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FTMO - For serious traders

  • #6,601
  • Mar 31, 2021 1:25am Mar 31, 2021 1:25am
Quoting Rayder4Life
darn be this impossible to pass challenge, these people at ftmo are evil people who dont care about us common folk. look bellow how its impossible to have 5% risk and make 10% profit in short time. {image}
EA or Manual?
  • #6,602
  • Mar 31, 2021 2:20am Mar 31, 2021 2:20am
Inserted Video
  • #6,603
  • Mar 31, 2021 3:26am Mar 31, 2021 3:26am
Quoting vasal
{quote} EA or Manual?
manual, i dont use indicators, its discretionary trading
  • #6,604
  • Mar 31, 2021 1:19pm Mar 31, 2021 1:19pm
Quoting Expo33
{quote} Even with 20 days or so you still only need $500/day with a $5000 allowable drawdown for a 100K account.
For the Free trial, I am risking 1% per trade. I started this past Monday. I've made mistakes in managing the trades but am up 4%.
Of course, for the challenge you have to hit 10% TP. We shall see. I am tempted to take the free trial again after I hit the 5% threshold.
(Don't want to assume that I will but I believe that I will.) I want to be really comfortable with the process.

I also intend to take the 100k challenge when I am ready.
  • #6,605
  • Mar 31, 2021 3:36pm Mar 31, 2021 3:36pm
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  • #6,606
  • Edited 12:23pm Apr 1, 2021 9:37am | Edited 12:23pm
I am treating this trial account as 100k account.

I am giving upto 11 th april to reach goal , that is the expiry date for this trial.
Attached Image (click to enlarge)
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Intraday only.
  • #6,607
  • Apr 1, 2021 9:51am Apr 1, 2021 9:51am
Quoting navk
I am treating this trial account as 100k account. I am giving upto 11 th april to reach goal , that is the expiry date for this trial. {image}
you can choose agressive 50k in trial and u will have 5k max daily loss instead of 2.5k
  • #6,608
  • Apr 1, 2021 9:53am Apr 1, 2021 9:53am
Quoting Rayder4Life
{quote} you can choose agressive 50k in trial and u will have 5k max daily loss instead of 2.5k
Aggressive is available as trial ?

Not sure.
Intraday only.
  • #6,609
  • Apr 1, 2021 9:56am Apr 1, 2021 9:56am
Quoting navk
{quote} Aggressive is available as trial ? Not sure.
it is for me, i can choose normal or agressive.
  • #6,610
  • Apr 2, 2021 9:24am Apr 2, 2021 9:24am
I'm currently on my 5th free trial with FTMO just to confirm I'm consistent and also to see how their broker does.

It may have been addressed in this thread somewhere before, but I'm noticing issues with their server when trading NY Session on the Indices (US30, S&P 500 etc)
Not being able to modify my open positions, not being able to take new positions. Every now and then this problem occurs and that worries me when trying to take the Challenge.

Anyone else experience this problem or is it just me experiencing bad luck during low liquidity times or something.
  • #6,611
  • Apr 2, 2021 9:46am Apr 2, 2021 9:46am
Quoting Cbarnes45
I'm currently on my 5th free trial with FTMO just to confirm I'm consistent and also to see how their broker does. It may have been addressed in this thread somewhere before, but I'm noticing issues with their server when trading NY Session on the Indices (US30, S&P 500 etc) Not being able to modify my open positions, not being able to take new positions. Every now and then this problem occurs and that worries me when trying to take the Challenge. Anyone else experience this problem or is it just me experiencing bad luck during low liquidity times...
Well, if you're experiencing it today, it is due to those instruments being closed for the holiday. I've never had an issue trading indices.
  • #6,612
  • Apr 2, 2021 10:50am Apr 2, 2021 10:50am
Quoting Cbarnes45
I'm currently on my 5th free trial with FTMO just to confirm I'm consistent and also to see how their broker does. It may have been addressed in this thread somewhere before, but I'm noticing issues with their server when trading NY Session on the Indices (US30, S&P 500 etc) Not being able to modify my open positions, not being able to take new positions. Every now and then this problem occurs and that worries me when trying to take the Challenge. Anyone else experience this problem or is it just me experiencing bad luck during low liquidity times...
european indices are closed for trading today, also sp500 and dj30 have closed early today at 4 pm gmt+2. if u experienced that early in the week i had no issues with the indices, i trade them also they behave very well.
  • #6,613
  • Apr 2, 2021 10:50am Apr 2, 2021 10:50am
Quoting pipmaster77
{quote} Well, if you're experiencing it today, it is due to those instruments being closed for the holiday. I've never had an issue trading indices.
I think it may be bad luck trading on holidays or days with low liquidity. Just wanted to put it out there and see what others have experienced.
  • #6,614
  • Apr 2, 2021 10:59am Apr 2, 2021 10:59am
Quoting Cbarnes45
{quote} I think it may be bad luck trading on holidays or days with low liquidity. Just wanted to put it out there and see what others have experienced.
I never trade non-farm payroll day anyway. Combine it with a holiday weekend, definitely a no go for me.
  • #6,615
  • Apr 2, 2021 11:11am Apr 2, 2021 11:11am
Quoting Cbarnes45
I'm currently on my 5th free trial with FTMO just to confirm I'm consistent and also to see how their broker does. It may have been addressed in this thread somewhere before, but I'm noticing issues with their server when trading NY Session on the Indices (US30, S&P 500 etc) Not being able to modify my open positions, not being able to take new positions. Every now and then this problem occurs and that worries me when trying to take the Challenge. Anyone else experience this problem or is it just me experiencing bad luck during low liquidity times...
I trade indicies exclusively on FTMO funded accounts and have never experienced this at all.
Trade with confidence, trade without fear.
  • #6,616
  • Apr 2, 2021 11:46am Apr 2, 2021 11:46am
Have a great Friday everybody,
I hope everyone here had a great week as usual and you’re ready to take a day off during the weekend. It’s Friday and we just went through NFP, so I also hope the announcement moved the market in your favour. Today we’re going through a very short and quick update.

Let’s talk about the platforms first: today on the 2nd of April, all cryptocurrencies went through a scheduled and successful maintenance break. Crypto was unavailable from 08:00 till 14:00 platform time.
There were no issues or outages whatsoever.

Now to the updates. As I've mentioned in my previous posts, we're currently putting our focus mainly on our future. Based on the feedback we’ve been receiving, we're working on the development of a couple of new features and on the improvement of our services in general. Among others, bitcoin withdrawals for FTMO Traders might be expected in the near future.

Finally, let’s get to your questions. As the forum was not as heated as during the previous weeks, there are fewer posts that required my reaction, so kindly find those posts below:


Quoting PaulMF
Yes, keep pushing. Again and again as if this were a multi level game. That's obscene. Clearly, they are more interested in gamers than traders. To get "funded" (not licensed to do that) with $10,000 you pay a partificaption fee of 155 euros. After ten times, that is 1550 euros or $1,826 loss. The maximum you can lose after being "funded" is $1,000. Question is: Why trying 10 times when you can open a real account, on a real broker, on a real trading environment, with those $1,826? Those $1,826 turns into a purchase power of: - With a 30:1 leverage,...
Hi PaulMF, as a Proprietary Trading Firm that does not accept live account deposits, we are not classified into the same category as regular brokerages and therefore we are not as strictly regulated as brokers who you can open a live account with. We have been in business for years and have thousands of successful traders that received payouts of their Profit Splits
I’m also not sure why would you think that we “falsely offer” the 1:100 leverage. The leverage of all instruments is mentioned on our symbols page here: https://ftmo.com/en/symbols/. The leverage can also be easily checked anytime in the Trading Platform.

Quoting Saxio
{quote} Hello Tomas , maybe you could tell us how much % of income is coming from fees and how much % from profitable traders , that would give a better picture .. i hope you understand my skeptism ...traderscentralfund is now offering a beta program where you just have to upload your track record of a real or demo account without the need to pay any fees, the other programs you have to pay a fee suppose a trader has been trading successfully for over 6 months with very good risk/reward ratio’s , why would he need to pay you to show his track record...
Hello Saxio, I’ve discussed a similar topic last week with Jmoreno. I believe the occasional sharing of our monthly statistics on our social media is quite informative and transparent already. By publishing other background details, we would freely provide even more information to our competition, which is something we need to be especially careful about.
Now regarding evaluating traders by their trading history - with the current amount of our traders, taking time to properly look into the history of each account and carefully choosing whether we want to fund the trader or not would be impossible. And mainly, we could never be 100% sure that we’d be looking at the trade history of the same person who sent it - that is why we want to test every trader rather “in house”. We are already dealing with enough falsified „evidence“ and untrue claims and have a system that works, so for now we are not planning a change in this direction.

Quoting LoveScalping
{quote} Thomas Could you please consider reducing the required minimum of trading days from 10 to 7 or 5? (In challenges and verifications)
Hi LoveScalping, such significant changes are always decided by the executive board of the company. Nevertheless, the consistency of the trader is one of the crucial factors by which we evaluate the trader, so I would not say that such an amendment is to be expected.

Quoting ForexGalVA
Ready to begin the FTMO free trial. Taking it a step further along the process towards the 30-day Challenge. Can I customize the chart so that it looks like my own personal trading chart on my laptop? If one can not adapt the chart to look 'familiar,' this is not helpful. Is one allowed to customize the chart for the Challenge? That is even more important in a timed challenge with an entry fee. The Data Folder (File: Open Data Folder)(where one could copy and paste a Template or indi) in the FTMO free-trial demo of MT4, is missing. Not an option,...
Hi ForexGaIVA, I can see you’ve already received a couple of responses, however, I’d like to confirm that you can customize your trading platform with templates any way you want to - we simply care just about your trading results.

Quoting navk
{quote} Aggressive is available as trial ? Not sure.
Hi there Navk, the Aggressive Free Trial is also an option.

That is it for today, thank you, everybody, for your attention. As you can probably see yourself, there are currently not many topics I could talk about publicly, so these regular updates tend to be now rather shorter. I'll see you next week as usual, until then, take care.

-Tomas
  • #6,617
  • Apr 2, 2021 11:57am Apr 2, 2021 11:57am
Quoting tomas-ftmo
у всех отличная пятница
Thomas, please see the private messages sent a few days ago with very important information.
sorry for my English, using google translator.
  • #6,618
  • Apr 2, 2021 2:17pm Apr 2, 2021 2:17pm
Quoting touchstoneR
{quote} They are wrong. Mine was not a fabricated complaint.Only that i was a little too impatient to get my first cut and all that working days jargon did not seat well with my impatient soul. Lols!!! Got paid according as the system was programmed. See my payment certificate. {image}
Hello good day.

I have seen your previous posts on this thread and i take it that you are Nigerian

I am a Nigerian too and i want to join the FTMO challenge
I just have a few questions and i would be glad if you can help me with the answers based on your personal experience

I saw that you used bank wire as your withdrawal option, did you use your Naira account or a Dollar domiciliary account to accept profit split?
If its your naira account, what was the conversion rate?
Also is it the same method that you used to pay for the challenge?

I will be anticipating your reply, thank you
  • #6,619
  • Apr 2, 2021 2:30pm Apr 2, 2021 2:30pm
Quoting Tomas-ftmo
Have a great Friday everybody, I hope everyone here had a great week as usual and you’re ready to take a day off during the weekend. It’s Friday and we just went through NFP, so I also hope the announcement moved the market in your favour. Today we’re going through a very short and quick update. Let’s talk about the platforms first: today on the 2nd of April, all cryptocurrencies went through a scheduled and successful maintenance break. Crypto was unavailable from 08:00 till 14:00 platform time. There were no issues or outages whatsoever. Now to...
Hi Thomas,

how soon would BTC payout be available ? Weeks , months from now ?
  • #6,620
  • Apr 2, 2021 10:39pm Apr 2, 2021 10:39pm
Hello everybody, I hope some of you can answer my question, I read ftmo uses "liquidity providers" not brokers, does that mean I can choose whatever broker I want? or how does that works?
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