Is ftmo legit Very quick to transition to new accounts. FTMO is an international trading platform that lets you enjoy proprietary trading. Got to give it to FTMO. Most of the time one of our team members you'll see in the top 10 world bigget payouts from week to week. Founded in 2015, FTMO has established itself as a reputable player in the prop trading scene. FTMO can copy the trades at its own choice using combined orders thanks to the proprietary risk management algorithm. FTMO’s credibility is bolstered by its transparent business model, significant payouts to successful traders, and a robust educational support system. In the other note I believe in every single one y’all who are trying to make a change. Additional Insights About FTMO Include: Account Options: FTMO offers accounts like the Swing Account that don’t have constraints on holding positions over weekends or trading during major economic announcements. FTMO has paid out over $130M in profits to traders on their platform in over 180 countries. The move is bold as the traders get 70% of their profits without risking a dime of their own money. Although I used an EA to manage risk and believed FTMO is one of the best forex prop trading firms available. Overall, FTMO offers a comprehensive and thoughtful package for serious traders. They have set a high standard for customer service Overall, FTMO’s reputation, our own experience using their services, customer reviews and the long history of successful operations Is FTMO Legit? Yes, FTMO is a legitimate prop firm with a strong reputation. The firm has a positive reputation in the trading community and is regarded as a legitimate and respected prop trading firm. Reply reply AlbusSilver • all the documentary did was point out the abismal rate of failed traders, but they were wrong, because in reality its much much worst than the 10% they thought -look up mff public stats- So this how the first FTMO payout went. FAQ. FTMO has a dashboard that lists the times that the news will be released. In addition, many traders noted that besides the safety FTMO offers, it also comes with an excellent customer experience, including a responsive support service. Is FTMO Legit and Safe? FTMO prioritizes the trust and security of its traders through several key measures. I personally trade with them, but you have a tight margin of error to work with. Strict risk rules: FTMO has strict requirements for the testing period, only allowing a maximum 10% loss of the deposit amount. FTMO Regulation and Safety of Funds FTMO is an excellent proprietary trading firm for forex traders. In that time period, FTMO has paid out over $27 million to traders in over 180 countries. Founded to empower talented traders, FTMO allows traders to access substantial trading capital. full of rubbish to negate any results. It was the Technology Fast 50 Winner by Deloitte from 2019 through 2022, and it has a 4. Why does ftmo. Traders are entitled to receive up to 90% of profits generated on the FTMO Account. Their rules are a little more strict when it comes to news events and holding trades over the weekend. However, the two-step evaluation process is deliberately difficult to pass, especially the FTMO Challenge stage. com Review. com/brokers/prop/view/ftmo/?utm_source=youtube&utm_medium=video&utm_ FTMO developed a unique 2-step Evaluation Process for traders. but hey, if i am wrong and ftmo is legit, you would have some kind of paperwork, but you dont. Once you’re an FTMO Trader, you can keep up to 90% of your profits. But it sure feels hard when you don’t Yes, FTMO is a legit prop trading firm. Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?" Compare is for things like "Which of these 2 (or more) companies is best?". One satisfied trader named Aasim says FTMO is better Is FTMO Legit？ Yes, FTMO is a legitimate prop firm with a strong reputation. EaseXo Tips. Searching is for things like "Help 🥷 Join the waitlist: https://join. Common. thank you for your time. Personally I don’t care if @Alg626 trades with FTMO or not. I also discuss the risks o In this FTMO review, we explore the features, benefits, and overall performance of FTMO, a capital funding program designed to support traders. com is a scam. | Read 21-40 Reviews out of 11,295. I've been looking into ftmo I have seen people take the challenge , but I have yet to see anyone post about taking profit. The company was founded in 2015, so it is relatively young compared to others prop firms that have been in the market Ftmo didn’t look legit on the bbc documentary-instatraders. With their transparent evaluation process, compatibility with reputable trading platforms, and attractive profit-sharing structure, FTMO proves The FTMO evaluation process, designed to find and nurture skilled traders capable of handling the firm’s capital, consists of two stages: the FTMO Challenge and Verification. To get an FTMO Account, you need to pass their verification process successfully. Is FTMO Legit? For a newbie who is just starting out with any new platform, it is important to know everything about that platform. | Read 1,961-1,980 Reviews out of 11,249. Regulation: Although FTMO’s two-step evaluation process is the industry standard, some traders are put off by it. No issues. Upon completing the Evaluation Process, traders are offered to enhance their trading skills on an FTMO Account in a demo environment as FTMO Traders with a balance of up to $200,000 in fictitious funds. We have based this rating on the data we were able to collect about the site on the Internet such as the country in which the website is hosted, if an SSL certificate is used and reviews found on other Not to mention that FTMO is not legit, a breaking fact if there ever was one. FTMO’s reputation is impeccable. The FTMO Challenge rules and Verification process are well-documented and FTMO uses MetaTrader 4, MetaTrader 5, and cTrader. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. 0 rating on Trustpilot based on 5,004 reviews. You need solid trades and mostly wins if you don't want to Overall my experience with FTMO has been incredibly positive, thanks largely to their outstanding support. 65 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by FTMO clients on FTMO is one of the leading firms in the forex prop trading space with over 6000 new members joining in 2020. Although not regulated, FTMO ensures client safety by offering demo accounts, where traders do not deposit any funds. Payout Process is very simple, Refund was Scam can be someone who operates fraudulently or engages in dishonest practices. If anybody has any specific question besides "are we fraud or are we legit?" please let us know so that we can build a constructive dialogue. as long as you don't resort to shady practises and align your trading style with them , you are good to go. Founded in 2015 by Otakar Šuffner, it is headquartered in Prague, Czech Republic. Can't go wrong with FTMO. The market price is not like the FTMO price; for example, US30 has a $200 price difference in 1 min the price go up 200$ and go down to market price, causing people to FTMO is a legit website and I received my payment instantly after they were done processing it. Verified. They’ve funded thousands of traders and paid out millions through their 80% profit split. Thank you. Prop trading is an exciting way for experienced investors to speculate on the financial markets with serious capital and reduced risk. You can do your own due diligence and check the reviews of FTMO on renowned review sites FTMO companies do not act as a broker and do not accept any deposits. Another important aspect is that they have been operating in the 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. You can get the most out of the platform by adopting adequate risk management strategies over time. So me and my team (now about 3 other full time traders) dont ever had problems at FTMO. FTMO is widely considered legitimate for several reasons. Commissions/spreads are low and competitive. com/get-fundedEver wondered How FTMO makes money? Does FTMO pay traders? Do you trade demo when you a FTMO developed a unique Evaluation Process for traders, consisting of an FTMO Challenge and a Verification, specifically tailored to discover trading talents. You will never have worry about a "MyForexFunds" moment w/ FTMO. NG. com a relatively high score. If you can make 10% on FTMO for 5 months, on your private account you will have: Month 0: Is FTMO Legit? Absolutely. FTMO broker is registered in the Czech Republic. Even with the high percentage win rate strategy, you can still end up losing a lot of money. The EUR/USD spread is advertised as 0. 6 days ago. 6 reviews. 9/5 rating on Trustpilot based on over 5,000 reviews. The pricing is reasonable, and the supported FTMO isnt a scam. As of now, FTMO has an impressive average rating of 4. FTMO is a legitimate prop trading platform that provides access to the financial markets. You can lose 10% on FTMO with 10% target, so you have to double your account. Reply reply Top 1% Rank by size . I have got 20k+ in payouts from them. com is very likely not a scam but legit and reliable. 9 out of 5 stars on Is FTMO Legit? Yes, FTMO is a legitimate prop firm with a strong reputation. Is FTMO Scam or Legit? Based on the available evidence, FTMO appears to be a legit platform that offers a unique opportunity for traders to access funded accounts. Robert Billing is a successful trader who shares his skills with upcoming traders through the program. We put to work 53 powerful factors to expose high-risk activity and see if sso. If you plan to do business on this site, proceed with caution as it received a medium score on our chart. Conclusion – Is FTMO Legit? The high ratings and reviews from current traders suggest that FTMO very much is the real deal. One of its key pros is the structured evaluation process that offers traders the chance to earn up Ftmo Traders SCAM. 2 pips, but this seems to us like the typical Here are the most prominent pros of trading with FTMO: Most Legitimate Prop Firm: FTMO is the most legitimate and trustworthy prop firm in the trading industry, with millions of dollars paid out to FTMO traders every year. Let's look at it and its HOME IMPROVEMENT industry through an in-depth review. ftmo. FTMO’s Unique Scaling Plan Is FTMO Legit and Safe? FTMO prioritizes the trust and security of its traders through several key measures. After conducting a thorough analysis and reviewing customer feedback, it is clear that FTMO is a legitimate proprietary trading firm that offers traders genuine opportunities in the financial markets. The FTMO Challenge rules and Verification process are well-documented and transparent. These platforms provide access to live market data, enabling traders to practice their strategies, test new methods, or familiarize themselves with trading FTMO is a pure SCAM, I took a 100K challenge account and first day when i had few open trades open, they just changed the account password and my account went to daily and maximum loss. More posts you may like r/Forex Im currenty in supreme status at FTMO and still a active daytrader who lives from payout to payout. That said, users in the United States only have access to 2 trading platforms and cannot use cTrader with the firm. FTMO developed a unique 2-step Evaluation Process for traders. The Scam Detector website Validator gives ftmo. Thin Vu. Date of experience: 24 September 2024. Also, the firm goes well out of its way to verify investments, including alerting its users of potential scam attempts. professionalism ,longevity of FTMO. . Let’s see what FTMO traders are saying about this prop firm! Positive Reviews. Even though every challenge participant has to pay in order to participate in the Challenge and get a chance at managing FTMO’s capital, the company provides additional tools to help traders with their trading, daily access to Final thoughts on FTMO are that it is a reliable and legitimate prop firm that can potentially help traders achieve their financial goals. the best prop firm is still the same: FTMO i received my payout with quick international transfer within 3 hours to my bank account. FTMO is a proprietary trading firm, considered by some media and traders to be the best of its kind. I never had problems at FTMO. What Is FTMO? FTMO was FTMO has 4. They’re also regulated in several jurisdictions, providing some peace of mind for those entrusting them with Is FTMO legit or a scam? We found that FTMO is a trusted proprietary trading platform that has been in existence since 2014. com/simple-waitlistHas my opinion changed for FTMO after 2 years of working on and off with them? I a FTMO is one of the best proprietary trading firms in the financial market with the TU Overall Score of 9. Despite it's CFD, you don't have the issues of future prop firms like contracts limitation, trailing drawdown, performance day conditions, no refund the FTMO spread is acceptable for day trading especially during NY Legitimate prop firm!! Over 20k in payouts . I am also funded by funded next and the5ers and I can say FTMO has been my easiest to receive pay outs by far. Then you have to complete the challenge where you have to make 10% in one month while adhering to their drawdown conditions. The company provide you with You initially pay for a challenge account. FTMO continuously monitors and analyses the trades executed by FTMO Traders in the demo environment and subsequently evaluates whether trades will be executed for FTMO’s own account. Promise Promoo. Claimed profile. What is FTMO and is FTMO legit? Headquartered in Prague, FTMO is a legitimate company that is looking for clients who have less or more experience in trading. com/get-fundedToday I go over the FTMO website, and answer some of your most frequently asked questio Is FTMO Legit and Safe? FTMO prioritizes the trust and security of its traders through several key measures. Traders must hit a profit target set by FTMO, which varies based on ftmo has no legit live traders. Proprietary trading firms utilize simulated markets to train or evaluate traders. I have personally loved trading with FTMO prop firm and it's legit and can be relied on for investment. FTMO has a transparent and straightforward approach to FTMO without second thought. I had They scam and mislead others like me. Over the years, FTMO has carved a niche for itself, not just for its generous profit-sharing but also for its rigorous yet rewarding evaluation process. Our algorithm gave the review of ftmo. People bitch about higher cost and FTMO being 'plain jane' without all the bells and whistles, but that's what makes them great. 100% legit and real I love @FTMO. We are confident about our score as we also partner with other high-tech, fraud-prevention companies that found the same issues. A trading account is funded once a trader passes the FTMO Challenge and a two-step verification process. The offered In a nutshell: FTMO is an exciting top-notch proprietary trading firm loved by thousands of seasoned traders. FTMO has a strong reputation, reflected by its 4. This execution occurs without any impact on FTMO’s clients and their simulated trading. If you are planning to start your forex trading journey with FTMO, you must have a question regarding whether FTMO Academy is not a scam. You can do your own due diligence and check the reviews of FTMO on #propfirm #ftmo #ftmoreview 👉👉👉 To learn MORE REVIEW about FTMO: https://tradersunion. I can testify that ftmo payout with out any issues. Additionally, you need close any open positions on the pair it'll effect . I get my payouts every time and have never had a problem. Payout System: The default profit-sharing ratio for FTMO Traders stands at 80:20. com have an average to good trust score?. What is FTMO’s leverage? Based on the web search results, it seems like FTMO’s leverage is set at 1:100. Always payout, every time. The company pays Reply reply More posts you may like r/VeteransBenefits In this video, I share my top 3 prop firm recommendations and give an honest review of my experience with FTMO as my first choice. There are 4 different challenge accounts you can pay for: $10,000, $25,000, $50,000, and $100,000. VN. We are very much complying with the laws and regulations, we always abide by the T&Cs which are legally binding and we have always paid the profits to our funded traders. 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. Discuss is for general discussions of a financial company or issues related to companies. When i had a chat with support person online, he showed screenshot of various accounts in the screenshot he shared which shows in the backend these guys can do any FTMO is an award-winning prop trading firm where you can take part in challenges to qualify to trade the company’s capital and receive up to $2 million in funds and keep 90% of profits. Funded traders can begin trading with up to $400,000 with leverage of 1:100 and keep up to 90% of profits made. The FTMO academy program targets people who want to become profitable traders in the forex industry. The sheer scale of FTMO is impressive with over six million trades being carried out every month – more than most prop firms. Traders believe it’s safe, reliable, and profitable. with FTMO you can get a practise account and test fills , spreads for 14 days. FTMO is known for being one of the fastest-growing proprietary trading firms, providing funded trading accounts where traders receive up to 90% of the profits. Upon successful completion of the Evaluation Process, you are offered to trade on a demo FTMO Account with a balance of up to 200,000 USD. However, with that said, it was a surprise to see that FTMO came with standard trading conditions. Can FTMO be trusted? Yes, FTMO is a reputable prop firm that has received positive reviews from many traders. . FTMO stands out for its restriction-loose Forex trading conditions. What FTMO does not say however, is that they have no legit forex license whatsoever, which immediately brings their credibility down to zero. A month later they have ignored my emails & don't communicate with me at all. Awesome experience . For this reason, you must have a passion and interest in learning the forex trade. No issues and always on time. Lastly, the Profit Split is another attractive feature. Date of experience: December 06, 2024. com legit? It's definitely questionable. FTMO has 5 stars! Check out what 16,842 people have written so far, and share your own experience. There are forex currency pairs, indices, commodities, stocks, and cryptocurrencies. To qualify for a funded trading account at FTMO, you must complete three steps. They are the gold standard when it comes to prop trading firms. First, it has been operating since 2015 and has built a strong reputation, having paid out over $160 million to traders by 2023. FTMO Review | Conclusion In this FTMO review, we conclude that FTMO is a great platform for day traders to use to hone their skills and become successful. This eliminates the risk of losing personal capital. Trust the Is FTMO Academy A Scam? FTMO Academy is NOT a scam. FTMO is scam or legit?. ftmo. Was surprised when the transfer hit my account wasn’t expecting it, but it’s legit. Part 1 of my FTM0 Q&A. FTMO Challenge: This initial stage tests a trader’s skills and discipline to meet specific goals. These two processes are separate and in no way is the FTMO Trader FTMO is a prop trading firm that specializes in Forex trading, and has won several awards in the field. That’s why, I can’t recommend this program to anyone that’s now willing to risk losing what they put in. Is FTMO legit? You might be wondering if FTMO is legit or not. I've also written to them on telegram but We know that reputation is the most valuable aspect of this business and the best way to find out whether a company is legitimate is to simply look for reviews online. Date of experience: December 17, 2024 FTMO Prop Firm is legit and offers wonderful experiences. No "gotcha" moments or stupid fine print rules. This question gets asked about every prop firm for two main reasons. When you pass each stage, the upgrade to the next stage is seamless, eliminating the need for any follow-ups. Is FTMO a Legit Company? Yes, FTMO is a legitimate company. thesimpletradingedge. Specifically, I passed 2 rounds of testing and verification, I just received the funding round, they offered tougher terms, specifically 1% risk level, then gambling transactions. Valid. FTMO is the most reliable prop firm for obtaining funding. Is FTMO Legit? FTMO is registered in the Czech Republic and, while it does not hold any licensing because it does not offer brokerage services, it is generally regarded as relatively secure due to its operation within an EU nation where financial activities are managed with greater precision. Although not regulated, FTMO ensures client safety by offering demo accounts, where Is FTMO Legit and Safe? FTMO is a Czech-based company with an excellent reputation. Also, the firm goes well out of We know that reputation is the most valuable aspect of this business and the best way to find out whether a company is legitimate is to simply look for reviews online. Then comes the FTMO Account, the real deal, where traders can manage up to $400,000 of the firm’s capital. I switched to futures to avoid awkward spreads and slippage because I trade on usa indices . FTMO is an excellent proprietary trading firm for forex traders. This review covers account types, leverage, FTMO Challenge rules and more. there are 50 prop firms operating as of now , but no firm can match track record . 9 stars on TrustPilot, making it one of the best-rated prop firms on the market. In summary, FTMO provides a legitimate avenue for skilled traders to pursue a trading career and potentially earn a substantial income. Please try to select the correct prefix when making a new thread in this folder. Since the year 2015, FTMO has provided FTMO Accounts to innumerable number of clients. FTMO is one of the leading firms in the forex prop trading space with over 6000 new members joining in 2020. darthdimsky November 27, 2021, 2:49am 2. Prop Trading Account Types FTMO has 5 stars! Check out what 16,751 people have written so far, and share your own experience. FTMO traders received over $23,000,000 in payouts in 2021 with an average payout processing time of 8 hours. FTMO Experience . FTMO companies do not act as a broker and do not accept any deposits. CA. Various Trading Platforms: FTMO traders can use different trading platforms, including MT4, MT5, cTrader, and DXTrade. It signals that the business is best defined by the following tags: Standard. Furthermore, to make it In this FTMO review, I’m taking an in-depth look at the firm, a leading proprietary trading company that has gained widespread popularity among traders around the world. However, this can be increased to a remarkable 90: Scam platform, Save your money please. FTMO Review Summary. The company’s track record, transparent business model, and rigorous evaluation process suggest that it is a credible player in the Forex trading industry. FTMO funds the accounts and then allows their proteges to trade within them. Professional and Transparent Resolution. Ftmo traders took money from me early April promising to complete my challenge. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. Ive been with them for 2 years. It’s a legit training program that promises to teach you how to become a better trader. You'll also learn how to detect and block When I was trading cfd about 2 years ago I chose FTMO, the company are legit they pay what they promise. com a medium-high trust score on the platform: 75. This Evaluation Process consists of an FTMO Challenge and a Verification and is specifically tailored to discover trading talents. If you are still considering whether it would be a wise idea to deposit any money with FTMO or not, better read the following lines. The scam platform is manipulating the price. Unlike most prop firms, FTMO does not place restrictions on news trading, acceptable trading strategies, or a profit target at the second stage. FTMO Prop Firm is legit and offers wonderful experiences. A total of $29,000,000 has been paid out to traders on the FTMO is reputable. I recently faced an issue with FTMO regarding the maximum daily drawdown limit (DD). 24 Sept 2024. They claim that they don’t provide trading services and that they don’t accept deposits. However the pros far outweigh the cons What Makes FTMO Standout? Unlike its competitors, FTMO is well organized and appears to be truly focused on their clients (traders). Company activitySee all. Our in-depth FTMO review will cover the basics of the brokerage, including trading terms and a lack of a license. It has also earned recognition from major awards like Deloitte’s Technology Fast 50 and EY’s Entrepreneur of the Year, further boosting its credibility. My experiences during both the challenge and the live account phases have been excellent. 1 review. Scam platform with dream opening prices was almost funded and they put the opening price $200 above the real price on US30 for no reason an liquidate all my positions lost over $7000 due to their scam In this eye-opening video, I share my personal experience with FTMO, a well-known Forex trading company, and the shocking ordeal that cost me $22,000. 8. Financial backing; Profit sharing scheme; Risk management support; Educational However, after thorough research and personal experience, it can be concluded that FTMO is not a scam and is a legitimate prop trading firm. Is FTMO legit? Questions I’ve been consistently profitable for some time now but the lack of capital is holding me back, I’m thinking about going for the ftmo challenge but hesitant after hearing about prop firm scams Are there any issues you guys have faced with them? FTMO only provides services of simulated trading and educational tools for traders. In fact, its not a stretch to say that this is perhaps one of the highest rated prop firms out there — by a wide margin. First, there are, indeed, some less-reputable companies Is FTMO Legit and Safe? FTMO is a Czech-based company with an excellent reputation. While success is not guaranteed, those who demonstrate trading discipline, a well FTMO is legit and is a great option for traders looking to get funded and get a nice monthly payout. 9 out of 5. Overall, FTMO is a legitimate platform with the potential to be lucrative for disciplined and well-prepared traders. Previous 1 3 4 5 566 Next page. Is sso. After all, there are many scams and frauds in the trading industry that promise unrealistic returns or charge hidden fees. An FTMO Account is a fully replicated account with accurate market quotes mentioned from liquidity providers. If you are willing to put in the time and effort required, then there is a realistic chance of making a 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 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. In fact, it’s not a stretch to say that this is perhaps one of the highest-rated prop firms out there — by a wide margin. However, it’s important to thoroughly review the rules and requirements before Is FTMO Legit? Absolutely. They’re transparent about their fees and have a solid track record of paying out profits to successful traders. PP. In the world of proprietary trading, numerous firms claim to offer traders the chance to access significant funding and earn Is FTMO Legit and Safe? FTMO prioritizes the trust and security of its traders through several key measures. You don't get his logic, because you apply the same rules to a private account. I’d also answer the same way if I were asked to provide proof as well. 🥷 Join the waitlist: https://join. Is FTMO a scam or legit? What trade copier do I use? What are the rules? News and trade management, are just a few of the questions I Old is Gold. Is FTMO a scam or safe? The FTMO system is safe and works if you apply proper risk management consistently over time, but it is not real money, only leveraged. Date of experience: December 14, 2024. 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