FTMO should also review some of your top performing / consistent funded traders, or even those who have been funded but blown their accounts. I have heard that actually more than 50% of the funded traders lose their accounts.
I’m starting with the $10K challenge next week just because in my personal opinion, if I pass the minimum challenge with a smaller maximum daily and max loss, it’s a good practice of risk management and that skill would be carried over until I reach the $200K challenge. Goodluck everyone!
Hi I just wanted to let you know that even though it shows on the matrix that traders don't use SL that might not be the case. As I just had a look at my metrix and it shows that I don't use SL either when in fact I do, and I think it has to do with the drag and drop feature on ctrader where u basically drag a lot size onto the chart and that counts as your limit order, once that has been placed then you can set SL and TP(This is what I do) Maybe it confuses the software that tracks SL and TP:)
Thanks Simon, another great review vid. You often mention the lack of SL and TP. Even though traders are not required to do so, I also agree with you that it would be nice if they did. Now, here is my confusion or question rather...... I understand no NEW trade can be opened (or closed) during a red news event [2 min before and after]. That's reasonable. But.... I heard from a funded FTMO trader that even if a SL or TP (which was placed way before the news) is hit during that 4 min window, it still counts as a violation.... is that true? If it is, then maybe it is a good thing that traders do not practice SL/TP during challenges and verifications?
Hi Blue Seal, Yes, that is correct. Therefore, be careful around restricted events when you are using Stop-Loss and Take Profit. Thank you for your question, and feel free to ask for anything else. Best regards
@@blueseal2156 FTMO as I think wants from traders to be aware of restricted news but may be hedging is a good solution for this problem if you liked not close (opened positions)!
Hello everyone Can anyone please tell me that during verification and other step is there any timezones is declared for them or we can take trades any time we want except the news timing Kindly someone please tell me about that
It is time to improve the program to be more fierce with the competition, put the program to 8% and the verification to 4% the same as many prop firms are doing.
Hi KK 47, You do not need to wait 30 calendar days to pass the FTMO Challenge. If you pass all Trading Objectives within 10 days, you can go to the second step of the evaluation process for verification. Thank you for your question, and feel free to ask for anything else. Best regards
I have a question. Once you pass the verification process and you become an FTMO funded trader, it´s the profit splits every month or how does it works?
Hi Carlos Ernesto Alvarez Coello , Yes. If you meet all Trading Objectives, you can withdraw your profit split after a 1 month period. Thank you for your question, and feel free to ask for anything else. Best regards
I am almost completing my Profit target on FTMO Demo.Can i start my real challenge any time ? Furthermore , if anyone clears both stages,will he be given real account or still some other pick n choose is done?
Hi Abdul Majid, Yes, you can start the FTMO Challenge. If you pass FTMO Challenge and Verification, you will be offered an FTMO Account with chosen initial balance, and when you make profit, you will get 70% profit split. Thank you for your question, and feel free to ask for anything else. Best regards
Hi Lonnie Waller, That depends on you and the administration process from both sides, consisting of filling important documents and the identification process. It could be very swift but sometimes longer. Once you pass the Verification, our priority is to offer FTMO Account with chosen initial balance as fast as the terms and conditions allow. Thank you for your question, and feel free to ask for anything else. Best regards
I'm Tharun Sankar from India. Is there any Indian traders who's doing FTMO challenge? How many days it takes to get the verification done after competition of FTMO challenge & verification stage?
Hi tharun sankar, The FTMO Challenge duration is 30 calendar days; the Verification duration is 60 calendar days. You can pass it faster, but you need to pass all the Trading Objectives. We are a global company, and our FTMO Traders are from all around the world. Thank you for your question, and feel free to ask for anything else. Best regards
Hi KOBBY FOREX, In the FTMO Challenge or Verification, you don’t need to. During these stages, you can keep your positions open overnight and over-the-weekend as well. However, on the FTMO Account, we require you to close your positions just before the markets close for the weekend or if the rollover (market break) is longer than 2 hours. In other words, to be flat on Friday night CE(S)T - Central European (Summer) Time. Our FTMO Traders must respect the market timings. If there is an overnight rollover of up to two hours on any instrument, it is permitted to keep your positions open; i.e. you don’t need to close your trades just because of this overnight rollover. Every asset class and its respective instruments might have different trading hours that have to be adhered to. Thank you for your question, and feel free to ask for anything else. Best regards
I went down almost to -9% and almost I lost the account, today I passed the challenge, completed the trading profit target. 15 trading days. But 22 days starting from the day I brought the account.
Be patient with the proces, everything worth having takes time guys. To everyone reading this YOU WILL BE SUCCESFULL!
FTMO should also review some of your top performing / consistent funded traders, or even those who have been funded but blown their accounts. I have heard that actually more than 50% of the funded traders lose their accounts.
These are the same traders who doesn’t use stop losses or risk less than 2% of their account
@@chrisjlee2013 what’s wrong with risking less than 2% I would say that is pretty wise
@@kerdy4591 Uhh, you misread my comment
@@chrisjlee2013 You must use (neither....nor) for not to be misunderstood!Hahahaha
I’m taking FTMO next month been preparing for the last year and half with some mentors. I’m excited. I feel ready.
Stick to your trading plans! Good luck all
Im very pleased that from now on I can fully rely on my own impressions when it comes to payouts etc!
Im starting with FTMO challenge of 200k..wish me Good luck. I believe, i was born only to trade!
Good luck!! I am planning to do the same next month. Keep us posted.
You got this bro 💯
Update us?
Passed my verification today 🙏 can't wait to start trading with y'all live!
Forex is to be patient!
I’m starting with the $10K challenge next week just because in my personal opinion, if I pass the minimum challenge with a smaller maximum daily and max loss, it’s a good practice of risk management and that skill would be carried over until I reach the $200K challenge.
Goodluck everyone!
Hi I just wanted to let you know that even though it shows on the matrix that traders don't use SL that might not be the case. As I just had a look at my metrix and it shows that I don't use SL either when in fact I do, and I think it has to do with the drag and drop feature on ctrader where u basically drag a lot size onto the chart and that counts as your limit order, once that has been placed then you can set SL and TP(This is what I do) Maybe it confuses the software that tracks SL and TP:)
Starting my challenge from tomorrow :)
Same i started now i wish you good trading days
@@abdinasir5562 you too bro all the best
Simon the volume shouldn't play too much difference because volume requirement for trading stocks during the challenge is very high
I've you started a live trade yet?
I want to start but there is some question I can't find here or on your side. ?
Thanks Simon, another great review vid. You often mention the lack of SL and TP. Even though traders are not required to do so, I also agree with you that it would be nice if they did. Now, here is my confusion or question rather......
I understand no NEW trade can be opened (or closed) during a red news event [2 min before and after]. That's reasonable. But.... I heard from a funded FTMO trader that even if a SL or TP (which was placed way before the news) is hit during that 4 min window, it still counts as a violation.... is that true? If it is, then maybe it is a good thing that traders do not practice SL/TP during challenges and verifications?
Hi Blue Seal,
Yes, that is correct. Therefore, be careful around restricted events when you are using Stop-Loss and Take Profit.
Thank you for your question, and feel free to ask for anything else.
Best regards
@@FTMOcom Thank you for clearing that up. FTMO is the most transparent and solid prop firm I have seen so far.
@@blueseal2156 FTMO as I think wants from traders to be aware of restricted news but may be hedging is a good solution for this problem if you liked not close (opened positions)!
Hello everyone
Can anyone please tell me that during verification and other step is there any timezones is declared for them or we can take trades any time we want except the news timing
Kindly someone please tell me about that
It is time to improve the program to be more fierce with the competition, put the program to 8% and the verification to 4% the same as many prop firms are doing.
They still have enough clout and social capital to avoid adjusting there requirements. The others still need to prove themselves
Yeah bring in more poor quality traders to trade their capital. Smart business move
@@kalpa7208 If you can make 10% a month congratulations, but not everyone can do it.
@@PauloFx137 tbh in my opinion they should just keep the rules how it is
Am in Nigeria
Am having issues purchasing the challenge u guys u look into accepting crypto payment 🙏
If all the objectives r completed within 10 days, will I have to wait the whole month or can I move on to the verification?
Hi KK 47,
You do not need to wait 30 calendar days to pass the FTMO Challenge. If you pass all Trading Objectives within 10 days, you can go to the second step of the evaluation process for verification.
Thank you for your question, and feel free to ask for anything else.
Best regards
Great, looking to take the challenge ASAP
As a recently funded FTMO trader, How will FTMO respond to My Forex Funds paying for evaluation?
I don't trust my forex funds, they are kinda confused with themselves
My forex funds are still new. Let few people use it and lets the review then.
Ftmo pays for the evaluation
I have a question. Once you pass the verification process and you become an FTMO funded trader, it´s the profit splits every month or how does it works?
Hi Carlos Ernesto Alvarez Coello ,
Yes. If you meet all Trading Objectives, you can withdraw your profit split after a 1 month period.
Thank you for your question, and feel free to ask for anything else.
Best regards
The last trader is a jamaican trader... thats how we do it 🇯🇲🔥💯
👍🏾
Who is he?
@@MasterFX33 Me🔥🇯🇲
I am almost completing my Profit target on FTMO Demo.Can i start my real challenge any time ?
Furthermore , if anyone clears both stages,will he be given real account or still some other pick n choose is done?
Hi Abdul Majid,
Yes, you can start the FTMO Challenge.
If you pass FTMO Challenge and Verification, you will be offered an FTMO Account with chosen initial balance, and when you make profit, you will get 70% profit split.
Thank you for your question, and feel free to ask for anything else.
Best regards
How long after passing verification before you get funded account?
Hi Lonnie Waller,
That depends on you and the administration process from both sides, consisting of filling important documents and the identification process. It could be very swift but sometimes longer. Once you pass the Verification, our priority is to offer FTMO Account with chosen initial balance as fast as the terms and conditions allow.
Thank you for your question, and feel free to ask for anything else.
Best regards
how can be positive? and paid back to trader?
how SWAP*
Are you the guy from Zumikito miniatures???
Hie Guys, are your servers down right now? I wrote to support and they still haven't responded? for demo
Taking my verification now!
I'm Tharun Sankar from India. Is there any Indian traders who's doing FTMO challenge? How many days it takes to get the verification done after competition of FTMO challenge & verification stage?
Hi tharun sankar,
The FTMO Challenge duration is 30 calendar days; the Verification duration is 60 calendar days. You can pass it faster, but you need to pass all the Trading Objectives.
We are a global company, and our FTMO Traders are from all around the world.
Thank you for your question, and feel free to ask for anything else.
Best regards
dear FTMO please consider adding crypto for payment and withdrawing method, just a suggestion. thx ;)
I've you started a live trade?
do you allow swing trading over weeks
Hi KOBBY FOREX,
In the FTMO Challenge or Verification, you don’t need to. During these stages, you can keep your positions open overnight and over-the-weekend as well.
However, on the FTMO Account, we require you to close your positions just before the markets close for the weekend or if the rollover (market break) is longer than 2 hours. In other words, to be flat on Friday night CE(S)T - Central European (Summer) Time. Our FTMO Traders must respect the market timings. If there is an overnight rollover of up to two hours on any instrument, it is permitted to keep your positions open; i.e. you don’t need to close your trades just because of this overnight rollover. Every asset class and its respective instruments might have different trading hours that have to be adhered to.
Thank you for your question, and feel free to ask for anything else.
Best regards
Okay I get it for the verification and challenge part but with the account I please need more enlightenment didn’t get it well
Do you mean for the FTMO ACCOUNT I CANT KEEP TRADES OVER THE WEEKEND
@@kobbyforex6574 NO WEEKEND HOLDING ON FTMO LIVE FUNDED ACCOUNT
great new content
Currently down 6% on my verification 🙃🙃🙃
😳
Never give up.
I went down almost to -9% and almost I lost the account, today I passed the challenge, completed the trading profit target. 15 trading days.
But 22 days starting from the day I brought the account.
@@aristidesbenitez8788 nice, I lost today. Going to have to give it up for a while. Well done, keep pushing
@@nicktay107 it wasn't easy but I had to be more disciplined