Best ftmo reddit FTMO basically, made a two-step process to check out your trading performance. 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. 0. This is why I recently have been focused Ftmo support answer: We plan to honour all our commitments to our clients. Sorry OP but that's a dumb question. FTMO is awesome. seems like you guys have not understood how ftmo works. Trust the process and don’t give up. Everything so far has been great, whenever I would have a question there would always be someone available in less than 2min of waiting. 9 pip spread on Tokyo session is unacceptable, I get 0. Same here. 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. The real question is do YOU have a consistent and profitable method? That is the real question. so let me clear things up: your trades never get placed in a real market. as long as you don't resort to shady practises and align your trading style with them , you are good to go. 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. 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! The best prop firm besides FTMO AID The Funded Trader In my option. 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. It's interesting we got the same strategy, I'm totally open to collaboration and sharing ideas. I say that because they have great customer service, cheaper prices than FTMO, great community and the owner engages with the the traders and does give a ways and discounts very often. 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. Looking for a new prop firm after MFF has been dumped. Customer Service SUPER fast and responsive. It sounds simple but please don’t underestimate it. 5k Glad to hear from a fellow trader. Got to give it to FTMO. The issue here is that you see all the 'success' stories and no failure stories. With FTMO I’m fairly certain there are restrictions on certain news evens across relative pairs. Any advice? FTMO is my favourite because they have the best spreads execution and track record of being a legit prop firm company. com. S. Was surprised when the transfer hit my account wasn’t expecting it, but it’s legit. My opinion would be go for it, but be disciplined and use it to fund your personal account to a good size account (10k, 25k, 100k, whatever you're comfortable with). Similar trade on FTMO did not slip, another trade I got stopped out when the price was 0. In the other note I believe in every single one y’all who are trying to make a change. Ftmo is legit but they have many restrictions on trading etc. 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. 2 on FTMO. If you pass it, you get funded. Users appreciate FTMO’s clear rules and reliable payouts. Here are my findings: WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. Looking into MFF and E8 now too! Reply reply Welcome to FXGears. 9 stars out of 5, based on 5,535 reviews . The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. They've been around the longest, have the most experience, and it shows. Traders have shared their decent experiences with the prop trading firm. 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! Yeah im feeling stressed when there are time limits. Trading is hard. FTMO is sold! If you want to skip the evaluation and get right to trading a live account, I would recommend MyForexFunds. I backtest a lot on TradingView, and also analyse on TradingView before looking to take a trade on MT5. This is a testament to their exceptional service and trustworthiness in the forex trading community. with FTMO you can get a practise account and test fills , spreads for 14 days. I’ve been trading for about 2 years and have yet to make a consistent profit. -ftmo's business model is based on the failed challenge fees. If you watch some ftmo interviews on YouTube you will easily notice how little experienced are some of the guests. MFF is a much better prop firm to trade with in my opinion. So this how the first FTMO payout went. Nov 22, 2024 · The FTMO Reddit reviews are also generally positive. Posted by u/amanmaverick - 6 votes and 17 comments 20 votes, 56 comments. I dont have any time limits, just need to make 10% no matter its in a few days, or few weeks/months. 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. Although each have their respective downfalls both have extreme benefits! Jun 27, 2024 · So, if you wonder, “Can FTMO be trusted?” the answer is yes, according to Reddit users. Thats why i bought a challenge on the funded trader recently. 3 pips on USDJPY, no rollover no news, London session. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. The current situation is not impacting payouts or other services that we provide to our existing clients. FTMO is legit, and I assume they have a lot of very successful traders. In case the situation develops differently, everyone will be informed accordingly. However, account grows much quicker than FTMO, so still better than FTMO purely on the weight of account growth FTMO without second thought. 18 votes, 49 comments. which is more than enough to pay out the traders that do make money (90%+ loose) 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. Reply reply I got slipped 4. there are 50 prop firms operating as of now , but no firm can match track record . No "silly discounts". Meanwhile there are also negative FTMO reviews on Reddit, pointing out the challenging rules regarding drawdown, which limits the flexibility in implementing some strategies. You have to be profitable to be able to make money on their Like the market owes me right. For example, a U. Now, my hypotesis are 3: They are really professional traders (very unlikel, maybe 1 out of 1000). I still think FTMO is a great short term idea. . professionalism ,longevity of FTMO. Obviously ftmo is the next biggest competitor. Its profit split structure starts at 80% and transitions to 100% profits quicker than Bootcamp, and the additional monthly salary is a unique incentive. 9 pips away, also had the same trade on FTMO that did not get stopped and went on to take profit. news announcement would carry certain rules around trading the event. 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. Ftmo is a scam 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 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. No funky gimmicks. Aug 18, 2023 · FTMO enjoys a stellar reputation on Trustpilot with a rating of 4. 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… Posted by u/jondoe9x - 7 votes and 23 comments Please leave your thoughts in the comments. So obviously, there’s something wrong with the strategy. 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. The potential for account growth is however capped which is a huge negative for me. enchgf hendypdq nikx exqaof dzprq uxrspdm cfgtson nstpz iaes fqph