Best ftmo payouts reddit Finally, their payouts are extremely fast, I was expecting the usual 2-4 business days wait, but received mine within 24 hours. Maybe They'll take a payout and some of it is put into a "jar" that goes towards high-leveraged programs. Reply reply As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. FTMO provides a structured platform for traders to prove their skills and access funded accounts. prop firms like ftmo,mff allow traders to trade with them globally. FTMO is a good option from what I've learned from other traders, but I've not personally used them. So lets say their profit split is 30% of the 100% the commission increases the 30% and if you trade a lot of large lots you can actually lose money and they make money/break even on the account if they hedge all orders. The founders want to keep FTMO headquartered in the Czech Republic. true. FTMO has been reliable throughout my journey. Payouts always come and yes the delay is a thing. Posted by u/amanmaverick - 6 votes and 17 comments That’s a big payout for a $50k account. , why would you go with FTMO if you get another provider’s challenge with easier constraints. Edit: Also you can now request early payouts as early as 14 days instead of waiting 30 days like before Posted by u/Creepy_Pride_9909 - 31 votes and 72 comments It could just be that they grew too fast and now they can't keep up with everything, as I've seen that happen when a company grows too fast. A new prop firm could go bankrupt if If it's your FIRST prop firm, stick with the FIRST and the BEST - FTMO. I’ve no problems with FTMO. I've been reviewing my trades. On On a side note, could somebody tell me whether the sub rules allow for the posting of payout proofs? I’d love to post my MFF trades and payouts but I wouldn’t want to fall foul of the sub rules - mainly the P/L rule :) Being surrounded by prop firms it's blessing for the retail traders to get the opportunities coming ahead in the form of recession We have alot of prop firms out there but we have to select the best and most reliable one and guys I would like to recommend TFT(the funded trader) prop firm one of the best in this insane expanding industry Apex probably takes the cake for payout difficulty. Default Payout Ratio: By default, FTMO offers a payout ratio of 80:20, where traders receive 80% of the profits they generate. Black-out gegen Drittanbieterban Dieser Subreddit ist für einfache allgemeine Rechtsfragen des Deutschen, Österreichischen oder Schweizer Rechts gedacht. M1 is made for those looking to build their wealth using powerful automation and topflight rates. Don't forget to sign up to spy on our champions. Choosing the best prop trading firm ultimately depends on individual trading goal, preferences, and experience level. 8 billion CZK. they pocket that money and use it to pay the few that do win. It's up to the Only the registered users can see the full leaderboard in their Client Area. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. Some prop firms have payout frequencies of biweekly, some are monthly somewhere every 21 days, etc. Share Add a Comment. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. Paid my CC off and took FTMO's $100,000. I have 2 questions: Your refund will come with your first payout. co/R6FLGqR (edit - it's not actually equity curve as it shows only the profits made and not the account balance) 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. FTMO hasn’t been affected because the payouts are via Skrill. All have fixed/absolute drawdown, <10% profit targets, unlimited (or very long) time limits, and a regulated liquidity provider (Eightcap for most, other firms like Maverick have their own private institutional liquidity provider): 1. 3 pips on USDJPY, no rollover no news, London session. 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 main reason is rules and laws. FTMO definitely isn’t a scam. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). Once I receive a payout I’ll post a screenshot here. FTMO has been around for a while so they'll likely have most things already in place to make sure you won't have any problems with something as, well essential, as making sure you receive your payout. No profit target for payout; start on Monday get paid on Friday. 8 - Win rate of 55-60%. - Each challenge was JungleTV seems pretty straightforward, payouts are easy. 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. 1%-3% max but I think 0. This is already a generous profit-sharing model compared to many other trading platforms. Purchasing the challenge is fine as it is a one way transaction. Most traders won't ever get to 1 year of payouts risking 1% (and on some interviews they said longest trader had account was 8 months), so no matter how much you stay with them profitable you won't ever make a dent in their They also have payout info for USD accounts that amounted to around 2. 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 Welcome to FXGears. I still think FTMO is a great short term idea. Be critical, research, and trust your gut. 22 votes, 24 comments. No lot size limit. FTMO only lets you trade CFDs, which is illegal in the U. At a certain point it just feels like a game. A $100k or $200k (demo) account is already sizable, I don’t see a need to pad the account beyond maybe 10%, just as a buffer against the max loss (not max daily which is always there regardless of account size). Faking payouts getting sued by providers. Essentially once you pass their exam, you go through their identity verification process and sign the contract and they provide you with the login credentials to the account that's linked to their live account within 1-3 business days. You can also pay an additional percentage on top of it to be able to get a larger leverage pool and do not have to have preset stop losses so you can have an open trade and then manually adjust it. They're handling my account now and take another 40%. FTMO take their little slice right off the top from payouts. Welcome to /r/Netherlands! Only English should be used for posts and comments. so does anyone know if trading forex with their capital is legal for an Indian citizen and we're not violating any fema or rbi rules . If you have a 200k (FTMO) account and consistently make ~1-5% profit a month (which is huge) with proper risk management (. Yes people lose their account mostly by not putting any stop loss in place. Or check it out in the app stores After passing does phases your then get a funded account. They have so many rules on their payouts. if you break even on a trade you still lose with them. The ACH transfer already went through and has cleared my bank. . 5ers has maximum cap 4M, FTMO has 2M cap. The payout they give you can simply be regarded as fees for market consultancy in your ITR. FTMO supports Hello, good day everyone. But ngl. e. Now let's assume you makes 10% profit/4 months based on FTMO standard. Try to have less payouts and few good prop firm accounts . FTMO is my favourite because they have the best spreads execution and track record of being a legit prop firm company. Anyone who says all prop firms are a scam just can’t manage risk for nothing, I’ve passed more prop firm challenges than I can count and have received a hefty amount of payouts from several different firms. Has anyone ever encountered problems after passing the challenge, like breaking an imaginary rule and whatnot or any payout problems? Those 3 are ones with the best reputations, especially ftmo and mff, along with 5ers. (1% of risk per trade with 66% win rate) FTMO rules are far laxed compared to the firm I work for now but l manage a far bigger book and obtain bonuses and payouts. 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’m working towards being maxed out with MFF then I’ll work on FTMO too. I've narrowed down and will share some things that stood out and helped me succeed. Searching for it online is a waste of time. Or maybe you have a success story you’d like to share. * Due to imposed fees for payout transfers, there is a minimum closed profit requirement of at One thing these firms should change is the changing the payouts to daily. They'll trade there normal compounded account with 0. A place to discuss forex strategy, ideas, analysis, and concepts. A 100% month would be possible on a personal account risking big but on the FTMO account like i said with the 23 votes, 99 comments. I got slipped 4. In 2022, FTMO had revenues of 4 billion CZK and EBITDA profit of 1. So I did the analysis of the best challenge to do for max profits over time. I just wanted to know if FTMO is still worth it. FTMO are dodgy af. People need to understand that their model is very efficient and if anything its in their best interests to have repeat offenders who are looking to luck out on a trail period. So I decided to try out FTMO. In this article, we will provide a comprehensive FTMO review, which is one of the best prop firms available. Delayed payouts I’ve seen many firms delay payouts like fundingpips 7+ days and poor customer support -Firms in legal trouble Funding engineer . Here are some of the firms I'm looking at. 0. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. My 1st month I almost hit 30% using only the 5 min chart of apple. Then the new month you start with your initial balance which is 300k. 1% risk and trade-copy to there "dispensable accounts" with 10x multiplier. they dont have any course/teaching method. Additionally, you need close any open positions on the pair it'll effect . If FTMO Trader doesn’t make a change to their Reward Day before the end of a one-month cycle, the Reward Day will be anchored to the last day of that particular Reference Period, without the option to change it further in the current cycle. Payouts should be on-demand -and allowed 1 payout per day (assuming you made a profit that day) as that is what it is with a regular brokerage account with real money--you can send a The answer is only people who have gotten a payout know and particularly people who have had big payouts exceeding 50-100k. Prop firms have become one of the go-to funding sources for traders over the last few years. FTMO offers 90% payout for 2M. 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! 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. I'd say the biggest downsides are you have to be able to pass a challenge first, which with some like FTMO, definitely set the bar high, then you have to have the right mindset as poor psychology will only net you a lost account if you become greedy, start treating your trading like gambling, become fearful, etc. One firm MFF it’s been said doesn’t like to payout more than 25k on their expert accounts and will make up reasons to deny you. So deel has temporarily stopped processing payments for most prop firms, even the ones not based in the US or Canada have been affected eg 5ers. So far, the most payouts in one day, up to 196, were made at the very beginning of this year, when we paid out $628,317 to traders on Tuesday, January 2. I also was funded once but I haven't traded since last year. Idk if you guys have read the actual lawsuit. Quick payouts, great customer service, etc. Free Challenge: Earn a free FTMO challenge at the same size as your current account. we're just providing our services to some foreign company and they're paying us. The problem isn't prop firms or regulations. This is where things get interesting. I’m currently using Maven, and have received payouts within 48hrs usually. When it comes to fast payouts, each of the prop firms listed—Funding Traders, Want to know how many dollars we pay out each month and what are the biggest payouts are in each region? From the beginning, FTMO's goal has been to help skilful traders solve the problem of undercapitalization. First payout is this week, which unfortunately will all go towards paying I passed my $200k FTMO challenge a while back and am close to payout. Typically with most proprietary firms, you will be able to get 80% of whatever you make. - To be with other like-minded forex Posted by u/dghostman_1980 - 6 votes and 6 comments View community ranking In the Top 1% of largest communities on Reddit FTMO Payout Bounce Back 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) FTMO or MyForexFunds FTMO has step 1 10% step 2 5% with 10 trading days minimum MFF has step 1 8% and step 2 5% 5 trading days minimum Both gets you a free reset if all rules are respected and you are break even or in profits. They publish the numbers and most fail the first or second stage (free money) then after even the funded will lose the account within a few months. 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! There’s a lot of reasons prop firms deny payout. Competition in the space makes everyone better off! Now is the time to take advantage guys ftmo profit split update. So for instance, if you make $10,000, when it payout time, you will make $8,000. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. But again, unless you’re over-leveraging, or trading red news, you can get passed it. So far my eyes are on 5ers, FTMO, funded trading plus. 9 pip spread on Tokyo session is unacceptable, I get 0. Everyone hates "are these real or fake" posts on the main group, so this is dedicated to that specific question. i. Savings: Get a 10% discount on all future FTMO purchases. Similar trade on FTMO did not slip, another trade I got stopped out when the price was 0. Consistency rules, varies from shop to shop, but designed to avoid payouts if you're playing windfall tactics (aka risk everything every day and try to hit 1-2 big trades). 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). However when he made 90k they did not pay him out and Ftmo is ignoring his emails and support is not giving any helpful answers . Using excuses like "your trading style is too risky" even though they haven't violated a single rule. Then, there's the other service I used to pass the challenge. I’d like to know what you guys think of it. If you earned a total of 60% you will get a payout total of approx. For Christmas I think they’re doing 90% payouts. M1 lets you earn, invest, spend, and borrow all on one financial platform. 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%). 10% in 30 calendar days is hard. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. 5-1. On my funded accounts, I'll have to have 10 trading days with actual trades between each payout. I invoiced FTMO and got my money deposited into my bank account about 16 hours later. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. Ftmo looks to be the best fit for me. Lowering your risk may help your emotional since 10 trades may not be enough for a drawdown period. 5k I. Once I got funded live, took me about a week to hit $20k profit on the $200k account. That being said. Any help is greatly appreciated! I have successfully passed my $100K FTMO challenge. 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 A helpful place to discuss and answer questions about your AirPods and if they are authentic or counterfeit. 25 * 4 Best of luck on your recovery. But as far as forex/futures, I wouldn’t recommend anyone to do equity first. Known plenty of people who blew their accounts after first payout. FTMO themselves have refused such payouts. First let's talk about the maximum cap. Check out our FTMO Review here on Reddit. Which one gives you more money? Second is the time it takes to scale your account. 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. Anyone that has used it can you tell me how the payouts were and if you had any difficulties with them in any way. I saw a massive payout of 87k seemingly out of nowhere by a guy named simranjit. 9 pips away, also had the same trade on FTMO that did not get stopped and went on to take profit. What I'm wondering is, how does the payout for Folding@Home work? I've contributed 5400 points towards the LinusTechTips team but I don't understand if that means we will all be paid back out in banano automatically what we put in in points or if theres something else going on. Posted by u/Jazzlike-Owl-244 - 1 vote and 1 comment Bogleheads are passive investors who follow Jack Bogle's simple but powerful message to diversify with low-cost index funds and let compounding grow wealth. You are better off by going with 5ers or MFF due to their realistic trading constraints, i. Thank you for the feedback I will definitely have a look at his YouTube channel and I do already know some of the basics on supply and demand , I have been watching another channel called Dave teaches and although his videos are It is often best known for its trader workstation, API's, and low margins. FTMO's 70/30. Hi guys. New comments cannot be posted. 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. 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. Congrats! But be careful and don’t risk too much. The allure is there. A prop firm that’s legit would have no problem with the pay out. Smh. It seems like FTMO and MFF treat their businesses like a casino while the 5%ers looks like they want long term traders. Its a money printing machine on the biz side plus you can piggyback/sell the gem traders. I think I read somewhere that FTMO paid out 25 million last year to traders. In normal money leagues where there is less risk of collusion - I usually feel like any trade should be allowed to go through. If you earned the same percentage on Hyper account you will get a total approximate payout of $97,200. I get to pocket the last 40%. 2. FTMO has a dashboard that lists the times that the news will be released. S. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. I’ve failed it and failed to keep up with the requirements which got it closed. Man, I always found with ftmo that my stops always got triggered a little extra in loss and my TPs never ever got slippage in my direction. 5-1%), there's nothing to worry about. Considering the reward-risk ratio of investing in prop firm challenges to get large funded accounts justifies it. Same here. It operates the largest electronic trading platform in the U. FTMO has tons of good competition now and you need not give your business to them. You can usually do that on the evaluation accounts, but not funded accounts. Otherwise, unless you already have a good amount of capital to trade, 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. I also only think you can fail the challenge once and lose your initial investment. These parameters work better for me though the5%ers has some compelling features depending on trading style! With my prop firm it’s 7 trading days to pass the test, and only 10 trading days to get the first payout, and you can get 2k worth of payout twice per week (50k acc, 4K per month for first 3 months) until it becomes no max limit on the 4th month. e 1 lot would be broken down to 0. 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. Then some of these firms, including FTMO, will literally blackmail them (seriously I'm not joking) and imply that if you don't say anything online we may let you keep your accounts or give you a partial payout. If you have 100k of course they will find a way to delay or even not to pay you. After getting funded I ignored the trading plan and my psychology was in shambles. 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 understand the business model but I’m wondering if there’s anybody on here that’s funded 50-100k and has received payouts? Thank you My friend had a payout from Ftmo for 20k they did pay him out. FTMO is it's own broker, I've asked that recently and that's what they replied. First 25,000$ of profits completely mine. Thanks for reading this FTMO review. I usually risk 1-2%, but on an A+ setup I might want to risk 4% (5% would be daily drawdown). Best winning days were Tuesdays, Wednesdays & Fridays Position entries were sized in in quarter increments. Find the "Payouts" section: Head over to your dashboard on our website and navigate to the "Payouts" section within the menu. Scan this QR code to download the app now. Submit a payout request: Simply fill out the provided form to request your payout. If you have a 50k account and hit big payouts (20-40% for a couple of months) they consider you a risk and will eventually deny you the payout for breaking their rules. Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. You can find plenty of payout proof for FTMO, MFF, TFTP and others. Hello guys hope you are doing great 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. I'm sure there are plenty of traders that earn them. I’ve heard this from three different traders. FTMO pays back the fee for the challenge Thanks for everyones help in finding a good prop firm. Braking rules for one but in some cases they just don’t want to pay and will just make up a reason. MyForexFunds offers up to 600k funded, FTMO offers 400k. I think they slip people because people try to open-close, open-close trades on their way to profit. I know some people who can easily make 50-70% return each month. Be the first to comment Their payouts are only 70/30 unless whenever you purchase your audition you pay an extra percentage to get the 90/10 payout. they will slip the living crap outta you. The founders aim to continue improving the educational aspects of the platform. The company brokers stocks, options, futures, EFPs, futures options, forex, bonds, and funds. But, on High Stakes you only get $57,542 total payout. even if it's just a simulation. Or check it out in the app stores Best prop firms with proven payouts . I’m on MFF too and have a 200k funded account. The best ones don't advertise like you'd expect because it's all self selection first and foremost, then whatever their particular flavor of rules or requirements. I then use my profits to fund my stocks/options account. This means that they can generate 10% per month on base capital = $800 payout after FTMO keeps 20%. Looked into topstep and for me what I'm paying for is the challenge itself, and I'm happy to pay it. Congrats if it’s real. I’m almost there🤞 1. 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 received the "Payout Processed" email 42 hours ago. Weekly payouts. I traded the demo account on FTMO with 40k for 2 weeks and reached 20% and also passed I’ve passed the first challenge for the $200k account. 4 Favorable Payout Ratios: Initially, you get an 80/20 payout ratio, with an easy transition to a more beneficial 90/10 ratio. Articles, links, etc are all welcome. But I’m still questioning if ftmo would do a full payout on such high profit. Just like any trading, it's important to stick to your strategies and risk management. Take Profit Trader could argue that they have the best payout policy, but they also have the worst rule in their funded (Pro) account your max It says right on their websites that the5ers charge $4 per lot, FTMO charges $3 per lot, and both charge swap fees. - No challenge was done in a day or a single lucky trade, all trade has clear risk and SL. My next prop firm would be FTMO or funded engineer. But the normal payout is 70%. Their support team is responsive, and payouts are consistent once you meet the profit targets. Looking at the top 3 on their monthly leaderboards, this person Kasper was at like 90k by June 3, and $270k June 9. Deel and Propfirms (Payouts temporarily paused). Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. FTMO has also started acquiring other trading firms like Quantlane. 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 Savings are hard to come by because FTMO doesn't give them out very often. there is a documentary on bbc iplayer called instatrader. does anyone have knowledge about it If Apex would ever adopt the payout system of TPT, it would be the best Prop Firm by a big margin I suspect however, that Apex might be flying by night- which hurts to admit since I hold multiple accounts with them, but it’s true. Can anyone confirm that either they or someone they know directly actually received a large payout? Very beautiful effort by you. I feel I’ve been a bit lucky with the first, and now this second account. The problem was that mff was the their own "liquidity provider" so they manipulated the slippage and messed around with where and when the trades get executed. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. Halfway there on the second challenge. Place good trades and you should be ok. Yeah. Maybe for whatever reason, the payout has processed but isn't fully complete on FTMOs side for whatever internal reason. 2 Frequent Payouts Payouts occur on the 5th trading day, equating to about four times a month. Heard from some people on this sub that they've never received payouts from their prop firm and I was just interested to know about other peoples experiences with Prop Firms like FTMO, MFF? Best year was 2019 but I was trading forex and putting in 30min-hr a day researching what other countries are doing and economic calendars to gauge the overall trend. In this case. But you do get a payout. I’m I working on my second account verification now. $187,200 through bootcamp. Looking into MFF and E8 now too! Reply reply Their customer support is also top notch, I never had an unanswered email or an unhelpful live chat support staff. Once you have 10k of your, you can trade using your own capital and keep 100%. E it comes out of your payout if you are profitable or they lose less when you lose because your P/L Is overall worse due to commission. If you prefer to keep your Reward on account to grow and accordingly build up What's your opinion on this? I want to trade on FTMO - max leverage is 1:3 for my symbols. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I like what ftmo is doing. 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. 2 on FTMO. I've seen a lot of FTMO Youtube videos interviewing some of their profitable traders who are making anywhere from maybe 5k - 50k profit split in a month. Apex is a good prop firm imo and easy to pass and payouts are very simple. With Apex, I got my first payout then my second payout then I had two payouts that I asked for at once, they said, I flipped, I never traded a micro, always a mini, then they said, flipping was because I was in the Trade for a couple seconds, I usually look for 20 ticks, which is five points, really does it take more than one or two seconds Seems the best strategy is to take profits when you can in order to not see those profits turned into demo money. FTMO has stopped taking Indian clients though but there are other firms you can trade with. I think you are taking a lower probability of success by choosing FTMO. But when you have an online league where if a guy can sneak in two teams and then stack his teams with 2 or 3 of the top players in a 5 for 3 trade or something to make it look fair - it can totally throw off the balance of the league FTMO has tons of good competition now and you need not give your business to them. Based on user reviews, ftmo, the5ers and tft are popular firms. I just got VIP status which is great I think the difference is they are trying to prevent any major drawdowns. I just worry that if the payout is too big, that's when firms get sketchy and make claims of broken rules or something to avoid paying. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your FTMO Account by 25%, but you will be entitled to a 90% Reward. They don't have to scam. I passed, focusing on my risk management, not profit. 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. 3 Simplified Cashouts: The process for withdrawing funds is straightforward and hassle-free. And they don't have tat minimum 3 Profitable days to get payout rule, which is in 5%ers and sucks. their only "teaching method" is taking profit as soon as you can. Welcome to FXGears. But they operate differently from FTMO ones in the sense that they simply give 25x leverage on the capital put with them and 90% payout Reply reply More replies Concrossivie I never hear about big payouts. Traders do need to keep in mind that the delay is most likely not with with the prop firm but with the banking system or the crypt network. I noticed that their payouts for the higher tiers is 100%. No stop loss requirement. It is crucial to conduct research and evaluation of different firms to ensure the best fit. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. But now that guys running paid services. Get the Reddit app Scan this QR code to download the app now. Reply reply More replies More replies Things that helped me pass my FTMO challenge, verification, funding and payout . by number of daily average revenue trades. FTMO is looking to build long term relationships with futures traders, and I highly recommend them. Btw I bought funding pips challenge instead, their trading conditions are really good, it's simulated funds tho, unlike 5%ers. , 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 If you make money with FTMO, you can show it in your income tax as market consultancy fees. I have traded at FTMO Trial failed one but passed twice. Hey everyone, i started frmo about a month ago, it took me about 2 weeks to pass the first challenge, last week I started the second phase of the challenge and the whole time I've just been in loss, I've been trying to trade in a disciplined manner and haven't been risking more than . After that it was simply short rally’s if downtrend, buy dips if uptrend. It took me 2 days to pass the first stage, 4 days to pass the second stage. We’ll begin this article by providing a brief history of 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. So High I know ftmo has a payout date for profits. Stop fucking with these rando fly-by-night firms that are designed to 'bait' people with initial favorable terms, then 'switch' when you meet or exceed those terms. 4M with 50% payout is technically 2M with 100% payout. Do you think I need to be worried about FTMO not Learn more below about the payout process once you are funded and are looking to withdraw your profits from FTMO. 4m over the same period. not really. Help me add to this list please Locked post. Funded Trading Plus is also one that I've tried. 25 * 4 Those 3 are ones with the best reputations, especially ftmo and mff, along with 5ers. 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. Hopefully they make good on the payouts. The testing is no joke though. I’ve been wanting to open an account with another prop firm after trading with FTMO for a while now and the 5%ers had caught my eye ( especially after tr the MFF fiasco ). No need for FTMO. Assuming no blowout, in an year one would have generated $9600 or roughly the same capital FTMO is providing to you. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. My equity curve: https://ibb. 5% a trade, I just feel like I have been so unlucky this whole time, I haven't won a trade so far this . All have fixed/absolute drawdown, <10% profit targets, unlimited (or very long) time limits, and a regulated liquidity provider (Eightcap for most, other firms like Maverick have their own private institutional liquidity not really. they researched ftmo and found that their traders only trade the demo account as most lose. Spread is honestly incredible. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. I am planning to get the $100K challenge but I kinda want to hear any recent good and bad feedback from actual passers. 😕 Customers from the US are no longer welcome. uqfjjo nyxh lfgki byuasma vlsdg fovov cjsc kdvy frzhq ewp