Details
Established: | 2017 |
---|
Contact: | support@ftmo.com, +44 2033222983 |
---|
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
Video
Your company video here? Contact ad sales
Traders Reviews
FTMO leading the way
Service use: Live
Length of use: 0-3 Months
Customer service is world class.
If you’re a consistently profitable trader but lack capital, FTMO is the perfect Prop Firm for you.
Risk and Profit objectives are very good!
I still can't believe this is real!
They paid me my profit split and fees back 100%
Service use: Live
Length of use: 3-6 Months
Great Prop Firm
Service use: Live
Length of use: 0-3 Months
Legit company
Service use: Live
Length of use: 3-6 Months
Incredibly easy to work with, very smooth process. Very greatful
Sealsey
Service use: Live
Length of use: 0-3 Months
Nice and straightforward, looking forward to continuing to work with FTMO moving forward.
Bad Servers
Service use: Demo
Length of use: over 1 Year
My issue:
The ftmo servers are not good. This is the third time I can remember since they’ve migrated to new servers that they’ve crashed. I was in verification phase and was trading bitcoin on Sunday. Equity was up to $102,800 and I tried multiple time to close. It wouldn’t close and eventually hit my stop loss.
Here I made a great trade and put myself back into position to pass. It’s Friday and still no new account or anything. Barely even any response through email support. They acknowledged it but aren’t willing to replace my verification account.
If you have bad servers AT LEAST help the customer.
Overall it’s not a bad company and withdrawals are fine. But the way they go about things on customer service side of things are bad. Servers aren’t good at all and if they can’t help me when these issues arise, I’ll not have much faith in this company moving forward.
A very solid and good prop-trading company
Service use: Live
Length of use: 3-6 Months
I would like to share my experience with you. I paid the fee and received my challenge login credentials. I chose the 80k Challenge. In the beginnings I had many questions regarding trading days, profit split, how many account per trader etc. but the support team responded very quick and prompt. Any question you have you can ask just email them and within 1 or 2 days max you will receive a reply/answer. After passing both challenge and verification phase I got a real trading account with 80k Euros. My first profit split was this month and 2 days later I received an email from the FTMO support team whether I would like to payout my profits or not. The whole process did not even took that long and I received the money on skrill within three days. So now I am trading the 80k account and got my start fee back. I am very satisfied with the company and would recommend it to anyone who wants to trade seriously with proper risk management, because no matter what, it always come down to your own trading behaviors.
A few words about trading with FTMO:
the spreads are good and tight. Since I am only trading EU and GJ pairs I can tell you that the spreads are very low e.g. EU 0-3 points and GJ 3-9 points but as you it varies and depends on what day and how volatile the market is. I never experienced any kind of slippage caused by the broker himself or a trade that was not executed. So far all my limit orders have been executed and all my trades were closed at the price I wanted it (sometimes the news would cause a little slippage but you have to look at another brokers and you would notice the same kind of slippage)
If you still unsure about FTMO you could try the demo/free challenge, if you a beginner trader I would suggest to try to pass the free challenge three times first.
The only thing that will make or break your trading is risk management. If you break the rules of maximum -5% a day or maximum -10% drawdown overall you are out, but with a proper risk management you should not be able to blow it all in just a few trades.
Less is always more.
Best regards
Andreas
EXCELLENT
Service use: Live
Length of use: 0-3 Months
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?
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?
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.
Service use: Live
Length of use: over 1 Year