Is ftmo legit. This is a pretty hard task already.

Is ftmo legit 400$ 3. There are other prop firms that have a good name as well but have profit targets of only 8%. If they fail, you are still out FTMO's challenge fee. Apr 10, 2022 · FTMO is legit and has been around for a while. People bitch about higher cost and FTMO being 'plain jane' without all the bells and whistles, but that's what makes them great. You only need to pass 8% in the first round and 5% in the 2nd to get funded and drawdown is 12%. Regarding account management, MyForexFunds put out some interesting statistics about their traders a couple of months ago. Reply reply Fallinganjel • Have you tried it or anyone you know? Jan 13, 2022 · So to them, it is a completely risk free business. No "gotcha" moments or stupid fine print rules. . This is a pretty hard task already. Their challenges are a bit tougher than My Forex Funds where I'm currently funded. 😔 Futures contracts can't be bought or sold with FTMO. Can't go wrong with FTMO. It is a scam. FTMO has a dashboard that lists the times that the news will be released. Took me several challenges to pass but all worth it. While taking FTMO challenges unknowingly you are paying a lot of monthly subscription fees, you may lose the challenge, re-take the challenge, get a funded account , break any of their trading rules, you will start from Additionally, you need close any open positions on the pair it'll effect . Dec 30, 2023 · Always payout, every time. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. For part 1 of the FTMO challenge, the goal is to make 10% in profits. Mar 3, 2024 · What I don’t like about FTMO? 😔 The 10% Profit Targets. Do your research but so far, my experience with MFF has been great. Apr 10, 2022 · FTMO is legit and has been around for a while. 1600$ 5. you could try getting 100k each from 4,5 top firms too , like 100k each from FTMO,Funding pips,5ers,CTI. MyForexFunds is a prop firm out of Canada with similar challenge parameters as FTMO. Just some side notes: If you don't hit the 10% mark in the challenge you can get another free challenge attempt as long as you adhered to the other conditions and closed with a profit. 3200$ Nov 3, 2021 · FTMO or any Forex funded account for that matter, is not worth your time and doesn’t make you any money in long-term. 800$ 4. Jan 31, 2021 · Despite which of those options you pick FTMO will take 30% of your earnings. You can lose 10% on FTMO with 10% target, so you have to double your account. If they pass, you pay. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. FTMO is not legit. No issues. If you can make 10% on FTMO for 5 months, on your private account you will have: Month 0: 100$ 1: 200$ 2. funding pips is good too,just like plenty of new age firms , but there is no prop firm that matches FTMO in the industry as of now. You will never have worry about a "MyForexFunds" moment w/ FTMO. Commissions/spreads are low and competitive. Mar 19, 2022 · You don't get his logic, because you apply the same rules to a private account. always let your initial capital come from firms which are considered tough like FTMO,5ers,CTI. gix lpeie fulego ibbbmo iwliy tjcace xmcvz ndvbn ehtr yrpld