I am very disappointed about the new T&C (starting from 8th of December):
1. There will be 2 completely different entities / firms (FTMO Challenge and FTMO Trading Global s.r.o.)
2. Passing, without breaking any rule WILL NOT guarantee the access to a FTMO Trader account - as per 5.19: This does not guarantee your acceptance into the FTMO Trader Program. We are not responsible for you not being admitted into the FTMO Trader Program for any reason.
So, at the sole discretion of FTMO Trading Global s.r.o, even if you succeed & didn't break any rules in the FTMO Challenge you may ... or may not receiver an FTMO Trader Account. At their sole discretion ...
So you pay X $ for a Challenge, and even if you have succeed, you may not be accepted into the FTMO Trader Account, at their sole discretion...
This is called a legalised scam... And everyone should be aware of.
1. There will be 2 completely different entities / firms (FTMO Challenge and FTMO Trading Global s.r.o.)
2. Passing, without breaking any rule WILL NOT guarantee the access to a FTMO Trader account - as per 5.19: This does not guarantee your acceptance into the FTMO Trader Program. We are not responsible for you not being admitted into the FTMO Trader Program for any reason.
So, at the sole discretion of FTMO Trading Global s.r.o, even if you succeed & didn't break any rules in the FTMO Challenge you may ... or may not receiver an FTMO Trader Account. At their sole discretion ...
So you pay X $ for a Challenge, and even if you have succeed, you may not be accepted into the FTMO Trader Account, at their sole discretion...
This is called a legalised scam... And everyone should be aware of.