Ftmo challenge reddit They do offer Ctrader as a platform still so I'll have to convert eveything to C# which will take time. It has a free trial that’s quite tough if you ask me. I forgot to mention that recently I checked out all of their LP’s spreads during the EOD and they don’t get anywhere near as high as what FTMO provides. You initially pay for a challenge account. As for the type of news, I'm not too sure, but you can check the Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to subreddit for discussing everything related to stocks, trading, and investment strategies. You will have superior account conditions in the form of our own FTMO account solution with very low commissions and raw spreads. And did my due diligence asking them (the ftmo team) multiple times if i was allowed to hit the 10% target before the 10 day minimum. At least for the FTMO challenge, they do include the amount of drawdown to your losses even if the trade is Is anybody in here funded by FTMO? If so, what account size are you using and in what ways has it positively or negatively affected your life? Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Started my FTMO challenge two days ago and went on a massive run and passed in two days P/L Porn DISCLAIMER: Risk management is not reflective of second phase and live risk I am very risk averse so 2% per trade is high for me. I was only targeting a 1:1 RR and leaned on a higher win rate for profitability. My experiences during both the challenge and the live account phases have been excellent. org hosts and mods the community and is a prop firm and Posted by u/watts8921 - 7 votes and 28 comments What a coincidence! 6 years of chart watching and I’ve never seen 500 pip spreads on GBPAUD in my life but somehow FTMO had them when I was holding a highly leveraged position. I’m very curious about this phenomeno, never took an ftmo challenge, would like to hear your thoughts and experiences. Daily loss was 1250 but mine was 1280$ Does this mean everything is over Welcome to FXGears. plus i prefer the tradingviw system Welcome to FXGears. FTMO Challenge: Day 1 . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! „I passed 3 times FTMO challenge 100 each“ ( but either I failed to maintain my profit streak or my headline I'm assuming you had some historical trades/track record you based your risk on going into the challenge. 200K on FTMO? At that point 1% is 2000, and 10% is 20000. The edge to collect all challenge losers money who are huge in number. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! This whole adventure has been a wild ride, and cracking the FTMO challenge with a bot I developed is something I'm really proud of. Controversial Posted by u/GoatedBum - 1 vote and no comments Welcome to FXGears. I see you are 3 days into the challenge and you had a day where you were down nearly 8% on your challenge. The idea of getting funded with FTMO makes it more appealing than trading stocks with my own money at the moment. Then you have to complete the challenge where you have to make 10% in one month while adhering to their drawdown conditions. First step is to forgive yourself, then reflect and see where you went wrong and implement new measures so that you'll do Welcome to FXGears. I also read some reviews on TrustPilot and it seems like the Daily drawdown is one of the main reasons why traders fail the FTMO challenge. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. Now im 5% Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I've been there, just keep an eye out for the risk you're taking. From the people I know, they’re usually aiming at around 3-8% a month so getting 13% should be around a bit more than a month, ofc there are people who also pass challenges within 1-2 weeks but speaking on avg id assume it Welcome to FXGears. I've been reviewing my trades. I am been doing the free trial and have the TA down ok. I submitted a claim. Basically, during the challenge and verification, news does not matter, but once you've completed it, it will depend on your account type. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Did FTMO increase there challenge prices? Prop Firms Share Add a Comment. If they pass, you pay. Locked post. Welcome to Ourinterest. So from my assumption it’s basically like the verification and FTMO challenge without a target. Account: 2090800614. There are 4 different challenge accounts you can pay for: $10,000, $25,000, $50,000, and $100,000. For this hedging process to work, you will need two accounts: a prop challenge account and a live account funded with a smaller amount. After a while it seemed better to simplify everything and just look at plain simple price action, I. It requires patience, time and discipline. I initially was avoiding I am recently also switching from trading options to forex. Recently I started to try out Prop firms and went with FTMO I tried a 10k challenge and passed and made it to a small payout. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Just passed FTMO challenge, how long does it take for them to give you the verification account ? Questions What I mean is that, FTMO have an email and chat support. For now this is the end of my journey with FTMO as those who have been following my progress know I develop an algo in the MQL language. I over traded and just went in complete denial over the fact that I had just lost a substantial amount. Should I go for it na ba? The only hesistation for me in mind is yung money na idedeposit ko for the real challenge lol. ) you really don't want to put all that work FTMO gives you a demo account with real life "features" such as spread between BID and ASK. The subreddit has not kicked you out or gone private. So far so good, but I got there in 8 trading days instead of the minimum of 10 trading days. After passing both phases, you start getting all the profit you make. 200k more to go. So good trader = guaranteed funding from prop tbh many people dont really have a choice aside from taking the challenge Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! How to pass FTMO challenge and which option is better . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Blown FTMO Challenge, but Progress Prop Firms Shame about the daily drawdown. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Ftmo challenge Questions Is anyone having a lag on mt4 while trading on ftmo servers? I have noticed few times where server just wont respond to log in or anything, when trades Welcome to FXGears. Thing is, if you can't trade successfully a 1k account, don't even try a prop firm. Today will be interesting lol. I don't think you're going to deny that an 85% winrate with a 10:1 average RRR for a profit factor of 61 is unsustainable. Around 90% fail the challenge, and those who pass, around 90% lose their account in a short time. I felt cheated and disappointed. ” So you could do news if you wanted to just to pass the challenge and get Welcome to FXGears. Share Add a Comment. 000 USD account and trying to pass challenge step on ftmo, it means, you have daily %5 DD, total %10 DD. Except with taking a prop challenge, you can pick the day when you're ready and if a lot of props removed a time limit, then even better. I lacked a clear I failed the FTMO challenge because my stop loss was not triggered due to FTMO site maintenance. You only need to earn 2. Hey guys. So for example, take the FTMO challenge, you’ll need to pass the 10% target. I recently took on the $200k FTMO challenge and decided to get some help from a specialized company. 357K subscribers in the Forex community. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! First level ftmo challenge on a 200k account a FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. For example, if you start with $100k, you must NEVER reach $90k or you lose your challenge. After having the funded account you don’t have any monthly profit target. New comments cannot be posted. I don’t know if I get the profit split of the challenge or not, I guess not but I don’t know. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hey guys, currently undergoing Ftmo challenge and up 5%, still holding a trade I can see me holding for a couple more days, If you make money on the Ftmo challenge account and Welcome to FXGears. Another point of view, Just position yourself as new trader - passing challenge on FTMO is regarded as an achievement of some kind and you would want to brag it here. Rish management is key, and you should aim for minimum 1:3 RR and risking no more than 1% of your Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! If I do not buy a new FTMO challenge, the advantage is that I do not need to forfeit the money that I paid for this Welcome to FXGears. Long story short, with their assistance, I was able to pass the challenge and meet all the requirements. I have tried the FTMO challenge a few days and got a very bad and unfair experience. Controversial. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! How long after passing stage 1 & 2 of FTMO challenge do you get real account? Prop Firms As the title says. I bought the 10k challenge and plan on working my way up to 100k and just using profits to scale up and pay for the next challenge Hello! I already passed ftmo demo trial for 14 days for 3 times already. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hey guys I just passed both phases on the ftmo challenge, and I must of change my name by accident a few yrs ago and now they are saying I breached the contract is there any You have mentioned you're profitable on your own and with a large sample size, so congratulations. Hi, just wanted to share this with everyone here :) I've been learning how to trade for about 2 years, I never blew up an account but I also never did any significant money always being break even and frustrated. Made a ctrader account with my personal email thinking maybe I can access the Go to FTMO_Forex_Trading r/FTMO_Forex_Trading • by rossquincy007. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO challenge experiment day 3 Prop Firms 34 trades and very small profit lol. Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to If you're ready to start your FTMO Challenge Don't forget New challengers can enjoy a fantastic 20% discount on all FTMO Challenges. I’m not saying its not hard. Seems to work so I'll see how it FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. Going for the 100k challenge next week If you traded your own $1000 for say 2 months like you mentioned (if we assume best case scenario for passing the FTMO challenge plus 1 month of profitable trading), you would end up with $2000 after the first month and $4000 after the second month. Both verifications took me more than 30 calendar days I believe slow and steady is the way to go with ftmo. 80 after all the trades hit my stop losses. Tiny risk and good mindset is the way to win. Utilize the Golf Clash Discord for questions and chatter. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! So I decided to try an ftmo 10k challenge. I think a lot of people don't realize that many of the traders that pass the challenge fail to make their first withdrawal because they fall off after getting funded. EUR/USD fu**ed up big time and now I have only 6 days to reach a large profit. Took the same strategy I use for my personal account but lowered the Welcome to FXGears. Challenge: Two-step program requiring 8% profit in step 1 and 5% profit in step 2, with max loss of 10% and max daily loss of 5%. FTMO's 70/30. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! If you reach your 10% you have reached your goal and move to the next challenge. Mind you the Hey friends, just looking into the FTMO challenge, this might be a dumb af question, but do they give you the 10k to trade with? Or maybe they just make you trade in a paper trading sandbox? A Reddit community for all things Last. According to MFF's own statistics around 2. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Just passed my first FTMO challenge by hyper scalping. Top. com challenge. 3 pips to reach the SL. Best Welcome to FXGears. I blew two of them after just one payout from each, and one of them I couldn't make a profit before losing it eventually. New comments But I realized in the end that if I do passed the challenge, then it's a free to use capital for me as I got my challenge fee back. I finally dit it. 09%, the profit factors are 3. Your refund will come with your first payout. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! So last month i ended up 8% in profit but the duration wasn't enough for me in the FTMO challenge, didn't violate any rules, so they gave another free challenge. Most people only lose the challenge because of too much risk and therefore the mindset takes a hit. :) you'll be in a much stronger position before taking on the FTMO challenge by testing first your EA on a demo account for a couple of months and save money, just my 2 cents . The subreddit for all things related to Modded Minecraft for Minecraft Java Edition --- This subreddit was originally created for discussion around the FTB launcher and its modpacks but has since grown to encompass all aspects of modding the Java edition of Minecraft. Or take advantage of the challenge extension. This caused me to fail the challenge. 32% and 4. I won't mention their name here. Hey dear community, I started yesterday an FTMO challenge (trial) with my Bot HyperGrid, I wanted to share my journey with you :) My Bot HyperGrid in action, it's based on Mean Reversion, that's why it's always working against the trend. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I'm taking the FTMO challenge, and this trade just closed with SL. I have just bought an FTMO challenge and I got my FTMO challenge login credentials from the clients panel. I would recommend improving your risk management before buying a View community ranking In the Top 1% of largest communities on Reddit. Share Sort by: Best. FTMO Challenge . Entry cost: $495, refunded upon passing. I'm definitely no expert and have only just passed the FTMO challenge after a year of studying and messing around. I'm only at the start of the journey as I need to do this for a while to make sure I didn't just have the world's best market conditions while I passed the challenge haha. Surely that FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. For example, I bought at 1. I was quickly off to a bad start, EURUSD was in a bearish trend, I had the bear in mind, but EURUSD turned bull, which is fine, no biggie- I This is why you tend to see "I passed the FTMO challenge (secret : after their 8th attempt)" posts and zero "3rd month in a row extracting an income from FTMO" posts. Essentially, the challenge is free if you succeed. 6 pips and still had 6. Articles, links, etc are all welcome. Ftmo ticks all boxes, if you check reviews etc they are mainly all good ones, Plenty of people use ftmo not sure on your progress with forex but take the free trials before spending out on a challenge to be begin with and get used to there set objectives and rules Welcome to FXGears. After paying the €250 to compete in the FTMO FTMO is the most reliable prop firm for obtaining funding. The Law School Admission Test (LSAT) is the test required to get into an ABA law school. Are you allowed to open a position when news is out within View community ranking In the Top 20% of largest communities on Reddit. My equity curve: https://ibb. org Reddit Forex_trades community. com's Reddit Forex Trading Community! Just wondering how any funded traders on here deal with the news rule on FTMO, that a trade cannot be left or entered within 2 min either side of the news release? I had a similar question but mine is during the challenge. Let's face it, a lot of traders fail and lose money and I admit it myself, if I hadn't used a trader to pass my tests, I probably would have lost money from the Welcome to FXGears. Prop Firms Share Add a Comment. If you can pass the ftmo challenge, that means you FTMO really doesn't like it when you risk a lot. I’ve heard about Prop firms and after massive drawdown in my personal account I said why not. Max daily loss and account loss are the 2 biggies. , whereas other people say FTMO, like 'all prop firms', make money through people paying for, failing, and repeating their challenge, and those who do pass are Welcome to FXGears. Not trying to be offensive, but it was dumb to keep trading let alone without a stop-loss at less than -$500 or without keeping track of how much you were down for the day. You need to study for it, practice, take notes and review them, learn with friends if you can and only try to take the test when you absolutely feel like you're ready. What was more difficult than expected during your FTMO Challenge or Verification? Psychology - I thought I had my psychology on lock having already been learning trading for a number of years. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I’m currently doing an FTMO challenge and I have a question about crypto contract sizes. Same with the 5% on the 2nd challenge. Can't trade within 2 minutes before and 2 minutes after. The FTMO rules ensure that traders are disciplined in their approach to the program which will enable them to achieve the best of results through acceptable methods. Prop Firms Posted by u/everythingnowmag - 1 vote and no comments Welcome to FXGears. I lose another £60 and I've failed completely. The following week I did really bad in my Forex funds challenge as I didn't adhere to the rules Welcome to FXGears. 7 and 2. "At FTMO - daily draw downs are equal to losses. Didn't work. Old. com's Reddit Forex Trading Community! Here you can converse about trading ideas The r/GolfClash subreddit is dark from June 12th-14th in support of the Reddit Blackout Protest. And looking where price moves to. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Passed another ftmo challenge. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. I have til may 22nd to hit my 5% target for phase two Ian’s I am currently down 2. This serves as a testament, however, of how badly designed the FTMO challenge is. Take your time, bad losing streaks happen to everybody. To hit your 10 day minimum trading days litterally enter and exit 1 trade a day at like a $0. Remember, in the market, perfection is elusive. FTMO is legit, and I assume they have a lot of very successful traders. Hey guys, I am currently doing an FTMO Challenge. Welcome to the r/FTMO_Forex_Trading subreddit dedicated to discussing strategies for passing the FTMO. I have gotten funded three times with FTMO before but this is the longest it took for me to pass the challenge this time around. Do not be tricked by fly-by-night firms offering cheap thrills. I can pass your ftmo challenge I’m only doing 5 spots . price negotiable depending on challenge size if I can’t pass it then you get your fee refunded (not your challenge fee Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. So, in order to keep the live accounts, I decreased my lot size by 50% from the phase 1 challenge level. As for risk management, a 1:3 risk-reward-ratio with just a 2% risk on solid trades was my golden rule. From FTMO/MFF Challenge to FUNDED Account [Prop Firm Journey] Been trading is this world call FOREX from 2016, developing EA/robot. Open comment sort options 126 subscribers in the marketscreen community. For forex pairs, the contract size is 100,000 which is 1 standard lot. I've narrowed down and will share some things that stood out and helped me succeed. Can you share your experience? Withdrawal process with diff payout Currently I'm doing the FTMO challenge and I got to the profit target. Most importantly, have fun! Your trading journey is a marathon, not a sprint. - To be with other like-minded forex Countless YouTube videos, Udemy courses, Google searches. After getting funded I ignored the trading plan and my psychology was in shambles. I love practicing with these challenges. You have to be profitable to be able to make money on their Welcome to r/FTMO_Forex_Trading! If you're here, chances are you're looking for some tips on how to pass the FTMO. Also I'm fairly sure FTMO gives you a demo account after you've passed the challenge, and then they copy the trade onto a real account so there may be 1 pip differences by the time an order is filled which in your case could be huge. Tried for a 10k challenge the other Welcome to FXGears. I have also started new challenges at other prop Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! It's been a week since I passed the Challenge and Verification stages with FTMO (yay). In the case of FTMO, you would have passed the challenge the first month and gained 10% the View community ranking In the Top 1% of largest communities on Reddit. to be fair, ok over-leveraging. many will suggest 1% or aggressive 2% or conservative 0. As for what prop funds are, google it. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I'm 0. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly as, in the future, we can use your Sorry OP but that's a dumb question. It's hard as I started ftmo challenge and my Forex funds challenge and in 1 week I passed ftmo. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Can i do the FTMO challenge using tradingview? Questions I dont really like the UI of Mt5/mt4, it hurts to look at for long periods of time. 5%+ per month to scale up the accounts every 4 months with ftmo (maybe other firms also). Or 2. Buying another 200k challenge to max out my 400k allocation. I have been trading since 2020 In order to become an FTMO Trader, you will have to pass our 2-step Evaluation Process. Things that helped me pass my FTMO challenge, verification, funding and payout . Step 1: The FTMO Challenge A 30 calendar day demo account where you will have to trade according to our rules. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I’ve used a bot and passed the FTMO challenge, the bot is bot mine but I purchased it and everything has been fine. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Passed my first FTMO challenge :) Prop Firms 8 View community ranking In the Top 1% of largest communities on Reddit. The FTMO funded trading program has specific rules that guide the traders in their conduct as well as describe the expectations and the targets that need to be met for traders to complete each stage of the program. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! There's a real mix of opinions out there, some people say FTMO is a great company to trade for as you get to keep a generous portion of the profits and get good leverage, spreads etc. 210k down. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Welcome to FXGears. I can't find the stats on how many traders have been funded for the year 2020 in FTMO. co/R6FLGqR (edit - it's not actually equity curve as it shows only the profits made and not the account balance) Welcome to FXGears. I also did the same with an account on my wife’s acct and had 100k x6! Posted by u/[Deleted Account] - 2 votes and 18 comments No. Add a Comment. Because every account you withdrawal from it’s going to say passing. Este serviço educativo, comprovado pelo tempo, beneficia ambas as Step 1 – FTMO Challenge. 00 lot trade and that started the losing streak. The price gapped down to 0. Without the weekends, you’ll get 20 trading days. In essence, less than 1 in 100 people who take a paid challenge survive until the first payout and challenge refund. I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. The real question is do YOU have a consistent and profitable method? That is the real question. I want to take the FTMO challenge for a swing account in August. 9%) of those survive until the first payout/refund of challenge fee. The have a $500,000 challenge account you can win if you purchase a $100,000 or higher challenge account. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I just recently got my first FTMO challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Go back in time and stop yourself from buying a FTMO challenge without a plan in place Reply reply Welcome to FXGears. Theoretically you could complete the entire challenge in a couple of days if you are good enough or get extremely lucky. Forex market inherently is tough to survive and add prop firm rules on top of it, the prop firms have all the edge. 5% risk and saw that it was doable within the 30 days but it depended mostly on the market conditions, luckily when I took the challenge markets were trending nicely and I passed the first phase within 13 days and the second phase within 6. FTMO and other prop firms earn their money on people failing challenges. They kept saying I had to wait till the 10 days are over and then i could reach the 10%. Keep trading sharp! Welcome to FXGears. Check out my shared screenshots with FTMO challenge stats for a closer look at the journey to success. I think this goes against FTMO's user agreement and ToS. I am just practicing and am close to the profit needed but I View community ranking In the Top 1% of largest communities on Reddit "my first FTMO challenge is going well so far, any advice or questions are welcome. New. 22 times failed the challenge. One thing you should know before taking this challenge is that FTMO requires steady traders. They have a long history in the industry, proven consistent payouts, and upstanding customer service. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hi guys , I've been trading for 3 years now and I'm getting ready to do the ftmo funded. Open comment sort Welcome to FXGears. Hello, So my idea is to take the challenge to gain some extra capital for trading. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I’m considering starting the FTMO challenge next week for the $10,000 account and was wondering if it’s a good idea. Wish me Welcome to FXGears. FTMO challenge . The truth is prop firms like FTMO have a balancing act to perform. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! 50K FTMO Challenge . Ftmo is a prop fund and u pay a fee to participate in a challenge. I usually trade my own money and wanted to know some things. My question is: Can I just open two positions on two separate days and close them right away for a break even, or will it be considered as "cheating"? Thanks in advance for your help! Def do FTMO, completing that challenge completely changed my life because I would’ve never been able to trade with 100kUSD without them. 00. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Passing my FTMO challenge Prop Firms Guys I told myself I'd pass that sh** again and Man Oh Man. I was in gain and their metrics were telling that I failed the max daily while at the same time I was in gains of over 1k. If you are a real profitable trader Welcome to FXGears. But the 10% per month is very hard with only a 10% DD allowed. While you, the trader, naturally want the biggest bang for your buck, prop firms simply can't offer massive accounts at rock-bottom prices. Open comment sort options. My idea is to use a scalper account that works good on demo but not on real account (slippage is a problem) to Welcome to FXGears. Thats why Seeing a lot of videos lately of people passing FTMO challenges on Youtube. 5% profit per week, 5 RR per week. A lot of traders have been able to make a good living by trading full-time thanks to FTMO. 5% per trade that’s one 1 RR trade per day. Please I think the amount of ppl passing the ftmo challenge and ppl who success in the markets are still on low side. FTMO challenge. Manage your risk. I took a 2. I am starting the FTMO challenge today. When you finally learn how to trade consistently and generate profits, the sky is the limit. A community to discuss your latest forex trades, tips, rumors, and advice. In this video, you can see all my past results. The first trade went at Welcome to FXGears. If i do not violate any of the trading objectives and end up in the positive consodering my account gain, I am eligible for a Hi, I've coded an EA, and I plan to run these 2 sets of parameters of the same EA. I feel the Started the Ftmo challenge really well, stage 2 is a different story . FTMO. comments these restrictions on trading during the restricted news events do not apply to FTMO Challenge or Verification accounts. I can demo trade just fine, I passed 3 ftmo trials one after the other. Don't panic towards the end of the challenge to meet the profit target by risking more. So, for example a common challenge is to do 8% in a month. 9% just goes to show To pass a propfirm challenge you’re required to have a total return of around 13% (usually 8% phase 1 & 5% phase 2). However, if you can do that, then you are in the game. I'm going through their trader verification process and am signing the contract under my I'm very proud to have just complete my FTMO challenge and I will share one of my favorite setups that I took to finish the challenge as well as 2 other examples of this setup that happened recently. The 2 major drawdown periods are plain and simply my fault. Must say I am now funded after passing FTMO challenge and also helping other traders out. If you're trading with a propfirm that has it's own broker ex: MFF -> TGG, FTMO -> FTMO, AFG -> AFG etc. FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. $100k is equivalent to Welcome to FXGears. and btw my win rate is close to 80%, I only take one trade a day those are just multiple TP or SL. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! Just hit 10% mark on phase 1 FTMO 10k challenge Currently undergoing the FTMO 10k Challenge phase 1 and safe to say I'm still in it. Sort by: Yep but mostly just gold for what i see on videos people use US30 to get Welcome to FXGears. And you must hit 10 percent profit. Q&A. Ourinterest. Late seeing this but this is really helpful anyone else got any other information they can give me regarding the FTMO challenge Reply reply Top 1% Rank by size . 10% target / 20 days = 0. etc. Today i finished my first phase of my 100k Challenge. I got upset that I closed the trade too early because I would have passed my ftmo challenge in that trade. Any Questions, feel free to ask. You'll keep failing. Couldn’t get FTMO to let me retry, have to buy another challenge 🥲 Locked post. Thank you for your replies I'm going to take part in the FTMO challenge soon but I'm not sure if FTMO lets you keep your profits during the challenge and verification stage. " comments It is more of a trap set by them, in the name of challenge or dare or whatever they want to call it. Best. A place to discuss forex strategy, ideas, analysis, and concepts. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Stop Loss and FTMO 100k challenge/trial Questions Hey all. 90 while the site was performing maintenance causing me to owe more than my stop loss. Prop Firms Hey everyone, i There's an interview with FTMO CEO where he mentions 94%trader fail the challenge. I have a Step 1 – FTMO Challenge. Let's say I took part in the $10K challenge, and met all requirements and have an ending balance of $12K, since I hit the target of $1K in 4 days. FTMO challenge's fees might seem steep at first glance, especially for prop trader hopefuls eyeing the larger account sizes. Looking through the trades since I triggered the challenge to start. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Forgive me but wouldn't it have been wiser to take up the challenge with the biggest account like for eg. On the 50 lot day, if your stop loss across those 5 trades was 20 pips each, your risk was equivalent to $10,000 to make $840. These companies make small fortunes because of this. If someone has a rough week or two then this is more likely to happen. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! -ftmo's business model is based on the failed challenge fees. First things first, let's start with the basics. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge Phase 1 Prop Firms Day 1 up 3% 200k account Locked post. I could see I was trading in a emotional state and felt very isolated. i’ve been reading posts and comments about FTMO’s challenge of 10% for 30days is ridiculously high. Next step for me is to fund a challenge for the largest account, and then trade that until I no longer need to work! Welcome to FXGears. It's all about mixing the old school trading We would like to show you a description here but the site won’t allow us. The rules for the Challenge Passing help you handle risk management better. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Do I get any profit during FTMO challenge? Prop Firms Say I turn my $10,000 challenge account that I paid $150 for, to $20,000 do I get any of that profit or just the $150 back I’ve passed a couple challenges and I hated them. View community ranking In the Top 20% of largest communities on Reddit. 12% overall DD, 6% . com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Please explain it like I’m five. Can't celebrate too much because I haven't pass the eval yet though Same thing with taking a prop challenge. Two Types of Passing Service: Single Challenge Pass and Contract Offer Single Challenge Pass: 650 USD fee (per challenge) Accept challenges until 2% drawdown Welcome to FXGears. Prop Firms Passed my 200k challenge today! Super pumped. com is a platform that provides traders with the opportunity to trade with real money and potentially join their trading team. Even fewer percentage (0. My view on copy trade is different, especially because we work with it. Hi everyone. That's how they make their money, and it's one of the best business models out there. However, doing the Evaluation Process with a profit target to reach within a limited amount of time really tested my psychology. I learned to trade with a family member and when I started 4 months ago I was reading the graphs really well and it was a fun learning experience. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. Verification done in 1 day. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly as, in the future, we One piece of advice for people starting the FTMO Challenge now. e impulse, corrective, impulsive etc. Esta abordagem permite-nos estabelecer contacto com os traders de uma forma mais flexível e independente. Why This is my opinion based on my experience with FTMO. Until then this is my last update weekly update until I either try a different challenge or continue this However I’m not sure if FXify or FTMO is better; here’s a breakdown: For the same 200k account, no time limit, 90/10 split, monthly payout - FTMO: cost $1387 90/10 split not available at the start first payout is some time after passing (not on demand) The Reddit LSAT Forum. This offers more room for loss compared to the other options, but has a higher entry barrier due to the multi-step process. However, it's been over 24 hours since I completed the challenge, and I still haven't received my login Passing the challenge is easy with a bit of luck but 99% of those who pass the challenge can’t manage to keep the account for more than a month since they would break the rules because they simply don’t know how to trade. com Challenge! CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. So once you withdraw your profit for those 30 days it restart like a challenge. If u pass the challenge you get funded with their money. Password: GDMUBF4. Just stick to the rules in then trading objectives from Welcome to FXGears. Paid for the FTMO challenge and was went the ctrader account credentials. Just because several ppl bragging it here, does not mean it is so many. É por isso que chamamos à FTMO a Empresa de Prop Trading Moderno. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Sorry to hijack your post but I need some help. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge update, their metrics system once again flagged an inexistent max daily loss violation, while the account both the balance and the equity were in profits. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge Prop Firms This made no sense but I found it hilarious and it’s also the reason I would probably avoid steering people to Prop firms at least this one Welcome to FXGears. 🙏 Share Sort by: Best. Cant wait for the downvotes on this Hopefully this post helps someone. If you are up a bit and have not many days So to them, it is a completely risk free business. If so, are there any tips/recommendations you all could o Reddit. 1% of those who take a challenge pass both stages. Don’t worry about it being a Challenge, just treat it like any other account with exceptions to risk sometimes. Only traded today!! Hi Everyone, I pass prop firm challenges. I'm not worried about the 5% daily drawdown limit, I know how to On my 25k FTMO Challenge it says the max daily loss is exceeded today but it never actually did, i never did at any point go into drawdown above $1,250, i had stop losses set for every trade and today i only lost $698. FTMO Challenge. We are currently recommending and standing by FTMO. I am risking 1% per trade of 100k balance, and based on the graph, it shows profitability with drawdowns of 2. The best place on Reddit for LSAT advice. 10 and put a stop at 1. 5% etc but ultimately you have some rules on the challenge that will have to be followed else its over. I explained my case, and even took the so called loss which did not equal what I was supposed to be losing. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. While I don't think the IP thing will be an issue (I imagine they have a lot of people running an EA on a VPS and also manually trading for instance. comments Guys you have unlimited free tries while during the challenge to pass it if you don’t break the rules but don’t achieve the profit target 10%. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! If we go to the minimal FTMO challenge that is marketed as a "$10K" account the daily loss limit is $500 and total loss limit is $1,000 and the fee they charge is €155 for a As promised yesterday, I applied for a paid challenge to publicly assess the FTMO challenge and resolve once for all all questions about legit or not Hey guys, I have seen some recent news about MFF prop firm, and now I am curious whether FTMO is in a danger being shut down too? I've finally achieved some consistent results on my demo trading and felt comfortable enough to start a challenge the last week, but now I am confused. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! FTMO challenge experiment day 3 To be honest I have received several payments from FTMO since I registered on FTMO, I was able to make 62 000€ (not including the fees paid to the professional to take my tests). com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! MY Forex Funds Or FTMO discount code source? Prop Firms Hi traders, anyone with a working discount code for either firms? Check out The Funded Trader. I did pass my FTMO Challenge in like a day with my first two trades. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Confused about ftmo challenge Prop Firms I see that my daily loss was exceeded though im in profit. Post any questions you have, there are lots of Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. View community ranking In the Top 1% of largest communities on Reddit. I did, when I was looking to take the challenge i practiced first using 0. 5% profit per day. Our FTMO Challenge is the first step of our Evaluation Process. Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I was down 9% on my ftmo challenge and caught a massive trade on gold. Awaiting real account. 59 respectively. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Hi guys I’m not new to Forex or anything but I’m planning on taking the FTMO challenge , but making 10% in 30 days (24 days if u take away weekends) is a lot I think If you make even a cent over the 10K capital, FTMO gives you a free retake. Went to the ctrader web version and tried to login with the info FTMO sent me. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Let's say, you have a 10. And if you get lucky and you pass, you won't hold the account for long. Open comment sort options Best; Top; New EA uses a well-calculated hedging strategy to either pass the prop challenge or recover the cost of the challenge (challenge fees), so you don't have to pay for another challenge if the first one fails. I've been trading for a fairly short time but I'm doing very well so far. If you pass the challenge then you'll move onto the verification. We deliver a Trade on the platform and you pay only if there is a profit. Prop Firms . They run these things like a casino and we know the house usually wins. If that’s the case then I will continue making trades. I have passed the initial challenge and I am currently trying for the verification phase. No challenge is based on balance or you could start with 50k, have a trade open that’s negative like 20k, and when it goes to 55k you close it and win the challenge. But if you start with 50k and get to 60k on a trade which then goes down to 52k you would not violate the terms as you’re not below the initial amount. Deposit the challenge fee into a brokerage account and trade it away. Prop Firms Greed got the better of me. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! FTMO 10K challenge . challenge soon, I tried the 100k demo account and I'm doing good so far (2 weeks in). Can funded account help with discipline? I have been thinking about it and started challenge, my thinking is that it can help me to stick to the rules as Welcome to FXGears. 4% away from failing the 10k ftmo challenge stage 2 Questions Hey everyone, I've recently got into ftmo, and on my first try, I passed the stage 1 of ftmo, onto stage 2 FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. Took a 70k FTMO challenge traded just gold, passed in 6 days. Same thing happened with my first ftmo challenge, I was £700 in profit. Thanks for the feedback, I plan to get a VPS and buy a small FTMO challenge to run the EA and see what happens for the next 3-4 months. 50 loss or slight win. I'm planning to get 100k usd funded account since yun ung talagang pinractice ko. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Do you get a refund if you fail FTMO Challenge? Questions Just wondering Share Sort by: Best. The spread is 3. FTMO & MFF Funded certificates Doing new ones this year follow my journey! u/wannabechampfx ADMIN MOD • The Secret to Passing ANY Funded Challenges using this 3 Step Strategy, sharing the strategy breakdown, the psychology and the thought process when doing a funded challenge. If the prop firm uses a third party, regulated broker like Eightcap, BBMarket, etc. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! FTMO doesn’t have time limit anymore, so I would decrease risk even more, risk so little that you can easily lose 20 or more trades in a row. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. So in my case, I reached a draw down exceeding 5%, but never an View community ranking In the Top 1% of largest communities on Reddit. Come at me reddit, tell me how shit I am, be as harsh as you want 👍. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! You should do the free ftmo challenge, they give you 14 days to get 5%. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. I was sticking to my plan, then one day I caught some good profits on news. When you pass each stage, the upgrade to the next stage is seamless, eliminating the Welcome to FXGears. So you get a new 50k account every time. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO Challenge account. Hi! This is the first time I do a challenge for a prop firm. I don't understand why my win Welcome to FXGears. x2 200k FTMO challenges x1 100k FTMO challenge You can see the progress. . I did the challenge myself. Reddit has made some changes in their billing for API calls that effect ALL of 3rd party developers that have alternate apps. So today I failed my FTMO challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I started my first FTMO challenge. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! Hey Guys, just passed a demo challenge in 5 days on FTMO, so happy! Welcome to FXGears. In the second challenge, I decreased my lot size 25% after the first phase. Can someone explain to me why the trade closed Welcome to FXGears. Uhum. I feel I was lucky with the first phase 1 challenge, but the second phase 1 challenge took 23 trading days. Your goal is to make 10% in 30 days, while never losing more than 10% of the initial balance. fm and scrobbling! Discuss the latest features, discover cool Last. Balancing FTMO challenge and job, August trading . Sort by: Best. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Just yesterday I lost my ftmo challenge account also. To give context I have been trading for 6 years profitable for the last two and have been trading with my own capital since. I plan on taking the challenge but it's definitely not as great as I thought it was. FTMO makes the majority of their revenue from bad traders who are stupid enough to fall into the above loop which is a large amount of them. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Completed FTMO challenge in 3 days with $80k account. You don’t get any of the profits from the challenge. I think that the FTMO trading is a good opportunity for traders to get good returns for a small amount. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Well, I just failed my FTMO challenge. The majority of challenge takers are not aware of this and are risking only 1% to 2%. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! When I passed the ftmo challenge and verification it only took a day or two for them to send the new credentials. which is more than enough to pay out the traders that do make money (90%+ loose) FTMO is demo account and just Desde 2015, o FTMO Challenge tem sido uma pedra angular das nossas operações, permitindo-nos identificar traders sérios. This time around I got another 10k challenge but exceeded my max loss and daily loss and still was allowed to move on to phase 2. Thus, it’s equity based. Check out the sidebar for intro guides. And little know fact you can take the test and pass up to 3 times hence having 300k or whatever ammt you take the challenge for x3. Just over 10 lots first 4 days and then 63 lots the last 2 days? That feels more like gambling . Prop Firms Almost close to reaching target on 50k FTMO Challenge. They're probably manipulating spreads, slippage & swap. You need to buy the challenge and then pass both phases. Look at what FTMO is doing right now. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! EVEN IF they can pass an FTMO challenge and provide you a funded account, YOU STILL NEED TO BE ABLE TO TRADE SUCCESSFULLY TO DO ANYTHING WITH THAT ACCOUNT. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO challenge Prop Firms Started my first FTMO challenge yesterday. My question is if any of you guys who have passed the first stage, failed the second one? Sorry to be the bearer of bad news but FTMO traders who pass the challenge are trading on a demo Welcome to FXGears. Risking 0. fm tools and utilities, share your taste Welcome to FXGears. Stop taking ftmo challenge. r/Forex. If they fail, you are still €250 FTMO Challenge. coemcvja bhokbsy mmkd rqky kkarhx bsmn lvhxsmz ndgv mynkig uxse