FTMO Accounts Review | FTMO

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FTMO

FTMO

Күн бұрын

Пікірлер: 215
@FTMOcom
@FTMOcom 4 жыл бұрын
What kind of videos would you like to see next? Let us know down in the comments!
@lewisbonney5957
@lewisbonney5957 4 жыл бұрын
Once you complete verification can you take a new challenge straight away to add to a master account
@FTMOcom
@FTMOcom 4 жыл бұрын
Yes, you can start as many Challenges whenever you like. The only limit is total of 300 000 USD in funding (so if you pass 4x 100 000 USD Evaluations Processes at the same time, we will only provide 300 000 USD and refund the last one)
@karimfaridnoorali7051
@karimfaridnoorali7051 4 жыл бұрын
I would like you to make video on ftmo funded traders who blow their ftmo account because of their mistake.
@clementagbor7110
@clementagbor7110 4 жыл бұрын
So 3 x $100,000 accounts can qualify for scaling up to a maximum of $600,000 ?
@FTMOcom
@FTMOcom 4 жыл бұрын
@@clementagbor7110 The initial funding of 300 000 USD is the maximum, but there is no limit when it comes to Scaling Plan. As long as the trader is profitable and he/she manages to meet requirements of the Scaling Plan, we will increase his/her capital by 25% every 4 months.
@infinityphenix8512
@infinityphenix8512 4 жыл бұрын
It’s this kind of video that we future FTMO traders want to see, it’s important to see active accounts and not audit accounts as we used to see.
@FTMOcom
@FTMOcom 4 жыл бұрын
We agree that it is important to see actual traders that have been funded by us, that is why we took your feedback and made this video. However, if you mean Successful Challenge Overview by "audit accounts", we still think that it has it's place a was necessary for new people that are joining FTMO.
@CaptainMoroni9
@CaptainMoroni9 4 жыл бұрын
Profit Splits: Trader 1 - $6,392.96 Trader 2 - $7,143.21 Trader 3 - $9,453.92 Trader 4 - $1,770.58 Trader 5 - $3,579.73
@daveclark8726
@daveclark8726 Жыл бұрын
Im a visual learner so this video helped me see where I am going.
@forexcrate6594
@forexcrate6594 4 жыл бұрын
Pure Motivation! Currently in the verification stage -- Hopefully join you guys soon!!
@FTMOcom
@FTMOcom 4 жыл бұрын
We will be looking forward to that!
@gsadler82
@gsadler82 3 жыл бұрын
How did it go?
@tonybelonog2941
@tonybelonog2941 4 жыл бұрын
This is SUCH AN AWESOME VIDEO!!!! Thank you so much FTMO! I'm currently practicing with my personal demo account to prepare for the challenge. I'm fairly confident and excited to potentially get started with FTMO! But on a real note: seriously thanks for such a great video. It is pure motivation and its really exciting to see how other people trade by simply looking at statistics. This seems like a great firm and i would recommend this firm to be checked out by anyone who is interested in expanding their trading career. Thanks again!
@FTMOcom
@FTMOcom 4 жыл бұрын
We are glad that you like our content and service. We wish you the best of luck once you start your evaluation process!
@joemdawg
@joemdawg 4 жыл бұрын
JUST PASSED MINE TODAY LOL AND I HAD 1 DAY LEFT! 😇 CLUTCHED
@FTMOcom
@FTMOcom 4 жыл бұрын
Nice work!
@tamfx2138
@tamfx2138 3 жыл бұрын
Did you get funded?
@eenpaard3915
@eenpaard3915 4 жыл бұрын
thank you guys for everything you are doing
@thebuffting4006
@thebuffting4006 4 жыл бұрын
81% win rate and 30 RRR!?!?! I wanna find out what strategy that person is using.
@xB0505
@xB0505 4 жыл бұрын
Prob had a few massive wins since it was only 27 trades, still is impressive
@MrSummertimeShine
@MrSummertimeShine 4 жыл бұрын
Currently taking my ftmo challenge. At 3.3k profit on the 50k challenge on day 4
@FTMOcom
@FTMOcom 4 жыл бұрын
We are very impressed by the results of that trader, hopefully he/she can keep up these results.
@WindSass
@WindSass 4 жыл бұрын
ICT strategy. also known as institutional setups. Most likely that strategy
@urbanchica
@urbanchica 4 жыл бұрын
@@WindSassmost def
@karensanderson6978
@karensanderson6978 4 жыл бұрын
Brilliant - can we have more of these vids please as a regular thing :)
@FTMOcom
@FTMOcom 4 жыл бұрын
Thank you! We are not sure that we can make this regular, but we believe that more will come in the future.
@DamirGlibanovic
@DamirGlibanovic 4 жыл бұрын
No need to pull up your calculater for the first split. The trader got 6.392$
@stephburt6313
@stephburt6313 4 жыл бұрын
Just finished verification I’m super excited
@tamfx2138
@tamfx2138 3 жыл бұрын
How are you doing???
@caszk4560
@caszk4560 4 жыл бұрын
This video gave me so much confidence. Not sure if you showed these results to instill confidence in viewers but I'm looking forward to starting the trial process in January. 2021 is going to be amazing.
@zockersteinhd9510
@zockersteinhd9510 3 жыл бұрын
How did it go?
@caszk4560
@caszk4560 3 жыл бұрын
@@zockersteinhd9510 I failed. I didn't realize that you couldn't go over the 5% allowed daily loss even when a trade was open. I ended up getting the 10% in the end but I risked too much and failed. I wasn't ready anyway. I feel like I'm ready now but I will wait a little while longer just to be sure. I'm in the middle of a competition with my broker so I will wait until it's finished so I can focus 100% on the challenge and not my own account. This is a tough process but I know it's going to pay off.
@zockersteinhd9510
@zockersteinhd9510 3 жыл бұрын
@@caszk4560 Firstly, thanks for your quick reply. Sorry to hear that but you will definitely win the challenge on your next try. I'll do the challenge in September, I'll update you in October then. ^^
@caszk4560
@caszk4560 3 жыл бұрын
@@zockersteinhd9510 awesome man please do!
@KHUTSO-E-M
@KHUTSO-E-M 4 жыл бұрын
Good day. Just a quick one, is it possible to have all challenge and verification accounts merged into one account. Or you only do that with funded accounts? Thank you 🙏🏾
@FTMOcom
@FTMOcom 4 жыл бұрын
Hi Khutso Mohoaduba, After your successful accomplishment of FTMO Challenge and Verification phase and becoming FTMO Trader, you can ask our FTMO support team to merge your accounts into one. Hope this helps and feel free to contact our FTMO support team: ftmo.com/en/contact/ Best regards, P. FTMO
@ThienNguyen-mo9xv
@ThienNguyen-mo9xv 4 жыл бұрын
I wonder is there any traders survive more than 1 years and make a consistent profit ?
@djxput
@djxput 4 жыл бұрын
Great video thanks for sharing!
@Continum3D
@Continum3D 4 жыл бұрын
Risk 1% of the account for the challeng is too much ? I have my personal account risking max 1% to 2% per trade, I want to take the challenge risking max 1% per trade, in my personal account I never had more than 6% of drawndown with more or less 50% to 60% win rate with Risk:Reward 1:2
@____suti4810
@____suti4810 4 жыл бұрын
How much time takes between after someone pass the challenge to get in the vertification phase? (1-2 days)
@FTMOcom
@FTMOcom 4 жыл бұрын
Correct, it is 1-2 days.
@money_5802
@money_5802 3 жыл бұрын
Question: I have yet to see a video with a trader passing the Challenge using Stocks only. Is this something that you've seen?
@apmithranjaan
@apmithranjaan 4 жыл бұрын
Very incredible idea ftmo
@jacobcapon1527
@jacobcapon1527 4 жыл бұрын
81% win rate with 30 RRR bruh that shit is the holy grail like wtf
@FTMOcom
@FTMOcom 4 жыл бұрын
We very much like that result too!
@SatchelKleyn
@SatchelKleyn 4 жыл бұрын
Hello! Quick question: Can I take the challenge using an algo?
@FTMOcom
@FTMOcom 4 жыл бұрын
hello Satchel, The use of Eas and copy trading softwares is allowed. Please make sure to test your algo well first before letting it trade your Challenge as you are fully responsible for the algo's functionality.
@CandiceB
@CandiceB 4 жыл бұрын
Great video!
@scoobydoo3322
@scoobydoo3322 4 жыл бұрын
That 81% win rate with a 31 R:R is definitely a swing trader. I have a feeling he uses Fundamentals, sentiment & technicals. If that's the strategy I think it is, it's one of the most efficient strategy i have ever experimented with.
@anhthanghoang6796
@anhthanghoang6796 4 жыл бұрын
He is all over the place with his lot size positions. He will have a lot of trouble in the long run.
@scoobydoo3322
@scoobydoo3322 4 жыл бұрын
@@anhthanghoang6796 Maybe. What I said is all theory anyways. Who knows.
@anhthanghoang6796
@anhthanghoang6796 4 жыл бұрын
@@scoobydoo3322 I am 100% sure if he wont change his risk
@scoobydoo3322
@scoobydoo3322 4 жыл бұрын
@@anhthanghoang6796 you'd be extremely surprised.
@martinaasen8440
@martinaasen8440 4 жыл бұрын
@@anhthanghoang6796 lot size does not matter. its the % risk. and he had a minimal draw down of 1k. but what if he moved his stop loss very close to his entry when it was safe to do so, then his TP was hit and SL is just calculated wrong? hmm
@AN-yr7nm
@AN-yr7nm 3 жыл бұрын
who makes 31 RR with 81.48% WR :D from what i could see the SLosses were not allowing even for one pip back, exits were abs great...i mean if this is real I'd love if you could invite the trader to generously spill some holy grail on us :)
@MrWackydoodles
@MrWackydoodles 4 жыл бұрын
Do you need to reach a certain percentage before you can withdraw your profits? When or How many times can you do a withdraw in a month? Thanks for the video
@FTMOcom
@FTMOcom 4 жыл бұрын
The Profit Split happens every month on the same day - you can see this in the video in the top left corner of all screenshots. There is no set milestone which you have to reach in order to receive your Profit Split. Even if you make 1$ (or less) you will be eligible to receive 70% of it.
@MrWackydoodles
@MrWackydoodles 4 жыл бұрын
@@FTMOcom Got it. so the profit split is 30 days after the start date if you are profitable.
@MrWackydoodles
@MrWackydoodles 4 жыл бұрын
@@FTMOcom Thanks for being responsive
@haneyguitarinstruction6260
@haneyguitarinstruction6260 2 жыл бұрын
What I want to know is it 50k cash account or 50k buying power?
@rafsun15
@rafsun15 4 жыл бұрын
how long does the weekend withdrawal ban continue , if you hold trades in weekend your withdrawal gets frozen. And it says account temporarily suspended. I wonder how long that continues till
@FTMOcom
@FTMOcom 4 жыл бұрын
Dear Rafsun, cases such as you described are assessed individually based on the outcome of the trades you held through the weekend, whether you breached our rules already in past and other circumstances. Based on the contract - article 2d - that we have signed, you could lose the FTMO Account for such breach. Generally, we do not resolve the situation that way, but as said above, it is quite circumstantial.
@darius-alexandrumuntean8946
@darius-alexandrumuntean8946 2 жыл бұрын
The percentage that FTMO charges is 20% or 30%??? I read that it is 20%, am I wrong???
@gtadone
@gtadone 4 жыл бұрын
question- is there unlimited space because im 16 but im a good trader around 70 to 80 percent win with 1rr but i need to be 18 to start
@FTMOcom
@FTMOcom 4 жыл бұрын
We are not planning on limiting the space. As long as we can find talented and profitable traders, we will gladly provide funding to them.
@kton4565
@kton4565 3 жыл бұрын
Hallo
@kton4565
@kton4565 3 жыл бұрын
@@FTMOcom please reply me
@dangvungochieu
@dangvungochieu 2 жыл бұрын
where can I get research about trader: how many percent of losers, passed step 1, step 2, ftmo account, something like that? please help!
@rickylee742
@rickylee742 4 жыл бұрын
does the max loss ever reset?
@FTMOcom
@FTMOcom 4 жыл бұрын
Hello Ricky, Max Loss does not really reset as it is a total drawdown allowed on your account. If you refer to the number recorded in your MetriX, that does not reset and always displays the maximum DD value recorded throughout the existence of the account.
@zeidan1972
@zeidan1972 4 жыл бұрын
about your chat why is not working?????? (in ftmo.com)
@jnizamani
@jnizamani 4 жыл бұрын
please explain open hour time graph
@FTMOcom
@FTMOcom 4 жыл бұрын
Hi Jamil Ahmed, We have recently published a new video with study materials about charts. Please kindly watch the video here: kzbin.info/www/bejne/d3m7n4SCm7trm9E&ab_channel=FTMOFundingForSeriousTraders Thank you for your question, and feel free to ask anything else. Best regards
@kristian_personal
@kristian_personal 3 жыл бұрын
so does everyone who passes the both challenges get a funding?
@FTMOcom
@FTMOcom 3 жыл бұрын
Hi Kristian, After you will pass the FTMO Challenge and Verification, we will evaluate your results. We have to check If you did not use illegal tactics to pass the FTMO Challenge and Verification. Thank you for your question, and do not hesitate to contact us again. Best regards
@3minutestory
@3minutestory 4 жыл бұрын
Once i apply for challenge. I will trade on my own port or FTMO DEMO port in challenging phase ? And if i have to use my own port. How much i should.fund my port for 10k usd account challenge. Thank you
@FTMOcom
@FTMOcom 4 жыл бұрын
Hello Patara, Once you sign up for the Challenge, we provide the accounts for you. We would recommend to communicate with us through support@ftmo.com in order to receive a timely and detailed response.
@GeorgeT96
@GeorgeT96 4 жыл бұрын
I feel like the first one is a Guerrilla Trading student haha!
@Viewer13128
@Viewer13128 4 жыл бұрын
Are they in drawdowns that long? :O
@mohamedyacineelkedim2094
@mohamedyacineelkedim2094 4 жыл бұрын
wow, what made you say so ? hahah, plz give me an answer cuz im really considering joining them but with this looong drawdown period, emmmm i dont really like it hahah
@Viewer13128
@Viewer13128 4 жыл бұрын
@@mohamedyacineelkedim2094 guerrilla trading looks bad to me. setups take way too long. confirmation takes way too long. price patterns are basically just 2, and only one of them works with most pairs. it is quite an inefficient way of trading in my books, even if it manages to work.
@mohamedyacineelkedim2094
@mohamedyacineelkedim2094 4 жыл бұрын
@@Viewer13128 thanks for ur reply dude, it's just that I've been seeing them everywhere lately from Instagram, to some youtubers traders I know that have been in falcon, ftmo etc, and with the percentages they post it seemed like a great strategy, and yeah I know some about their strategy and I didn't like it too so far, so what do you suggest ? Any other course maybe or community u particularly liked or would recommend plz ? Thanks :)
@Viewer13128
@Viewer13128 4 жыл бұрын
@@mohamedyacineelkedim2094 no problem. however, i don't pay for courses, because they are usually an incomplete interpretation, or a disguised/altered version of a traditional method. The teachers are more like plagiarizers/analysts, as opposed to real traders. Their successful students are usually just smart, and do not prove the legitimacy of the teacher. I have also never joined any communities, and the closest things I use and give credit to are KZbin and ForexFactory. However, I believe that most things are usable, but you have to solve the problem of how to use/apply them. Price action works and should be used with market structure/support & resistance zones. Indicator trading also works, and can work standalone as well if you have backtested a complete system. No Nonsense Forex is basically wrong about everything, but you can take his blueprint for indicator trading (just don't believe that he invented it). -I.e., ignore everything he says about anything, and only look at his blueprint. Elliott Wave Theory is not to be used as a methodology, but as a supplementary forecasting tool. Criticisms for it is that it is hindsight and subjective; however, only the latter applies, and does not invalidate it. News events/reports can be used as supplementary tool, but is not necessary for technical or indicator traders. If you use them with an existing analysis, it can sometimes present obvious/great opportunities. No need on trade during news. Just wait for price action to form after news releases. I suggest learning about consolidation/accumulation/distribution. Use price action and market structure to trade them. Ofc, use multiple timeframe analysis. It actually doesn't take long to do at all. E.g., if you see a potential opportunity on a timeframe, just flip to confirm on another timeframe. Don't waste too much time on anything. *I run away from strategies that have you sit and watch every bar for hours, waiting for a confirmation/invalidation.* not that they don't work, but it wastes time. Everything can be used in conjunction. E.g., you can use news, indicators and technical analysis together. Market cycles are also useful. Short-term market cycles can help time trade entries/exits. Intermediate-term market cycles can be used to forecast for intraday trading. Long-term is less useful for intraday trading. Risk management should be backtested by yourself rather than just following what other gurus recommend. Test things such as partial take profits. -Some ppl like to scale in, but I personally do not scale in. Every new trade I enter is a new analysis, and I only scale out of open positions. However, I'm sure both works. -I avoid trying to ride the trend with a full position size, unless it's way too obvious. this is because i am not a trend trader. *this means i only ride 1 wave max before taking at least partial profit.* Enter trades on timeframes below the daily, but if you are lazy, you can use an indicator system and just enter on the daily. Just make sure to use your backtested risk management. For backtesting indicator systems, use the simulator. I just use the mt4 one. for backtesting price action, scrolling the chart is simple to do. I don't scroll bar by bar, so I can't comment on that, but I'm sure it works and has advantages. Not talking about the indicator system, but when using technical analysis, sometimes, EMAs can show some clear signs. such as at a certain point in a market cycle, when price respects the EMA, it will just look very obvious on the chart. Ofc, market maker/stop hunts, ignoring all the conspiracy theories, are useful to learn. it's also just a simple concept. expect price to penetrate the support/resistance. if you forecasted the opposite direction, then it becomes a great entry. if you forecasted the same direction, then wait for a retracement and confirmation before entry. I hate wasting time, so the former is more time efficient. if you spot it, then just get ready to enter a trade. regarding inefficiency, this is why backtesting risk management is important. i do not like to sit and wait for the perfect confirmation, so often, i will just enter when i see an opportunity. this is obviously not the best option, but i compromise for time efficiency. thus, backtest on probable TP and SL targets. Regarding RRR, if your strategy is higher than 70%, then don't stress about having greater than 1:1 ratio. If your strategy is low probability, then ofc you need a good ratio. I'm usually at the 70-80%, I don't trend trade, I take partial profits, etc., so it will be below 1:1. However, with this type of trading, a good ratio is 1:1. You don't need more. the ATR is also good for intraday trading. as usual, backtest it yourself rather than following what gurus say. you can use ATR for SL, TP, and trailing stops. i use ATR on H1, H4 and Daily charts only. support/resistance levels are also useful for partial take profit levels. ofc, you can choose to only use price action/market structure, or only use indicator system, etc. or you can use everything. you just need to backtest everything yourself. i'm sure guerrilla trading can work, as i find most things can work. but i prefer avoiding strategies that seem to require you to be glued to your screen. also, average trade duration is around 7 hours for me. in this sense, some trades are exited very quickly, while others are exited on the next day or two.
@trustyourself2756
@trustyourself2756 4 жыл бұрын
Once funded, What If I am already in the trade during news? I got an interpretation that you cannot open any new trade before and after 2 minutes of the news? What If I am on a losing trade and believe that the news will create positive impact on the active trade? Please clarify. Thanks.
@charliewinfield5009
@charliewinfield5009 4 жыл бұрын
you can stilll be in the trade you just cant trade 2 mins before and after the news.
@WoodOnTheBeat
@WoodOnTheBeat 4 жыл бұрын
Why did the first trader have to wait a couple months for his profit split?
@WoodOnTheBeat
@WoodOnTheBeat 4 жыл бұрын
F Pays good luck 👍🏽
@FTMOcom
@FTMOcom 4 жыл бұрын
Once the trader becomes FTMO Trader, there is no additional verification process - you receive the FTMO Account only once you are verified and we do not need any additional verification for the Profit Split. The first trader was very likely waiting for his first Profit Split, since it took him quite some time until he was actually in some profit. You can see this from the balance curve shown on the screenshot as it is for the entire trading period.
@corbensmith5203
@corbensmith5203 4 жыл бұрын
If you dont like someones statistics but they passed do you not allow them to trade and refund them?
@FTMOcom
@FTMOcom 4 жыл бұрын
No, even if we think that someone's statistics are not that great but they pass the evaluation process, we still have to fund them and make them FTMO Traders. Trading Objectives are fixed metric that does not take into consideration our subjective perspective - after all, we never know what intention/strategy is hiding behind each account's trades, so it would be simply unfair if we did that.
@agrimtamang367
@agrimtamang367 4 жыл бұрын
If we able to make 10k in 10 days considering daily loss and total loss, Can we move to 2nd test phase immeditly or we have to trade for 30 days to pass the 1 st test.
@FTMOcom
@FTMOcom 4 жыл бұрын
Whenever you manage to meet the Trading Objectives, we can move you to the next stage of the whole process - so the answer is yes. Essentially the minimum is 10 days and maximum is 30.
@Bharattanwar
@Bharattanwar 2 жыл бұрын
Hello Sir, DO you allow traders from INDIA..? And if qualified how to give you invoices for the commission withdrawals?
@FTMOcom
@FTMOcom 2 жыл бұрын
Hi Bhaarat India, Please get in touch with our FTMO Support Team, and they will kindly help you with your question.
@430guap3
@430guap3 4 жыл бұрын
How often can you withdraw?
@FTMOcom
@FTMOcom 4 жыл бұрын
Ryan Allen, It differs from account to account and from trader to trader, but most of FTMO Traders always withdraw each month at a specified date. Thank you for your question and feel free to ask anything else. Best regards
@iiiamrocky
@iiiamrocky 4 жыл бұрын
I’m doing the challenge I’m making sure RRR IS 0.59 and my win rate is 96% is that good or I’m doing too much
@newcastleunited9149
@newcastleunited9149 4 жыл бұрын
Nearly impossible to get a strategy that has a 96% win rate. Try to focus on your risk to reward. My is usually around 3.00 so I could loose 3 trades in a row and 1 win would compensate for it.
@chrismwangi7420
@chrismwangi7420 4 жыл бұрын
available in kenya?
@FTMOcom
@FTMOcom 4 жыл бұрын
Yes, you can certainly join if you are from Kenya!
@fabiankiai5276
@fabiankiai5276 4 жыл бұрын
Ulijoin bro?
@mercymimi4022
@mercymimi4022 2 жыл бұрын
@@fabiankiai5276 Also from KENYA planning to join. we ushajoin ?Reply aki nangoja.We should have a Kenyan watsapp group ya FTMO traders.😉😉
@fabiankiai5276
@fabiankiai5276 2 жыл бұрын
@@mercymimi4022 no, bado sijajoin, yes we really need one
@gerardo7088
@gerardo7088 4 жыл бұрын
I just started the challenge today!
@FTMOcom
@FTMOcom 4 жыл бұрын
We wish you the best of luck and trade safe!
@gerardo7088
@gerardo7088 4 жыл бұрын
Undurkhaan yes you have to pay. They also have a free demo challenge
@HungarianPrince
@HungarianPrince 4 жыл бұрын
If i have a 80k account, and i let that account grow to like 100k, do the rules only count for the 80k?
@FTMOcom
@FTMOcom 4 жыл бұрын
If we are assuming that you have 80 000 EUR account and that you are going to grow your account to 100 000 EUR by leaving there your profits, the Max Daily Loss will still be at 5% of your initial capital - so you will be able to lose 4000 EUR as per Max Daily Loss and you will not be able to go under 90% of the initial capital as per the Max Loss limit. However, if you grow your account by using the Scaling Plan, your initial capital will now be considered to be 100 000 EUR and you will not be able to go under 90 000 EUR as per Max Loss limit and your Max Daily Loss limit will be 5000 EUR.
@HungarianPrince
@HungarianPrince 4 жыл бұрын
@@FTMOcom i understand thank you
@HungarianPrince
@HungarianPrince 4 жыл бұрын
@@FTMOcom but lets say im up 100k and i loose now that 10 percent max loss. What happens with that 10k that i made and left it in my account? You guys will pay that ? Because if i loose 10 percent im not longer a member right?
@FTMOcom
@FTMOcom 4 жыл бұрын
@@HungarianPrince If you get to 100 000 without Scaling Plan and lose 10 000 (but not in one day), you are still in the game, because your initial capital is 80 000 EUR and you can not go below 72 000 EUR. If you mean after the Scaling Plan, your initial capital would be 100 000 EUR and therefore losing 10 000 EUR would not leave you with any profits and your account would be terminated. If you violated the Max DAILY Loss however, we would still pay out your profits (if there are any left).
@charliewinfield5009
@charliewinfield5009 4 жыл бұрын
@@FTMOcom surely if someone leaves money to grow the capital then the max daily loss and total loss should reciprocate that! if you add 5000 to the account then the daily loss should go to +5000 and same with total loss as that would not impact on your parameters....
@karimfaridnoorali7051
@karimfaridnoorali7051 4 жыл бұрын
Two things, Is FTMO allows overnight position holding? I would like to make videos on funded traders who blow their ftmo account because of their mistakes. Thanks
@FTMOcom
@FTMOcom 4 жыл бұрын
We allow overnight positions (even over the weekend) without any issue on the Challenge and Verification Accounts. On the FTMO Account, we do NOT allow holding a position over the time when there is not liquidity for longer than 2 hours - so you should be good on most instruments during business week but you will definitely not be able to hold positions over the weekend.
@charliewinfield5009
@charliewinfield5009 4 жыл бұрын
@@FTMOcom I think that you guys should review that, maybe not on exotics but definitely on the major pairs as the gaps dont seem to be that huge. alot of swing traders could be trading for weeks following a trend and then bang you have to shut your trade yet you could potentially be losing alot of profit, maybe this needs reviewing?
@FenderAddict93
@FenderAddict93 3 жыл бұрын
@Charlie Winfield Spot on.
@jorgeg36
@jorgeg36 4 жыл бұрын
this free test after I pass the test how does it work?
4 жыл бұрын
If you fail, can you pay again and try until you pass?
@FTMOcom
@FTMOcom 4 жыл бұрын
Yes, you can start as many Challenge Accounts as you want. The only limit is, that you can not get funding of more than 300 000$.
@superinvandrare9326
@superinvandrare9326 4 жыл бұрын
80% and 30 RRR who is this guy and what setup is he using? or is it an EA?? we need to know this
@TheLoonyAtom
@TheLoonyAtom 4 жыл бұрын
Most likely an EA, no emotions 🤖
@FTMOcom
@FTMOcom 4 жыл бұрын
Unfortunately, we can not disclose this information - trading systems of our traders are their own intellectual property.
@superinvandrare9326
@superinvandrare9326 4 жыл бұрын
@@FTMOcom There have to be some Course that you guys can recommend, we want to work for you
@scoobydoo3322
@scoobydoo3322 4 жыл бұрын
@@superinvandrare9326 My theory is that person with those results is able to trade almost exactly like an institution with an extremely complex strategy. Uses fundamentals to formulate an initial idea and only then, goes to analyse sentiment & has an extremely precise technical analysis for Entries & exits. I've seen 15 - 20 R:R on relatively big accounts. Insane precision and win rate. Could be an algo too. But i doubt it. who knows.
@jason9311
@jason9311 4 жыл бұрын
The fourth trader was just gambling.
@sheidu8334
@sheidu8334 4 жыл бұрын
Is it only Forex pairs you offer?
@FTMOcom
@FTMOcom 4 жыл бұрын
Feel free to test our platform by getting our Free Trial version - you will see there that you are also able to trade indices, metals, commodities and crypto.
@dominicdalton3760
@dominicdalton3760 4 жыл бұрын
is a person allowed to keep trades open over the weekend? asking because I'm a swing trader
@FTMOcom
@FTMOcom 4 жыл бұрын
It is possible on the Challenge Account and Verification Account, but not on FTMO Account.
@apmithranjaan
@apmithranjaan 4 жыл бұрын
Its good to see
@tizibazz
@tizibazz 4 жыл бұрын
How much do I have to backtest a strategy to be sure about its winrate and RRR? Give me a number please,I know the more the better..
@FTMOcom
@FTMOcom 4 жыл бұрын
Objectively and statistically speaking, there is no set number for this. The more you backtest the more accurate result you will get. However, to have a robust strategy, it might be a good idea to get AT LEAST 1000 trades in.
@maurokane1468
@maurokane1468 4 жыл бұрын
What happens if I didn't complete one of the objectives on my FTMO Account?
@tonybelonog2941
@tonybelonog2941 4 жыл бұрын
you dont pass the challenge
@tonybelonog2941
@tonybelonog2941 4 жыл бұрын
every objective must be completed in order to pass.
@maurokane1468
@maurokane1468 4 жыл бұрын
@@tonybelonog2941 If I already have an FTMO funded account, i don't pass one objectives
@maurokane1468
@maurokane1468 4 жыл бұрын
@@tonybelonog2941 Imagine the first account show in the video, the person reached max loss, what happens to the account?
@tonybelonog2941
@tonybelonog2941 4 жыл бұрын
@@maurokane1468 they lock your account i believe and youre no longer able to trade... i would contact them directly through email and find out. I will do the same because i dont know that
@ThriftPinasTV
@ThriftPinasTV 2 жыл бұрын
i hit my daily loss limit but won the trade. Does this mean I am done?
@FTMOcom
@FTMOcom 2 жыл бұрын
Hello Manuel F, If you happen to breach any of the Trading Objectives, that particular account will be automatically invalidated and loses eligibility to continue in the Evaluation Course. You can find out more at the link below. ftmo.com/en/faq/if-i-breach-the-rules-do-i-get-a-second-chance/ Thank you for your question, and do not hesitate to contact us again
@Louie50k
@Louie50k 4 жыл бұрын
do the 10k funded account
@feysalsaidomar8606
@feysalsaidomar8606 4 жыл бұрын
Do you have swepfree account?
@FTMOcom
@FTMOcom 4 жыл бұрын
Hello Feysal, If you are a Muslim, we can provide you with a swap-free account on our FTMO Platform upon your email request.
@farahmuse1369
@farahmuse1369 4 жыл бұрын
Hello Ftmo l tried one time then I failed so just l understand conditions
@FTMOcom
@FTMOcom 4 жыл бұрын
That is truly unfortunate. It is always necessary to understand the Trading Objectives before you start your Challenge Account. It also might be a good idea to start a Free Trial to fully understand our system.
@tombouttell8069
@tombouttell8069 4 жыл бұрын
Wait, were those screenshots? :')
@FTMOcom
@FTMOcom 4 жыл бұрын
Yes, that is correct. We have mentioned this in the video.
@tombouttell8069
@tombouttell8069 4 жыл бұрын
@@FTMOcom /r/woosh
@dominicdalton3760
@dominicdalton3760 4 жыл бұрын
the max loss amount result, does it ever reset?
@FTMOcom
@FTMOcom 4 жыл бұрын
No, the Max Loss in the "Trading Objectives" tab does not change and neither does the Max Daily Loss as there are your historic results recorded. To see how much you can currently lose, please see Today's permitted loss under the balance curve.
@money_5802
@money_5802 3 жыл бұрын
Is the Challenge completed with real money or a paper trading account?
@FTMOcom
@FTMOcom 3 жыл бұрын
Hi MoneyJuice_, Once you pass the FTMO Challenge and Verification, you will be allowed to remotely manage the FTMO Account with chosen initial balance. To avoid any confusion, please note that all accounts we provide to our clients are demo accounts with virtual funds. After a client becomes the FTMO Trader, he/she is provided with login credentials to a demo account, with a difference that the FTMO Account is connected to our Proprietary Trading Firm’s live trading account with real capital. That is where we generate real profits. Clients are entitled to 70% of profits generated on the FTMO Account. This solution is much administratively easier and gives us more freedom to actively manage risk. Thank you for your question, and do not hesitate to contact us again. Best regards
@money_5802
@money_5802 3 жыл бұрын
@@FTMOcom Yes! Thank you! This was my understanding as well. I was confused because normally these videos contain Challenge data and not live accounts.
@PHOEBEE69
@PHOEBEE69 3 жыл бұрын
summary: use stop loss and trade one standard lot. gotchaaa haha.
@PeterMyles
@PeterMyles 4 жыл бұрын
Hello I wish to apply as a trader
@FTMOcom
@FTMOcom 4 жыл бұрын
That is great news! Visit our website, be sure to understand all our rules and we will be looking forward to seeing you trade!
@abdullahisaladhassan4416
@abdullahisaladhassan4416 4 жыл бұрын
do u have account which is without swap Coz am muslim and i wanna join the challenge fedback pz
@sayidaliahmedelmi1061
@sayidaliahmedelmi1061 4 жыл бұрын
same question here ?
@abdullahisaladhassan4416
@abdullahisaladhassan4416 4 жыл бұрын
@@sayidaliahmedelmi1061 which country are u from
@ggtl304
@ggtl304 4 жыл бұрын
Somali maryoley 😃aNaga idin waramaya ,wxs mrkd wajiga labad gudubtan goanka adga ayaa leh oo account Ka lagu furayo brokerkisa ayaa lala xiriraya mrka wxa wa oky
@FTMOcom
@FTMOcom 4 жыл бұрын
If you need such account due to religious reasons, please contact our customer support so we can arrange custom solution for you. Contant: support@ftmo.com or our Live Chat
@Breadstar90
@Breadstar90 4 жыл бұрын
What does it mean by swap?
@binuqaasha675
@binuqaasha675 Жыл бұрын
Yes
@johncondino3601
@johncondino3601 4 жыл бұрын
please upload for $10k plan. I am planning to invest for the lowest price
@rsengupta1
@rsengupta1 4 жыл бұрын
I'm Indian ..can I apply for it!?
@FTMOcom
@FTMOcom 4 жыл бұрын
Yes, that is definitely possible. We accept traders from all around the world!
@o0uttaSight
@o0uttaSight 4 жыл бұрын
more funded account videos
@charliewinfield5009
@charliewinfield5009 4 жыл бұрын
when will you stop asking people to invoice and automatically take away 30% and automatically pay into the withdrawal account? surely automating the process would save you valuable time
@FTMOcom
@FTMOcom 4 жыл бұрын
We are not a broker. We can not simply send you money without an invoice. Since the trader is essentially becoming a service provider, this is the only option. However, we might make this process even easier for all of our traders in the future.
@Viewer13128
@Viewer13128 4 жыл бұрын
the 4th trader doesn't know how to trade. it's a pure fluke he/she passed the FTMO challenge. the 2nd trader is too amazing (so far). *plz do a followup for us next month.* there are several interesting things about this trader so far. Either lucky or legit. 3rd trader wasn't too interesting after the 2nd, so i have no idea. the 1st trader was in a drawdown every month until now? :O feels like he/she also doesn't know how to trade. Look at those 0.01 lot sizes. too tired by the time of the 5th trader, but he longed USDJPY 6 times in a row, all losses. Reminds you of revenge trading. so, it looks like out of 6 traders, there is 1 potential trader who knows how to trade here, but that trader only has 1 month of stats, so isn't an old trader at FTMO. *follow up on him/her plz*
@FTMOcom
@FTMOcom 4 жыл бұрын
Thank you for your feedback, we will pass it on for consideration. Please keep in mind, that we select all of the accounts at random so every FTMO Trader has the same chance showing up. I would avoid saying that some traders here are flukes/do not know how to trade. After all, we never know what is going on behind each trade and judging just from the balance curve has it's limit (not showing open profits/losees etc.). We are glad that these traders were able to generate profits for themselves and for us and we wish them nothing but success.
@IranForexTraders
@IranForexTraders 4 жыл бұрын
I'm worried about when i've be a profitable trader , u dont fund new trader :)
@FTMOcom
@FTMOcom 4 жыл бұрын
We are not planning on cancelling our Evaluation Process any time soon, so I would not be worried!
@emmyoregon1983
@emmyoregon1983 4 жыл бұрын
Professional guide brings about lucrative returns. After a succession of payouts from generating high ROi
@patiencemartez907
@patiencemartez907 4 жыл бұрын
Great, sometimes I feel like traders are lucky cause I find it hard myself understanding it
@rajimordecai1099
@rajimordecai1099 4 жыл бұрын
Can you please put me in contact with the trader with the nice trading curve trading the jpy pairs (win rate about 80%). Thanks in advance. I can give u my email.
@tonybelonog2941
@tonybelonog2941 4 жыл бұрын
there is a specific reason why he blocked the trading account numbers so that people like you dont annoy him/her lmaooo, it makes sense that you want to become profitable like... to be real with you, its probably an EA (expert advisor) aka robot making those trades because FTMO does allow EAs.
@FTMOcom
@FTMOcom 4 жыл бұрын
Since we have to respect our FTMO Traders' privacy, we can not share their personal information.
@amandaguerraamaral9882
@amandaguerraamaral9882 2 жыл бұрын
the trader who is responsible for declaring and paying income tax on profits?
@josemo9753
@josemo9753 4 жыл бұрын
I personally feel the process of a whole 3moths before getting verified is too long
@newcastleunited9149
@newcastleunited9149 4 жыл бұрын
That’s not the case you only have to trade the minimum 10 days
@josemo9753
@josemo9753 4 жыл бұрын
Yeah,learnt that later
@jorgeg36
@jorgeg36 4 жыл бұрын
this free test after I pass the test how does it work?
@FTMOcom
@FTMOcom 4 жыл бұрын
I would highly recommend reading through our FAQ for this exact information: ftmo.com/en/faq/if-i-violate-the-rules-do-i-get-a-second-chance/
@jorgeg36
@jorgeg36 4 жыл бұрын
@@FTMOcom the free trial doesn't work then?
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