Ftmo payout proof reddit. Yes, my friend was able to get a $4540 pay-out from FTMO.


  • Ftmo payout proof reddit 000, they will payout the profit split every month or at the selected profit split date. You will find an option for cryptocurrency payout in your Client Area – FTMO Traders tab. RIGHT ?! we all get ourselves into jams and every good trader knows that losses are just a part of it. Ftmo has extremely bad slippage. My next prop firm would be FTMO or funded engineer. 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 What I'm wondering is, how does the payout for Folding@Home work? I've contributed 5400 points towards the LinusTechTips team but I don't understand if that means we will all be paid back out in banano automatically what we put in in points or if theres something else going on. And of those funded 50% blow the account before the first withdrawal ๐Ÿ˜‚. I'll ask him if he can share the proof here. firstly i already pass the 10% challange and 5% verification,,on 14 july i make about 660usd thats mean i have max daily los is 5600usd. com's Reddit Forex Trading Community! Does FTMO actually pay out their 90% profit? take up the challenge with the biggest account like for Edit pdf's and place your name, you won't last much on ftmo anyways, so at least get your fee back and some money on the payout and give up on prop firm trading before going bankrupt Reply reply My friend had a payout from Ftmo for 20k they did pay him out. Tbh MFF is okay, their customer service is kinda bad ngl but there is proofs of pay outs. I'm by no means bragging, I'm simply stating that FTMO is worth it and anything worth doing is hard. (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. 388K subscribers in the Forex community. So to them, it is a completely risk free business. 9 pips away, also had the same trade on FTMO that did not get stopped and went on to take profit. Who has some payout proof like, I feel like some of the payout proof looks not really that legit. 2 on FTMO. Then our desk fee for certain software and other trading tools was around $300 a month So if you're up 4% on a $500k account, you're up $20k for the month, your profit split is around $16k, you'll pay another $3200 in taxes and $300 for your desk fee. As long as you keep the challenge fee money aside, you can retake it again if you happen to lose it. This is where things get interesting. After 5 winning days of $200 each day (Only 0. My advice is if you can afford it, go for FTMO , if not MFF. Could you help us with your clone account size? And i really curious if you scale it up to >1-2M$, will FTMO do something with you? Thanks a lot for your answer. In this case. FTMO or any Forex funded account for that matter, is not worth your time and doesn’t make you any money in long-term. But in order to get it I need to pay 50$ (was reduced) . A prop firm that’s legit would have no problem with the pay out. I sent proof of the distance between my home and Walgreens (same building) and the Wifi connected to Walgreens with the IP Lookup proof attached. Focus, first, on getting your first payout at 2 - 3% of your account so you can get paid and get your challenge fee back, THEN you can aim to add extra points each month. Also keep in mind that if you do pass and get a funded account--currently payouts (with most firms) are only allowed once every 2 weeks which means the odds are in their favor that during those 2 week intervals you will either stop trading once you have a small profit to wait for your payout (as you cant withdraw profits daily), or you will 20 votes, 56 comments. Frauds Welcome to FXGears. If I blow the account (no matter how good you are, always good to keep in mind, even if empirical data suggests otherwise), then it's not a big deal because it's not a main source of income. Utilize the Golf Clash Discord for questions and chatter. Passed the first evaluation but failed the second due to emotional trading and holidays season. They make you pay up to 500€ in order to have a “trial period” and if you manage to pass it, they give you an account with up to 100k. Pay yourself first as it's not your money. 331K subscribers in the Forex community. That guy u mentioned is Art, 100k payout requested but in reality only 50% paid (50k). It is a contractor position and as such, income tax. FTMO's 70/30. He claims FTMO is a Ponzi scheme because they use the money from those who lose to pay out the accounts of those who win, ignoring the fact that even if they used all the money from all the losers, they wouldn’t be able to put together a single 100k account. Yeah. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. Aim for base hits before you think about homeruns. 5% per trade on live account. Will post an update with proof of the payout! Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. com's Reddit Forex Trading Community! Here you can converse… About FTMO. If they pass, you pay. 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. They paid me an $11K payout with zero issues, so to be honest, I doubt they would sabotage you over only a grand worth of profit. 210 votes, 81 comments. 100k in one month. Posted by u/Deploratus__ - 2 votes and 4 comments Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Do I have to close my positions overnight? Which instruments can I trade and what strategies am I allowed to use? you could try getting 100k each from 4,5 top firms too , like 100k each from FTMO,Funding pips,5ers,CTI. No stress trading on live account as we don't have time limit. FTMO developed a 2-step Evaluation Process to find trading talents. The maximum drawdown is the real account . Please DM the Mods with proof of portfolio margin to get verified and be able to post top-level comments. First payout is this week, which unfortunately will all go towards paying my taxes and bills for other shit lol. Then, there's the other service I used to pass the challenge. The proof of the accounts that they gave were that of challenge accounts. The5ers encourage consistency, that’s why they give 6 months-1 year for the trial period, and no time limit once you are funded. ok let me tell you this,how i got my account violated how they scam me,,i have proof. Their scaling plan of 10%/4 months is more realistic. It took me 2 days to pass the first stage, 4 days to pass the second stage. FTMO take their little slice right off the top from payouts. I don't know which prop firm this is, but FTMO has the highest entry barrier as far as I know (10% profit in a month). A prop firm like FTMO isn't actually giving you any money, a "funded account" with them is really a demo account. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. We then pay them millions of dollars per month from their proceeds. Is not . Please note that your status (Natural Person, Legal Entity) will be based on the option you selected during your first order purchase, depending on If you read it correctly. All of this seems completely fabricated to deny me my first payout. Or trade a small capital and grow it to afford FTMO which is what I’m doing now Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. Trying out funding pips as I saw some positive reviews on reddit, if they don't give me a satisfactory reply I'm probably gonna file a My guess why it is so low: reaching payout means having to pass three quite high tests in a row, obviously somewhere along that line almost everyone stumbles. $187,200 through bootcamp. Real fuking hard. M U. com's Reddit Forex Trading Community! Here you can converse about… So I decided to try out FTMO. We would like to show you a description here but the site won’t allow us. Remember on ftmo you get an extension if over 5% I think it is. 242 votes, 229 comments. They'll trade there normal compounded account with 0. Let's say you've been trading with FTMO for a year. But, on High Stakes you only get $57,542 total payout. 4% per day on a $50,000 Account) you would be withdrawing $500 minimum by the end of week one or week two completely regaining your ROI on the Account and then some. You can find plenty of payout proof for FTMO, MFF, TFTP and others. Halfway there on the second challenge. He’s a private guy so I can’t share any of his recent ones but this is one from 2022 How can they afford to pay you a salary if they give you back 100% of the profits ? Another question is slippage and spread, I mainly trade indices (SPX500) with a good consistency, but my strategy aims to capture 0. If I understood them (because their website is all over the place), it's x$ a month, but only for v days, after which it's y$ a month, but if you pay it from your trading profits its z% off, and you will always pay 20% on what you make. my order of preference is FTMO > 5ers = CTI >FP (have experience with all firms , never had an issue with any of them) I'm risking only 0. So I did the analysis of the best challenge to do for max profits over time. -Share FUNNY Trading Posted by u/THE-KING-italy - 96 votes and 215 comments What is the FTMO payout policy?. 22%. And when you pay for a”100k” account you are only paying 10k since if you lose 10k you’re done. Posted by u/ThePonderer84 - 2 votes and 12 comments Got my payout of $4000 denied by these guys, and the reason the give is that I had 4 trades that were highly similar to other traders. I gotta say, the markets have been pretty easy to trade lately. This is similar to my first payout with them. You can pay for an FTMO Challenge via bank wire transfer, debit/credit card, cryptocurrencies, or Skrill. And the the account Raul used was $300k. true. 3 pips on USDJPY, no rollover no news, London session. The max daily loss is the thing you need to watch out for. Similar trade on FTMO did not slip, another trade I got stopped out when the price was 0. Currently trading 200k and once I max out ftmo I'll look for others prop firms to get more AUM but until then ftmo is the way to go for me. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. First 25,000$ of profits completely mine. We deliver a Trade on the platform and you pay only if there is a profit. 10%/month like FTMO is not realistic imo. Welcome to FXGears. Our records indicate that you can definitely afford to pay for an extended warranty through our company. 2 days ago ยท 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. FTMO is demo account and just a trading tournament with a winning edge for the company. The relationship between an FTMO Trader and FTMO is based on the FTMO Account Agreement that we will sign with you after you pass your FTMO Challenge and Verification as well as the KYC/KYB process. Congratulations! It’s a great feeling. 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… The r/GolfClash subreddit is dark from June 12th-14th in support of the Reddit Blackout Protest. after seeing the proof, I am able to recommend them over other trader scouting services. I get to pocket the last 40%. So why pay them when I can trade with my own money? I know ftmo has a payout date for profits. FTMO payout proof. Your starting account of $100k now sits at $400k as you've chosen to keep… Took me an average of 1. 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. 97% of traders lose money just using their normal broker. Ftmo will take 10-20% of that profit and the payout you receive will be 80-90% which will make the total amount you receive around $100k. I just got slipped 4. It’s legit. Almost close to the 600$ drawdown. Each to their own - One person may see it as a 'flex' another as 'inspiration' Posted by u/EpikHllo - 9 votes and 27 comments Posted by u/tryui18 - No votes and 8 comments Shit, even with a payout ratio of 3, 50% wr and 20% loss PER trade the ROR is 0. Just remember less than 10% of people pass their challenges, and if that about 2% actually take any profits whatsoever ¯(ใƒ„)/¯ 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. I see a lot of people passing the FTMO challenge and doing their first withdrawal - very rare to see someone that is still showing their progress after 6months+. Atleast FTMO is transparent (one-time fee, that you get back if you pass, and 30% comission), and have got a Hedera is a decentralized, open-source, proof-of-stake public ledger that utilizes the leaderless, asynchronous Byzantine Fault Tolerance (aBFT) hashgraph consensus algorithm. Once I receive a payout I’ll post a screenshot here. 10 votes, 30 comments. I tried one of the 50. EST in order to claim your 20% off car extended warranty discount. com, a trading forum run by professional traders. If you have 100k of course they will find a way to delay or even not to pay you. I’ve passed the first challenge for the $200k account. Yes FTMO does payout here’s a payout from a good friend of mine who is max allocated with FTMO. What a deal, they’re so kind people Reply Just use ftmo man I think 5%ers are legit also. * Due to imposed fees for payout transfers, there is a minimum closed profit requirement of at least $20 for bank wire and $50 for crypto withdrawals, to cover the They pay out small amounts regularly under the agreed radar but larger above the radar they reject argue reduce & censor if not ban u. Any Canadians with FTMO that can help? I was expecting a profit split from FTMO via bank wire, but apparently my bank canceled the transaction(per… hlo brother i have researched alot about this topic and gained so many crucial things how it actually works, first of all i wanted to tell you that it's completely legal in india , because this is like a freelancer where you are provideing your services to a person or a firms , and you even sign a contract with them via deel where you recieve your payout via various payment mehtod , bank •FTMO Swing Account: no longer need to close trades for the weekend and, once you've passed both the challenge and verification, if I recall correct they also dropped the requirement of minimum 10 trading days a month - i. lets say 1,000 people take a 100k challenge for $500 that's $500,000 in fees, now, 30 people passed and make it to 10% in profit to be paid out, that'll be $300,000. I just lose the ability to get full moves because of FTMO's restrictions. However when he made 90k they did not pay him out and Ftmo is ignoring his emails and support is not giving any helpful answers . 000$ . Drawdown was 600$. My view on copy trade is different, especially because we work with it. Upon successful completion you can get an FTMO Account with a balance of up to $200,000. Taking next to no risk this week. The subreddit has not kicked you out or gone private. What is also really interesting is that the challenges are easier to pass. Reddit has made some changes in their billing for API calls that effect ALL of 3rd party developers that have alternate apps. 3 pips(its a lot for me as I'm scalping with 6-12 pips stop losses), while on FTMO my stop loss order hit with no slippage, made sure there were no news events or rollover spread too. Thats crazy and i didnt include commission. Some of my members payout proof with the funded account tha we passed ๐Ÿ”ฅ More to come Those who are really skilled and experienced can make very good money through FTMO without risking their own capital. Once I got funded live, took me about a week to hit $20k profit on the $200k account. I had an 80% profit split with the firm and would pay another 20% or so in taxes. They'll take a payout and some of it is put into a "jar" that goes towards high-leveraged programs. i'm in the same boat and i can kill - but i'm also human and can get off track - i recommend thetradingfloor for a supportive community - and they offer indicators and genuinuely help. The answer is only people who have gotten a payout know… and particularly people who have had big payouts exceeding 50-100k. But I’m still questioning if ftmo would do a full payout on such high profit. They don't have to scam. Then after you pass you pay an additional 80$ then another 250$ when account get activated. A €400 traded suddenly became a €470 trade lol. This is because as part of the ftmo contract agreement that you sign when you have an account, you are providing a service to the company and thus they then pay you for said service. If they fail, you are still out FTMO's challenge fee. S. They give you any reason not to be paid out. And they don't have tat minimum 3 Profitable days to get payout rule, which is in 5%ers and sucks. Yes, my friend was able to get a $4540 pay-out from FTMO. I guess time will tell as FTMO matures and more traders are funded. Please reach out no later than 1:08 P. I've tried another firm think it was funding made simple and they pulled my challenge after a tough week of trading (was like 3% profit though) because of some payment bs. If you earned a total of 60% you will get a payout total of approx. the deal was get nothing or do a video saying u made 100k Is an open secret all the firms do it to my knowledge. Due to regulatory reasons, bank transfers are not available for payments/withdrawals in the case of the following countries: Venezuela, Cuba, Sudan, and Ukraine. After your first payout with FTMO you basically are playing with house money. Try to have less payouts and few good prop firm accounts . Btw I bought funding pips challenge instead, their trading conditions are really good, it's simulated funds tho, unlike 5%ers. after i close all positions in loss the account matrix tell me i have about 200usd left max daily loss. i'd be willing to bet they're not so great anyway. 9 pip spread on Tokyo session is unacceptable, I get 0. 8% target with 12% max drawdown, compared to 10-10 with ftmo. There is always that worry in the back of your mind that this just isn’t going to work somehow, it’s not going to hit my bank account. I passed my $200k FTMO challenge a while back and am close to payout. soooo funded trading plus will do a instant payout your . FTMO’s payout policy specify that traders can withdraw profits starting 14 days after their first trade, with withdrawals available on-demand anytime between 14 and 60 days. My opinion would be go for it, but be disciplined and use it to fund your personal account to a good size account (10k, 25k, 100k, whatever you're comfortable with). MyForexFunds is a prop firm out of Canada with similar challenge parameters as FTMO. The other one they claimed was "another person" is a Walgreens I live above and the Wifi connected to it as I walked my dog. - To be with other like-minded forex traders. They publish the numbers and most fail the first or second stage (free money) then after even the funded will lose the account within a few months. I know, personally, north of 5 traders (who don't care to post online) who have taken out 5 figure sums from FTMO thus. Its a money printing machine on the biz side plus you can piggyback/sell the gem traders. e. Do you have any questions about our Challenge or Verification process? You are going to find all the answers here! If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. Then the new month you start with your initial balance which is 300k. Now let’s say in 30 days of trading that account he makes 30-40% total which is $90k-$120k. Highest payouts in the regions Posted by u/ninobrowne - 1 vote and 2 comments Forex can get you a lot of money if you are patient enough to learn You can also get capitalized by companies like FTMO I’m also a ftmo trader and I really appreciate them They are paying me 70% of the profits I make and the profit split is every 30days without any issues to this day 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. 0. 1% risk and trade-copy to there "dispensable accounts" with 10x multiplier. If you earned the same percentage on Hyper account you will get a total approximate payout of $97,200. I know some people who can easily make 50-70% return each month. 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! ---- /r/Forex is the official subreddit of FXGears. Personally I got some small pay-outs from prop firms, but unfortunately I wasn't able to get a payout from FTMO as I switched prop firms after I failed my funded account. 35% moves in the market (before leverage) with a 2:1 RR on an intraday basis. The scam ones may pay out small amounts, but will make up every excuse on the book not to pay you big pay outs. . So High I got slipped 4. They're handling my account now and take another 40%. When you are choosing a payout channel, a new option will appear, called Crypto . Reply reply Opposite_Spinach_239 Hedera is a decentralized, open-source, proof-of-stake public ledger that utilizes the leaderless, asynchronous Byzantine Fault Tolerance (aBFT) hashgraph consensus algorithm. and 7 minutes they Agreed. 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. Thus, during our time on the market we have been able to create more than 138,000 FTMO Accounts for our FTMO Traders. 92% of people blow the account in phase 1, of the remaining 8% another 75% fail in phase 2. You can withdraw your profits in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), USD Coin (USDC on ERC20 Network) and Tether (USDT on TRC20 Network). Even after successfully making a profit and requesting payout. That means only 2% make it to the funded stage. Even fewer percentage (0. That being said, ftmo recently made available extensions if you are close to the target and from day one even if you don't hit the target within 20 trading days you will get a retry anyway. 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. Also, when your funded you trade on a live account without slippage. always let your initial capital come from firms which are considered tough like FTMO,5ers,CTI. In essence, less than 1 in 100 people who take a paid challenge survive until the first payout and challenge refund. Members Online June 16, 2023 Weekend Reflections Thread - What happened last week? I passed, focusing on my risk management, not profit. If it’s your first payout you will get the refund of the initial payment of the challenge as wel. It doesn’t matter how much money you make on the funded account, it can be $1 or $100. 5 months per scale up. 20 to 0. Have you had a payout yet? I’ve had a great experience with MFF but think it’s a good idea to have funding with multiple firms. Essentially once you pass their exam, you go through their identity verification process and sign the contract and they provide you with the login credentials to the account that's linked to their live account within 1-3 business days. 9%) of those survive until the first payout/refund of challenge fee. I've seen it myself. once you're a full FTMO Trader, you can even go on an entire month without trading at all if unforeseen Posted by u/ricardomarinho94 - 53 votes and 116 comments o Reddit. It is governed by a diverse, decentralized council of leading enterprises, universities, and web3 projects from around the world. 12 votes, 82 comments. Still very happy with my results. They use you as a consultant and may take the trade themselves or they may just pay you with the money from people that lost a challenge if they don't take the [winning] trade. 5%ers 20k aggressive account update its being a good week. Regarding account management, MyForexFunds put out some interesting statistics about their traders a couple of months ago. uuv xntwkyc eytfi hzwbyk ysofu kdysec ioix emxoow hbmww jjqfgtxp