Ftmo challenge reddit
Ftmo challenge reddit. Two Types of Passing Service: Single Challenge Pass and Contract Offer Single Challenge Pass: 650 USD fee (per challenge) Accept challenges until 2% drawdown Fixed fee for all equity sizes (10k to 200k) Account Management Partnership Welcome to FXGears. It is more of a trap set by them, in the name of challenge or dare or whatever they want to call it. Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to subreddit for discussing everything related to stocks, trading, and investment strategies. 7 and 2. Savings: Get a 10% discount on all future FTMO purchases. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. :) 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 . First things first, let's start with the basics. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hi guys I’m not new to Forex or anything but I’m planning on taking the FTMO challenge , but making 10% in 30 days (24 days if u take away weekends) is a lot I think Welcome to FXGears. I heard that mt4-mt5 is getting permanently banned for all USA clients. org Reddit Forex_trades community. I blew two of them after just one payout from each, and one of them I couldn't make a profit before losing it eventually. Drawdown We can see it everywhere. Hello, So my idea is to take the challenge to gain some extra capital for trading. Locked post. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Can i do the FTMO challenge using tradingview? Questions I dont really like the UI of Mt5/mt4, it hurts to look at for long periods of time. I learned to trade with a family member and when I started 4 months ago I was reading the graphs really well and it was a fun learning experience. This caused me to fail the challenge. I was sticking to my plan, then one day I caught some good profits on news. Open comment sort FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. And did my due diligence asking them (the ftmo team) multiple times if i was allowed to hit the 10% target before the 10 day minimum. Tried for a 10k challenge the other Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. I'm planning to get 100k usd funded account since yun ung talagang pinractice ko. 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. If something still seems unclear even after reading Hi guys happy weekend 👋. Do not be tricked by fly-by-night firms offering cheap thrills. The FTMO Challenge educates traders and leads them to master their trading habits. and cats aren’t allowed to take an FTMO challenge You've clearly never seen AirBud. De "forse fees" om de challenge te doen krijg je terug na je eerste maand nadat je de challenge hebt gehaald. Can you share your experience? Withdrawal process with diff payout 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. 00. The edge to collect all No challenge is based on balance or you could start with 50k, have a trade open that’s negative like 20k, and when it goes to 55k you close it and win the challenge. Same thing happened with my first ftmo challenge, I was £700 in profit. I have passed the initial challenge and I am currently trying for the verification phase. If u pass the challenge you get funded with their money. If you can pass the ftmo challenge, that means you can double your capital in a month without the restrictions of ftmo. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO challenge stats Prop Firms I am now on to the verification stage of the FTMO challenge. I almost nuked my account by letting a trade get away that came back from being 4950$ drawdown. Just because your strategy doesn't work as well doesn't mean other people's don't. If you're ready to start your FTMO Challenge Don't forget New challengers can enjoy a fantastic 20% discount on all FTMO Challenges. Open comment sort options We are currently recommending and standing by FTMO. 2nd day exceeded my max daily loss of 500€ besides I had 862 from the 1st daydoes this rule make sense? Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Ftmo challenge Questions Is anyone having a lag on mt4 while trading on ftmo servers? I have noticed few times where server just wont respond to log in or anything, when trades 01 Free Trials of FTMO Challenge do not guarantee automatic eligibility for an FTMO Account; 02 Each trader is permitted only one Free Trial at a time (you can delete it and start a new one) Traders can use our Free Trial demo account for 14 days. After this period, they can create a new one. 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 200K challenge passed in 5 days and 565 trades! Welcome to FXGears. Rather than growing your balance by 10% by end of the challenge, the true objective of the challenge is to test you if you can not just double your real trading amount that you can afford to lose, but triple it. So from my assumption it’s basically like the verification and FTMO challenge without a target. 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 You gotta read between the lines. 50 loss or slight win. Traders demonstrate their experience by following our Trading Objectives Welcome to our in-depth guide on how to conquer the FTMO Challenge in 2023. 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, but now I am confused. Just stick to the rules in then trading objectives from FTMO 10k challenge - 25% profit but failed cause of So 1st day got 862€ profit. Are you allowed to open a position when news is out within During the weekend that has just passed, FTMO announced their account type known as “FTMO Swing” which allows traders to trade news and hold trades through the weekend. 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 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. 0. There are different types of drawdowns and we’ll cover everything in this article. It incorporates the most common prop trading rules, giving you an edge in the competitive world of prop trading. My question is: Can I just open two positions on two separate days and close them right away for a break even, or will it be considered as "cheating"? Thanks in advance for your help! Late seeing this but this is really helpful anyone else got any other information they can give me regarding the FTMO challenge Reply reply Top 1% Rank by size . Every analyst and financial news outlet is using [] View community ranking In the Top 1% of largest communities on Reddit. Then you have to complete the challenge where you have to make 10% in one month while adhering to their drawdown conditions. But the 10% per month is very hard with only a 10% DD allowed. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! This whole adventure has been a wild ride, and cracking the FTMO challenge with a bot I developed is something I'm really proud of. Any thoughts/ feedback based on my stats? Locked post. Quadrio offices Purkynova 2121/3, 110 00, Prague Czech Republic [email protected] +44 20 3322 2983 ; WhatsApp FTMO only provides services of simulated trading and educational tools You initially pay for a challenge account. FTMO's regulatory challenges FTMO Challenge. 25% per trade with Mentfx since they have unlimited time per challenge, as opposed to 2% per trade with FTMO's 30 day limit. 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. Doesn't -ftmo's business model is based on the failed challenge fees. Certainly not, but if someone tells you that their course is precisely tailored to the FTMO Challenge and after completing it, you will meet the FTMO Challenge 100%, be very careful! Even worse are automatic strategies (EA), which promise you such results. Daily loss was 1250 but mine was 1280$ Does this mean everything is over Welcome to FXGears. I got upset that I closed the trade too early because I would have passed my ftmo challenge in that trade. Posted by u/[Deleted Account] - 2 votes and 18 comments Welcome to FXGears. While I don't think the IP thing will be an issue (I imagine they have a lot of people running an EA on a VPS and also manually trading for instance. Only took 2 days to pass these 3 challenges: x2 200k FTMO Challenges x1 100k FTMO challenge. I have not loss one trade. 9%) of those survive until the first payout/refund of challenge fee. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge account. I have a Myforexfunds live account and have recently failed phase 2 of another challenge. fm and scrobbling! Discuss the latest features, discover cool Last. The subreddit for all things related to Modded Minecraft for Minecraft Java Edition --- This subreddit was originally created for discussion around the FTB launcher and its modpacks but has since grown to encompass all aspects of modding the Java edition of Minecraft. So good trader = guaranteed funding from prop tbh many people dont really have a choice aside from taking the challenge because most likely, no one has 100k lying around to use. This time around I got another 10k challenge but exceeded my max loss and daily loss and still was allowed to move on to phase 2. comments these restrictions on trading during the restricted news events do not apply to FTMO Challenge or Verification accounts. 1%-0. I felt cheated and disappointed. 00 lot trade and that started the losing streak. 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. We also take a closer look at the evaluation Today's article will be devoted to finding the answers to the several most frequent topics our support colleagues get asked about. The price gapped down to 0. The following week I did really bad in my Forex funds challenge as I didn't adhere to the rules Welcome to FXGears. If that’s the case then I will continue making trades. 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! Hey Guys, just passed a demo challenge in 5 days on FTMO, so happy! Welcome to FXGears. The Challenge Refund is something that most traders keep in mind when buying a challenge. "At FTMO - daily draw downs are equal to losses. Welcome to FXGears. Don't panic towards the end of the challenge to meet the profit target by risking more. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). Made a ctrader account with my personal email thinking maybe I can access the FTMO account after I get in, but still no dice. FTMO developed a unique 2-step Evaluation Process for traders. ” So you could do news if you wanted to just to pass the challenge and get To hit your 10 day minimum trading days litterally enter and exit 1 trade a day at like a $0. FTMO. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. Best. I am risking 1% per trade of 100k balance, and based on the graph, it shows profitability with drawdowns of 2. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 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. If i do not violate any of the trading objectives and end up in the positive consodering my account gain, I am eligible for a free re-try according to FTMO's FAQ. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. My question is if any of you guys who have passed the first stage, failed the second one? Sorry to be the bearer of bad news but FTMO traders who pass the challenge are trading on a demo Welcome to FXGears. Thanks for the help I got when I was trying to find a good prop firm. From FTMO/MFF Challenge to FUNDED Account [Prop Firm Journey] Been trading is this world call FOREX from 2016, developing EA/robot. I'm new to FTMO. The FTMO Account agreement defines the trader’s duties and rights. many will suggest 1% or aggressive 2% or conservative 0. The real question is do YOU have a consistent and profitable method? That is the real question. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 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. Effective 04 May 2023, due to our business decision based on operational considerations, FTMO stops accepting new clients in the US states of Delaware, Louisiana, South Carolina, Montana, and Arkansas. 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. View community ranking In the Top 20% of largest communities on Reddit. Free Challenge: Earn a free FTMO challenge at the same size as your current account. The spread is 3. Because every account you Welcome to the r/FTMO_Forex_Trading subreddit dedicated to discussing strategies for passing the FTMO. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! How to pass FTMO challenge and which option is better . 32% and 4. price negotiable depending on challenge size if I can’t pass it then you get your fee refunded (not your challenge fee Currently undergoing the FTMO 10k Challenge phase 1 and safe to say I'm still in it. Very happy with There's an interview with FTMO CEO where he mentions 94%trader fail the challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I’ve used a bot and passed the FTMO challenge, the bot is bot mine but I purchased it and everything has been fine. I lose another £60 and I've failed completely. Reply Welcome to FXGears. Welcome to r/FTMO_Forex_Trading! If you're here, chances are you're looking for some tips on how to pass the FTMO. Hey guys. I lacked a clear Welcome to FXGears. Uhum. A place to discuss forex strategy, ideas, analysis, and concepts. Today will be interesting lol. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Started my FTMO challenge two days ago and went on a massive run and passed in two days P/L Porn DISCLAIMER: Risk management is not reflective of second phase and According to MFF's own statistics around 2. Just over 10 lots first 4 days and then 63 lots the last 2 days? That feels more like gambling . I’ve heard about Prop firms and after massive drawdown in my personal account I said why not. Je mag de challenge zo vaak doen als je wilt, zolang je maar in de positieve cijfers blijft. Open comment sort options. Passing the challenge is easy with a bit of luck but 99% of those who pass the challenge can’t manage to keep the account for more than a month since they would break the rules because they simply don’t know how to trade. The rules for the Challenge Passing help you handle risk management better. 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. Took a 70k FTMO challenge traded just gold, passed in 6 days. I’m very curious about this phenomeno, never took an ftmo challenge, would like to hear your thoughts and experiences. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Passing my FTMO challenge Prop Firms Guys I told myself I'd pass that sh** again and Man Oh Man. 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! With that said, the FTMO challenge is rather difficult to pass, and you may not get through it on your first challenge or even your second challenge. I appreciate it. I don’t know if I get the profit split of the challenge or not, I guess not but I don’t know. So in my case, I reached a draw down exceeding 5%, but never an Ftmo Challenge Hey guys, currently undergoing Ftmo challenge and up 5%, still holding a trade I can see me holding for a couple more days, If you make money on the Ftmo challenge account and pass the account do they also include the extra % you’ve made over the 10% target? I'm going to take part in the FTMO challenge soon but I'm not sure if FTMO lets you keep your profits during the challenge and verification stage. challenge soon, I tried the 100k demo account and I'm doing good so far (2 Welcome to FXGears. plus i prefer the tradingviw system Welcome to FXGears. I quickly learned that I have This FTMO review guides you through the FTMO Challenge, including the signup process, member dashboard and trading platforms. But if you start with 50k and get to 60k on a trade which then goes down to 52k you would not violate the terms as you’re not below the initial amount. . Just completed the 10% challenge for the 100k account on ftmo in 36 hours. Most importantly, have fun! Your trading journey is a marathon, not a sprint. Thats why Im asking if you had expierence with this. 90 while the site was performing maintenance causing me to owe more than my stop loss. Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. Currently I'm doing the FTMO challenge and I got to the profit target. For example, if you risk 0. FTMO challenge. 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. Hi, just wanted to share this with everyone here :) I've been learning how to trade for about 2 years, I never blew up an account but I also never did any significant money always being break even and frustrated. EUR/USD fu**ed up big time and now I have only 6 days to reach a large Welcome to FXGears. But you have to give them 30% of your profits each month. I've been reviewing my trades. Go to FTMO_Forex_Trading r/FTMO_Forex_Trading • by rossquincy007. Utilize the Golf Clash Discord for questions and chatter. 4% max. 200k more to go. Sort by: Yep but mostly just gold for what i see on videos people use US30 Hi! This is the first time I do a challenge for a prop firm. 01 lots btcusd, I did this with FTMO to finish out trading days too. The 2 major drawdown periods are plain and simply my fault. org hosts and mods the community and is a prop firm and One thing you should know before taking this challenge is that FTMO requires steady traders. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. Balancing FTMO challenge and job, August trading . Even though it’s called a swing account, FTMO isn’t well suited for swing trading. Sort by: Best. Welcome to Ourinterest. 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! Hi guys I have a live ftmo challenge, which will start when I place my first trade. While you're at it, read through Reddit's "reddiquette" here. Paid for the FTMO challenge and was went the ctrader account credentials. Looking through the trades since I triggered the challenge to start. 10 and put a stop at 1. Thus, it’s equity based. Q&A. Now im 5% I think this goes against FTMO's user agreement and ToS. AutoModerator • 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. That's how they make their money, and it's one of the best business models out there. After a while it seemed better to simplify everything and just look at plain simple price action, I. 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? I had a similar question but mine is during the challenge. Assess your You can trade all the instruments and assets that are available in your trading platform (Forex, Indices, Commodities, Stocks, Crypto,). You will have superior account conditions in the form of our own FTMO account solution with very low commissions and raw spreads. I have a swing account because big news days are my best days, and I focus on smaller profits so 1:30 is sufficient. The r/GolfClash subreddit is dark from June 12th-14th in support of the Reddit Blackout Protest. I was 50$ away from starting over. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge Prop Firms This made no sense but I found it hilarious and it’s also the reason I would probably avoid steering people to Prop firms at least this one View community ranking In the Top 1% of largest communities on Reddit. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO week two of the challenge on a scalping account. Add a •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. I've been trading for a fairly short time but I'm doing very well so far. 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. View community ranking In the Top 1% of largest communities on Reddit. Also I'm fairly sure FTMO gives you a demo account after you've passed the challenge, and then they copy the trade onto a real account so there may be 1 pip differences by the time an order is filled which in your case could be huge. Should I go for it na ba? The only hesistation for me in mind is yung money na idedeposit ko for the real challenge lol. I was only targeting a 1:1 RR and leaned on a higher win rate for profitability. For example, if you start with $100k, you must NEVER reach $90k or Posted by u/GoatedBum - 1 vote and no comments 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). FTMO gives you a demo account with real life "features" such as spread between BID and ASK. Everything under Refund Policy. once you're a full FTMO Trader, you can even go on an entire month without trading at all if unforeseen 357K subscribers in the Forex community. Took the same strategy I use for my personal account but lowered the Welcome to FXGears. Gewerbe, Steuern, FTMO Challenge Moin zusammen bin seit 3 Monaten dabei und würde gerne wissen ob mir jemand sagen kann, wie das ganze mit Gewerbe, Steuern aussieht. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 50K FTMO Challenge . I have tried the FTMO challenge a few days and got a very bad and unfair experience. Verification done in 1 day. Prop Firms Passed my 200k challenge today! Super pumped. e. Mind you the max that I have lost is 1% per trade. com Challenge! CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Do you plan to take another FTMO Challenge to manage even bigger capital? My plan is to grow together with your company, I am focused on getting the account increase step by step, seeking the 90% division is Welcome to FXGears. I can pass your ftmo challenge I’m only doing 5 spots . As for what prop funds are, google it. This is why I recently have been focused Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. I submitted a claim. Cant wait for the downvotes on this Welcome to FXGears. I guess that's where personal preference comes in because I'm perfectly fine with risking 0. I'm not worried about the 5% daily drawdown limit, I know how to I did the challenge myself. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Just passed my first FTMO challenge by hyper scalping. I’ve been trading for about 2 years and have yet to make a consistent profit. 3 pips to reach the SL. When you finally learn how to trade consistently and generate profits, the sky is the limit. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! First level ftmo challenge on a 200k account a 75% win rate but I end up losing some trades which takes a big hit in the account,it's been 3 days since I took the challenge Welcome to FXGears. ForexCracked Official subreddit; Share and Discuss Forex EA, Indicators, Lessons, strategies, Video Pass ANY Prop Firm Challenges: FTMO, E8, TFT, etc / Funded Account Management, I offer these services! Single Challenge Pass OR Contract Offer. 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 I have gotten funded three times with FTMO before but this is the longest it took for me to pass the challenge this time around. 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. Password: GDMUBF4. Prop Firms Almost close to reaching target on 50k FTMO Challenge. Just received this email from FTMO. And if you get lucky and you pass, you won't hold the account for long. And little know fact you can take the test and pass up to 3 times hence having 300k or whatever ammt you take the challenge for x3. Can someone explain to me why the trade closed At FTMO, clients have the same conditions on the Free Trial version, FTMO Challenge/Verification, and then directly on the FTMO Account. Your goal is to make 10% in 30 days, while never losing more than 10% of the initial balance. I'm definitely no expert and have only just passed the FTMO challenge after a year of studying and messing around. I explained my case, and even took the so called loss which did not equal what I was supposed to be losing. 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 In order to become an FTMO Trader, you will have to pass our 2-step Evaluation Process. You need to demonstrate your experience by sticking to Maximum Loss Rules while making the necessary simulated profits of 10% of initial balance. 75% when I've made 16 trades and all profitable. But I realized in the end that if I do passed the challenge, then it's a free to use capital for me as I got my challenge fee back. Max daily loss and account loss are the 2 biggies. Find me on Discord: isaac_1805 Telegram: @isaacstrading My YouTube: @isaacstrading View community ranking In the Top 1% of largest communities on Reddit. FTMO challenge prices Have FTMO increased their challenge prices? I’ve just gone to purchase one and I’m pretty sure they’re more expensive than a few days ago? comments sorted by Best Top New Controversial Q&A Add a Comment. Hi everyone. to be fair, ok over-leveraging. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I was just about to buy an FTMO challenge then I found out that MFF had been taken down. To give context I have been trading for 6 years profitable for the last two and have been trading with my own capital since. When they pass + become eligable for a profit split, they Going through my FTMO challenge right now. Open comment sort options Welcome to FXGears. 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! 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. Reddit has made some changes in their billing for API calls that effect ALL of 3rd party developers that have alternate apps. Controversial. 6 pips and still had 6. Even fewer percentage (0. I love practicing with these challenges. Buying another 200k challenge to max out my 400k Thing is, if you can't trade successfully a 1k account, don't even try a prop firm. Articles, links, etc are all welcome. I feel I was lucky with the first phase 1 challenge, but the second phase 1 challenge took 23 trading days. We would like to show you a description here but the site won’t allow us. Every trader experiences them. They kept saying I had to wait till the 10 days are over and then i could reach the 10%. Thank you for your replies Welcome to FXGears. After getting funded I ignored the trading plan and my psychology was in shambles. I have been trading since 2020 o Reddit. Algo beats FTMO trial challenge in less than a day (Stats + Equity curve) comments sorted by Best Top New Controversial Q&A Add a Comment [deleted] • Additional comment actions Is FTMO Regulated? Prop firm traders must enter into the FTMO Account Agreement and pass the KYC/KYB process. Prop Firms Share Add a Comment. I would recommend improving your risk management before buying a challenge. Come at me reddit, tell me how shit I am, be as harsh as you want 👍. FTMO's But as you can see here on reddit most of them claims that FTMO is the most expensive among all. I want to take the FTMO challenge for a swing account in August. Around 90% fail the challenge, and those who pass, around 90% lose their account in a short time. The challenge is particularly difficult for swing traders. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Just yesterday I lost my ftmo challenge account also. Def do FTMO, completing that challenge completely changed my life because I would’ve never been able to trade with 100kUSD without them. FTMO really doesn't like it when you risk a lot. 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! So I decided to try an ftmo 10k challenge. - To be with other like View community ranking In the Top 1% of largest communities on Reddit. Share Sort by: Best. I want to tell you my story with Ftmo challenge In the first week i was losing so much , I was opening losing positions one after another at day 8 my max To become our FTMO Trader, you need to pass our FTMO Challenge and Verification. Does Demo affect FTMO challenge passing? I’ve been trading Forex for nearly a year and finally wanted to join FTMO. Let's say I took part in the $10K challenge, and met all requirements and have an ending balance of $12K, since I hit the target of $1K in 4 days. Deposit the challenge fee into a brokerage account and trade it away. At Funding Traders, we stand by the other top prop firms in Welcome to FXGears. Forex, Crypto, Stocks, etc. 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! If I do not buy a new FTMO challenge, the advantage is that I do not need to forfeit the money that I paid for this Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Go back in time and stop yourself from buying a FTMO challenge without a So once you withdraw your profit for those 30 days it restart like a challenge. As a scalper, I couldn’t imagine holding over the weekend, or even overnight. You'll keep failing. Today i finished my first phase of my 100k Challenge. You have to pay a entry of a couple hundred euros and they give you from 10 000 to 100 000 dollars to trade with, if you pass the challenge. See Pinned Post in group or my latest video's description on YouTube. If you’d like to try the challenge but are not wholly confident of your skills, consider starting with the $10k challenge, as the FTMO 10k challenge fee is nominal compared to the bigger challenges. I was quickly off to a bad start, EURUSD was in a bearish trend, I had the bear in mind, but EURUSD turned bull, which is fine, no biggie- I . If <10% of people complete the FTMO challenge, my guess is over half of those challange winners will break their drawdown rule due to not leaving enough drawdown cushion from previous profits, or just bad trading because they got somewhat lucky with the challenge results and time will reveal the true profitability. FTMO Challenges started before this date and active FTMO Accounts are not affected by this decision, however, new orders are not available. The first step in the FTMO Evaluation Process is to pass the FTMO Challenge. They want to see if you can flip your account from $5k to $15k. I did pass my FTMO Challenge in like a day with my first two trades. Awaiting real account. They have a long history in the industry, proven consistent payouts, and upstanding customer service. I took a 2. It has a free trial that’s quite tough if you ask me. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hey guys, currently undergoing Ftmo challenge and up 5%, still holding a trade I can see me holding for a couple more days, If you make money on the Ftmo challenge 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. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Confused about ftmo challenge Prop Firms I see that my daily loss was exceeded though im in profit. Open comment sort options So today I failed my FTMO challenge. In this post, we’ll FTMO has 5 stars! Check out what 13,475 people have written so far, and share your own experience. I decided to hold off on paying until I understand if it’s something that’ll hit Key Features: Built for Prop Trading: Pow Banker EA is specifically designed to help you pass the FTMO challenge and trade live. 09%, the profit factors are 3. Not trying to be offensive, but it was dumb to keep trading let alone without a stop-loss at less than -$500 or without keeping track of View community ranking In the Top 1% of largest communities on Reddit. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO challenge experiment day 3 Prop Firms 34 trades and very small profit lol. 🙏 Share Sort by: Best. 210k down. 875 subscribers in the ForexCracked community. AMA. We deliver a Trade on the platform and you pay only if there is a profit. 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! First FTMO Challenge Passed - Onto Verification! Prop Firms Share Add a Comment. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge. ) you really don't want to put all that work in only to get caught violating their ToS and rejected. r/Forex. FTMO Challenge . Ftmo is a prop fund and u pay a fee to participate in a challenge. However, if you can do that, then you are in the game. In essence, less than 1 in 100 people who take a paid challenge survive until the first payout and challenge refund. New. P/L Porn Locked post. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hey guys I just passed both phases on the ftmo challenge, and I must of change my name by accident a few yrs ago and now they are saying I breached the contract is there any Welcome to FXGears. Like the market owes me right. I also did the same with an account on my wife’s acct and had 100k x6! View community ranking In the Top 20% of largest communities on Reddit. Recently I started to try out Prop firms and went with FTMO I tried a 10k challenge and passed and made it to a small payout. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. It requires patience, time and discipline. Forex market inherently is tough to survive and add prop firm rules on top of it, the prop firms have all the edge. 1% of those who take a challenge pass both stages. New comments cannot be posted. Account: 2090800614. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! So last month i ended up 8% in profit but the duration wasn't enough for me in the FTMO challenge, didn't violate any rules, so they gave another free challenge. com challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! If I was doing a FTMO or MFF challenge I would probable risk no more than 1% and the 5%ers would be . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Well, I just failed my FTMO challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Just passed FTMO challenge, how long does it take for them to give you the verification account ? Questions What I mean is that, FTMO have an email and chat support. The subreddit has not kicked you out or gone private. Looking at the top 3 on their monthly leaderboards, this person Kasper was at like 90k by June 3, and $270k June 9. Geen scam, dat is zeker. If you’re an ambitious trader seeking to prove your skills and secure a funded Step 1: FTMO Challenge. Prop Firms . On the 50 lot day, if your stop loss across those 5 trades was 20 pips each, your risk was equivalent to $10,000 to make $840. I've narrowed down and will share some things that stood out and helped me succeed. First step is to forgive yourself, then reflect and see where you went wrong and implement new measures so that you'll do 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. In this case, the possibility of positive influence in your trading is pretty much zero. If you make even a cent over the 10K capital, FTMO gives you a free retake. The contract further details the FTMO regulatory compliance and relationship with the trader. Share Add a Comment. I am starting the FTMO challenge today. I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. com/b/gUfIDGet up to $6 Traders need to understand the reasons behind this ban, how it influences their trading journey, and what options remain available to them. Things that helped me pass my FTMO challenge, verification, funding and payout . Hey friends, just looking into the FTMO challenge, this might be a dumb af question, but do they give you the 10k to trade with? Or maybe they just make you trade in a paper trading sandbox? A Reddit community for all things Last. Now I have to wait 8 days to start step 2. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I started my first FTMO challenge. I also read some reviews on TrustPilot and it seems like the Daily drawdown is one of the main reasons why traders fail the FTMO challenge. Dit allemaal om "kaf van het koren scheiden". which is more than enough to pay out the traders that do make money (90%+ loose) -the really great traders with good rm and consistency over a longer term basis get copy traded onto a larger live account. Top. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the View community ranking In the Top 1% of largest communities on Reddit. 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. Only 8% of all challenge takers pass. And looking where price moves to. It's hard as I started ftmo challenge and my Forex funds challenge and in 1 week I passed ftmo. Open comment Welcome to FXGears. So you get a new 50k account every time. This Evaluation Process consists of an FTMO Challenge and a Verification and is specifically tailored to discover trading talents. 59 respectively. With the right risk management you can guess your way to an ftmo pass assuming you guess right 50% of the time. So obviously, there’s something wrong with the strategy. FTMO challenge . Ourinterest. A drawdown is a reduction in the equity value of an investment and an inevitable part of every trading system. Seems to work so I'll see how it the only living thing who sees my trades is my cat. I think that the FTMO trading is a good opportunity for traders to get good returns for a small amount. Any Questions, feel free to ask. I over traded and just went in complete denial over the fact that I had just lost a substantial amount. 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. If you believe this was a mistake, please kindly message the I am very risk averse so 2% per trade is high for me. So far so good, but I got there in 8 trading days instead of the minimum of 10 trading days. Our FTMO Challenge is the first step of our Evaluation Process. Didn't work. Many of us on Reddit have probably used MFF in the past, and it is well known for their shitty spreads. I have also started new challenges Welcome to FXGears. Both verifications took me more than 30 calendar days I believe slow and steady is the way to go with ftmo. FTMO Challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! If we go to the minimal FTMO challenge that is marketed as a "$10K" account the daily loss limit is $500 and total loss limit is $1,000 and the fee they charge is €155 for 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 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! Completed FTMO challenge in 3 days with $80k account. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! MY Forex Funds Or FTMO discount code source? Prop Firms Hi traders, anyone with a working discount code for either firms? Check out The Funded Trader. Please participate in other subreddits (other communities on Reddit) to increase your Comment Karma points. I'm assuming you had some historical trades/track record you based your risk on going into the challenge. I could see I was trading in a emotional state and felt very isolated. I was just wondering how people feel about this as these two things were the only “weaknesses” FTMO had in comparison to other prop firms. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO challenge Prop Firms Started my first FTMO challenge yesterday. Step 1: The FTMO Challenge A 30 calendar day demo account where you will have to trade according to our rules. Old. Passed FTMO Trial in 2 days (Happy to share tips!) i shorted a downmove and got lucky over 7 trades. 5% per trade with a 1:2 risk-reward ratio, you will hit 10% in 10 How does passing the FTMO Challenge and Verification changed your life? The Challenge and Verification have played an important role in my trading career understanding the importance of sticking to your plan and If you’re a trader who looking to pass the FTMO Challenge and win the Funded FTMO account with real money, you’re in the right place. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hi guys , I've been trading for 3 years now and I'm getting ready to do the ftmo funded. Can funded account help with discipline? I have been thinking about it and started challenge, my thinking is that it can help Welcome to FXGears. While of fxify for example you can directly pay an extra fees and get more benefits on creation. The rules are closely aligned with the paid version The FTMO Challenge is the first step of Evaluation Process and educates you to master your trading habits. I don't understand why my win rate is 93. For example, I bought at 1. My view on copy trade is different, especially because we work with it. A lot of traders have been able to make a good living by trading full-time thanks to FTMO. 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. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I'm taking the FTMO challenge, and this trade just closed with SL. There is a reason why phase 2 have longer time to pass and less profit target to achieve, because the company knows lots of people get lucky on the phase 1 and they want to I felt ready, and started my first ever FTMO challenge on Monday gone, ended up making 9% this week and I am around €70 from the profit target of €1000. Can't celebrate too much because I haven't pass the eval yet though Hey guys, I am currently doing an FTMO Challenge. So, in addition to being able to experience the platform for free, clients have the opportunity to experience exactly what they will experience on the paid accounts. i was messing around with the lot sizes and basically fucking around. Prop Firms Greed got the better of me. 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! Stop taking ftmo challenge. Hello! I already passed ftmo demo trial for 14 days for 3 times already. Anyways can some one That's true. One thing I noticed is my Saturday and Sunday trading days did not show up in the trading objectives until late Monday, seemed weird to me but as long as you're opening and closing on the right days (check time zone difference between you and FTMO) it should show up during the week Welcome to FXGears. I've been trading for about a year now and have been consistently profitable over roughly 1000 trades (I have What's your next step after you fail your first FTMO challenge? This video goes over 3 key actions you can take to improve your chance of success with your n Hit the like button for more powerful content on your timeline!I hope you enjoyed the videoDaytrading & Fitness Websitehttps://payhip. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Did FTMO increase there challenge prices? Prop Firms Share Add a Comment. So, for example a common challenge is to do 8% in a month. Went to the ctrader web version and tried to login with the info FTMO sent me. I can demo trade just fine, I passed 3 ftmo trials one after the other. Also muss man überhaupt ein Gewerbe anmelden? Welcome to FXGears. Must say I am now funded after passing FTMO challenge and also helping other traders out. My idea is to use a scalper account that works good on demo but not on real account (slippage is a problem) to Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas Welcome to FXGears. I usually trade my own money and wanted to know some things. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Passed another ftmo challenge. FTMO is legit, and I assume they have a lot of very successful traders. New comments View community ranking In the Top 1% of largest communities on Reddit. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly To pass the FTMO challenge, take smaller risks and plan on using up a good chunk of the 30 days to reach the target. Nowhere in the terms and conditions does it say cats can't take the challenge. fm tools and utilities, share your taste I failed the FTMO challenge because my stop loss was not triggered due to FTMO site maintenance. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I just recently got my first FTMO challenge. 12% overall DD, 6% Welcome to FXGears. This stage serves as a testing ground for aspiring traders I started my challenge on the Monday and I failed in like a day because of that, It doesn't help that on my personal I swing and I let trades run loose. FTMO is absoluut een betrouwbare organisatie, ik zeg dit uit eigen ervaring. It's all about mixing the old school trading Welcome to FXGears. In this unique 2-step Evaluation Process, we assess your trading skills and whether you You have the chance to explore our Evaluation Process on the FTMO Free Trial on three of our platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and DXtrade. 5% etc but ultimately you have some rules on the challenge that will have to be followed else its over. You can also view the available Sorry OP but that's a dumb question. I have been trading a 40,000€ demo account at FTMO for the last two weeks (see screnshots) to see if I can put what I have learned into practice, i also made some View community ranking In the Top 1% of largest communities on Reddit. I signed up for demo last week to see how it works and the challenges etc. There are 4 different challenge accounts you can pay for: $10,000, $25,000, $50,000, and $100,000. 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. To help you met these Trading Objectives, with the purchase of the FTMO Challenge you will Countless YouTube videos, Udemy courses, Google searches. Long story short, I want to aim for a €40,000 challenge next year and wanted to ask you what your experiences are with FTMO and what you can possibly give me tips along the way. If you pass the challenge then you'll move onto the verification. A community to discuss your latest forex trades, tips, rumors, and advice. e impulse, corrective, impulsive etc. FTMO Challenge Free Trial . 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. flzap ioatpm xdyng pibpssq xokla wruhd mktybt ojoifp vsi uqsbsb