Ftmo payouts reddit. never happens on mff.

Ftmo payouts reddit $187,200 through bootcamp. For Christmas I think they’re doing 90% payouts. 3 Simplified Cashouts: The process for withdrawing funds is straightforward and hassle-free. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. If you earned a total of 60% you will get a payout total of approx. You can usually do that on the evaluation accounts, but not funded accounts. Has anyone ever encountered problems after passing the challenge, like breaking an imaginary rule and whatnot or any payout problems? 22 votes, 24 comments. I’m on MFF too and have a 200k funded account. You are better off by going with 5ers or MFF due to their realistic trading constraints, i. I noticed that their payouts for the higher tiers is 100%. I just worry that if the payout is too big, that's when firms get sketchy and make claims of broken rules or something to avoid paying. 1% risk and trade-copy to there "dispensable accounts" with 10x multiplier. But to your point about increasing from $140K to $300K: are you seriously proposing that a reasonable person, acting prudently, would let $160,000 sit in a a non-intrest-bearing-account if there was the slightest chance they may never receive that money? Man i had the same payout last monday! my first one ever with Apex too! I know when you say "happy is an understatement" because this achivment is not about money, no no, it is not. Please leave your thoughts in the comments. That should be your next goal. I also was funded once but I haven't traded since last year. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. If you pass it, you get funded. If you have 100k of course they will find a way to delay or even not to pay you. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. Yeah. A place to discuss forex strategy, ideas, analysis, and concepts. Congrats if it’s real. Can anyone confirm that either they or someone they know directly actually received a large payout? Also rea over 70% of prop traders don't get passed the third payout. Once you have 10k of your, you can trade using your own capital and keep 100%. Yes people lose their account mostly by not putting any stop loss in place. Apex is a good prop firm imo and easy to pass and payouts are very simple. Also live account cant buy you a peace of mind since anybody would rather lose their funded account than blow their live account worth of $3. But you do get a payout. Real Account: Unlike many other prop trading firms, Axi Select allows traders to work with real funds, increasing the significance and seriousness of trading This means that they can generate 10% per month on base capital = $800 payout after FTMO keeps 20%. We are making you increasingly happy here, too. Congrats! But be careful and don’t risk too much. In a weird way, when I treat my FTMO accounts and personal account (connected with social trader tools) like demo accounts, I stop caring so much that it messes me up. I also only think you can fail the challenge once and lose your initial investment. Ftmo is more expensive and the spread would widen during normal market hours and it kept hitting my sl. The scam ones may pay out small amounts, but will make up every excuse on the book not to pay you big pay outs. Consistency rules, varies from shop to shop, but designed to avoid payouts if you're playing windfall tactics (aka risk everything every day and try to hit 1-2 big trades). Yes but I prefer MFF. Once I got funded live, took me about a week to hit $20k profit on the $200k account. They'll take a payout and some of it is put into a "jar" that goes towards high-leveraged programs. Any Canadians with FTMO that can help? I was expecting a profit split from FTMO via bank wire, but apparently my bank canceled the transaction(per FTMO's email). Also, the amounts we pay out to our traders are very interesting. Very beautiful effort by you. I just wanted to know if FTMO is still worth it. Payouts should be on-demand -and allowed 1 payout per day (assuming you made a profit that day) as that is what it is with a regular brokerage account with real money--you can send a withdraw request every business day. - To be with other like-minded forex traders. FTMO hasn’t been affected because the payouts are via Skrill. It seems like FTMO and MFF treat their businesses like a casino while the 5%ers looks like they want long term traders. If you earned the same percentage on Hyper account you will get a total approximate payout of $97,200. Traders do need to keep in mind that the delay is most likely not with with the prop firm but with the banking system or the crypt network. My opinion would be go for it, but be disciplined and use it to fund your personal account to a good size account (10k, 25k, 100k, whatever you're comfortable with). Finally, their payouts are extremely fast, I was expecting the usual 2-4 business days wait, but received mine within 24 hours. The ACH transfer already went through and has cleared my bank. This is where things get interesting. Here are my findings: WHAT I like about FTMO? 😀 For new traders, FTMO is a good place to start. In essence, less than 1 in 100 people who take a paid challenge survive until the first payout and challenge refund. I had 4 consecutive payouts before blowing my account. At a certain point it just feels like a game. FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". FTMO themselves have refused such payouts. 2 Frequent Payouts Payouts occur on the 5th trading day, equating to about four times a month. I have provided FTMO: my full name and address, account #, SWIFT code After passing both phases of the account challenge what are the requirements to actually receive your first payout and how long does it take to receive? I’m aware some of the other firms have a required amount of trading days as well as a 30 day minimum before you can actually be eligible for a withdrawal, what’s FTMO’s stand point on this. I. I see no reason to use anything either than FTMO, they have established themselves, have lots of good reviews and most importantly they have the capital to pay people and support their system. I learned a lot in the past months, backtested a lot every fucking day mate. never happens on mff. So I did the analysis of the best challenge to do for max profits over time. FTMO traders can request payouts starting 14 days after their first trade, with an 80% profit split, which can increase to 90% under FTMO’s Scaling Plan. (1% of risk per trade with 66% win rate) FTMO rules are far laxed compared to the firm I work for now but l manage a far bigger book and obtain bonuses and payouts. 1%-3% max but I think 0. I have traded at FTMO Trial failed one but passed twice. In this case. I am planning to get the $100K challenge but I kinda want to hear any recent good and bad feedback from actual passers. I know ftmo has a payout date for profits. The answer is only people who have gotten a payout know… and particularly people who have had big payouts exceeding 50-100k. FTMO the ticks are weird so I tend to get less out of my trades from them. My 1st month I almost hit 30% using only the 5 min chart of apple. -Share FUNNY Trading I think the difference is they are trying to prevent any major drawdowns. My friend had a payout from Ftmo for 20k they did pay him out. Try to have less payouts and few good prop firm accounts . I passed, focusing on my risk management, not profit. I am so hyped and a post like this motivates me a lot. Man, I always found with ftmo that my stops always got triggered a little extra in loss and my TPs never ever got slippage in my direction. They'll trade there normal compounded account with 0. Articles, links, etc are all welcome. So lets say their profit split is 30% of the 100% the commission increases the 30% and if you trade a lot of large lots you can actually lose money and they make money/break even on the account if they hedge So I decided to try out FTMO. This achivment is about all the struggle you passed before to get that payout 4 days ago · All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. The Reward from an FTMO Account is processed on a monthly basis by default, with the option to place a withdrawal on-demand after a period of 14 calendar days from the first placed trade on the account. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. Now over 3 years later, I see that FTMO still exists and now they allow crypto alts trading (xrpusd etc) which is nice! I wanna hear from anyone that has been trading on a live account for a few months, how has your experience been, payouts, etc. Hello guys hope you are doing great I would like to ask you please about FTMO payout A friend of me requested a payout but they told him for some reasons ( i dont know them because he didnt tell me) they split the payout requested on 12 months. Yes they do. I just got VIP status which is great because it’s 90% split and payouts anytime, it’s awesome. But now that guys running paid services. I know some people who can easily make 50-70% return each month. I saw a massive payout of 87k seemingly out of nowhere by a guy named simranjit. Then some of these firms, including FTMO, will literally blackmail them (seriously I'm not joking) and imply that if you don't say anything online we may let you keep your accounts or give you a If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. Paid my CC off and took FTMO's $100,000. Hi guys. Hey guys, I have seen some recent news about MFF prop firm, and now I am curious whether FTMO is in a danger being shut down too? I've finally… I think you are taking a lower probability of success by choosing FTMO. FTMO TRADERS: how long does it take for your profits to arrive your bank account in ftmo withdrawals? I received the "Payout Processed" email 42 hours ago. Spread is honestly incredible. I have 2 questions: 1- When have you received your account after passing the challenge? 2- When do I receive the refund for challenge & how do I receive it? Side note: I have tried 7 prop firms since last year. But i found a similar popular prop firm "Topstep" that display on their website that 5487 traders has been funded so far for the year 2020 and a total payout of 2,026,505 (updated December). 5k Even fewer percentage (0. Payouts are processed within 1-2 business days, with a minimum profit requirement of $20 for bank transfers or $50 for crypto. FTMO's 70/30. Welcome to /r/Netherlands! Only English should be used for posts and comments. It sounds simple but please don’t underestimate it. Halfway there on the second challenge. I get to pocket the last 40%. 9%) of those survive until the first payout/refund of challenge fee. Their scaling plan of 10%/4 months is more realistic. 10%/month like FTMO is not realistic imo. Assuming no blowout, in an year one would have generated $9600 or roughly the same capital FTMO is providing to you. They're handling my account now and take another 40%. I’ve failed it and failed to keep up with the requirements which got it closed. It took me 2 days to pass the first stage, 4 days to pass the second stage. That’s a big payout for a $50k account. Using excuses like "your trading style is too risky" even though they haven't violated a single rule. A lot of the profitable people at FTMO have dropped off lately/lost their accounts. Aim for base hits before you think about homeruns. So High Just remember less than 10% of people pass their challenges, and if that about 2% actually take any profits whatsoever ¯(ツ)/¯ if you’re rocking through even 10 challenges for one payout that MIGHT get you to break even it is an indication this is probably a waste of your time. 4 Favorable Payout Ratios: Initially, you get an 80/20 payout ratio, with an easy transition to a more beneficial 90/10 ratio. One thing these firms should change is the changing the payouts to daily. FTMO take their little slice right off the top from payouts. Trading is hard. I still think FTMO is a great short term idea. The max daily loss is the thing you need to watch out for. But the normal payout is 70%. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. Provided there is some profit on the FTMO Account from the simulated trading, the Reward Day can be changed up to 3 times for each withdrawal Monthly payouts have moved from an average of 305 in 2020 to 1,713 payouts in one month in 2023 (we then sent 2,753 payouts to our clients in January 2024 alone). The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. Since FTMO is now gone and that’s what I was planning to use, which other prop firm(USA) is legit? I know how they work and I understand the business model but I’m wondering if there’s anybody on here that’s funded 50-100k and has received payouts? Their customer support is also top notch, I never had an unanswered email or an unhelpful live chat support staff. FTMO basically, made a two-step process to check out your trading performance. A prop firm that’s legit would have no problem with the pay out. I invoiced FTMO and got my money deposited into my bank account about 16 hours later. So deel has temporarily stopped processing payments for most prop firms, even the ones not based in the US or Canada have been affected eg 5ers. The5ers encourage consistency, that’s why they give 6 months-1 year for the trial period, and no time limit once you are funded. But they operate differently from FTMO ones in the sense that they simply give 25x leverage on the capital put with them and 90% payout Payouts: There are no issues with payouts; the company has established itself as a responsible partner that carries out financial transactions promptly and honestly. Same here. 23 votes, 99 comments. Focus, first, on getting your first payout at 2 - 3% of your account so you can get paid and get your challenge fee back, THEN you can aim to add extra points each month. Can confirm? Good afternoon Traders! I have successfully passed my $100K FTMO challenge. First payout is this week, which unfortunately will all go towards paying my taxes and bills for other shit lol. e. As long as you keep the challenge fee money aside, you can retake it again if you happen to lose it. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. I traded the demo account on FTMO with 40k for 2 weeks and reached 20% and also passed all the rules, for me its time for a real challenge. I’ve passed the first challenge for the $200k account. Trying too hard and studying too hard has diminishing returns and is counterproductive. But I’m still questioning if ftmo would do a full payout on such high profit. I went to my bank and they told me that they have no information to give since they're not the senders. This is my 3rd time with FTMO. Delayed payouts I’ve seen many firms delay payouts like fundingpips 7+ days and poor customer support -Firms in legal trouble Funding engineer . Faking payouts getting sued by providers. However I’m not sure if FXify or FTMO is better; here’s a breakdown: For the same 200k account, no time limit, 90/10 split, monthly payout - FTMO: cost $1387 90/10 split not available at the start first payout is some time after passing (not on demand) along with only 100% refundable challenge fee I passed my $200k FTMO challenge a while back and am close to payout. Posted by u/dghostman_1980 - 6 votes and 6 comments I can't find the stats on how many traders have been funded for the year 2020 in FTMO. Once I receive a payout I’ll post a screenshot here. After your first payout with FTMO you basically are playing with house money. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. On my funded accounts, I'll have to have 10 trading days with actual trades between each payout. 5 months per scale up. Maybe for whatever reason, the payout has processed but isn't fully complete on FTMOs side for whatever internal reason. , why would you go with FTMO if you get another provider’s challenge with easier constraints. Deel and Propfirms (Payouts temporarily paused). If I do my analysis outside of their platform i can earn more but i dont have time to try to make it work that way so i only trade there every now and then. Payouts always come and yes the delay is a thing. More affordable, better fills, spreads dont widen to hit my sl, customer is good, and ive gotten over 10 payouts so far. However when he made 90k they did not pay him out and Ftmo is ignoring his emails and support is not giving any helpful answers . Then, there's the other service I used to pass the challenge. I trade with Alkaline Capital and they allow me to trade options. Anyone who says all prop firms are a scam just can’t manage risk for nothing, I’ve passed more prop firm challenges than I can count and have received a hefty amount of payouts from several different firms. true. But, on High Stakes you only get $57,542 total payout. 5%-1% is better for long run, Actually I was doing well in the two phases but in the FTMO account I wasn’t myself when I look to my entries back then i says WTF why did i took that trade whats the reason for the entry, I was just want to make money fast, Greed blinded my insight now, I believe revenge/over Trading has a huge psychological FTMO definitely isn’t a scam. Then the new month you start with your initial balance which is 300k. Took me an average of 1. Known plenty of people who blew their accounts after first payout. . No need for FTMO. Maybe I just need to be patient and wait another day. A new prop firm could go bankrupt if their model is not bulletproof. So they naturally stopped paying because, well, I blew my account. I’m currently using Maven, and have received payouts within 48hrs usually. E it comes out of your payout if you are profitable or they lose less when you lose because your P/L Is overall worse due to commission. anwqa edktywb qqfuc eyt axpclx lbp iyk plq rtjqda goxq