Ftmo payout reddit When you are choosing a payout channel, a new option will appear, called Crypto. That means only 2% make it to the funded stage. Please let me PAY you and learn After passing both phases of the account challenge what are the requirements to actually receive your first payout and how long does it take to receive? I’m aware some of the other firms have a required amount of trading days as well as a 30 day minimum before you can actually be eligible for a withdrawal, what’s FTMO’s stand point on this. Reply reply cryingassass • It honestly sounded too easy Reply reply prayandplay • FTMO pays •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. One person I know says that FTMO is a scam and trading options All of these companies when they talk about the payout, if you look into it, Welcome to FXGears. The scam ones may pay out small amounts, but will make up every excuse on the book not to pay you big pay outs. The only time I failed the test was when I waited too long to cut off a If I understood them (because their website is all over the place), it's x$ a month, but only for v days, after which it's y$ a month, but if you pay it from your trading profits its z% off, and you will always pay 20% on what you make. Does not requesting a payout mean you can compound the account if you’re up in profit on it. From MFF side, it was fast. Q&A. I divided the list into two parts to show I think The5ers and FTMO are the likely the most trusted sources. After these 2 I’ll be trying FTMO, but after that everything becomes more questionable. com hosts and moderates our chatroom, At the age of 19, he had a payout of $76,000. I get to pocket the last 40%. 5k drawdown so not technically 50k) for 140$. I can't stop recommending FTMO. With full understanding that there is absolutely zero guarantee on any trade whatsoevwr. Or will they force a payout 3% of account size profit per payout (FIXED) Under Refund Policy Contract Offer: 5000 USD (one-time fee) Accept challenges in any drawdown Sign a contract before hire. This is why you only stick to the top prop firms who you know are legit 389K subscribers in the Forex community. Very beautiful effort by you. I spent time reading through them, but found lots of random comments, making it an overall inefficient way to research FTMO. com's Reddit Forex Trading Community! Your own prop firm No, but seriously why do you need a “fast” paying prop firm, it should be looking at quality. FTMO have I great Support Team and highly reliability. Even fewer percentage (0. This is basically impossible in ftmo due to their spread. It's CRAZY. 000, they will payout the profit split every month or at the selected profit split date. I recommend that FTMO is number one Modern Prop Trading Firm. The Reward from an FTMO Account is processed on a monthly basis by default, with the option to place a withdrawal on-demand after a Monthly payouts have moved from an average of 305 in 2020 to 1,713 payouts in one month in 2023 (we then sent 2,753 payouts to our clients in January 2024 alone). I've been reviewing my trades. Am I gonna get suspended in the future? I'm almost through the 200k challenge and my consistency is looking promising. FTMO should at least send a follow-up email after the payout has processed on what to expect next for the next month. I have traded at FTMO Trial failed one but passed twice. 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. FTMO or any Forex funded account for that matter, is not worth your time and doesn't make you any money in long-term. , or specific regions of Ukraine. With FTMO, investors can trade various instruments, such as Forex, 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. challenge soon, I tried the 100k demo account and I'm doing good so far (2 weeks in). 1 review. They're handling my account now and take another 40%. Open comment sort options. The current situation is not impacting payouts or other services that we provide to our existing clients. Quinton Jackson . I just wanted to know if FTMO is still worth it. Restrictions also apply to Yes FTMO does payout here’s a payout from a good friend of mine who is max allocated with FTMO. And of those funded 50% blow the account before the first withdrawal 😂. sometimes accidentally placing the same stop losses. so does anyone know if trading forex with their capital is legal for an Indian Skip to main content. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, Do you want to enjoy your profits from trading on the FTMO Account this Christmas? Then you should pay attention to a few details about processing payouts and invoices, If they specify the bank transfer option, the payment MFF has the option of crypto payout (you can transfer to binance wallet i believe but havent tried it) or local bank via Riseworks. There are 4 different challenge accounts you can pay for: $10,000, $25,000, $50,000, and $100,000. com's Reddit Forex Trading Community! Hi guys , I've been trading for 3 years now and I'm getting ready to do the ftmo funded. After getting funded I ignored the trading plan and my psychology was in shambles. Reply reply [deleted] • You always pay premium for best service. com, a trading forum run by professional traders. I’ve failed it and failed to keep up with the requirements which got it closed. Payout Schedule: Payouts can be requested every 14 days, up to 60 days after the first trade. 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. For FTMO: 10d for challenge. 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 FTMO Payout Rules. 4m over the same period. I have 2 questions: 1- When have you received your account after passing the challenge? 2- When do I receive the refund for challenge & how do I receive it? Side note: I have tried 7 prop firms since last year. Why pay them for this practice phase. com's Reddit Forex Trading Community! Here you can converse about trading ideas 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 $1387 90/10 split not available at the start first payout is some time after passing (not on demand) But as you can see here on reddit most of them claims that FTMO is the most expensive among all. P. Whoever came up with FTMO, you are a business genius. ETF is 80$ a month. April mit dem Handel beginnt, steht der erste Gewinnaufteilungstag am 15. I’m working towards being maxed out with MFF then I’ll work on FTMO too. The FTMO Reddit reviews are also generally positive. Mugi from mongolia. When you are able to trade with your style, in View community ranking In the Top 1% of largest communities on Reddit FTMO Payout Bounce Back If you want to dig deeper into the customer ratings, you can read further on FTMO Reddit reviews. You can withdraw your profits in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), USD Coin (USDC on ERC20 Network) and Tether (USDT on TRC20 Network). No limit on challenges' equity size Account Mamagement Partnership 80-20 8% of account size profit per payout (FIXED) In the prop trading space, FTMO is a leader - and for good reason. At FTMO we have traders from almost all over the world. Log In / Sign Up; Advertise Made 19k in my first month from a 1k starting account trading ES on ninjatrader. The programme has two main levels that you can achieve, with the possibility of even reaching the third level. Yet, there are some additional payout rules and details you should be aware of: First Payout: You can request your first FTMO payout at least 14 days after you’ve placed your first trade on the funded account. The answer is only people who have gotten a payout know and particularly people who have had big payouts exceeding 50-100k. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! My first ever payout! upvotes I can tell they are . - To be with other like-minded forex Yes, my friend was able to get a $4540 pay-out from FTMO. FTMO will look at their net exposure and adjust it Welcome to FXGears. 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 Try trading with same rules as FTMO, viz, you tracking yourself if all trades were compliant had you been on FTMO. com's Reddit Forex Trading Community! Just wondering how any funded traders on here deal with the news rule on FTMO, that a trade cannot be left or entered within 2 min either side of would ftmo just penalise me for the slippage on payout or would they just close my funded account if I was to trade ignoring these I've been seeing more and more comments and posts about this recently, and I wanted to start a discussion about it. I was looking at 5%ers as a prop firm VS FTMO because of the Welcome to FXGears. Right now it feels like I've been shadow I would like to ask you please about FTMO payout A friend of me requested a payout but they told him for some reasons ( i dont know them because he didnt tell me) they split the payout requested on 12 months. This has been a 5 year journey for me and I am finally Skip to main content. Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. And finally, the most important number: total payouts in 2021! In the past year, our FTMO Traders received an outstanding $29,000,000 in payouts. I've seen it myself. As you most likely know, there is no Profit Target once your trade on an FTMO Account, 4 days ago · From the beginning, FTMO's goal has been to help skilful traders solve the problem of undercapitalization. com hosts Welcome to FXGears. No comission, spreads are okay. He’s a private guy so I can’t share any of his recent ones but this is one from 2022 He’s a private guy so I can’t share any of his recent ones but this is one from 2022 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. Personally I got some small pay-outs from prop firms, but unfortunately I wasn't able to get a payout from FTMO as I switched prop firms after I failed my funded account. First payout. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, FTMO is 9 years old. I'll ask him if he can share the proof here. - To be with other like-minded forex Anybody got denied payouts by FTMO for using EA? General Forex Discussion Share Add a Comment. I don't know which prop firm this is, but FTMO has the highest entry barrier as far as I know (10% profit in a month). When you become an FTMO Trader, we already know that we can trust your trading skills and abilities to manage risk properly and therefore, we will provide you with top-rated trading conditions in the industry. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, Third time being funded on Ftmo Most likely not going to trade on account anymore until I get a payout P/L Porn Locked If you pass the FTMO challenge before 10 days, Welcome to FXGears. I have come along way! Please share your experience with trading or even FTMO :) In summary, although some people may win challenges, the probabilities are so stacked against you, there are better options out there in terms of investment, that provide a higher probability of payout when it comes to trading and trade related activities. I tried to see how it goes via Riseworks, so I requested the payout there. Traders have shared their decent experiences with the prop trading firm. Welcome to FXGears. Very happy with myself and my progress, especially that I started trading less than a year ago. MyForexFunds offers up to 600k funded, FTMO offers 400k. Besides an FTMO Account, do you provide any other value for traders? How about a Free 92% of people blow the account in phase 1, of the remaining 8% another 75% fail in phase 2. For Christmas I think they’re doing 90% payouts. A simple math shows us that if each one of them was consistent they 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. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; Get the Reddit Or is FTMO issuing refunds to US customers in challenges? Ftmo support answer: We plan to honour all our commitments to our clients. Passed FTMO trial account in 3 days using $10k aggressive mode. 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. ⚠️ Caution: True Forex Funds is not what it seems! ⚠️ This company has been exposed as a potential scam, blocking users just before they receive their live payment. com's Reddit Forex Trading Community! Ask me how I failed my FTMO challenge with 0 losses (currently no open trades) Prop Firms Share Add a Comment. So Now they will boost the balance of your FTMO Account by 25% if you achieve the terms of their Scaling Plan, but the payment ratio will also shift to an incredible 90:10!😍🤩 392K subscribers in the Forex community. Those who are really skilled and experienced can make very good money through FTMO without risking their 4 days ago · The trading period is the same for both risk setups, and the same fee refund applies here with the first payout from your FTMO Account. Instruments. You can achieve an equal amount of I have 2 ftmo challenges under the same account and I've been scalping on both accounts placing similar trades a minute or less apart but with different stop losses. I also was funded once but I haven't traded since last year. com's Reddit Forex Trading Community! Here you can converse about trading ideas As a general rule, i risk 1% for each trade on my ftmo account, but i only do it when i have a significant buffer on my account (at least 5%). Then the new month you start with your initial balance which is 300k. 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. It's been going on for months now. Open comment sort options . QJ. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! How long did it take for your first FTMO payout to get credited after withdrawing it? I’ve been trading with decent results for a few years, but I’ve never used a Prop Firm before. Log In / Sign Up; Advertise on Reddit; Shop Collectible 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. Lowering your risk may help your emotional since 10 trades may not be enough for a drawdown period. But the normal payout is 70%. Once I receive a payout I’ll post a screenshot here. Ftmo Prop Firms Second payout 🔥🥂💯 Share Sort by: Best Kortanafx prop firm New York payout upvote Welcome to FXGears. How do I apply for an FTMO Challenge? What payment methods are available? Do we charge any other fees? Are the fees recurrent? I paid for my FTMO Challenge, when will I get the account? Why is there a fee? How many accounts can I have? Applications & other Services. I also only think you can fail the challenge once and lose your initial investment. It doesn’t matter how much money you make on the funded account, it can be $1 or $100. I was in gain and their metrics Skip to main content. true. Took a 9k payout thinking I'd just roll on a 10k account and I ended up whipsawing all over the place before bombing a 6k drawdown day and taking a big step back. Another point to note is that trading with own money is always better and profitable in long term. what are FTMO’s payout restrictions? FTMO’s payout process has several key restrictions: Geographic Restrictions: FTMO does not offer services to individuals or companies in Iran, Syria, Myanmar, North Korea, the U. S. r/Forex FTMO isnt a scam. While of fxify for example you can directly pay an extra fees and get more benefits on creation. 22%. com's Reddit Forex Trading Community! Here you can converse about trading ideas Skip to main content. Anything not liked, can be discussed and amended. Then you have to complete the challenge where you have to make 10% in one month while adhering to their drawdown conditions. com's Reddit Forex Trading Community! Here you can converse challenge only max 20% of them will ever pass the first level 30% of the 20% pass the 2nd level and so on people keep paying to renter a challenge without improving thier Welcome to FXGears. Here’s a list of all instruments supported by FTMO and FundedNext. Rewards are carefully processed through a range of secure payment methods. " Watch full interview . I learned a lot in the past months, backtested Have you had a payout yet? I’ve had a great experience with MFF but think it’s a good idea to have funding with multiple firms. got my 1st payout (1% profit )this week on a 100k funded. I am so hyped and a post like this motivates me a lot. Let's say you've been trading with FTMO for a year. The main rules are: Profit Split: Traders keep up to 80% of profits, or 90% if they meet the Scaling Plan requirements. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in . I'm actually pulling in some I know ftmo has a payout date for profits. A prop firm that’s legit would have no problem with the pay out. , 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 Please bear in mind that you are solely responsible and liable for the payment of any and all taxes, levies, FTMO companies do not act as a broker and do not accept any deposits. FXGears. I constantly Welcome to FXGears. prop firms like ftmo,mff allow traders to trade with them globally. In this case. A new prop firm could go bankrupt if their model is not bulletproof. As already mentioned, to be able to request a payout from FTMO, you should generate some profits. It is a contractor position and as such Yes FTMO does payout here’s a payout from a good friend of mine who is max allocated with FTMO. If you pass the challenge then you'll move onto the verification. Sounds like you want quick money. Your starting account of $100k now sits at $400k as you've chosen to keep Skip to main content. FTMO is legit. com hosts and moderates our chatroom, Profit Splits and Payouts FTMO’s profit-sharing model is designed to be both straightforward and accommodating. GB. At FTMO FTMO’s withdrawal/payout rules govern how traders can access their profits from funded accounts. Others are saying they got their accounts immediately or within about a day while I'm left in the dark for 3+ days. It is a truly incredible number and congratulations to all the traders! We have managed to reach merchants from more than 180 countries worldwide, and we regularly send payouts also to countries where, for example, Go to FTMO_Forex_Trading r/FTMO_Forex_Trading • by rossquincy007. Do your FTMO follow ups . You can bounce back and continue trading. It's essential to be aware that many prop firms only want losing traders, and when someone starts making a profit, they're quick to block them. But i found a similar popular prop firm "Topstep" that display on their website that 5487 traders has been funded so far for the year 2020 and a total payout of 2,026,505 (updated December). As you most likely know, there is no Profit Target once your trade on an FTMO Account, 2 days ago · 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 2 days ago · Following these steps ensures a smooth payout process. I would focus on prop firms that have been around for a Ftmo has some insane spreads, even at peak times. This is where things get interesting. However, FTMO introduces additional flexibility by offering the option to request a payout after just 14 days from your first trade, 22 votes, 24 comments. Prop Firms The best position size and leverage for a $50,000 FTMO account will depend on your trading style and risk management strategy. Zum Beispiel, wenn ein Händler am 1. Yes people lose their account mostly by not putting any stop loss in place. I'm currently unemployed, my question is, will I have to sign off the dole? I mean I'm successfull this time but what happens if I blow up my account, I will have to sign on again or get a job. After reading numerous reviews and learning about their business model, I can't see how anyone could not think it's a kind of trading pyramid scheme/pseudo-scam that ultimately roped you in and juices you until you just give up eventually or "fail" out because of 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. But you do get a payout. Top. I got my payout in about 24 hours and it was already in Riseworks by then. FTMO Accounts can be increased to a maximum initial balance of $2,000,000! Please refer to the detailed summary table below for a comprehensive breakdown of our scaling plan requirements. I advise against choosing cheaper prop firms and instead, go with the BEST. Things that helped me pass my FTMO challenge, verification, funding and payout . I then use my profits to fund my stocks/options 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 I would love to pay you weekly or monthly for signals. FTMO Review Videos. View community ranking In the Top 20% of largest communities on Reddit. Log In / Sign Up; Advertise on Reddit; Shop I can't find the stats on how many traders have been funded for the year 2020 in FTMO. They operate their products atop an Ethereum zkRollup Layer2 Exchange & Payment Protocol (v3), the Loopring Protocol. Controversial. 1%-3% max but I think 0. Hey u/Smooth_Fly6155! 😎🚀 . This isn’t a problem in higher time frames, however the way I make money is scalping a few minutes. 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 said service. You will find an option for cryptocurrency payout in your Client Area – FTMO Traders tab. How FTMO Started. So it all depends, I think getting funded Talented FTMO Traders who meet our Scaling Plan requirements are rewarded with a 25% increase in their FTMO Account balance and a bigger reward of 90%. Halfway there on the second challenge. - To be with other like-minded forex Just remember less than 10% of people pass their challenges, and if that about 2% actually take any profits whatsoever ¯(ツ)/¯ if you’re rocking through even 10 challenges for one payout that MIGHT get you to break even it is an indication this is probably a waste of your time. The trading period is the same for both risk setups, and the same fee refund applies here with the first payout from your FTMO Account. Every withdrawal has been multi 5 figures and they have all hit my bank account the same day. Reply reply Top 4% Rank by size . 1% of those who take a challenge pass both stages. On 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. If I get suspended when I go to withdraw I was recently reading up on funded Accounts like FTMO. Question about FTMO and MyFundedFx . Nobody is able to make 10% per month on on a sustained basis (you Most prop firms you don’t have to pay any pro fees. Apex and Bulenox is one time fee once funded of 50k (obv it’s 2. Read 2 more reviews about FTMO. Compete in the FTMO Challenge Swing you will be given an initial trading capital of €20,000 EUR (or the equivalent in USD $25,000. Get app Get the Reddit app Log In Log in to Reddit. . Atleast FTMO is transparent (one-time fee, that you get back if you pass, and 30% comission), and have got a Welcome to FXGears. He’s a private guy so I can’t share any of his recent ones but this is one from 2022 He’s a private guy so I can’t share any of his recent ones but this is one from 2022 My guess why it is so low: reaching payout means having to pass three quite high tests in a row, obviously somewhere along that line almost everyone stumbles. FTMO take their little slice right off the top from payouts. Started Monday I was already +8%this morning ,after news I deleted mt5 at +3,6% and I'll wait till payout date 😎 . I've narrowed down and will share some things that stood out and helped me succeed. It was founded in 2015, earlier than FundedNext which was founded in 2022 and is 2 years old. Good afternoon Traders! I have successfully passed my $100K FTMO challenge. com hosts and moderates our chatroom, Welcome to FXGears. FTMO has carefully calculated and set up targets which are unrealistic, high chance for even a good trader to fail, to make 10% in 20 trading days (1 month) you are forced to open larger lot sizes to meet the target but when you do if market goes the other way only a little bit you end up failing the challenge because of the 5% daily drawdown rule, odds are basically against you, While it is exciting to see the amount of FTMO passing going on, View community ranking In the Top 1% of largest communities on Reddit. April You initially pay for a challenge account. In case the situation develops differently, everyone will be informed accordingly. Expand user menu Open settings menu. It's important to keep in mind that while leverage can increase your potential profits, it also increases your potential losses. My first ever payout! Or will they force a payout View community ranking In the Top 1% of largest communities on Reddit. Log In / Sign Up; Advertise on Reddit; Shop I was looking at 5%ers as a prop firm VS FTMO because of the conditions they offer : No trailing drawdown (you can build a Skip to main content. I seriously doubt that this is a marketing post by FTMO Welcome to FXGears. 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. These products include the Loopring Wallet app, an Ethereum L1 & L2 social recovery smart wallet, the Loopring Layer2 Decentralized Exchange (DEX), a non-custodial orderbook & AMM-based zkRollup L2 DEX, and the Loopring L2 Relayer. e. 9%) of those survive until the first payout/refund of challenge fee. com's Reddit Forex Trading Community! "Please note that Free Trials don’t give you any eligibility to automatically secure your FTMO Account. Best. That's my way to secure 3k € instead of 0. I withdraw every 2 weeks. But as far as forex/futures, I wouldn’t recommend anyone to do equity first. Pay about $350-400 to be tested on your trading skills and upon passing you receive up to 100k in funding and a 70/30 split of profits where you pocket 70% while they keep 30%. Renewal is like hitting the 'refresh' button on your trading journey with FTMO. Max daily loss is 4% and max loss is at 1. Mongolia is represented by our MUGI! “I am very grateful for this opportunity and would like to Welcome to FTMO's Premium Programme, where elite traders gain access to exceptional benefits and rewards. Among its most talented prop traders are those discovered and developed by the firm. What tax will I have to pay on the money I get from ftmo. I told you based on my experience, though I have other favourite firms , nothing matches FTMO. This is already a generous profit-sharing model compared to many other trading platforms. 21 hours ago. justaguyjoshua • Yes, they are denying a lot of people payouts for using third party EAs. FTMO started as an idea back in 2014 when three traders working from a Prague office decided to I have gotten funded three times with FTMO before but this is the longest it took for me to pass the challenge this time around. Date of experience: December 19, 2024. Sort by: Best. Traders typically receive their profit splits on a monthly basis, which is standard across most proprietary trading firms. Ive been with them Yes I’m now at 90% payout with them and I’ve withdrawn more than that. "I recommend it to everyone, most people don't even believe it. Any Canadians with FTMO that can help? I was expecting a profit split from FTMO via bank wire, but apparently my bank canceled the transaction(per Skip to main content. This is just what works for I passed my $200k FTMO challenge a while back and am close to payout. In essence, less than 1 in 100 people who take a paid challenge survive until the first payout and challenge refund. In the Step 3 – FTMO Account. 10d for verification. I felt cheated and disappointed. 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 I have tried the FTMO challenge a few days and got a very bad and unfair experience. very helpful patient Following these steps ensures a smooth payout process. Btw: after payout, they reseted account to 100k. Restrictions also apply to Apr 28, 2024 · Default Payout Ratio: By default, FTMO offers a payout ratio of 80:20, where traders receive 80% of the profits they generate. I have successfully passed my FTMO Challenge, now what? After you pass all the Trading Objectives in your FTMO Challenge, you will see a notification in your Account MetriX informing you about your success, and you won’t need to Welcome to FXGears. r/Forex A chip A close button. They also have payout info for USD accounts that amounted to around 2. The offered technical solution for the FTMO platforms and data feed is powered by liquidity providers. But I’m still questioning if ftmo would do a full payout on such high profit. Hi I'm about to get my first payment from ftmo after successfully passing all the challenges. Then, there's the other service I used to pass the challenge. Looked into topstep and for me what I'm paying for is the challenge itself, and I'm happy to pay it. TakeProfitTrader is one time payment as well of around Btw I bought funding pips challenge instead, their trading conditions are really good, it's simulated funds tho, unlike 5%ers. Reply reply cryingassass • Could you elaborate? Reply reply [deleted] • Comment deleted by user. I traded the demo account on FTMO with 40k for 2 weeks and reached 20% and also passed all the rules, for me its time for a real challenge. 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! Paying taxes with FTMO in Canada. Hilarious. I decided to hold off on paying until I understand if it’s something that’ll hit the entire prop firm industry. The last one isn’t a prop firm but has a lot of long term potential. My question is : what is the limit of a maximum payout : 10k? I mean the amount that FTMO doesnt consider big and can be withdrawn easily Hi everyone, I am about to finish up the verification process with FTMO on the $25K account. After paying the €250 to compete in the FTMO Challenge you will be given an initial trading capital of €10,000 EUR (or the equivalent in USD, AUD, GBP, CHF, CAD). At the age of 19, he had a payout of $76,000. In January I’ll be starting with The5ers and Darwinex Zero. Log In / Sign Up; Advertise on If it’s your first payout you will get the refund of the initial payment of the challenge as wel. " Still need to pay 155 Euro. Personally I think it's bullshit. Also, the amounts we pay out to our traders are very Even upon meeting the payout criteria, the payout process is incredibly user-friendly. FTMO definitely isn’t a scam. I was surprised at the first Profit Split between me and FTMO. Traders can adjust their Profit Split Day three times within According to MFF's own statistics around 2. In FTMO, the maximum daily drawdown limit allowed on a $100K account is 5% which is $5,000. New. It means you're getting another shot at conquering the challenge and reaching the profit target. Users appreciate FTMO’s clear rules and What is the realistic earning potential with a $100,000 funded account through FTMO? Can you break down the possible monthly profits, taking into Focus, first, on getting your first payout at 2 - 3% of your account so you can get paid and get your challenge fee back, THEN you can aim to add extra points each month. The funny thing is that my Wenn der FTMO Trader vor Ablauf eines Monatszyklus keine Änderung am Gewinnaufteilungstag vornimmt, wird der Gewinnaufteilungstag an den letzten Tag des jeweiligen Bezugszeitraums gelegt, ohne die Möglichkeit, ihn weiter im aktuellen Zyklus zu ändern. You just have swaps. Welcome to FTMO's Premium Programme, where elite traders gain access to exceptional benefits and rewards. You can achieve an equal amount of profit from just $10,000 account with own money, taking almost 40% floating DD ($4000), instead of <5% realized DD in FTMO. I'm sick of taking incorrect notes on my own failing strategies. I just received my 4th payout from FTMO today. This is my 3rd time with FTMO. I can highly confirm that FTMO provided real Rewards and real Payout on My Trading for the living. Either just a one time 140$ fee once funded, or a monthly fee that’s usually around 80$ once funded. Aim for base hits before you think about homeruns. I blew two of them after just one payout from each, and one of them I couldn't make a profit before losing it eventually. And they don't have tat minimum 3 Profitable days to get payout rule, which is in 5%ers and sucks. Soft breach is when you momentarily dip below the allowed loss limit, but don't worry, it's not game over!. Log In / Sign Up; Advertise on If this is the way it is, okay. Open menu Open navigation Go to Reddit Home. My next prop firm would be FTMO or funded engineer. I know some people who can easily make 50-70% return each month. And when you pay for So the default payout ratio for all FTMO Traders is 80:20; nevertheless, New News is They do not consider an 80 percent share to be acceptable. I was just about to buy an FTMO challenge then I found out that MFF had been taken down. More posts you may like r/Forex. Old. I’ve passed the first challenge for the $200k account. FTMO is a leading Modern Prop Trading firm founded in 2015 and based in Prague. wcyyd kvzg wbxfzoqi warad sacv hnoub daglom vozoi abzjzb knqp