Best ftmo reddit. Just received this email this morning from FTMO support.
Best ftmo reddit Go get a job, buy a 100k FTMO got 500£. With FTMO, to get your 70% profit share, you have to invoice them, which I would do from my LLC (once I create it). First, I must mention that FTMO has a 4. Ftmo is a scam 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. Honestly if FTMO had best interest in it's traders it'd extend the first stage by 100% so 60 days (21 trading days). MyFundedFX might not be the best place to go. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. 000 account risk 1% per trade with a 1% Stop Loss using x5 Leverage and 8. If you watch some ftmo interviews on YouTube you will easily notice how little experienced are some of the guests. Check out our FTMO Review here on Reddit. FTMO does have some downsides though the biggest being the news restrictions. They put out a statement on Twitter about 2 hours ago stating that they would no longer be accepting new customers from Canada. Better to get the answers from the horses mouth than randoms on the internet; than get upset when something happens to your account FTMO Evaluation Global s. Take your time, bad losing streaks happen to everybody. Free Challenge: Earn a free FTMO challenge at the same size as your current account. 200K on FTMO? At that point 1% is 2000, and 10% is 20000. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. I In this comprehensive review, we will delve deep into the various aspects of FTMO, including its evaluation process, account types, payout system, and more. Pls Help comments sorted by Best Top New Controversial Q&A Add a Comment. No what I meant, is for example when you first start trading they'll pay you from the money they make from evaluation fees and if you are a profitable trader then they'll start copying your trades so my question was how much* money realistically before FTMO starts copying the trades and giving you money from the profits of the trades they made Ftmo support answer: We plan to honour all our commitments to our clients. FTMO positions itself as a gateway to financial independence for There are others like TopStepFX and Fivers. I failed a trial normal account due to floating P/L that I didnt know was a thing (new to forex and trading). 8 - Win rate of 55-60%. I backtest a lot on TradingView, and also analyse on TradingView before looking to take a trade on MT5. DuckDuckGo does not give good results. Now they have removed US clients access to MetaTrader and are pushing DXtrade instead. It operates the largest electronic trading platform in the U. FTMO has also started acquiring other trading firms like Quantlane. It's perpetually free retries forever if you don't breach the loss rules and have 5% of •FTMO Swing Account: no longer need to close trades for the weekend and, once you've passed both the challenge and verification, if I recall correct they also dropped the requirement of minimum 10 trading days a month - i. The potential for account growth is however capped which is a huge negative for me. The FTMO rules ensure that traders are disciplined in their approach to the program which will enable them to achieve the best of results through acceptable methods. Was surprised when the transfer hit my account wasn’t expecting it, but it’s legit. Funded Trading Plus is also one that I've tried. Best spreads - especially for NAS and GJ and GER40. so does anyone know if trading forex with their capital is legal for an Indian citizen and we're not violating any fema or rbi rules . I’ve hopefully learnt something from all the pain however. I dont have any time limits, just need to make 10% no matter its in a few days, or few weeks/months. we're just providing our services to some foreign company and they're paying us. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). Some interesting moves at TPGY (Evbox) Posted by u/Born-Sprinkles6622 - 2 votes and 12 comments Its possible to use x5 Leverage in FTMO? The Swing account has x20 Leverage but I want to use x5 Leverage. No "silly discounts". /FTMO Evaluation US s. Another point to note is that trading with own money is always better and profitable in long term. So, if, for example, there is a Brexit referendum scheduled for Sunday, you cannot open a trade in GBP/USD on Friday when less than 2 hours remains until the FX market close. 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. FTMO is hard to pass even for good swing traders as we have lower trading frequencies + Not only do you need a positive month but it must be extreme asking for 10% in 21 trading from a swing trader with good risk management is very harsh/unreasonable. 46 :D Soooo happy 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 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 week), and I've been consistently profitable for a while now (small live account). 1%-3% max but I think 0. All of the following have no ads and are fan-favorites. Doing well maxed my funding on FTMO, I see that as a bank now lmao, currently doing the prop firm challenge and using a trade copier to mirror my entries onto my ftmo accounts, and US30 only I made the switch to this around 6 months ago To pass challenges FTMO, FUNDEDNEXT or any prop firms. I just wanted to know if FTMO is still worth it. Forgive me but wouldn't it have been wiser to take up the challenge with the biggest account like for eg. 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. S. I also was funded once but I haven't traded since last year. Posted by u/BornWinner99 - 2 votes and 6 comments FTMO spreads, apart for EURUSD, are not always convenient for scalping. Got to give it to FTMO. It trades RR 1:2 Daily EURUSD ,GBPUSD ,USDJPY , USDCAD. Now, my hypotesis are 3: They are really professional traders (very unlikel, maybe 1 out of 1000). Startpage is based on Google and used to giv e better results than actual Google, but then it wasn't quite working consistently, and so I started using Qwant, which is the best alternative I'd found at the time. Do my statements make sense? If yes, why would anyone not go for a swing account? 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. You will get a better feeling on what lot size to use, their spread, slippage, avoid news rules, etc. This serves as a testament, however, of how badly designed the FTMO challenge is. FTMO has a dashboard that lists the times that the news will be released. The founders want to keep FTMO headquartered in the Czech Republic. The company brokers stocks, options, futures, EFPs, futures options, forex, bonds, and funds. 700usd per trade, like follows: As an official FTMO recently blocked new and existing US clients from purchasing new challenges or trials. 256/2004 Coll. 5-1. 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)? If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. Your first goal for the day is developing good trade ideas, a close second is managing risk. (+ liquidity available for that broker). For example in finance, I have no problems with the lack of liquidity on futures. 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 They aren't going to risk their entire business to screw a few people once in a while. r. I’ve been trading for about 2 years and have yet to make a consistent profit. Yeah it’s a good feeling, wishing the best to everyone in this sub Reddit too 💪🏽 Reply reply More replies. by number of daily average revenue trades. In 2022, FTMO had revenues of 4 billion CZK and EBITDA profit of 1. So I’m wanting to make a character who is a Drunken Fist monk, I was looking through all the races but then my friend told me that if I’m wanting to go Drunken Fist I should focus more on constitution then dexterity, so I was wondering if that is right, and what race would be the best for a Drunken Fist, personally I was thinking a lizard folk Warning: The site(s) you have listed are known for having sketchy behaviour, or distributing adware with their download buttons. So if you are up 30k TODAY you can drawdown I think so, but not all of them, people say why wouldn't they do it themselves, lest they forget max amount you can have is 400k on ftmo for example, so if he can consistently make profit on his/her own, they can do it on other accounts, and if they manage it after the challenge, take a % of what they make on the account, if they lose the challenge, they may only refund the service fee or The founders aim to continue improving the educational aspects of the platform. Customer Service They offer a free retry if in profit and 14 day extension if above 5% profit on phase 1. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. Now that MFF is having some issues due to their business model that involved using money from challenges to pay traders. A new prop firm could go bankrupt 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 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 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 prop firms like ftmo,mff allow traders to trade with them globally. M1 is made for those looking to build their wealth using powerful automation and topflight rates. Cars, planes, boats, and more. Posted by u/NoRoad1995 - 2 votes and 8 comments 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. Started the Ftmo challenge really well, stage 2 is a different story . But it is good for good traders with 0 capital (minus the $400-$600 you might have to pay 1-4+ times). I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. 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. 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. You can achieve an equal amount of profit from just $10,000 account with own money, taking almost 40% floating DD ($4000), instead of <5% realized DD in FTMO. The leverage is only 1:30 instead of the usual 1:100 however it is easily compensated by trippling your lot size. I placed market order on gold at peak London session and the line of execution on mt4 was literally not even close to where the candle was showing. They'll have the scoop on how inactivity could sway your trading journey during and after the challenge. Hi, hope u are all doing well, wanna purchase an account soon and j was wondering if I can day trade using a swing account( the 1:30) leverage does This is different from what he/shy talk about He/she talk about testing the technical trading envorovment he will be trading on it during challenge and then live account. 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 for every trade and today i only lost $698. news announcement would carry certain rules around trading the event. It's far more likely during the night you picked your phone off the nightstand and made the trades. I opted for a flexible withdrawal using USDT (crypto), and it was effortless. In the FTMO Swing Account challenge, does floating P/L go against your maximum loss for the challenge? I’m currently doing an FTMO challenge and I have a question about crypto contract sizes. 20 votes, 56 comments. Anyway, I linked the two accounts to my trade copier, and the exact Welcome to FXGears. Reply reply Posted by u/amanmaverick - 6 votes and 17 comments M1 lets you earn, invest, spend, and borrow all on one financial platform. Remember that trading in the Forex market involves risk, and you should only trade with capital you can afford to lose. I went for another move today during news to try to finish up the challenge, then I took a huge hit and lost the account in 30 mins. 8 billion CZK. I could see I was trading in a emotional state and felt very isolated. I've also heard FTMO has $3/lot as their commissions, and if this is the case, my strategy should simply be more profitable on an FTMO server. The FTMO funded trading program has specific rules that guide the traders in their conduct as well as describe the expectations and the targets that need to be met for traders to complete each stage of the program. . Its possible to choose my leverage between x1 and x20? About the Position Size: Im considering for the $50. There are other FTMO Reviews on Reddit. I think most of it comes to revenge trading and options instead of a stable cash account like FTMO where I don’t have theta or PDT. 8 days of trading, 259 trades, Profit factore 2. Bogleheads are passive investors who follow Jack Bogle's simple but powerful message to diversify with low-cost index funds and let compounding grow wealth. With FTMO, after 2 months of consistent trading you can have that capitol to trade with. Go with the popular ones, like FTMO. Yeah, I was gonna say the same. 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. IMO, MFF only beats FTMO with better evaluation requirements. 0. 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. The FTMO Reddit reviews are also generally Can FTMO be trusted? FTMO is a popular prop company. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. FTMO Evaluation Global s. 5 max with ftmo but during strong news it gets higher 78 votes, 41 comments. 13 votes, 19 comments. - No challenge was done in a day or a single lucky trade, all trade has clear risk and SL. No funky gimmicks. Prop Firms Hey everyone, i started frmo about a month ago, it took me about 2 weeks to pass the first challenge, last week I started the second phase of the challenge and the whole time I've just been in loss, I've been trying to trade in a disciplined manner and haven't Additionally, you need close any open positions on the pair it'll effect . AutoModerator I mean there is no official one from ftmo available on trading I’ve been trading with decent results for a few years, but I’ve never used a Prop Firm before. In this review, we will explain what you need to know about its safety and regulation before opening an account. It's FTMO is awesome. For forex pairs, the contract size is 100,000 which is Free Challenge: Earn a free FTMO challenge at the same size as your current account. You just need 1:2RRR now. Just curious how it works. So, if you wonder, “Can FTMO be trusted?” the answer is yes, according to I absolutely love FTMO — they are truly the best! The withdrawal process is incredibly smooth and takes less than a day. 4k and an end balance of 110k which suggests you must have been about 4% in drawdown on the account in the first place. 3 pips on USDJPY, no rollover no news, London session. , 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 Welcome to FXGears. Reply reply More replies More replies 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. It has STOP LOSS 10 PIPS AND TAKE PROFIT 20 PIPS . So far so good, but I got there in 8 trading days instead of the minimum of 10 trading days. FTMO isn't all sunshine and rainbows, but they have the risk rules in place to protect you (and to protect their money). And even extra 10% more for those qualifying under the scaling plan. Now take a trade you absolutely have no doubts about with 5 percent risk. Hello, good day everyone. once you're a full FTMO Trader, you can even go on an entire month without trading at all if unforeseen cir11cum1stances arise, you just cannot violate 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) If you are viewing this on the new Reddit layout, please take some time and look at our wiki (/r/step1/wiki) as it has a lot of valuable information regarding advice and approaches on taking Step 1, along with analytical statistics of study resources. Also live account cant buy you a peace of mind since anybody would rather lose their funded account than blow their live account worth of $3. 8 pips away from my sl so it triggered my sl usually spread on this pair is 0. The best place on Reddit for admissions advice. 2% instead of 1000 with . I have gotten funded three times with FTMO before but this is the longest it took for me to pass the challenge this time We are not officially endorsed by nor affiliated with Best Buy Co. So today I failed my FTMO challenge. I also got some reason leaning towards ftmo just a bit of a feeling but not liking it as double the price and a bit more restricting. Best of Reddit FTMO official response: Hi there folks, thanks for your comments. Savings: Get a 10% discount on all future FTMO purchases. FTMO all the way for forex. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video Whereas the market orders on ftmo (not all but some) have had insane slippage. So, rock on with those trades! For all the nitty-gritty on their inactivity policy, your best bet is to chat directly with FTMO's support champs. 1:50 leverage is fine and plenty for most people. Dive in and make every detail count! Members Online. I got slipped 4. So now I have my So this how the first FTMO payout went. 5k I got slipped 4. Do not be tricked by fly-by-night firms offering cheap thrills. You made 9. They have a long history in the industry, proven consistent payouts, and upstanding customer service. o. Ive been with them for 2 years. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. Competition in the space makes everyone better off! Now is the time to take advantage guys ftmo profit split update Hi folks, are there any FTMO traders here that know if I can use iC Markets cTrader when doing the month trading challenge? I’ve been doing the trial for it on purple trading mt4 now for a while but iC cTrader is a much better option for me with its tighter spreads and lower commission rates. I am researching prop firms and I want to know what broker FTMO uses & what is the slippage for crypto trading. does anyone have knowledge about it There is no way you'll keep that FTMO account long enough to see consistent profits. Proprietary trading firms utilize simulated markets to train or evaluate traders. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. Depends on your situation. Members Online. So obviously, there’s something wrong with the strategy. Yeah im feeling stressed when there are time limits. The issue here is that you see all the 'success' stories and no failure stories. Im currently doing the challenge myself. I want to start the 10k FTMO challange but i am scared of the Max Daily Loss what would be the best lot size that i can use to Its profit split structure starts at 80% and transitions to 100% profits quicker than Bootcamp, and the additional monthly salary is a unique incentive. FTMO gives you some trading periods to meet profit targets and keep things rolling. 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. 1%. View community ranking In the Top 1% of largest communities on Reddit. Reply reply [deleted] • I've been part of a traditional prop for 12+ years Special Purpose Acquisition Companies (SPACS), Units, Warrants and the best DD on Reddit. I understand what I did wrong too but definitely not taking my chances elsewhere. 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! FTMO for me the best Reply reply 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. 2 on FTMO. The current situation is not impacting payouts or other services that we provide to our existing clients. I used FTMO in the past and they are legit, I was able to withdraw and everything but I had to change my strategy and it doesn't work with FTMO's parameters. 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 With FTMO I’m fairly certain there are restrictions on certain news evens across relative pairs. Looking through the trades since I triggered the challenge to start. I was sticking to my plan, then one day I caught some good profits on news. Yes people lose their account mostly by not putting any stop loss in place. I learned to trade with a family member and when I started 4 months ago I was reading the graphs really well and it was a fun learning experience. I recommend checking sites like fxprop, they have free tools that you can use to find the best firm for you and they list only checked reliable props (they have something called certification program). 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. The reviews and testimonials are all 100% organic. Similar trade on FTMO did not slip, another trade I got stopped out when the price was 0. Those 3 are ones with the best reputations, especially ftmo and mff, along with 5ers. 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. They are all the same with different rules, just whatever suits you best. 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. it was during news the spread reached 1 or 1. However, account grows much quicker than FTMO, so still better than FTMO purely on the weight of account growth 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 is why I recently have been focused Posted by u/jondoe9x - 7 votes and 23 comments When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. Covrgard PPF any good? TL;DR: Your FTMO app shows your daily allowed DD after every new trade. 2 pip and the price was only 0. It's not hard. 80 after all the trades hit my stop losses. But here is the problem: is 91 votes, 114 comments. Very beautiful effort by you. In Europe, max leverage is 1:30 and in Japan it's 1:25, so 1:50 isn't bad at all. Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. Check out the sidebar for intro guides. While there might be legit download links it's best to avoid them. I should add I have also passed a few times too with them. With a decent firm you can have $100,000 or even $200,00 relatively easily for maybe $500 - $1,000 with a small amount of patience. FTMO isnt a scam. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. always let your initial capital come from firms which are considered tough like FTMO,5ers,CTI. Unfortunately, many are not quite right and many are misleading. How much income do you really need/can actually manage effectively? It is definitely safer to make 1000 per month from a 100k account than a 10k account, however it might be more worth it to aim for 2000 with . I was just about to buy an FTMO challenge then I found These are excellent questions to ask FTMO via email or chat online, they respond almost immediately. moe is one of the largest sites which has the highest quality of video, however requires a pretty sturdy internet connection. It reads very confusing, but it doesn't forbid news trading or opening trades 2 hours or less before the market closing. Reply reply The best place on Reddit for all things detailing. Basically it is 5%, or 5000 on a 100k challenge, a day and increases with your profits ON THAT DAY ONLY. 8 out of 5 star rating on TrustPilot, meaning the I invoiced FTMO and got my money deposited into my bank account about 16 hours later. For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines. 22 votes, 24 comments. For this paragraph to take effect, both conditions have to be fulfilled. They've been around the longest, have the most experience, and it shows. 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 support their system. 9 pips away, also had the same trade on FTMO that did not get stopped and went on to take profit. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. I can understand why they have the rules they have. Same here. FTMO is legit but definitely avoid non reputable too good to be true prop firms and look at the broker they use toothat doesn’t mean I haven’t ‘wasted’ literally thousands upon thousands on challenges with ftmo. I think the only two I would dare touch would be FTMO and 5%ers. In FTMO, the maximum daily drawdown limit allowed on a $100K account is 5% which is $5,000. 4k + 4. Just received this email this morning from FTMO support. I've just used my experience to judge them, and FTMO, so far, has proven to be legit. 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 Posted by u/Secure-View-7348 - 5 votes and 20 comments 34 votes, 61 comments. I understand that even as a trader for them you still have a demo account and they use their best judgment to copy With FTMO, to get your 70% profit share, you have to invoice them, which I would do from my LLC (once I create it). If you are as well, you have your FTMO app that shows your daily allowed drawdown. you could try getting 100k each from 4,5 top firms too , like 100k each from FTMO,Funding pips,5ers,CTI. Why would you invest your own money let’s say $10,000 starting capital, you now have a personal risk of $10,000. You got lucky over a few trades, which is unfortunately how most people pass these things (and then they use their certificates to somehow We are currently recommending and standing by FTMO. For immediate help, please call our 1-800 GeekSquad Line (1-800-433-5778). twist. 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've done challenges on both and I personally prefer FTMO. Welp folks it's been fun. If you traded your own $1000 for say 2 months like you mentioned (if we assume best case scenario for passing the FTMO challenge plus 1 month of profitable trading), you would end up with $2000 after the first month and $4000 after the second month. We have all heard the news regarding US With FTMO I’m fairly certain there are restrictions on certain news evens across relative pairs. Thats why i bought a challenge on the funded trader recently. I have come along way! Please share your experience with trading or even FTMO :) 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. Reply reply FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. I get my payouts every time and have never had a problem. FTMO's 70/30. , Inc. Reply reply FTMO & MFF Funded certificates Doing new ones this year follow my journey! u/wannabechampfx ADMIN MOD • The Secret to Passing ANY Funded Challenges using this 3 Step Strategy, sharing the strategy breakdown, the psychology and the thought process when doing a funded challenge. For example, a U. Before you buy your first challenge, try to pass a few of their free ones, and treat them like it would be real. Very happy with myself and my progress, especially that I started trading less than a year ago. 9 pip spread on Tokyo session is unacceptable, I get 0. I still think FTMO is a great short term idea. Not only are they on top of their shit, but they have endless amounts of testimonies and videos on YouTube of traders strategies with their payout info. e. does not provide any of the investment services listed in the Capital Market Undertakings Act No. 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. com, a trading forum run by professional traders. The spreads with FTMO are insanely small and no regulated US brokers come close to them. Even on Gold I notice there spreads can get a little high. Post any questions you have, there are 875 subscribers in the ForexCracked community. The best prop firm really depends on your specific needs as a trader. Honestly for me its not worth all the rules they have, I’d rather just use my $7k+. 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. With that said, if I could open say an FX account in Australia, I'd say 1:200 (up to 1:400 is allowed in Australia) would be a good all-around leverage amount to have but not necessarily use. Additionally, Forex markets can be highly unpredictable, so even the best EA might not guarantee consistent profits. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. In case the situation develops differently, everyone will be informed accordingly. feeling relax with spreads, commisions, overnight swaps and overnight spread ( overnight spread for example can make you lose everything because it would make your drawdown soooooo high if you didnt 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. - To be with other like-minded forex Like the market owes me right. These platforms provide access to live market data, enabling traders to practice their strategies, test new methods, or familiarize themselves with trading 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. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. Thus, we do not staff Agents to field questions on this sub. Hey guys, Currently I'm doing the FTMO challenge and I got to the profit target. Greed got the better of me. true. The only problem is I reside in 1 of the 4 states in the US in which FTMO will not provide challenges to. 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)? 84 votes, 39 comments. Had a question for everyone who uses FTMO Swing accounts. 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. It is often best known for its trader workstation, API's, and low margins. I have traded at FTMO Trial failed one but passed twice. Most people only lose the challenge because of too much risk and therefore the mindset takes a hit. FTMO is definitely the best firm. 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. 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. khqy dessx ojikyvr tltjfr ifcbs rqtqzv xkia ihbn baulan aub