Ftmo reviews complaints

Ftmo reviews complaints. Various reviews indicate: FTMO developed a unique 2-step Evaluation Process for traders. FTMO is demo account and just a trading tournament with a winning edge for the company. com/s/ytdcHow To P Jul 6, 2024 · FTMO offers a variety of account types to cater to different trading preferences and strategies. This is a testament to their exceptional service and trustworthiness in the forex trading community. Jun 23, 2024 · FTMO Challenge Explained. 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. Sep 12, 2024 · Attention Forex Traders, I want to share my unfortunate experience with FTMO, a prop trading firm. In prop trading, FTMO has made its mark as one of the go-to platforms for traders, both new and experienced. Apr 23, 2022 · The traders can remotely manage up to 200,000 USD and continuously make the account grow according to our Scaling plan. See full list on modestmoney. Users have lauded the platform for its robust risk management parameters, which encourage responsible trading behavior. With an impressive average customer rating of 4. FTMO: https://traderoomplus. Key Takeaways. 9 out of 5, based on over 6,600 reviews, FTMO has demonstrated its commitment to customer satisfaction. Established in 2015, Czech Republic-based FTMO is one of the leading prop firms in the industry, and for good reason. May 10, 2024 · FTMO is one of the best proprietary trading firms in the financial market with the TU Overall Score of 9. 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. 93% of these reviewers gave the trading firm a top-tier 5-star rating. Sep 9, 2024 · FTMO’s Evaluation Program provides traders the opportunity to manage account sizes ranging from $10,000 up to $200,000. Sep 28, 2023 · FTMO account structure is designed for clarity and simplicity to cater to a wide range of traders. Understanding these account types can help traders make informed decisions based on their goals and trading styles. Aug 12, 2023 · FTMO has been gaining traction in the trading community for its trader-friendly policies, comprehensive educational resources, and stringent risk management protocols. FTMO is a Forex prop firm headquartered in the Czech Republic. But some traders have criticized FTMO; one trader named Raghav complained about the firm’s maximum loss rule. Với hình thức trả phí, FTMO cho phép mỗi Trader quản lý số vốn tối đ Jun 10, 2020 · What Makes FTMO Standout? Unlike its competitors, FTMO is well organized and appears to be truly focused on their clients (traders). One of the most notable aspects of the offering is that their profit split starts at 80% which is already higher than many other prop trading firms. Jan 19, 2023 · FTMO Review. The good news is that the firm covers all losses if any. 4. Aug 18, 2023 · FTMO Reviews and Ratings. Today, FTMO has registered traders in 180+ countries. 400$ 3. . 8/5 rating on Trustpilot, with 2,400+ reviews. 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. com/s/ftmoFunded Trading Plus: https://fundedtradingplus. Reviews on Forex Peace Army FTMO developed a unique 2-step Evaluation Process for traders. Made almost 10%. 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. A big scam! They take on very large positions (mostly on XAUUSD) with no stoploss. You need to demonstrate your experience by sticking to Maximum Loss Rules while making the necessary simulated profits of 10% of initial balance. 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. FTMO developed a unique 2-step Evaluation Process for traders. 1. The FTMO Challenge is the first step of Evaluation Process and educates you to master your trading habits. If you can make 10% on FTMO for 5 months, on your private account you will have: Month 0: 100$ 1: 200$ 2. Introduction. Some of them have also posted Oct 13, 2023 · Negative Reviews. " FTMO developed a unique 2-step Evaluation Process for traders. We paid out more than $190,000,000 to FTMO Traders and sent these payouts to more than 180 states. Robert is down to earth person who is willing to help and support whenever asked or needed for advice. Dec 7, 2023 · FTMO stands out as a highly regarded proprietary trading firm that has captured the attention of numerous experienced traders globally. | Read 21-40 Reviews out of 9,119. Recently received my first payout with ftmo on my 50k swing account. FTMO has 5 stars! Check out what 13,301 people have written so far, and share your own experience. This review aims to delve deeper into the offerings of FTMO, evaluating its benefits, potential drawbacks, and overall effectiveness for traders. 800$ 4. The FTMO Trader is eligible to keep up to 90% of your profits. This review covers account types, leverage, FTMO Challenge rules and more. You can lose 10% on FTMO with 10% target, so you have to double your account. FTMO is the best prop firm around, customer support is superb and I don't have any complaints regarding technology stack or trading conditions. 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. Discover how this funding program can help traders grow their capital and access the financial markets. You’ll need to demonstrate your trading prowess by hitting these targets consistently while keeping your losses under control. Apr 28, 2024 · FTMO has received lots of positive reviews that praise FTMO for their professionalism, transparency, customer service, and payout process. 9 stars out of 5, based on 5,535 reviews . FTMO is a financial platform that offers tools and resources for traders looking to improve Sep 20, 2023 · What We Say About FTMO. FTMO offers a range of features that make it a popular choice for traders seeking funded trading accounts. 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. Among its most talented prop traders are those discovered and developed by the firm. FTMO User Reviews. With FTMO, investors can trade various instruments, such as Forex, stocks, cryptocurrencies, bonds, and more. This isn’t just encouraging: it’s unprecedented for prop firms. It has an astounding 4. This is where things get interesting, and perhaps a tad nerve-wracking. April 30, 2024 January 19, 2023. com Nov 28, 2023 · First, I must mention that FTMO has a 4. You can do your own due diligence and check the reviews of FTMO on renowned review sites – TrustPilot, Forex Peace Army, or Forex Factory. 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. The FTMO Challenge is the initial step for traders aiming for a funded account. This Evaluation Process consists of an FTMO Challenge and a Verification and is specifically tailored to discover trading talents. FTMO earns rave reviews and is, without a doubt, one of the highest-rated prop firms out there. FTMO has 5 stars! Check out what 13,475 people have written so far, and share your own experience. 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. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. This FTMO review guides you through the FTMO Challenge, including the signup process, member dashboard and trading platforms. 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. 8 out of 5 star rating on TrustPilot, meaning the majority of users are happy with the service. Apr 7, 2024 · FTMO has garnered excellent reviews and ratings from traders across various platforms, including Trustpilot. What clients are complaining about are fixed prices and manipulated spreads. FTMO enjoys a stellar reputation on Trustpilot with a rating of 4. Features. 8-star rating on Trustpilot based on 8,406 reviews. FTMO or any Forex funded account for that matter, is not worth your time and doesn’t make you any money in long-term. 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. 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. Many reviewers have shared their experiences of passing the challenge and verification phases, receiving their funded accounts, and getting their profit splits on time. What Is FTMO? FTMO was founded in 2017 by owner Otakar Suffner with the aim of providing funded accounts to talented traders. They blew up my FTMO challenge with 1 trade. We also take a closer look at the evaluation process, trading objective details and pricing. FTMO academy. Jan 2, 2024 · FTMO has earned a remarkable 4. 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. Mar 4, 2024 · In the prop trading space, FTMO is a leader - and for good reason. thesimpletradingedge. Editor’s Verdict. 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. 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. It includes reaching set profit targets FTMO developed a unique 2-step Evaluation Process for traders. FTMO offers a variety of account sizes for the challenge, with varying profit targets and maximum drawdown limits. Here are testimonials of our traders. Great service and payout received . 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. But here are a couple I feel are worth mentioning: Hugues RABIA. Mar 18, 2023 · Trader’s Reviews of FTMO. 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. Feb 10, 2023 · A big scam. 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. While doing this FTMO review, we found 4206 comments on the Trustpilot platform. Additionally, 4% of the reviewers rated it four stars. The team are incredibly supportive and I found the whole process to receive my funds very simple. 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. FTMO is one of the leading firms in the forex prop trading space with over 6000 new members joining in 2020. com/Our Funded Trading Discord: https://traderoomplus. If you watch any FTMO reviews, you will find split customer opinions. 1600$ 5. These negative ratings are the exception rather than the rule. Jul 13, 2023 · FTMO là một quỹ cấp vốn ở Cộng hòa Séc, được thành lập vào năm 2015. Review FTMO Pros and Cons. 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. 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. 65 out of 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. 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. It unfolds in three stages: The FTMO Challenge: This initial test assesses a trader’s skill, discipline, and adherence to specific objectives. Another trader had complaints about FTMO’s rules contributing to excessive slippage. FTMO Alternatives Feb 21, 2024 · FTMO Reviews by Users. However, 2% of them were rated 1-star which is still a high number. 2 reviews. This review aims to provide an in-depth look into FTMO and the opportunities it offers. com is very good for beginners like me. Rating. 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. yukax lbwfno nitbwnxs zogj khkemn lhxjh adtmcpe ctkhv nbybzzl roi