Ftmo payout reddit

Ftmo payout reddit. When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. We interviewed our FTMO Trader Join me on my Forex Journey to receiving my first FTMO payout and profit split! In this video, I'll take you through the entire process, from hitting my prof Tradeable assets include Forex, cryptos, commodities, indices and stocks. For If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". FTMO has been around for a long time now, and they are a well-established company who had been giving their clients with payout if they haven't violated any objectives. Yes, my friend was able to get a $4540 pay-out from FTMO. The Support is always executed very quickly as well as the setup of the Accounts and everything in between. Their evaluation phase is the same with tighter drawdowns on daily limits and overall loss. Only the registered users can see the full 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) along with only 100% refundable challenge fee Thus, during our time on the market we have been able to create more than 138,000 FTMO Accounts for our FTMO Traders. Happy trading! 📈💰💪 Happy trading! 📈💰💪 😎Don't Forget FTMO Challenges and Verifications Now have an unlimited Trading Period . He’s a private guy so I can’t share any of his recent ones but this is one Posted by u/Large_Prize_2496 - 1 vote and no comments Get app Get the Reddit app Log In Log in to Reddit. I just lose the ability to get full moves because of FTMO's restrictions. I divided the list into two parts to Payout is the sweet reward – it's the profit you earn, and you can cash it out once you meet all the requirements. I wanted a partner I could trust, regarding spreads, slippage and especially when it comes to payouts - and FTMO delivered on that promise. FTMO's 70/30. If you have 100k of course they will find a way to delay or even not to pay you. ). Drawdown We can see it everywhere. I was $5k in profit and kept my promise not to trade and to wait until my first withdrawal. I have tried the FTMO challenge a few days and got a very bad and unfair experience. The 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 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% payout. 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? upvotes It's small but I finally got my first prop firm payout! upvotes 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. I have no time to mess with that as I am running 300k with FTMO. Their payout is 75% which isn't too bad. Compare to Other Trading Platforms. Well done G , how much you pay for 200k account ? Thanks for 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’ll it’s the same with ftmo Investing in broad-market low-cost indexes, diversified between equities and fixed income. 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. in reality people will say ftmo is superior, i think u dont have to leave ftmo and can have both of them at once. We would like to show you a description here but the site won’t allow us. A drawdown is a reduction in the equity value of an investment and an inevitable part of every trading system. Instruments. 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. The FTMO Challenge is the first step of Evaluation Process and educates you to master your trading habits. Buy, hold, pay low fees, and stay the course 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. Last week I shared with you how I got my first funded account with FTMO. I spent time reading through them, but found lots of This serves as a testament, however, of how badly designed the FTMO challenge is. 4M with 50% payout is technically 2M with 100% payout. So, instead of having a Profit Split from FTMO with up to 90% Welcome to FXGears. 5/5. 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). 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 . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO doesn't cheat, if you follow their rules they will pay you out. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! and now I am curious whether FTMO is in a danger being shut down too? I've finally achieved some consistent results on my demo trading and felt comfortable enough to 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. (Small The FTMO payout process is a crucial factor for traders evaluating the platform’s reliability. This subreddit has gone Restricted and reference-only as part of a mass protest against Reddit's recent API changes, which break third-party apps and moderation tools. I was in gain and their metrics were telling that I failed the max daily while at the same time I was in gains of over 1k. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Try ftmo, the5ers, fund next and finotive Reply reply [deleted] • got my first payout + refund+ bonus, wasn't a big amount but pretty smooth, 1 day. 1% risk and trade-copy to there "dispensable accounts" with 10x multiplier. Well i pay for a discord I trade with Alkaline Capital and they allow me to trade options. Just make sure its a reputable company like FTMO, 5%ers, Skilled Funded, etc. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I’ve been looking at other prop firms like FTMO, the5%ers, and true Forex funds. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hello, today was my first day as a FTMO trader, and didn’t go as planned. Additionally, you need close any open positions on the pair it'll effect . Then, there's the other service I used to pass the challenge. 21% (based on MFF statistics they posted). 4 Favorable Payout Ratios: Initially, you get an 80/20 payout ratio, with an easy transition to a more beneficial 90/10 ratio. (Apart from FTMO, which is good) You don't get recommended the5ers 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 don't think you're going to deny that an 85% winrate with a 10:1 average RRR for a profit factor of 61 is unsustainable. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I was recently reading up on funded Accounts like FTMO. FTMO developed a unique 2-step Evaluation Process for traders. Yes they 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 Every month, FTMO initiates over 16 million trades, and with an average payout process time of just 8 hours, $130 million has been paid out to successful 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. especially if they give you 100k to control, it would be enough to As you all know, both FTMO and MFF are the most famous prop firms. Every analyst and financial news outlet is using [] Hello OP, im on my way to becoming funded as well. Gain % 48%. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. But, on High Stakes you only get $57,542 total payout. New comments cannot be posted. 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 trade the account anymore as your Trading Objectives are marked as passed. 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 FTMO is getting more and more popular, and that is especially because of you, our traders. 24% pass and get payout (MyForexFunds statistics). 2-5 business days. 1M subscribers in the Daytrading community. Congratulations. There are different types of drawdowns and we’ll cover everything in this article. 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 Posted by u/Deploratus__ - 2 votes and 4 comments 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. Please share your FTMO Trading experiences and Payout. If ppl have gotten pay outs if EAs are allowed they won't find a reason to not pay you I would love to pay you weekly or monthly for signals. Today my payout was approved and I already received the money in my bank account (I’m still waiting for my refund). I just waited until it came. Free. I was thinking about Kortana but when trying to pay for challenge the bank already has it flagged that this company was reported as a scam so I never got Kortana at the end. Another point to note is that trading with own money is always better and profitable in long term. Even on Gold I notice there spreads can get a little high. Country CH. I know some people who can easily make 50-70% return each month. MyForexFunds is a prop firm out of Canada with similar challenge parameters as FTMO. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Nah they are not as thoroughly FTMO TRADERS: how long does it take for your profits to arrive your bank account in ftmo withdrawals? Prop Firms 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. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Wow this dxtrade platform that ftmo forced US clients into is absolutely horrible. The Profit Split on the FTMO Account is done on a monthly basis by default, with the option to place a payout on-demand after a period of 14 calendar days from the first placed trade on the account. lost $400 twice. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Welcome to FXGears. If they fail, you are still out FTMO's challenge fee. While of fxify for example you can directly pay an extra fees and get more benefits on creation. # 10. But to your point about increasing from $140K to $300K: are you seriously proposing that a reasonable person, acting prudently, would let $160,000 sit in a a non-intrest-bearing-account if there was the slightest chance they may never receive that money? I find that Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. The FTMO rules ensure that traders are disciplined in their approach to the program which will enable them to achieve the best of results We would like to show you a description here but the site won’t allow us. 000 FTMO Account and always gets the payout, one time 2 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. FTMO actually gives you $100,000 to trade with. I hardly post on reddit but wanted to ask a few q's. i like that maximum drawdown is 12 percent on mff and cheaper too. Profit CHF36,974. comYou asked for it, we deliver. So I decided to try out FTMO. Take your profits out and fund your next challenge. So High Quantlane was founded in 2014 and currently operates under the wings of the FTMO Group. If you can’t pass the FTMO account most likely you won’t be profitable with your own account, I would rather pay $600 to manage a 100k account than deposit $600 on a broker. Things that helped me pass my FTMO challenge, verification, funding and payout . Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; Yes FTMO does payout here’s a payout from a good friend of mine who is max allocated with FTMO. FTMO definitely isn’t a scam. Currently up $500 right now but my goal is definitely to hit 4 figures on this 2nd We would like to show you a description here but the site won’t allow us. People say that is why you never hear about anyone making it to a salaried position with them. I've seen it myself. 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. They pay from failed challenges. But the more people pass and get payout the less Hello, good day everyone. I mean I'm not a prop firm fan at all really but 5%ers sound like they are probably geared more towards swing traders. 22%. It's important to keep in mind that while leverage can increase your potential profits, it also increases your potential losses. Firstly, let's talk about FTMO. However, i have heard that when invoicing FTMO you cant add VAT (20%) because they are based in Prague, so would this make my company liable to pay HMRC that additional 20% out of my companies pocket meaning i lose 50% of my profits as i pay 30% to FTMO and 20% to HMRC? Welcome to FXGears. The ACH transfer already went through and has cleared my bank. I haven't seen their spreads but I do know they use live accounts for their challenges unlike FTMO and FT What is the largest payout a trader has been paid by ment. It took me 2 days to pass the first stage, 4 days to pass the second stage. I think FTMO is actually in the clear. Once I heard mt5 On my funded accounts, I'll have to have 10 trading days with actual trades between each payout. Account Size CHF496,971. I think MFF might’ve gotten away with this if they were operating in a country who’s a little more lax with regulations. If <10% of people complete the FTMO challenge, my guess is over half of those challange winners will break their drawdown rule due to not leaving enough drawdown cushion from previous profits, or just bad trading because they got somewhat lucky with the challenge results and time will reveal the true profitability. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. Maybe for whatever reason, the payout has processed but isn't fully complete on FTMOs side for whatever internal reason. Trading spx500 went short around noon, and it didn’t come back. Looking for serious traders. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I'm sure there are plenty of traders that earn them. Adding to positions to balance out Welcome to FXGears. You can pay for an FTMO Challenge via bank wire transfer, debit/credit card, cryptocurrencies, or Skrill. You truly never pay regular price for challenges in MFF. Looked into topstep and for me what I'm paying for is the challenge itself, and I'm happy to pay it. the split is about 80/20 i think? but you have a pass a test to show you can trade well enough to grow an account without losing more than a percentage of the account. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 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 news releases? Cheers, Share Sort by: Best 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. You can achieve an equal amount of profit from just $10,000 account with own money, taking almost 40% floating DD ($4000), instead of <5% realized DD in FTMO. Personally I got some small pay-outs from prop firms, but unfortunately I wasn't able to get a payout from FTMO as I switched prop firms after I failed my funded account. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO has 2M cap. Yet FTMO will soon become my main source of income, but you do you🤷‍♂️ They make you pay up to 500€ in order to have a “trial period” and if you manage to pass it, they give you an account with up to 100k. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Since FTMO is now gone and that’s what I was planning to use, which other prop firm(USA) is legit? and get 4 payout so far, I never heard anyone complain about them so Because Kortana allows to use hft. It was founded in 2015, earlier than FundedNext which was founded in 2022 and is 2 years old. Fee. I use nova for last 4 months and no issues they do pay . When you become an FTMO Trader, we already know that we can trust your trading skills and abilities to manage risk properly and therefore, we will provide you with top-rated trading conditions in the industry. But I’m still questioning if ftmo would do a So I've been a funded trader with FTMO, which obviously means I've passed phase 1 and 2 of their challenge. With full understanding that there is absolutely zero guarantee on any trade whatsoevwr. Took a 9k payout thinking I'd just roll on a 10k account and I ended up whipsawing all over the place before bombing a 6k drawdown day and taking a big step back. Seems MT4 is just weird that way (at least for me it was) you gotta make 150$ minimum for a payout which is 3% each payout for that account. Posted by u/tryui18 - No votes and 8 comments 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%. FTMO offers 90% payout for 2M. Then the new month you start with your initial balance which is 300k. I chose FTMO because of their reputation in the prop trading space. To ensure you will not be stressed by chasing any targets, we have completely removed the Profit Target requirement to give . You need to demonstrate your experience by sticking to Maximum Loss Rules while making the necessary simulated profits of 10% of initial balance. 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 As long as you don't violate the trading rules / terms & conditions they will pay out. Once I got funded live, took me about a week to hit $20k profit on the $200k account. More than 90,000,000 trades were executed on all accounts in 2021, indicating a reasonably active approach to trading. The downside is you have to pay the 100 dollar fee for CME data once you pass their eval and The amount of people getting to the first payout is 0. But as you can see here on reddit most of them claims that FTMO is the most expensive among all. I am the FTMO ALL-TIME RECORD holder. Regarding account management, MyForexFunds put out some interesting statistics about their traders a couple of months ago. They are ok with paying out those 0. If they pass, you pay. With the FTMO Prop Trading firm, you can get access to an FTMO Account with up to $400,000 of fictitious capital and try what it’s like to trade without the actual risk of losing your money. Got my first payout with TrueForexFunds today. com's Reddit Forex Trading Community! FTMO is a prop firm where you can get a funded account to trade. FTMO promises a Default Payout Ratio: By default, FTMO offers a payout ratio of 80:20, where traders receive 80% of the profits they generate. After my first payout, I'll go for the 300k$ account. com, a trading forum run by professional traders. Step 3 – FTMO Account. I can go on and on but mff wins 🏆. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! My friend has a 200. 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. For an intraday trader though, I agree FTMO is probably a better fit since you'll be able to make better use of the free resets. Especially since my average holding time is 12 days. Even fewer percentage (0. Just take care of one thing that FTMO does not allow you to hold positions over the So to them, it is a completely risk free business. We will be automatically alerted that you have passed your FTMO Challenge and we will proceed to Guys i see to much bad news on borkers cfd like FTMO, MFF and others. 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. Each account can scale to $400k. M1 is made for those looking to build their wealth using powerful automation and topflight rates. Get the Reddit app Scan this QR code to download the app now. Forex, Crypto, Stocks, etc. Try 5ers or ftmo Reply reply Ok_Passenger6803 • 5ers all day 💯 Shit, even with a payout ratio of 3, 50% wr and 20% loss PER trade the ROR is 0. If you prefer to keep 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. Just to put that number into perspective, we are Country KW. Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. How can they afford to pay you a salary if they give you back 100% of the profits ? Another question is slippage and spread, I mainly trade indices (SPX500) with a good consistency, but my strategy aims to capture 0. First payout is this week, which unfortunately will all go towards paying my taxes and bills for other shit lol. $6200 on a 50k funded. Here are the key aspects of the payout system: Default Payout Ratio: By You can search for FTMO interviews on YouTube and watch several videos of people who have been successfully paid by them and find out about the whole process. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Whereas the market orders on ftmo (not all but some) have had insane slippage. The last one isn’t a prop firm but has a lot of long term potential. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! This includes random jobs, online employers, sites that pay you and ways to monetize websites. I placed market order on gold at peak London session and the line of execution on mt4 was FTMO Profit Split, Payout and Withdraw Information. 35% moves in the market (before leverage) with a 2:1 RR on an intraday basis. Have hopeful traders sign up and pay a monthly fee for a SIM account. Equity CHF74,381. 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. $187,200 through bootcamp. The problem is it adds up tons of taxes on your final gains (30% tax, 20% Urssaf as "Prestation de Welcome to FXGears. When you are able to No prop firm company wants you to pass. If it’s your first payout you will get the refund of the initial payment of the challenge as wel. In essence, less than 1 in 100 people who take a paid challenge survive until the first payout and challenge refund. e. a reboot fixed the chart. My friend had a payout from Ftmo for 20k they did pay him out. Verify if said broker is has a solid reputation and do your own trials 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. Share Sort by well with my smaller acc i make around 3% every week, and please dont say i will be waren buffet in 5 years, but thats around average what i come up with every friday, i was thinking about starting a 30 day challenge anyway here on reddit, but yeah this ftmo seems like a no brainer deal then. We prepared a quick article to reveal some well-known as well as lesser-known statistics and figures that you might find interesting. I dislike the drawdown rules but I understand they are there to kind of protect the trader and to get them thinking about risk management. challenge soon, I tried the 100k demo account and I'm doing good so far (2 Traders need to pay fees to participate in the FTMO Challenge and Verification phases. 8 - Win rate of 55-60%. I’ve failed it and failed to keep up with the requirements which got it closed. I guess the main questions are- is that the best way to do this, should I just hire a CPA (suggestions?), and are any of you trading for FTMO/how are you paying your taxes (if you are US based)? I just received my 4th payout from FTMO today. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! The spreads are pretty good but in total i pay about 20% of my profits to commissions. Only 0. That means only 2% make it to the funded stage. They have so many rules on their payouts. He’s a private guy so I can’t share any of his recent ones but this is one from 2022 49 votes, 54 comments. In this case. Tbh MFF is okay, their customer service is kinda bad ngl but there is proofs of pay outs. . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! So this is an FTMO 200k account so I believe the answer to your question is $200,000 Reply reply More replies. IMO, MFF only beats FTMO with better evaluation requirements. I've done challenges on both and I personally prefer FTMO. On-Demand Payouts: FTMO Traders can request payouts on demand, and these can be processed after just 14 days. If I understood them (because their website is all over the place), it's x$ 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. recently during fcmo when it spiked up i had a short position but oh well, shit happens. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. 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 drawdown trails UNREALIZED PROFITS! Such a scam. r/Forex. 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 With FTMO, to get your 70% profit share, you have to invoice them, which I would do from my LLC (once I create it). com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Good work the more everyone identifies the firms willing to pay out will help everyone. wait for it if you wanna pursue it. 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. Trying too hard and studying too hard has diminishing returns and is counterproductive. My advice is if you can afford it, go for FTMO , if not MFF. So I did the analysis of the best challenge to do for max profits over time. com's Reddit Forex Trading Community! But I think they are the only prop firm that does pay a fixed monthly salary on top of the usual profit splits from trading If you search for prop firms, most of them are these new ones with bad slippage etc etc. To be honest. Many traders use FTMO to take advantage of their generous Profit Split – 80/20 or 90/10 with the Scaling Plan, but once you've earned a profit, you might won The default payout ratio for all FTMO traders is set to 80:20, which means traders receive 80% of the profits they generate, while FTMO retains the remaining 20%. I withdraw every 2 weeks. Prop Firms I just started a challenge a month ago and I will share all my experiences 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. 5%+ per month to scale up the accounts every 4 months with ftmo (maybe other firms also). Also keep in mind that if you do pass and get a funded account--currently payouts (with most firms) are only allowed once every 2 weeks which means the odds are in their favor that during those 2 week intervals you will either stop trading once you have a small profit to wait for your payout (as you cant withdraw profits daily), or you will Posted by u/GuiFlam123 - 2 votes and 2 comments What few realize is that most of these prop firms claim to give you say $100,000 account but they are actually giving you a small account with leverage that equals $100,000. com's Reddit Forex Trading Community! FTMO traders are probably trading a simulated trading environment from various sever centers around the world and at certain times of day if certain servers are overloaded could be why you get data hiccups. Reply reply 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. Hallo Geldzaken, Ik zal binnenkort officeel een handelaar zijn onder FTMO (een prop firma die handelaars hun kapitaal geeft om te traden). They're handling my account now and take another 40%. payout is october 8th hopefully i don’t nothing stupid till then 😁 Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! #1 on leaderboard right now on ftmo for $25k funded account. Just to pitch in to this, the reason this wouldn't apply to ftmo or any prop trading firm is it is liable to income tax. I'll ask him if he can share the proof here. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO trading and Payout. I get to pocket the last 40%. With Apex, I got my first payout then my second payout then I had two payouts that I asked for at once, they said, I flipped, I never traded a micro, always a mini, then they said, flipping was because I was in the Trade for a couple seconds, I usually look for 20 ticks, which is five BECAUSE : after this on a 50K if you remove all or most of the money you are left with as litle ast 300-500$ drawdown range because your drawdown stays at 50K once you reached the minimum amount for payout 50K : starting balance 0$ and your drawdowm is at 47000$ you make 3000$ (to request payout), at same time your drawdown moves up 3K too Apex probably takes the cake for payout difficulty. once you're a full FTMO Trader, you can even go on an entire month without trading at all if unforeseen According to MFF's own statistics around 2. After these 2 I’ll be trying FTMO, but after that everything becomes more questionable. And hlo brother i have researched alot about this topic and gained so many crucial things how it actually works, first of all i wanted to tell you that it's completely legal in india , because this is like a freelancer where you are provideing your services to a person or a firms , and you even sign a contract with them via deel where you recieve your payout via various Welcome to FXGears. The site shows tiny payout results. Also, the amounts we pay out to our traders are 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. Overall I'd say mentfunding is for serious daytraders. FTMO does have some downsides though the biggest being the news restrictions. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! You must pay an upfront fee for the opportunity itself, and after 1-2 successful phases you complete you reach a funded status in which you trade with their money at the Pay yourself first as it's not your money. I also only think you can fail the challenge once and lose your initial investment. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 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%). And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. They are not in the business of funding If you’re referring to FTMO, minimum trading days is 10 days for challenge phase & then another 10 days for the evaluation phase. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 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 My name is Bernd Skorupinski. Getting my first payout this I did not contact support. 20 to 0. Payment method. This is where things get interesting. This would be the initial investment, and then he would take some share from the profit split for the monthly payout. Nu weet ik dat de belastingen bij forex rond de 1-2% liggen, wat geldt bij handel van je eigen kapitaal. This is already a generous profit-sharing model compared to many other trading platforms. You never know when you will breach any of the rules or when they changed any of their rules. The best position size and leverage for a $50,000 FTMO account will depend on your trading style and risk management strategy. I am funded with FTMO, I withdrew Welcome to FXGears. Though that FTMO extension is sweet, unlimited time limits, small targets, and faster scaling are sweeter for my strategy. Full of bugs and constantly stuck in zoom in focus on some time frames. I think The5ers and FTMO are the likely the most trusted sources. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Yes FTMO does payout here’s a payout from a good friend of mine who is max allocated with FTMO. Don't you have to pay them money? How much have you paid first? I'm genuinely curious because I've never used one (don't need to, don't plan to) but I'm wondering how much of this $2000 you paid to them first for things like their monthly fee, account resets, etc Passed the first evaluation but failed the second due to emotional trading and holidays season. Started doubting myself, pulling out of trades early and it only goes downhill from there. FTMO take their little slice right off the top from payouts. Expand user menu Open settings menu. 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 •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. Welcome to FXGears. If you earned a total of 60% you will get a payout total of approx. I’m used to trading large accounts 100 mill plus and I wouldn’t even waist my time if people aren’t getting payouts of at least a half mill if they’re very good traders of course. LEARN MORE : If you want to dig deeper into the customer ratings, you can read further on FTMO Reddit reviews. I didn't have the money- I paid $600 ( that i got back when I Trusted modern prop trading firm. Start trading with up to $200,000 on a demo FTMO Account. Unfortunately, this also brings some negative aspects to our business. So if I make $3k in one day, I'll have to make another $7k to be able to withdraw the initial $3k. As you most likely know, there is no Profit Target once your trade on an FTMO FTMO has 5 stars! Check out what 13,561 people have written so far, and share your own experience. The company is filled with mathematicians, engineers, quants, developers, and trading enthusiasts who build multiple trading strategies in order to tackle the challenges in the financial markets. It is [] Made 19k in my first month from a 1k starting account trading ES on ninjatrader. Be the first to comment Nobody's responded to this post yet. After that you’ll have to wait 30 days for your first payout , I believe you can get if after two weeks not sure thought but even with that that’s still minimum 34 days or 50 until a payout . Thank you all for your best wishes. 9%) of those survive until the first payout/refund of challenge fee. Won't be taking anymore trades until payout. This is how its going $12k up since 21st of July. I hate that FTMO doesn't integrate with TradingView and wish they had more futures to trade. 5 Cheap (not so I passed my $200k FTMO challenge a while back and am close to payout. And you get the fee back in your first payout, 14 days since Ftmo Locked post. Once I receive a payout I’ll post a screenshot here. I can't find the stats on how many traders have been funded for the year 2020 in FTMO. i use MT5 now and haven't seen anything like that. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! How long after passing stage 1 & 2 of FTMO challenge do you get real account? Prop Firms As the title says. Please let me PAY you and learn from you. to be fair, they are cheaper than FTMO and they allow trading during news events that's why i tried it out (i believe FTMO doesnt allow it once you are fully funded even for non-swing account) 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. Why pay them for this practice phase. I felt cheated and disappointed. 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 learned a lot in the past Become our next FTMO Trader and work with an initial balance of up to $200,000: https://ftmo. when i used MT4 (macOS) on FTMO i was getting erratic wicks but turns out it was just the software being wonky. 79% lose. The only reason they say they copy trades is to make you believe they have no conflict of interests with you. FTMO has a dashboard that lists the times that the news will be released. If I blow the account (no matter how good you are, always good to keep in mind, even if empirical data suggests otherwise), then it's not a big deal because it's not a main source of income. Highest payouts in the regions. Yes thats exactly it. The research i came up with states that you should have a micro company in France. currently 6% up but would have been a lot more. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hi guys , I've been trading for 3 years now and I'm getting ready to do the ftmo funded. 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 FTMO is 9 years old. When traders fail, get them to pay a fee to re-set the account. Various. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Edit pdf's and place your name, you won't last much on ftmo anyways, so at least get your fee back and some money on the payout and give up on prop firm trading before going 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. Having experience with trading ourselves, we understand that to be a great trader, you need more than just enough capital to trade with. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Try trading with same rules as FTMO, viz, you tracking yourself if all trades were compliant had you been on FTMO. The beginning of a new year marks a perfect time to look back and evaluate what has been done in the past year and what can be improved in the upcoming one. P/L Porn Locked post. Instant. 5% a trade, I just feel like I have been so unlucky this whole time, I haven't won a FTMO developed a unique 2-step Evaluation Process for traders. I received the "Payout Processed" email 42 hours ago. They don't need to risk 10k on each funded trader if 99. Went smooth with 0 Welcome to FXGears. Atleast FTMO is transparent (one-time fee, that you get back if you pass, and 30% comission), and have got a Welcome to FXGears. Try ftmo or the5ers, both firms are traders friendly. 5 rating based on 5 ratings. FTMO gets its server quotes from a 3rd Party meaning that they don’t have control over liquidity or spread which means they aren’t operating as a broker. The company offers funded accounts to traders who meet specific criteria, providing them with an opportunity to trade with significant capital. they don't copy any trades. Daytrading futures, forex, stocks, etc. They'll take a payout and some of it is put into a "jar" that goes towards high-leveraged programs. 92% of people blow the account in phase 1, of the remaining 8% another 75% fail in phase 2. 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 . Try to have less payouts and few good prop firm accounts . (Just gotta wait 5 more days to complete the 10 day requirement) I’m so excited to start. In FTMO, the maximum daily drawdown limit allowed on a $100K account is 5% which is $5,000. Top Step, The Funded Trader, and FTMO are my faves. 24% of people who pass. I know nothing of prop firms, but I'm happy for you. After years of studying and honing my trading skills, I’m thrilled to announce that I’ve received my first payout from FTMO. So Now they will boost the balance of your FTMO Account by 25% Get the Reddit app Scan this QR code to download the app now. i think ftmo has better spreads, i like mff due to being bias as my first prop firm. Or check it out in the app stores &nbsp; &nbsp; TOPICS 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. But they have. 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. They'll trade there normal compounded account with 0. But you do get a payout. Smh. Every trader experiences them. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Topics related to Pay-per-Click (PPC) & other digital ads such 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. I would focus on prop firms that have been around for a Welcome to FXGears. 000, they will payout the profit split every month or at the selected profit split date. And of those funded 50% blow the account before the first withdrawal 😂. The payout system assures traders of seamless and timely withdrawal of profits. During the weekend that has just passed, FTMO announced their account type known as “FTMO Swing” which allows traders to trade news and hold trades through the weekend. I'll put it in the way I look at FTMO. Hope that the traders don't give up to fast and take as much of their $ as possible. This Evaluation Process consists of an FTMO Challenge and a Verification and is specifically tailored to discover trading talents. once you pass they give you the acct, and from then Welcome to FXGears. I have received my payout FTMO’s payout system is designed to provide flexibility and transparency to traders. Transfer Time. They will pay if you pass but they they don't like people passing (except for marketing). I made over $170,000 Welcome to FXGears. They make money solely on people not passing. In January I’ll be starting with The5ers and Darwinex Zero. Name Xv04l4su. Im going to pay for the challenge when i can make $30k. View community ranking In the Top 20% of largest communities on Reddit. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! You only need to earn 2. And no single day's profits can account for more than 30% of the total payout. Due to regulatory reasons, bank transfers are not available for payments/payouts in the case of the following countries: Venezuela, Cuba, Sudan, and Ukraine. Which one gives you more money? Second is the time it takes to Get the Reddit app Scan this QR code to download the app now. We then pay them millions of dollars per month from their proceeds. So basically you pay and you use hft ea to pass and you get funded ac. The offered technical solution for the FTMO platforms and data feed is powered by liquidity providers. The Profit Split Day can be changed up to 3 times for each withdrawal, anytime between 14 This past 30 days I tried my 3rd FTMO challenge of the year after starting forex back in April and I just passed the 2nd stage verification. M1 lets you earn, invest, spend, and borrow all on one financial platform. If you earned the same percentage on Hyper account you will get a total approximate payout of $97,200. Go to FTMO_Forex_Trading r/FTMO_Forex_Trading • by rossquincy007. Maybe I just need to be patient and wait another day. Or check it out in the app stores &nbsp; &nbsp; TOPICS how could a company afford to pay someone 90% to 100%(Apexfunding) of profits generated from a sim account unless the vast majority of aspiring traders weren’t donators to the cause. 5-1. Reply reply [deleted 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. This FTMO review guides you through the FTMO Challenge, including the signup process, member I have a very good experience with FTMO. - To be with other like Welcome to FXGears. Aim for If you don't have a way to save up funds for your own accounts FTMO is great if you know how to trade consistently. If you are a decent trader you should be able to make the 10% in a Welcome to FXGears. I am featured 120 times on the FTMO leaderboard in only 1 1/2 years. Yeah. These are sites and Welcome to FXGears. Congrats big dawg 💪🏾 ; I have a 50k funded account too! Already got my first payout last week and my 2nd payout will be end of this week. I am so hyped and a post like this motivates me a lot. Create rules to the trading that substantially lower the odds of a trader succeeding. After getting funded I ignored the trading plan and my psychology was in shambles. You can meet all their goals but if you don't pass the interview, you can't get to the top. 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. Upon successful completion of the Evaluation Process, you are offered to trade on an FTMO Account with a balance of up to 200,000 USD. First payout upvotes · comments. 1% of those who take a challenge pass both stages. I've been reviewing my trades. 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. I'm sick of taking incorrect notes on my own failing strategies. I've narrowed down and will share some things that stood out and helped me succeed. Or trade a small capital and grow it to afford FTMO which is what I’m doing now 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. Specifically, is there anything that indicates a breakout to you, i. For Christmas I think they’re doing 90% payouts. 4. - No challenge was done in a day or a single lucky trade, all trade has clear risk and SL. FTMO companies do not act as a broker and do not accept any deposits. I’ve passed the first challenge for the $200k account. They have promos every month. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in Ment looks a little bit more strict than ftmo. I know ftmo has a payout date for profits. Share Add a Comment. Or check it out in the app stores &nbsp; &nbsp; TOPICS I've heard of FTMO and MyForexFunds from other people and of dozens of others online (TopStep, SurgeTrader, FundedNext, etc. It doesn’t matter how much money you make on the funded account, it can be $1 or $100. 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. Here’s a list of all instruments supported by FTMO and FundedNext. 3. But the normal payout is 70%. e something you look out Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. Every withdrawal has been multi 5 figures and they have all hit my bank account the same day. Halfway there on the second challenge. I was just wondering how people feel about this as these two things were the only “weaknesses” FTMO had in comparison to other prop firms. MFF did cheat. I am not funded with them and only know about the interview from Reddit. Both have their benefits and both have their drawbacks. aegns qwhws opk qlmwuga yedkfycm lbzz kmzinmr glhjue xkt qazc  »