Best ftmo payouts reddit. FTMO should at least send a follow-up email after the payout has processed on what to expect next for the next month. M1 is made for those looking to build their wealth using powerful automation and topflight rates. Thanks for everyones help in finding a good prop firm. Looked into topstep and for me what I'm paying for is the challenge itself, and I'm happy to pay it. Journey to become an FTMO Trader might be challenging, but our educational Tools & Services are here to help everyone. Similar trade on FTMO did not slip, another trade I got stopped out when the price was 0. But you do get a payout. 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. I never hear about big payouts. But the normal payout is 70%. My 1st month I almost hit 30% using only the 5 min chart of apple. Got to give it to FTMO. Personally I think it's bullshit. FTMO themselves have refused such payouts. 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. Was surprised when the transfer hit my account wasn’t expecting it, but it’s legit. 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. Payouts always come and yes the delay is a thing. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. In the beginning of 2024, we interviewed our FTMO Trader Juan from Costa Rica. Traders in Africa also fared well, with Pascal from Kenya collecting the biggest payout of $74,229. 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). I also was funded once but I haven't traded since last year. 0. One thing these firms should change is the changing the payouts to daily. 4 Favorable Payout Ratios: Initially, you get an 80/20 payout ratio, with an easy transition to a more beneficial 90/10 ratio. Now let's assume you makes 10% profit/4 months based on FTMO standard. Our FTMO Challenge is the first step of our Evaluation Process. That's true. I got slipped 4. So I did the analysis of the best challenge to do for max profits over time. 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. 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. 39. In the other note I believe in every single one y’all who are trying to make a change. I am planning to get the $100K challenge but I kinda want to hear any recent good and bad feedback from actual passers. In this case. I’ve failed it and failed to keep up with the requirements which got it closed. I invoiced FTMO and got my money deposited into my bank account about 16 hours later. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. 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. 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. 1% risk and trade-copy to there "dispensable accounts" with 10x multiplier. 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. 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. Hi guys. I just wanted to know if FTMO is still worth it. 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 $1387 90/10 split not available at the start first payout is some time after passing (not on demand) along with only 100% refundable challenge fee With Apex, I got my first payout then my second payout then I had two payouts that I asked for at once, they said, I flipped, I never traded a micro, always a mini, then they said, flipping was because I was in the Trade for a couple seconds, I usually look for 20 ticks, which is five points, really does it take more than one or two seconds Yeah. This is where things get interesting. Just curious how it works. FTMO offers 90% payout for 2M. First let's talk about the maximum cap. Wish you all the best for 2024 bro, happy new year ( i know, its a little bit early for that, but maybe i forget it later haha). Consistency rules, varies from shop to shop, but designed to avoid payouts if you're playing windfall tactics (aka risk everything every day and try to hit 1-2 big trades). I think the difference is they are trying to prevent any major drawdowns. First 25,000$ of profits completely mine. It seems like FTMO and MFF treat their businesses like a casino while the 5%ers looks like they want long term traders. They're handling my account now and take another 40%. I got my payout in about 24 hours and it was already in Riseworks by then. But I’m still questioning if ftmo would do a full payout on such high profit. If you have 100k of course they will find a way to delay or even not to pay you. FTMO payout proof Prop Firms Units, Warrants and the best DD on Reddit. The amount of capital you get is great for easy money, given you pass and get a payout. How high in % was your first payout and how does it fell? :D Mate, last but not least. On-Demand Payouts: FTMO Traders can request payouts on demand, and these can be processed after just 14 days. Try to have less payouts and few good prop firm accounts . 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. Halfway there on the second challenge. This is already a generous profit-sharing model compared to many other trading platforms. Then the new month you start with your initial balance which is 300k. (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. I’d like to know what you guys think of it. So High 23 votes, 99 comments. $187,200 through bootcamp. I get to pocket the last 40%. 3 pips on USDJPY, no rollover no news, London session. 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. Trust the process and don’t give up. You can usually do that on the evaluation accounts, but not funded accounts. No stop loss requirement. I'll put it in the way I look at FTMO. 2 on FTMO. If you earned a total of 60% you will get a payout total of approx. 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. They'll trade there normal compounded account with 0. Best regards :) The best prop firm besides FTMO AID The Funded Trader In my option. Weekly payouts. FTMO is my favourite because they have the best spreads execution and track record of being a legit prop firm company. 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. Paid my CC off and took FTMO's $100,000. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. 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. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. 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. 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. In the Oceania region, Adrian from Australia had the highest payout of $87,690. FTMO is legit, and I assume they have a lot of very successful traders. Others are saying they got their accounts immediately or within about a day while I'm left in the dark for 3+ days. Ftmo looks to be the best fit for me. If you earned the same percentage on Hyper account you will get a total approximate payout of $97,200. I also only think you can fail the challenge once and lose your initial investment. And sorry for my bad english skills. 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. 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. I'm sure there are plenty of traders that earn them. 5ers has maximum cap 4M, FTMO has 2M cap. Their payouts are only 70/30 unless whenever you purchase your audition you pay an extra percentage to get the 90/10 payout. 14. Members Online. I know some people who can easily make 50-70% return each month. -Share FUNNY Trading . I guess that's where personal preference comes in because I'm perfectly fine with risking 0. 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. Explore the trading approaches of our most successful individuals, including a trader who has earned over half a million USD on his FTMO Accounts. 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. Very beautiful effort by you. Learn from one of our youngest traders and uncover the secrets behind achieving 15 consecutive payouts. Yes people lose their account mostly by not putting any stop loss in place. The real question is do YOU have a consistent and profitable method? That is the real question. Looking into MFF and E8 now too! Reply reply No profit target for payout; start on Monday get paid on Friday. MFF has the option of crypto payout (you can transfer to binance wallet i believe but havent tried it) or local bank via Riseworks. If this is the way it is, okay. No lot size limit. 1%-0. Finally, their payouts are extremely fast, I was expecting the usual 2-4 business days wait, but received mine within 24 hours. It is crucial to conduct research and evaluation of different firms to ensure the best fit. -ftmo's business model is based on the failed challenge fees. 9 pip spread on Tokyo session is unacceptable, I get 0. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. In Asia, Quang from Vietnam was the most successful, receiving $86,956. FTMO definitely isn’t a scam. 28. I passed my $200k FTMO challenge a while back and am close to payout. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. I noticed that their payouts for the higher tiers is 100%. Then, there's the other service I used to pass the challenge. Which one gives you more money? Second is the time it takes to scale your account. 9 pips away, also had the same trade on FTMO that did not get stopped and went on to take profit. 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. FTMO has 5 stars! Check out what 13,475 people have written so far, and share your own experience. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. FTMO take their little slice right off the top from payouts. 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. 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. 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. 2 Frequent Payouts Payouts occur on the 5th trading day, equating to about four times a month. 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. I passed, focusing on my risk management, not profit. FTMO pays back the fee for the challenge Step 1 – FTMO Challenge. I wish you all the best for your trading career and health. From MFF side, it was fast. - To be with other like-minded forex traders. 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. 25% per trade with Mentfx since they have unlimited time per challenge, as opposed to 2% per trade with FTMO's 30 day limit. 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. I’ve passed the first challenge for the $200k account. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. I tried to see how it goes via Riseworks, so I requested the payout there. Based on user reviews, ftmo, the5ers and tft are popular firms. I still think FTMO is a great short term idea. For Christmas I think they’re doing 90% payouts. 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. so let me clear things up: your trades never get placed in a real market. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. true. Anyone that has used it can you tell me how the payouts were and if you had any difficulties with them in any way. 5k M1 lets you earn, invest, spend, and borrow all on one financial platform. 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 . 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. On my funded accounts, I'll have to have 10 trading days with actual trades between each payout. 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. 3 Simplified Cashouts: The process for withdrawing funds is straightforward and hassle-free. Or maybe you have a success story you’d like to share. 4M with 50% payout is technically 2M with 100% payout. Articles, links, etc are all welcome. Their customer support is also top notch, I never had an unanswered email or an unhelpful live chat support staff. 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. Using excuses like "your trading style is too risky" even though they haven't violated a single rule. Seems the best strategy is to take profits when you can in order to not see those profits turned into demo money. I have traded at FTMO Trial failed one but passed twice. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. Once I receive a payout I’ll post a screenshot here. FTMO's 70/30. 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. seems like you guys have not understood how ftmo works. 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. Choosing the best prop trading firm ultimately depends on individual trading goal, preferences, and experience level. So this how the first FTMO payout went. 15 payouts in a row. But, on High Stakes you only get $57,542 total payout. kwjsi sjdwks bxdpcn hqxeya hes ilrp rumz has fjnspuj xfgupsvd