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FTMO - For serious traders

  • #401
  • Edited 6:19am Dec 2, 2018 5:27am | Edited 6:19am
I dont know i think the whole ting stinks its too easy just make 5% ore whatever and you have good chance of being funded 5% its not hard at all.....I will admit i havent read it all,but i belive that is just another way of taking money of traders that cant afford too fund their own account with more than 2-500 so instead of brokers taking their few bucks this is another way of doing it......If they truly where after good traders for funding and profit share it would be free and atleast 3- 6 months of trial period and not 30 days nobody can analyze if a trader is consistant after 30 days ore 5% gain ore whatever....Dont suck your theet into this they are just after you fee for entering the trail and probebly wont get funded even if you doubble the account in 30 days......Just my toughts on the subject i am not saying that i am 100% right,but i dont think i am very wrong either....
  • #402
  • Dec 2, 2018 7:38am Dec 2, 2018 7:38am
Because if the firm actually after traders and we actually belive them when they say its for feeling pressure 50 dollars would be more than enough and you would have 10 times as many try out too get funded....Hell i even try myself,but 155 ore someting like that for the lowest challenge i havent been on the homepage too see actually.... and why the hell have 3 different challenges when its for the same outcome too get funded------IT STINKS OF SCAM ALL THE WAY....
  • #403
  • Dec 5, 2018 12:34am Dec 5, 2018 12:34am
Quoting rtkwar
{quote} open real account... trade for 3 months .. be sure you have drawdown less than 10% .. be sure you have 10% profit each month.. be sure you have 50% positive days.. and by the way... i passed their free trails a lot of times but i always ask myself what if i have bad period.. for example that month i just made 8% in my real account with 46% positive days i think.. so what if that period is was my challenge time? .. so you don't need to wait to find out , try their terms in real account and you will find out
Hello rtkwar,
thank you for your comments. Maybe it is because our clients read Trading Objectives carefully and the ones with systems like yours do not participate in the Challenge, because the Trading Objective of 50 % positive days is the easiest rule of all. We receive absolutely no complaints about this rule. We have this rule in place as our investor wants to see consistency in the results of our traders. Maybe we will reconsider it in the future.

Quoting Aar
{quote} I think 50% positive day rule is not applicable for funded ftmo traders, i can't remember where i read, that can be confirmed by otakar. What he mentioned was you have to notify them ahead if you don't want to trade few days, so they can allocate their fund effectively. Anyway OP can clear you regarding that 50% profitable terms in a calendar month. Regards.
Hello Aar,
thank you for your comments. It is as you say, when you become the FTMO Trader, there are just two main Objectives - Max Daily Loss and Max Overall Loss. We also want our FTMO Traders to trade at least 10 trading days in a month, but when a FTMO Trader decides to take a break it is absolutely no problem for us to de-activate the account for some time.
  • #404
  • Dec 5, 2018 12:46am Dec 5, 2018 12:46am
Quoting Macedamia
Because if the firm actually after traders and we actually belive them when they say its for feeling pressure 50 dollars would be more than enough and you would have 10 times as many try out too get funded....Hell i even try myself,but 155 ore someting like that for the lowest challenge i havent been on the homepage too see actually.... and why the hell have 3 different challenges when its for the same outcome too get funded -- IT STINKS OF SCAM ALL THE WAY
It seems that attacking FTMO , has brought bad luck to Macedamia ...

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  • #405
  • Dec 6, 2018 10:35pm Dec 6, 2018 10:35pm
[New FTMO Trader] Read our next short feedback from our trader Harminder P. He is one of our very good traders from India and we are very excited to welcome Harminder among our FTMO traders.

Read here: Harminder P. is our new FTMO Trader from India who achieved 100% positive days in his Verification

Otakar
FTMO.com / Funding for serious trader
  • #406
  • Dec 7, 2018 3:42am Dec 7, 2018 3:42am
Quoting TraderOtakar
[New FTMO Trader] Read our next short feedback from our trader Harminder P. He is one of our very good traders from India and we are very excited to welcome Harminder among our FTMO traders. Read here: Harminder P. is our new FTMO Trader from India who achieved 100% positive days in his Verification Otakar FTMO.com / Funding for serious trader
hahaha...you have nice way to tell me things .. by the way . I will give try by myself in the future .
  • #407
  • Dec 7, 2018 7:01am Dec 7, 2018 7:01am
Quoting rtkwar
{quote} hahaha...you have nice way to tell me things .. by the way . I will give try by myself in the future .
Oh, positive days...., that is just a coincident ... If you decide to participate in the program, be sure to take the Free Trial first.

To redoktober:
We did not report anything.

Have a nice weekend everyone.

Otakar
FTMO.com / Funding for serious trader
  • #408
  • Dec 7, 2018 7:51am Dec 7, 2018 7:51am
Quoting TraderOtakar
{quote} Oh, positive days...., that is just a coincident ... If you decide to participate in the program, be sure to take the Free Trial first. To redoktober: We did not report anything. Have a nice weekend everyone. Otakar FTMO.com / Funding for serious trader
To Otakar :
Yes Otakar , you are right , because I really know who it was.

To Rtk :
instead of continuing to have doubts and suspects , why don't you try ?
The 14 days Trial is free .
First try, then talk.
  • #409
  • Dec 7, 2018 11:21am Dec 7, 2018 11:21am
Quoting redoktober
{quote} To Otakar : Yes Otakar , you are right , because I really know who it was. To Rtk : instead of continuing to have doubts and suspects , why don't you try ? The 14 days Trial is free . First try, then talk.
i already tried it several times and i passed it... by the way i will try challenge when i get chance since i busy this days and i stopped all trading activities
  • #410
  • Dec 10, 2018 10:07pm Dec 10, 2018 10:07pm
Quoting TraderOtakar
[New FTMO Trader] Read our next short feedback from our trader Harminder P. He is one of our very good traders from India and we are very excited to welcome Harminder among our FTMO traders. Read here: Harminder P. is our new FTMO Trader from India who achieved 100% positive days in his Verification Otakar FTMO.com / Funding for serious trader
Hi. I was wondering so when you have the 40k account. Compounding is not allowed?
How does that work?
After every day/trade or week?

Do we use our OWN broker?
Thanks
  • #411
  • Edited 11:47pm Dec 10, 2018 10:11pm | Edited 11:47pm
Also is can we start at $100k and move up from there every 4 months?

Brokerage/Commisions? what are they for EURUSD?
thank you.
  • #412
  • Dec 11, 2018 4:14am Dec 11, 2018 4:14am
My friend passed the challenge and was a founded trader, so I can confirm that the system works. But I have a question regarding the broker- the one you (FTMO) propose during trial (14 days) is Purple Trading. My question is if I can choose another broker ( Admiral M.) during the challenge and latter in case I become founded ?
It's tough to make predictions, especially about the future...
  • #413
  • Dec 11, 2018 4:28am Dec 11, 2018 4:28am
Quoting degorbi
My friend passed the challenge and was a founded trader, so I can confirm that the system works. But I have a question regarding the broker- the one you (FTMO) propose during trial (14 days) is Purple Trading. My question is if I can choose another broker ( Admiral M.) during the challenge and latter in case I become founded ?
Purple is rather nasty on their commission, for intraday frequent traders it can cost a lot.
There is a volume based commision of 10 usd/lot on Standard ECN accounts.
There is a volume based commision of 8 usd/lot on Prime ECN accounts.
Couple this with not exactly industry leading spreads.

What exactly is FTMO's offer for trading condition?
Is any of this get further padded for the 'funded traders'?
Is any of this get reduced for 'the funded traders'?
there is always, always another trade!!
  • #414
  • Dec 11, 2018 5:16am Dec 11, 2018 5:16am
looks like theres a variety of brokers you can use.
pepperstone and Ic which is great. I just hope that we can use pepperstone and that funded accounts can begin at $100k. surely good performance of proper trading, something can be struck???
  • #415
  • Dec 12, 2018 2:16am Dec 12, 2018 2:16am
Quoting Cools81
{quote} Hi. I was wondering so when you have the 40k account. Compounding is not allowed? How does that work? After every day/trade or week? Do we use our OWN broker? Thanks
Hi Cools81,
The profit split takes place every 30 days. You can keep your profit share in your account, but no one does that. The risk parameters stay the same. The profit split is sent via PayPal or via bank transfer. We are not a broker, we are cooperating with brokers.

Quoting degorbi
My friend passed the challenge and was a founded trader, so I can confirm that the system works. But I have a question regarding the broker- the one you (FTMO) propose during trial (14 days) is Purple Trading. My question is if I can choose another broker ( Admiral M.) during the challenge and latter in case I become founded ?
Hi degorbi,
we have a close partnership with Purple Trading. We cooperate closely with our initial Czech/Slovak project. They offer us better technical environment and at this time we cannot technically offer Free Trials on other brokers. Yes, you can change brokers between the stages.

Quoting profitfarmer
{quote} Purple is rather nasty on their commission, for intraday frequent traders it can cost a lot. There is a volume based commision of 10 usd/lot on Standard ECN accounts. There is a volume based commision of 8 usd/lot on Prime ECN accounts. Couple this with not exactly industry leading spreads. What exactly is FTMO's offer for trading condition? Is any of this get further padded for the 'funded traders'? Is any of this get reduced for 'the funded traders'?
Hi profitfarmer,
thank you for your questions. At this time we offer just the same trading conditions as our brokers except with the Purple Trading, where the commisions can be reduced to 6 usd/lot. FTMO is not a broker.
  • #416
  • Dec 14, 2018 5:03am Dec 14, 2018 5:03am
[FTMO Story] Discipline and emotions under control, these are the values of Jean Claude from Canada. He started as a financial advisor and became successful trader.

Story here: Money and psychology management is the key to success – means Jean Claude from Canada

Otakar
FTMO.com / Funding for serious trader
  • #417
  • Dec 16, 2018 1:08am Dec 16, 2018 1:08am
[FTMO Story] Our trader Andrew is from Canada and his style is reading the Price Action, where he tries to identify phases within trending markets.

Story here: Price Action trader Andrew: The Challenge forces you to rely on your trading plan.


Otakar
FTMO.com / Funding for serious trader
  • #418
  • Dec 17, 2018 5:01am Dec 17, 2018 5:01am
[FTMO December updates]
➤ Updates regarding fundamentals
➤ Economic Calendar with news trading
➤ Two new payment providers
➤ Performance psychologist for our traders

Inserted Video


Otakar
FTMO.com / Funding for serious trader
  • #419
  • Dec 20, 2018 2:41am Dec 20, 2018 2:41am
[Xmas tip] Christmas is around the corner. We'll have a small break from trading and rather enjoy the festive season. If you're one of those who will miss the markets and excitement, why not to watch some trading movies. Here is our pick that could inspire you.

Read here: Our pick of 6 trading movies to watch during Xmas

Otakar
FTMO.com / Funding for serious trader
  • #420
  • Dec 30, 2018 2:22pm Dec 30, 2018 2:22pm
Im a little concerned about the restrictions before and after high impact news.

intraday trading is about using the opens and news volumes/volatility. i understand the widening of spreads is an issue and possibly copying the trades across from the demo account AND i agree non farm should be out of the question BUT which news exactly is unavailable to us traders under 5 minutes?

Rates? GDP? PMIs?

I hope not the flash pmis for instance ... as I trade eurusd and they give great arbitrage trades beforehand taking price to a great discount/premium sometimes minutes before announcement.
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