Details
Established: | 2017 |
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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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Traders Reviews
Great company, fast payout
great company that actually provides traders with real opportunity.
FTMO Good funded program
Service use: Demo
Length of use: 0-3 Months
Epic Prop firm!
Service use: Live
Length of use: 0-3 Months
10/10 prop firm with the best customer success as well.
Exceeded my expectations
Service use: Demo
Length of use: 0-3 Months
Hands down the best.
Service use: Demo
Length of use: 0-3 Months
Best for serious traders
Service use: Live
Length of use: 0-3 Months
May 24, 2019 - 5 Stars Just completed my challenge with FTMO. I had a good experience with them. Their Goals , Loss limit , and other rules are realistic. Also, their support staff is friendly and helpful. It is a good company to trade with and I would recommend it.
good company for traders !
Service use: Live
Length of use: 0-3 Months
FTMO is a very good way for profitable traders who need funding.
They answer the emails very quickly, their rules are only about risk management, they totally make sense, and are not limitating at all, they let you basically free to trade whatever you want and the way you want as long as you have a proper risk management system.
They have the best profit sharing I have seen so far (70/30), a very good buying power (10m with the 100k trading account), while some competitors would offer a very low buying power even if they give you a 100k trading account.
They have a good client area with a good summary of your progression and open positions, it is usefull, and they also provide some good daily stats about the dax for day traders.
In summary, I really like trading for them so far !
Unique programme
Service use: Demo
Length of use: 0-3 Months
They have a high profit split in favor of the trader, but more importantly they allow you the freedom to trade your own strategy.
There is no restrictions on how you trade as long as you meet the criteria of loss limits
I Have completed the challenge and am currently almost through the verification stage and so far it’s been a great experience!
Great Company For A Serious Trader
Service use: Other
Length of use: 0-3 Months
For starters, their customer support is beyond reproach and they are always very prompt in responding to any queries you may have and will do their best to solve any problems that you may face with your trading platform or anything else for that matter.
The trading challenge is a bit of a pressure cooker situation, as you are required to make a 10% return in one calendar month, which is basically 22 trading days. However, I assure you that it can be done, as I, and many others in the past have done so. The verification stage is considerably easier as the target is reduced to 50% and the time is extended to 2 calendar months.
One thing I would add is that this is not for complete beginners. You should have some trading experience under your belt before you take on the challenge, although they are very fair in that you are allowed to take the challenge again and again until you pass, provided 1) you don't break any of the trading rules and 2) you post a positive return at the end of the challenge.
The one thing that helps greatly is the max daily loss limit. This is put in place to prevent revenge trading, so once you are close to your daily loss limit, close out the losing position and stop for the day.
It is my opinion that FTMO is the best company to consider if you have some experience trading and are looking to get a funded account. They are very generous with their profit splits, and they are always looking out for you as a trader. Do keep in mind that ultimately, your success means money for both the company and yourself and for that reason, FTMO genuinely cares about your success, and contrary to what some have said, they are not out to make money from the challenge fees.
Highly recommended for any serious trader looking for funding!!
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.