Best ftmo payouts reddit My guess why it is so low: reaching payout means having to pass three quite high tests in a row, obviously somewhere along that line almost everyone stumbles. M1 lets you earn, invest, spend, and borrow all on one financial platform. Assuming no blowout, in an year one would have generated $9600 or roughly the same capital FTMO is providing to you. FTMO definitely isn’t a scam. This is basically impossible in ftmo due to their spread. I get to pocket the last 40%. Maybe for whatever reason, the payout has processed but isn't fully complete on FTMOs side for whatever internal reason. A lot of the profitable people at FTMO have dropped off lately/lost their accounts. Jul 6, 2024 · The FTMO payout process is a crucial factor for traders evaluating the platform’s reliability. If you earned the same percentage on Hyper account you will get a total approximate payout of $97,200. Anyone who says all prop firms are a scam just can’t manage risk for nothing, I’ve passed more prop firm challenges than I can count and have received a hefty amount of payouts from several different firms. I never hear about big payouts. 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. FTMO's 70/30. So I decided to try out FTMO. This means that they can generate 10% per month on base capital = $800 payout after FTMO keeps 20%. The company offers funded accounts to traders who meet specific criteria, providing them with an opportunity to trade with significant capital. After your first payout with FTMO you basically are playing with house money. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. I wish you all the best for your trading career and health. Once you have 10k of your, you can trade using your own capital and keep 100%. The website, dashboards etc are waaaaay above other forex prop firms, looking actually pro. Thanks for everyones help in finding a good prop firm. But, on High Stakes you only get $57,542 total payout. FTMO the ticks are weird so I tend to get less out of my trades from them. In this case. Their customer support is also top notch, I never had an unanswered email or an unhelpful live chat support staff. It took me 2 days to pass the first stage, 4 days to pass the second stage. 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 got slipped 4. I know ftmo has a payout date for profits. Payouts always come and yes the delay is a thing. E it comes out of your payout if you are profitable or they lose less when you lose because your P/L Is overall worse due to commission. The main reason is rules and laws. I'm sure there are plenty of traders that earn them. 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 Btw I bought funding pips challenge instead, their trading conditions are really good, it's simulated funds tho, unlike 5%ers. Provided there is some profit on the FTMO Account from the simulated trading, the Reward Day can be changed up to 3 times for each withdrawal Nov 22, 2024 · FTMO Reviews on Reddit. Want to know how many dollars we pay out each month and what are the biggest payouts are in each region? From the beginning, FTMO's goal has been to help skilful traders solve the problem of undercapitalization. And they don't have tat minimum 3 Profitable days to get payout rule, which is in 5%ers and sucks. so does anyone know if trading forex with their capital is legal for an Indian citizen and we're not violating any fema or rbi rules . They're handling my account now and take another 40%. 4 Favorable Payout Ratios: Initially, you get an 80/20 payout ratio, with an easy transition to a more beneficial 90/10 ratio. 9 pips away, also had the same trade on FTMO that did not get stopped and went on to take profit. I’ve passed the first challenge for the $200k account. Best regards :) 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. FTMO only lets you trade CFDs, which is illegal in the U. No stop loss requirement. Take Profit Trader could argue that they have the best payout policy, but they also have the worst rule in their funded (Pro) account… your max drawdown trails UNREALIZED PROFITS! Such a scam. 0. They have so many rules on their payouts. In a challenge at the moment with them i took 2 days ago. Smh. 9 pip spread on Tokyo session is unacceptable, I get 0. This isn’t a problem in higher time frames, however the way I make money is scalping a few minutes. Users appreciate FTMO’s clear rules and reliable payouts. Looked into topstep and for me what I'm paying for is the challenge itself, and I'm happy to pay it. 5%-1% is better for long run, Actually I was doing well in the two phases but in the FTMO account I wasn’t myself when I look to my entries back then i says WTF why did i took that trade whats the reason for the entry, I was just want to make money fast, Greed blinded my insight now, I believe revenge/over Trading has a huge psychological 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 I’m still questioning if ftmo would do a full payout on such high profit. 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. does anyone have knowledge about it As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Traders have shared their decent experiences with the prop trading firm. So lets say their profit split is 30% of the 100% the commission increases the 30% and if you trade a lot of large lots you can actually lose money and they make money/break even on the account if they hedge 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 Reward from an FTMO Account is processed on a monthly basis by default, with the option to place a withdrawal on-demand after a period of 14 calendar days from the first placed trade on the account. But they operate differently from FTMO ones in the sense that they simply give 25x leverage on the capital put with them and 90% payout Reply reply More replies Concrossivie A place to discuss forex strategy, ideas, analysis, and concepts. Once I got funded live, took me about a week to hit $20k profit on the $200k account. Anyone that has used it can you tell me how the payouts were and if you had any difficulties with them in any way. I am so hyped and a post like this motivates me a lot. I have traded at FTMO Trial failed one but passed twice. On the other hand Yes but I prefer MFF. At a certain point it just feels like a game. As long as you keep the challenge fee money aside, you can retake it again if you happen to lose it. My opinion would be go for it, but be disciplined and use it to fund your personal account to a good size account (10k, 25k, 100k, whatever you're comfortable with). I invoiced FTMO and got my money deposited into my bank account about 16 hours later. Very beautiful effort by you. I know some people who can easily make 50-70% return each month. First 25,000$ of profits completely mine. 3 Simplified Cashouts: The process for withdrawing funds is straightforward and hassle-free. S. Restrictions also apply to FTMO or MyForexFunds FTMO has step 1 10% step 2 5% with 10 trading days minimum MFF has step 1 8% and step 2 5% 5 trading days minimum Both gets you a free reset if all rules are respected and you are break even or in profits. No profit target for payout; start on Monday get paid on Friday. I. I say that because they have great customer service, cheaper prices than FTMO, great community and the owner engages with the the traders and does give a ways and discounts very often. So High The best prop firm besides FTMO AID The Funded Trader In my option. I also was funded once but I haven't traded since last year. Meanwhile, several traders have emphasized the importance of risk management and patience when trading with FTMO. . First payout is this week, which unfortunately will all go towards paying my taxes and bills for other shit lol. Learn from one of our youngest traders and uncover the secrets behind achieving 15 consecutive payouts. Following these steps ensures a smooth payout process. Ftmo looks to be the best fit for me. So it all depends, I think getting funded is a good idea if YOUR STYLE suits the rules. This is already a generous profit-sharing model compared to many other trading platforms. My next prop firm would be FTMO or funded engineer. One thing these firms should change is the changing the payouts to daily. what are FTMO’s payout restrictions? FTMO’s payout process has several key restrictions: Geographic Restrictions: FTMO does not offer services to individuals or companies in Iran, Syria, Myanmar, North Korea, the U. The funded Trader is the best firm you can join, better than FTMO or any other ones, they allow you larger drawdowns, play with larger accounts and their prices are much more competitive while having up to 90/10 split and various promotions that allow you to start off with 85/15 split right of the bat. I still think FTMO is a great short term idea. $187,200 through bootcamp. I received the "Payout Processed" email 42 hours ago. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. 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. , or specific regions of Ukraine. we're just providing our services to some foreign company and they're paying us. Welcome to /r/Netherlands! Only English should be used for posts and comments. So I did the analysis of the best challenge to do for max profits over time. I don't know which prop firm this is, but FTMO has the highest entry barrier as far as I know (10% profit in a month). I passed my $200k FTMO challenge a while back and am close to payout. I’d like to know what you guys think of it. But the normal payout is 70%. Then the new month you start with your initial balance which is 300k. This achivment is about all the struggle you passed before to get that payout 5 days ago · Payout Frequency: FTMO typically offers monthly payouts, which means traders can withdraw their profits once a month. I had 4 consecutive payouts before blowing my account. Similar trade on FTMO did not slip, another trade I got stopped out when the price was 0. Finally, their payouts are extremely fast, I was expecting the usual 2-4 business days wait, but received mine within 24 hours. With my prop firm it’s 7 trading days to pass the test, and only 10 trading days to get the first payout, and you can get 2k worth of payout twice per week (50k acc, 4K per month for first 3 months) until it becomes no max limit on the 4th month. Yes people lose their account mostly by not putting any stop loss in place. FTMO payout proof Prop Firms Units, Warrants and the best DD on Reddit. But you do get a payout. even if it's just a simulation. Savings are hard to come by because FTMO doesn't give them out very often. I also only think you can fail the challenge once and lose your initial investment. 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. Thanks for reading this FTMO review. Reviews and what people say about them in the social media look good. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. Ftmo has some insane spreads, even at peak times. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. If I do my analysis outside of their platform i can earn more but i dont have time to try to make it work that way so i only trade there every now and then. FTMO is my favourite because they have the best spreads execution and track record of being a legit prop firm company. And sorry for my bad english skills. 2 Frequent Payouts Payouts occur on the 5th trading day, equating to about four times a month. Wish you all the best for 2024 bro, happy new year ( i know, its a little bit early for that, but maybe i forget it later haha). If you earned a total of 60% you will get a payout total of approx. Or maybe you have a success story you’d like to share. 😕 Customers from the US are no longer welcome. 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. Weekly payouts. Explore the trading approaches of our most successful individuals, including a trader who has earned over half a million USD on his FTMO Accounts. Members Online. No need for FTMO. A $100k or $200k (demo) account is already sizable, I don’t see a need to pad the account beyond maybe 10%, just as a buffer against the max loss (not max daily which is always there regardless of account size). Can anyone confirm that either they or someone they know directly actually received a large payout? Same here. Apex is a good prop firm imo and easy to pass and payouts are very simple. This is where things get interesting. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. Jul 31, 2024 · Every month, FTMO initiates over 16 million trades, and with an average payout process time of just 8 hours, $130 million has been paid out to successful traders. 22 votes, 24 comments. FTMO take their little slice right off the top from payouts. SurgeTrader Profit Share: Profit Share: SurgeTrader offers a maximum of 80% profit share , which is slightly lower than FTMO’s offering but still quite competitive. Using excuses like "your trading style is too risky" even though they haven't violated a single rule. 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. SPACs 101: How do I Find deSPAC Redemption Levels?? Yeah. 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 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? Thank you 4 days 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. After passing both phases of the account challenge what are the requirements to actually receive your first payout and how long does it take to receive? I’m aware some of the other firms have a required amount of trading days as well as a 30 day minimum before you can actually be eligible for a withdrawal, what’s FTMO’s stand point on this. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. 5k Apr 28, 2024 · Default Payout Ratio: By default, FTMO offers a payout ratio of 80:20, where traders receive 80% of the profits they generate. These parameters work better for me though the5%ers has some compelling features depending on trading style! prop firms like ftmo,mff allow traders to trade with them globally. The FTMO Reddit reviews are also generally positive. Essentially once you pass their exam, you go through their identity verification process and sign the contract and they provide you with the login credentials to the account that's linked to their live account within 1-3 business days. Halfway there on the second challenge. I just worry that if the payout is too big, that's when firms get sketchy and make claims of broken rules or something to avoid paying. Articles, links, etc are all welcome. FTMO pays back the fee for the challenge Seems the best strategy is to take profits when you can in order to not see those profits turned into demo money. On-Demand Payouts: FTMO Traders can request payouts on demand, and these can be processed after just 14 days. Once I receive a payout I’ll post a screenshot here. I learned a lot in the past months, backtested a lot every fucking day mate. 1%-3% max but I think 0. For Christmas I think they’re doing 90% payouts. 2 on FTMO. 23 votes, 99 comments. How high in % was your first payout and how does it fell? :D Mate, last but not least. This quick access FTMO themselves have refused such payouts. No lot size limit. true. Yes they do. Any help is greatly appreciated! Apex probably takes the cake for payout difficulty. So they naturally stopped paying because, well, I blew my account. Then, there's the other service I used to pass the challenge. FTMO shares profits from profitable traders ranging from 80% to 90%. Maybe I just need to be patient and wait another day. Looking into MFF and E8 now too! Reply reply 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. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. 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. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. 3 pips on USDJPY, no rollover no news, London session. The ACH transfer already went through and has cleared my bank. Searching for it online is a waste of time. M1 is made for those looking to build their wealth using powerful automation and topflight rates. stgqgjp yjlyx yzyzlk parfnd cbrjx sazgyt cmpdg qjbpmz rrfglkg gxi