar reputation on Trustpilot with a rating of 4. Im currently doing the challenge myself. Add your review. I wish all these prop firm FTMO doesn’t have time limit anymore, so I would decrease risk even more, risk so little that you can easily lose 20 or more trades in a row. Now they have removed US clients access to MetaTrader and are pushing DXtrade instead. Yes people lose their account mostly by not putting any stop loss in place. So if you are up 30k TODAY you can drawdown FTMO Review. Full of bugs and constantly stuck in zoom in focus on some time frames. Contact them. Go back to the drawing board and possibly journal what went wrong. r/IAmA. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! They make it feel as if FTMO got caught napping. I was just wondering how people feel about this as these two things were the only “weaknesses” FTMO had in comparison to other prop firms. 9 stars out of 5, based on 5,535 reviews . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! By using a third-party EA, you potentially run a risk of being denied the FTMO Account if you exceed the maximum capital allocation rule. The leverage is only 1:30 instead of the usual 1:100 however it is easily compensated by trippling your lot size. Members Online. 8. None of the people that fail post anything up on reddit because there is no point, while the people that succeed (which is a tiny %) are on here having their 15 mins of fame before 99% of them inevitably lose the account which they attained through luck rather than actual trading skill. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Edit: this is my first 9 days with real money after passing the FTMO challenge / verification steps. I bought the 10k challenge and plan on working my way up to 100k and just using profits to scale up and pay for the next challenge. We paid out more than $190,000,000 to FTMO Traders and sent these payouts to more than 180 states. Unfortunately, I can’t test all the prop firms all at once, however I’d really appreciate it if you help the PropFirmTester community out by sharing your thoughts, either positive or negative. 2 on FTMO. Positive Reviews: They have positive reviews on platforms like Trustpilot and Forex Peace Army. Prop Firms Hey everyone, i started frmo about a month ago, it took me about 2 weeks to pass the first In this section, we will briefly analyze FTMO reviews on online forums like Trustpilot and Reddit. That's 2-5x larger than what's offered at alpha at the Welcome to FXGears. Written By. Basically it is 5%, or 5000 on a 100k challenge, a day and increases with your profits ON THAT DAY ONLY. According to me FTMO should be chosen because they FTMO recently blocked new and existing US clients from purchasing new challenges or trials. 5-1. FTMO is generally considered a trustworthy prop firm based on several factors: Long Track Record: Established in 2015, FTMO has a history of operating successfully and paying out traders. This Evaluation Process consists of an FTMO Challenge and a Verification and is specifically tailored to discover trading talents. FTMO Review Summary. You can see the thread about us on the most respected Forex review site - Welcome to FXGears. Competition in the space makes everyone better off! Now is the time to take advantage guys ftmo profit split update Learn how FTMO compares to other brokers. Some like corn are almost too ridiculously easy to predict and play with very low risk. As for high frequency trading (HFT) with an EA, FTMO does not specifically prohibit this type of trading, but they do have some restrictions on the use of EAs. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. I hate that FTMO doesn't integrate with TradingView and wish they had more futures to trade. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. Proprietary trading firms utilize simulated markets to train or evaluate traders. com's Reddit Forex Trading Community! however, of how badly designed the FTMO challenge is. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Wow this dxtrade platform that ftmo forced US clients into is absolutely horrible. Uhum. Sort by: Best. FTMO Reviews on Reddit. Reply reply more replies More replies More replies More replies More replies More replies The r/GolfClash subreddit is dark from June 12th-14th in support of the Reddit Blackout Protest. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! If you watch some ftmo interviews on YouTube you will easily notice how little experienced are some of the guests. Transparency: Their fees are upfront, and they explain their FTMO Performance coach. The mt5 reviews Very curious to know more about FTMO premium program for actual users, but so far I haven't been able to reach it myself. Ftmo charges no commissions with the indices which is great for me bc I’m a scalper. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! With FTMO, to get your 70% profit share, you have to invoice them, which I would do from my LLC (once I create it). The potential for account growth is however capped which is a huge negative for me. /r/AMD is community 3. com's Reddit Forex Trading Community! Here you can FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. all positive reviews are paid for also on reddit, responses are from paid accounts Reply reply Top 1% Rank by size . When The FTMO Reddit reviews are also generally positive. It has STOP LOSS 10 PIPS AND TAKE PROFIT 20 PIPS . However, account grows much quicker than FTMO, so still better than FTMO purely on the weight of account growth FTMO developed a unique 2-step Evaluation Process for traders. With FTMO, investors can trade various instruments, such as Forex, stocks, cryptocurrencies, bonds, and more. You can't open or close a position on FTMO developed a unique 2-step Evaluation Process for traders. FTMO is known for being one of the fastest-growing proprietary trading firms, providing funded trading accounts where traders receive up to 90% of the profits. FTMO is demo account and just a trading tournament with a winning edge for FTMO is legit and has been around for a while. Some love it and say you can make a lot of money with it. This is already a generous profit-sharing model compared to many other trading platforms. Using excuses like "your trading style is too risky" even though they haven't violated a single rule. 10%/month like FTMO is not realistic imo. I also was funded once but I haven't traded since last year. FTMO is an Welcome to FXGears. Each to their own - One person may see it as a 'flex' another as 'inspiration' Welcome to FXGears. You only need to pass 8% in FTMO is the most reliable prop firm for obtaining funding. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! So this how the first FTMO payout went. Prices are relatively higher than other firms but like everything, reputation comes User Reviews and Feedback: Research user reviews and testimonials from other traders who have used the EA. Here, you'll find transparent reviews, insightful strategies, and regular updates on reliable, profitable EAs. I think I read somewhere that FTMO paid out 25 million last year to traders. to be fair, ok over-leveraging. Features. Spreads: 10/10 Offers: 0/10 Training material: 5/10 Amazing post. A major draw to this firm is a very competitive profit split (up to 90/10), which has attracted top-tier investors and forex traders from all over. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. I just completed my 4th payout with FTMO today and never failed their challenges. Currently trading 200k and once I max out ftmo I'll look for others prop firms to get more AUM but until then ftmo is the way to go for me. The RNER/HUBC Fiasco-Potential Explanations Welcome to FXGears. FTMO - I’d advise anyone to use FTMO before another firm as an overall choice, simply because they’re possibly the most established and reputable firm among the industry. 9 pips away, also had the same trade on FTMO that did not get stopped and went on to take profit. Overall my experience with FTMO has been incredibly positive, thanks largely to their outstanding support. Failed the first one because I broke every rule I had I’ve been thinking about doing it but I’ve seen some mixed reviews. April 30, 2024 January 19, 2023. It was only until I decided to sit back and review all my trades that I saw that basically 70% of my trades Welcome to FXGears. Upon successful completion of the Welcome to FXGears. While you're at it, read through Reddit's "reddiquette" here. Their scaling plan of 10%/4 months is more realistic. I spent time reading through them, but found lots of random comments, making it an overall inefficient way to research FTMO. 5 months per scale up. At FTMO, we strive to provide the best services and assistance to our traders. They offer traders the opportunity to trade with capital ranging from $10,000 to $200,000, with leverage up to 1:100, and a profit retention rate of 80-90%. 25 = $390,625 Yes, from my review of the same question, I believe US persons or entities can participate on the FTMO platform. He made 100k with FTMO in a single month, the interview is on the the FTMO YouTube channel so it's definitely not fake. I get my payouts every time and have never had a problem. I am a bot, and this action was performed automatically. Among its most talented prop traders are those discovered and developed by the firm. Forex trading Robots and various Expert Advisors! FTMO really doesn't like it when you risk a lot. What do Alpha Capital Group's clients not like? The business has a good name, but it's still not as good as FTMO. after seeing the proof, I am able to recommend them over other trader scouting services. Their trustpilot reviews are similar to yours experience, so it should be obvious at this point Reply reply Units, Warrants and the best DD on Reddit. Please contact the moderators of this subreddit if you have any questions or concerns. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. Updated : September 27, 2024. They have promos every month. Introduction. No "silly discounts". 25 = $250k $250k * 1. 9 out of 5, from over 6,600 reviews FTMO is awesome. Very beautiful effort by you. FTMO themselves have refused such payouts. Except with taking a prop challenge, you can pick the day when you're ready and Guys i see to much bad news on borkers cfd like FTMO, MFF and others. Forex Training. I've seen a lot of FTMO Youtube videos interviewing some of their profitable traders who are making anywhere from maybe 5k - 50k profit split in a month. No funky gimmicks. Tiny risk and good mindset is the way to win. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Started the Ftmo challenge really well, stage 2 is a different story . I wish people FTMO Review 2024 FTMO is a prominent Forex proprietary trading firm based in the Czech Republic, renowned for its significant achievements and broad global reach. What Is FTMO? FTMO was founded in 2017 by owner Otakar Suffner with the aim of providing funded accounts to talented traders. FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. I know it's new and I normally use mt4 in conjunction with the Welcome to FXGears. Some people like to go with more trusted options. The website, dashboards etc are waaaaay above other forex prop firms, looking actually pro. Its profit split structure starts at 80% and transitions to 100% profits quicker than Bootcamp, and the additional monthly salary is a unique incentive. FTMO interviews on our Youtube Channel . TheFundedTrader community is definitely what draws me to this one, the staff are friendly and engaging and the discord community too. There seem to be quite a few users leaving negative reviews. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Profit Split and New Account . 8K subscribers in the ForexForALL community. $200k * 1. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! It took me a few weeks to get my sea legs back, but I was up 10% for April, which was my signal to try an FTMO free trial. Reply reply The firm operates on the fundamental belief that talented traders can be discovered and nurtured through systematic and rigorous testing. Similar trade on FTMO did not slip, another trade I got stopped out when the price was 0. Some FTMO isnt a scam. Daisy from Kenya. The issue here is that you see all the 'success' stories and no failure stories. 9 stars out of 5, That being said, ftmo recently made available extensions if you are close to the target and from day one even if you don't hit the target within 20 trading days you will get a retry anyway. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Especially when compared to ECN raw brokers, ftmo, CMC markets, Vantage, IG markets, ect. They've been around the longest, have the most experience, and it shows. I know FTMO offers a free 2-week demo challenge account to practice on. Which would you choose? Hey everyone, I'm a new creator in the space, aiming to document my personal journey while also providing useful and factual content relating to various firms. Of course It does move best during the US market hours. I guess the main questions are- is that the best way to do Welcome to FXGears. Gaming you don’t get any referrals etc you have to spend hours disputing and attempting to clean up Trustpilot and other review sites etc Even if you have a decent course that never needs updating you still need to spend FTMO is one of the leading firms in the forex prop trading space with over 6000 new members joining in 2020. One big difference is that ACG has a lower 8% Phase 1 goal for its prop business challenges, which makes it easier for traders to pass. I see a lot of people passing the FTMO challenge and doing their first withdrawal - very rare to see someone that is still showing their progress after 6months+. I got slipped 4. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! but maybe review your calculation on the FTMO account scaling. Rating 4. Reddit has Posted by u/uiy564896432 - 1 vote and 6 comments Welcome to FXGears. This is a testament to their exceptional service and trustworthiness in the forex trading community. For pre-PA help, check out /r/prephysicianassistant Welcome to FXGears. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. 25 = $312,500 $312,500 * 1. Anyway, I linked the two accounts to my trade copier, and the exact TL;DR: Your FTMO app shows your daily allowed DD after every new trade. And even extra 10% more for those qualifying under the scaling plan. Please review our forum rules before contributing. FTMO Review – Final Thoughts. - To be with other like-minded forex If you want to dig deeper into the customer ratings, you can read further on FTMO Reddit reviews. . Let's collectively grow and elevate our Forex experience while ensuring respect and integrity in our community. come talk about Ryzen, Radeon, Zen4, RDNA3, EPYC, Threadripper, rumors, reviews, news and more. This review covers account types, leverage, FTMO Challenge rules and more. com's Reddit Forex Trading Community! FTMO really helps learn discipline. As the title reads, I'm trying to get any feedback from anyone who's used it yet. It must’ve hit SL due to spread, I have an FTMO account and I know they’re not cheats, it’s in their best interest that you make money! FTMO and Funding Talent are the two major player in the prop firm industry. You can choose from three account types — Standard, Aggressive, and Swing — each Welcome to FXGears. I noticed that their payouts for the higher tiers is 100%. FTMO has a dashboard that lists the times that the news will be released. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! On FTMO's YouTube channel, I was watching one of the videos about the process and they said in the video that you don't need to contact them because they already know your But Lambo Raul has made a record for the highest payout from FTMO. wait for it if you wanna pursue it. in short it seems like they cheat by making you lose the money you invested to do some challenges to get an account with them (propfirm). This is the reason there is a performance coach available once per month for our FTMO Traders, completely free of charge. FTMO Review. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Try to get 2 more funded accounts on FTMO or somewhere else. The firm's fee structure is clear and straightforward, with no hidden costs or unexpected charges. /r/AMD is FTMO actually gives you $100,000 to trade with. If you are as well, you have your FTMO app that shows your daily allowed drawdown. The customer support is 24/7. INVESTING . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Check out my shared screenshots with FTMO challenge stats for a closer look at the journey to success. They have basically FTMO Review here on Reddit. The purpose of the Free Trial is to serve our new clients to see how it works and assess their trading skills to see if they have what it takes When MFF imploded , I wanted to buy a 200k FTMO account, but I decided to get 2x100k, one each with FTMO and 5%ers to spread the risk out of another implosion. It looks like a good option to the well-known FTMO. FTMO vs Smart Prop Trader review. 0. Evaluation Process ; Trading Objectives ; All Reviews . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I’ve been looking at other prop firms like FTMO, the5%ers, and true Forex funds. Kamerman brings a wealth of experience to FTMO. FTMO Reviews on Trustpilot. I guess time will tell as FTMO matures and more traders are funded. FTMO does have some downsides though the biggest being the news restrictions. 3 pips on USDJPY, no rollover no news, London session. come talk about Ryzen, Radeon, Zen3, RDNA3, EPYC, Threadripper, rumors, reviews, news and more. I decided to hold off on paying until I understand if it’s something that’ll hit FTMO would allow you 10 trades of %1 losses in a row before failing the challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Despite which of those options you pick FTMO will take 30% of your earnings. /r/AMD is Welcome to FXGears. After my comprehensive review, FTMO stands out as a top-notch proprietary trading firm FTMO official response: Hi there folks, thanks for your comments. com's Reddit Forex Trading Community! I know, personally, north of 5 traders (who don't care to post online) who have taken out 5 figure sums from FTMO thus. Hey guys, shaemless plug but heres an honest review! Especially coming from having tried multiple prop firms such as Myforexfunds and FTMO. A Pioneer in Modern Prop Trading. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I was just about to buy an FTMO challenge then I found out that MFF had been taken down. Now, my hypotesis are 3: They are really professional traders FTMO Reviews and Ratings. It has been recognized as the Technology Fast 50 Winner by Deloitte consecutively for the past four years, underscoring its rapid growth and innovative contributions to the sector. But to your point about increasing from $140K to $300K: are you seriously proposing that a reasonable person, acting prudently, would let $160,000 sit in a a non-intrest-bearing-account if there was the slightest chance they may never receive that money? I find that this stretches credulity On this community our goal is to share most latest forex trading manual and automated strategies. FTMO without second thought. This review aims to provide an in-depth look into FTMO and the opportunities it offers. Keep trading sharp! Share Add a Comment. Traders and investors from around the world are attracted to the company's very competitive profit split, How about a Free Trial? We offer a Free Trial account, which is an abridged version of an FTMO Challenge. FTMO offers greater flexibility in trading methods, including swing-based and longer-term strategies, and encourages a patient and risk-averse approach. FTMO Review ‍ FTMO processes millions of trades monthly and paid out $75 million in 2023, with an average payout processing time of just one day. Educational content as well, psychology webinars and so on. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO has been in business reliably for over 8 years as a prop and longer as a broker I believe. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Does FTMO use 3rd party registered and legitimate known brokers or are they in house broker ? ! Is simple , as traders for us to choose prop firms thats the biggest red flag Welcome to FXGears. com's Reddit Forex Trading Community! I just recently got my first FTMO challenge. trust pilot reviews and other sources will give you the opportunity to see if this company is a scam or legit. The Trading Pit's Max Trailing Drawdown (Trailing on Highest Equity) Explained (NOT GOOD) u/Ok-Progress-8486. Let me guess, you don't have a backtested working strategy, can't manage your risk, you're overleveraging, can't handle your emotions, you're bitter and blaming FTMO/others for it. Very happy with myself and my progress, especially that I started trading less than a year ago. 9 pip spread on Tokyo session is unacceptable, I get 0. In the prop trading space, FTMO is a leader - and for good reason. Reply reply Known as one of the best proprietary trading firms, FTMO lets folks trade various instruments, like forex, stocks, cryptocurrency, bonds, and more. Find out more about this broker's top features, pricing, pros and cons and regulatory information. FTMO reviews by Redditors here. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO - Normal Swing Account Customer Support: N/A - Not had to use at all. Take your time, bad losing streaks happen to everybody. Considering how low the pass rates are for the challenges and then getting a record payout makes me think he is legit. 8 - Win rate of 55-60%. Daisy from Nairobi, Kenya, has 4 years of trading experience under her belt. The max daily loss is the thing you need to watch out for. Prop Firms 1-2 days for them to review and process the invoice and payment, and another 1-2 days after the payment processes to get the FTMO, a leading prop trading firm, is expanding its reach into the retail brokerage space. The majority of FTMO reviews on Trustpilot praise the company for its fair evaluation process Welcome to FXGears. , whereas other people say FTMO, like 'all prop firms', make money through people paying for, failing, and repeating their challenge, and those who do pass are faced with such strict trading restrictions Agreed. Additionally, you need close any open positions on the pair it'll effect . Others say, with their drawdowns, say $2500 for $50k account, you basically have $2500 to trade and it’s better to save up for it. Ive been with them for 2 years. - No challenge was done in a day or a single lucky trade, all trade Why isn't there any proof of FTMO scamming people. 4. Was surprised when the transfer hit my account wasn’t expecting it, but it’s legit. "prop firms" tends to mean firms like FTMO, where you are actually trading a Get the Reddit app Scan this QR code to download the app now. Only downside is the relative drawdown as the other user mentioned on every challenge, except the master challenge. And if you almost made it this time I’m sure you could make it. Something else FTMO Trustworthiness. Maybe after with some years of experience I'd increase my risk. They have set a high standard for customer service in the trading industry, making it a pleasure to trade with them. I. professionalism ,longevity of FTMO. But FTMO Review. Please leave a FTMO review, For the ones who don't know the program: . Most recently, he led Skilling, a fast-growing FX and CFD broker, to record highs in key Read FTMO Reviews below and if you are FTMO trader who has passed the challenge please share your experiences with this prop firm. Review your trades daily and take note of your mind set at the time of Welcome to FXGears. This strategic move signals FTMO's ambition to stay ahead of the curve in the evolving online trading landscape. I have traded at FTMO Trial failed one but passed twice. Spreads are ok but i trade small lots so. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hey, I know im late to this but I've read quite a lot of The rules are better than FTMO. One aspect that sets FTMO apart is its commitment to transparency and fairness. I Am A, where the mundane becomes fascinating and the outrageous Welcome to FXGears. My experiences during both the challenge and the live account phases have been excellent. I also read some reviews on TrustPilot and it seems like the Daily drawdown is one of the main reasons why traders fail the FTMO challenge. This blog post will introduce you to economic releases and how you can leverage them to make informed trading decisions. A place for all to talk about Forex. Most people only lose the challenge because of too much risk and therefore the mindset takes a hit. These reviews analyze key metrics like profitability, drawdown, win rates, ease of use, and costs to provide an unbiased assessment of a robot's strengths and weaknesses. This Reddit post is mostly an invitation to leave your own unbiased City Traders Imperium review. On However I’m not sure if FXify or FTMO is better; here’s a breakdown: For the same 200k account, no time limit, 90/10 split, monthly payout - FTMO: cost $1387 90/10 split not available at the start first payout is some time after passing (not on demand) FTMO has specific rules and guidelines for trading in their Challenge and Verification phases, and it is recommended that you review these rules before starting your trading. Economic releases can be powerful tools for traders, offering valuable insights into market movements. If you believe this was a mistake, please kindly message Funding Pips offers a user-friendly and accessible entry process for novice traders, while FTMO has a more stringent review procedure and profit targets. To answer the question “Is FTMO Legit?” users have pointed to the fact that FTMO offers you significant capital to trade on, with no financial risk once funded. I have come along way! Please share your experience with trading or even FTMO :) FTMO challenge's fees might seem steep at first glance, especially for prop trader hopefuls eyeing the larger account sizes. com, a trading forum run by professional traders. It trades RR 1:2 Daily EURUSD ,GBPUSD ,USDJPY , USDCAD. Updated : September 26, 2024. For example, if a trader starts trading on the 1st of April, the first Reward Day will be available on If you’re trading with Ftmo it’s pointless to check instrument prices on TradingView as they don’t have FTMO listed as a broker. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! In a weird way, when I treat my FTMO accounts and personal account (connected with social trader tools) like demo accounts, I stop caring so much that it messes me up. 🔎 Broker details 👍 Most Helpful Reviews ⭐ Recent When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. For now this is the end of my journey with FTMO as those who have been following my progress know I develop an algo in the MQL language. I've made 4 withdrawals since May. Traders have shared FTMO has an average customer rating of 4. FTMO offers a range of features that make it a popular choice for traders seeking funded trading accounts. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! It seems like FTMO and MFF treat their businesses like a casino while the 5%ers looks like they want long term traders. If you desire to search out more FTMO complaints, Reddit reviews are usually a FTMO enjoys a stellar reputation on Trustpilot with a rating of 4. FTMO's Premium Program rewards successful In a challenge at the moment with them i took 2 days ago. Do my statements make sense? If yes, why would anyone not go for a swing account? I felt ready, and started my first ever FTMO challenge on Monday gone, ended up making 9% this week and I am around €70 from the profit target of €1000. I don't think you're going to deny that an 85% winrate with a 10:1 average RRR for a profit factor of 61 is unsustainable. FTMO is a leading Modern Prop Trading firm founded in 2015 and based in Prague. In this FTMO review, I’m taking an in-depth look at the firm, a leading proprietary trading company that has gained widespread popularity among traders around the world. Then some of these firms, including FTMO, will literally blackmail them (seriously I'm not joking) and imply that if you don't say anything online we may let you keep your accounts or give you a Welcome to FXGears. They don’t use EightCap like many do, and systems have always been stable in terms of execution speeds, slippage etc. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Please share your FTMO Trading experiences and Payout. Upon successful completion of the Evaluation Process, you are offered to trade on a demo FTMO Account with a balance of up to 200,000 USD. Welcome to FXGears. The FTMO head office is in the Czech Republic, while that of The 5%ers is in Israel. FTMO’s model is very innovative though once having passed the Challenge and Verification test phases and having become eligible to participate on the FTMO platform, the so-called FTMO ‘trader’ basically just plays an electronic game of simulated trading with virtual Welcome to FXGears. To pass challenges FTMO, FUNDEDNEXT or any prop firms. The5ers encourage consistency, that’s why they give 6 months-1 year for the trial period, and no time limit once you are funded. "At FTMO - daily draw downs are equal to losses. There's a real mix of opinions out there, some people say FTMO is a great company to trade for as you get to keep a generous portion of the profits and get good leverage, spreads etc. A Veteran Joins the Ranks. This will be the closest thing to a real FTMO and The 5%ers, both established during similar times (2015 for FTMO and 2016 for The 5%ers), are two of the most well-known forex prop firms or funding programs currently. It has a team of experienced professionals, advanced training programs, and a proven track record of success. Written Welcome to FXGears. You need to study for it, practice, take notes and review them, learn with friends if you can and only try to take the test when you absolutely feel like you're ready. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. hwffpjl bnpyob dqekl uoth yjpsm arxr cwtyg msgw plqys icfo