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FTMO - For serious traders

  • #701
  • Oct 16, 2019 9:49am Oct 16, 2019 9:49am
It all looks legit as far as I can see from here. I told myself after 3 consecutive positive free challenges, I will go for it. Now doing the second one.

Good luck to all the guys and girls that passed it.

For me as a trader, these rules only made me better. Way less drawdown and how nice is it to have a big account. Gamechanger for me. After always trading on a small account.

Let's all make some money!
  • #702
  • Oct 18, 2019 9:23am Oct 18, 2019 9:23am
My free trials in 5 days
Attached Image (click to enlarge)
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  • #703
  • Edited 3:31am Oct 19, 2019 2:27am | Edited 3:31am
Hi all,

I have passed the Challenge and am now on the verification phase for a €10,000 account. Customer service so far has been great.

Those that are Uk traders and funded from FTMO, what are the tax implications when you start getting paid by them? Do we need to inform HMRC?

Cheers
  • #704
  • Oct 20, 2019 8:47am Oct 20, 2019 8:47am
Hello Traders!

Should i try FTMO for funded account. What do you suggest? I shall be waiting for your honest opinion.

Wish you good luck.
  • #705
  • Oct 20, 2019 8:58am Oct 20, 2019 8:58am
Quoting 4xxxx4
Hello Traders! Should i try FTMO for funded account. What do you suggest? I shall be waiting for your honest opinion. Wish you good luck.
Yes why not if you have wining strategy, proven risk controll they are very good ppl dont bother you just try to dont violate the rules.
  • #706
  • Edited 10:12am Oct 20, 2019 10:01am | Edited 10:12am
Trying to send them an email for 2 days and I get this error from their email.

This message was created automatically by mail delivery software.

A message that you sent could not be delivered to one or more of its
recipients. This is a permanent error. The following address(es) failed:

[color=Black][email protected][/color]
(ultimately generated from [color=Black][email protected][/color])
retry timeout exceeded

Doesn't seem very professional to me.
  • #707
  • Oct 20, 2019 10:17am Oct 20, 2019 10:17am
Quoting fx11trade
Trying to send them an email for 2 days and I get this error from their email. This message was created automatically by mail delivery software. A message that you sent could not be delivered to one or more of its recipients. This is a permanent error. The following address(es) failed: [email protected] ("[email protected]") (ultimately generated from [email protected] ("[email protected]")) retry timeout exceeded Doesn't seem very professional to me.

Try [email protected] . I got in touch with them there, they gave prompt replies.
  • #708
  • Oct 20, 2019 10:49am Oct 20, 2019 10:49am
Quoting fx11trade
Trying to send them an email for 2 days and I get this error from their email. This message was created automatically by mail delivery software. A message that you sent could not be delivered to one or more of its recipients. This is a permanent error. The following address(es) failed: [email protected] ("[email protected]") (ultimately generated from [email protected] ("[email protected]")) retry timeout exceeded Doesn't seem very professional to me.
On page they have customer care they are very responsive on daily working hours...
Attached Image (click to enlarge)
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  • #709
  • Oct 21, 2019 5:42am Oct 21, 2019 5:42am
Quoting fx11trade
Trying to send them an email for 2 days and I get this error from their email. This message was created automatically by mail delivery software. A message that you sent could not be delivered to one or more of its recipients. This is a permanent error. The following address(es) failed: [email protected] ("[email protected]") (ultimately generated from [email protected] ("[email protected]")) retry timeout exceeded Doesn't seem very professional to me.
Dear everyone,
thank you for your kind words, it is highly appreciated. It may look like I am not monitoring this thread, but as most of the questions are answered by other users there is no need for me to answer again.

Dear fx11trade,
I am sorry for your inconvenience, over the weekend we had an issue with the mail server. If you have not received the answer on your email, please contact us via Live chat.

Otakar
  • #710
  • Oct 21, 2019 1:41pm Oct 21, 2019 1:41pm
Hi Guys! I have recently started trading the free demo on FTMO. I just wanted to clarify something. On the demo on each trade you have to pay a commission. Is this just with Purple trading or with all the brokers and is it the same when doing the challenge and when you have passed the challenge? It seems pretty difficult to beat the spread and the commission and then to also have to give 30% of profits as well.
Is this the case?
I really like the look of this but just feel the commission makes it very difficult.
  • #711
  • Oct 21, 2019 10:59pm Oct 21, 2019 10:59pm
Hi guys,

A little update from my end.

I have successfully passed the verification last Monday which was on 14th October 2019.

And starting from this week I am trading my funded account.

On the funded account there are only 3 rules. First, you need to trade at least 10 days and then adhere to the risk parameters. That is all.

I will be able to withdraw my profit after 30 days. I will post my final update on this thread once I am able to withdraw the profit and also let you guys know how fast they process it.

Here is a screenshot of my verification phase.

Attached Image (click to enlarge)
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  • #712
  • Oct 21, 2019 11:01pm Oct 21, 2019 11:01pm
Quoting nafis
Hi guys, A little update from my end. I have successfully passed the verification last Monday which was on 14th October 2019. And starting from this week I am trading my funded account. I will be able to withdraw my profit after 30 days. I will post my final update on this thread once I am able to withdraw the profit and also let you guys know how fast they process it. Here is a screenshot of my verification phase. {image}

Its great and very nice bro keep it up and posted, so everyone know its a real and working thing..........
  • #713
  • Oct 21, 2019 11:06pm Oct 21, 2019 11:06pm
Quoting waqas3666
{quote} Its great and very nice bro keep it up and posted, so everyone know its a real and working thing..........
This is why I am posting updates. So far my dealings with FTMO have been great. Will post again for benefit of everyone after 30 days.
  • #714
  • Oct 22, 2019 3:01am Oct 22, 2019 3:01am
Well done!!! I absolutely love this from FTMO. I used to trade a lot but with small accounts and always having to over-leverage. It never worked long term due to the risk I was having to take. Looking forward to getting onto the challenge and hopefully getting funded!
  • #715
  • Oct 22, 2019 6:29am Oct 22, 2019 6:29am
Hi, I understood that every 30 days 70/30% withdrawals are made, if I, I want to leave my profit of 70% in the trading account, in the next 30 days, when you will withdraw another 30% you will withdraw from the profit over the last month or all the accumulated profit?

Thanks
  • #716
  • Oct 22, 2019 10:46am Oct 22, 2019 10:46am
Hello Traders!
My queries regarding FTMO:
- Do I need to wait for 90 days? 30 days for challenge and 60 days for verification.
- If I choose 10000$ account, what will be account (demo) balance for challenge and verification?
- How minimum 10 days works?
- What is maximum spread and commission during challenge, verification and real funded account?
- Do I need to trade demo account after passing challenge and meet Trading Objectives?

Wish you all the best.
  • #717
  • Oct 22, 2019 12:31pm Oct 22, 2019 12:31pm
Quoting 4xxxx4
Hello Traders! My queries regarding FTMO: - Do I need to wait for 90 days? 30 days for challenge and 60 days for verification. - If I choose 10000$ account, what will be account (demo) balance for challenge and verification? - How minimum 10 days works? - What is maximum spread and commission during challenge, verification and real funded account? - Do I need to trade demo account after passing challenge and meet Trading Objectives? Wish you all the best.
Did you have rea FAQ on ftmo.com?
  • #718
  • Oct 22, 2019 2:55pm Oct 22, 2019 2:55pm
Quoting 4xxxx4
Hello Traders! My queries regarding FTMO: - Do I need to wait for 90 days? 30 days for challenge and 60 days for verification. - If I choose 10000$ account, what will be account (demo) balance for challenge and verification? - How minimum 10 days works? - What is maximum spread and commission during challenge, verification and real funded account? - Do I need to trade demo account after passing challenge and meet Trading Objectives? Wish you all the best.
not sure if I am right..
but from my understanding

1) for the challenge and verification, you only need to be 50% or more and hit the trading objectives in 10 trading days. Both challenge and verification is the same. Don’t have to wait till 30/60 days.

2) if you choose a $10,000 account, your challenge and verification will start at $10,000.

3) they got a list of brokers for you to choose from, so the spread and commission is due because of the broker not from ftmo I believe. When you get funded, whatever profit after the end of the 30days, you get 70%, ftmo 30%. That’s all

4) don’t know how their system works, I think after verification, you will still trade demo.. but maybe they got EA to copy your trades over to their system. This I am not sure, can’t answer.

Good luck!
  • #719
  • Oct 23, 2019 1:06am Oct 23, 2019 1:06am
Hi NTC! Thank you for your prompt reply.
  • #720
  • Oct 23, 2019 2:33am Oct 23, 2019 2:33am
After you passed both steps and you get funded, you will still trade demo account.
They dont give you real account, because they take the last action on trades. For example you open some trades on your funded account, and ftmo trader take a decision if they copy your trades or not.
But anyway, you dont need to worry. You get 70% profit from all what you do on your funded account. I got it and i can tell you that it is sure and safe.
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