Ftmo reviews reddit free

• Ftmo reviews reddit free. so far, most stable has been FTMO. Mate, if you re-read my response, you'll see I covered your exact position as probably the only reason anyone would use this service. With FTMO, investors can trade various instruments, such as Forex, stocks, cryptocurrencies, bonds, and more. yes. I think they only make money through selling bots and alerts. 377K subscribers in the Forex community. Note - please do not ask the mods about specific products or recommendations. Licensing will now include options for 6-month, 1-year, and Lifetime Updates. Among its most talented prop traders are those discovered and developed by the firm. there are 50 prop firms operating as of now , but no firm can match track record . Apr 28, 2024 · They acknowledge the pros and cons of FTMO and give suggestions for improvement. I think I read somewhere that FTMO paid out 25 million last year to traders. FTMO actually gives you $100,000 to trade with. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. Let’s see what FTMO traders are saying about this prop firm! Positive Reviews 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. 9 stars on TrustPilot, making it one of the best-rated prop firms on the market. I personally trade with them, but you have a tight margin of error to work with. I wish people would give honest reviews instead of peddling. You have to be profitable to be able to make money on their The awful truth about FTMO : r/Forex Ok i meant $5k max daily loss. Thank you for the feedback I will definitely have a look at his YouTube channel and I do already know some of the basics on supply and demand , I have been watching another channel called Dave teaches and although his videos are long his strategy he uses look so simple and he trades with supply and demand as well as mitigation and imbalance on the 1m and 15m and from what I have seen from his That's true. Using more pairs without robust testing could M1 lets you earn, invest, spend, and borrow all on one financial platform. Filter 1 and 2 stars and watch only the negative reviews, those are the real reviews, the 5 stars are traders that got forced to review after their payout, some companies (i can guarantee for FTMO) force you to leave a good review 1 week after your payout, and the other 99% of reviews are bough. 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. Feel free to post anything regarding lightsabers, be it a sink tube or a camera flashgun. 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. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. I started back in March of this year. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. Feel free to discuss remedies, research, technologies, hair transplants, hair systems, living with hair loss, cosmetic concealments, whether to "take the plunge" and shave your head, and how your treatment progress or shaved head or hairstyle looks. Welcome to FXGears. 1. The company offers an evaluation process to select qualified traders, funding programs, risk management tools, professional support, educational resources, and a thriving community of traders. 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. May 10, 2024 · FTMO Review 2024 (FTMO Challenge): Prop Forex Firm I have just bought an FTMO challenge and I got my FTMO challenge login credentials from the clients panel. com - Trustpilot Free Challenge: Earn a free FTMO challenge at the same size as your current account. 5 days ago · FTMO reviews: Is it a legit or scam prop firm? Jan 19, 2023 · FTMO Review. the split is about 80/20 i think? but you have a pass a test to show you can trade well enough to grow an account without losing more than a percentage of the account. they are more expensive but they are one of the few that still offer payment to bank transfer. We offer a Free Trial account, which is an abridged version of an FTMO Challenge. Deloitte doesn't hand that shit out like candy because their own brand's credibility is on the line when they do. These platforms provide access to live market data, enabling traders to practice their strategies, test new methods, or familiarize themselves with trading tools and platforms in a risk-free setting. Idk if you guys have read the actual lawsuit. The reviews and testimonials are all 100% organic. What do Alpha Capital Group's clients not like? The business has a good name, but it's still not as good as FTMO. Just some side notes: If you don't hit the 10% mark in the challenge you can get another free challenge attempt as long as you adhered to the other conditions and closed with a profit. com, a trading forum run by professional traders. FTMO recently blocked new and existing US clients from purchasing new challenges or trials. FTMO is a prop firm where you can get a funded account to trade. I guess that's where personal preference comes in because I'm perfectly fine with risking 0. 58 votes, 46 comments. Rigorously tested on EURUSD and GBPUSD, ADAM is specialized for these pairs. At that point the account is risk free. If you pass the FTMO free trial, you could have a better chance of passing the FTMO Challenge. FTMO has 5 stars! Check out what 13,174 people have written so far, and share your own experience. FTMO has 4. If you have any questions, feel free to let us know. Rating. The max daily loss is the thing you need to watch out for. Oct 13, 2023 · Free trials; FTMO Cons. | Read 81-100 Reviews out of 9,085 if you are good enough to pass these challenges and get a payout you really don't need to use one of these companies. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. FTMO | Modern Forex Prop Trading Firm & Funding Challenge 23 votes, 93 comments. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. Here’s a list of all instruments supported by FTMO and SurgeTrader. FTMO Suspending New US Accounts : r/Forex Feb 9, 2021 · So, who are the FTMO? Headquartered in Prague, Czech Republic, the fund was established in 2015 on the now-defunct website, Ziskejucet. When you finally learn how to trade consistently and generate profits, the sky is the limit. Trying too hard and studying too hard has diminishing returns and is counterproductive. 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. It is if you have good discipline and have a strategy good enough to pass the challenge, and make it long enough to get your refund. Step 1 - FTMO Challenge Tried Topstep and failed miserable for 2 years. Feb 20, 2024 · Overview. You can see the thread about us on the most respected Forex review site - Forex Peace Army and see for yourself. Read our full in-depth FTMO review and compare it to other Forex brokers before deciding if FTMO has the features you are looking for in a Forex broker. The free trial is optional. This Evaluation Process consists of an FTMO Challenge and a Verification and is specifically tailored to discover trading talents. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. We would like to show you a description here but the site won’t allow us. professionalism ,longevity of FTMO. With its varied funding challenges, innovative tools like Account MetriX and Mentor App, and a wealth of educational resources, FTMO offers a comprehensive platform for traders seeking to maximize their potential. true. Hello, good day everyone. The rules for the Challenge Passing help you handle risk management better. Posted by u/the_real_new_guy - 1 vote and 11 comments Unpacking ADAM for FTMO 4 EA’s Features Exclusive Focus on FTMO and Select Prop Firms. 2023 update: we have revived /r/LightsaberBST for vendors who wish to post items for I did not contact support. Congratulations! You’ve hit more than the target profit in 2 days and with only 7 trades! Great feat! Shows that waiting for your perfect setup and being disciplined while waiting is the key. 25% per trade with Mentfx since they have unlimited time per challenge, as opposed to 2% per trade with FTMO's 30 day limit. I am a bot, and this action was performed automatically. Trade safe! i was naive ! After a deep dive I'm considering the5ers Additionally, you need close any open positions on the pair it'll effect . The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. Feb 1, 2024 · This FTMO review guides you through the FTMO Challenge, including the signup process, member dashboard, trading platforms, challenge rules, free trial and fees. - No challenge was done in a day or a single lucky trade, all trade has clear risk and SL. Savings: Get a 10% discount on all future FTMO purchases. Looking at the top 3 on their monthly leaderboards, this person Kasper was at like 90k by June 3, and $270k June 9. Except with taking a prop challenge, you can pick the day when you're ready and if a lot of props removed a time limit, then even better. FTMO does have some downsides though the biggest being the news restrictions. 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 account is ready for the next step. Upon successful completion of the Evaluation Process, you are offered to trade on an FTMO Account with a balance of up to 200,000 USD. i believe this became an issue earlier this year and they had to change their business model a bit. Payouts to my bank are within 2 business days. Here are my findings: WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. This is a great way to test yourself and see where you stand as a trader. With more than 10,000 traders worldwide, they have the great profit splits, an unblemished record of making payouts on time, and one of the best overall reputations in the industry. cz. Now they have removed US clients access to MetaTrader and are pushing DXtrade instead. I am so hyped and a post like this motivates me a lot. It uses parameters tailored for the $100K FTMO challenge. April 30, 2024 January 19, 2023. 5-1. May 7, 2024 · FTMO’s Evaluation Program provides traders the opportunity to manage account sizes ranging from $10,000 up to $200,000. But for the challenge, they're faced with the same problem as before. once you pass they give you the acct, and from then you grow the account and get paid from it. FTMO is legit, and I assume they have a lot of very successful traders. There seem to be quite a few users leaving negative reviews. I'm a little biased though because I also trade bitcoin in addition to forex and the MFF's crypto spreads are horrendously garbage imo. How about a Free Trial? Read Customer Service Reviews of ftmo. This review covers account types, leverage, FTMO Challenge rules and more. - To be with other like-minded forex traders. No, not at all. com - Trustpilot are the people that pass your ftmo challenge legit? : r/Forex What are the pros and cons of FTMO? : r/Forex Who here is using Funded Trading Plus? : r/Forex We would like to show you a description here but the site won’t allow us. 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). 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 to pass an FTMO Challenge and Verification. From STL renders to finished products, from hilts to accessories, it can be discussed here. If I was trading a 2M account, I'd be up $360,000. I learned a lot in the past months, backtested a lot every fucking day mate. I've done challenges on both and I personally prefer FTMO. The leverage is only 1:30 instead of the usual 1:100 however it is easily compensated by trippling your lot size. The problem isn't prop firms or regulations. What Is FTMO? FTMO was founded in 2017 by owner Otakar Suffner with the aim of providing funded accounts to talented traders. For instance, you are completely free to embrace whatever style of trading you’re comfortable with. They also advise potential traders to do their own research, practice their strategies, and follow the rules before joining FTMO. FTMO is arguably the most popular proprietary trading firm in the world. 8 - Win rate of 55-60%. We will review your case and get back to you. 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. Nov 7, 2023 · So that you know, the price of the FTMO Robot will increase from next Monday (13th of November). FTMO Free Trial The issue here is that you see all the 'success' stories and no failure stories. But my point still stands, if you want to trade properly you dont want your drawdown to reach anywhere near that $5k, let alone the $10k since you'll just be putting all your eggs in one basket. 1%-0. For prop firms, these simulated markets serve as training grounds where aspiring traders can showcase their skills and potential profitability FTMO without second thought. Mar 4, 2024 · In the prop trading space, FTMO is a leader - and for good reason. Let's say I make 1. All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. Swing traders can go through a multi-month drawdown even with a profitable strategy, b Please participate in other subreddits (other communities on Reddit) to increase your Comment Karma points. 4. Literally. I just waited until it came. No complaints except the challenges are difficult and time consuming. 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. It's a huge improvement for day traders at least. You need solid trades and mostly wins if you don't want to risk losing the account (I have lost 1 account total). Definitely do the free demo challenge at least a couple times before a regular challenge. I have downloaded the cTrader from the FTMO website and I tried to login with the login credentials from my FTMO account but it failed. I took the next 5 months off. The rules are better than FTMO. FTMO is reputable. I’ve been with them for a year. ADAM is optimized for trusted prop firms like FTMO. When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. While you're at it, read through Reddit's "reddiquette" here. If you believe this was a mistake, please kindly message the mods. This is a testament to their exceptional service and trustworthiness in the forex trading community. FTMO has 5 stars! Check out what 13,246 people have written so far, and share your own experience. MFF and especially FTMO are golden. Do you agree with FTMO's TrustScore? Voice your opinion today and hear what 13,380 customers have already said. Should I STAY AWAY FROM MYFOREXFUND! They are worse the TFF I had the same issue with MFF executing my trade far from my entry, once I adapt and figure this out, they change again and start slipping stop losses /whiles making sure you never make more than your take profit. Tested Currency Pairs. Nov 28, 2023 · Wrapping up this FTMO review, it’s clear to me that FTMO stands out as one of the best forex prop trading firms available today. And there are props that deal live money accounts on A-book brokers, with no equity-based drawdow, and no maximum time Yeah, the only reason I can think of is that MetaTrader is a free platform. Despite which of those options you pick FTMO will take 30% of your earnings. All purchases of the robot before the 13th of Nov will include Lifetime Updates. Aug 18, 2023 · FTMO Reviews and Ratings. It was founded in 2015, earlier than SurgeTrader which was founded in 2021 and is 3 years old. 5% monthly, if I was trading a personal 50K account, I'd be up $9000 EOY. FTMO enjoys a stellar reputation on Trustpilot with a rating of 4. Country blocked - FTMO Country blocked Aug 14, 2023 · FTMO is a leading forex trading platform that provides traders with the tools and support they need to succeed in the markets. FTMO has a dashboard that lists the times that the news will be released. Plus, TV earns ad revenue from pop-up ads on its free Posted by u/_iron_wolf_1996 - 5 votes and 17 comments Which is the best Prop Firm? : r/Daytrading FTMO is 9 years old. There's no such thing as a prop firm that isn't a scam, because they show you numbers that you don't actually have. com's Reddit Forex Trading Community! Here you can converse about… 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. I hate that FTMO doesn't integrate with TradingView and wish they had more futures to trade. Some like corn are almost too ridiculously easy to predict and play with very low risk. Various reviews indicate: FTMO official response: Hi there folks, thanks for your comments. I mention all the other stuff, because there's a lot of people out there who think that just getting a funded account will solve all their problems, and I want to make it very clear that it will not. The real question is do YOU have a consistent and profitable method? That is the real question. -Share FUNNY Trading If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. M1 is made for those looking to build their wealth using powerful automation and topflight rates. FTMO has won international awards from fucking DELOITTE for 3 or 4 years straight. You can't open or close a position on certain pairs 2 minutes before or after a news release comes out that effects those pairs. 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. FTMO's 70/30. It looks like a good option to the well-known FTMO. On my FTMO account under credentials with the login ID and password it also says platform DXtrade. The problem was that mff was the their own "liquidity provider" so they manipulated the slippage and messed around with where and when the trades get executed. Trading View offers a free service, but many people subscribe to one of its paid monthly services to take advantage of back-testing and other perks. The idea, however, was conceived a year prior by a bunch of young day traders in the ‘City of a Hundred Spires,’ although the official co-founders are Otakar Suffner (CEO) and Marek Vasicek (CTO). Sep 29, 2021 · FTMO is one of the leading firms in the forex prop trading space with over 6000 new members joining in 2020. 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. Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. In 3 months I was down over 10%. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. FTMO developed a unique 2-step Evaluation Process for traders. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). | Read 41-60 Reviews out of 9,043 Sorry OP but that's a dumb question. 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. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. Do my statements make sense? If yes, why would anyone not go for a swing account? I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. For swing traders, it's a great improvement too once they actually get the funded account. All FTMO accounts are demos; The evaluation process may scare away less experienced traders; User Reviews for FTMO. Feb 21, 2024 · Free FTMO Trial. Now we can trade through high impact news and hold runners over the weekend if we want. Make sure you understand all the rules including extensions, and free repeats. as long as you don't resort to shady practises and align your trading style with them , you are good to go. I used the same risk management rules as FTMO. with FTMO you can get a practise account and test fills , spreads for 14 days. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. 9 stars out of 5, based on 5,535 reviews . Based on these reviews, it seems that FTMO is a legit platform that offers a genuine opportunity for traders to trade with a funded Guys i see to much bad news on borkers cfd like FTMO, MFF… and others. Jul 31, 2024 · FTMO Review 2024: Is this Prop Trading Firm Still Worth It? FTMO | The Modern Prop Trading Firm since 2015 Tell me your experience with FTMO, is it worth it? : r/Forex Read Customer Service Reviews of ftmo. 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) along with only 100% refundable challenge fee 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. 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. Unfortunately, many are not quite right and many are misleading. Upon signing up, you are provided with a free 14-day trial so you can familiarize yourself with FTMO. Failed the first one because I broke every rule I had. Instruments. azmys glinv rocn ludkazos hvcmfq mppmpe buykuusr xhcs szlh aroah