Ftmo premium reddit. You can get $400k per account.


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    1. Ftmo premium reddit The best prop firm besides FTMO AID The Funded Trader In my option. MyForexFunds is a prop firm out of Canada with similar challenge parameters as FTMO. Their challenges are a bit tougher than My Forex Funds where I'm currently funded. FTMO without second thought. I like what ftmo is doing. I’ve failed ever since , (spending almost 20,000$)till now this year I’ve been profitable . There are some news event which you run the risk of violating your account if your SL or TP gets hit within 4 minutes of the news being released or something like that (2 mins before and 2 mins after). But to your point about increasing from $140K to $300K: are you seriously proposing that a reasonable person, acting prudently, would let $160,000 sit in a a non-intrest-bearing-account if there was the slightest chance they may never receive that money? So lets do simple maths. FTMO recently blocked new and existing US clients from purchasing new challenges or trials. My equity curve: https://ibb. Orcale EA Running the exclusive premium XAUUSD set on this FTMO Challenge, £6. Now they have removed US clients access to MetaTrader and are pushing DXtrade instead. Looking for a new prop firm after MFF has been dumped. This past 30 days I tried my 3rd FTMO challenge of the year after starting forex back in April and I just passed the 2nd stage verification. that means 100K x 30 = 3m to trade with. Despite being a demo, FTMO Traders can get reward of up to 90% of simulated profits without risking their capital and access exclusive opportunities, including FTMO Premium Programme. There is no simulated profit due for withdrawal. Also, for those who have taken the FTMO funded challenge, what are some other things to look out for? I know these challenges can be tricky at times. Hey does any body know which chart on Trading View is most similar to the Dow Jones one used by the prop firm Ftmo? I noticed some slight difference when entering my trades like the I get an earlier entry or sl or tp hit. I used to commented on youtube about how bad the slippage and spread was on MFF so I used FTMO even though FTMO is harder. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. If u pass the challenge you get funded with their money. yea most of the people go there because they see 80% profit split and they are like: woaabut you have to think on long term. 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. Hello! I already passed ftmo demo trial for 14 days for 3 times already. The programme has two main levels that you can achieve, with the possibility of even reaching the third level. Both verifications took me more than 30 calendar days I believe slow and steady is the way to go with ftmo. The reviews and testimonials are all 100% organic. No, in order to apply for the Supreme Status, the $400k FTMO Account must merged only from at least two $200k FTMO Accounts or one single $400k FTMO Account. So this how the first FTMO payout went. I think it might be prudent to set reminders up on every FTMO pass thread and ask the OP how they are going after 3-6 months. So you can be fully funded at a max of 400k while still having an infinite amount of inactive accounts to use as backs up's if this bad situation were to occur. Took me several challenges to pass but all worth it. None of the people that fail post anything up on reddit because there is no point, while the people that succeed (which is a tiny %) are on here having their 15 mins of fame before 99% of them inevitably lose the account which they attained through luck rather than actual trading skill. O programa tem dois níveis principais que pode atingir, com a possibilidade de alcançar o terceiro nível. I can demo trade just fine, I passed 3 ftmo trials one after the other. Se o Acordo de FTMO Account for assinado com sucesso, é-lhe dado o direito de utilizar a sua FTMO Account num ambiente de demonstração simulado com fundos If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". Once you have 10k of your, you can trade using your own capital and keep 100%. Trust the process and don’t give up. Funding talent, they basically offer everything as ftmo but instead of making 10% and 5% for challenge and verification, you only need to make 8 and 4 while the max and daily drawdown remains the same. it don't help you with nothing if Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. It's interesting we got the same strategy, I'm totally open to collaboration and sharing ideas. You'd have to do some sort of modification. If they pass, you pay. You can also explain to the bank what FTMO is with a well written letter. 2k up 🚀 Now you can get this EA + HFT EA for only 500$ Message us on… Welcome to FXGears. Hi all. I’ve hopefully learnt something from all the pain however. com's Reddit Forex Trading Community! Here you can converse about trading ideas… The unofficial subreddit of CircledIn. 800$ 4. Posted by u/rossquincy007 - 11 votes and 3 comments FTMO is legit but definitely avoid non reputable too good to be true prop firms and look at the broker they use too…that doesn’t mean I haven’t ‘wasted’ literally thousands upon thousands on challenges with ftmo. If you pass it, you get funded. 18 votes, 49 comments. Now, my hypotesis are 3: They are really professional traders (very unlikel, maybe 1 out of 1000). This means that they can generate 10% per month on base capital = $800 payout after FTMO keeps 20%. anywayofcourse a prop firm is better than your own account for sure because with less money you can gain more If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. Took alot of shit from other people. Hey guys, Currently I'm doing the FTMO challenge and I got to the profit target. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. Damn thinking back I was smart af. As long as your trading is legitimate (in line with proper risk management), conforms to the real market conditions, and does not resemble forbidden practices, we have no reasons for limiting or restricting your trading strategy, whether it’s discretionary trading, algorithmic trading, EAs Hey guys I didn't break any rules in FTMO so the first day I lost 450, and today -470 on a 10k account I'm currently 9/030 will I get a free retake… True that they keep you on sim longer than you think. I dont have any time limits, just need to make 10% no matter its in a few days, or few weeks/months. Obviously ftmo is the next biggest competitor. I've literally just done this with my personal blackbull markets account and copying to an ftmo demo challenge. But yea , I would say 4 years to experience the level of knowledge right now yes ofc they could get lucky, i think thats why they put the verification stage in as the 2nd stage, because then you would have to get lucky twice (albeit the 2nd stage is a bit easier) And yes spreads are quite high, or at least higher than my other broker, makes it more difficult if you trade ltf's, but wouldn't make a huge difference on mid-htf 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! Hi, so I was wondering if it's possible to trade FTMO using a Tradingview account? 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. -Share FUNNY Trading Ftmo support answer: We plan to honour all our commitments to our clients. 5% with the 5%ers, all due to the spreads. Any bad experiences? ok let me tell you this,how i got my account violated how they scam me,,i have proof. We express our warm welcome to our new FTMO traders. You have to be profitable to be able to make money on their Welcome to FXGears. Ftmo is good for scalpers and you need luck because is kinda hard to make 10% in 30 days without luck. Do your research but so far, my experience with MFF has been great. Assuming no blowout, in an year one would have generated $9600 or roughly the same capital FTMO is providing to you. I looked over the new features today and they seem like a legit way of pushing traders to look more toward the longterm since you have a pretty good track record to qualify. 5k Sorry OP but that's a dumb question. Terms & Policies FTMO can only handle 2,000 SL/TP modifications, so maybe Not likely to work as FTMO has explicit rules against multiple accounts making the exact same trades. So, I’m looking for insight on Top Tier Trader and Thinkmarkets broker. Taking partials is not the same in trading view account. FTMO has a dashboard that lists the times that the news will be released. 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. Trader Nabeel putting the emphasis on proper journaling […] Posted by u/jeeboi4738 - No votes and 1 comment Please leave your thoughts in the comments. with FTMO you can get a practise account and test fills , spreads for 14 days. I got upset that I closed the trade too early because I would have passed my ftmo challenge in that trade. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. Ftmo is a prop fund and u pay a fee to participate in a challenge. Confirm with FTMO though, but I believe this would be the best option for you regarding flexibility in payments and getting the money locally to yourself. 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. I still think FTMO is a great short term idea. Competition in the space makes everyone better off! Now is the time to take advantage guys ftmo profit split update 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. I'm taking the free trial & will take the challenge after. 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. 331K subscribers in the Forex community. They need to understand that you are a self employed proprietary traders who uses FTMO’s capital to trade. This feedback is very valuable to new traders or those seeking some trading motivation. However, before you can do that, you need to pass their challenge. Take a look into how they managed to score the FTMO Challenge and what methods they used to pass our Evaluation process. Was surprised when the transfer hit my account wasn’t expecting it, but it’s legit. I have been trading since 2020… Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. FTMO is legit, and I assume they have a lot of very successful traders. You can get $400k per account. Trading is hard. 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. The official CircledIn subreddit can be found at r/CircledIn_Official With FTMO, to get your 70% profit share, you have to invoice them, which I would do from my LLC (once I create it). Unfortunately, many are not quite right and many are misleading. Yet FTMO will soon become my main source of income, but you do you🤷‍♂️ Welcome to FXGears. Even your first couple payouts are likely on sim, just paid out of their cash reserves. . Anyway, I linked the two accounts to my trade copier, and the exact same trades have resulted in +4. There is a staggering number of people out there that sign up for prop firms, fail, sign up again, fail again, over and over and over. I’ve passed 2 test so far but manage to stay positive 4 payouts till I violated the rules by greed . Regarding account management, MyForexFunds put out some interesting statistics about their traders a couple of months ago. Maybe they can write something for you that can satisfy the bank. As for what prop funds are, google it. Learn about ftmo in 2020 . Glad to hear from a fellow trader. You can lose 10% on FTMO with 10% target, so you have to double your account. I would contact FTMO and explain your situation. You only need to pass 8% in the first round and 5% in the 2nd to get funded and drawdown is 12%. I over traded and just went in complete denial over the fact that I had just lost a substantial amount. 00 lot trade and that started the losing streak. The current situation is not impacting payouts or other services that we provide to our existing clients. For me ftmo is not the right firm, it has some huge rules in my opinion. The challenge consists of trading with a virtual account for 10 days, with a specific set of rules and conditions. 11 votes, 36 comments. I dont see why it isnt great for someone who wants to trade. firstly i already pass the 10% challange and 5% verification,,on 14 july i make about 660usd thats mean i have max daily los is 5600usd. The first trusted platform for members to group together & save together. FTMO basically, made a two-step process to check out your trading performance. which is more than enough to pay out the traders that do make money (90%+ loose) You don't get his logic, because you apply the same rules to a private account. FTMO will look at their net exposure and adjust it at the portfolio level if it’s too risky. I took a 2. 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. Same thing happened with my first ftmo challenge, I was £700 in profit. While it is exciting to see the amount of FTMO passing going on, I need to be a buzzkill and remind you that the majority of people fail those challenges and just keep taking them until they pass. Yeah im feeling stressed when there are time limits. Thats why i bought a challenge on the funded trader recently. A couple things to note. If you can make 10% on FTMO for 5 months, on your private account you will have: Month 0: 100$ 1: 200$ 2. I should add I have also passed a few times too with them. 2m. Sep 26, 2024 · With features like an FTMO Challenge, Performance Coaches or Premium Programme, it’s designed for traders aiming to sharpen their skills. instead if you buy Personal account with 500 leverage in that same amount then you get $4500 x 500 = 2. 1600$ 5. seems like you guys have not understood how ftmo works. com's Reddit Forex Trading Community! Here you can converse… Bem-vindo ao Programa Premium da FTMO, onde traders de elite têm acesso a benefícios e recompensas excecionais. 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). i have So to them, it is a completely risk free business. 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. Should I go for it na ba? The only hesistation for me in mind is yung money na idedeposit ko for the real challenge lol. Welcome to FXGears. A relação entre um FTMO Trader e a FTMO baseia-se no Acordo de FTMO Account que assinaremos consigo depois de passar o seu FTMO Challenge e Verification e criar a FTMO Identity. What happens if you blow the 100k funded account out of curiosity? If you watch some ftmo interviews on YouTube you will easily notice how little experienced are some of the guests. FTMO is legit and has been around for a while. Any advice? I want to take the FTMO challenge for a swing account in August. Today i finished my first phase of my 100k Challenge. I'm not worried about the 5% daily drawdown limit, I know how to avoid that. so pretty much same amount. The real question is do YOU have a consistent and profitable method? That is the real question. If they fail, you are still out FTMO's challenge fee. Also, FTMO is managing their entire portfolio risk, so in your hypothetical example, there are likely a lot of traders with those positions (not just two) and all those positions offset each other to varying degrees. As promised yesterday, I applied for a paid challenge to publicly assess the FTMO challenge and resolve once for all all questions about legit or not… I’ve learn the basics in iml back in 2019 . Trying too hard and studying too hard has diminishing returns and is counterproductive. com, a trading forum run by professional traders. correct me if I am wrong You get 100K account for $4500 with leverage of 1:30. Additionally, you need close any open positions on the pair it'll effect . I personally won't go there because of it rules (In my opinion ftmo forces traders to fail) and that 80% profit split make trader wanna try, but that split is not important at all. I said August because I'll have a whole week off in August. I mean really, why the hell would they pay you for giving them the same info as others? You're not trading with FTMO. 3200$ Same here. after i close all positions in loss the account matrix tell me i have about 200usd left max daily loss. The difficult thing for me will be reaching the 10% profit target. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. If i make 10% return 30% of that goes to ftmo. The platform offers access to various assets, including Dec 1, 2023 · FTMO's Premium Programme is designed to provide traders with access to an FTMO Account with up to $400,000 of fictitious capital, allowing them to trade without the actual risk of losing their money. And even extra 10% more for those qualifying under the scaling plan. The 2 major drawdown periods are plain and simply my fault. 242 votes, 229 comments. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. If you set a sell/buy limit in the opposite direction in trading view it will copy over the sell limit to the funded acco 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. No need for FTMO. I dont know how i didnt remember that sooner, ill backtest it on a demo. Currently undergoing the FTMO 10k Challenge phase 1 and safe to say I'm still in it. 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. Which instruments can I trade and what strategies am I allowed to use? Your trading style is up to you. 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! 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. co/R6FLGqR (edit - it's not actually equity curve as it shows only the profits made and not the account balance) Just wanting to know what various things are like on FTMO such as : Spread : order fills : payouts : challenge difficulty : customer support And anything else you guys think I might need to know and whether using FTMO to build my capital instead of live account is a good idea Any help would be great thanks :) 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. I'm very proud to have just complete my FTMO challenge and I will share one of my favorite setups that I took to finish the challenge as well as 2 other examples of this setup that happened recently. 1% with FTMO and +4. My question is if any of you guys who have passed the first… 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). If you usually make 10% in some days as gamblers do, yea then it is worth it, but if you take trading like a business and professionally then is not worth it. My first account scaled up 25%, and now the merged accounts are about to scale up. Should be able to use a TransferWise (soon to just be called "Wise") account for USD and GBP payments. there are 50 prop firms operating as of now , but no firm can match track record . Ftmo is a scam Ive had so many slippage mishaps with ftmo where they literally will widen the spread just to hit yoir stop loss it happened literally 75% of the time with ftmo compared to mff. 400$ 3. That means i get 7% which is 7k. 365K subscribers in the Forex community. Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to subreddit for discussing everything related to stocks, trading, and investment strategies. 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. I can go on and on but mff wins 🏆. In case the situation develops differently, everyone will be informed accordingly. Hey guys. - To be with other like-minded forex traders. 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)? FTMO. 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. Got to give it to FTMO. (Just gotta wait 5 more days to complete the 10 day requirement) I’m so excited to start. I see it this way: I get for this example lets say i have a 100k ftmo acc. FTMO will allow you to have an unlimited amount of standby/inactive accounts for this very reason. Even harder for swing traders. Here are my findings: WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. Also, please note that the merged $400k FTMO must go through the Prime Status first in order to be eligible for the Supreme Status. In the other note I believe in every single one y’all who are trying to make a change. -ftmo's business model is based on the failed challenge fees. 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. The issue here is that you see all the 'success' stories and no failure stories. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. It sounds simple but please don’t underestimate it. FTMO official response: Hi there folks, thanks for your 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. The combined FTMO Accounts need to be at least at their initial account balance to be merged and meet the following conditions: The FTMO Account is not in drawdown. So far so good, but I got there in 8 trading days instead of the minimum of 10 trading days. and 7 minutes they update they say i violated the rules. Welcome to FTMO's Premium Programme, where elite traders gain access to exceptional benefits and rewards. The max daily loss is the thing you need to watch out for. That way I can be at my computer whenever I want. If you would like to combine your individual FTMO Account into a single master FTMO Account, we can do so upon request. Premium Cell Phone Plans without the Premium Prices. tnbcia egwst lgyu mime bqatit hzahdp vjiyk cadb vwqdy fbetr