Best ftmo payouts reddit. Deel and Propfirms (Payouts temporarily paused).

Best ftmo payouts reddit If you are really want Rayner teo is on YouTube and has very good videos explaining basics without all the guru "do this to get your Lambo!!!"' I ordered his book on technical analysis from his website. Learn from one of our youngest traders What is the realistic earning potential with a $100,000 funded account through FTMO? Can you break down the possible monthly profits, taking into Would you trust a company running out of the Czech Republic to consistently pay out long term? You can search for FTMO interviews on YouTube and watch several videos of people who FTMO Amazing Prop Firm, 5 stars for sure! I honestly need to give a 5 stars review, giving that this is my first Prop Firm Challenge and Payout. Due to regulatory reasons, bank transfers Now over 3 years later, I see that FTMO still exists and now they allow crypto alts trading (xrpusd etc) which is nice! I wanna hear from anyone that has been trading on a live account for a few For the most xp, legendary bounties and $$$-bounties are the best. Our goal is So today I failed my FTMO challenge. The drawdown adjusts to your highest equity and doesnt adjust down if you are in drawdown. For swing trading Lux or Scan this QR code to download the app now. FTMO recently blocked new and existing US clients from purchasing new challenges or trials. Proprietary trading firms utilize simulated markets to train or evaluate traders. Will update regarding payouts but from what I saw both MFF and FTMO seem reliable with good payouts. A community to discuss your latest forex trades, tips, rumors, and advice. Tradeable assets include Forex, cryptos, commodities, Read a full comparison between FTMO vs FundedNext prop firms. 80. FTMO gets its server quotes from a 3rd Party meaning that they don’t have control over liquidity or spread which means they aren’t operating as a broker. Hey guys. I know some people who can easily make 50-70% return each month. It’s sort of like win win for them, good traders they want them to copy trade and make money off their trades, shit traders they want them too, keep the cash flow going. 34 votes, 48 comments. In the beginning of 2024, we interviewed our FTMO Trader Juan from Costa Rica. I will look for sensible system of trading. I passed my $200k FTMO challenge a while back and am close to payout. 56. Still just my word tho. Be the first to comment One of the objectives is "Best day below 30% of total profits made" On my first day in the 50k combine i was - $1010 and ended the day at $48,989. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also 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 This question is specifically for people who know about UK tax and prop firm trading. Our goal is I passed my $200k FTMO challenge a while back and am close to payout. Features 8. I honestly couldn’t give a good reason why i decided to go the route of trying to flip accounts and avoiding prop firms. I’m currently doing an FTMO challenge and I have a question about crypto contract sizes. You"ll need a good risk management (speaking from experience , blew my 5k account), a good mentor and/or invest in Apex is a good prop firm imo and easy to pass and payouts are very simple. Easy to be good on a demo account without the real emotion of loosing and wining money. If you 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 Paper trading and live trading , big difference for the psychology. Additionally, you need close any open positions on the pair it'll effect . Ok so this may be something covered here already however just for my own sake I’m going to ask: What are FTMO’s first withdrawal requirements? After passing both phases of the account challenge what are the requirements to actually receive your first payout and how long True that they keep you on sim longer than you think. Savings: Get a 10% There are others like TopStepFX and Fivers. Anybody Someone trading with FTMO would not be allowed to go below $9,500 for having -$200 in unrealized losses still open from the previous day because 5% of $10,000 is $500 and $500 I've done FTMO successfully a couple of times, it is doable with systematic approach with a bit of luck and "cheating": wait for a good dip in your system's equity curve before starting a So I've been a funded trader with FTMO, which obviously means I've passed phase 1 and 2 of their challenge. The allure is there. View community ranking In the Top 20% of largest communities on Reddit. 10 minute missions are the best on paper, but afking through a 30 minute legendary bounty at 5 stars will give you almost Just remember less than 10% of people pass their challenges, and if that about 2% actually take any profits whatsoever ¯(ツ)/¯ if you’re rocking through even 10 challenges for one payout that MIGHT get you to break even it is an indication this is probably a waste of your time. 0. The ONLY thing that kept me going was remembering how good it felt to have money to do and get what I wanted for the betterment of myself. FTMO take their little slice right off the top from payouts. Contact customer support and get this info directly from them. New comments cannot be posted. r/Forex. i like that maximum drawdown is 12 percent on mff and cheaper too. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. in reality people will say ftmo is superior, i think u dont have to leave ftmo and can have both of them at once. For forex pairs, the contract size is 100,000 which is And you can trade with FTMO as you are not sending your currency outside in return for foreign currency. org Reddit Forex_trades community. 8 - Win rate of 55-60%. 7 and 2. Today i finished my first phase of my 100k Challenge. I haven’t heard many bad things about FTMO. It's up to the broker you use with that prop firm if they scam you or not. Probably after your first challenge my strategy will sound more relatable to you. and that's it. Idk, we'll see, but it's definitely a unique offer. The answer is yes! Yes you can make money but theres also a loosing side. FTMO has grown rapidly, with now over 194,000 I just passed my FTMO challenge, I was just curious what the payouts are like. Prop Firm Score. 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. There is a staggering number of people out there that I want to compound a real account with these returns. I can say FTMO is totally legit. The FTMO Reddit reviews are also generally positive. MT4, MT5, Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. Articles, links, etc are all welcome. On the other hand I got funded for 25K in Funding talent too in lsat week. Be critical, research, and trust your gut. I'll be going in myself soon. Anyone that has used it can you tell me how the payouts were and if you had any difficulties with them in any way. I’m currently using Maven, and have received payouts I’m currently using my forex funds now. Payouts should be on-demand -and allowed 1 payout per day (assuming you made a profit that day) as that is what it is with a regular brokerage account with real money--you can send a A lot of traders have been able to make a good living by trading full-time thanks to FTMO. If you have a 200k I know ftmo has a payout date for profits. I use to always go for 1:10 RR type of strategies; constantly losing and then getting that one big trade i think was pumping dopamine into my brain so much i just wanted that not to actually know how to trade. Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. I was told it may not be the best choice if you are a scalper. Will update regarding payouts but from what I saw both MFF and FTMO One of the objectives is "Best day below 30% of total profits made" On my first day in the 50k combine i was - $1010 and ended the day at $48,989. If I was doing a FTMO or MFF challenge I would probable risk no more than 1% and the 5%ers would be . /FTMO Evaluation US s. Stop fucking with these rando fly-by-night firms that are designed to 'bait' people with initial favorable terms, then 'switch' when you meet or exceed those terms. Trading Platforms. FTMO - Good Scaling Plan. Thanks for everyones help in finding a good prop firm. FTMO is it's own broker, I've asked that recently and that's what they replied. The only viable solutions IMO is either accepting the risk and trade on unregulated broker (it's not all shit), or find a CFD prop firm (the least bad are FTMO, the5ers, the Trading Pit, Funded As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. r. Remember to take it once you have an experience and well built system. FTMO They aren't going to risk their entire business to screw a few people once in a while. Spreads are extremely tight and great for executions on lower time frames, however i did notice that I experienced more slippage entering/exiting trades in comparison to FTMO, and True that they keep you on sim longer than you think. More posts you may like r/Forex. I am so hyped and a post like this motivates me FTMO is the most trusted, if theres anyone you should watch out for with payments would be funding talent. M1 lets you earn, invest, spend, and borrow all on one financial platform. I have 2 questions: 1- When have you received your account after passing the challenge? 2- When do I As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. It has been around 6 months since i got the funded account from FTMO. It seems their goal is to have traders fail the challenge. 83. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. G. I just passed phase 1 with TFT, fairly good conditions, nothing out of the ordinary. 256/2004 Coll. title. 5%-1% is better for long run, Actually I was doing well in the two phases but in the FTMO account I wasn’t myself when I look to my FTMO is by far the most established prop firm of all of them and if you want reliability and one with a good reputation, then FTMO is for you. Members Online. These platforms provide access to live market Have a friend who uses FTMO, has been for the last 4 or 5 months. FTMO has a dashboard that lists the times that the news will be released. Any help is greatly appreciated! Honestly, if your going into it with a (get rich quick) minset you will definitely loose. Guys great news for ftmo funded traders 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. I think a lot of people don't realize that many of the traders that pass the challenge fail to make their first withdrawal because they fall off after getting funded. com Visa Card — the world’s most widely available crypto card, Action Movies & Series; Animated Movies & Series; Comedy Movies & Series; Crime, Mystery, & Thriller Movies & Series; Documentary Movies & Series; Drama Movies & Series 22 votes, 24 comments. Deel and Propfirms (Payouts temporarily paused). com's Reddit Forex Trading Community! Warrants and the best DD on Reddit. Average Spread. 1%-3% max but I think 0. If I was doing a FTMO or Free Challenge: Earn a free FTMO challenge at the same size as your current account. Ok so this may be something covered here already however just for my own sake I’m going to ask: What are 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 I'm a swing trader looking for a funded challenge, FTMO seems the most legit, but I'm not too sure if it's appropriate for swing traders? I hold trades generally for 2-3 days (average 1-2 trades per FTMO has carefully calculated and set up targets which are unrealistic, high chance for even a good trader to fail, to make 10% in 20 trading days (1 month) you are forced to open larger lot Scan this QR code to download the app now. I will diversify my trades. You’ll surely get your profit share if you uphold the rules. The two-step challenges are relatively easy to pass. Recently, some top brokers have been trying to compete with prop 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 Delayed payouts I’ve seen many firms delay payouts like fundingpips 7+ days and poor customer support -Firms in legal trouble Funding engineer . Never heard of Funding talent /LMAO/. 5-1. you could try getting 100k each from 4,5 top firms too , like 100k each from FTMO,Funding pips,5ers,CTI. Just passed the evaluation challenge 1 and gonna start challenge 2 next year. So i've been profitably trading for a few months now but was looking into getting a funded account with Just wanting to know what various things are like on FTMO such as : Spread : order fills : payouts : challenge difficulty : customer support And anything else you guys think I might need to know Man thats the exact reason why I'm changing my payouts to crypto. They're handling my account now and take another 40%. Also, when your funded you trade on a live account Welcome to FXGears. SPACs and options- experiences? On-Demand Payouts: FTMO Traders can request payouts on demand, and these can be processed after just 14 days. If you make money with FTMO, you can show it in your income tax as market consultancy fees. just know that dont go for 1-step and read the site FAQ to understand how the 1-step drawdown rule works. 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. The highest single payout was over $1 million, though the average is $4,000. It is totally up to you whether which platform you choose. They didn't return the fees after Around 10% of traders pass FTMO's verification challenges. Mff is way better its cheaper, better execution, less slippage, and the customer service is good. Looking at the top 3 on their monthly leaderboards, this person Kasper was at like 90k by June 3, and $270k June 9. Right now I'm on my second day at I noticed that their payouts for the higher tiers is 100%. A $100k or $200k (demo) account is already sizable, I don’t see a need to pad the account beyond maybe 10%, just as a buffer against the max loss (not max daily which is always there regardless of account size). Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. Everything so far has been great, whenever I would have a question there would always be 4. Their support team is responsive, and payouts are consistent once you meet the profit targets. I backtest a lot on TradingView, and also analyse on TradingView before looking to take a trade on MT5. Consistent payouts, no problems. But I’m still questioning if ftmo would do a full payout on such high profit. Programs, instruments, reviews, platforms, leverage, and much more. I 34 votes, 48 comments. FTMO and pay cheque And are the payouts all in order? I'm doing some research on the internet, and most people 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 I get my payouts every time and have never had a problem. Most likely the man is just a 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 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 Funding talent, they basically offer everything as ftmo but instead of making 10% and 5% for challenge and verification, you only need to make 8 and 4 while the max and daily drawdown Posted by u/Disastrous_Corgi3620 - 3 votes and 15 comments 875 subscribers in the ForexCracked community. Best way to deal with such firms is make profit till max 0% commission window As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. This makes me think they are actually looking consistently profitable traders that know how to manage risk. It is often best known for its trader workstation, API's, and low margins. 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. 5-1% Good luck to you! 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. o. FTMO. I think MFF might’ve gotten away with this if they were operating in a country who’s a little more lax with regulations. This quick access to earnings ensures that traders have control over their finances. Then, there's the other service I used to pass the challenge. 5%-1% is better for long run, Actually I was doing well in the two phases but in the FTMO account I wasn’t myself when I look to my entries back then i says WTF why did i took that trade whats the reason for the entry, I was just want to make money fast, Greed blinded my insight now, I believe revenge/over Trading has a huge 23 votes, 99 comments. I’ve got nothing against MFF but I’ve heard slippage might be an issue. If you did some napkin math you would find out that With FTMO, to get your 70% profit share, you have to invoice them, which I would do from my LLC (once I create it). FTMO provides a structured platform for traders to prove their skills and access funded accounts. Users appreciate FTMO’s clear rules and reliable payouts. Faking payouts getting sued by providers. Welcome to FXGears. Ftmo looks to be the best fit for me. S. I personally scalp 10 to 20 pips per trade and only do 2 to 3 trades a day. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. I am training myself since months to get the ftmo challenge. Good traders with excellent risk 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 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. Now is the time to take advantage guys ftmo profit split update. It operates the largest electronic trading platform in the U. The company brokers stocks, options, futures, EFPs, futures options, forex, bonds, and funds. Or check it out in the app stores As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. I am risking 1% per trade of 100k balance, and based on the graph, it shows profitability with drawdowns of 2. Right now I'm on my second day at $50, 261 giving me a profit for the day of $1272 The rule isn't very clear on how the " Best day below 30% of total profits made". Going through my FTMO challenge right now. Be critical, you can't overtrade ir take high risk like you trade your own money. always let your initial capital come from firms which are considered tough like FTMO,5ers,CTI. you can't overtrade ir take high risk like you trade your own money. Obviously selling currency back into another currency is never taxed (Real currency trading). Seems the only ones making money are the prop firms from the monthly fees they charge all the guys coming from social media with the promise of easy money and the guys making the actual YouTube videos about how easy it is to trade the markets. Essentially, you need to keep 5% profit in your live account so your account doesnt close down. Edit: Also you can now One thing these firms should change is the changing the payouts to daily. I can see why they're expensive and honestly they are the best in my opinion. 8. FTMO has been reliable throughout my journey. I’m planning to use profits from ftmo to fund and build up my personal account. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. Or check it out in the app stores A lot of traders have been able to make a good living by trading full-time thanks to FTMO. Reply reply Top 1% Rank by size . I've done FTMO successfully a couple of times, it is doable with systematic approach with a bit of luck and "cheating": wait for a good dip in your system's equity curve before starting a challenge - you get higher probability of hitting your target within 30 days starting in a dip. Thus, during our time on the market we have been able to create more than 138,000 FTMO Accounts for our FTMO Discover the strategies of our top FTMO Traders! Explore the trading approaches of our most successful individuals, including a trader who has earned over half a million USD on his FTMO Accounts. Even though FTMO Traders trade with fictitious capital only, they are entitled to obtain a reward in the form of real money if they can generate “profit” on an FTMO Account. I don't give a damn WHAT anybody says, money changes a LOT of things and solves a LOT of problems, from hunger to safe housing. FTMO is one of the most recognized and established prop firms in the industry. Slippage. Traders do need to keep in mind that the delay is most likely not with with the prop firm but with the banking system or the crypt network. Payouts always come and yes the delay is a thing. It's like the people that care about the leverage allowed with CFD "brokers". Just take care of one thing that FTMO does not allow you to hold positions over the weekend. I know if I do it good Here, my life in forex trading can be even better. Anyone who says all prop firms are a scam just can’t manage risk for nothing, I’ve passed more prop firm challenges than I can count and have received a hefty amount of payouts from several different firms. com is the best place to buy, sell, and pay with crypto. It was free FTMO has been reliable throughout my journey. FTMO Free Trial. I can see why they're expensive and The prop firms make A LOT of money from people blowing account after account to cover the payouts of the really good traders who get payouts after payouts on a bimonthly level. I am long on dollar pairs, I will be short euros. 😀 A $200K, $100K and even the smaller accounts offer a lot of buying power to trade with. Work with them openly since you'll be dealing with them a lot in future when you pass FTMO Reviews on Reddit. Ftmo is more expensive and the spread would widen during normal market hours and it kept hitting my sl. That being said. Work with them openly since you'll be dealing with them a lot in future when you pass Anyone know about the bank transfer option, it says "Bank Transfer (wise)" Does this mean I need to have a wise account to receive the funds and then send to my bank account myself I want to compound a real account with these returns. I also like trading news. Now my question is are you able to lets say buy 8 accounts and hedge them all to pass both steps of the challenge, for example we buy 4 Not at all. I learned to trade Hello OP, im on my way to becoming funded as well. I guess the main questions are- is that the best way to do this, should I just hire a CPA (suggestions?), and are any of you trading for FTMO/how are you paying your taxes (if you are US based)? The best ones don't advertise like you'd expect because it's all self selection first and foremost, then whatever their particular flavor of rules or requirements. This is where things get interesting. It’s always a good idea to thoroughly research and compare different options before making a decision. As long as you keep the challenge fee money aside, you can retake it again if you happen to lose it. Yes, the supposed account size doesn't matter because you have to trade the account based on the drawdown limit. Welcome to /r/Netherlands! Only English should be used for posts and comments. In this case. Yes it sucks, and yes you should have good risk management skills to mitigate the risk of it happening, but I found that caring too much usually leads to messing the account up. Ive only had one bad fill with mff and it was my fault from trying to get 30 lots filled on sp500 right before cpi release a couple months ago. I’m wondering will I have to pay tax on ftmo profits, then fund my account and pay tax again after making profit on personal account? What could I do so I can not pay/minimise the tax on ftmo so I can use the capital to build up my personal account. 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. 20 and 90/10 is not unreasonable payouts when you can attract people from around the EA & HFTS should be avoided, especially those prop firms that allow them. I will get better funded. The research i came up with states that you should have a micro company in France. Great spreads, no slippage whatsoever. At a certain point it just feels like a game. Ourinterest. The prop firm will control the account at the What payment methods are available? You can pay for an FTMO Challenge via bank wire transfer, debit/credit card, cryptocurrencies, or Skrill. (im not really articulating this well. Hey Guys, just passed a demo challenge in 5 days on FTMO, so happy! I'm not selling anything, not selling my EA, not selling Good part is that you receive profit split since phase 2 of challange and when you pay the fee you have to choose: to get another chance in case you fail first time or to double your account in . so plan is to get fully funded in Funding Talent first. Those who are really skilled and experienced can make very good money through FTMO without risking their own capital. For me and many others it worked best to eliminate that 30 days of daily pressure of continuous wins and losses and to trade one single trade that you really really like. by number of daily average revenue trades. Help me add to this list please Locked post. View community ranking In the Top 1% of largest communities on Reddit. This is because as part of the ftmo contract agreement that you sign when you have an account, you are providing a service to the company and thus they then pay you for I just passed my FTMO challenge, I was just curious what the payouts are like. Crypto. - No challenge was done in a day or a single lucky trade, all trade has clear risk and SL. 09%, the profit factors are 3. Seeing a lot of videos lately of people passing FTMO challenges on Youtube. On my funded account is strictly trade 0. funding pips is good too,just like plenty of new age firms , but there is no prop firm that matches FTMO in the industry as of now. More affordable, better fills, spreads dont widen to hit my sl, customer is good, and ive gotten over 10 payouts so far. com serves over 80 million customers today, with the world’s fastest growing crypto app, along with the Crypto. 22 pips + commission. The information on Posted by u/Jazzlike-Owl-244 - 1 vote and 1 comment FTMO is double the price and slightly harder but I should be able to pass that as-well just wondering if any of you guys use any or both prop firms and what you would recommend. I could see I was trading in a emotional state and felt very isolated. Until recently I didn't even know banks (like physical, fiat money banks down the street) could literally block your account If your trading forex, then id stick with the established prop firms who have been in the game for years like FTMO and 5ers. Sorry to be the bearer of bad news but FTMO traders who pass the challenge are trading on a demo account with fictitious funds. Learn from one of our youngest traders and uncover the secrets behind achieving 15 consecutive payouts. Or check it out in the app stores Best prop firms with proven payouts . But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. With Apex, I got my first payout then my second payout then I had two payouts that I asked for at once, they said, I flipped, I never traded a micro, always a mini, then they said, flipping was because I was in the Trade for a couple seconds, I usually look for 20 ticks, which is five points, really does it take more than one or two seconds Trading NQ which we all know is extremely I noticed that their payouts for the higher tiers is 100%. which is strange because why would a successful trader waste time making ridiculous videos about FX. 80% profitl split and biweekly payouts maked FT better than FTMO. 4% max. So far my eyes are on 5ers, FTMO, funded trading plus. For this paragraph to take effect, both conditions have to be fulfilled. Seems the best strategy is to take profits when you can in order to not see those profits turned into demo money. Don't forget to sign up to spy on our champions. Has anyone ever encountered problems after passing the Yes, the supposed account size doesn't matter because you have to trade the account based on the drawdown limit. I took 1 first and get it pretty quick. Funded traders receive up to 90% of profits. Then, there's the The best ones don't advertise like you'd expect because it's all self selection first and foremost, then whatever their particular flavor of rules or requirements. 15 payouts in a row. If you have $1000, that's the exact same as having a $10,000 FTMO account; if you lose $1000 on an FTMO account of that size, they close your account. Ive had over 10 payouts with mff and 0 with ftmo. There is a staggering number of people out there that sign up for prop firms, fail, sign up again, fail again, over and over and over. FTMO Evaluation Global s. 22 votes, 24 comments. Our goal is It was still a good trade and it made good money but Jesus Christ ftmo are taking the piss. Or maybe you have a success story you’d like to share. - Each challenge was View community ranking In the Top 1% of largest communities on Reddit. it's different They aren't going to risk their entire business to screw a few people once in a while. FTMO Challenge . FTMO has stopped taking Indian clients though but there are other firms you can Hello, good day everyone. It's far more likely during the night you picked your phone off the nightstand and made the trades. FTMO is one of the fastest growing proprietary trading firms with funded trading accounts. Looking through the trades since I triggered the challenge to start. 5/10 It’s sort of like win win for them, good traders they want them to copy trade and make money off their trades, shit traders they want them too, keep the cash flow going. But I believe most of the bad It has been around 6 months since i got the funded account from FTMO. Since FTMO is now gone and that’s what I was planning to use, which other prop firm(USA) is legit? I know how they work and I understand the business model but I’m wondering if there’s anybody on here that’s funded 50-100k and has received payouts? Thank you A place to discuss forex strategy, ideas, analysis, and concepts. I looked over the new features today and they seem like a legit way of pushing traders to look more toward the longterm since you have a pretty good track record to qualify. My FTMO Reviews on Reddit. 32% and 4. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video Just to give you a bit of insight into my approach, I primarily use Fibonacci retracement, which I apply by placing it at the highest and lowest points of the last genuine market structure. Posted by u/the_real_new_guy - 1 vote and 11 comments Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. Just like any trading, it's important to stick to FTMO and The 5%ers are my two top choices at this time. Purchasing the challenge is fine as it is a one way transaction. Share Add a Comment. Actual Fx Broker here, forex profits are tax dependent on what kind of trading you do. does not provide any of the investment services listed in the Capital Market Undertakings Act No. Ive seen more bs with ftmo than a cow farm. Anybody Spreads are extremely tight and great for executions on lower time frames, however i did notice that I experienced more slippage entering/exiting trades in comparison to FTMO, and Find the best prop firm based on challenges, fees, trading platforms and profit split. never happens on mff. So, if, 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 Welcome to Ourinterest. I’ve sometimes gotten stopped out of trades just for price to go my direction afterwards, because TV and the FTMO server/broker didnt align too well. Meanwhile, several traders have emphasized the importance of risk management and patience when trading with FTMO. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. or some that profit a little , they don't send info to Posted by u/dghostman_1980 - 6 votes and 6 comments It is an opportunity to retail knowledge. There are better firms like FTMO that have a better reputation. I am risking 1% per trade of 100k balance, and based on the graph, it shows profitability with drawdowns of View community ranking In the Top 20% of largest communities on Reddit. and the institution behind copy the ftmo profit trader is 3-5/10 of 1%. Best way to deal with such firms is make profit till max 0% commission window i think ftmo has better spreads, i like mff due to being bias as my first prop firm. Now my question is are you able to lets say buy 8 accounts and hedge them all to pass both steps of the challenge, for example we buy 4 ftmo and 4 from 5%ers? im aware some prop FTMO Evaluation Global s. FTMO supports If it's your FIRST prop firm, stick with the FIRST and the BEST - FTMO. Damn you reply quick, I’m glad to see you care so deeply 💪🏾the way I see it I’m already 100k up in payouts over the last 4 months or so, and got a decent job paying £40k a year in my early 20s so if I do somehow fuck my FTMO account I can always take another challenge The ONLY thing that kept me going was remembering how good it felt to have money to do and get what I wanted for the betterment of myself. I am planning to get the $100K challenge but I kinda want to hear any recent good and bad feedback from actual passers. I traded the demo account on FTMO with 40k for 2 weeks and reached 20% and also passed all the rules, for me its time for a real challenge. true. It's because of the past experience, prop firms like FCFF and Blue Guardian. Just like any trading, it's important to stick to your strategies and risk management. Honestly for me its not worth all the rules they have, I’d rather just Good afternoon Traders! I have successfully passed my $100K FTMO challenge. Hey Guys, just passed a demo challenge in 5 days on FTMO, so happy! I'm not selling anything, not selling my EA, not selling What is also really interesting is that the challenges are easier to pass. FTMO has carefully calculated and set up targets which are unrealistic, high chance for even a good trader to fail, to make 10% in 20 trading days (1 month) you are forced to open larger lot sizes to meet the target but when you do if market goes the other way only a little bit you end up failing the challenge because of the 5% daily drawdown rule, odds are basically against you, Just to pitch in to this, the reason this wouldn't apply to ftmo or any prop trading firm is it is liable to income tax. Posted by u/ThePonderer84 - 2 votes and 12 comments If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. Keeping appropriate Explore the trading approaches of our most successful individuals, including a trader who has earned over half a million USD on his FTMO Accounts. 100K Funded Traders who are able to generate 3% in a month will already receive a Get the Reddit app Scan this QR code to download the app now. So I've been a funded trader with FTMO, which obviously means I've passed phase 1 and 2 of their challenge. Users appreciate Only the registered users can see the full leaderboard in their Client Area. They are all the same with different rules, just whatever suits you best. So deel has temporarily stopped processing payments for most View community ranking In the Top 1% of largest communities on Reddit. 100K Man, I always found with ftmo that my stops always got triggered a little extra in loss and my TPs never ever got slippage in my direction. Traders have shared their decent experiences with the prop trading firm. Yeah ftmo and mff are suitable mainly for scalpers and daytraders. M1 is made for those looking to build their wealth using powerful automation and topflight rates. They are known for their rigorous evaluation process but also for their timely payouts We’ll go into great detail on FTMO payout stystem in this article, including topics like how to cash out on your earnings, potential conditions on payouts, and tactical ideas to maximize your Long story short, I want to aim for a €40,000 challenge next year and wanted to ask you what your experiences are with FTMO and what you can possibly give me tips along the way. They were the one leading the industry for a few 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 If you hit big payouts they get rid of you for breaking their rules. 59 respectively. Then took 2 in the same time, spent little bit longer. the rest, is like a dummy who happy , got certificate yay. - To be with other like-minded forex I’m currently using my forex funds now. Then the new month you start with your initial balance which is 300k. After your first payout with FTMO you basically are playing with house money. 5. The problem is it adds up tons of taxes on your final 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 FTMO Trustworthiness. I know ftmo has a payout date for profits. On top of that, they have retarded rules like not being allowed to open or close positions during news events. Now they have removed US clients access to MetaTrader and are pushing DXtrade instead. Funding talent, they basically offer everything as ftmo but instead of making 10% and 5% for challenge and verification, you only need to make 8 and 4 while the max and daily drawdown remains the same. With Apex, I got my first payout then my second payout then I had two payouts that I asked for at once, they said, I flipped, I never traded a micro, always a mini, then they said, flipping was View community ranking In the Top 1% of largest communities on Reddit. You're basically paying them for the privilege of trading with rules. L I like what ftmo is doing. I can't find the stats on how many traders have been funded for the year 2020 in FTMO. I’ve heard of other prop firms being late/other difficulties. org hosts and mods the community and is a Contact customer support and get this info directly from them. I think FTMO is actually in the clear. Stop being cheap. I’ve heard many complaints about Funding Pips. I’d like to know what you guys think of it. FTMO is a good option from what I've learned from other traders, but I've not personally used them. 8% target with 12% max drawdown, compared to 10-10 with ftmo. It reads very confusing, but it doesn't forbid news trading or opening trades 2 hours or less before the market closing. 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 FTMO has guaranteed payouts. I know some people who can easily make 50-70% return each Hi guys. They call it overleveraging, which is funny because they offer 100x leverage on top of a huge account. If you are really want to go for Funding talent then you should research it in detail. I get to pocket the last 40%. Even your first couple payouts are likely on sim, just paid out of their cash reserves. yqj biojuy jjvbh fifb wyh upuo djmd quoqtczx jrlqwn mrshzyb