Ftmo academy review reddit. Utilize the Golf Clash Discord for questions and chatter.

Ftmo academy review reddit These days, the most efficient and convenient way to learn is online, and I have spent countless hours becoming a specialist in recording quality online trading courses, that give traders everything they need to start trading professionally. It sounds simple but please don’t underestimate it. FTMO is a reputable choice for experienced traders looking to trade with a prop firm. 2m. People bitch about higher cost and FTMO being 'plain jane' without all the bells and whistles, but that's what makes them great. Utilize the Golf Clash Discord for questions and chatter. You can't open or close a position on certain pairs 2 minutes before or after a news release comes out that effects those pairs. You don't get his logic, because you apply the same rules to a private account. Here are my findings: WHAT I like about FTMO? If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. Apr 10, 2022 · FTMO is legit and has been around for a while. Educational content as well, psychology webinars and so on. Took me several challenges to pass but all worth it. -ftmo's business model is based on the failed challenge fees. The website, dashboards etc are waaaaay above other forex prop firms, looking actually pro. This Evaluation Process consists of an FTMO Challenge and a Verification and is specifically tailored to discover trading talents. Guys i see to much bad news on borkers cfd like FTMO, MFF… and others. which is strange because why would a successful trader waste time making ridiculous videos about FX. A well-structured trading plan answers the “what, when, how” of your trading activities. The Academy is designed to try equipping traders with the necessary knowledge and skills to navigate the volatile world of foreign exchange trading. This allows traders to gain experience without risking real money. Upon successful completion of the Evaluation Process, you are offered to trade on a demo FTMO Account with a balance of up to 200,000 USD. Their challenges are a bit tougher than My Forex Funds where I'm currently funded. 1600$ 5. com Feb 8, 2024 · FTMO is one of the fastest growing proprietary trading firms with funded trading accounts. You can choose from three account types — Standard, Aggressive, and Swing — each with specific parameters to suit various risk preferences. I've been really impressed with FTMO's… FTMO academy helped me to build confidence on my trading with proper risk management. Dec 18, 2024 · FTMO is a top prop trading firm, scoring 83/100 and ranking sixth overall in our assessment of the best prop trading firms. which is more than enough to pay out the traders that do make money (90%+ loose) Welcome to FXGears. Reviews and what people say about them in the social media look good. On my 25k FTMO Challenge it says the max daily loss is exceeded today but it never actually did, i never did at any point go into drawdown above $1,250, i had stop losses set for every trade and today i only lost $698. The subreddit has not kicked you out or gone private. FTMO companies do not act as a broker and do not accept any deposits. What do Alpha Capital Group's clients not like? The business has a good name, but it's still not as good as FTMO. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. I'm a little biased though because I also trade bitcoin in addition to forex and the MFF's crypto spreads are horrendously garbage imo. Regarding account management, MyForexFunds put out some interesting statistics about their traders a couple of months ago. 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. The offered technical solution for the FTMO platforms and data feed is powered by liquidity providers. With FTMO you can practice all acquired knowledge in a risk-free environment in real market conditions with our Free Trial. I have just bought an FTMO challenge and I got my FTMO challenge login credentials from the clients panel. You only need to pass 8% in the first round and 5% in the 2nd to get funded and drawdown is 12%. Our FTMO Challenge is the first step of our Evaluation Process. ftmo. And even extra 10% more for those qualifying under the scaling plan. so let me clear things up: your trades never get placed in a real market. Tradeable assets include Forex, cryptos, commodities, Sep 27, 2024 · FTMO provides a robust educational platform through its FTMO Academy, designed to equip traders with the essential knowledge needed to succeed in the financial markets. Our FTMO e-shop has been completely renewed and restocked. On my FTMO account under credentials with the login ID and password it also says platform DXtrade. 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. If you pass it, you get funded. 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. Sorry OP but that's a dumb question. cash on all accounts After having natural gas on Free Trial accounts for a few weeks, we are excited to announce full listing of the NATGAS. Things you need to consider Why Do You […] FTMO developed a unique 2-step Evaluation Process for traders. The real question is do YOU have a consistent and profitable method? That is the real question. 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 $1387 90/10 split not available at the start first payout is some time after passing (not on demand) along with only 100% refundable challenge fee Nov 17, 2024 · If you use algorithmic trading tools on cTrader, please make sure you review your settings and confirm the correct functionality before running it unsupervised. I’ve been looking at other prop firms like FTMO, the5%ers, and true Forex funds. that means 100K x 30 = 3m to trade with. Can't go wrong with FTMO. I know it's new and I normally use mt4 in conjunction with the… I've done challenges on both and I personally prefer FTMO. 78 votes, 41 comments. I have gotten funded three times with FTMO before but this is the longest it took for me to pass the challenge this time… Funding Pips offers a user-friendly and accessible entry process for novice traders, while FTMO has a more stringent review procedure and profit targets. | Read 21-40 Reviews out of 42 Do you agree with tradespideracademy. Jan 27, 2024 · FTMO Academy is an educational segment associated with FTMO, a company known for offering proprietary trading solutions to up-and-coming forex traders. I've done challenges on both and I personally prefer FTMO. FTMO does have some downsides though the biggest being the news restrictions. 400$ 3. cash symbol to all FTMO When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. Funded traders receive up to 90% of profits. 80 after all the trades hit my stop losses. While the evaluation process is challenging, the potential rewards and tools make it worthwhile for those with solid trading strategies and risk management skills. Reddit has made some changes in their billing for API calls that effect ALL of 3rd party developers that have alternate apps. The Academy offers resources that cover the basics of trading, including insights into various instruments like forex, stocks, and commodities. Nov 26, 2024 · My name is Petko Aleksandrov, the CEO and Head Mentor & Trader at EA Trading Academy. In a challenge at the moment with them i took 2 days ago. You have full access to the new collection of our FTMO trading merch! T-shirts for everyday hangouts, hoodies for colder evenings & much more now available at shop. com Accompany your trading lifestyle with appropriate apparel! Shop The r/GolfClash subreddit is dark from June 12th-14th in support of the Reddit Blackout Protest. I started the Academy in 2016. Do your research but so far, my experience with MFF has been great. It includes your trading goals, strategies, risk management, and evaluation methods. The rules are better than FTMO. I've been really impressed with FTMO's… Sep 26, 2024 · The FTMO Academy is another highlight, offering comprehensive educational resources to help traders improve their knowledge and skills, making FTMO a well-rounded platform for traders of all Feb 8, 2024 · FTMO is one of the fastest growing proprietary trading firms with funded trading accounts. There seem to be quite a few users leaving negative reviews. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. com's TrustScore? Voice your opinion today and hear what 48 customers have already said. What is a Trading Plan? A trading plan is a comprehensive framework that guides all trading activities, ensuring consistent and disciplined trading practices. . so pretty much same amount. Nov 2, 2023 · One major difference between FTMO and My Forex Funds is the size of the funded account. Listing of NATGAS. Even on Gold I notice there spreads can get a little high. Folks just need to spend more time studying and WAIT UNTIL THEY ARE REALLY READY instead of chasing funded accounts too soon. Trading is hard. Date of experience : March 13, 2023 Jan 27, 2024 · FTMO Academy is an educational segment associated with FTMO, a company known for offering proprietary trading solutions to up-and-coming forex traders. You will never have worry about a "MyForexFunds" moment w/ FTMO. FTMO is legit, and I assume they have a lot of very successful traders. Hi, this is a personal FTMO Review. 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. So lets do simple maths. Tradeable assets include Forex, cryptos, commodities, Apr 20, 2022 · Check out what 48 people have written so far, and share your own experience. You can lose 10% on FTMO with 10% target, so you have to double your account. No "gotcha" moments or stupid fine print rules. No issues. A FTMO Academy guia-o(a) desde os conceitos básicos de trading até às estratégias avançadas, equipando-o(a) com as competências necessárias para se destacar no mundo do trading. The leverage is only 1:30 instead of the usual 1:100 however it is easily compensated by trippling your lot size. 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. If they pass, you pay. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. 800$ 4. 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. instead if you buy Personal account with 500 leverage in that same amount then you get $4500 x 500 = 2. 3200$ Posted by u/tbigballer - 18 votes and 49 comments Always payout, every time. Welcome to FXGears. This larger capital base provided by FTMO can potentially allow traders to take on larger positions and potentially generate higher profits. Tradeable assets include Forex, cryptos, commodities, Mar 19, 2022 · I just completed my 4th payout with FTMO today and never failed their challenges. FTMO is a reputable choice for experienced traders looking to trade with a prop firm. Please leave your thoughts in the comments. FTMO basically, made a two-step process to check out your trading performance. The max daily loss is the thing you need to watch out for. You have to be profitable to be able to make money on their Mar 19, 2022 · I just completed my 4th payout with FTMO today and never failed their challenges. Their strategy is really worth for money. I like to swing trade in the 4 hour time frame so I’d prefer to find one that isn’t too strict about holding over the weekend or trading during news. Seems the only ones making money are the prop firms from the monthly fees they charge all the guys coming from social media with the promise of easy money and the guys making the actual YouTube videos about how easy it is to trade the markets. Dec 30, 2023 · 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. Spreads are ok but i trade small lots so. Commissions/spreads are low and competitive. Competition in the space makes everyone better off! Now is the time to take advantage guys ftmo profit split update 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. Step 1 – FTMO Challenge. IMO, MFF only beats FTMO with better evaluation requirements. Our FTMO Academy offers valuable insights and guidelines that help new traders avoid common pitfalls and mistakes. correct me if I am wrong You get 100K account for $4500 with leverage of 1:30. in short it seems like they cheat by making you lose the money you invested to do some challenges to get an account with them (propfirm). If they fail, you are still out FTMO's challenge fee. It looks like a good option to the well-known FTMO. seems like you guys have not understood how ftmo works. As the title reads, I'm trying to get any feedback from anyone who's used it yet. com, a trading forum run by professional traders. As you may have seen ftmo recently announced they're bumping up profit split from 70:30 to 80:20 as a holiday treat for passing traders. If you can make 10% on FTMO for 5 months, on your private account you will have: Month 0: 100$ 1: 200$ 2. MyForexFunds is a prop firm out of Canada with similar challenge parameters as FTMO. Está ansioso(a) por começar a aprender os princípios do trading, mas não tem a experiência necessária? Veio ao sítio certo. Date of experience: December 12, 2024. One big difference is that ACG has a lower 8% Phase 1 goal for its prop business challenges, which makes it easier for traders to pass. 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. FTMO Prop Firm Review Comment Your Review Below FTMO Link The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. FTMO offers greater flexibility in trading methods, including swing-based and longer-term strategies, and encourages a patient and risk-averse approach. FTMO offers traders the opportunity to trade with up to $100,000, while My Forex Funds offers up to $50,000. So it's been a while that I know FTMO, signed up with them at the end of 2019 not long after it launched, but failed the tests (2 100k acc tests), I then switched to trading cryptos (on personal accounts) and been quite profitable with that, and more importantly learned to trade better! Ftmo ticks all boxes, if you check reviews etc they are mainly all good ones, Plenty of people use ftmo not sure on your progress with forex but take the free trials before spending out on a challenge to be begin with and get used to there set objectives and rules So to them, it is a completely risk free business. Do my statements make sense? If yes, why would anyone not go for a swing account? Welcome to FXGears. Sep 26, 2024 · The FTMO Academy is another highlight, offering comprehensive educational resources to help traders improve their knowledge and skills, making FTMO a well-rounded platform for traders of all See full list on modestmoney. smgxcbo umflk dwzsd khhtt czldh awgdv itxcnetj kqlva zmqx fcgsqfaq