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
FTMO scam with fake results
Service use: Demo
Length of use: 0-3 Months
FTMO fails you on max daily loss exceeded when that is far from the truth.
So what happend to me is I failed challenge 1 as stated above.
After I “failed” the challenge I went on trading on this account trying out a new strattegy which ended in a series of losses.
Now please note that had I not “failed” the challenge I would obviously not be stupid enough to try out a new strategy on a paid account. I treated it as a demo account.
I then went and purchased a new challenge.
Sure thing on day 3 I “failed again due to max daily loss exceeded.
At that stage and only that stage did I realize that something is wrong.
I contacted FTMO and told them their daily max loss is not resetting and asked them kindly to sort out the issue. This was on my second account only.
Something told me to check my first account and sure as hell all the daily profit and losses together added to the max daily loss on that specific day.
So yet another email to FTMO.
They are willing to reinstate my account, but not at the balance it was prior to aTHEIR system failing and sure as hell no retake on the challenge.
My question, why should I settle for an account balance less than prior to system failure.
FTMO should take ownership of their system and all the glitches that comes with that.
Be truthful and over rightly if not a new challenge at the very least the balance prior to system error.
Why should we pay for FTMO mistakes?
Is this a mistake or is this the way they scam people to pay for new challenge?
Kind off looks dodgy to me.
everything as described on www.ftmo
Service use: Live
Length of use: 6-12 Months
Life changing experience
Service use: Live
Length of use: 0-3 Months
First profit split
Service use: Live
Length of use: over 1 Year
received my first withdraw
Service use: Live
Length of use: 0-3 Months
As good as is gets
Service use: Live
Length of use: 0-3 Months
Best propfirm out there
Service use: Live
Length of use: 0-3 Months
Customer service is great.
I found the whole process structured well.
Best part was the profit split was on time. I did not have to wait or chase them.
I would highly recommend them for traders who are serious and looking forward to trade with big size accounts.
Cheers!
Service use: Live
Length of use: 0-3 Months
I’m really so Glad that FTMO gave me this Wonderfull opportunity after my Challenge they give me Real money to trade and after 30 days i get my profit split.
Thanks FTMO for the good work.
FTMO -DELIVERS EVERYTHING THEY SAY...
Service use: Live
Length of use: 3-6 Months
All the best with your trading journey.-Derybills
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: 0-3 Months