How to pass ftmo reddit
How to pass ftmo reddit
How to pass ftmo reddit. I have passed the initial challenge and I am currently trying for the verification phase. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Currently I'm doing the FTMO challenge and I got to the profit target. Here are my 5 tips on how to Today I'm going to show you the easiest way how to pass the FTMO Challenge or any other prop firm challenge. be/_kKvG I have just bought an FTMO challenge and I got my FTMO challenge login credentials from the clients panel. Old. The lot size in the set file will help to pass the FTMO challenge in a minimum of time. I was looking into Topstep FX but the weekly loss limit for step 2 is cut in half, which makes it very hard to pass. FTMO has paid out over $130M in profits to traders on their platform in over 180 countries. 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 So you are paying €155 for the possibility of only getting access to at most $1,000. Also looking into funding talent but haven't researched it enough. View community ranking In the Top 5% of largest communities on Reddit. Then, around 1 month to pass the second phase, to get 5%. Once the challenge phases are passed then I can justify reducing risk to 0. But since then I’ve also been attempting FTMO’s free trial challenges that mimic the real thing, I failed the first 2 times, passed the 3rd time, got a repeat and passed on the 4th time and am set to pass the 5th one (hopefully). Tried FTMO trial. By this time, the time demands I have are so much I am not trading FTMO and do not trust people who say they can trade profitably on FTMO. I've been trading for about a year now and have been consistently Overall, passing the FTMO. After having the funded account you don’t have any monthly profit target. I've narrowed down and will share some things that stood out and helped me succeed. Become our next FTMO Trader and work with an initial balance of Here is some general advice to improve your chances of passing the FTMO Challenge and getting funded. FTMO doesn’t have time limit anymore, so I would decrease risk even more, risk so little that you can easily lose 20 or more trades in a row. After you sign up, They will offer you a Free Trial where you can try trading as if you were in the real Challenge, and this is completely for free. Funded traders can begin trading with up to $400,000 with leverage of 1:100 and keep up to 90% of profits made. The time is enough, we don't need to forget risk management. Your task is to trade profitably Welcome to FXGears. This is why I recently have been focused What a coincidence! 6 years of chart watching and I’ve never seen 500 pip spreads on GBPAUD in my life but somehow FTMO had them when I was holding a highly leveraged position. This helped me a lot to reduce the stress of passing. The leverage is only 1:30 instead of the usual 1:100 however it is easily compensated by trippling your lot size. e something you look out for at market open. On the other hand, I don't believe a company like FTMO works together with companies like that. If the o Reddit. IF you fail, go straight back in, always trust in something that makes you win something most fail at 💪 Started doubting myself, pulling out of trades early and it only goes downhill from there. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Passing FTMO: Golden Tips Prop Firms Hey fellow traders! I wanted to share a few game-changing tips that helped me conquer the FTMO challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in 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. . Reply reply you will pass yes yes I know there is FTMO and MFF but I really don't want to go through an evaluation period, I would just assume put my money where my mouth is and use some extra funds from them to help. Today I wanted to start the 10k funded challenge but didn’t bc in the terms and agreements, there are rules about Demo trading styles affecting whether or not you’ll pass the challenge - has anyone been rejected/denied to being funded even though they passed the FTMO challenge and verification? Thanks in advance Welcome to FXGears. On my FTMO account under credentials with the login ID and password it also says platform DXtrade. Take your time, bad losing streaks happen to everybody. You should give all your money in now, or even borrow some more, since, you know, 10% is so easy to get everyday. Top. Buy the 50k challenge from MFF and buy the 50k from FTMO. Took me 9 months of practicing price action: I can now consistently pass the FTMO free trial. com challenge requires a combination of preparation, risk management, discipline, and continuous learning. Everyone goes through revenge trading at some point, I counter it by placing 1 trade per day at an absolute maximum (scaling into winning positions not included), win or lose, I place the trade and wait for the outcome, after that I go off and do whatever else for the rest of the day. Add a When you are able to trade with your style, in the demo account, for couple of months, then you know you can find your own account or take ftmo challenge with higher probability of passing their test. i doubt anybody here at least even pass the verification like that one guy before, knowing how bs lying unprofitable 99% traders prove to be, probably marketers for the firms like somebody here too who claims he I’m sticking to my usual brokers after this ftmo excersion. I can't find the stats How to pass the FTMO Challenge? AVOID These 4 Common Mistakes! | FTMO. Now, The advantage of FTMO is being to take a small stake (540 Euros) and turning into a $10000 account that can be leveraged up to $100000. - Win rate of 55-60%. Look at what FTMO is doing right now. 216,075 Views. They may get hundreds of people joining all for the chance to get this 1 account. If you treat your risk tolerance Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. news announcement would carry certain rules around trading the event. Let's say you trade a tripple EMA crossover strat on the 5m. Passed FTMO Free trial Prop Firms Should I now try to get a actual funded acc Share Sort by: Best. 01 for the remaining trading days? or is there some kind of rule against that? Prop Firms Has Paid for the FTMO challenge and was went the ctrader account credentials. the fomc day runied the statistics, i wanted to pass the challange with very few trade in 1 day, but then it went wrong and i started using the strategy mentioned since day2. It basically means that if you manage to pass, you get funded and it costs you nothing. If you pass the verification then you get a funded account with the amount you initially paid for. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Just wondering how any funded traders on here deal with the news rule on FTMO, that a trade cannot be left or entered within 2 min either side of the news release? Traders in So first for me is ease of getting to payout, then cost, then scaling. But to your point about increasing from $140K to $300K: are you seriously proposing that a reasonable person, acting prudently, would let $160,000 sit in a a non-intrest-bearing-account if there was the slightest chance they may never receive that money? I find that From what I have seen some of FTMO most successful traders didn't pass the initial Challenge, but they tried again. After a while it seemed better to simplify everything and just look at plain simple price action, I. If something still seems unclear even after reading After you pass all the Trading Objectives in your FTMO Challenge, you will see a notification in your Account MetriX informing you about your success, and you won’t Yes, phase 1 is the hardest and if you can pass that then phase 2 should be straight forward. CHALLENGE PASSED . I'm definitely no expert and have only just passed the FTMO challenge after a year of studying and messing around. They helped me to bring me a $100K funded account and now I am earning a little amount of money for my With FTMO, to get your 70% profit share, you have to invoice them, which I would do from my LLC (once I create it). So you put a deposit / security payment of $230AUD, to start the challenge, but can lose a maximum of $1500AUD They run these things like a casino and we know the house usually wins. Just 1 month ago you asked how to open a forex account with $100,and you got lucky to pass the ftmo on first day,then you think you beat the market. I am so hyped and a post like this motivates me a lot. Specifically, is there anything that indicates a breakout to you, i. In the Free Trial, you 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. 46 :D Now that FTMO have removed the max delay to achieve the goal, take your I’ve passed a couple challenges and I hated them. No special tricks or indicators (naked charts), just technical analysis and constant practice over the course of 9 months. Dude was managing a million dollar account with them and went on to trade for some firm out in Dubai. Reply reply Apparently this is all right under FTMO rules. i like that maximum drawdown is 12 percent on mff and cheaper too. There’s financial regulations that say when a broker applies spread/slippage they must apply it fairly and in BOTH directions (ie sometimes favourable for the trader). 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. Interviews with successful traders also got viral on our YouTube channel. Your first goal for the day is developing good trade ideas, a close second is managing risk. Financial markets. The purpose of the Free Trial is to serve our new clients to see how it works and assess their trading skills to see if they have what it takes to pass an FTMO Challenge and Verification. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Yeah i been trading for quite a while but still fall to greed. So if you use the lot sizes as shown in the set files then if you blow the account you have to start a new challenge until you Guys you have unlimited free tries while during the challenge to pass it if you don’t break the rules but don’t achieve the profit target 10%. Explore How it works Sounds good, only up from here ! Just remember to trust your system as always and never switch. Passed FTMO Trial in 2 days (Happy to share tips!) i shorted a downmove and got lucky over 7 trades. Look at Bernd Skorupinski. once you're a full FTMO Trader, you can even go on an entire month without trading at all if unforeseen Welcome to FXGears. The Q&As with our successful traders who managed to pass the FTMO Challenge and Verification were also quite trendy, so we brought you 22 of them. In my next evaluation i did some mistakes relative to my psychology, that I fixed after the lessons that I toke . Thanks heaps. I received the Verification account today, and started working since Asia session . Just able to complete a 4% maximum per account. But the more people pass and get payout the less Key features: 01 Explore the FTMO platform and unlock Free Trial bundle of Tools & Services; 02 Assess your trading skills without entry fee; 03 Gain insight into the FTMO Challenge and Verification; 04 Identify areas for improvement before undertaking the paid FTMO Challenge; Important Reminders: 01 Free Trials of FTMO Challenge do not It is true that at the beginning, I was afraid to fail the first test, I knew how to trade with a small capital at the beginning and I wanted to opt for the comtpe financed at 50k$ but fearing to fail the verification stage with quite complex evaluation criteria I called upon a professional who passed all the steps for me and passed brilliantly. Another is how many days until you can withdraw and how much you can withdraw at a time. I felt cheated and disappointed. With the right risk management you can guess your way to an ftmo pass assuming you guess right 50% of the time. I don't reduce my risk in drawdown either. Q&A. 2k in some moment. I started with FTMO, because they offer a free trial and I trained myself to pass those trials with 10% profit instead of 5%. My $100k FTMO demo has ended after 14 days and I made $13,700 - this is crazy to 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! So I decided to try an ftmo 10k challenge. In the first category of the Academy, within the section on the Basics, you will find four chapters. Earned my FTMO 10K, Passed Verification in 4 Days FTMO is a prop firm, you can pay a fee to be evaluated to earn capital (10,000 up to 100,000). If you've never taken on the FTMO Challenge before, here's your chance to shine. I’ve passed so many challenges in less than 3 days, but it doesn’t mean anything. With FTMO I’m fairly certain there are restrictions on certain news evens across relative pairs. gitbook. In conclusion, passing the FTMO Challenge requires a combination of skill, discipline, Hi all, long time trader here, just recently passed my $15,000AUD FTMO challenge in 2 days (lol), and was wondering how does FTMO profit from its users if alot of traders fail? To put this in perspective, I'll be speaking AUD. Almost everyone that tries to pass will fail. But if you do the math of the minimum amount of profit you need to pass a challenge the challenge will be a lot easier to pass. - To be with other like Welcome to FXGears. I passed my nova funding and genesis funding of a guy on discord I’ve been in his group for 3 years now and he provides signals so you can get paid out after passing too Dont buy another challenge account until you are profitable I did that twice before I passed and while I learnt from it, I couldve saved 1400$. The relationship between an FTMO Trader and FTMO is based on the FTMO Account Agreement that we will sign with you after you pass your FTMO Challenge and Verification and create FTMO Identity. That means you can trade with up to $200,000 on an FTMO Account at an unbeatable price. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! EVEN IF they can pass an FTMO challenge and provide you a funded account, YOU STILL NEED TO BE ABLE TO TRADE SUCCESSFULLY TO DO ANYTHING WITH THAT That your friend passed the test (as was confirmed by FTMO I assume), proves that it is not a scam. You are better off by going with 5ers or MFF due to their realistic trading constraints, i. I got 2 more weeks to pass the challenge or breakeven to get a renew challenge. I risked 1% per trade, looking for trades that give RR of 1. I wanted to ask you all how many times you recommended passing the free trial before actually buying the real Welcome to FXGears. They are ok with paying out those 0. 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. No prop firm company wants you to pass. I have tried the FTMO challenge a few days and got a very bad and unfair experience. Topstep Funded Traders™ can pay themselves up to 4 times a month. 24% of people who pass. 24% pass and get payout (MyForexFunds statistics). View community ranking In the Top 1% of largest communities on Reddit. About a minute before a huge news event like non-farm payroll (NFP) sell 45 lots on your MFF account. You should do the free ftmo challenge, they give you 14 days to get 5%. New. in reality people will say ftmo is superior, i think u dont have to leave ftmo and can have both of them at once. Took the same strategy I use for my personal account but lowered the Welcome to FXGears. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! How long have you been trading for? I hope to pass FTMO one day, currently doing a lot of back testing and demo trading. I personally think FTMO is the better option due to not having to worry about those lot size restrictions that 5%ers imposes. So obviously, there’s something wrong with the strategy. I'm pretty sure FTMO don't trade for anyone, they just give traders the capital, hence why you as a trader going into FTMO need to pass verification to FTMO also gives the option to take a trial challenge to make sure that you know what you are up against. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! „I passed 3 times FTMO challenge 100 each“ ( but either I failed to maintain my profit streak or my headline Welcome to FXGears. Stick to a Trading Plan: Develop a trading plan that outlines your entry How do I become an FTMO Trader? How long does it take to become an FTMO Trader? I have successfully passed my FTMO Challenge, now what? What capital will I trade on By following these tips, you can increase your chances of passing the FTMO. S. 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. Think of these firms like a litmus test. So based on my experience and you Welcome to FXGears. Before diving into how to pass the FTMO challenge, it is essential to understand the evaluation process. For example, if you risk 0. This community is being created due to orignal r/FIREIndia mods blacking out the sub against reddit policies change and the alternative r/FI_India getting modded out of reddit. Even after getting a funded account there is a 30% profit share to be given to FTMO and there is always a fear of disqualification when a string is losses strike eventually. From FTMO/MFF Challenge to FUNDED Account [Prop Firm Journey] Been trading is this world call FOREX from 2016, developing EA/robot. All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! but you know you have the experience to pass the FTMO challenge, you're much better off getting the $100k FTMO account than trading your own money. Now--if you fail the $10K challenge and take it several times to pass--for example say you took it 3 times to finally pass now you have spent €155 x 3 = €465 to only get access to at most $1,000 total loss limit (or only $500 daily loss). It sounds simple but please don’t underestimate it. However, I limit myself LOTS now. I forgot to mention that recently I checked out all of their LP’s spreads during the EOD and they don’t get anywhere near as high as what FTMO provides. FTMO has a dashboard that lists the times that the news will be released. io/wiki/ Please read the rules before commenting / posting. the split is about 80/20 i think? but you have a pass a test to show you can trade well enough to grow an account without losing more than a percentage of the account. They run these things like a casino and we know the house usually wins. I am leaning more towards FTMO since it's popular. I've been reviewing my trades. Open comment Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Just passed a FTMO funded account for my client within 4 days Prop Firms Share Sort by: Best. Controversial. Firstly, I found my sweet (I am a swing trading trying out some swing strategies on Prop firm accounts (after passing challenge) but strategies' metrics are going way down due to Swap fees) Thats why we have Swing Accounts like on FTMO now cos that what swing traders do primarily. Reply reply More replies More replies. r/Daytrading aiming to bring Reddit's attention to the significance of our concerns regarding the recently implemented API changes. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. And looking where price moves to. The disadvantages are that I have to fork out money for the new challenge (which can be redeemed after I pass it) and I most likely have to forfeit the fee that I paid for the current challenge. You are trading with their money with the intent of producing a return against the market. If you pass early do they push you to a live account or do you have to wait for the two months? The traders who do pass both - evaluation & verification will end up losing the account because by doing 100% returns (10% in his mind) he thinks he can continue to risk the same whereas market will offer nothing in one of those weeks and drawdown and it’s hard to get out from DD. 36 votes, 52 comments. They will pay if you pass but they they don't like people passing (except for marketing). Save the cost of failures and get No refund until you pass. Immediately buy 45 lots on your FTMO account. Most people only lose the challenge because of too much risk and therefore the mindset takes a hit. I'm pretty sure FTMO don't trade for anyone, they just give traders the capital, hence why you as a trader going into FTMO need to pass verification to This is a win-win model because you as a successful trader take away 90% of profit without risking your own capital, while the funded account providers like Apex, Topstep, Earn2Trade, FTMO, etc take 110+% out of your profit by copying your strategy. Let's say some other trader in another part of the world also happens to trade the 5m EMA crossover strat and takes the same trade as you. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. 4k and an end balance of 110k which suggests you must have been about 4% in drawdown on the account in the first place. 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. YouTube. Fine, but many firms make Rules very Yes, the supposed account size doesn't matter because you have to trade the account based on the drawdown limit. There are many firms offering deals and offers, but all are very unprofessional firms This industry should be simple, firms need Traders to succeed, so firms make their commission. I paid another guy more money for a 10k account. Please get started here - https://fiindia. But they do not provide any more details. Any help? Share Add a Comment. Anyways, congrats on your pass. 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). But the guy blew three accounts in a row. once you pass they give you the acct, and from then you grow the account and get paid from it Welcome to FXGears. Rish management is key, and you should aim for minimum 1:3 RR and risking no more than 1% of your account. If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". 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. After you sign up, you can either start an FTMO Challenge right away or, as we usually recommend, start with our Free Trial, which is a free version of our FTMO Challenge intended for practicing purposes. r/AskCarSales will remain private Sunday, 06/11 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. 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 current challenge. In conclusion, passing the FTMO Challenge requires a combination of skill, discipline, Welcome to FXGears. 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. Decided to Yes it sucks, and yes you should have good risk management skills to mitigate the risk of it happening, but I found that caring too much usually leads to messing the account up. once you're a full FTMO Trader, you can even go on an entire month without trading at all if unforeseen The ctrader credentials ftmo sent me do not work when I go to the web version and try to login. That strategy is the one that made you pass something many fail to do, don’t switch it up if it gives you a couple of losses after. Thanks for the transparency regarding the attempts before you passed. The FTMO challenge has two stages: the evaluation phase and the verification phase. If your strategy can help you pass the 10k, then you will pass the 200k. I can pass your ftmo challenge I’m only doing 5 spots . The purpose of the Free Trial is to serve our new clients to see how it works and assess their You have to pay a fee to take the challenge, fee that is refunded if you pass. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! What I mean is that, FTMO have an email and chat support. You have to be profitable to be able to make money on their If you pass the challenge then you'll move onto the verification. Stop paying for challenges if you're consistently failing. Do you have a trading plan in place, and do you follow it strictly? Yes, I have a strict plan in place which helps me exercise discipline. The subreddit has not kicked you out or gone How to start? Before you decide to accept an FTMO Challenge, we want to make sure that you know what you are up against. In the Introduction to Financial Markets you can learn the basics of Welcome to FXGears. Why ask here lol. 1K Likes. If the FTMO Account Agreement is successfully signed, you are given the right to use your FTMO Account in a simulated demo environment with But imo MFF is easier to pass because of the 8% target in phase 1. When I swiched from demo to FTMO i failed my first challenge due to the exact problems that you mentioned. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Either an EA that trades for you, or one that gives signals that adequately pass and allow you to profit at FTMO. Heres my process: (I live on East Coast of Australia) Now that MFF is having some issues due to their business model that involved using money from challenges to pay traders. So for example, take the FTMO challenge, you’ll need to pass the 10% target. The real question is do YOU have a consistent and profitable method? That is the real question. Now I'm trading the 15k AUD challenge and currently at negative side -50%. me/digitalmoneymakersIn this video, we will show you how to pa We express our warm welcome to our new FTMO traders. But Topstep does let you keep 80% whereas FTMO you keep only 70% and you cant trade during news events once funded. Challenge phases in my view are meant to be passed or failed. , why would you go with FTMO if you get another provider’s challenge with easier constraints. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I just passed my FTMO challenges as an independent trader about 3 weeks ago and it took just over a week for me to get my funded account. If you traded your own Trade the trial FTMO and pass it 3 times in a row. Go to FTMO_Forex_Trading r/FTMO_Forex_Trading • by rossquincy007. If you pass it, you get funded. Reddit has made some changes in their billing for API calls that effect ALL of 3rd party developers that have alternate apps. Now that MFF is having some issues due to their business model that involved using money from challenges to pay traders. price negotiable depending on challenge size if I can’t pass it then you get your fee refunded (not your challenge fee Additionally, you need close any open positions on the pair it'll effect . I got FTMO passing service by FuelForex. In We offer a Free Trial account, which is an abridged version of an FTMO Challenge. I have been with FTMO for a fre years noo an genuinely find you the most Professional firm in this industry. Over management is a headache to me personally. I have done my math and the profit yield from a 100K funded account with 1:100 leverage is almost the same as the profit yield from a $7K own account with 1:500 leverage View community ranking In the Top 1% of largest communities on Reddit. Without the weekends, you’ll get 20 trading days. 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)? Last month, I passed the FTMO demo account and I said to myself that I am ready to do the challenge. With the right strategy and I think a lot of people don't realize that many of the traders that pass the challenge fail to make their first withdrawal because they fall off after getting funded. Take a look into how they managed to score the FTMO Challenge and what methods they used to pass our Evaluation process. Good luck, and happy trading! How I Passed FTMO Account in 2 weeks (Analytics)Curious about how to pass the FTMO account in just 2 weeks? Watch this video for analytics on how I achieved To pass the FTMO challenge, take smaller risks and plan on using up a good chunk of the 30 days to reach the target. true. Yeah keep going on kid, you did really great. Yourself? Reply reply No prop firm company wants you to pass. Only 0. GL. It trades RR 1:2 Daily EURUSD ,GBPUSD ,USDJPY , USDCAD. Also, once you have a live account, if your hitting 10% in 3 days that means your risk is pretty high. I created an account on ctrader thinking once in maybe I could switch to the FMTO account, but still cant see where, how or if that is possible. Reply reply Top 1% Rank by size . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Is there a question you are asking or are you just informing the community that you can pass the FTMO challenge? I took around 40 days to pass the first phase getting 10% profit. - No challenge was done in a day or a single lucky trade, all trade Today's article will be devoted to finding the answers to the several most frequent topics our support colleagues get asked about. 5-1. Top 1% Rank by size I think you are taking a lower probability of success by choosing FTMO. They both give you a extension when you’ve got 50% of the target by the end of the challenge so in the end it’s pretty easy to pass both. 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. It just sounds like u can’t pass a funded Welcome to FXGears. AMA. I would suggest anyone taking on these challenges is to take the 10k account and then use winnings to pay for the 200k account. The have a $500,000 challenge account you can win if you purchase a $100,000 or higher challenge account. FTMO basically, made a two-step process to check out your trading performance. That doesn't mean don't take the test if you can pass, you may get a few good pay outs from it, but once the hype stops and they dont have loads of people failing the tests to pay the people actually making money after passing, it will collapse. That being said, ftmo recently made available extensions if you are close to the target and from day one even if you don't hit the target within 20 trading days you will get a retry anyway. 3 or better. Trading is hard. In any moment my account was in risk. Sorry OP but that's a dumb question. FTMO is legit, and I assume they have a lot of very successful traders. com/?affiliates=1710My Trading Robots and Free Signals: https://t. The have a $500,000 challenge account you can win if you purchase a $100,000 or higher challenge FTMO is a prop firm, you can pay a fee to be evaluated to earn capital (10,000 up to 100,000). You only need to earn 2. Don't let this opportunity pass you by. If you are a real profitable trader you shouldn’t have any problem following FTMO rules. This will help you gain confidence and prepare you for the challenge ahead. Password: 6NBWXXJ. Just a reminder FTMO/fake "prop firms" are almost certainly ponzi schemes. With FTMO, to get your 70% profit share, you have to invoice them, which I would do from my LLC (once I create it). e impulse, corrective, impulsive etc. I think the psychology part of trading is just really difficult to me. So you put a deposit / security payment of $230AUD, to start the challenge, but can lose a maximum of $1500AUD If you've never taken on the FTMO Challenge before, here's your chance to shine. Made a ctrader account with my personal email thinking maybe I can access the FTMO account after I get in, but still no dice. Just because your strategy doesn't work as well doesn't mean other people's don't. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO is a prop trading firm. If you can't pass their requirements, you most likely can't trade. In the Free Trial, you will also have the possibility to test our Trading Applications and you will •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. Things that helped me pass my FTMO challenge, verification, funding and payout . Step up your trading game today and claim your discounted In this Video I show a #scalping strategy that I test at the moment to pass an FTMO challenge. But here is the problem: is FTMO using the same business model ? Especially because they claim they use their risk management for demo accounts connected to live markets. I've been trading for about 10 months. In a nutshell: FTMO is an exciting top-notch proprietary trading firm loved by thousands of seasoned traders. FTMO is a prop firm where you can get a funded account to trade. I’m very curious about this phenomeno, never took an ftmo challenge, would like to hear your thoughts and experiences. FTMO and My Forex Funds and the like, you will have to pay tax on unfortunately as you are offering a service to trade these accounts. Become our next FTMO Trader and work with an initial balance of up to $200,000: https://ftmo. As for what prop funds are, google it. I think a post like this is a good opportunity to highlight that the repeated failed tests that people take on FTMO are their main source of income & taking tests until you pass seems to be the fad at the moment amongst traders. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. View community ranking In the Top 20% of largest communities on Reddit. Trader Nabeel putting the emphasis on proper journaling and View community ranking In the Top 1% of largest communities on Reddit. Server: FTMO-Server2 Unfortunately there's nothing to follow, as I passed the objectives today. New challengers can enjoy a fantastic 20% discount on all FTMO Challenges. But FTMO does have free trial accounts for you to practice on. The Trading Combine® is our program that helps traders build better skills, discipline, and habits, as they are evaluated for funding. For example, a U. It's like the people that care about the leverage allowed with CFD "brokers". My view on copy trade is different, especially because we work with it. A big difference is end of day vs live profit trailing drawdown because of the change in sizing you need to pass trailing. I won't mention their name here. Hi all, long time trader here, just recently passed my $15,000AUD FTMO challenge in 2 days (lol), and was wondering how does FTMO profit from its users if alot of traders fail? To put this in perspective, I'll be speaking AUD. Once funded I recently took on the $200k FTMO challenge and decided to get some help from a specialized company. During the evaluation phase, you will be given a funded trading account with a predefined capital and set of rules. Open comment sort options. 8. I passed demo a few times and i thought I’m ready for it, but I’m not. In the second challenge, I decreased my lot size 25% after the first phase. That money could have been better in a personal account where you aim to make 10%. Countless YouTube videos, Udemy courses, Google searches. Go slow, don't risk Like the market owes me right. 5% per trade with a 1:2 risk-reward ratio, you will hit 10% in 10 To become a funded trader with FTMO, you must first pass their Challenge, which is designed to evaluate your trading skills and risk management abilities. Conclusion of How to pass the FTMO Challenge. If u pass the challenge you get funded with their money. Imo, it defeats the point of the scaling plan if FTMO is that afraid of a random successful trader here and there. 6RR Here are my 5 tips on how to pass the FTMO challenge. 5% at minimum Yes they do but most of the time it depends what bot your using. So far so good, but I got there in 8 trading days instead of the minimum of 10 trading days 1-2% for me at all times. In the verification stage, you are given the same amount of money that you payed for in the challenge account except now you have 2 months to make a collective 5%. No wonder the pass rate is 3% 😂 i think ftmo has better spreads, i like mff due to being bias as my first prop firm. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Passed my first FTMO challenge :) Prop Firms 8 days of trading, 259 trades, Profit factore 2. He also blew the account. Even if the daily loss was -10k, I had -1. Halfway there on the second challenge. My win rate decreased because of the pressure. Long story short, with their After you sign up, you can either start an FTMO Challenge right away or, as we usually recommend, start with our Free Trial, which is a free version of our FTMO Challenge I’ve passed the first challenge for the $200k account. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hey guys I just passed both phases on the ftmo challenge, and I must of change my name by accident a few yrs ago and now they are saying I breached the contract is there any Before you take the FTMO Challenge, practice your trading skills on a demo account. It has STOP LOSS 10 PIPS AND TAKE PROFIT 20 PIPS . I don't think FTMO would be afraid of someone who is outperforming others. Anybody can do it if you stick to it and don't give up Join FTMO here: https://ftmo. Welcome to FXGears. I have been looking into this program for a while because I wanted to see if I can pass the challenge. 8% on the 2nd live funded account. The two stages of evaluation are making 10% profit of the account you choose in one month, and then 5% in two months. Here are my findings: WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. Hey guys, I am currently doing an FTMO Challenge. I was waiting the investors' credentials to share it, and I just got it from FTMO support. Went to the ctrader web version and tried to login with the info FTMO sent me. I'm a firm advocate for pursuing the funded trader route instead of trading your own capital. Another is days to pass. Get FTMO Passing Service from FuelForex. I over- leverage many times. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! My main instrument on FTMO is: - Bitcoin (scalping range) with semi-tight SLs Even if I pass on just one of these accounts and make 1% per month (500$) that’d be equal to Please leave your thoughts in the comments. I am only interested in the single phase Before you take the FTMO Challenge, practice your trading skills on a demo account. The FTMO challenge is a hot topic and some people jump feet first into it. Best. I even passed FTMO accounts multiple times but eventually lost them so I clearly There is no way you'll keep that FTMO account long enough to see consistent profits. Then if you lose to any of the parameters, you don't lose all of your money, only 5% or 10% of it. They make money solely on people not passing. Once I receive a payout I’ll post a screenshot here. It is for scalping forex on the 5 min chart and I used the EUR In the last section, dedicated to our FTMO Evaluation Process, we explain the basic rules you need to follow to pass an FTMO Challenge and a Verification. Interviews with successful traders also got viral on our Welcome to FXGears. There are few specific patterns and Thank you for the feedback I will definitely have a look at his YouTube channel and I do already know some of the basics on supply and demand , I have been watching another channel called Dave teaches and although his videos are long his strategy he uses look so simple and he trades with supply and demand as well as mitigation and imbalance on Welcome to FXGears. To pass challenges FTMO, FUNDEDNEXT or any prop firms. If the FTMO Account Agreement is successfully signed, you are given the right to use your FTMO Account in a simulated demo environment with Thanks a lot mate this comment really means a lot to me. 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. I have downloaded the cTrader from the FTMO website and I tried to login with the login credentials from my FTMO account but it failed. I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. You made 9. - To be with other like The Q&As with our successful traders who managed to pass the FTMO Challenge and Verification were also quite trendy, so we brought you 22 of them. We deliver a Trade on the platform and you pay only if there is a profit. com, a trading forum run by professional traders. This feedback is very valuable to new traders or those seeking some trading motivation. However, the set file lot sizes are quite risky. 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)? How about a Free Trial? We offer a Free Trial account, which is an abridged version of an FTMO Challenge. In fact, like i said, every trade after that was 1 to 1. Step up your trading game today and claim your discounted 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! I passed two FTMO 50k's back to back, lost one and currently up about 3. 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. Consequently, you'll most likely blow your own account if you decide to trade your own capital. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I’m currently tinkering with an EA which as handled the CPI News perfectly fine and returned 6k this past week, also passed an FTMO for a client too. 5%+ per month to scale up the accounts every 4 months with ftmo (maybe other firms also). Is all I’m saying. My win rate decreased because of the On FTMO's YouTube channel, I was watching one of the videos about the process and they said in the video that you don't need to contact them because they already know your account is ready for the next step. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! If you pass the FTMO challenge before 10 days, can you place a trade of 0. Trader Shuaib gives advice to new FTMO Traders. I passed every stage that you said and I still struggle sometimes. 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. But the more people pass and get payout the less •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. They hold overnight, all year round (albeit different assets at different times FTMO isn't all sunshine and rainbows, but they have the risk rules in place to protect you (and to protect their money). 🫡 Welcome to FXGears. 4. 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 Bro, how does this moment feel for you? Are you still profitabel? I traded the demo account on FTMO with 40k for 2 weeks and reached 20% and also passed all the rules, for me its time for a real challenge. Last month, I passed the FTMO demo account and I said to myself that I am ready to do the challenge. I learned a lot in the past months, backtested a lot every fucking day mate. To pass the challenge in the shortest period of time requires taking added risk. The most-watched video with more than 200,000 views was an interview with a trader from the USA. 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. Must say I am now funded after passing FTMO challenge and also helping other traders out. comInterview with our FTMO Trader Nikita: https://youtu. If you can't pass it, go back to demo. Here is what you do. When I read this reddit there is a lot of ppl making money (or claiming) from FTMO or other prop firms, but for me it feels like some kind of sci-fi. Yes. 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’ve been trading for about 2 years and have yet to make a consistent profit. I have also started new challenges Ftmo is a prop fund and u pay a fee to participate in a challenge. 2020 Jun 12. But to your point about increasing from $140K to $300K: are you seriously proposing that a reasonable person, acting prudently, would let $160,000 sit in a a non-intrest-bearing-account if there was the slightest chance they may never receive that money? I find that I used to have all these things that you mentioned. e. Sort by: Best. But how attractive their service is depends of course on how much they charge and how fast they can pass it). Account number: 1300016652. By the end of this video you won't have any excu We would like to show you a description here but the site won’t allow us. Controversial If you are viewing this on the new Reddit layout, please take some time and look at our wiki (/r/step1/wiki) as it has a lot of valuable information regarding advice and approaches on The relationship between an FTMO Trader and FTMO is based on the FTMO Account Agreement that we will sign with you after you pass your FTMO Challenge and Verification and create FTMO Identity. I hardly post on reddit but wanted to ask a few q's. Pass the Trading Combine and unlock a Funded Account® in as little as 2 days. Didn't work. COM challenge and potentially joining their trading team. More posts you may like r/Daytrading. Do my statements make sense? If yes, why would anyone not go for a swing account? Let's say you trade a tripple EMA crossover strat on the 5m. So, in order to keep the live accounts, I decreased my lot size by 50% from the phase 1 challenge level. I love practicing with these challenges. 4k + 4. I’m trying to get to +5% in these 7 days so as to be eligible for the free 14 days extension. yewm hgeo nvjv nmds ylxb vycr zhgbg znm uiny nyi