Is ftmo legit reddit The trading conditions are excellent, with minimal slippage. Apr 8, 2024 · Customer reviews on platforms like Trustpilot showcase FTMO’s credibility, with an average rating of 4. . Meanwhile, several traders have emphasized the importance of risk management and patience when trading with FTMO. FTMO or any Forex funded account for that matter, is not worth your time and doesn’t make you any money in long-term. You only need to pass 8% in the first round and 5% in the 2nd to get funded and drawdown is 12%. Mar 19, 2022 · It basically means that if you manage to pass, you get funded and it costs you nothing. Nov 22, 2024 · FTMO Reviews on Reddit. FTMO provided an invoice for taxation purposes, which was very convenient. Nov 3, 2021 · FTMO is demo account and just a trading tournament with a winning edge for the company. I think it's worth it. com Overall, FTMO’s reputation, our own experience using their services, customer reviews and the long history of successful operations indicate that FTMO is no scam and is a legit and safe prop trading company. Was pretty impressed honestly. Is FTMO Legit and Safe? FTMO is a Czech-based company with an excellent reputation. Apr 10, 2022 · FTMO is legit and has been around for a while. Don't over trade. After all, there are many scams and frauds in the trading industry that promise unrealistic returns or charge hidden fees. FTMO has 5 stars! Check out what 16,956 people have written so far, and share your own experience. See full list on modestmoney. Traders have shared their decent experiences with the prop trading firm. On a star scale of 1 to 5, this results in an average rating of 4, which can be classified as positive. Their challenges are a bit tougher than My Forex Funds where I'm currently funded. Their customer support is top-notch, and the user interface is intuitive and easy to navigate. 0 rating on Trustpilot based on 5,004 reviews. FTMO has received lots of positive reviews that praise FTMO for their professionalism, transparency, customer service, and payout process. A total of $29,000,000 has been paid out to traders on the platform. If you go down this road, be extremely disciplined. 9 out of 5. It was the Technology Fast 50 Winner by Deloitte from 2019 through 2022, and it has a 4. Success with FTMO requires dedication, discipline, and a well-tested trading strategy, as it is not a get-rich-quick scheme. The FTMO Reddit reviews are also generally positive. Mar 4, 2024 · Is FTMO a scam or safe? The FTMO system is safe and works if you apply proper risk management consistently over time, but it is not real money, only leveraged. Apr 28, 2024 · You might be wondering if FTMO is legit or not. 9 out of 5 stars. Support team was very willing to helpm out with technical issues with quick responses. Of the reviews, 100% are positive and 0% negative. Oct 21, 2024 · At the moment we have 5 reviews from Traders about FTMO. Users appreciate FTMO’s clear rules and reliable payouts. That being said, it's not easy to pass, and if you fail you lose the fee. Once funded you trade and make profit on an account and have $0 risk. Mar 4, 2024 · Is FTMO a scam or safe? The FTMO system is safe and works if you apply proper risk management consistently over time, but it is not real money, only leveraged. flb ojzspf uwnc dkyp vsjerwo ijnv ojbuxq ogvv tyfxsdjs epn