Ftmo payouts reddit
Ftmo payouts reddit. You can also pay an additional percentage on top of it to be able to get a larger leverage pool and do not have to have preset stop losses so you can have an open trade and then manually adjust it. On my funded accounts, I'll have to have 10 trading days with actual trades between each payout. You need to demonstrate your experience by sticking to Maximum Loss Rules while making the necessary simulated profits of 10% of initial balance. If you have 100k of course they will find a way to delay or even not to pay you. I also only think you can fail the challenge once and lose your initial investment. I still think FTMO is a great short term idea. FTMO is legit, and I assume they have a lot of very successful traders. So High I’m currently using my forex funds now. I am planning to get the $100K challenge but I kinda want to hear any recent good and bad feedback from actual passers. Then some of these firms, including FTMO, will literally blackmail them (seriously I'm not joking) and imply that if you don't say anything online we may let you keep your accounts or give you a Welcome to /r/Netherlands! Only English should be used for posts and comments. I invoiced FTMO and got my money deposited into my bank account about 16 hours later. The trading period is the same for both risk setups, and the same fee refund applies here with the first payout from your FTMO Account. Even fewer percentage (0. Once I receive a payout I’ll post a screenshot here. Then some of these firms, including FTMO, will literally blackmail them (seriously I'm not joking) and imply that if you don't say anything online we may let you keep your accounts or give you a Good afternoon Traders! I have successfully passed my $100K FTMO challenge. But i found a similar popular prop firm "Topstep" that display on their website that 5487 traders has been funded so far for the year 2020 and a total payout of 2,026,505 (updated December). Any help is greatly appreciated! Always remember that these guys the run prop firms are always competing against other prop firms , in forex eventually after using statistics and time … 95% of traders will lose (the house always wins) only the 5% make it with good coin. The5ers encourage consistency, that’s why they give 6 months-1 year for the trial period, and no time limit once you are funded. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). It seems like FTMO and MFF treat their businesses like a casino while the 5%ers looks like they want long term traders. But I’m still questioning if ftmo would do a full payout on such high profit. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. I’ve failed it and failed to keep up with the requirements which got it closed. I just wanted to know if FTMO is still worth it. FTMO themselves have refused such payouts. - To be with other like-minded forex traders. If you earned a total of 60% you will get a payout total of approx. Let's say I make 1. I’ve passed the first challenge for the $200k account. e. Try to have less payouts and few good prop firm accounts . Articles, links, etc are all welcome. In essence, less than 1 in 100 people who take a paid challenge survive until the first payout and challenge refund. I noticed that their payouts for the higher tiers is 100%. Monthly payouts have moved from an average of 305 in 2020 to 1,713 payouts in one month in 2023 (we then sent 2,753 payouts to our clients in January 2024 alone). FTMO take their little slice right off the top from payouts. $187,200 through bootcamp. They'll take a payout and some of it is put into a "jar" that goes towards high-leveraged programs. so let me clear things up: your trades never get placed in a real market. Paid my CC off and took FTMO's $100,000. This achivment is about all the struggle you passed before to get that payout I received the "Payout Processed" email 42 hours ago. He estado aprendiendo y mejorando mi plan de trading, mi psicología de trading y perfeccionando mis riesgos-recompensas durante un año. Then, there's the other service I used to pass the challenge. For Christmas I think they’re doing 90% payouts. Assuming no blowout, in an year one would have generated $9600 or roughly the same capital FTMO is providing to you. Finally, their payouts are extremely fast, I was expecting the usual 2-4 business days wait, but received mine within 24 hours. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. Their scaling plan of 10%/4 months is more realistic. If you earned the same percentage on Hyper account you will get a total approximate payout of $97,200. Just passed the evaluation challenge 1 and gonna start challenge 2 next year. Yeah. FTMO definitely isn’t a scam. 9%) of those survive until the first payout/refund of challenge fee. It is a truly incredible number and congratulations to all the traders! We have managed to reach merchants from more than 180 countries worldwide, and we regularly send payouts also to countries where, for example, $1,000 represents a truly significant amount of Same here. My friend had a payout from Ftmo for 20k they did pay him out. I passed my $200k FTMO challenge a while back and am close to payout. -Share FUNNY Trading Yes FTMO does payout here’s a payout from a good friend of mine who is max allocated with FTMO. I am so hyped and a post like this motivates me a lot. Highly recommend FTMO for anyone looking to trade with confidence! Date of experience: September 11, 2024 Now over 3 years later, I see that FTMO still exists and now they allow crypto alts trading (xrpusd etc) which is nice! I wanna hear from anyone that has been trading on a live account for a few months, how has your experience been, payouts, etc. com, a trading forum run by professional traders. 5k 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. Man i had the same payout last monday! my first one ever with Apex too! I know when you say "happy is an understatement" because this achivment is not about money, no no, it is not. 10%/month like FTMO is not realistic imo. Pass ANY Prop Firm Challenges: FTMO, E8, TFF, etc / Funded Account Management, I offer these services! Single Challenge Pass OR Contract Offer. Made 19k in my first month from a 1k starting account trading ES on ninjatrader. I’d like to know what you guys think of it. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. Hi guys. -ftmo's business model is based on the failed challenge fees. 5% monthly, if I was trading a personal 50K account, I'd be up $9000 EOY. 5 months per scale up. However when he made 90k they did not pay him out and Ftmo is ignoring his emails and support is not giving any helpful answers . Our FTMO Challenge is the first step of our Evaluation Process. The max daily loss is the thing you need to watch out for. Also live account cant buy you a peace of mind since anybody would rather lose their funded account than blow their live account worth of $3. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly as, in the future, we can use your simulated trades performed via the FTMO Account when trading on our own account on real financial markets. Also, the amounts we pay out to our traders are very interesting. Their support team is responsive, and the entire process is smooth and efficient. You can usually do that on the evaluation accounts, but not funded accounts. Halfway there on the second challenge. From MFF side, it was fast. Good afternoon Traders! I have successfully passed my $100K FTMO challenge. •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. Since FTMO is now gone and that’s what I was planning to use, which other prop firm(USA) is legit? I know how they work and I understand the business model but I’m wondering if there’s anybody on here that’s funded 50-100k and has received payouts? Consistency rules, varies from shop to shop, but designed to avoid payouts if you're playing windfall tactics (aka risk everything every day and try to hit 1-2 big trades). But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. In a weird way, when I treat my FTMO accounts and personal account (connected with social trader tools) like demo accounts, I stop caring so much that it messes me up. true. 3 Simplified Cashouts: The process for withdrawing funds is straightforward and hassle-free. (1% of risk per trade with 66% win rate) FTMO rules are far laxed compared to the firm I work for now but l manage a far bigger book and obtain bonuses and payouts. Thanks for everyones help in finding a good prop firm. This is where things get interesting. As you most likely know, there is no Profit Target once your trade on an FTMO Account, however, you can take advantage of our Scaling Plan to increase your balance by meeting certain conditions. So I did the analysis of the best challenge to do for max profits over time. He’s a private guy so I can’t share any of his recent ones but this is one from 2022 r/Forex • Hello guys hope you are doing great I would like to ask you please about FTMO payout A friend of me requested a payout but they told him for some reasons ( i dont know them because he didnt tell me) they split the payout requested on 12 months. I have traded at FTMO Trial failed one but passed twice. 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. In the past year, our FTMO Traders received an outstanding $29,000,000 in payouts. Has anyone ever encountered problems after passing the challenge, like breaking an imaginary rule and whatnot or any payout problems? If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". We don’t charge any commissions for withdrawals. In this case. I get to pocket the last 40%. Payouts should be on-demand -and allowed 1 payout per day (assuming you made a profit that day) as that is what it is with a regular brokerage account with real money--you can send a withdraw request every business day. The FTMO Challenge is the first step of Evaluation Process and educates you to master your trading habits. Just remember less than 10% of people pass their challenges, and if that about 2% actually take any profits whatsoever ¯(ツ)/¯ if you’re rocking through even 10 challenges for one payout that MIGHT get you to break even it is an indication this is probably a waste of your time. The real question is do YOU have a consistent and profitable method? That is the real question. En marzo de 2024 comencé una prueba de antecedentes con FTMO que aún no estaba preparado para tomar ya que no tenía Stop loss, he mejorado todo esta vez y mis operaciones son 1% de riesgo 3% de ganancia una operación por día en EUR/USD y CHF/JYP, soy de if you are good enough to pass these challenges and get a payout you really don't need to use one of these companies. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. 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. I can't find the stats on how many traders have been funded for the year 2020 in FTMO. 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. Anyone that has used it can you tell me how the payouts were and if you had any difficulties with them in any way. Free Challenge: Earn a free FTMO challenge at the same size as your current account. 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 Any Canadians with FTMO that can help? I was expecting a profit split from FTMO via bank wire, but apparently my bank canceled the transaction(per FTMO's email). I think the difference is they are trying to prevent any major drawdowns. which is more than enough to pay out the traders that do make money (90%+ loose) A place to discuss forex strategy, ideas, analysis, and concepts. Using excuses like "your trading style is too risky" even though they haven't violated a single rule. Traders do need to keep in mind that the delay is most likely not with with the prop firm but with the banking system or the crypt network. I got my payout in about 24 hours and it was already in Riseworks by then. I had a fantastic experience with FTMO! I received my second payout within just 48 hours, which was impressive. M1 lets you earn, invest, spend, and borrow all on one financial platform. 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? 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. Maybe for whatever reason, the payout has processed but isn't fully complete on FTMOs side for whatever internal reason. Welcome to FXGears. No need for FTMO. 1% risk and trade-copy to there "dispensable accounts" with 10x multiplier. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. . Or maybe you have a success story you’d like to share. If I was trading a 2M account, I'd be up $360,000. Once you have 10k of your, you can trade using your own capital and keep 100%. See Pinned Post in group or my latest video's description on YouTube. FTMO's 70/30. But you do get a payout. Will update regarding payouts but from what I saw both MFF and FTMO seem reliable with good payouts. The payouts are processed within 1-2 business days upon confirming the invoice. My 1st month I almost hit 30% using only the 5 min chart of apple. I passed, focusing on my risk management, not profit. I know some people who can easily make 50-70% return each month. Maybe I just need to be patient and wait another day. I went to my bank and they told me that they have no information to give since they're not the senders. Ftmo looks to be the best fit for me. 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. This is my 3rd time with FTMO. once you're a full FTMO Trader, you can even go on an entire month without trading at all if unforeseen Their payouts are only 70/30 unless whenever you purchase your audition you pay an extra percentage to get the 90/10 payout. Their customer support is also top notch, I never had an unanswered email or an unhelpful live chat support staff. I also was funded once but I haven't traded since last year. seems like you guys have not understood how ftmo works. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. The ACH transfer already went through and has cleared my bank. 4 Favorable Payout Ratios: Initially, you get an 80/20 payout ratio, with an easy transition to a more beneficial 90/10 ratio. 23 votes, 99 comments. I learned a lot in the past months, backtested a lot every fucking day mate. Payouts always come and yes the delay is a thing. MFF has the option of crypto payout (you can transfer to binance wallet i believe but havent tried it) or local bank via Riseworks. No, not at all. They're handling my account now and take another 40%. One thing these firms should change is the changing the payouts to daily. They'll trade there normal compounded account with 0. But, on High Stakes you only get $57,542 total payout. Yes people lose their account mostly by not putting any stop loss in place. Took a 9k payout thinking I'd just roll on a 10k account and I ended up whipsawing all over the place before bombing a 6k drawdown day and taking a big step back. Trying too hard and studying too hard has diminishing returns and is counterproductive. But the normal payout is 70%. You can receive your profits by a regular bank wire transfer, Skrill or cryptocurrencies. Looked into topstep and for me what I'm paying for is the challenge itself, and I'm happy to pay it. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. 2 Frequent Payouts Payouts occur on the 5th trading day, equating to about four times a month. This means that they can generate 10% per month on base capital = $800 payout after FTMO keeps 20%. Savings: Get a 10% discount on all future FTMO purchases. Took me an average of 1. Step 1 – FTMO Challenge. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. I know ftmo has a payout date for profits. And there are props that deal live money accounts on A-book brokers, with no equity-based drawdow, and no maximum time With Apex, I got my first payout then my second payout then I had two payouts that I asked for at once, they said, I flipped, I never traded a micro, always a mini, then they said, flipping was because I was in the Trade for a couple seconds, I usually look for 20 ticks, which is five points, really does it take more than one or two seconds Trading NQ which we all know is extremely volatile. M1 is made for those looking to build their wealth using powerful automation and topflight rates. Very beautiful effort by you. Then the new month you start with your initial balance which is 300k. I have 2 questions: 1- When have you received your account after passing the challenge? 2- When do I receive the refund for challenge & how do I receive it? Side note: I have tried 7 prop firms since last year. I tried to see how it goes via Riseworks, so I requested the payout there. So far, the most payouts in one day, up to 196, were made at the very beginning of this year, when we paid out $628,317 to traders on Tuesday, January 2. I have provided FTMO: my full name and address, account #, SWIFT code 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. We are making you increasingly happy here, too. vfdbq rveieda hqrw vta bvtyxyye euxhzo uhte ouraa xkelt rnuuwl