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FTMO - For serious traders

  • #8,281
  • Dec 1, 2021 7:47am Dec 1, 2021 7:47am
Quoting Muhammedfx
{quote} this might make you feel good
That's exactly why these companies are all SCAMS. They can freeze the platforms when you are making money so you can manage trades properly and pass the challenges.

I have video recordings of the platform freezing and they still say it was working fine.
  • #8,282
  • Dec 1, 2021 7:57am Dec 1, 2021 7:57am
Quoting Gobigfx
{quote} That's exactly why these companies are all SCAMS. They can freeze the platforms when you are making money so you can manage trades properly and pass the challenges. I have video recordings of the platform freezing and they still say it was working fine.
Are you prepared to release those videos here???
  • #8,283
  • Dec 1, 2021 8:36am Dec 1, 2021 8:36am
Unfortunately, videos would not be sufficient, since you would also need to consider trader's internet, hardware, software, indicators and other settings that could be interfering etc., and all of that is assuming that the video has not been edited.
  • #8,284
  • Dec 1, 2021 8:50am Dec 1, 2021 8:50am
Quoting Gobigfx
{quote} That's exactly why these companies are all SCAMS. They can freeze the platforms when you are making money so you can manage trades properly and pass the challenges. I have video recordings of the platform freezing and they still say it was working fine.

be sure to show ping in the video as well.
  • #8,285
  • Dec 1, 2021 9:54am Dec 1, 2021 9:54am
Quoting Gobigfx
{quote} That's exactly why these companies are all SCAMS. They can freeze the platforms when you are making money so you can manage trades properly and pass the challenges. I have video recordings of the platform freezing and they still say it was working fine.
It is so strange that 99% of commercial members are anti-prop firm. I just cannot imagine why.
  • #8,286
  • Dec 2, 2021 9:05am Dec 2, 2021 9:05am
Quoting pipmaster77
{quote} It is so strange that 99% of commercial members are anti-prop firm. I just cannot imagine why.
I would say that 99% of FF is anti-fake prop-firms. Just a reduced group of members support these firms: some newbies, fake members created by the firms, firms' staff and undetermined purpose members. Most of them are on my ignore list.

Commercial members who post in this type of threads usually sell non-fanciful products that are difficult to sell. It makes sense for them to get mad at this type of inmoral product.
Always ready to help
  • #8,287
  • Dec 2, 2021 9:53am Dec 2, 2021 9:53am
Quoting Gobigfx
This is my 3rd challenge account where I could NOT get out of trades because their platform MT5 kept freezing. All-day long again today
Quoting Ross88
{quote} Are you prepared to release those videos here???
Quoting Nsak3y
Unfortunately, videos would not be sufficient, since you would also need to consider trader's internet, hardware, software, indicators and other settings that could be interfering etc., and all of that is assuming that the video has not been edited.
Quoting Takisd
{quote} be sure to show ping in the video as well.
Quoting pipmaster77
{quote} It is so strange that 99% of commercial members are anti-prop firm. I just cannot imagine why.
Hello everyone. I believe that this whole discussion was needlessly blown out of proportion. No need for any accusations both sides, no need for proof. No offense.
I can confirm mt5 freezes often. I, myself, had 5 platforms going every time it happened and only FTMO's broke...
But most importantly, FTMO acknowledges their mt5 freezes, and are working on it apparently. But this issue has existed for a long time so I do not know how hard they really are trying to fix it.
In my experience, they apologized and offered to reimburse if any loss occurs.
But the main problem is the stress and lost of hours caused by it. If I was them, I would offer more, like a complete reset offer with the choice of another platform. We pay for it after all, right?
Personally, I find highly unprofessional to not warn the trader at the moment of platform choosing. It is quite stressful when it happens. I have asked them to offer at least 2 platforms per trader, one for backup. They said no.
Apparently they do not have these multiple freezings on mt4 and ctrader.
I haven't experienced them on ctrader.
P.S I love FTMO
  • #8,288
  • Dec 2, 2021 10:35am Dec 2, 2021 10:35am
Quoting PaulMF
{quote} I would say that 99% of FF is anti-fake prop-firms. Just a reduced group of members support these firms: some newbies, fake members created by the firms, firms' staff and undetermined purpose members. Most of them are on my ignore list. Commercial members who post in this type of threads usually sell non-fanciful products that are difficult to sell. It makes sense for them to get mad at this type of inmoral product.
Great theory except for the fact that the members you speak of had FF accounts long before any of these prop firms existed. Stop making a fool of yourself. On second thought please keep making a fool of yourself. My morning tea wouldn't be the same without your infantile drivel.

Still waiting for ANY discussion on your "prop firm delete" thread regarding the list of 42 "real" prop firms. Don't get wrong, the boot licking Jota Paula love story is certainly entertaining but it seems NO ONE is interested in the real prop firms.
Pride always comes before destruction.... -Proverbs 16:18
  • #8,289
  • Dec 2, 2021 11:37pm Dec 2, 2021 11:37pm
Quoting leosfx
{quote}{quote}{quote} {quote}{quote} Hello everyone. I believe that this whole discussion was needlessly blown out of proportion. No need for any accusations both sides, no need for proof. No offense. I can confirm mt5 freezes often. I, myself, had 5 platforms going every time it happened and only FTMO's broke... But most importantly, FTMO acknowledges their mt5 freezes, and are working on it apparently. But this issue has existed for a long time so I do not know how hard they really are trying to fix it. In my experience, they apologized and offered...

I actually stumbled upon this site when looking for others who may have encountered the same issues. I've got to verification multiple times with FTMO to have MT5 freeze on me. Not only that, but there were times where it would hit my SL, but keep remaining open not allowing me to close out manually. I reached out to support multiple times to be told there was no problem. I gave them the benefit of the doubt and did another challenge for it to happen again..live chat finally admitted the issue and told me to email support who again denies the claim.

Wish I had a better experience as I have multiple friends who are funded by them so I know they're legit. Just a bit shady when it comes to admitting fault.
  • #8,290
  • Dec 3, 2021 2:44am Dec 3, 2021 2:44am
Quoting SteveC
{quote} I actually stumbled upon this site when looking for others who may have encountered the same issues. I've got to verification multiple times with FTMO to have MT5 freeze on me. Not only that, but there were times where it would hit my SL, but keep remaining open not allowing me to close out manually. I reached out to support multiple times to be told there was no problem. I gave them the benefit of the doubt and did another challenge for it to happen again..live chat finally admitted the issue and told me to email support who again denies...
Hey Man, do your funded friends use MT5 as well?
  • #8,291
  • Dec 3, 2021 3:43am Dec 3, 2021 3:43am
Quoting Ross88
{quote} Are you prepared to release those videos here???
Why do I have the feeling that his videos are as real as that police officer from Quebec with a thick indian accent that keeps calling me, asking me to give him my social insurance number and to send money to him via western union or else he'll show up at my door and throw me in jail?

Also, looking forward to taking on my challenge next month. Just the lowest one first to test the waters, then take on a bigger one when I pass and start making some serious moolah.
  • #8,292
  • Dec 3, 2021 3:51am Dec 3, 2021 3:51am
Quoting 4xNewGuy
{quote} Why do I have the feeling that his videos are as real as that police officer from Quebec with a thick indian accent that keeps calling me, asking me to give him my social insurance number and to send money to him via western union or else he'll show up at my door and throw me in jail? Also, looking forward to taking on my challenge next month. Just the lowest one first to test the waters, then take on a bigger one when I pass and start making some serious moolah.
Why do I have the feeling that you are exactly the sort of people that FTMO looks for.
Follow your guts, if you want to lose your money...
  • #8,293
  • Dec 3, 2021 7:28am Dec 3, 2021 7:28am
Quoting Koop
{quote} Hey Man, do your funded friends use MT5 as well?
Two use MT5 while the others are on 4 or Ctrader. I should say the first time I had an issue they were very quick to reverse my losses, but unfortunately later down the road that was not the case. Not sure what changed there.
  • #8,294
  • Dec 3, 2021 7:58am Dec 3, 2021 7:58am
Quoting JotaP
{quote} Why do I have the feeling that you are exactly the sort of people that FTMO looks for.
The kind that will invest a little and use the profits and the refunded fee to scale bigger? Probably NOT what they are looking for, but this is the correct way. Of course, money wise, much better value in the 100K + challenge and since fee is refunded it's irrelevant. Thanks for you contribution.
  • #8,295
  • Dec 3, 2021 9:00am Dec 3, 2021 9:00am
Quoting pipmaster77
{quote} The kind that will invest a little and use the profits and the refunded fee to scale bigger? Probably NOT what they are looking for, but this is the correct way. Of course, money wise, much better value in the 100K + challenge and since fee is refunded it's irrelevant. Thanks for you contribution.
Wow, you are advising to pay €155, double the competition prices, for a 10K challenge, trade at least 2 months to have money to pay for the 100K Challenge.
I may contract you to my financial advisor, if you are available.
Follow your guts, if you want to lose your money...
  • #8,296
  • Dec 3, 2021 9:30am Dec 3, 2021 9:30am
Quoting JotaP
{quote} Wow, you are advising to pay €155, double the competition prices, for a 10K challenge, trade at least 2 months to have money to pay for the 100K Challenge. I may contract you to my financial advisor, if you are available.
No, I recommend the 200K challenge, reinvest your refunded fee for another 200K, while simultaneously duplicating that at MFF. Then doing 1 more at MFF as they allow 3. At that point you have 1 million inequity, 112K in DD and ZERO, NADA, ZILCH money in the game. I think your financial advisor might like that. It just sounded as if he didn't want to lay that much out initially.
  • #8,297
  • Dec 3, 2021 9:32am Dec 3, 2021 9:32am
Quoting pipmaster77
{quote} No, I recommend the 200K challenge, reinvest your refunded fee for another 200K, while simultaneously duplicating that at MFF. Then doing 1 more at MFF as they allow 3. At that point you have 1 million inequity, 112K in DD and ZERO, NADA, ZILCH money in the game. I think your financial advisor might like that. It just sounded as if he didn't want to lay that much out initially.
I'm in the mood today, BRING IT ON naysayers!!!!!!
  • #8,298
  • Dec 3, 2021 10:04am Dec 3, 2021 10:04am
Quoting pipmaster77
{quote} No, I recommend the 200K challenge, reinvest your refunded fee for another 200K, while simultaneously duplicating that at MFF. Then doing 1 more at MFF as they allow 3. At that point you have 1 million inequity, 112K in DD and ZERO, NADA, ZILCH money in the game. I think your financial advisor might like that. It just sounded as if he didn't want to lay that much out initially.
You are becoming a little expensive to FTMO. A real liability, if they don't pass your positions to the market. Hopefully, they do.
Follow your guts, if you want to lose your money...
  • #8,299
  • Dec 3, 2021 10:26am Dec 3, 2021 10:26am
Quoting JotaP
{quote} You are becoming a little expensive to FTMO. A real liability, if they don't pass your positions to the market. Hopefully, they do.
TBH, I believe FTMO had diversified themselves to the point they have many income streams now. I have little doubt they will be able to continue to pay.
  • #8,300
  • Dec 3, 2021 11:44am Dec 3, 2021 11:44am
And honestly, the traders that are doing things the correct way should be flying under the radar anyway, causing no concern at all.
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