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FTMO - For serious traders

  • #5,241
  • Jan 11, 2021 4:10pm Jan 11, 2021 4:10pm
Quoting Rayder4Life
{quote} They didnt send you an email to send them an invoice with the profit split ? Did you ask them about the invoice for the profit split ?
Invoice was sent on the 5th January.
  • #5,242
  • Jan 11, 2021 10:01pm Jan 11, 2021 10:01pm
Quoting FXsniper111
{quote} your not gettig profitsplit on challenge and verification cause that is demo so why should they give you money not earned when funded you get the 70/30 split.....I cant find where to pay for challenge with paypal anyone knows??
You have lost me on that one.

I know their is no profit split on challenge or verification.
Everything is on demo, challenge, verification and funded.
If he is funded, then he has purchased two new challenges from his split, which he has received, he has a fresh login for his funded account, which he has received and is waiting for balance of his split... or that’s how I understood his original post.
  • #5,243
  • Jan 12, 2021 12:23am Jan 12, 2021 12:23am
Quoting moodybot
{quote} You have lost me on that one. I know their is no profit split on challenge or verification. Everything is on demo, challenge, verification and funded. If he is funded, then he has purchased two new challenges from his split, which he has received, he has a fresh login for his funded account, which he has received and is waiting for balance of his split... or that’s how I understood his original post.
Am a funded trader so you are right.I don't understand why they said it would be done yesterday and it wasn't. I will still reach out to them again today.
  • #5,244
  • Jan 12, 2021 12:59am Jan 12, 2021 12:59am
Quoting moodybot
{quote} You have lost me on that one. I know their is no profit split on challenge or verification. Everything is on demo, challenge, verification and funded. If he is funded, then he has purchased two new challenges from his split, which he has received, he has a fresh login for his funded account, which he has received and is waiting for balance of his split... or that’s how I understood his original post.
Payment for challenge with PayPal is not available (Payouts to PayPal are however).

cheers
maahome
  • #5,245
  • Jan 12, 2021 1:42am Jan 12, 2021 1:42am
Quoting touchstoneR
{quote} Am a funded trader so you are right.I don't understand why they said it would be done yesterday and it wasn't. I will still reach out to them again today.
Am also funded. Received my split no probs over Xmas, so can only assume admin error.
  • #5,246
  • Jan 12, 2021 2:27am Jan 12, 2021 2:27am
Hi everyone. Had anyone else been waiting for their funded account after passing both stages of challenge in december?Have been waiting for 25 days and sent them an email on two separate occasions and received replies that they are working on it ,however waiting almost a month so far find it quite excessive.
  • #5,247
  • Edited 2:48am Jan 12, 2021 2:36am | Edited 2:48am
Quoting touchstoneR
{quote} I have sent their support a mail to that effect but am yet to get a response from them. And i chatted them up and the respondent said they will contact me shortly and then sent me the login for the new trading account plus the two challenges that i paid for from my profit.As for the profit itself,nada.
Chief, before you lose your mind over fears that FTMO's struggling to pay (only you lol), i think the blame lies with our Central bank. FTMO facilitates (all) it's bank transfer profit split payments via Tranferwise and this is what's currently displayed on the Transferwise website -
Attached Image (click to enlarge)
Click to Enlarge Name: WhatsApp Image 2021-01-12 at 9.31.57 AM.jpeg Size: 42 KB


This could be the issue, either ways lets see what response you receive. Stupid CB is just making everything difficult, and we thought the international spending limit imposed on bank cards was bad.
  • #5,248
  • Jan 12, 2021 4:01am Jan 12, 2021 4:01am
Quoting Koop
{quote} Chief, before you lose your mind over fears that FTMO's struggling to pay (only you lol), i think the blame lies with our Central bank. FTMO facilitates (all) it's bank transfer profit split payments via Tranferwise and this is what's currently displayed on the Transferwise website -{image} This could be the issue, either ways lets see what response you receive. Stupid CB is just making everything difficult, and we thought the international spending limit imposed on bank cards was bad.
My preferred withdrawal method is bank wire not transferwise.And the invoice is still showing waiting for approval in my client area so it's not a question of how the fund will be sent.
  • #5,249
  • Jan 12, 2021 4:25am Jan 12, 2021 4:25am
Quoting touchstoneR
{quote} My preferred withdrawal method is bank wire not transferwise.And the invoice is still showing waiting for approval in my client area so it's not a question of how the fund will be sent.
Mine as well since 7th Jan, they told me it takes 3-5 working days, so I think it should be processed this week.
Trade what you see, not what you think.
  • #5,250
  • Jan 12, 2021 4:51am Jan 12, 2021 4:51am
Quoting touchstoneR
{quote} My preferred withdrawal method is bank wire not transferwise..
i understand that. My point was that they use Transferwise in processing their Bank wires. But as you've just mentioned that the withdrawal request has not even been approved, then thats a totally different issue.

I hope it gets resolved soon.
  • #5,251
  • Jan 12, 2021 6:54am Jan 12, 2021 6:54am
Quoting touchstoneR
{quote} My preferred withdrawal method is bank wire not transferwise.And the invoice is still showing waiting for approval in my client area so it's not a question of how the fund will be sent.
they use transfer wise for all transactions afaik.
  • #5,252
  • Jan 12, 2021 7:28am Jan 12, 2021 7:28am
Quoting moodybot
{quote} Am also funded. Received my split no probs over Xmas, so can only assume admin error.
ok then i misunderstood...
Insanityoing same ting over expecting different results..Einstein
  • #5,253
  • Jan 12, 2021 10:19am Jan 12, 2021 10:19am
I got my funded account in December, profit split on the 4th of this month, got e-mail to confirm the profit split, the site does pretty much everything automatically so you don’t need to worry about the invoices, and 2 days latter, on the 6th, both the profit split and the challenge fee reimbursment were in my bank account (via bank transfer).
I am in several discord groups, where there are a lot of people funded by ftmo, and I never seen one complain that they didn’t get payed. The worst that happened to a guy was that it took 5 days for the money to be in his account.
Can’t wait for this months profit split, need to get a PS5 ASAP.
  • #5,254
  • Jan 12, 2021 10:09pm Jan 12, 2021 10:09pm
Does anyone using cTrader on challenge or funded account? How's the experience using this platform and its respective broker so far? Thank you
  • #5,255
  • Jan 13, 2021 4:09am Jan 13, 2021 4:09am
Quoting Thosp
I got my funded account in December, profit split on the 4th of this month, got e-mail to confirm the profit split, the site does pretty much everything automatically so you don’t need to worry about the invoices, and 2 days latter, on the 6th, both the profit split and the challenge fee reimbursment were in my bank account (via bank transfer). I am in several discord groups, where there are a lot of people funded by ftmo, and I never seen one complain that they didn’t get payed. The worst that happened to a guy was that it took 5 days for the money...
could you help us with a link to this groups, forums ?

thanks in advance,
  • #5,256
  • Jan 13, 2021 9:43am Jan 13, 2021 9:43am
I am a trader with my first funded account at FTMO. I had my first invoicing for the month of December 2020. After verification, my amount and the fee for the challenge were paid to me within 4 days. Payment was faster than the contract. Fast and efficient. I am very satisfied with the cooperation, and I am a big fan of this project.
  • #5,257
  • Jan 14, 2021 4:27am Jan 14, 2021 4:27am
Quoting janulka
I am a trader with my first funded account at FTMO. I had my first invoicing for the month of December 2020. After verification, my amount and the fee for the challenge were paid to me within 4 days. Payment was faster than the contract. Fast and efficient. I am very satisfied with the cooperation, and I am a big fan of this project.
FTMO asking these people post this on their forum looks so cringy and fake, why not let people give real reviews based on their own experience not some scripted robotic stuff that only makes FTMO look less serious and trustable. This is not how to do things if you want people to trust and respect your company.
  • #5,258
  • Jan 14, 2021 4:44am Jan 14, 2021 4:44am
Quoting Rayder4Life
{quote} FTMO asking these people post this on their forum looks so cringy and fake, why not let people give real reviews based on their own experience not some scripted robotic stuff that only makes FTMO look less serious and trustable. This is not how to do things if you want people to trust and respect your company.
"This is not how to do things if you want people to trust and respect your company."

@Rayder4Life -- I don't understand. Where exactly is it written how to do things so people will trust and respect your company? I must have missed that class.
  • #5,259
  • Jan 14, 2021 5:02am Jan 14, 2021 5:02am
Quoting Rayder4Life
{quote} FTMO asking these people post this on their forum looks so cringy and fake, why not let people give real reviews based on their own experience not some scripted robotic stuff that only makes FTMO look less serious and trustable. This is not how to do things if you want people to trust and respect your company.
I do agree with you. Hope they will stop that, acknowledge their issues and address them in all honesty.
Don't give up on your dreams. Keep sleeping.
  • #5,260
  • Jan 14, 2021 5:17am Jan 14, 2021 5:17am
Quoting Artcool
{quote} I do agree with you. Hope they will stop that, acknowledge their issues and address them in all honesty.
Quoting Rayder4Life
{quote} FTMO asking these people post this on their forum looks so cringy and fake, why not let people give real reviews based on their own experience not some scripted robotic stuff that only makes FTMO look less serious and trustable. This is not how to do things if you want people to trust and respect your company.
Dudes -- I must have woken from my nap in an alternate universe. Where did FTMO ask "these" people -- whoever "these" people are -- to post on their thread? Isn't this a public forum? Isn't this a public thread? People who like FTMO post here, people who don't like FTMO post here, people who don't have a clue but like to post can post here. FTMO is a business. They are in business to make money. The more (positive) visibility is generally considered good for business. Is that now a crime?

Some people complain about the requirements. Now we're going to complain about "cringy" reviews? This is the Internet. I've been told everything you read on the Internet is true. Wait -- that's not true -- I was being sarcastic. Put on your big boy pants, sift through the comments, use your brain to parse any hidden agenda(s), and make your own decision. There is no "official" person here at FF that can do that for you. We are all in the same boat...
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