Ftmo review reddit forex. com, a trading forum run by professional traders.
- Ftmo review reddit forex Traders and investors from around the world are attracted to the company's very competitive profit split, which is up to 90%. com Feb 8, 2024 · The clear focus and strength of FTMO is forex with 44 tradeable currency pairs. The idea, however, was conceived a year prior by a bunch of young day traders in the ‘City of a Hundred Spires,’ although the official co-founders are Otakar Suffner (CEO) and Marek Vasicek (CTO). Various reviews indicate: Apr 28, 2024 · In this comprehensive review, we will delve deep into the various aspects of FTMO, including its evaluation process, account types, payout system, and more. Also, the ability to trade crypto CFDs like Bitcoin Dash, Etherum and Litecoin makes FTMO unique and a good Mar 4, 2024 · With FTMO, investors can trade various instruments, such as Forex, stocks, cryptocurrencies, bonds, and more. I think it might be prudent to set reminders up on every FTMO pass thread and ask the OP how they are going after 3-6 months. On this community our goal is to share most latest forex trading manual and automated strategies. . You can see the thread about us on the most respected Forex review site - Forex Peace Army and see for yourself. Do your research but so far, my experience with MFF has been great. com's Reddit Forex Trading Community! Here you can converse about… Welcome to FXGears. Unfortunately, many are not quite right and many are misleading. Being able to trade at night while still holding a 9/5 is something you can really only do with forex/ crypto. FTMO’s model is very innovative though … once having passed the Challenge and Verification test phases and having become eligible to participate on the FTMO platform, the so-called FTMO ‘trader’ basically just plays an electronic game of simulated trading with virtual funds Welcome to FXGears. But is the firm legit? Check out our FTMO trading review to find out. The reviews and testimonials are all 100% organic. There are tons of reasons to trade forex in US. Leave your review to help others. For swing traders, it's a great improvement too once they actually get the funded account. Feb 8, 2024 · The clear focus and strength of FTMO is forex with 44 tradeable currency pairs. But for the challenge, they're faced with the same problem as before. Forex trading can be risky and that’s why you should calculate your risk and how much you can afford to lose. Funded traders receive up to 90% of profits. " Welcome to FXGears. never pay regular price for challenges in MFF. And still, I would be way more stressed out having a drawdown period on my personal account than on a FTMO account. Now we can trade through high impact news and hold runners over the weekend if we want. FTMO or any Forex funded account for that matter, is not worth your time and doesn’t make you any money in long-term. 326K subscribers in the Forex community. This is a testament to their exceptional service and trustworthiness in the forex trading community. 323K subscribers in the Forex community. It's a huge improvement for day traders at least. This FTMO review guides you through the FTMO Challenge, including the signup process, member dashboard and trading platforms. Posted by u/uiy564896432 - 1 vote and 6 comments Welcome to FXGears. Tradeable assets include Forex, cryptos, commodities, indices and stocks. Yes, from my review of the same question, I believe US persons or entities can participate on the FTMO platform. 43 votes, 88 comments. Many reviewers have shared their experiences of passing the challenge and verification phases, receiving their funded accounts, and getting their profit splits on time. FTMO is a Forex prop firm headquartered in the Czech Republic. The company is known for its thorough evaluation process that ensures only the best traders in the game get to join their team. the best prop firm is still the same: FTMO i received my payout with quick international transfer within 3 hours to my bank account. Some of them have also posted Welcome to FXGears. Swing traders can go through a multi-month drawdown even with a profitable strategy, b Welcome to FXGears. I had two accounts with them, and when I made significant profits of $15000 on one account and $19000 on other account, they refused to make my payments, claiming it was due to "over risk exposure. Jan 19, 2023 · FTMO is a Europe-based online prop firm that works with traders from all across the globe. Competition in the space makes everyone better off! Now is the time to take advantage guys ftmo profit split update Welcome to FXGears. They don’t use EightCap like many do, and systems have always been stable in terms of execution speeds, slippage etc. While it is exciting to see the amount of FTMO passing going on, I need to be a buzzkill and remind you that the majority of people fail those challenges and just keep taking them until they pass. 4 days ago · Attention Forex Traders, I want to share my unfortunate experience with FTMO, a prop trading firm. Apr 28, 2024 · FTMO has received lots of positive reviews that praise FTMO for their professionalism, transparency, customer service, and payout process. FTMO positions itself as a gateway to financial independence for traders. Editor’s Verdict. While the evaluation process is challenging, the potential rewards and tools make it worthwhile for those with solid trading strategies and risk management skills. Forex offers better returns than trading stocks. Positive Reviews: They have positive reviews on platforms like Trustpilot and Forex Peace Army. Jul 31, 2024 · FTMO Funding Overview Profit Split 80% to 90% Daily Loss 5% - 10% Max Drawdown - Profit Target 5% - 20% Tradable Products Forex, Indices, Metals, Hi all. FTMO enjoys a stellar reputation on Trustpilot with a rating of 4. FTMO is demo account and just a trading tournament with a winning edge for the company. Mar 4, 2024 · With FTMO, investors can trade various instruments, such as Forex, stocks, cryptocurrencies, bonds, and more. FTMO is legit and has been around for a while. Their challenges are a bit tougher than My Forex Funds where I'm currently funded. FTMO has 5 stars! Check out what 16,956 people have written so far, and share your own experience. 9 stars out of 5, based on 5,535 reviews . It's way quicker than building up your personal account from 150 to 10k. In high time frame, US market is almost always biased long. FTMO official response: Hi there folks, thanks for your comments. wait for it if you wanna pursue it. Aug 18, 2023 · FTMO Reviews and Ratings. I've been really impressed with FTMO's… See full list on theforexgeek. You only need to pass 8% in the first round and 5% in the 2nd to get funded and drawdown is 12%. Date of experience: December 12, 2024. Having a good Risk Management plan can be very helpful in this regard. 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) Welcome to FXGears. Prices are relatively higher than other firms but Welcome to FXGears. cz. Forex is 24/5. And even extra 10% more for those qualifying under the scaling plan. com, a trading forum run by professional traders. FTMO - I’d advise anyone to use FTMO before another firm as an overall choice, simply because they’re possibly the most established and reputable firm among the industry. FTMO is generally considered a trustworthy prop firm based on several factors: Long Track Record: Established in 2015, FTMO has a history of operating successfully and paying out traders. Find out more about this broker's top features, pricing, pros and cons and regulatory information. Feb 9, 2021 · So, who are the FTMO? Headquartered in Prague, Czech Republic, the fund was established in 2015 on the now-defunct website, Ziskejucet. 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. Makes great for investing but less great for trading. Despite it's CFD, you don't have the issues of future prop firms like contracts limitation, trailing drawdown, performance day conditions, no refund the FTMO spread is acceptable for day trading especially during NY session for indices Welcome to FXGears. FTMO is a reputable choice for experienced traders looking to trade with a prop firm. It was the Technology Fast 50 Winner by Deloitte for the past four years, has prop traders from 180+ countries, a maximum profit-share of 90%, allows maximum leverage of 1:100, a two-step verification process, and has no strategy restrictions on the MT4, MT5, and cTrader trading platforms. Forex trading Robots and various Expert Advisors! Members Online Welcome to FXGears. Old is Gold. They have promos every month. 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. With FTMO, after 2 months of consistent trading you can have that capitol to trade with. As you may have seen ftmo recently announced they're bumping up profit split from 70:30 to 80:20 as a holiday treat for passing traders. com's Reddit Forex Trading Community! Here you can converse about trading ideas… Welcome to FXGears. Welcome to FXGears. FTMO is one of the fastest growing proprietary trading firms with funded trading accounts. Educating yourself on forex trading will help you build a solid understanding of its mechanics, and familiarize yourself with a trading platform. In summary, FTMO stands out as an innovative and trader-friendly Forex prop firm, offering high profit shares, flexible trading conditions, and supportive tools that empower traders to achieve their trading objectives while contributing to the firm's continued growth and success. Sep 9, 2024 · As mentioned above, FTMO is partnered with a tier-1 liquidity provider with the best simulated real market trading conditions, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, stocks, and cryptocurrencies with a leverage of up to 1:100, depending on the trading instrument that you Welcome to FXGears. Also, the ability to trade crypto CFDs like Bitcoin Dash, Etherum and Litecoin makes FTMO unique and a good Sep 26, 2024 · Learn how FTMO compares to other brokers. Took me several challenges to pass but all worth it. lgy tvtn giet bkfw kaelxn vpjttj nshza aqmo nnk bui
