I think the FTMO agressive account is a better option here.
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-Maybe FTMO is better for long-term, stable accounts. The Funded Trader has a 400K account that might be better-suited for higher-risk trading. Not sure about their conditions, though.
{quote} I think the FTMO agressive account is a better option here.
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What's the point of the aggressive account? I never understood what it brings... for example... what is the difference between an aggressive account of 100k and a normal account of 200k... surely there will be something but I certainly don't see it
{quote}-Maybe FTMO is better for long-term, stable accounts. The Funded Trader has a 400K account that might be better-suited for higher-risk trading. Not sure about their conditions, though.
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Too bad they dont offer a trial. I might look into it. FTMO is definitely geared toward day traders who close positions everyday. the only time it's not is when you get a swing account.
I am a very experienced trader I started several FTMO $200,000 challenges starting over 8 weeks ago.
Some of them I failed legitimatly because of the rules so I accept that responsability.
HOWEVER
several challanges I failed because their servers had frozen and trades were not able to be exited in a timely manner !!!
In the case of these challanges the company apologized and offered new challange accounts.
I accpeted the new accounts on the basis of " IF the problems happened again (freezing platform) they would take care of it immediatly"
In the last 8 weeks I have wasted 4 weeks dealing with the customer support and PROBLEMS as the market has moved and many many missed oppertunities to pass.
Last Friday 3 days ago (more wasted time) the platform froze AGAIN making it impossible to mange my trades properly and I sent them a screen shot for proof. (see attached)
I have over 10 emails of FTMO accepting responsability for the platform failures and an email stating that it will be dealt with immediatly
Today they refused to re instate my last challange as per my screen shot proof. Look at the second screen shot you can see just how many times during the day the platform goes off line.
Up to now I was ok with the company but now I am getting VERY annoyed with all their excuses and wasting of time.
Ok so here goes. My experiences buying challanges I am a very experienced trader I started several FTMO $200,000 challenges starting over 8 weeks ago. Some of them I failed legitimatly because of the rules so I accept that responsability. HOWEVER several challanges I failed because their servers had frozen and trades were not able to be exited in a timely manner !!! In the case of these challanges the company apologized and offered new challange accounts. I accpeted the new accounts on the basis of " IF the problems happened again (freezing platform)...
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Sir I had same experience with their platform. Especially at US session open
{quote} Sir I had same experience with their platform. Especially at US session open
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This has been an ongoing problem for 8 weeks now and the company just stalls and wastes TIME until people just give up and buy a new challange but it only happens again and again
The company just responded to me saying that it was a short interuption for a few seconds and it might be on MY internet connection.
This is a very easy EXCUSE to use but what are the chances that after 8 weeks of the same problem its on MY end this time?
Sure it could be on my end but the probability is that they can just easily use this EXCUSE at anytime they like and you waste $1200 in a challenge again.
The other problem is they do not accept responsability that in a TIME based challenge that EVERY trade is connected to the next trade.
IF you are forced to mis manage one trade and it affects your equity balance on every trade after that.
You just cant say that the trade affected lost $1000 and return the $1000 loss to the account because you have a daily max loss and the next several trades are not going to be SIZED correctly because the first problem.
I can confirm that yesterday there was a dangerous server freezing at the most important time - opening of the NY session...price was frozen
and intermittently moving/not moving for the first 5 minutes - unacceptable.
I can confirm that yesterday there was a dangerous server freezing at the most important time - opening of the NY session...price was frozen and intermittently moving/not moving for the first 5 minutes - unacceptable.
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If we just standby and accept this companies lack of ability to fix the problem they never will.
We need more people to come forward and complain about this.
This is sad. FTMO is quickly getting a bad reputation and their lack of acknowledgment of the situation and doing right by traders is putting up a huge red flag. I HIGHLY recommend everyone inform all of the trading communities they are a part of spread the word throughout the trading community. We shouldn't have to put up with this and get brushed and FTMO not do right by traders. There's no reason why someone should have to pay for another challenge because FTMO technology failed. A trader should be able to start right back where they left off at. This is horrible. I'm informing all of the trading communities I am a part of.
This is sad. FTMO is quickly getting a bad reputation and their lack of acknowledgment of the situation and doing right by traders is putting up a huge red flag. I HIGHLY recommend everyone inform all of the trading communities they are a part of spread the word throughout the trading community. We shouldn't have to put up with this and get brushed and FTMO not do right by traders. There's no reason why someone should have to pay for another challenge because FTMO technology failed. A trader should be able to start right back where they left off...
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There are plenty of other companies that are catching up fast so lets see if FTMO can survive for much longer with this type of attitude.
Ok so here goes. My experiences buying challanges I am a very experienced trader I started several FTMO $200,000 challenges starting over 8 weeks ago. Some of them I failed legitimatly because of the rules so I accept that responsability. HOWEVER several challanges I failed because their servers had frozen and trades were not able to be exited in a timely manner !!! In the case of these challanges the company apologized and offered new challange accounts. I accpeted the new accounts on the basis of " IF the problems happened again (freezing platform)...
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I’ve never had this problem I’m in the US . Either way if your risk management was proper that wouldn’t matter either way . 200k account if you risk 200$ a trade you have to lose 100 trades in a row to lose the challenge, if you’re placing 50 trades a day and lose all of them you fail the daily drawdown requirement….. and if you’re placing 50 trades in a day you’re probably revenge trading. Make all the excuses you want man… seems like they tried to accept responsibility for what happened and you won’t let it down because you lost a few challenges. Sad to see people try to exploit a good company because they can’t follow their plan, at the end of the day they’re keeping your money because you keep doing the same things. If you did simple math you can see how easy it would be to pass the challenge with a few good trades.
{quote} I’ve never had this problem I’m in the US . Either way if your risk management was proper that wouldn’t matter either way . 200k account if you risk 200$ a trade you have to lose 100 trades in a row to lose the challenge, if you’re placing 50 trades a day and lose all of them you fail the daily drawdown requirement….. and if you’re placing 50 trades in a day you’re probably revenge trading. Make all the excuses you want man… seems like they tried to accept responsibility for what happened and you won’t let it down because you lost a few...
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LOL good luck passing a 10% profit with $200 risk per trade in 30 day on assets that dont even move .25% a day.
Your clearly a Shill for FTMO so stop trying to discredit the truth.
FTMO needs to make sure their platforms NEVER freeze that is what we are PAYING for and if they do freeze they need to make things right with their good paying customers.
ITS VERY SIMPLE, WE ARE PAYING FOR FTMO TO PROVIDE US WITH A SOLID WORKING TRADING PLATFORM AND IF THEY CANT DO THAT THEN THEY NEED TO REFUND US OR OFFER A NEW CHALLANGE ACCOUNT.
{quote} LOL good luck passing a 10% profit with $200 risk per trade in 30 day on assets that dont even move .25% a day. Your clearly a Shill for FTMO so stop trying to discredit the truth. FTMO needs to make sure their platforms NEVER freeze that is what we are PAYING for and if they do freeze they need to make things right with their good paying customers. ITS VERY SIMPLE, WE ARE PAYING FOR FTMO TO PROVIDE US WITH A SOLID WORKING TRADING PLATFORM AND IF THEY CANT DO THAT THEN THEY NEED TO REFUND US OR OFFER A NEW CHALLANGE ACCOUNT. SIMPLE !!
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I’ve already passed, wanna see my results ? Not a shill, just someone who is tired of everyone’s whining.
After I explained that I was unhappy with the customer support and failure to reinstate my account and that I would be aggressively making my case known on public forums they got back to me and said they wanted more details of my situiation.
They also told me they have froozen my account til further notice because I am making my case public. I did find this to be a little sketchy but I will keep everyone posted on the progress.
{quote} LOL good luck passing a 10% profit with $200 risk per trade in 30 day on assets that dont even move .25% a day. Your clearly a Shill for FTMO so stop trying to discredit the truth. FTMO needs to make sure their platforms NEVER freeze that is what we are PAYING for and if they do freeze they need to make things right with their good paying customers. ITS VERY SIMPLE, WE ARE PAYING FOR FTMO TO PROVIDE US WITH A SOLID WORKING TRADING PLATFORM AND IF THEY CANT DO THAT THEN THEY NEED TO REFUND US OR OFFER A NEW CHALLANGE ACCOUNT. SIMPLE !!
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what’s funny is I just made 200$ on a quick scalp off usd jpy while I was responding to your message. Anything is so able if you put your mind to it kid. It’s ok you’ll get there one day. Just keep grinding. I just posted proof that it’s do able. First phase took me 4 days, 3rd phase took me 5 days. And you say these asset classes don’t move .25% a day ? AUD USD just had a -1% day this week, you can trade indices, stocks, futures, and crypto… so there’s more than forex to make money.
