Best ftmo reddit. Some people like to go with more trusted options.
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Best ftmo reddit 9 pip spread on Tokyo session is unacceptable, I get 0. -Share FUNNY Trading Glad to hear from a fellow trader. Yes people lose their account mostly by not putting any stop loss in place. Thats why i bought a challenge on the funded trader recently. See full list on livingfromtrading. Similar trade on FTMO did not slip, another trade I got stopped out when the price was 0. Yeah im feeling stressed when there are time limits. Got to give it to FTMO. FTMO has been in business reliably for over 8 years as a prop and longer as a broker I believe. Jun 27, 2024 路 So, if you wonder, “Can FTMO be trusted?” the answer is yes, according to Reddit users. This FTMO review guides you through the FTMO Challenge, including the signup process, member dashboard and trading platforms. 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. 2 on FTMO. 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. In case the situation develops differently, everyone will be informed accordingly. The real question is do YOU have a consistent and profitable method? That is the real question. We also delve into the evaluation process, the educational resources available to traders, and the support provided by the FTMO team. 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. 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. so let me clear things up: your trades never get placed in a real market. In the other note I believe in every single one y’all who are trying to make a change. Users appreciate FTMO’s clear rules and reliable payouts. I’ve hopefully learnt something from all the pain however. I have traded at FTMO Trial failed one but passed twice. FTMO basically, made a two-step process to check out your trading performance. So this how the first FTMO payout went. You have to be profitable to be able to make money on their Ftmo support answer: We plan to honour all our commitments to our clients. Please leave your thoughts in the comments. Now, my hypotesis are 3: They are really professional traders (very unlikel, maybe 1 out of 1000). The best prop firm besides FTMO AID The Funded Trader In my option. It's interesting we got the same strategy, I'm totally open to collaboration and sharing ideas. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. Nov 22, 2024 路 The FTMO Reddit reviews are also generally positive. Meanwhile there are also negative FTMO reviews on Reddit, pointing out the challenging rules regarding drawdown, which limits the flexibility in implementing some strategies. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. 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 is my favourite because they have the best spreads execution and track record of being a legit prop firm company. - To be with other like-minded forex traders. there are 50 prop firms operating as of now , but no firm can match track record . 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! 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 this review, we will explain what you need to know about its safety and regulation before opening an account. M1 is made for those looking to build their wealth using powerful automation and topflight rates. Ftmo is a scam M1 lets you earn, invest, spend, and borrow all on one financial platform. 5k 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 current situation is not impacting payouts or other services that we provide to our existing clients. as long as you don't resort to shady practises and align your trading style with them , you are good to go. 9 pips away, also had the same trade on FTMO that did not get stopped and went on to take profit. with FTMO you can get a practise account and test fills , spreads for 14 days. If you pass it, you get funded. 20 votes, 56 comments. 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. I also was funded once but I haven't traded since last year. Trading is hard. Here are my findings: WHAT I like about FTMO? 馃榾 For new traders, FTMO is a good place to start. I should add I have also passed a few times too with them. The potential for account growth is however capped which is a huge negative for me. Some people like to go with more trusted options. . Sorry OP but that's a dumb question. We also take a closer look at the evaluation process, trading objective details and pricing. The best prop firm really depends on your specific needs as a trader. Feb 16, 2021 路 Have you been wondering about which the better forex prop firm is, FTMO and the 5%ers? This review details an excellent comparison over the features, strengths, and weaknesses of each, and ultimately which type of traders would be suited for either based on these findings. FTMO is legit, and I assume they have a lot of very successful traders. 0. Jul 31, 2024 路 In my FTMO review, we discuss FTMO’s features, pros & cons, and costs. seems like you guys have not understood how ftmo works. which is more than enough to pay out the traders that do make money (90%+ loose) I backtest a lot on TradingView, and also analyse on TradingView before looking to take a trade on MT5. com Mar 4, 2024 路 Can FTMO be trusted? FTMO is a popular prop company. It sounds simple but please don’t underestimate it. I still think FTMO is a great short term idea. If you watch some ftmo interviews on YouTube you will easily notice how little experienced are some of the guests. 3 pips on USDJPY, no rollover no news, London session. 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. I dont have any time limits, just need to make 10% no matter its in a few days, or few weeks/months. Its profit split structure starts at 80% and transitions to 100% profits quicker than Bootcamp, and the additional monthly salary is a unique incentive. Looking into MFF and E8 now too! Reply reply Same here. However, account grows much quicker than FTMO, so still better than FTMO purely on the weight of account growth FTMO without second thought. -ftmo's business model is based on the failed challenge fees. professionalism ,longevity of FTMO. Was surprised when the transfer hit my account wasn’t expecting it, but it’s legit. Traders have shared their decent experiences with the prop trading firm. 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. Since FTMO is now gone and that’s what I was planning to use, which other prop firm(USA) is legit? I know how they work and I… Very beautiful effort by you. Posted by u/[Deleted Account] - 2 votes and 18 comments I got slipped 4. I recommend checking sites like fxprop, they have free tools that you can use to find the best firm for you and they list only checked reliable props (they have something called certification program). Trust the process and don’t give up. Reply reply Posted by u/amanmaverick - 6 votes and 17 comments The issue here is that you see all the 'success' stories and no failure stories. I just wanted to know if FTMO is still worth it. lpvimhurfabgldbkloyoefemgqvlfxxhagaqrqtbqnyzzailwqtxqb