Ftmo premium reddit. It's way quicker than building up your personal account from 150 to 10k. So this how the first FTMO payout went. Among these innovative approaches, Smart Money Concepts (SMC) has emerged as a compelling force. Ziskovost Aktivní účast na úrovni Prime po dobu 3 měsíců s alespoň 3 výplatami a ziskovostí 4 % na výplatu na FTMO Accountu ve výši 400 tisíc USD. FTMO has 5 stars! Check out what 13,593 people have written so far, and share your own experience. If you have $1000, that's the exact same as having a $10,000 FTMO account; if you lose $1000 on an FTMO account of that size, they close your account. I've done challenges on both and I personally prefer FTMO. FTMO is legit and has been around for a while. IMO, MFF only beats FTMO with better evaluation requirements. 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 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. Can't go wrong with FTMO. Sorry OP but that's a dumb question. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. which is more than enough to pay out the traders that do make money (90%+ loose) Congratulations! You’ve hit more than the target profit in 2 days and with only 7 trades! Great feat! Shows that waiting for your perfect setup and being disciplined while waiting is the key. No issues. Yes , I keep it in mind however one question I still have if I'm in gains of let say 1k , does the daily loss self adjust? Another question is about hedging a trade but from my experience they would still consider the hdged loss not the winner ,so for this experience I won't be hedging my trades 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). Welcome to FXGears. S. 1%-0. - To be with other like-minded forex traders. There are 4 different challenge accounts you can pay for: $10,000, $25,000, $50,000, and $100,000. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. They would promise to fund your trading account with any of their chosen brokers (mostly small brokers located in Cyprus), for up to 100 thousand dollars leverage, but only if you first pay them a certain amount of money in advance for a demo. Orcale EA Running the exclusive premium XAUUSD set on this FTMO Challenge, £6. com, a trading forum run by professional traders. Then you have to complete the challenge where you have to make 10% in one month while adhering to their drawdown conditions. Always payout, every time. Commissions/spreads are low and competitive. Ftmo is good for scalpers and you need luck because is kinda hard to make 10% in 30 days without luck. That's true. -Share FUNNY Trading It's a huge improvement for day traders at least. FTMO only lets you trade CFDs, which is illegal in the U. Advancing to another step demonstrates commitment and talent, leading to an FTMO Account with fictitious funds of up to $200,000 in a demo environment. Searching for it online is a waste of time. anywayofcourse a prop firm is better than your own account for sure because with less money you can gain more Posted by u/rossquincy007 - 11 votes and 3 comments As you may have seen ftmo recently announced they're bumping up profit split from 70:30 to 80:20 as a holiday treat for passing traders. But is this concept, born in the digital age, really worth the attention of investors and traders? This […] 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. FTMO. professionalism ,longevity of FTMO. Now we can trade through high impact news and hold runners over the weekend if we want. Same thing happened with my first ftmo challenge, I was £700 in profit. I said August because I'll have a whole week off in August. The real question is do YOU have a consistent and profitable method? That is the real question. 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 then go to lower TFs one after another and see further levels of S&R that Advancing to another step demonstrates commitment and talent, leading to an FTMO Account with fictitious funds of up to $200,000 in a demo environment. with FTMO you can get a practise account and test fills , spreads for 14 days. Read our full in-depth FTMO review and compare it to other Forex brokers before deciding if FTMO has the features you are looking for in a Forex broker. Terms & Policies FTMO can only handle 2,000 SL/TP modifications, so maybe Before I insulte you I will let you know I’m from Switzerland so not native English speaker. Got to give it to FTMO. Now let me flame the f out of your cocky ass. There's no such thing as a prop firm that isn't a scam, because they show you numbers that you don't actually have. No "gotcha" moments or stupid fine print rules. FTMO is a prop firm, you can pay a fee to be evaluated to earn capital (10,000 Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. I still think FTMO is a great short term idea. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. 1% with FTMO and +4. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. 25% per trade with Mentfx since they have unlimited time per challenge, as opposed to 2% per trade with FTMO's 30 day limit. Special certificate for your achievement. there are 50 prop firms operating as of now , but no firm can match track record . For swing traders, it's a great improvement too once they actually get the funded account. Thanks for reading this FTMO review. Spread on limit orders is also rediculous. 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. And still, I would be way more stressed out having a drawdown period on my personal account than on a FTMO account. Do my statements make sense? If yes, why would anyone not go for a swing account?. Do your research but so far, my experience with MFF has been great. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. Same here. I got upset that I closed the trade too early because I would have passed my ftmo challenge in that trade. Hello, good day everyone. as long as you don't resort to shady practises and align your trading style with them , you are good to go. Damn thinking back I was smart af. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. 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! 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. FTMO will look at their net exposure and adjust it at the portfolio level if it’s too risky. Anyway, I linked the two accounts to my trade copier, and the exact same trades have resulted in +4. I guess that's where personal preference comes in because I'm perfectly fine with risking 0. The main reason is rules and laws. Exclusive discounts: 10% off all new purchases of FTMO Challenges and 15% off at the FTMO e-shop during the Premium Programme. I'm not worried about the 5% daily drawdown limit, I know how to avoid that. seems like you guys have not understood how ftmo works. Our FTMO Challenge is the first step of our Evaluation Process. I took a 2. 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). 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. But for the challenge, they're faced with the same problem as before. 5% with the 5%ers, all due to the spreads. 5k FTMO without second thought. 00 lot trade and that started the losing streak. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly as, in the future, we can use your simulated trades performed via the FTMO Account when trading on our own account on real financial markets. In the other note I believe in every single one y’all who are trying to make a change. Competition in the space makes everyone better off! Now is the time to take advantage guys ftmo profit split update The issue here is that you see all the 'success' stories and no failure stories. so let me clear things up: your trades never get placed in a real market. Their challenges are a bit tougher than My Forex Funds where I'm currently funded. The difficult thing for me will be reaching the 10% profit target. 8 - Win rate of 55-60%. Yet FTMO will soon become my main source of income, but you do you🤷♂️ My concern isn’t taxing as self vs LLC the real concern here is how to account the foreign income for tax purposes. - No challenge was done in a day or a single lucky trade, all trade has clear risk and SL. If you read what op said in other comments you would know he didn’t request a withdrawal but FTMO still send this to everybody who reach the date of their profit split but didn’t made money. I backtest a lot on TradingView, and also analyse on TradingView before looking to take a trade on MT5. You have to be profitable to be able to make money on their Bem-vindo ao Programa Premium da FTMO, onde traders de elite têm acesso a benefícios e recompensas excecionais. I can demo trade just fine, I passed 3 ftmo trials one after the other. 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. Took alot of shit from other people. 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. 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. The challenge consists of trading with a virtual account for 10 days, with a specific set of rules and conditions. 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. 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. 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. Ftmo might he the next go seem ok just different targets tge 2% extra might take one or 2 goes however finish the month in profit and you get a free retake. -ftmo's business model is based on the failed challenge fees. FTMO is a company based in the Czech Republic. Access to the unique $400K FTMO Challenge product. com/en/premium-programme/ more. A dedicated customer support agent to assist Prime Traders. I can go on and on but mff wins 🏆. Trying too hard and studying too hard has diminishing returns and is counterproductive. And even extra 10% more for those qualifying under the scaling plan. FTMO does have some downsides though the biggest being the news restrictions. You will never have worry about a "MyForexFunds" moment w/ FTMO. Swing traders can go through a multi-month drawdown even with a profitable strategy, b Step 1 – FTMO Challenge. You only need to pass 8% in the first round and 5% in the 2nd to get funded and drawdown is 12%. I want to take the FTMO challenge for a swing account in August. I have been trading since 2020… Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. 2k up 🚀 Now you can get this EA + HFT EA for only 500$ Message us on… You initially pay for a challenge account. 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. Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. https://ftmo. The hardest part for me is the psychological aspect as I can't find myself to stick to my original plans when going into trades. Trust the process and don’t give up. even if it's just a simulation. 242 votes, 229 comments. 5-1. With FTMO, after 2 months of consistent trading you can have that capitol to trade with. Nov 17, 2023 · In this video we will do a deep dive into the newly released Premium Programme by FTMO. FTMO is legit, and I assume they have a lot of very successful traders. Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. 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. 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. O programa tem dois níveis principais que pode atingir, com a possibilidade de alcançar o terceiro nível. 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. Even on Gold I notice there spreads can get a little high. M1 is made for those looking to build their wealth using powerful automation and topflight rates. com's Reddit Forex Trading Community! Here you can converse… Welcome to FXGears. . When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. 😕 Customers from the US are no longer welcome. That way I can be at my computer whenever I want. However, before you can do that, you need to pass their challenge. Getting fucked on market orders hard. Savings are hard to come by because FTMO doesn't give them out very often. In the ever-evolving realm of finance and investing, the rise of the internet has sparked a wave of modern trading concepts and strategies. 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’m in Canada, after long discussion with my accountant, I found the best way to do a job remotely and get paid from foreign source is to treat this income as export business. I just waited until it came. I’m not sure ftmo suits low time scale scalping. FTMO's 70/30. As I'm wrapping up with my FTMO challenge, one thing I would like to know but cannot find any information on is once you become an FTMO trader, what happens at your monthly profit split if your account is in a slight loss but you haven't breached any of the drawdown rules during that month? Say you end the month at $199,000 on a $200k account. 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. Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to subreddit for discussing everything related to stocks, trading, and investment strategies. My strategy is fairly simple to be honest just carry out top-down analysis see where the major levels of support and resistances are and where the general trend is to give me a bit of a bias. People bitch about higher cost and FTMO being 'plain jane' without all the bells and whistles, but that's what makes them great. 331K subscribers in the Forex community. Reply reply [deleted] I did not contact support. Was surprised when the transfer hit my account wasn’t expecting it, but it’s legit. On FTMO's YouTube channel, I was watching one of the videos about the process and they said in the video that you don't need to contact them because they already know your account is ready for the next step. Why FTMO funded account trial is a dangerous trap for you. The leverage is only 1:30 instead of the usual 1:100 however it is easily compensated by trippling your lot size. M1 lets you earn, invest, spend, and borrow all on one financial platform. Just a heads up in case anyone was looking at doing the challenges. egdymptssqyeklupyvecwuwsnexxfttmipzajbeabuexzulpxrohcwnkqr