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 $100,000 account. You get 70% of profits. We cover the losses. Join today at FTMO.com
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Traders Reviews
UPDATE REGARDING PREVIOUS POST . TECHNICAL ERROR
Service use: Live
Apr 14, 2020 - 1 Star FTMO please respond .
I would like to share my experience with ftmo . I opened a 10000$ challenge account . There has been a mistake with them . My account no 19899969
The daily maximum loss = closed position + open position floating p/l . Which shouldn’t go above 5% of the initial capital on anytime of the day . So here it goes I will explain it clearly all my trades closed today on 14th of April 2020 .I had a equity of 10002$
1 . Eurusd opened on 13th of April closed it today on 14th . Had a loss of 254$ . The trade had stop loss . And it got triggered .
And I still have a room to have a loss of 246$
I checked the metrix it showed I can lose 500 maximum loss today . So I opened the today’s trade and all went in loss . And all had a stop loss . So it is determined keeping in mind that if I cross the loss above 5% I will be out of the challenge .
I took the trades 2 ) usdjpy closed with -52.97$ . Stop loss triggered
3) usdjpy closed break even .
4) usdjpy closed -64.12 sl triggered
5) usdjpy closed -69.70 sl triggered
All together losses of the closed positions is 463.28 . Keep in mind I have all my trades with stoploss . So I know how much I’m losing . Open floating and closed position my trades never went above -463.28$ . But they have stopped my challenge. Saying I have violated the maximum daily loss . Which I haven’t . I hope FTMO will look into it and solve the problem as earliest as possible .
If you don't realise this is a scam then you are quite some idiot.
Service use: Other
Length of use: Have not used
110% Legit Prop Firm - A++ Customer Service
Service use: Live
Length of use: 3-6 Months
I completed the final verification in March and was awarded by Fund Account. Initial Profit split and Challenge Fee was paid out in less than 48 Hours.
I would highly recommend their services.
Funded Trader
Length of use: 0-3 Months
Very good!
Service use: Live
Overall, my experience with FTMO has been positive, their customer service are very quick, the payment method was super fast, personally, I choose Paypal and it was 1 day of waiting, everything as the contract says!
I would recommend FTMO Challenge for any traders who is seriously looking to get funded. Thank you FTMO team!
FTMO : until now, all seems ok
Service use: Live
Length of use: 0-3 Months
I succeed after the 3rd challenge and the 2nd Verification. I just ended my first month as an FTMO funded trader. I traded carefully and my only goal was to end the month profitably to test the serious of the company.
Now, and after the reception of the split profit (70%) and the refund of the Challenge fee, I can trustfully testify that FTMO is a honest and serious company for serious traders.
Great way to start trading bigger capital
Service use: Live
Length of use: 3-6 Months
Best opportunity ever
Service use: Live
Length of use: 0-3 Months
My experience with FTMO
Service use: Live
Length of use: 3-6 Months
Absolutly the best co.
Service use: Live
Length of use: 0-3 Months
They always answer , helpful, and absolutely pay always.
Everybody is skeptic at the beginning but after when you got the lots of thousand dollars you do not hesitate anymore or wont be skeptic at all.
Profit Split
Service use: Live
Length of use: 0-3 Months
Great Customer Service and Timely Withdrawals
Length of use: 0-3 Months
super serious
Service use: Live
Length of use: 3-6 Months
I got my first money from FTMO in less than 30 min. after i sent my bill to them. TOP!!
Great Company, Received Profit Split as Promised
Service use: Live
Length of use: 3-6 Months
Good company small issue “floating” fees
Service use: Live
Length of use: 0-3 Months
Legitimate Proprietary Firm
Service use: Demo
Length of use: 0-3 Months
Honest Prop Trading Firm
Service use: Live
Length of use: 3-6 Months
After funding, on my first profit split, I received the Challenge Fee + Profit Split.
Already received 2 Profit Splits with no issues.
FTMO can be trusted as a firm, and to us traders, they offer a great opportunity.
They still have things to improve, which I'm sure they will in the future, and I'm happy to work with them as a trader and grow together.
Better than blowing up your small accounts with high leverage, if you are looking for serious capital and serious opportunity, take that small account money, and invest in FTMO Challenge.
Cheers to all!
FTMO - Upgraded to 5 Stars Prop Firm!
Service use: Demo
Length of use: 0-3 Months
Mar 11, 2020 - 1 Star Be careful when you pay for FTMO challenge, it is too good to be true. Before their own platform LMAX, we couldn’t know they set their MetriX software to hunter your max daily loss by not updating. And LMAX is not allowed traders to close orders and you see a lot of ghosts orders in your trading account with aggressively loss. This is perfect combination Then you fail they get your money (this is a model of business how they make money, not making money by sharing profits from trading). They knew that but they don’t seriously take care problems or change broker for you ( it is “you take it then you have to live with it “). So be careful, I am going to dispute the money as: “item as not described”. Horrible platform FTMO LMAX
serious SCAM
Service use: Live
Length of use: 0-3 Months
The best proprietary trading firm, perfect withdrawal.
Service use: Live
Length of use: 6-12 Months
ftmo payment review
Service use: Live
Length of use: 0-3 Months
Worth more than 5 stars!!!
Service use: Live
Length of use: 6-12 Months
Great Company
Service use: Live
Funded Trader
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: 3-6 Months
Can highly recommend for disciplined traders!