Ftmo indonesia reddit
Ftmo indonesia reddit. " View community ranking In the Top 1% of largest communities on Reddit. AutoModerator • Additional Welcome to FXGears. Let's face it, a lot of traders fail and lose money and I admit it myself, if I hadn't used a trader to pass my tests, I probably would have lost money from the start and lost hope. FTMO developed a unique Evaluation Process for traders, consisting of an I want to trade on FTMO - max leverage is 1:3 for my symbols. I noticed that their payouts for the higher tiers is 100%. does anyone have knowledge about it I've seen a lot of FTMO Youtube videos interviewing some of their profitable traders who are making anywhere from maybe 5k - 50k profit split in a month. You are trading with their money with the intent of producing a return against the market. . Hilarious. Sort by: Best. The reviews and testimonials are all 100% Welcome to FXGears. I used FTMO in the past and they are legit, I was able to withdraw and everything but I had to change my strategy and it doesn't work with FTMO's parameters. Many of us on Reddit have probably used MFF in the past, and it is well known for their shitty spreads. That way I can be at my computer whenever I want. This is why I recently have been focused Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about 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. You can bounce back and continue trading. Welcome to FXGears. FTMO . 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. 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. com's Reddit Forex Trading Community! Hey guys, I have seen some recent news about MFF prop firm, 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 start a challenge the last week, I’m currently doing an FTMO challenge and I have a question about crypto contract sizes. Gold on MFF has better spread, swaps and commissions compared to FTMO. FTMO has already created more than 180,000+ FTMO Accounts. FTMO is a prop firm where you can get a funded account to trade. Even on Gold I notice there spreads can get a little high. They were kind enough to share their experience and even several tips that helped them pass through the Evaluation Process, so do not hesitate to take a few moments and get inspired by their journey in our new article! Any Canadians with FTMO that can help? I was expecting a profit split from FTMO via bank wire, Welcome to FXGears. I can't find the stats on how many traders have been funded for the year 2020 in FTMO. However, for the FTMO challenge I’ve set my max lot size at 2. Country KW. Searching for it online is a waste of time. I have downloaded the cTrader from the FTMO website and I tried to login with the login credentials from my FTMO account but it failed. 506K subscribers in the indonesia community. While you're at it, read through Reddit's "reddiquette" here. I think a lot of people don't realize that many of the traders that pass the challenge fail to make their first withdrawal because they fall off after getting funded. Passed the first evaluation but failed the second due to emotional trading and holidays season. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading As a result, FTMO opted to cease services for US clients to maintain their business model elsewhere without conflict. I've made 4 withdrawals since May. com, a trading forum run by professional traders. I seem to have a similar strategy and also, only trade gold 😂. They have raw interbank spreads on everything. Implications for Traders The immediate effect of this ban is apparent – US traders can no longer participate in FTMO's evaluation process or manage FTMO-funded accounts. The main reason is rules and laws. Hi! I am researching prop firms and I want to know what broker FTMO uses & what is the slippage for crypto trading. 5 lots. FTMO's 70/30. I have just bought an FTMO challenge and I got my FTMO challenge login credentials from the clients panel. com's Reddit Forex Trading Community! 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 Since gold on FTMO is CFD, does it have no slippage? Gold on MFF is actual market, so there is slippage. Things that helped me pass my FTMO challenge, verification, funding and payout . wait for it if you wanna pursue it. Reply reply Top 1% Rank by size . FTMO. Today’s article will be devoted to finding the answers to the several most frequent topics our support colleagues get asked about. o. 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 Welcome to FXGears. com's Reddit Forex Trading Community! "Please note that Free Trials don’t give you any eligibility to automatically secure your FTMO Account. challenge soon, I tried the 100k demo account and I'm 245 votes, 228 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. com's Reddit Forex Trading Community! In the case of FTMO, you would have passed the challenge the first month and gained 10% the second month on $100k, which would be $10k, then take home $7000 from your 70%. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. For this paragraph to take effect, both conditions have to be fulfilled. Anyone doing ftmo you would hope would use technical and fundamental analysis too and the more of these they use the more success they will have so that will put them above 50% success rate. i like that maximum drawdown is 12 percent on mff and cheaper too. Anybody ever go thru this? How long FTMO can only handle 2,000 SL/TP modifications, so maybe space that out every candle close/open instead of every tick. Took a 70k FTMO challenge traded just gold, passed in 6 days. Savings: Get a 10% discount on all future FTMO purchases. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between!. As long as your trading is legitimate (in line with proper risk management), conforms to the real market conditions, and does not resemble forbidden practices, we have no reasons for limiting or restricting your trading strategy, whether it’s discretionary How about a Free Trial? We offer a Free Trial account, which is an abridged version of an FTMO Challenge. once you pass they give you the acct, and from then you grow the account and get paid from it To be honest I have received several payments from FTMO since I registered on FTMO, I was able to make 62 000€ (not including the fees paid to the professional to take my tests). com's Reddit Forex Trading Community! Just wondering how any funded traders on here deal with the news rule on FTMO, that a trade cannot be left or entered within 2 min either side of the news release? Traders in general, do you avoid major news releases to avoid slippage also? Hello, I would like to start two challenges with two different prop firms, FTMO and The 5%ers. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. I think you are taking a lower probability of success by choosing FTMO. This is a testament to their exceptional service and 13,421 reviews on. My mentor tells me this is great for a first challenge since mostly everyone fails there challenge way before the 30 day mark. No news rules, no weekend rules, smaller target, cheaper price. Only the registered users can see the full 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 Welcome to FXGears. 42000 in March and 33000 in Feb. The challenge consists of trading with a virtual account for 10 days, with a specific set of rules and conditions. 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 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. as long as you don't resort to shady practises and align your trading style with them , you are good to go. with FTMO you can get a practise account and test fills , spreads for 14 days. Or trade a small capital and grow it to afford FTMO which is what I’m doing now Key features: 01 Explore the FTMO platform and unlock Free Trial bundle of Tools & Services; 02 Assess your trading skills without entry fee; 03 Gain insight into the FTMO Challenge and Verification; 04 Identify areas for improvement before undertaking the paid FTMO Challenge; Important Reminders: 01 Free Trials of FTMO Challenge do not Welcome to FXGears. None of the people that fail post anything up on reddit because there is no point, while the people that succeed (which is a tiny %) are on here having their 15 mins of fame before 99% of them inevitably lose the account which they attained through luck rather than actual trading skill. They have promos every month. I don’t think you can go wrong with either. As for high frequency trading (HFT) with an EA, FTMO does not specifically prohibit this type of trading, but they do have some restrictions on the use of EAs. You can also view the available We would like to show you a description here but the site won’t allow us. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! When I passed the ftmo challenge and verification it only took a day or two for them to send the new credentials. The purpose of the Free Trial is to serve our new clients to see how it works and assess their trading skills to see if they have what it takes to pass an FTMO Challenge and Verification. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Why isn't there any proof of FTMO scamming people. Open comment sort options. I'm currently giving a look at the ftmo free trial I mostly make my analysis in trading view and use metatrader only to execute orders. I'm not worried about the 5% daily drawdown limit, I know how to avoid that. While it is exciting to see the amount of FTMO passing going on, I need to FTMO has stats on their FREE trail numbers posted up on their instagram. So now I have my eyes on the high stakes program with 5%ers FTMO without second thought. So, if, for example, there is a Brexit referendum scheduled for Sunday, you cannot open a trade in GBP/USD on Friday when less than 2 hours remains until the FX market At prop trading firms like FTMO, leverage allows traders to control large positions with small capital. It’s funny. Please participate in other subreddits (other communities on Reddit) to increase your Comment Karma points. I’ve hopefully learnt something from all the pain however. com's Reddit Forex Trading Community! Here you can converse about trading ideas Welcome to FXGears. :) you'll be in a much stronger position before taking on the FTMO challenge by testing first your EA on a demo account for a couple of months and save money, just my 2 cents . Do you think I need to FTMO has 5 stars! Check out what 13,576 people have written so far, and share your own experience. Got impatient and basically was just stupid. When MFF imploded , I wanted to buy a 200k FTMO account, but I decided to get 2x100k, one each with FTMO and 5%ers to spread the risk out of another implosion. com's Reddit Forex Trading Community! Just wondering how any funded traders on here deal with the news rule on FTMO, that a trade cannot be left or entered within 2 min either side of the news release? Traders in general, do you avoid major news releases to avoid slippage also? I'm a swing trader looking for a funded challenge, FTMO seems the most legit, Welcome to FXGears. Same thing happened with my first ftmo challenge, I was £700 in profit. And still, I would be Least shady Bappebti-approved forex broker? The usual recommended foreign brokers like oanda, fxcm, forex. We will review your case and get back to you. In the Free Trial, you 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. It's up to the broker you use with that prop firm if they scam you or not. 9 stars out of 5, based on 5,535 reviews . Go to FTMO_Forex_Trading r/FTMO_Forex_Trading • by rossquincy007. FTMO only lets you trade CFDs, which is illegal in the U. This is my 3rd time with FTMO. com's Reddit Forex Trading Community! Hey everyone, looking at the FTMO leaderboards, I see people getting these insane returns, is it a one month lucky type of thing, or are they genuinely putting in the hard work and are consistent? Prop Firms Just received this email this morning from FTMO support. Lost my FTMO Account just now because of stupid mistakes I made. 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. They just seem to offer a better deal overall. I can demo trade just fine, I passed 3 ftmo trials one after the other. 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! I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. FTMO has specific rules and guidelines for trading in their Challenge and Verification phases, and it is recommended that you review these rules before starting your trading. I’ve sometimes gotten stopped out of trades just for price to go my direction afterwards, because TV and the FTMO server/broker didnt align too well. I think the only two I would dare touch would be FTMO and 5%ers. 522 subscribers in the marketscreen community. Differences between individual account types [] Hi! I am new in forex and I am trying to study the rules of FTMO. 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. Started the Ftmo challenge really well, stage 2 is a different story . i think ftmo has better spreads, i like mff due to being bias as my first prop firm. The prop firm will control the You don’t need to score any minimum profit to receive a Profit Split, only just enough to cover the transaction fees* Whatever amount of profit you generate, you are entitled to Ftmo has a lot of restrictive rules but they give you a healthy amount of capital. so does anyone know if trading forex with their capital is legal for an Indian citizen and we're not violating any fema or rbi rules . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Unfortunately I'm living in Indonesia (long term resident permit) and even though I could use my home country ID/bank statement to undergo the KYC after challenge/evaluation is successfully completed, I still couldn't use FTMO as they banned people residing in Indonesia (since mid September, it's written in the FAQ). FTMO without second thought. FTMO seems to have better spreads, and a much better profit split, but mff has many more account options. FTMO Challenge assessment day 1 . They may get hundreds of people joining all for the chance to get this 1 account. com's Reddit Forex Trading Community! I just recently got my first FTMO challenge. I am a bot, and this action was performed automatically. 386K subscribers in the Forex community. Hey fellow traders! I wanted to share a few game-changing tips that helped me conquer the FTMO challenge. Profit CHF36,974. 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! Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. Tbh MFF is okay, their customer service is kinda bad ngl but there is proofs of pay outs. As you can This week, a leading prop firm, FTMO suspended the purchase of new challenges for the US market. Мы хотели бы показать здесь описание, но сайт, который вы просматриваете, этого не позволяет. Lowering your risk may help your emotional since 10 trades may not be enough for a drawdown period. I’ve never had an issue with this because I trade by myself. I failed my FTMO challenge today. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly Saya menguji indikator Nam Order block dalam 2 kali kesempatan trial FTMO dengan rule yang ada, target profit dan drawdown. You need solid trades and mostly wins if you don't want to risk losing the account (I With FTMO, after 2 months of consistent trading you can have that capitol to trade with. are blocked in Indonesia. I've narrowed down and Which instruments can I trade and what strategies am I allowed to use? Your trading style is up to you. your trades should be your own EVEN IF they can pass an FTMO challenge and provide you a funded account, YOU STILL NEED TO BE ABLE TO TRADE SUCCESSFULLY TO DO ANYTHING WITH THAT ACCOUNT. there are 50 prop firms operating as of now , but no firm can match track record . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! They are not as established as ftmo so they will make mistakes as they grow, I still think it's worth the risk to check them out. but you bet I load that fucker up when the trade is in my favor 😂 Since gold on FTMO is CFD, does it have no slippage? Gold on MFF is actual market, so there is slippage. My advice is if you can afford it, go for FTMO , if not MFF. View community ranking In the Top 20% of largest communities on Reddit. 00 lot trade and that started the losing streak. The best prop firm besides FTMO AID The Funded Trader In my option. in reality people will say ftmo is superior, i think u dont have to leave ftmo and can have both of them at once. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and 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 View community ranking In the Top 1% of largest communities on Reddit. Name Xv04l4su. I trade with ftmo and am completely satisfied. Looking at the top 3 on their monthly leaderboards, this person Kasper was at like 90k by June 3, and $270k June 9. 👉 Get FUNDING for Trading with the 5ers - htt FTMO enjoys a stellar reputation on Trustpilot with a rating of 4. comments these restrictions on trading during the restricted news events do not apply to Welcome to FXGears. " Still need to pay 155 Euro. More posts you may like r/Bogleheads. As promised yesterday, I applied for a paid challenge to publicly assess the FTMO challenge and resolve once for Welcome to FXGears. As a result, FTMO opted to cease services for US clients to Welcome to FXGears. After the 30 days I was not able to get my account to break even. we're just providing our services to some foreign company and they're paying us. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). It states "FTMO Account are NOT allowed to execute trade or close an existing trade on the targeted (as per the table) instrument in the window of 2 minutes before until 2 minutes after the release of the below news announcements. does not provide any of the investment services listed in the Capital Market Undertakings Act No. Reply FTMO never do that so acted professioaly during it’s 8 years So i believe that their business model is more diversified Welcome to FXGears. never pay regular price for challenges in MFF. Welcome to /r/indonesia. If you can't pass the FTMO challenge and require someone else to do it for you, then how do you ever expect to be profitable once you actually get a real 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. 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%. Friends trade with mff and are completely satisfied. Equity CHF74,381. I felt cheated and disappointed. com's Reddit Forex Trading Community! Ask me how I failed my FTMO challenge with 0 losses (currently no open trades) Prop Firms Share Add a Comment. Day 29 I was down 4%. I personally won't go there because of it rules (In my opinion ftmo forces traders to fail) and that 80% profit split make trader wanna try, but that split is not important at all. Hallo Geldzaken, Ik zal binnenkort officeel een handelaar zijn onder FTMO (een prop firma die handelaars hun kapitaal geeft om te traden). IMO, MFF only beats FTMO with better evaluation requirements. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! With FTMO, to get your 70% profit share, you have to invoice them, which I would do from my LLC (once I create it). The leverage is only 1:30 instead of the usual 1:100 however it is easily compensated by trippling your lot size. 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! I backtest a lot on TradingView, and also analyse on TradingView before looking to take a trade on MT5. , why would you go with FTMO if you get another provider’s challenge with easier constraints. FTMO is legit but definitely avoid non reputable too good to be true prop firms and look at the broker they use toothat doesn’t mean I haven’t ‘wasted’ literally thousands upon thousands on challenges with ftmo. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. r Welcome to FXGears. 256/2004 Coll. 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! FTMO is a prop trading firm. 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. FTMO Evaluation Global s. Country CH. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and Welcome to FXGears. Hi all. I personally trade with them, but you have a tight margin of error to work with. # 10. the only living thing who sees my trades is my cat. Top. I have tried the FTMO challenge a few days and got a very bad and unfair experience. Do my statements make sense? If yes, why would anyone not go for a swing account? Hey u/Smooth_Fly6155! 😎🚀 . Anyway, I linked the two accounts to my trade copier, and the exact same trades have resulted in +4. Just some side notes: If you don't hit the 10% mark in the challenge you can get another free Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Just takes a little determination. 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. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Welcome to FXGears. It's Wednesday and that means we once again spoke with a few of our new FTMO Traders to ask them about their trading journey. I bought the 10k challenge and plan on working my way up to 100k and just using profits to scale up and pay for the next challenge. US nationals/residents including the US overseas territories (Guam, American Samoa, Northern Mariana Islands, Puerto Rico, and the U. The difficult thing for me will be reaching the 10% profit target. Do your FTMO follow ups . The firm must comply with these organizations' rigorous standards to operate legally in the US, which can be both costly and complex. com's Reddit Forex Trading Community! Any FTMO swing account trader here, does they allow news trading, in the about it says yes, but the clause says no. com's Reddit Forex Trading Community! Here you can converse about Hi guys , I've been trading for 3 years now and I'm getting ready to do the ftmo funded. Di kesempatan kedua, dalam 5 hari, berhasil lulus Discover how FTMO, a reputable funding firm, provides traders with capital, risk management tools, professional support, and a vibrant community to elevate their FTMO is it's own broker, I've asked that recently and that's what they replied. FTMO's regulatory challenges mainly stem from the Commodities Futures Trading Commission (CFTC) rules and National Futures Association (NFA) oversight. Wtf is going on? I'm creating this post to start a general discussion and see if anyone would know why this would take place? Obviously prop firms are not for the long term but many people use them as a way to build personal accounts and to actually start a solid way into trading Welcome to FXGears. Nu weet ik dat de belastingen bij forex rond de 1-2% liggen, wat geldt bij handel van je eigen kapitaal. FTMO does have some downsides though the biggest being the news restrictions. 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. com's Reddit Forex Trading Community! based in the UK and hopefully going to be setting up a LTD company for trading. So obviously, there’s something wrong with the strategy. Top trader has no restrictions except not being able to hold over the weekend. I’ve been trading for about 2 years and have yet to make a consistent profit. FTMO does not offer or provide services to users in your country. Like the market owes me right. Also do FTMO swing also have Scaling function I have just bought an FTMO challenge and I got my FTMO challenge login credentials from the clients panel. They've basically undercut FTMO in almost every aspect. FTMO has received lots of positive reviews that praise FTMO for their professionalism, transparency, customer service, and payout process. I've been reviewing my trades. Thanks for the feedback, I plan to get a VPS and buy a small FTMO challenge to run the EA and see what happens for the next 3-4 months. r. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! It seems like FTMO and MFF treat their businesses like a casino while the 5%ers looks like they want long term traders. Free Challenge: Earn a free FTMO challenge at the same size as your current account. Hi folks, are there any FTMO traders here that know if I can use iC Markets cTrader when doing the month trading challenge? I’ve been doing the trial for it on purple trading mt4 now for a while but iC cTrader is a much better option for me with its tighter spreads and lower commission rates. Thanks for reading this FTMO review. You can trade your FTMO Challenge, Verification, and FTMO Account on some of the most popular retail platforms – MetaTrader 4, MetaTrader 5, DXtrade, or cTrader. even if it's just a simulation. Guys great news for ftmo funded traders. First of all I would like to know from people who had any experience with these two, if they are both allowing to copy trades between account on different prop firms. S. 5-1. 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. I said August because I'll have a whole week off in August. If want to do any FTMO challenge do i have to give my ssn or some form of verification? comment sorted by Best Top New Controversial Q&A Add a Comment. How do you guys deal with emotions? Bro I am literally trapped in this loop: Not Welcome to FXGears. I guess the main questions are- is that the best way to do The issue here is that you see all the 'success' stories and no failure stories. Selamat datang di subreddit /r/indonesia. 1% with FTMO and +4. I usually risk 1-2%, but on an A+ setup I might want to risk 4% (5% would be daily drawdown). prop firms like ftmo,mff allow traders to trade with them globally. com's Reddit Forex Trading Community! 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%). It's way quicker than building up your personal account from 150 to 10k. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to Welcome to FXGears. However, before you can do that, you need to pass their challenge. 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. While the prop firm still continues to accept clients from Who can join FTMO? Apart from the exceptions listed below, we accept clients globally, as depicted in the accompanying map. com's Reddit Forex Trading Community! Look at what FTMO is doing right now. Seven people I know passed their ftmo last week and their trading days are under 10 so they have to place minimal trades just to hit thay objective now. e. /FTMO Evaluation US s. 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. Virgin Islands) are not allowed to use Welcome to FXGears. Prop Firms 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 •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. Best. It means you're getting another shot at conquering the challenge and reaching the profit target. 8 - Win rate of 55-60%. After you sign up, you can either start an FTMO Challenge right away or, as we usually recommend, start with our Free Trial, which is a free version of our FTMO Challenge intended for practicing purposes. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO is a prop firm where you can get a funded account to trade. once you're a full FTMO Trader, you can even go on an entire month without trading at all if unforeseen FTMO has prohibited the purchases of challenges in the U. com, interactive brokers, etc. No specific qualifications are required. Good afternoon Traders! I have successfully passed my $100K FTMO challenge. Btw why not try online prop firms like FTMO or Myforexfunds? It's the way to go. View community ranking In the Top 1% of largest communities on Reddit. Seeing a lot of videos lately of people passing FTMO challenges on Youtube. 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. Many reviewers Now over 3 years later, I see that FTMO still exists and now they allow crypto alts trading (xrpusd etc) which is nice! I wanna hear from anyone that has been trading on a live Our FTMO Challenge is the first step of our Evaluation Process. I think most of it comes to revenge trading and options instead of a stable cash account like FTMO where I don’t have theta or PDT. Account Size CHF496,971. 213 votes, 58 comments. Soft breach is when you momentarily dip below the allowed loss limit, but don't worry, it's not game over!. FTMO is reputable. But your Mac lot Mante people (Mantee in Gayonese) or also spelled as Mantir, [1] are one of the earliest ethnic groups frequently mentioned in legendary folklore to have inhabited Aceh, You can trade all the instruments and assets that are available in your trading platform (Forex, Indices, Commodities, Stocks, Crypto,). Now, my hypotesis are 3: They are really professional traders When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. :) Reply reply Welcome to FXGears. might be biased but I agree with FTMO on this one. - No challenge was done in a day or a single lucky trade, all trade Savings are hard to come by because FTMO doesn't give them out very often. I want to take the FTMO challenge for a swing account in August. I started learning in June last year and only did the ftmo challenge in Feb this year Welcome to FXGears. 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. If you believe this was a mistake, please kindly message the mods. In this video, I share a prop firm comparison review for ftmo vs the5ers, to see which is the better prop firm. Some complain about commissions, but for the spreads they offer, they’re very competitive. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO recently blocked new and existing US clients from purchasing new challenges or trials. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Ask me how I failed my FTMO challenge with 0 losses (currently no open trades) Prop Firms Share Add a Comment. /r/Altcoin is one of Reddit's original cryptocurrency subreddits, started 10+ years ago! Altcoins are generally considered everything but BTC I would think so in the sense that the tighter the spread the better right? Their spreads are just all tighter than FTMO. (+ liquidity available for that broker). FTMO Hyperactivity - Account Temporarily Disabled. Renewal is like hitting the 'refresh' button on your trading journey with FTMO. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. com's Reddit Forex Trading Community! Here you can converse about Welcome to FXGears. professionalism ,longevity of FTMO. As for what prop funds are, google it. 19 votes, 112 comments. I got upset that I closed the trade too early because I would have passed my ftmo challenge in that trade. anywayofcourse a prop firm is better than your own account for sure because How to start? Before you decide to accept an FTMO Challenge, we want to make sure that you know what you are up against. Only downside is the relative drawdown as the other user mentioned on every challenge, except the master challenge. Enhance your skills with Modern Prop Trading Firm. Ftmo is good for scalpers and you need luck because is kinda hard to make 10% in 30 days without luck. 391K subscribers in the Forex community. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Here is an FTMO discount. I say that because they have great customer service, cheaper prices than FTMO, great community and the owner engages with the the traders and does give a ways and discounts very often. Please note that your status (Natural Person, Legal Entity) will be based on the option you selected during your first order purchase, Always remember that these guys the run prop firms are always competing against other prop firms , in forex eventually after using statistics and time 95% of traders will lose (the house always wins) only the 5% make it with good coin. 😕 Customers from the US are no longer welcome. If something still seems unclear even after reading the article, feel free to explore the FAQ section of our website as the answer is likely ready for you there. 377K subscribers in the Forex community. I think I read somewhere that FTMO paid out 25 million last year to traders. With a leverage of 1:30 or 1:100 for every $1 in the trading account, the trader can control assets worth $30 or $100, respectively. Unfortunately, many are not quite right and many are misleading. So in this case, 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. Now they have removed US clients access to MetaTrader and are pushing Welcome to FXGears. 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. 5% with the 5%ers, all due to the spreads. I have been trading since 2020 58 votes, 46 comments. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Despite which of those options you pick FTMO will take 30% of your earnings. com's Reddit Forex Trading Community! Here you can converse about Ftmo is a prop fund and u pay a fee to participate in a challenge. I took a 2. Very cool, but who on Reddit has 100k to trade forex? Passed the first evaluation but failed the second due to emotional trading and holidays season. Key features: 01 Explore the FTMO platform and unlock Free Trial bundle of Tools & Services; 02 Assess your trading skills without entry fee; 03 Gain insight into the FTMO Challenge and Verification; 04 Identify areas for improvement before undertaking the paid FTMO Challenge; Important Reminders: 01 Free Trials of FTMO Challenge do not Welcome to FXGears. Your refund will come with your first payout. 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. You are better off by going with 5ers or MFF due to their realistic trading constraints, i. Or trade a small capital and grow it to afford FTMO which is what I’m doing now 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 Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! If you watch some ftmo interviews on YouTube you will easily notice how little experienced are some of the guests. Could you tell me what broker I should set on tradingview to see the prices FTMO follows? sorry if I'm answering your question with a question for myself It reads very confusing, but it doesn't forbid news trading or opening trades 2 hours or less before the market closing. and cats aren’t allowed to take an FTMO challenge so im pretty safe. essentially i will be a contractor for FTMO meaning i invoice them every month, however if i earn over £85,000 a year in revenue for the company, im subjected to applying for VAT. Second $100k account lost in a month. I’ve been trading since I got out of high school 2021. On my FTMO account under credentials with the login ID and password it also says platform DXtrade. Gain % 48%. Terrible! I had an account long ago with MFF, the spreads got up to 4/5 pips & keep in mind these are spreads in normal times, Welcome to FXGears. FTMO has carefully calculated and set up targets which are unrealistic, high chance for even a good trader to fail, to make 10% in 20 trading days (1 month) you are forced to open larger lot sizes to meet the target but when you do if market goes the other way only a little bit you end up failing the challenge because of the 5% daily drawdown rule, odds are I've done challenges on both and I personally prefer FTMO. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I've just used my experience to judge them, and FTMO, so far, has proven to 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. com's Reddit Forex Trading Community! They make it feel as if FTMO got caught napping. Please How do I withdraw my profits? Even though FTMO Traders trade with fictitious capital only, they are entitled to obtain a reward in the form of real money if they can generate “profit” on an FTMO Account. I seriously doubt that this is a marketing post by FTMO Welcome to FXGears. The have a $500,000 challenge account you can win if you purchase a $100,000 or higher challenge account. Reply I tested my EA using FTMO data, if I were to sign up for a challenge, assuming if I can time travel back to the time when this EA was tested, will the results be the same? (I am not asking if this EA will be profitable in the future, just wanted to know how it will differ on live and backtesting) Welcome to FXGears. 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! FTMO official response: Hi there folks, thanks for your comments. If u pass the challenge you get funded with their money. challenge soon, I tried the 100k demo account and I'm The difference between FTMO Account and FTMO Account Swing is that, in the second one, you can trade through news and hold trades over weekends. I should add I have also passed a few times too with them. jemqms vvi puwzq nalnemeoj qujfb puq nqffj dfc cngqqcdz ums