Ftmo payout proof reddit. Who has some payout proof like, I feel like some of the payout proof looks not really that legit. com, a trading forum run by professional traders. I know, personally, north of 5 traders (who don't care to post online) who have taken out 5 figure sums from FTMO thus. Your starting account of $100k now sits at $400k as you've chosen to keep… I can't find the stats on how many traders have been funded for the year 2020 in FTMO. "How high in % was your first payout and how does it fell? 3%, or $1500. FTMO is legit, and I assume they have a lot of very successful traders. (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. 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 payout of 2,026,505 (updated December). Trying out funding pips as I saw some positive reviews on reddit, if they don't give me a satisfactory reply I'm probably gonna file a Apr 28, 2024 · 8-Hour Average Payout Processing Time: FTMO’s commitment to efficiency is evident in its quick payout processing time. My guess why it is so low: reaching payout means having to pass three quite high tests in a row, obviously somewhere along that line almost everyone stumbles. Welcome to FXGears. This is my 3rd time with FTMO. 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. My view on copy trade is different, especially because we work with it. They'll trade there normal compounded account with 0. But for the challenge, they're faced with the same problem as before. May 21, 2024 · 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 92% of people blow the account in phase 1, of the remaining 8% another 75% fail in phase 2. Maybe for whatever reason, the payout has processed but isn't fully complete on FTMOs side for whatever internal reason. 10 votes, 30 comments. IMO, MFF only beats FTMO with better evaluation requirements. Swing traders can go through a multi-month drawdown even with a profitable strategy, b currently 6% up but would have been a lot more. Payment method. 388K subscribers in the Forex community. The5ers encourage consistency, that’s why they give 6 months-1 year for the trial period, and no time limit once you are funded. As long as you keep the challenge fee money aside, you can retake it again if you happen to lose it. 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 If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Do I have to close my positions overnight? Which instruments can I trade and what strategies am I allowed to use? Though that FTMO extension is sweet, unlimited time limits, small targets, and faster scaling are sweeter for my strategy. Maybe I just need to be patient and wait another day. 9%) of those survive until the first payout/refund of challenge fee. 380 votes, 119 comments. recently during fcmo when it spiked up i had a short position but oh well, shit happens. When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. Then you have to complete the challenge where you have to make 10% in one month while adhering to their drawdown conditions. Now we can trade through high impact news and hold runners over the weekend if we want. 3 pips(its a lot for me as I'm scalping with 6-12 pips stop losses), while on FTMO my stop loss order hit with no slippage, made sure there were no news events or rollover spread too. FTMO does have some downsides though the biggest being the news restrictions. My opinion would be go for it, but be disciplined and use it to fund your personal account to a good size account (10k, 25k, 100k, whatever you're comfortable with). If you pass the challenge then you'll move onto the verification. 9 pip spread on Tokyo session is unacceptable, I get 0. - To be with other like-minded forex traders. the deal was get nothing or do a video saying u made 100k Is an open secret all the firms do it to my knowledge. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. And of those funded 50% blow the account before the first withdrawal 😂. I got slipped 4. I just got slipped 4. So, whatever you earned (minus 20%) + your challenge fee. 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… What is the largest payout a trader has been paid by ment. therangeideology. First 25,000$ of profits completely mine. I don't know which prop firm this is, but FTMO has the highest entry barrier as far as I know (10% profit in a month). Please note that your status (Natural Person, Legal Entity) will be based on the option you selected during your first order purchase, depending on You can find plenty of payout proof for FTMO, MFF, TFTP and others. 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. Posted by u/dbro129 - 10 votes and 13 comments So i've paid around 33% of my profits in swap fees, just because i held the trade for 26 hours. The site shows tiny payout results. lost $400 twice. 3M subscribers in the Daytrading community. In essence, less than 1 in 100 people who take a paid challenge survive until the first payout and challenge refund. 3 pips on USDJPY, no rollover no news, London session. We then pay them millions of dollars per month from their proceeds. Due to regulatory reasons, bank transfers are not available for payments/payouts in the case of the following countries: Venezuela, Cuba, Sudan, and Ukraine. I would just stick with FTMO or some of the more popular and well-established firms. Transfer Time. I take you guys through the entire process live as I create the invoice, mess up and They'll take a payout and some of it is put into a "jar" that goes towards high-leveraged programs. "When you pass the phase 2 of the Challenge, will FTMO pay you the refund OR will they only pay your refund when you achieve your first payout?" You get your challenge fee back AFTER your FIRST payout. 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. Those who are really skilled and experienced can make very good money through FTMO without risking their own capital. o Reddit. Posted by u/THE-KING-italy - 96 votes and 215 comments Trusted modern prop trading firm. e. In this video, you will see the metrix and proof for my largest FTMO payout at the time. tdotforex. Still very happy with my results. Real fuking hard. Sorry OP but that's a dumb question. 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. Or trade a small capital and grow it to afford FTMO which is what I’m doing now You initially pay for a challenge account. 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. Start trading with up to $200,000 on a demo FTMO Account. Why isn't there any proof of FTMO scamming people. com's Reddit Forex Trading Community! Here you can converse about… FTMO is without a doubt the largest and most widely used online forex prop firm in the industry. I'll ask him if he can share the proof here. I learned a lot in the past months, backtested a lot every fucking day mate. Especially since my average holding time is 12 days. Main: https://www. Let's say you've been trading with FTMO for a year. . comCourse: https://www. Welcome to FXGears. I've seen it myself. Taking next to no risk this week. 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. And now i have to pay another 15% in profit share so i will end up losing around 50% of all my profits. -ftmo's business model is based on the failed challenge fees. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. I have 2 questions: 1- When have you received your account after passing the challenge? 2- When do I receive the refund for challenge & how do I receive it? Side note: I have tried 7 prop firms since last year. That means only 2% make it to the funded stage. 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 payment mehtod , bank 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. 10%/month like FTMO is not realistic imo. The real question is do YOU have a consistent and profitable method? That is the real question. The ACH transfer already went through and has cleared my bank. For swing traders, it's a great improvement too once they actually get the funded account. Its a money printing machine on the biz side plus you can piggyback/sell the gem traders. FTMO's 70/30. Tbh MFF is okay, their customer service is kinda bad ngl but there is proofs of pay outs. I've made 4 withdrawals since May. I take you guys through the entire process live as I create the invoice, mess up and The Profit Split on an 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. 20 votes, 56 comments. That guy u mentioned is Art, 100k payout requested but in reality only 50% paid (50k). 1% risk and trade-copy to there "dispensable accounts" with 10x multiplier. 5 months per scale up. Their scaling plan of 10%/4 months is more realistic. 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. which is more than enough to pay out the traders that do make money (90%+ loose) -the really great traders with good rm and consistency over a longer term basis get copy traded onto a larger live account. Provided there is some profit on the FTMO Account from the simulated trading, the Profit Split Day can be changed up to 3 times for each withdrawal May 21, 2024 · 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 What payment methods are available? You can pay for an FTMO Challenge via bank wire transfer, debit/credit card, cryptocurrencies, or Skrill. I'm by no means bragging, I'm simply stating that FTMO is worth it and anything worth doing is hard. Really can't recommend this prop firm. Over the last few years the company has grown over 40,000% and 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. Let me guess, you don't have a backtested working strategy, can't manage your risk, you're overleveraging, can't handle your emotions, you're bitter and blaming FTMO/others for it. Will post an update with proof of the payout! I received the "Payout Processed" email 42 hours ago. 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. Good afternoon Traders! I have successfully passed my $100K FTMO challenge. They pay out small amounts regularly under the agreed radar but larger above the radar they reject argue reduce & censor if not ban u. 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. My advice is if you can afford it, go for FTMO , if not MFF. after seeing the proof, I am able to recommend them over other trader scouting services. They don't have to scam. Daytrading futures, forex, stocks, etc. Any Canadians with FTMO that can help? I was expecting a profit split from FTMO via bank wire, but apparently my bank canceled the transaction(per… Yes, my friend was able to get a $4540 pay-out from FTMO. Similar trade on FTMO did not slip, another trade I got stopped out when the price was 0. Could you help us with your clone account size? And i really curious if you scale it up to >1-2M$, will FTMO do something with you? Thanks a lot for your answer. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. 9 pips away, also had the same trade on FTMO that did not get stopped and went on to take profit. 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. 0. Even on Gold I notice there spreads can get a little high. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. It's a huge improvement for day traders at least. Highest payouts in the regions Posted by u/Existing_Job8215 - 4 votes and 16 comments Took me an average of 1. 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. Even fewer percentage (0. payout is october 8th hopefully i don’t nothing stupid till then 😁 I've done challenges on both and I personally prefer FTMO. once you're a full FTMO Trader, you can even go on an entire month without trading at all if unforeseen The relationship between an FTMO Trader and FTMO is based on the FTMO Account Agreement that we will sign with you after you pass your FTMO Challenge and Verification as well as the KYC/KYB process. There are 4 different challenge accounts you can pay for: $10,000, $25,000, $50,000, and $100,000. 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. 210 votes, 81 comments. Traders can access their earnings swiftly, which is crucial for those who rely on trading as their primary source of income. Sep 27, 2020 · In this video, I share my FTMO payout/profit split proof and withdrawal. I am so hyped and a post like this motivates me a lot. I gotta say, the markets have been pretty easy to trade lately. 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 bankrupt Reply reply •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. com's Reddit Forex Trading Community! Does FTMO actually pay out their 90% profit? take up the challenge with the biggest account like for 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. FTMO payout proof. The max daily loss is the thing you need to watch out for. -Share FUNNY Trading Passed the first evaluation but failed the second due to emotional trading and holidays season. And when you pay for a”100k” account you are only paying 10k since if you lose 10k you’re done. Thus, during our time on the market we have been able to create more than 138,000 FTMO Accounts for our FTMO Traders. Looking for serious traders. We deliver a Trade on the platform and you pay only if there is a profit. You have to be profitable to be able to make money on their After your first payout with FTMO you basically are playing with house money. 2 on FTMO. I passed, focusing on my risk management, not profit. nfnwdofgwizbmogrlyoijycrwtyhpqgvukbkzqbrczwqry
