FTMO Review

4.523 · 225 REVIEWS

Prop Firm

Updated: Jan 27, 2021 · FTMO.com  · Is this your company?
FTMO

Details

Established: 2017
Contact: support@ftmo.com, +44 2033222983

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FTMO.com profile provided by FTMO support, Jun 13, 2018

We look for serious traders. We provide you a capital to trade with. Receive up to $100,000 account. You get 70% of profits. We cover the losses. Join today at FTMO.com

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4.523 · 225 REVIEWS
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Traders Reviews

Christopher N,
Boston, USA,
Nov 26, 2020,
Guest

Clearing up any doubts

Service use: Live

Length of use: 0-3 Months

FTMO is real and legit. They have some strict rules that you have to follow - max daily loss limit, overall daily loss limit, and profit limit, etc so you really have to be careful with risk management. Once you get past the first two verification stages, then the fun begins with a real account. They are legit when splitting profit (70/30) on a monthly basis and also return your initial deposit fee. Can’t recommend enough if you’re tight on cash and your looking to trade with capital.
  1 trader has found this review helpful
Milan, Italy,
Dec 23, 2020,
Registered user

Awesome company!

Service use: Live

Length of use: 0-3 Months

This is my third month as a trader for FTMO. So far my experience has been really really good. Once I passed the challenge and verification I received the real account pretty quick. On the first month of the profit share I received my challenge fee back and 70% of the profits made on my 20 000€ account. Second month, another 70%. My next profit share is on January. Really have nothing to complain about them, as payments are very fast and their staff is always there to answere any question you might have. 5 stars company!

Nov 20, 2020 - 5 Stars Started my 20 000€ challenge on september. After passing both that and the verification phase, I got my funded account. This month I received my first profit split via skrill (as requested) and the challenge fee as well. After submitting the invoice, I received my profits the day after so the payment was really fast. If you want to take forex trading seriously this is the way to go. I feel truly blessed to have found this amazing company.
 

Frequently Asked Questions

What is FTMO?

FTMO is a company that runs a program where traders can pay a fee to trade FTMO's real funds under rules set by FTMO and get paid with percentage of the profits they generate by trading.

Is FTMO good and regulated?

  • Is FTMO a good company?
Unbiased traders reviews on ForexPeaceArmy is the best way to answer if FTMO is a good or serious company. https://www.forexpeacearmy.com/forex-reviews/15019/ftmo-forex-training

Please come back often as company services are very dynamic and can improve or deteriorate rapidly.

Additionally, we'd recommend to check recent FTMO community discussions: https://www.forexpeacearmy.com/community/tags/ftmo/

  • Is FTMO regulated?
FTMO is not a broker. FTMO is not regulated or licensed by any government or non-government bodies.

In other words, there is no designated government or non-government body to supervise the activities of FTMO or to resolve complaints. .

Who can join FTMO?

FTMO doesn't require any qualifications from traders who want to join FTMO.

FTMO accepts traders from all over the world as long as they are willing to join.

What brokers does FTMO accept?

FTMO doesn't impose restrictions on the broker where the trading challenge and verification are carried on.

Traders have choices of their own brokers or the FTMO partnered brokers.

How does FTMO work?

3 main steps illustrate how FTMO works. Keep in mind, to participate this program, participants have to pay a fee.

  • Step 1: Challenge - Participants have to to succeed here to advance into the Verification stage. Prove their trading skills and discipline in observing the trading objectives and strict rules set by FTMO.
  • Step 2: Verification - Participants continue trading to pass the Verification and get ready for trading the FTMO's funding partner's capital.
  • Step 3: FTMO Trader - Participants become traders of the FTMO Trading firm. Trade and receive 70% of the profits generated by their trading.