Best ftmo payouts reddit
Best ftmo payouts reddit. Learn from one of our youngest traders and uncover the secrets behind achieving 15 consecutive payouts. FTMO payout proof Prop Firms Units, Warrants and the best DD on Reddit. 9 pip spread on Tokyo session is unacceptable, I get 0. Now let's assume you makes 10% profit/4 months based on FTMO standard. 3 Simplified Cashouts: The process for withdrawing funds is straightforward and hassle-free. FTMO take their little slice right off the top from payouts. 0. 5k M1 lets you earn, invest, spend, and borrow all on one financial platform. 28. Based on user reviews, ftmo, the5ers and tft are popular firms. Traders in Africa also fared well, with Pascal from Kenya collecting the biggest payout of $74,229. 2 Frequent Payouts Payouts occur on the 5th trading day, equating to about four times a month. Similar trade on FTMO did not slip, another trade I got stopped out when the price was 0. Wish you all the best for 2024 bro, happy new year ( i know, its a little bit early for that, but maybe i forget it later haha). Yes people lose their account mostly by not putting any stop loss in place. - To be with other like-minded forex traders. I never hear about big payouts. Also live account cant buy you a peace of mind since anybody would rather lose their funded account than blow their live account worth of $3. As you most likely know, there is no Profit Target once your trade on an FTMO Account, however, you can take advantage of our Scaling Plan to increase your balance by meeting certain conditions. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. Has anyone ever encountered problems after passing the challenge, like breaking an imaginary rule and whatnot or any payout problems? As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Since FTMO is now gone and that’s what I was planning to use, which other prop firm(USA) is legit? I know how they work and I understand the business model but I’m wondering if there’s anybody on here that’s funded 50-100k and has received payouts? Same here. Consistency rules, varies from shop to shop, but designed to avoid payouts if you're playing windfall tactics (aka risk everything every day and try to hit 1-2 big trades). I am planning to get the $100K challenge but I kinda want to hear any recent good and bad feedback from actual passers. I’ve failed it and failed to keep up with the requirements which got it closed. Very beautiful effort by you. Payouts always come and yes the delay is a thing. However when he made 90k they did not pay him out and Ftmo is ignoring his emails and support is not giving any helpful answers . I’d like to know what you guys think of it. Personally I think it's bullshit. Man i had the same payout last monday! my first one ever with Apex too! I know when you say "happy is an understatement" because this achivment is not about money, no no, it is not. And sorry for my bad english skills. FTMO offers 90% payout for 2M. I got my payout in about 24 hours and it was already in Riseworks by then. MFF has the option of crypto payout (you can transfer to binance wallet i believe but havent tried it) or local bank via Riseworks. 39. seems like you guys have not understood how ftmo works. On my funded accounts, I'll have to have 10 trading days with actual trades between each payout. So I did the analysis of the best challenge to do for max profits over time. Any help is greatly appreciated! I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. FTMO is my favourite because they have the best spreads execution and track record of being a legit prop firm company. -Share FUNNY Trading . FTMO is legit, and I assume they have a lot of very successful traders. Trust the process and don’t give up. If you prefer to keep your Profit Split on account to grow and accordingly build up your balance and drawdown buffer, you can do so. Now over 3 years later, I see that FTMO still exists and now they allow crypto alts trading (xrpusd etc) which is nice! I wanna hear from anyone that has been trading on a live account for a few months, how has your experience been, payouts, etc. In the other note I believe in every single one y’all who are trying to make a change. FTMO or MyForexFunds FTMO has step 1 10% step 2 5% with 10 trading days minimum MFF has step 1 8% and step 2 5% 5 trading days minimum Both gets you a free reset if all rules are respected and you are break even or in profits. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. Our FTMO Challenge is the first step of our Evaluation Process. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. This is already a generous profit-sharing model compared to many other trading platforms. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your FTMO Account by 25%, but you will be entitled to a 90% payout. FTMO has 5 stars! Check out what 13,475 people have written so far, and share your own experience. I get to pocket the last 40%. FTMO's 70/30. 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) along with only 100% refundable challenge fee With Apex, I got my first payout then my second payout then I had two payouts that I asked for at once, they said, I flipped, I never traded a micro, always a mini, then they said, flipping was because I was in the Trade for a couple seconds, I usually look for 20 ticks, which is five points, really does it take more than one or two seconds Yeah. I guess that's where personal preference comes in because I'm perfectly fine with risking 0. which is more than enough to pay out the traders that do make money (90%+ loose) They'll take a payout and some of it is put into a "jar" that goes towards high-leveraged programs. Ftmo looks to be the best fit for me. If you earned a total of 60% you will get a payout total of approx. Their customer support is also top notch, I never had an unanswered email or an unhelpful live chat support staff. Their payouts are only 70/30 unless whenever you purchase your audition you pay an extra percentage to get the 90/10 payout. FTMO should at least send a follow-up email after the payout has processed on what to expect next for the next month. Was surprised when the transfer hit my account wasn’t expecting it, but it’s legit. Paid my CC off and took FTMO's $100,000. Anyone that has used it can you tell me how the payouts were and if you had any difficulties with them in any way. They're handling my account now and take another 40%. Halfway there on the second challenge. Payouts should be on-demand -and allowed 1 payout per day (assuming you made a profit that day) as that is what it is with a regular brokerage account with real money--you can send a withdraw request every business day. I also only think you can fail the challenge once and lose your initial investment. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. These parameters work better for me though the5%ers has some compelling features depending on trading style! I know ftmo has a payout date for profits. Once I receive a payout I’ll post a screenshot here. -ftmo's business model is based on the failed challenge fees. 3 pips on USDJPY, no rollover no news, London session. 15 payouts in a row. SPACs 101: How do I Find deSPAC Redemption Levels?? All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. From MFF side, it was fast. Best regards :) The best prop firm besides FTMO AID The Funded Trader In my option. I still think FTMO is a great short term idea. I also was funded once but I haven't traded since last year. I think the difference is they are trying to prevent any major drawdowns. The trading period is the same for both risk setups, and the same fee refund applies here with the first payout from your FTMO Account. In the Oceania region, Adrian from Australia had the highest payout of $87,690. I just wanted to know if FTMO is still worth it. 5ers has maximum cap 4M, FTMO has 2M cap. Then the new month you start with your initial balance which is 300k. Looked into topstep and for me what I'm paying for is the challenge itself, and I'm happy to pay it. Hi guys. I'll put it in the way I look at FTMO. Journey to become an FTMO Trader might be challenging, but our educational Tools & Services are here to help everyone. So this how the first FTMO payout went. Try to have less payouts and few good prop firm accounts . 14. I passed, focusing on my risk management, not profit. Can anyone confirm that either they or someone they know directly actually received a large payout? My friend had a payout from Ftmo for 20k they did pay him out. 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 simulated trades performed via the FTMO Account when trading on our own account on real financial markets. Which one gives you more money? Second is the time it takes to scale your account. In the beginning of 2024, we interviewed our FTMO Trader Juan from Costa Rica. I say that because they have great customer service, cheaper prices than FTMO, great community and the owner engages with the the traders and does give a ways and discounts very often. But you do get a payout. FTMO themselves have refused such payouts. 1% risk and trade-copy to there "dispensable accounts" with 10x multiplier. I passed my $200k FTMO challenge a while back and am close to payout. Choosing the best prop trading firm ultimately depends on individual trading goal, preferences, and experience level. But the normal payout is 70%. Using excuses like "your trading style is too risky" even though they haven't violated a single rule. I dislike the drawdown rules but I understand they are there to kind of protect the trader and to get them thinking about risk management. How high in % was your first payout and how does it fell? :D Mate, last but not least. Others are saying they got their accounts immediately or within about a day while I'm left in the dark for 3+ days. But I’m still questioning if ftmo would do a full payout on such high profit. All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. But, on High Stakes you only get $57,542 total payout. No lot size limit. Thanks for everyones help in finding a good prop firm. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. Articles, links, etc are all welcome. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. This achivment is about all the struggle you passed before to get that payout Apr 28, 2024 · Default Payout Ratio: By default, FTMO offers a payout ratio of 80:20, where traders receive 80% of the profits they generate. That's true. I wish you all the best for your trading career and health. So High 23 votes, 99 comments. 2 on FTMO. But they operate differently from FTMO ones in the sense that they simply give 25x leverage on the capital put with them and 90% payout Reply reply More replies Concrossivie With my prop firm it’s 7 trading days to pass the test, and only 10 trading days to get the first payout, and you can get 2k worth of payout twice per week (50k acc, 4K per month for first 3 months) until it becomes no max limit on the 4th month. so let me clear things up: your trades never get placed in a real market. If you earned the same percentage on Hyper account you will get a total approximate payout of $97,200. Took a 9k payout thinking I'd just roll on a 10k account and I ended up whipsawing all over the place before bombing a 6k drawdown day and taking a big step back. Finally, their payouts are extremely fast, I was expecting the usual 2-4 business days wait, but received mine within 24 hours. M1 is made for those looking to build their wealth using powerful automation and topflight rates. This quick access Just remember less than 10% of people pass their challenges, and if that about 2% actually take any profits whatsoever ¯(ツ)/¯ if you’re rocking through even 10 challenges for one payout that MIGHT get you to break even it is an indication this is probably a waste of your time. The best-performing FTMO Traders can progress into our Premium Programme, where they can be employed as professional traders with fixed salary by Quantlane – a traditional proprietary trading company. It is crucial to conduct research and evaluation of different firms to ensure the best fit. I’ve passed the first challenge for the $200k account. I know some people who can easily make 50-70% return each month. Weekly payouts. $187,200 through bootcamp. It seems like FTMO and MFF treat their businesses like a casino while the 5%ers looks like they want long term traders. Looking into MFF and E8 now too! Reply reply No profit target for payout; start on Monday get paid on Friday. I invoiced FTMO and got my money deposited into my bank account about 16 hours later. The amount of capital you get is great for easy money, given you pass and get a payout. If this is the way it is, okay. 4M with 50% payout is technically 2M with 100% payout. true. I just worry that if the payout is too big, that's when firms get sketchy and make claims of broken rules or something to avoid paying. I tried to see how it goes via Riseworks, so I requested the payout there. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. You can usually do that on the evaluation accounts, but not funded accounts. Then some of these firms, including FTMO, will literally blackmail them (seriously I'm not joking) and imply that if you don't say anything online we may let you keep your accounts or give you a A place to discuss forex strategy, ideas, analysis, and concepts. If you have 100k of course they will find a way to delay or even not to pay you. Traders do need to keep in mind that the delay is most likely not with with the prop firm but with the banking system or the crypt network. I have traded at FTMO Trial failed one but passed twice. 9 pips away, also had the same trade on FTMO that did not get stopped and went on to take profit. 4 Favorable Payout Ratios: Initially, you get an 80/20 payout ratio, with an easy transition to a more beneficial 90/10 ratio. In Asia, Quang from Vietnam was the most successful, receiving $86,956. No stop loss requirement. I noticed that their payouts for the higher tiers is 100%. First 25,000$ of profits completely mine. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. I understand that even as a trader for them you still have a demo account and they use their best judgment to copy… Welcome to /r/Netherlands! Only English should be used for posts and comments. On-Demand Payouts: FTMO Traders can request payouts on demand, and these can be processed after just 14 days. FTMO pays back the fee for the challenge Step 1 – FTMO Challenge. (1% of risk per trade with 66% win rate) FTMO rules are far laxed compared to the firm I work for now but l manage a far bigger book and obtain bonuses and payouts. For Christmas I think they’re doing 90% payouts. 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. Just curious how it works. FTMO definitely isn’t a scam. First let's talk about the maximum cap. I'm sure there are plenty of traders that earn them. They'll trade there normal compounded account with 0. Members Online. Then, there's the other service I used to pass the challenge. In this case. This is where things get interesting. 25% per trade with Mentfx since they have unlimited time per challenge, as opposed to 2% per trade with FTMO's 30 day limit. A $100k or $200k (demo) account is already sizable, I don’t see a need to pad the account beyond maybe 10%, just as a buffer against the max loss (not max daily which is always there regardless of account size). You can also pay an additional percentage on top of it to be able to get a larger leverage pool and do not have to have preset stop losses so you can have an open trade and then manually adjust it. Got to give it to FTMO. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. 1%-0. The real question is do YOU have a consistent and profitable method? That is the real question. Explore the trading approaches of our most successful individuals, including a trader who has earned over half a million USD on his FTMO Accounts. My 1st month I almost hit 30% using only the 5 min chart of apple. Or maybe you have a success story you’d like to share. Seems the best strategy is to take profits when you can in order to not see those profits turned into demo money. Hello guys hope you are doing great I would like to ask you please about FTMO payout A friend of me requested a payout but they told him for some reasons ( i dont know them because he didnt tell me) they split the payout requested on 12 months. I got slipped 4. One thing these firms should change is the changing the payouts to daily. zrka xywlpfxh ijppt njaeq orvw msthi oizoi nmgrgw ngbaj muowzh