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FTMO - For serious traders

  • #1,201
  • Mar 2, 2020 7:08pm Mar 2, 2020 7:08pm
Quoting sampat
Why would any one choose Aggressive Plan (50K) plan instead of 100K (normal) plan if fees and draw down is same for both? Please advise.
sounds essentially the same to me, difference is with 100k you can have higher margin to open more position to hit a lower target (10% vs 20%) relatively.
  • #1,202
  • Mar 3, 2020 10:12am Mar 3, 2020 10:12am
Hi everyone,

(rebe1, Patje, Fx11trade)

I can confirm that we were experiencing issues with our FTMO Platform. There was an enormous demand for the platform, which overloaded our servers. We could not foresee such high demand. We are dealing with every single complaint and all clients with issues are compensated accordingly. The server has been upgraded and there should be no issues now.

To: Iliavelkov
thank you for your question. You can get higher leverage if you are considered as a professional client, which means that you need to have 500k (or 900k) EUR, proper education or work experience and lastly some track record. As all accounts are provided under our company, which is considered to be a professional client, you can also receive this higher leverage.

To: GodRa
Unfortunately, we do not offer this platform.

Good luck with trading!
  • #1,203
  • Mar 3, 2020 10:49am Mar 3, 2020 10:49am
Quoting TraderOtakar
Hi everyone, (rebe1, Patje, Fx11trade) I can confirm that we were experiencing issues with our FTMO Platform. There was an enormous demand for the platform, which overloaded our servers. We could not foresee such high demand. We are dealing with every single complaint and all clients with issues are compensated accordingly. The server has been upgraded and there should be no issues now. To: Iliavelkov thank you for your question. You can get higher leverage if you are considered as a professional client, which means that you need to have 500k (or...
Unfortunately the FTMO platform issue still persist.
  • #1,204
  • Mar 3, 2020 10:51am Mar 3, 2020 10:51am
Quoting TraderOtakar
Hi everyone, (rebe1, Patje, Fx11trade) I can confirm that we were experiencing issues with our FTMO Platform. There was an enormous demand for the platform, which overloaded our servers. We could not foresee such high demand. We are dealing with every single complaint and all clients with issues are compensated accordingly. The server has been upgraded and there should be no issues now. To: Iliavelkov thank you for your question. You can get higher leverage if you are considered as a professional client, which means that you need to have 500k (or...
Hi! Thanks for this info. I believe many good traders (including me, if I go for FTMO) could benefit of the following information which I need you to clarify.

That is: If one gets a funded account and does really well on profits and returns, he will increase his balance and his equity (provided there are no withdrawals for some time). Let’s say I qualify for a $100K account and I increase it to 200K in 2 months time. My initial DD was 10% and the leverage 100:1. After my account becomes 200K, does my allowed DD increase to 20% since the initial 10% DD is based on the initial capital? Said with another words, I can lose/waste 105K without this violating the rules, right? Have I understood that correctly?

Thanks in advance.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,205
  • Mar 3, 2020 12:17pm Mar 3, 2020 12:17pm
Quoting NotAtrader
{quote} Hi! Thanks for this info. I believe many good traders (including me, if I go for FTMO) could benefit of the following information which I need you to clarify. That is: If one gets a funded account and does really well on profits and returns, he will increase his balance and his equity (provided there are no withdrawals for some time). Let’s say I qualify for a $100K account and I increase it to 200K in 2 months time. My initial DD was 10% and the leverage 100:1. After my account becomes 200K, does my allowed DD increase to 20% since the...
Yes, for the max loss.
The max daily loss limit stays the same (5000 dollars in your example)
Persistence will get it. Consistency will keep it.
  • #1,206
  • Mar 3, 2020 12:56pm Mar 3, 2020 12:56pm
When you start a challenge, does it have any leverage option to select or does all the brokers have default leverage settings?

Thanks
  • #1,207
  • Mar 3, 2020 1:23pm Mar 3, 2020 1:23pm
Quoting TraderOtakar
Hi everyone, (rebe1, Patje, Fx11trade) I can confirm that we were experiencing issues with our FTMO Platform. There was an enormous demand for the platform, which overloaded our servers. We could not foresee such high demand. We are dealing with every single complaint and all clients with issues are compensated accordingly. The server has been upgraded and there should be no issues now. To: Iliavelkov thank you for your question. You can get higher leverage if you are considered as a professional client, which means that you need to have 500k (or...
I was trading and om the 2nd day of my challenge but received an email asking me to stop trading overnight because of the lag and overload situation ..does this mean I can get back to trading soon .....ps the email said not to trade until you notified me ....however, you've said all sorted now on this forum ....but as a paying trader, I'm still on the sidelines and anxiously awaiting your email response...

please thanks

J
TRUMPS TWEETS ARE MASS MONEY OPPORTUNITIES
  • #1,208
  • Mar 3, 2020 4:12pm Mar 3, 2020 4:12pm
Quoting Clivethien
{quote} Unfortunately the FTMO platform issue still persist.
Yes, I am experiencing issues with the platform and emailed customer support, but no responses yet. Hope to get a reply soon.
Full Time Funded Trader. Occasionally drop by FF. Expect a delay in reply.
  • #1,209
  • Mar 3, 2020 4:14pm Mar 3, 2020 4:14pm
Quoting BaghadadBBoy
{quote} I was trading and om the 2nd day of my challenge but received an email asking me to stop trading overnight because of the lag and overload situation ..does this mean I can get back to trading soon .....ps the email said not to trade until you notified me ....however, you've said all sorted now on this forum ....but as a paying trader, I'm still on the sidelines and anxiously awaiting your email response... please thanks J
At least you get a warning from them mate. I didnt get any warning before hand and luckily it didnt hit my max daily loss.
Its a bad day for a scalper for indices with such issues.
Full Time Funded Trader. Occasionally drop by FF. Expect a delay in reply.
  • #1,210
  • Mar 3, 2020 4:15pm Mar 3, 2020 4:15pm
Quoting NotAtrader
{quote} Hi! Thanks for this info. I believe many good traders (including me, if I go for FTMO) could benefit of the following information which I need you to clarify. That is: If one gets a funded account and does really well on profits and returns, he will increase his balance and his equity (provided there are no withdrawals for some time). Let’s say I qualify for a $100K account and I increase it to 200K in 2 months time. My initial DD was 10% and the leverage 100:1. After my account becomes 200K, does my allowed DD increase to 20% since the...
Hi NotAtrader,

No that is not how it works. At the end of each month all profits are withdrawn and the account restarts at 100k. You can have up to 3 accounts but the same rules apply 5% / 10% loss/draw down daily/total per each account. For a 100k account the daily loss is still 5k at the start of each day but the overall amount you can lose/draw down is $9999 plus any profits already earned as in: you increase account to $111k, you could theoretically have 5 consecutive losing days of 4k and still be live as account is now at 91k and you have not exceeded the 5k per day limit or the 10k of original capital. Hope this helps.

maahome
  • #1,211
  • Edited 5:12pm Mar 3, 2020 4:55pm | Edited 5:12pm
Quoting maahome
{quote} Hi NotAtrader, No that is not how it works. At the end of each month all profits are withdrawn and the account restarts at 100k...............
Really? Do you really have to withdraw every month? They don’t allow you to grow your money and build ground for bigger profits? Are you a funded trader? If not then I will allow myself to disagree with you.

Can someone confirm or point to the rule’s page for reference?
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,212
  • Mar 3, 2020 5:07pm Mar 3, 2020 5:07pm
Quoting NotAtrader
{quote} Really? Do you really have to withdraw every month? They don’t allow you to grow your money and build ground for bigger profits? Are a funded trader? If not then I will allow myself to disagree with you. Can someone confirm or point to the rule’s page for reference?
Sorry, my error, incorrect information - you can compound your share but they withdraw theirs, see here: https://ftmo.com/en/faq/how-do-i-withdraw-my-profits/

Regards
maahome
  • #1,213
  • Mar 3, 2020 5:08pm Mar 3, 2020 5:08pm
Quoting maahome
{quote} Yes - really. Have you read the website and terms and conditions at all? It is all there. cheers maahome
I have, but I do not see where they say that you have to withdraw every month. What they say is that withdrawals can be made monthly and not more than ones a month, but it doesn’t meant tat you need to do that.

I may be blind. Please point me to the place which states that or simply cut and paste in your reply.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,214
  • Mar 3, 2020 5:10pm Mar 3, 2020 5:10pm
Quoting maahome
{quote} Sorry, my error, incorrect information - you can compound your share but they withdraw theirs, see here: https://ftmo.com/en/faq/how-do-i-withdraw-my-profits/ Regards maahome
Yes. Exactly. Ok then. All is clear. Thanks.
Regards.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #1,215
  • Mar 3, 2020 7:06pm Mar 3, 2020 7:06pm
Quoting WindFreeze10
{quote} At least you get a warning from them mate. I didn't get any warning beforehand and luckily it didnt hit my max daily loss. Its a bad day for a scalper for indices with such issues.
I'm a scalper too....but I just wasn't enjoying using it on that day so I emailed them and turned it off .... yeah that kind of thing could very tricky if it moved against you and where not able to cut it ..... a real problem ....luckily I saw and realized this could happen and cut loose b4 the unfortunate occurred... best not to trade when things ain't right especially the feed ..... as you need to be in the zone *Mark Douglas* and if anything interferes with that .... I basically just turn it off...

best of luck to you

when did u email them? they took less than 24hrs to come back to me
TRUMPS TWEETS ARE MASS MONEY OPPORTUNITIES
  • #1,216
  • Mar 3, 2020 7:19pm Mar 3, 2020 7:19pm
Quoting BaghadadBBoy
{quote} I'm a scalper too....but I just wasn't enjoying using it on that day so I emailed them and turned it off .... yeah that kind of thing could very tricky if it moved against you and where not able to cut it ..... a real problem ....luckily I saw and realized this could happen and cut loose b4 the unfortunate occurred... best not to trade when things ain't right especially the feed ..... as you need to be in the zone *Mark Douglas* and if anything interferes with that .... I basically just turn it off... best of luck to you when did u email...
I emailed them yesterday night, about 9 hours ago. The moment I have issue, I emailed them immediately.
So far no reply yet. The connection still drop on and off. I have a longer TF order placed so I am still monitoring time to time. Sigh.
Full Time Funded Trader. Occasionally drop by FF. Expect a delay in reply.
  • #1,217
  • Mar 3, 2020 8:17pm Mar 3, 2020 8:17pm
https://ftmo.com/en/solution/

Dear traders,
First, we would like to apologize for the inconvenience caused by the technical issue on the FTMO platform which occurred on February 27th, 28th and March 2nd. We would like to assure you that we will not leave this issue unattended and that we're already working on fixing the damage caused, including the service recovery to all clients affected. Please read the description of solutions before submitting the form.

1# Delete trading results + Extension
In case your account suffered a loss during Feb 27th, 28th and March 2nd, we will offer you to delete the trading results on those days. Additionally, we will also extend your Challenge / Verification by 10 trading days.
In addition, you can also request a transfer of your account to another broker.

2# New Challenge / Verification
In case you do not want to trade on your account anymore, you can request to deactivate your current Challenge / Verification and receive a free repeat instead. This solution can only be provided if you haven't resumed trading after reporting the issue!
In addition, you can also request a transfer of your account to another broker.

3# 10% discount
If you do not wish to receive any of the solutions above, you can request a one-time 10% discount for your next Challenge. In this case, we'll give you a promo code with no expiration.
In addition, you can also request a transfer of your account to another broker.

Broker Change
You can also request a transfer of your account to another broker. In case you wish to change the broker, please make sure that all positions are closed and our company will proceed with the transfer of your Challenge / Verification onto another brokerage. Any waiting time will be compensated with an extension of the Challenge / Verification duration. Please state your desired platform, broker and account type in the notes.
  • #1,218
  • Mar 4, 2020 5:14am Mar 4, 2020 5:14am
Hi.
27.02.2020 I had very big technical problems with the Lmax platform during the challenge. I documented the problem and reported to support via email. The whole case was treated very professionally and factually by FTMO. I decided change the broker at my request and FTMO agree without any problem.
Problem solved.
Thank You
  • #1,219
  • Mar 4, 2020 10:08am Mar 4, 2020 10:08am
Quoting FigjamX
Hi. 27.02.2020 I had very big technical problems with the Lmax platform during the challenge. I documented the problem and reported to support via email. The whole case was treated very professionally and factually by FTMO. I decided change the broker at my request and FTMO agree without any problem. Problem solved. Thank You
Good for you. I am still waiting for their reply.
Full Time Funded Trader. Occasionally drop by FF. Expect a delay in reply.
  • #1,220
  • Mar 4, 2020 11:38am Mar 4, 2020 11:38am
It is working fine now. I believe there is a pattern here, during NY 8-10.30 it works intermittently and afterwords its fine.
I see on my mobile it works better than laptop.
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