Ftmo review reddit. A place for all to talk about Forex.

Ftmo review reddit Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. 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. 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. 8 out of 5 from over 13,000 reviews. 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). Now, my hypotesis are 3: They are really professional traders Welcome to FXGears. FTMO themselves have refused such payouts. The mt5 reviews FTMO really doesn't like it when you risk a lot. Find out more about this broker's top features, pricing, pros and cons and regulatory information. 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+. FTMO enjoys a stellar reputation on Trustpilot with a rating of 4. Hey guys, shaemless plug but heres an honest review! Especially coming from having tried multiple prop firms such as Myforexfunds and FTMO. /r/AMD is community Welcome to FXGears. FTMO Review. 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. Most recently, he led Skilling, a fast-growing FX and CFD broker, to record highs in key Took me an average of 1. The leverage is only 1:30 instead of the usual 1:100 however it is easily compensated by trippling your lot size. 10%/month like FTMO is not realistic imo. Each to their own - One person may see it as a 'flex' another as 'inspiration' At the moment we have 5 reviews from Traders about FTMO. FTMO has paid out over $130M in profits to traders on their platform in over 180 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. Yes, from my review of the same question, I believe US persons or entities can participate on the FTMO platform. Similar trade on FTMO did not slip, another trade I got stopped out when the price was 0. If you believe this was a mistake, please kindly message 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. Im currently doing the challenge myself. What do Alpha Capital Group's clients not like? The business has a good name, but it's still not as good as FTMO. 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 In the prop trading space, FTMO is a leader - and for good reason. FTMO is an excellent proprietary trading firm for forex traders. How it works. 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. I seriously doubt that this is 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. 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. FTMO reviews by Redditors here. So in my case, I reached a draw down exceeding 5%, but never an 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. FTMO offers greater flexibility in trading methods, including swing-based and longer-term strategies, and encourages a patient and risk-averse approach. 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. We don't have the greatest choices here stateside compared to those living in Europe. FTMO has received overwhelmingly positive feedback on Trustpilot, with a TrustScore of 4. 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. Upon successful completion of the 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) Welcome to FXGears. Posted by u/uiy564896432 - 1 vote and 6 comments FTMO would allow you 10 trades of %1 losses in a row before failing the challenge. And even extra 10% more for those qualifying under the scaling plan. with FTMO you can get a practise account and test fills , spreads for 14 days. On a star scale of 1 to 5, this results in an average rating of 4, which can be classified as positive. . Full of bugs and constantly stuck in zoom in focus on some time frames. However, account grows much quicker than FTMO, so still better than FTMO purely on the weight of account growth Welcome to FXGears. 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. TheFundedTrader community is definitely what draws me to this one, the staff are friendly and engaging and the discord community too. Was surprised when the transfer hit my account wasn’t expecting it, but it’s legit. Folks just FTMO is awesome. Anyway, I linked the two accounts to my trade copier, and the exact same trades have resulted in +4. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! never pay regular price for challenges in MFF. The potential for account growth is however capped which is a huge negative for me. However, FTMO’s aggregate rating falls to a 4. 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. Moreover, they claim that FTMO payouts are quick and consistent. 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. 5% with the 5%ers, all due to the spreads. The reviews and testimonials are all 100% organic. If you’re really determined then plan on trying out the challenge X number of times until you FTMO is one of the leading firms in the forex prop trading space with over 6000 new members joining in 2020. 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. I know it's new and I normally use mt4 in conjunction with the FTMO Reviews and Ratings. It might bea good idea for traders to read the FTMO reviews here on Reddit, to see whether others had issues with FTMO. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. No funky gimmicks. r/IAmA. FTMO actually gives you $100,000 to trade with. 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. 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 recently blocked new and existing US clients from purchasing new challenges or trials. INVESTING . Got to give it to FTMO. 3 pips on USDJPY, no rollover no news, London session. 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. 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. FTMO is a top prop trading firm, scoring 83/100 and ranking sixth overall in our assessment of the best prop trading firms. Sort by: Best. Here, you'll find transparent reviews, insightful strategies, and regular updates on reliable, profitable EAs. Real-Time Monitoring: Some EA robots have real-time monitoring features, allowing you to track their performance and trades in real-time. Please leave a FTMO review, For the ones who don't know the program: . Tiny risk and good mindset is the way to win. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. 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. "At FTMO - daily draw downs are equal to losses. com's Reddit Forex Trading Community! I just recently got my first FTMO challenge. 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 FTMO without second thought. /r/AMD is Welcome to FXGears. I guess time will tell as FTMO matures and more traders are funded. Written By. Prices are relatively higher than other firms but like everything, reputation comes Welcome to FXGears. wait for it if you wanna pursue it. The FTMO Challenge rules and Verification process are well-documented and Welcome to FXGears. 4. 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 Reviews on Trustpilot. Do my statements make sense? If yes, why would anyone not go for a swing account? FTMO Reviews on Reddit. The max In a challenge at the moment with them i took 2 days ago. I wish all these prop firm FTMO developed a unique 2-step Evaluation Process for traders. Traders and investors from around the world are attracted to the company's very competitive profit split, Welcome to FXGears. Proprietary trading firms utilize simulated markets to train or Welcome to FXGears. But Lambo Raul has made a record for the highest payout from FTMO. 2 on FTMO. 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. 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. I’ve been thinking about doing it but I’ve seen some mixed reviews. 5-1. Details. 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. I've made 4 withdrawals since May. 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. https://canadianfuturestrader. I have come along way! Please share your experience with trading or even FTMO :) User Reviews and Feedback: Research user reviews and testimonials from other traders who have used the EA. Maybe after with some years of experience I'd increase my risk. Some The issue here is that you see all the 'success' stories and no failure stories. Their scaling plan of 10%/4 months is more realistic. 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. I wish people FTMO Review. 9 stars out of 5, based on 5,535 reviews . Reply reply 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. While you're at it, read through Reddit's "reddiquette" here. However, continuing to give FTMO 10% of my profits and more importantly the data they collect over time with all my trades is reason enough for me to move on. 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. to be fair, ok over-leveraging. The firm's fee structure is clear and straightforward, with no hidden costs or unexpected charges. after seeing the proof, I am able to recommend them over other trader scouting services. Spreads: 10/10 Offers: 0/10 Training material: 5/10 Amazing post. 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. There seem to be quite a few users leaving negative reviews. I made a video comparing the two here. Some love it and say you can make a lot of money with it. Prop Firms Hey everyone, i started frmo about a month ago, it took me about 2 weeks to pass the first Welcome to FXGears. io (didn't work) and several DEFI projects like bridges and swaps. Take your time, bad losing streaks happen to everybody. The founders want to keep FTMO headquartered in the Czech Republic. It trades RR 1:2 Daily EURUSD ,GBPUSD ,USDJPY , USDCAD. Get the Reddit app Scan this QR code to download the app now. 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. 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 FTMO, a leading prop trading firm, is expanding its reach into the retail brokerage space. Or check it out in the app stores     TOPICS. 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. The prop firm is generally well-regarded, according to FTMO reviews Reddit users shared. Customer Service FTMO is legit and has been around for a while. What Is FTMO? FTMO was founded in 2017 by owner Otakar Suffner with the aim of providing funded accounts to talented traders. - No challenge was done in a day or a single lucky trade, all trade I got slipped 4. Add your review. Forex Training. No "silly discounts". 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. For pre-PA help, check out /r/prephysicianassistant 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. 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 Why isn't there any proof of FTMO scamming people. A Pioneer in Modern Prop Trading. The company has appointed Michael Kamerman, a seasoned brokerage executive, as the CEO of its new division. A Veteran Joins the Ranks. You only need to pass 8% in FTMO provided an invoice for taxation purposes, which was very convenient. This Evaluation Process consists of an FTMO Challenge and a Verification and is specifically tailored to discover trading talents. 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! Reviews. The trading conditions are excellent, with minimal slippage. This will be the closest thing to a real 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. com's Reddit Forex Trading Community! however, of how badly designed the FTMO challenge is. FTMO Review – Final Thoughts. View community ranking In the Top 1% of largest communities on Reddit. 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. As the title reads, I'm trying to get any feedback from anyone who's used it yet. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. In 2022, FTMO had revenues of 4 billion CZK and EBITDA profit of 1. He made 100k with FTMO in a single month, the interview is on the the FTMO YouTube channel so it's definitely not fake. Some like corn are almost too ridiculously easy to predict and play with very low risk. Keep trading sharp! Share Add a Comment. 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 TL;DR: Your FTMO app shows your daily allowed DD after every new trade. 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. Evaluation Process ; Trading Objectives ; All Reviews . On 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. The5ers encourage consistency, that’s why they give 6 months-1 year for the trial Its profit split structure starts at 80% and transitions to 100% profits quicker than Bootcamp, and the additional monthly salary is a unique incentive. Their trustpilot reviews are similar to yours experience, so it should be obvious at this point Reply reply Units, Warrants 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. This is already a generous profit-sharing model compared to many other trading platforms. They don’t use EightCap like many do, and systems have always been stable in terms of execution speeds, slippage etc. Hilarious. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I see that FTMO still exists and now they allow crypto alts trading (xrpusd etc) which is nice! It has been temporarily removed so a moderator can review and make sure it FTMO official response: Hi there folks, thanks for your comments. Reply reply In this section, we will briefly analyze FTMO reviews on online forums like Trustpilot and Reddit. Basically it is 5%, or 5000 on a 100k challenge, a day and increases with your profits ON THAT DAY ONLY. Established: 2017: Contact: support@ftmo. Considering how low the pass rates are for the challenges and then getting a record payout makes me think he is legit. 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. Competition in the space makes everyone better off! Now is the time to take advantage guys ftmo profit split update 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. While large position sizes and high trading frequency may seem appealing, FTMO provides examples showing that a more conservative approach with smaller positions and less frequent trades can actually lead to better overall results for the trader. , 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 To pass challenges FTMO, FUNDEDNEXT or any prop firms. 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. All opinions welcome and valid without moderation. Ive been with them for 2 years. Moreover, FTMO operates with integrity, ensuring that traders are treated fairly and ethically at Welcome to FXGears. Economic releases can be powerful tools for traders, offering valuable insights into market movements. This review covers account types, leverage, FTMO Challenge rules and more. FTMO is a leading Modern Prop Trading firm founded in 2015 and based in Prague. 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 noticed that their payouts for the higher tiers is 100%. come talk about Ryzen, Radeon, Zen4, RDNA3, EPYC, Threadripper, rumors, reviews, news and more. For example, if a trader starts trading on the 1st of April, the first Reward Day will be available on 3. Which normally sit at 2-5 pips. Learn how FTMO compares to other brokers. For anyone looking to safeguard their financial interests, don't miss out on this essential information. Please contact the moderators of this subreddit if you have any questions or concerns. Features. /r/AMD is Very beautiful effort by you. A place for all to talk about Forex. You can see the thread about us on the most respected Forex review site - 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. 8 - Win rate of 55-60%. Traders have shared This FTMO review guides you through the FTMO Challenge, including the signup process, member dashboard and trading platforms. If you haven't already proven your ability to profit consistently, just think of it as a premium simulator. Trading with the (FTMO) Economic Calendar. - To be with other like-minded forex Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. Now they have removed US clients access to MetaTrader and are pushing DXtrade instead. FTMO has also started acquiring other trading firms like Quantlane. I get my payouts every time and have never had a problem. Welcome to FXGears. With FTMO, investors can trade various instruments, such as Forex, stocks, cryptocurrencies, bonds, and more. 9 pip spread on Tokyo session is unacceptable, I get 0. 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. I Am A, where the mundane becomes fascinating and the outrageous If you feel like this removal was a mistake please kindly message the mods; we will review it and get back to you. It offers a wide range of assets, including forex, indices, commodities, stocks, and cryptocurrencies. Kamerman brings a wealth of experience to FTMO. Ftmo charges no commissions with the indices which is great for me bc I’m a scalper. FTMO has a dashboard that lists the times that the news will be released. 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. Using excuses like "your trading style is too risky" even though they haven't violated a single rule. Posted by u/ComfortableRepublic4 - 1 vote and no comments Funding Pips offers a user-friendly and accessible entry process for novice traders, while FTMO has a more stringent review procedure and profit targets. Live futures data, realistic executions, free platform license, and the psychology of having real money at Welcome to FXGears. 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 just completed my 4th payout with FTMO today and never failed their challenges. 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. 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 reviews online in which they people say ftmo is a scam and they are only profitable from failed challenges. all positive reviews are paid for also on reddit, responses are from paid accounts Reply reply Top 1% Rank by size . 8 billion CZK. I think I read somewhere that FTMO paid out 25 million last year to traders. 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 Very curious to know more about FTMO premium program for actual users, but so far I haven't been able to reach it myself. Forex trading Robots and various Expert Advisors! Welcome to FXGears. Something else FTMO and Funding Talent are the two major player in the prop firm industry. Their customer support The FTMO Reddit reviews are also generally positive. 0. 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. 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. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. This strategic move signals FTMO's ambition to stay ahead of the curve in the evolving online trading landscape. Uhum. FTMO's 70/30. Unfortunately, many are not quite right and many are misleading. The website, dashboards etc are waaaaay above other forex prop firms, looking actually pro. whatever the other prop firm will offer more discount, I prefer FTMO , more secure for 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. It has STOP LOSS 10 PIPS AND TAKE PROFIT 20 PIPS . 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. Check out our FTMO Review here on Reddit. Please review our forum rules before contributing. Very happy with myself and my progress, especially that I started trading less than a year ago. And if you almost made it this time I’m sure you could make it. I hate that FTMO doesn't integrate with TradingView and wish they had more futures to trade. 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 Find out the truth about FTMO Broker and the indisputable facts. Several of these reviews are clearly written by those not Welcome to FXGears. I am a bot, and this action was performed automatically. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO isnt a scam. 1% with FTMO and +4. They have basically 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. This blog post will introduce you to economic releases and how you can leverage them to make informed trading decisions. come talk about Ryzen, Radeon, Zen3, RDNA3, EPYC, Threadripper The founders aim to continue improving the educational aspects of the platform. tldr: everything is perfect and even better than expected (based on experiences with other exchanges) My experiences before: Binance (expensive withdrawals), Bitpanda, Kraken (nice), Huobi (immediately stopped using them), Gate. Let's collectively grow and elevate our Forex experience while ensuring respect and integrity in our community. When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. Default Payout Ratio: By default, FTMO offers a payout ratio of 80:20, where traders receive 80% of the profits they generate. 8. Reviews and what people say about them in the social media look good. 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. What sets FTMO apart is its reliability, extensive suite On this community our goal is to share most latest forex trading manual and automated strategies. Except with taking a prop challenge, you can pick the day when you're ready and If you want to dig deeper into the customer ratings, you can read further on FTMO Reddit reviews. The truth is prop firms like FTMO have a balancing act to perform. FTMO offers a range of features that make it a popular choice for traders seeking funded trading accounts. 4 due to some negative reviews. 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. professionalism ,longevity of FTMO. Of course It does move best during the US market hours. the challenge cost was refunded immediately with first payout. 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. Written There are only 27 FTMO reviews on Google, most of which give a full five stars. FTMO Review Summary. as long as you don't resort to shady practises and align your trading style with them , you are good to go. This is a testament to their exceptional service and trustworthiness in the forex trading community. The Trading Pit's Max Trailing Drawdown (Trailing on Highest Equity) Explained (NOT GOOD) u/Ok-Progress-8486. We examine the reliability of FTMO Broker in this FTMO review, offering insightful analysis and essential data to support your decision-making about investments. According to me FTMO should be chosen because they We paid out more than $190,000,000 to FTMO Traders and sent these payouts to more than 180 states. Just some side notes: If you don't hit the 10% mark in the challenge you can get another free Welcome to FXGears. If you are as well, you have your FTMO app that shows your daily allowed drawdown. "prop firms" tends to mean firms like FTMO, where you are actually trading a Welcome to FXGears. 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%. You can't open or close a position on The rules are better than FTMO. FTMO Review here on Reddit. More posts you may like r/IAmA. Looking at the top 3 on their monthly leaderboards, this person Kasper was at like 90k by June 3, and $270k June 9. We also take a closer look at the evaluation process, trading Can FTMO be trusted? FTMO is a popular prop company. I spent time reading through them, but found lots of random comments, making it an overall inefficient way to research FTMO. 9 pips away, also had the same trade on FTMO that did not get stopped and went on to take profit. 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? 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. 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. FTMO developed a unique 2-step Evaluation Process for traders. com, a trading forum run by professional traders. I know FTMO offers a free 2-week demo challenge account to practice on. Is that Additionally, you need close any open positions on the pair it'll effect . Their challenges are a bit tougher than My Forex Funds where I'm currently funded. I decided to hold off on paying until I understand if it’s something that’ll hit Welcome to FXGears. 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 just wanted to MEXC has listed our favorite Token (Moons!), now here's a short review. ca/ has reviews and videos and discounts. After my comprehensive review, FTMO stands out as a top-notch proprietary trading firm Guys i see to much bad news on borkers cfd like FTMO, MFF and others. Some people like to go with more trusted options. I also was funded once but I haven't traded since last year. Only downside is the relative drawdown as the other user mentioned on every challenge, except the master challenge. Their experiences can provide insights into the EA's effectiveness and reliability. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. FTMO’s profit share is 80% which can scale up to 90% for Welcome to FXGears. Updated : September 26, 2024. This review aims to provide an in-depth look into FTMO and the opportunities it offers. FTMO's Premium Program rewards successful FTMO developed a unique 2-step Evaluation Process for traders. It looks like a good option to the well-known FTMO. 5 months per scale up. You can choose from three account types — Standard, Aggressive, and Swing — each with specific parameters to suit various risk preferences. So if you are up 30k TODAY you can drawdown The spreads with FTMO are insanely small and no regulated US brokers come close to them. Go back to the drawing board and possibly journal what went wrong. come talk about Ryzen, Radeon, Zen3, RDNA3, EPYC, Threadripper, rumors, reviews, news and more. there are 50 prop firms operating as of now , but no firm can match track record . Various reviews indicate: One aspect that sets FTMO apart is its commitment to transparency and fairness. I like to swing trade in the 4 hour time frame so I’d prefer to find one that isn’t too Welcome to FXGears. trust pilot reviews and other sources I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. I have traded at FTMO Trial failed one but passed twice. com, +44 2033222983 Welcome to FXGears. Reddit has So I've been a funded trader with FTMO, which obviously means I've passed phase 1 and 2 of their challenge. Among its most talented prop traders are those discovered and developed by the firm. Of the reviews, 100% are positive and 0% negative. 8K subscribers in the ForexForALL community. The majority of FTMO reviews on Trustpilot praise the company for its fair evaluation process If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! "Please note that Free Trials don’t give you any eligibility to automatically secure your FTMO Account. FTMO challenge's fees might seem steep at first glance, especially for prop trader hopefuls eyeing the larger account sizes. 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. " Still need to pay 155 Euro. Agreed. 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. Updated : September 27, 2024. They have promos every month. Yes people lose their account mostly by not putting any stop loss in place. 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. Here are testimonials of our traders. 🔎 Broker details 👍 Most Helpful Reviews ⭐ Recent User Reviews Questions & Answers . In this review, we will explain what you need to know about its safety and regulation before opening an account. FTMO does have some downsides though the biggest being the news restrictions. 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 Read FTMO Reviews below and if you are FTMO trader who has passed the challenge please share your experiences with this prop firm. 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! The firm operates on the fundamental belief that talented traders can be discovered and nurtured through systematic and rigorous testing. com's Reddit Forex Trading Community! FTMO really helps learn discipline. 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. The FTMO head office is in the Czech Republic, while that of The 5%ers is in Israel. They've been around the longest, have the most experience, and it shows. FTMO interviews on Welcome to FXGears. FTMO vs Smart Prop Trader review. 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 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. That's 2-5x larger than what's offered at alpha at the 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. 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! It seems like FTMO and MFF treat their businesses like a casino while the 5%ers looks like they want long term traders. Most people only lose the challenge because of too much risk and therefore the mindset takes a hit. Open comment sort 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. eues fdp ucak djrp ahbwkte memq jhdhb cle cwfq opn