Ftmo premium reddit review Their challenges are a bit tougher than My Forex Funds where I'm currently funded. Commissions/spreads are low and competitive. Definitely enough to live on unless you have some huge family or expensive cost of living. 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). Searching for it online is a waste of time. Sep 27, 2024 · With features like an FTMO Challenge, Performance Coaches or Premium Programme, it’s designed for traders aiming to sharpen their skills. 1% with FTMO and +4. So it's been a while that I know FTMO, signed up with them at the end of 2019 not long after it launched, but failed the tests (2 100k acc tests), I then switched to trading cryptos (on personal accounts) and been quite profitable with that, and more importantly learned to trade better! Apr 28, 2024 · FTMO has received lots of positive reviews that praise FTMO for their professionalism, transparency, customer service, and payout process. INVESTING . If they pass, you pay. seems like you guys have not understood how ftmo works. Thanks for reading this FTMO review. MyForexFunds is a prop firm out of Canada with similar challenge parameters as FTMO. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. Posted by u/uiy564896432 - 1 vote and 6 comments 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. There seem to be quite a few users leaving negative reviews. Many traders also point out the quick and reliable FTMO payouts. Written By. If they fail, you are still out FTMO's challenge fee. Do your research but so far, my experience with MFF has been great. Ziskovost Aktivní účast na úrovni Prime po dobu 3 měsíců s alespoň 3 výplatami a ziskovostí 4 % na výplatu na FTMO Accountu ve výši 400 tisíc USD. -ftmo's business model is based on the failed challenge fees. which is more than enough to pay out the traders that do make money (90%+ loose) Ok i meant $5k max daily loss. Despite this, FTMO’s premium services and large community provide solid support for traders looking to excel. The main reason is rules and laws. Sep 26, 2024 · FTMO Review. - To be with other like-minded forex traders. 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! So to them, it is a completely risk free business. 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. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. Guys i see to much bad news on borkers cfd like FTMO, MFF… and others. Nov 22, 2024 · The majority of FTMO reviews on Trustpilot praise the company for its fair evaluation process, efficient trading platforms, and excellent customer support. professionalism ,longevity of FTMO. 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. so pretty much same amount. com, a trading forum run by professional traders. Always payout, every time. So, I’m looking for insight on Top Tier Trader and Thinkmarkets broker. 5% with the 5%ers, all due to the spreads. correct me if I am wrong You get 100K account for $4500 with leverage of 1:30. 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. Musíte mít aktivní FTMO Account v hodnotě 400 tisíc USD (sloučený ze dvou FTMO Accountů v hodnotě 200 tisíc USD nebo z jednoho FTMO Accountu v hodnotě 400 tisíc USD). 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. 8. 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. FTMO's 70/30. Welcome to FTMO's Premium Programme, where elite traders gain access to exceptional benefits and rewards. Tradeable assets include Forex, cryptos, commodities, I once gave a 1-star rating because I misunderstood something and Ftmo explained it to me straight away and gave me a detailed answer about my problem. even if it's just a simulation. The programme has two main levels that you can achieve, with the possibility of even reaching the third level. so let me clear things up: your trades never get placed in a real market. Regarding account management, MyForexFunds put out some interesting statistics about their traders a couple of months ago. 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. Anyway, I linked the two accounts to my trade copier, and the exact same trades have resulted in +4. 2m. You have to be profitable to be able to make money on their Welcome to FXGears. In that time, I have had a maximum cumulative drawdown of only - $6,419 with an average drawdown of -$1,000. And even extra 10% more for those qualifying under the scaling plan. S. So lets do simple maths. No issues. Competition in the space makes everyone better off! Now is the time to take advantage guys ftmo profit split update Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. there are 50 prop firms operating as of now , but no firm can match track record . You only need to pass 8% in the first round and 5% in the 2nd to get funded and drawdown is 12%. Many reviewers have shared their experiences of passing the challenge and verification phases, receiving their funded accounts, and getting their profit splits on time. instead if you buy Personal account with 500 leverage in that same amount then you get $4500 x 500 = 2. Savings are hard to come by because FTMO doesn't give them out very often. -Share FUNNY Trading Bem-vindo ao Programa Premium da FTMO, onde traders de elite têm acesso a benefícios e recompensas excecionais. You will never have worry about a "MyForexFunds" moment w/ FTMO. O programa tem dois níveis principais que pode atingir, com a possibilidade de alcançar o terceiro nível. Free Challenge: Earn a free FTMO challenge at the same size as your current account. 4. r/Daytrading • I just crossed + $375,000 in profits after 18 months of full time day trading. I’ve been funded with FTMO for more than two years but I cannot participate in their Premium programs as I’m in the US. Funded traders receive up to 90% of profits. Don't just chase the big profit targets just because you want freedom. FTMO is legit, and I assume they have a lot of very successful traders. FTMO without second thought. Always remember that these guys the run prop firms are always competing against other prop firms , in forex eventually after using statistics and time … 95% of traders will lose (the house always wins) only the 5% make it with good coin. Some of them have also posted . as long as you don't resort to shady practises and align your trading style with them , you are good to go. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. with FTMO you can get a practise account and test fills , spreads for 14 days. 😕 Customers from the US are no longer welcome. 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. No "gotcha" moments or stupid fine print rules. FTMO only lets you trade CFDs, which is illegal in the U. The platform offers access to various assets, including forex, stocks, and cryptocurrencies, making it suitable for investors with different strategies. Took me several challenges to pass but all worth it. Sorry OP but that's a dumb question. 5% a month with their 200k account is still 10k and if you haven't scaled to their 90/10 split yet, it's 8k in your pocket each month. Can't go wrong with FTMO. FTMO's Premium Program rewards successful traders with two tiers offering increasing benefits: Prime Status: More Money, More Profit: Increased maximum capital allowance (up to $600k) and a higher profit split (90% to you). FTMO is legit and has been around for a while. People bitch about higher cost and FTMO being 'plain jane' without all the bells and whistles, but that's what makes them great. 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. Feb 8, 2024 · FTMO is one of the fastest growing proprietary trading firms with funded trading accounts. Updated : September 26, 2024. This simply shows that ftmo cares about its customers, so that customers ultimately feel comfortable and satisfied. Welcome to FXGears. The real question is do YOU have a consistent and profitable method? That is the real question. that means 100K x 30 = 3m to trade with. jbzibigw cmoxlpg hnoj bdi dew rcq baam wogf ebbqyka svnya