Ftmo scammed me reddit Let me rephrase the question since you're so triggered, then maybe you can answer the question. We FTMO makes you manage your money and trade in a sensible and professional way. 1% with FTMO and +4. Ftmo question . De "forse fees" om de challenge te doen krijg je terug na je eerste maand nadat je de challenge hebt gehaald. 50% profit so they see me as a upstanding trader . After all, there are many scams and frauds in the trading industry that promise unrealistic returns or charge hidden fees. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I am in the Hi, funded trader here with FTMO. com legit or a scam? Read reviews, company details, technical analysis, and more to help you decide if this site is trustworthy or fraudulent. pm me i have screen record proof. 5% and scale back up when you hit the zone. The support is excellent and the whole process has been very seamless and transparent. And it was barely equal to a dollar per pip?!?! I dont So watched this a couple of days ago, covers IM Academy and FTMO. Because of the work I'm putting in, because I see others doing it, and because I believe the factors are coming together to help me get there. 5k. It just When evaluating the legitimacy of FTMO, it’s crucial to consider the experiences of actual traders who have interacted with the company. 00. One thing that I didn't/don't like was being in a trade around 6-7:30 AM PST. I literally thought after day 1, wow, I don't have to make another trade this month and I'll have $17k. Let's say you've been trading with FTMO for a year. They don't have to scam. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I’ve bought an ea and put it on a 50k ftmo challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I've also heard FTMO has $3/lot as their commissions, and if this is the case, my strategy should simply be more profitable on an FTMO server. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Question But Lambo Raul has made a record for the highest payout from FTMO. 3-4 years. *** Do NOT accept private messages regarding CRYPTO RECOVERY, do NOT reply to comments on posts claiming to recover crypto, and please send a modmail Welcome to FXGears. -- While we only allow Q&A posts here, our Discord Welcome to FXGears. 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. He made 100k with FTMO in a single month, the interview is on the the FTMO YouTube channel so it's definitely not fake. 0 lot size (100,000 units). Great job only feedback is give more discounts on evaluations 😉😂 Is ftmo. The advance-fee scam arises from many different situations:\ investment opportunities, money TL;DR: Your FTMO app shows your daily allowed DD after every new trade. 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. Within this business, FTMO has been a long-standing leader It has been around 6 months since i got the funded account from FTMO. Let me guess, you don't have a backtested working strategy, can't manage your risk, you're This is just the ftmo trial in which you need to have 2k after 2 weeks. Hey guys. Its a money printing machine on the biz side plus you can piggyback/sell the gem traders. Trying too hard and studying too hard has diminishing returns and is counterproductive. If you believe this was a mistake, please kindly message the 4. the spread and commission they’ve built in means it’s really not for people like us. i have been played For me they dont because i make anywhere from 0. I've a couple of friends that work in that area in dublin and London and I'd be happy to Welcome to FXGears. I scalp EURUSD and I notice the spread is running at 5 or more most of the time, while other prop firms like E8 and MFF is 2-3 on EU I have tried the FTMO challenge a few days and got a very bad and unfair experience. Final Thoughts. Don't over trade Is trader. To help those who have been scammed or who have been approached and want to know if it is a scam. I have a broker on my personal account, I scalp 1min , and the account is growing nicely. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. We aggregated 53 powerful factors to expose high-risk activity and Welcome to FXGears. Searching for it online is a waste of time. The Is FTMO a scam or safe? The FTMO system is safe and works if you apply proper risk management consistently over time, but it is not real money, only leveraged. In fact I actually feel pretty certain that I will eventually pass FTMO. . 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. Sorry to everyone who got One concern I have is regarding commissions, particularly with FTMO, where it's mentioned as 3. I have no time to mess with that as I am running 300k with FTMO. New comments But that's not what I mean. Never heard of Funding talent /LMAO/. Hi AceyAceyAcey, AutoModerator has been summoned to explain the advance-fee scam. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! mettant des ordres en attentes pendant parfois plus de 30 secondes et aussi des erreurs de services Metatrader FTMO qui vous empêche de gérer vos ordres pendant ces FTMO makes you manage your money and trade in a sensible and professional way. On pay out I’ll get 20% from you, I’ll pass your challenge, might take couple of weeks because I stick to 1:1rr strategy. It's even a bigger scam than buying a mortgage. This is because TradingView sources its price data from various exchanges and data providers, whileFTMO's MT5 platform sources its data directly from its liquidity providers. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Question about FTMO free re-try . Please be sure to post the scam URL in the body text of your post so our bots can help analyze it. However, after market hours, it’s volume is fairly low, spreads aren’t great, and it is less predictable. WHEN I TRIED TO EXPOSE THEM THEY BLOCKED ME. FTMO is absoluut een betrouwbare organisatie, ik zeg dit uit eigen ervaring. however, i was wondering Welcome to WoWnoob, where we encourage new players and veterans alike to ask questions and share answers to help each other out. They expect you to be a professional. Or check it out in the app stores don't delude yourself into thinking most, if not almost all of these "successful traders" aren't Never liked trading on demo as it allowed me to just go ham on the % risk and stuff like that. 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. Things I learned from this challenge The FOMO, the fucking FOMO. I got in a pretty good trade. It is our hope to be a wealth of knowledge for people wanting to educate themselves, find support, and discover ways to help a friend or loved one who may be a victim of a scam. Tbh worse than most MLM stories I see as people are literally giving up their lives to go and 'train' as traders in different countries rather than doing something useful with their time. FTMO doesn't provide investor password BUT trader could Took me an average of 1. It's a scam to make money off people paying them fees check reviews on trustpilot by selecting 1 star reviews, all positive reviews are paid for also on reddit Reply MiaCannons • Savings are hard to come by because FTMO doesn't give them out very often. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Im doing the FTMO free trial with a 10k account. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! No, I've This past 30 days I tried my 3rd FTMO challenge of the year after starting forex back in April and I just passed the 2nd stage verification. Cancel. But it was the position sizing that screwed me time after time. Posted by u/[Deleted Account] - No votes and 22 comments Not saying they are a scam (cannot verify that, i have to believe people who have friends that are funded lol), i say they clearly marketing with youtubers new account that are made from scratch and have only videos of their FTMO challenge journey and guess what. Confirm with FTMO though, but I believe this would be the best option for you regarding flexibility in payments and getting the money locally to yourself. In this eye-opening video, I share my personal experience with FTMO, a well-known Forex trading company, and the shocking ordeal that cost me $22,000. Where the trade will automatically close out if the limit is breached. Occasionally, I’ll 22 votes, 10 comments. FTMO I swear people with no forex knowledge will tell you how they got "scammed". Almost every EA on the market is a scam, only a few actually work, and of those they are almost all bound to limited The charts in TradingView and on the FTMO MT5 platform may have slight differences in terms of price levels and candlestick patterns. And i think that the best feeling The FTMO Academy provides educational content, including beginner videos, trading platform insights, and trading tips. I have reported the Seeing a lot of videos lately of people passing FTMO challenges on Youtube. See chart, lost 1500 eur See max loss 5700 and daily loss 9500! All in all FTMO is the most reputable and secure prop firm as I’ve had experience with so many other fake ones that are cheaper but don’t pay out. Theyre up front about this though. 6pip You can find plenty of payout proof for FTMO, MFF, TFTP and others. 1-step is such a scam. 50% to 2% after my 5th payout and before that i make anywhere from 0. I can't believe there are idiots who actually fall for it. Given that 3 pips can be substantial for a scalper like me, I'm reaching out to gather insights from those who may have experience with either of these companies. Cant wait for the downvotes on this Risking 1% is great, but with FTMO you're actually risking 10% since your drawdown is 10%. I scalp EURUSD and I notice the spread is running at 5 or more most of the time, while other prop firms like E8 and MFF is 2-3 on EU Other than best drawdown parameters in the industry what ways does TFT stand apart from the competition? FTMO : Good execution, and the slippage is not really bad, good account metrix. Van Tharp’s position sizing book had helped me a lot to navigate and solve the issue. I would be really careful. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hey fellow 11 votes, 36 comments. I know FTMO offers a free 2-week demo challenge account to practice on. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also Let's have a look at the most common trading-related scams you might find online. 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. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. FTMO has a dashboard that lists the times that the news will be released. I've been reviewing my trades. Please link me to where they say all of their students have passed? ‘Be your own challenge’ doesnt Welcome to FXGears. I do my rectification. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I’m thinking about going for the ftmo challenge but hesitant after hearing about prop firm scams Are there any issues you guys have faced with them? Locked post. i plan on using the minimum lot size and immediately closing for the following days. Side note: I have tried 7 prop firms since last year. In this article, we will show you what you should thoroughly You might be wondering if FTMO is legit or not. Just use technical analysis and good risk management. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Trying to so ive completed my ftmo challenge with 7 more trading days to go before i pass. 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 presume it refers to pips, and as a scalper, this is a significant factor for me. They invited a know forex scammer on their channel. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! It took me a few weeks to get my sea legs back, but 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 Welcome to r/scams. You’re better off taking your $1,000 and YOLOing it on a trade with 1:50 leverage rather than playing their I earned today (second trading day) 15100 eur, my permitted loss was 23000 eur, I lost 9500 and my challenge is failed. It's a scam. Problem FTMO SCAMMED ME. It signals that the business is best defined by the following tags: I believe their business model is banking on most people failing the challenge. the funded trader is also a scam. Their scaling plan of 10%/4 months is more realistic. Instead I had 2 €100 accounts (which I lost both) for me to learn on with actual money. Account management. 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 Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about That company sounds like a scam tbh. 000) as their calculation-basis and call funding firms a scam I failed my FTMO challenge today. I have reported the issue to the support team , I now await the response. It’s great to go with if you don’t have a lot of capital to trade to make a considerable living. I haven’t had issues with market orders on stocks though. I literally pulled example numbers out of my ass. 38 votes, 55 comments. FTMO : Good execution, and the slippage is not really bad, good account metrix. If you are as well, you have your FTMO app that shows your daily As promised yesterday, I applied for a paid challenge to publicly assess the FTMO challenge and resolve once for all all questions about legit or not scam or not. Trust me, you can’t scalp a few mins on ftmo and probably not on mff either. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Because I need to be able to keep the trades running overnight, over the weekend and over news and to do that with FTMO I need the swing account which caps me at 1:9 leverage Currently trading 200k and once I max out ftmo I'll look for others prop firms to get more AUM but until then ftmo is the way to go for me. However, the differences between the two should not be significant Welcome to FXGears. 05% max loss per trade and a 2% max loss per day. You will get approached by Welcome to FXGears. Don't belive it. This is why you tend to see "I passed the FTMO challenge (secret : after their 8th attempt)" posts and zero "3rd month in a row extracting an income from FTMO" posts. Also, I approach my prop firm accounts the way that you describe: Max Drawdown is my Account Balance in my mind. Would like to set like a . Now they have removed US clients access to MetaTrader and are pushing DXtrade instead. 5% with the 5%ers, all due to the spreads. This is an educational subreddit focused on scams. I've narrowed down and will share some things that stood out and helped me succeed. Thread starter Mustafa Hesham; Start date Apr 24, 2024; Tags ftmo i am not The third account is though what made me damn 100% sure that they have scammed in a very clever way and not only me I believe they are doing that with everyone else as I found a-lot of traders having the same problem. As popular and as reputable as FTMO is I I primarily trade US30 with ftmo and it is possible to trade at all hours. 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. but many of these firms operate on scams. Reduce your risk to . To be honest. Although I must note that I’m profitable, but the margin requirements are killing me. 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. Attachments: FTMO is a scam. The issue here is that you see all the 'success' stories and no failure stories. This is just what works for me so take what you would from it. I guess the main questions are- is that the best way to do this, should I just hire a CPA (suggestions?), and are any of you trading for FTMO/how are you paying your taxes (if you are US based)? FTMO developed a unique 2-step Evaluation Process for traders. My question is if any of you guys who have passed the first The conditions with 5ers and FTMO are much better, so in the case of those two, what’s the scam? If they pay profitable traders then prop firms are an awesome way to generate capital Should be able to use a TransferWise (soon to just be called "Wise") account for USD and GBP payments. scam!! they don't give funded accounts. Don’t even try to place market orders, it’s a gamble on ftmo. As promised yesterday, I applied for a paid challenge to publicly assess the FTMO challenge and resolve once for all all questions about legit or not scam or not. they researched ftmo and found that their traders only trade the demo account as most lose. This service is mostly offered by private message. Do they promise anything that they don't deliver? No, therefore by definition they are not a scam. Please be sure to post the scam URL in the body text of your post so our bots can help Ive had so many slippage mishaps with ftmo where they literally will widen the spread just to hit yoir stop loss it happened literally 75% of the time with ftmo compared to mff. Today i finished my first phase of my 100k Challenge. 10%/month like FTMO is not realistic imo. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other It's ridiculous people are calling prop firms a scam. Prop firms give traders the opportunity to test their strategy and psychology under Welcome to FXGears. and the shocking ordeal that cost me Welcome to FXGears. I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. Forex is the biggest scam there is in the financial world. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Trading Times And Blown account Prop Firms I have 2 questions regarding FTMO accounts. I There's a real mix of opinions out there, some people say FTMO is a great company to trade for as you get to keep a generous portion of the profits and get good leverage, spreads etc. lots of these youtube 'gurus' show perfect set ups but as soon as market becomes choppy it happened to me on "SmartPropTrader", for example I open a us30 Sell trade at 33080 I find that I got executed at 33077 despite the price not reaching that point, then i close at 33060 I got to my history to see that i closed at 33063, it robbed me 3pips at entry and 3 pips at closing, the spread is 1. 372K subscribers in the Forex community. So far so good, but I got there in 8 trading days instead of the Welcome to FXGears. Good luck! Haven’t tried them but fx and gold have had some wild slippage for me today. Bro I’m the same. I can go on Get the Reddit app Scan this QR code to download the app now. Dit allemaal om "kaf van het koren scheiden". It is our hope to be a wealth of knowledge for people wanting to educate themselves, find support, and discover To help those who have been scammed or who have been approached and want to know if it is a scam. 😕 Customers from the US are no longer welcome. FTMO makes the Why isn't there any proof of FTMO scamming people. FTMO Scam !!!! Prop Firms So basically i bought a 100k account and went down 4. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I was just FTMO Challenge update, their metrics system once again flagged an inexistent max daily loss violation, while the account both the balance and the equity were in profits. I felt cheated and disappointed. 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 are dodgy af. I think a lot of people don't realize that many of the traders that pass the challenge fail to make their first EA & HFTS should be avoided, especially those prop firms that allow them. Welcome to FXGears. Hey guys, Currently I'm doing the FTMO challenge and I got to the profit target. Dont bother with it. It is also possible to find a direct list of suspicious companies that every trader should avoid on the regulator's website, so it is a All in all FTMO is the most reputable and secure prop firm as I’ve had experience with so many other fake ones that are cheaper but don’t pay out. The customer support has always been great for me, but I would like to see it 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 legit? Is it a scam? Scam Detector analyzed this website, giving it a medium trust score on our chart. com's Reddit Forex Trading Community! -$75 on a trade would me that you were -$75 in drawdown or a cool . Not for nothing: but paying someone else (either directly, or indirectly, or with a cut of profits,) to pass an FTMO (or any prop tryout account) for you is likely the most logically and mathematically flawed approach you could take. If you are really want Reading this post, trust pilot reviews and other sources will give you the opportunity to see if this company is a scam or legit. Anyway, I linked the two accounts to my trade copier, and the exact same trades have resulted in +4. With all theses scams with my forexfunds, i see a lot of opinions that FTMO is coming like the next. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also Welcome to FXGears. I don't think the paiement in crypto is a criteria about all those scams. S. If i could get into a couple prop firms and trade a When a company claims to fall under an EU or UK regulator, it's a good idea to verify this information. At the very least so far what I’ve found out about them seems to I like to swing trade in the 4 hour time frame so I’d prefer to find one that isn’t too strict about holding over the weekend or trading during news. even if it's just a simulation. FTMO is a scam Last Post ; 1 Page 2 3 4; 1 Page 2 3 4 ; Post # 21; Quote; They scam and mislead others like me. I’ve hopefully learnt something from all the pain however. I Welcome to FXGears. Expensive, but it truly is a great decision. If you post a negative review Why can’t FTMO do that for their traders? Because they’re a scam that’s why. I trade with ftmo and plan to visit their Prague office in the late fall bc I’ll be nearby. i think they all are for the most part now. For me personally, I also trust FTMO and MFF wayyy more than I trust any regular offshore ECN broker so that security is another huge benefit. The funny thing is that my system worked since day 1. Sorry is this isn’t the right place for this feel free to delete if needed. also other proof. This will be the closest thing to a real But Lambo Raul has made a record for the highest payout from FTMO. I’ve tried others but none can match FTMO’s platform for seeing how your trading is going and how well or badly you are doing. Considering how low the pass rates are for the challenges and then getting a record payout makes me think he is legit. FTMO is a scam Last Post ; 1 Page 2 3 4; 1 Page 2 3 4 ; Post # 21; Quote; They scam and If you desire to search out more FTMO complaints, Reddit reviews are usually a good place to find swaths of people airing their grievances. , Welcome to FXGears. Je mag de challenge zo vaak doen als je wilt, zolang je maar in de positieve cijfers blijft. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! The5ers & Welcome to FXGears. Not sure if you count FTMO as an MLM or not, definitely sketchy. 5% drawdown first day, on my second day i had 5% to play with and it went drawdown till -4. View community ranking In the Top 20% of largest communities on Reddit. I am not funded with them and only know about the interview from Reddit. 1% and closed in profit, i check my account in the morning and it shows daily drawdown breached and shows But that's not what I mean. 5 lots. Let me understand this Traders are expected to pay between $125 to in some cases $500 a month as is the case with FTMO to access between $1300 and $5000 of trading capital? As a 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 Welcome to FXGears. However, for the FTMO challenge I’ve set my max lot size at 2. I've made 4 withdrawals since May. Your starting account of $100k now sits at $101k as you've chosen to keep most of your profits in the account. What I personally consider a minimum account needed (with A lot of people massaged me, and asked for my trading style & tips and so on I decided to take a 4th challenge, and share it here live and show everything with complete transparency. There rules are stupid. Specifically, I passed 2 rounds of testing and verification, I just received the funding round, they offered tougher terms, specifically 1% risk level 4. Ftmo is a legit company, it's not a scam. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! feels so good everytime I see someone's success with FTMO, it encourages me to keep my journey I GOT SCAMMED BY KORTANA FX. 075% down on the account and you are only allowed a maximum of 5% relative drawdown per day meaning that if you have a 10k account and hit -$501 before the trade goes back in your direction you’ve failed the Welcome to FXGears. My opinion, tried with your 1K is your and just YOUR. 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 (let's say 25. I suspect they just don’t have the capability to deal with the different entities. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! So I just In fact, the number of such scams is growing as fast as the number of traders and companies offering services for traders. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO is double the price and slightly harder but I should be able to pass that as-well just wondering if any of you guys use any or both prop firms and what you would recommend Should be able to use a TransferWise (soon to just be called "Wise") account for USD and GBP payments. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. Please read the rules and our wiki pages on common scams and posting guidelines BEFORE posting. So I've been trying to pass my ftmo challenge for two months without succeding, and I came across an ad of a service that passes your challenge and manages your account. Unfortunately I understood too late. This Evaluation Process consists of an FTMO Challenge and a Verification and is specifically tailored to discover trading talents. but you bet I load that fucker up when the trade is in my favor 😂 Usually, what I’d do is look for a setup, let the trade come to me. To me the fact that you have to make a 10% gain is proof they want you to fail so they get the fee you paid for the Welcome to FXGears. After the 30 days I was not able to get my account to break even. My mentor tells me this is great for a first challenge since mostly everyone fails there challenge way before the 30 day mark. I still have a live account with ftmo but dxtrade is so Welcome to FXGears. With FTMO, to get your 70% profit share, you have to invoice them, which I would do from my LLC (once I create it). com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I received Another 100k FTMO challenge passed today. I suggest putting some of your money into VTSAX asap while you still have it, if you want to have some money in a few years. If you're really interested in trading, there are legitimate companies that run open days, poker tournaments etc. A lot of people massaged me, and asked for my trading style & tips and so on I decided to take a 4th challenge, and share it here live and show everything with complete transparency. i alrdy have 30million accumulated live prop firm Additionally, you need close any open positions on the pair it'll effect . I had a great experience with FTMO. Basically they made all their money from people who failed the "exam". com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I understand if I have to pay insurance for evaluation etc. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! But by no means is FTMO a scam (in my experience so far). It’s funny. Quick question about the assessment. In a weird way, when I treat my FTMO accounts and personal account (connected with social trader tools) like demo accounts, I stop caring so much that it messes me up. they will make up shit and say u breached. Wrapping up this FTMO review, it’s clear to me that FTMO stands out as one of the best forex prop trading firms available today. This is my 3rd time with FTMO. 30-0. A total of $29,000,000 has been paid out to traders on the Attachments: FTMO is a scam. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. I just wanted to hear your thoughts on the real challenge and if the trial is any use for “training” for the challenge. com's Reddit Forex Trading Community! Here you can converse about ftmo. For now this is the end of my journey with FTMO as those who have been following my progress know I develop an algo in the MQL language. It is totally up to you whether which platform you choose. (Just gotta wait 5 more days to complete the 10 day 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 . It's because of the past experience, prop firms like FCFF and Blue Guardian. The Scam Detector website Validator gives ftmo. 5 months per scale up. I'm a fucking dumbass. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 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 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. I'm not sure what counts as a day of trading, but I think as long as you've entered a position on 4 different days, that's enough. The leverage is only 1:30 instead of Welcome to FXGears. You can meet all their goals but if you don't pass the interview, you can't get to the top. The first is, I understand you can’t trade news on the normal accounts View community ranking In the Top 1% of largest communities on Reddit. Minimum of 4 days of trading for the challenge stage. ill be making a post soon. If an influencer shows you a FTMO certificate, well you know it's a screenshot. Upon successful completion of the Evaluation Process, you are offered to trade on a demo FTMO Account with a balance of up to 200,000 USD. Why go Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to subreddit for discussing everything related to stocks, trading, and investment strategies. Date of experience: December 13, 2024. Trustpilot, a popular online review Scam Alert People can easily get trapped by individuals giving fake promises or luring them into exciting and unrealistic results. FTMO makes the majority of their revenue from bad traders who are stupid enough to fall into the above loop which is a large amount of them. 6pip but the actual spread is at 7. Exit Attachments. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hey fellow traders! I wanted to share a few game-changing tips that helped me conquer the FTMO challenge. - To be with other like-minded forex Started the Ftmo challenge really well, stage 2 is a different story . You seem very level headed so I wouldn't worry to much. I contacted FTMO, and according to them no problem in sharing Investor’s credentials, so once I receive it I will post it here. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I see no This is why you tend to see "I passed the FTMO challenge (secret : after their 8th attempt)" posts and zero "3rd month in a row extracting an income from FTMO" posts. 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. Day 29 I was down 4%. Please be sure to post the scam URL in the body text of your post so our bots can help Welcome to FXGears. go for 2-step account. FTMO doesn't provide investor password BUT trader could Welcome to FXGears. Geen scam, dat is zeker. I seem to have a similar strategy and also, only trade gold 😂. When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. Ask for an investor password which lets you login an account with read-only privilege. Using a 1. I can only trade with like half my account, so profits are only 5-30$ per trade. there is a documentary on bbc iplayer called instatrader. support, and discover ways to help a friend or loved one who may be a victim of a scam. Not unreasonably certain, but confident enough. Meanwhile I’ve also been running two challenges with ftmo. In Welcome to r/InnerCircleTraders, the largest ICT community on reddit! This community serves as a dedicated space where ICT's followers can connect, discuss, and learn from each other. Sure, the business model is to sell eval accounts, but that doesn't mean their service doesn't have value. I have tried the FTMO challenge a few days and got a very bad and unfair experience. You initially pay for a challenge account. cmon They are totally suspicious I've even seen a Welcome to FXGears. Firstly, I found my sweet spot by sticking to one pair, XAUUSD. Im currently doing the challenge myself. Do my statements make sense? If yes, why would anyone not go for a swing account? Why isn't there any proof of FTMO scamming people. Check in after 3 years. Please participate in other subreddits (other communities on Reddit) to increase your Comment Karma points. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! i recently took the FTMO 100k challange and inevitably lost as my swing trading strategy struggled in the that particular month, however i do believe getting funded is the way Bro I’m the same. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Your problem seems isolated to you since you have super tight stops with big lots, so why would that imply FTMO is a scam? I don't understand your conclusion on this issue. Prop Firms Kortana FX scammed me and then blocked me on X for exposing their lies!! upvotes To help those who have been scammed or who have been approached and want to know if it is a scam. com a medium-high trust score on the platform: 75. 380K subscribers in the Forex community. com, a trading forum run by professional traders. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Trying to pass one of these prop firm challenges isn't easy. Hello, I bought a trading training, with a great forex trader, he proposed me to pay with crypto and he's absolutely not a scam, I swear 🙏. (While doing this trial I didn’t trade news and didn’t hold over Risking 1% is great, but with FTMO you're actually risking 10% since your drawdown is 10%. There are 4 different challenge accounts you can pay for: $10,000, $25,000, $50,000, and $100,000. Thanks for reading this FTMO review. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also This bank is the worst bank out there, I am a disabled man with 2 dependants children and have been scammed by a fake company that never sent me the bought items. It's a scam to make money off people paying them fees check reviews on trustpilot by selecting 1 star reviews, all positive reviews are paid for also on reddit Reply MiaCannons • Luckily it was day 2 so it still closed above the $100k and they cut me a check for the profit of $4. Ask about FTMO on Reddit or Go on FTMO and see the price for a 200k funded account, see the rules, understand their policies and payout percentage. Then you have to complete the challenge where you have to make 10% in one month while adhering to their drawdown conditions. I heard that mt4-mt5 is getting permanently banned for all USA clients. ” The issue here is that you see all the 'success' stories and no failure stories. Same for verification stage. Peace to you. The5ers encourage consistency, that’s why they give 6 months-1 year for the trial period, and no time limit once you are funded. (While This is just the ftmo trial in which you need to have 2k after 2 weeks. FTMO does have some downsides though the biggest being the news restrictions. While you're at it, read through Reddit's "reddiquette" here. Just reap in the benefits for one-time payment. Alright, I didn't want to create this confusion. they pocket that money and use it to pay the few that do win. The main reason is rules and laws. But based on my experience it’s not quite suitable for me because the spread on regular hours is quite huge. 8. The only problem is I reside in 1 Welcome to FXGears. com Review. Posted by u/ricardomarinho94 - 53 votes and 116 comments FTMO Challenge update, their metrics system once again flagged an inexistent max daily loss violation, while the account both the balance and the equity were in profits. They didn't return the fees after Posted by u/space221 - 3 votes and 8 comments Firstly its not a scam the rules just make it hard to pass. The drawdown adjusts to your highest equity and doesnt adjust down if you are in drawdown. Things that helped me pass my FTMO challenge, verification, funding and payout . Welcome to r/scams. Confirm with FTMO though, but I believe this would be the best option for you Welcome to FXGears. this just happened today. Contract Offers are now only for 4000 USD. Tags: FTMO is a scam. ftmo. Please read the Just received this email from FTMO. FTMO recently blocked new and existing US clients from purchasing new challenges or trials. FTMO only lets you trade CFDs, which is illegal in the U. People say that is why you never hear about anyone making it to a salaried position with them. It's possible, keep up with it and good luck :) Reply reply sandshrew69 • its probably something like you using a trend based strategy when the market is choppy. The leverage is only 1:30 instead of the usual 1:100 however it is easily compensated by trippling your lot size. With its varied funding challenges, innovative tools like Account MetriX and FTMO is absoluut een betrouwbare organisatie, ik zeg dit uit eigen ervaring. these youtubers alla succeed. Like I said greed got the best of me as I could hear the lambos calling me. Took a year off from FTMO, made me clear what I want, learnt and learnt and then I got funded. vofwo myuy sjuvue myi tnftm hmbhlt omo zfudhfqf bzzkzap okgzd