Ftmo reviews complaints
Ftmo reviews complaints. FTMO offers a variety of account sizes for the challenge, with varying profit targets and maximum drawdown limits. 65 out of 10. We know that reputation is the most valuable aspect of this business and the best way to find out whether a company is legitimate is to simply look for reviews online. You’ll need to demonstrate your trading prowess by hitting these targets consistently while keeping your losses under control. FTMO is a Forex prop firm headquartered in the Czech Republic. 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. FTMO: https://traderoomplus. Many reviewers have shared their experiences of passing the challenge and verification phases, receiving their funded accounts, and getting their profit splits on time. Dec 7, 2023 · FTMO stands out as a highly regarded proprietary trading firm that has captured the attention of numerous experienced traders globally. FTMO offers a range of features that make it a popular choice for traders seeking funded trading accounts. Sep 9, 2024 · FTMO’s Evaluation Program provides traders the opportunity to manage account sizes ranging from $10,000 up to $200,000. Mar 4, 2024 · In the prop trading space, FTMO is a leader - and for good reason. It includes reaching set profit targets FTMO developed a unique 2-step Evaluation Process for traders. Jul 13, 2023 · FTMO là một quỹ cấp vốn ở Cộng hòa Séc, được thành lập vào năm 2015. This review aims to provide an in-depth look into FTMO and the opportunities it offers. It’s designed to provide traders with increased capital, reaching up to $400,000, with a leverage of 1:100, allowing them to maximize their trading potential. 3200$ Aug 20, 2024 · This review of FTMO, a prop trading firm, covers its key features, including an 80% profit split, various account types, and an automatic scaling plan that allows traders to increase their capital with consistent performance. com Nov 28, 2023 · First, I must mention that FTMO has a 4. With an impressive average customer rating of 4. I personally like terminals, statistic app helped me a lot on the way to receive payouts and there is something quite personal as they have raised €1m to support my country during dark ages. Key Takeaways. We paid out more than $190,000,000 to FTMO Traders and sent these payouts to more than 180 states. Among its most talented prop traders are those discovered and developed by the firm. This is where things get interesting, and perhaps a tad nerve-wracking. 8-star rating on Trustpilot based on 8,406 reviews. Discover how this funding program can help traders grow their capital and access the financial markets. Robert is down to earth person who is willing to help and support whenever asked or needed for advice. | Read 21-40 Reviews out of 9,119. Another trader had complaints about FTMO’s rules contributing to excessive slippage. Features. While doing this FTMO review, we found 4206 comments on the Trustpilot platform. 400$ 3. Jan 19, 2023 · FTMO Review. Made almost 10%. Having reviewed trading opportunities offered by the company and reviews posted by FTMO clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the firm’s clients are fully satisfied with the Feb 12, 2022 · 🥷 Become a profitable trader: https://join. You can do your own due diligence and check the reviews of FTMO on renowned review sites – TrustPilot, Forex Peace Army, or Forex Factory. Jan 2, 2024 · FTMO has earned a remarkable 4. Sep 28, 2023 · FTMO account structure is designed for clarity and simplicity to cater to a wide range of traders. This Evaluation Process consists of an FTMO Challenge and a Verification and is specifically tailored to discover trading talents. Today, FTMO has registered traders in 180+ countries. Apr 28, 2024 · FTMO has received lots of positive reviews that praise FTMO for their professionalism, transparency, customer service, and payout process. FTMO is a financial platform that offers tools and resources for traders looking to improve Sep 20, 2023 · What We Say About FTMO. Apr 7, 2024 · FTMO has garnered excellent reviews and ratings from traders across various platforms, including Trustpilot. Feb 10, 2023 · A big scam. This review covers account types, leverage, FTMO Challenge rules and more. FTMO is one of the leading firms in the forex prop trading space with over 6000 new members joining in 2020. 1. In prop trading, FTMO has made its mark as one of the go-to platforms for traders, both new and experienced. You can lose 10% on FTMO with 10% target, so you have to double your account. 93% of these reviewers gave the trading firm a top-tier 5-star rating. Aug 12, 2023 · FTMO has been gaining traction in the trading community for its trader-friendly policies, comprehensive educational resources, and stringent risk management protocols. FTMO User Reviews. Great service and payout received . It has an astounding 4. This FTMO review guides you through the FTMO Challenge, including the signup process, member dashboard and trading platforms. This isn’t just encouraging: it’s unprecedented for prop firms. This review aims to delve deeper into the offerings of FTMO, evaluating its benefits, potential drawbacks, and overall effectiveness for traders. Aug 12, 2023 · FTMO Review • Reviews • Top FX Managers Read our comprehensive FTMO review to discover how this unique funding program can help traders unlock their potential, offering capital, risk management tools, support, and a community of like-minded traders. FTMO academy. But some traders have criticized FTMO; one trader named Raghav complained about the firm’s maximum loss rule. Với hình thức trả phí, FTMO cho phép mỗi Trader quản lý số vốn tối đ Jun 10, 2020 · What Makes FTMO Standout? Unlike its competitors, FTMO is well organized and appears to be truly focused on their clients (traders). But here are a couple I feel are worth mentioning: Hugues RABIA. FTMO developed a unique 2-step Evaluation Process for traders. com/s/ftmoFunded Trading Plus: https://fundedtradingplus. The technical aspect of FTMO Jan 20, 2024 · The FTMO Evaluation Process: A Three-Stage Journey to Success FTMO’s evaluation process is meticulously designed to sift and support talented traders. Apr 23, 2022 · The traders can remotely manage up to 200,000 USD and continuously make the account grow according to our Scaling plan. May 10, 2024 · FTMO is one of the best proprietary trading firms in the financial market with the TU Overall Score of 9. Established in 2015, Czech Republic-based FTMO is one of the leading prop firms in the industry, and for good reason. 1600$ 5. April 30, 2024 January 19, 2023. Để nhận tài khoản cấp vốn của FTMO, bạn cần vượt qua 2 vòng thử thách không giới hạn thời gian trong giai đoạn đánh giá. . You need to demonstrate your experience by sticking to Maximum Loss Rules while making the necessary simulated profits of 10% of initial balance. With FTMO, investors can trade various instruments, such as Forex, stocks, cryptocurrencies, bonds, and more. However, 2% of them were rated 1-star which is still a high number. Mar 18, 2023 · Trader’s Reviews of FTMO. This is a testament to their exceptional service and trustworthiness in the forex trading community. These negative ratings are the exception rather than the rule. 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. 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. Jun 23, 2024 · FTMO Challenge Explained. I handed it over with 1,3% in profit, and they managed to get it to over -10% in a few hours! FTMO developed a unique 2-step Evaluation Process for traders. Review FTMO Pros and Cons. Oct 22, 2023 · The general sentiment suggests that FTMO stands tall as a reliable and trader-centric prop trading firm, with most users having a positive experience. 8/5 rating on Trustpilot, with 2,400+ reviews. " FTMO developed a unique 2-step Evaluation Process for traders. FTMO enjoys a stellar reputation on Trustpilot with a rating of 4. thesimpletradingedge. Rating. FTMO is the best prop firm around, customer support is superb and I don't have any complaints regarding technology stack or trading conditions. Recently received my first payout with ftmo on my 50k swing account. FTMO earns rave reviews and is, without a doubt, one of the highest-rated prop firms out there. What clients are complaining about are fixed prices and manipulated spreads. FTMO Alternatives Feb 21, 2024 · FTMO Reviews by Users. We also take a closer look at the evaluation process, trading objective details and pricing. Even though every challenge participant has to pay in order to participate in the Challenge and get a chance at managing FTMO’s capital, the company provides additional tools to help traders with their trading, daily access to fundamental and technical analysis Apr 2, 2024 · FTMO is a proprietary trading firm, considered by some media and traders to be the best of its kind. Aug 12, 2023 · FTMO Review and Feedback FTMO has received widespread recognition for its novel approach to prop trading and the opportunities it provides to traders worldwide. com/s/ytdcHow To P Jul 6, 2024 · FTMO offers a variety of account types to cater to different trading preferences and strategies. FTMO Review 2023 is finally here, we are excited to be sharing our honest feedback on how we would rank FTMO based on our personal and trading communities ex Aug 12, 2023 · In this FTMO review, we explore the features, evaluation process, risk management, profit sharing, and educational resources offered by FTMO. Users have lauded the platform for its robust risk management parameters, which encourage responsible trading behavior. Editor’s Verdict. Some of them have also posted Oct 13, 2023 · Negative Reviews. The good news is that the firm covers all losses if any. 8 out of 5 star rating on TrustPilot, meaning the majority of users are happy with the service. Aug 18, 2023 · FTMO Reviews and Ratings. Understanding these account types can help traders make informed decisions based on their goals and trading styles. Over 6 million trades are opened every month The FTMO Challenge is the first step of Evaluation Process and educates you to master your trading habits. com is very good for beginners like me. Reviews on Forex Peace Army FTMO developed a unique 2-step Evaluation Process for traders. The company was founded in 2015, so it is relatively young compared to others prop firms that have been in the market for more than 10 years. 9 out of 5, based on over 6,600 reviews, FTMO has demonstrated its commitment to customer satisfaction. This competitive phase involves meeting specific Aug 12, 2023 · In this comprehensive review, we will dive into the features, evaluation process, funding options, risk management rules, and support provided by FTMO. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. FTMO is legit because it has paid more than 170 million USD in payouts and has around a million active traders on its platforms; The profits-sharing ratio of 90-10 is one of the best on the market, and FTMO offers free educational materials and professional coaching to help you become a better trader Aug 12, 2023 · The firm operates on the fundamental belief that talented traders can be discovered and nurtured through systematic and rigorous testing. FTMO or any Forex funded account for that matter, is not worth your time and doesn’t make you any money in long-term. The FTMO Trader is eligible to keep up to 90% of your profits. See full list on modestmoney. It unfolds in three stages: The FTMO Challenge: This initial test assesses a trader’s skill, discipline, and adherence to specific objectives. The FTMO Challenge is the first step of Evaluation Process and educates you to master your trading habits. They blew up my FTMO challenge with 1 trade. Various reviews indicate: FTMO developed a unique 2-step Evaluation Process for traders. Here are testimonials of our traders. Whether you’re an aspiring trader or an experienced professional, this review will help you determine if FTMO is the right fit for your trading goals. FTMO is demo account and just a trading tournament with a winning edge for the company. Additionally, 4% of the reviewers rated it four stars. The FTMO Challenge is the initial step for traders aiming for a funded account. Introduction. com/Our Funded Trading Discord: https://traderoomplus. What Is FTMO? FTMO was founded in 2017 by owner Otakar Suffner with the aim of providing funded accounts to talented traders. I am soo happy to join ftmo academy as my trading has dramatical improve and the tools given are so helpfull especial the trade spider, instrument scanner and the ADR help me to enter the Feb 8, 2024 · FTMO started its business operations in 2020 and has seen immense growth since its inception. 2 reviews. 4. FTMO has 5 stars! Check out what 13,301 people have written so far, and share your own experience. If you can make 10% on FTMO for 5 months, on your private account you will have: Month 0: 100$ 1: 200$ 2. 9 stars out of 5, based on 5,535 reviews . The team are incredibly supportive and I found the whole process to receive my funds very simple. One of the most notable aspects of the offering is that their profit split starts at 80% which is already higher than many other prop trading firms. 800$ 4. If you watch any FTMO reviews, you will find split customer opinions. com/ste-waitlist-vslHas my opinion changed for FTMO after 2 years of working on and off with You don't get his logic, because you apply the same rules to a private account. FTMO has 5 stars! Check out what 13,475 people have written so far, and share your own experience. Sep 12, 2024 · Attention Forex Traders, I want to share my unfortunate experience with FTMO, a prop trading firm. A big scam! They take on very large positions (mostly on XAUUSD) with no stoploss. They offer various challenges like the 10k, 25k, 50k, 100k, and 200k, allowing traders to choose based on their skill level, risk tolerance, and trading strategy. aonv lzin pzd qgm roart squidyu wpks nlshmh rcsbohnis jeib