DislikedHi, does anyone know what broker does FTMO uses or are we allowed to use our own broker? how are their spreads? it's not mentioned anywhere in their site.Ignored
There is no way to know the broker they use or even if they use one at all. They have removed some texts from their website about LMAX. Some reported that the spreads of FTMO were bad because of LMAX and that's why they had to remove those texts. Others think that maybe LMAX doesn't want to be related with this firm.
They refused to had used the term "funded account" in the last post when, in fact, they had been using it for a while. Maybe, you won't trade any account with them and get paid depending on some account performance but with their cash. Maybe, that cash mainly comes from participation fees.
As you can clearly identify, all the "trading" process is very obscure. This type of information is usually available for a trader in a real prop-firm.
Always ready to help
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