Ftmo discount reddit. 1%-0. Are you sure that works? It shows a discount being substracted, but where it says next payment it is full price. All the discounted FTMO Challenges activated in December will be also extended by 10 extra days. com. Prop Trading Moderno desde 2015 Like the market owes me right. 2 active coupon codes for FTMO in September 2024. I usually risk 1-2%, but on an A+ setup I might want to risk 4% (5% would be daily drawdown). Then you have to complete the challenge where you have to make 10% in one month while adhering to their drawdown conditions. Very happy with myself and my progress, especially that I started trading less than a year ago. Ready to jump in and start your adventure? Click on the link below to claim your discount and unlock the doors to success: 👉 [Get an FTMO Account in Just 4 Days + 10% Discount!] 👈 Another point to note is that trading with own money is always better and profitable in long term. For swing traders, it's a great improvement too once they actually get the funded account. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. FTMO Suspending New US Accounts : r/Forex Posted by u/Proper_Business4319 - 1 vote and no comments 488 subscribers in the marketscreen community. This is my 3rd time with FTMO. The reviews and testimonials are all 100% organic. This prop company doesn't have as many promotion deals as other companies do. I guess the main questions are- is that the best way to do this, should I just hire a CPA (suggestions?), and are any of you trading for FTMO/how are you paying your taxes (if you are US based)? FTMO wants you to: Play smart, only betting a part of your money at a time. com discount codes. com Promo Codes & Coupons - Jun. I’m not sure ftmo suits low time scale scalping. Soooo many traders have made this mistake. That means you can trade with up to $200,000 on an FTMO Account at an unbeatable price. Seeing a lot of videos lately of people passing FTMO challenges on Youtube. I learned a lot in the past months, backtested a lot every fucking day mate. If you have $1000, that's the exact same as having a $10,000 FTMO account; if you lose $1000 on an FTMO account of that size, they close your account. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. I did not contact support. I just waited until it came. FTMO does have some downsides though the biggest being the news restrictions. Seize this amazing opportunity to become a serious FTMO Trader before the New Year. -Share FUNNY Trading If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. Free repeats and 14-day extensions are also no longer needed because traders trying an FTMO Challenge and a Verification don't have to watch whether they can make 10% in 30 days or 5% in 60 days. FTMO's 70/30. Do my statements make sense? If yes, why would anyone not go for a swing account? Welcome to FXGears. I took the next 5 months off. If I pass this one then I can use this account as to replace my part time job day trading on the days I don’t have school instead. You can achieve an equal amount of profit from just $10,000 account with own money, taking almost 40% floating DD ($4000), instead of <5% realized DD in FTMO. This is why I recently have been focused In such a case, traders have the option of starting again and requesting a new FTMO challenge if they still retain an interest in being FTMO traders. Just want to make sure, so people don't get screwed. Which instruments can I trade and what strategies am I FTMO all the way for forex. In FTMO, the maximum daily drawdown limit allowed on a $100K account is 5% which is $5,000. Tip 2 - Create reminder notifications for the upcoming week of all high impact news just in case. - To be with other like-minded forex traders. FTMO has a dashboard that lists the times that the news will be released. No discounts are provided for traders repeating the FTMO challenge and when trading objectives are violated, the trader forfeits the initial fee paid for the FTMO challenge. M1 lets you earn, invest, spend, and borrow all on one financial platform. Do you think I need to be worried about FTMO not paying me out if its a winner? I've calculated everything precisely and my conclusion is that trading FTMO account would require almost the same performance as trading your own account taking advantage of compound gain(interest). Just ask them for a discount on your next challenge. Not only are they on top of their shit, but they have endless amounts of testimonies and videos on YouTube of traders strategies with their payout info. I think a lot of people don't realize that many of the traders that pass the challenge fail to make their first withdrawal because they fall off after getting funded. FTMO gets its server quotes from a 3rd Party meaning that they don’t have control over liquidity or spread which means they aren’t operating as a broker. I think most of it comes to revenge trading and options instead of a stable cash account like FTMO where I don’t have theta or PDT. Posted by u/FunctionAway9688 - 2 votes and 1 comment As I'm wrapping up with my FTMO challenge, one thing I would like to know but cannot find any information on is once you become an FTMO trader, what happens at your monthly profit split if your account is in a slight loss but you haven't breached any of the drawdown rules during that month? Say you end the month at $199,000 on a $200k account. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. Get 30% off, 50% off, $25 off, free shipping and cash back rewards at FTMO. Daytrading futures, forex, stocks, etc. always let your initial capital come from firms which are considered tough like FTMO,5ers,CTI. Don't miss out on This exclusive discount here -> Join FTMO today! <- Free Challenge: Earn a free FTMO challenge at the same size as your current account. Help your fellow Redditors crack the electrical code. ly/FTMO-NEW-SPECIAL-INVITE-DISCOUNT 📢 😕 Lack of discounts. That's true. Shoppers saved an average of $nan w/ FTMO discount codes, 25% off vouchers, free shipping deals. On top of that, all FTMO Challenges purchased with the 10% discount and activated in December will be also automatically extended by 10 extra days on 03 Jan 2022. The awful truth about FTMO : r/Forex Premium Programme i think ftmo has better spreads, i like mff due to being bias as my first prop firm. FTMO official response: Hi there folks, thanks for your comments. 10%+85% refund discount code KINGSPARDON valid til 1st October. Many ask if FTMO offers discounts or coupon codes to fund their trading accounts. M1 is made for those looking to build their wealth using powerful automation and topflight rates. Not play too many games at once so you can manage your bets better. I felt ready, and started my first ever FTMO challenge on Monday gone, ended up making 9% this week and I am around €70 from the profit target of €1000. None of the people that fail post anything up on reddit because there is no point, while the people that succeed (which is a tiny %) are on here having their 15 mins of fame before 99% of them inevitably lose the account which they attained through luck rather than actual trading skill. They were the one leading the industry for a few years before other prop firms sprung up and they're still strong as ever, so that's saying something there. Failed the first one because I broke every rule I had. We are a proprietary trading firm with a mission to offer world-class trading technology, exceptional 24/7 support, customer-centric challenges, and become the destination for top talent traders. true. Here are some tips on how to do that: The link is so helpful, than you for sharing with us your work. FTMO is by far the most established prop firm of all of them and if you want reliability and one with a good reputation, then FTMO is for you. Spread on limit orders is also rediculous. 5% unlimited time discount code KNIGHTSPARDON7. I think FTMO is actually in the clear. I still think FTMO is a great short term idea. The difference between FTMO Account and FTMO Account Swing is that, in the second one, you can trade through news and hold trades over weekends. once you're a full FTMO Trader, you can even go on an entire month without trading at all if unforeseen Welcome to FXGears. com Reddit codes. We would like to show you a description here but the site won’t allow us. FTMO | Modern Forex Prop Trading Firm & Funding Challenge It's a huge improvement for day traders at least. 1M subscribers in the Daytrading community. Charts and Setups I am currently trying out a one-stage FXify challenge (about $80 with discounts, no time limit) - $15k account 10% PT 6% trailing drawdown ($900) - exclusively trading DOW and NASDAQ. Don't miss out! Hurry, this exclusive discount is valid until the 24th of November, inclusive. 8 - Win rate of 55-60%. Just a heads up in case anyone was looking at doing the challenges. And this is with an account with no subscription of any kind yet. With FTMO, to get your 70% profit share, you have to invoice them, which I would do from my LLC (once I create it). I think MFF might’ve gotten away with this if they were operating in a country who’s a little more lax with regulations. 23 votes, 93 comments. Additionally, you need close any open positions on the pair it'll effect . Instead of offering discounts, Apr 28, 2024 · FTMO Coupon Codes & Discount If you are interested in joining FTMO, you might want to know how to get discounts on their challenge fees by using coupon codes. £17,000 in 4 days on my funded FTMO account. We can declare with a clear conscience that the biggest obstacle for conservative traders who had problems due to increasing their positions to meet Hello traders, FTMO's unique 10+10 offer will expire in the few upcoming days. Save with FTMO. Step up your trading game today and claim your discounted Challenge. 2024 is FTMO legit & reliable? if yes, then do you think it's worth Same here. 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. Don't miss out on This exclusive discount here -> Join FTMO & MFF Funded certificates Doing new ones this year follow my journey! u/wannabechampfx ADMIN MOD • The Secret to Passing ANY Funded Challenges using this 3 Step Strategy, sharing the strategy breakdown, the psychology and the thought process when doing a funded challenge. I started back in March of this year. Welcome to MarketScreen – Navigating the Financial Markets Together! 📈 MarketScreen is your go-to… Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. 40% Off FTMO Discount Code: (2 active) June 2024 i was naive ! After a deep dive I'm considering the5ers Hello, good day everyone. A discount just for you, my friend! But don't delay! Seize this golden opportunity NOW and take your trading journey to new heights as an FTMO Trader. Literally. 5-1. Don't feel to bad about it though. I don't think you're going to deny that an 85% winrate with a 10:1 average RRR for a profit factor of 61 is unsustainable. But i see no information about the 20% discount on FTMO accounts, the only think that i have found, is that you'll get a certification if you get 90%. Savings are hard to come by because FTMO doesn't give them out very often. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. If you need anything clarified hit me up, I've been trading with them for awhile. As the offer ends at the end of the year, you have one of the last opportunities to start trading with a 10% discount. I can't find the stats on how many traders have been funded for the year 2020 in FTMO. Getting fucked on market orders hard. 25% per trade with Mentfx since they have unlimited time per challenge, as opposed to 2% per trade with FTMO's 30 day limit. Welcome to FXGears. Reply reply 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. Hope this clears things up! _----- Don't let this opportunity pass you by. I am so hyped and a post like this motivates me a lot. Now we can trade through high impact news and hold runners over the weekend if we want. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. In 3 months I was down over 10%. Hey Traders, Exclusive news just for you! If you've never taken on the FTMO Challenge before, here's your chance to shine. you could try getting 100k each from 4,5 top firms too , like 100k each from FTMO,Funding pips,5ers,CTI. FTMO military & senior discounts, student discounts, reseller codes & FTMO. 3. i like that maximum drawdown is 12 percent on mff and cheaper too. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright Bogleheads are passive investors who follow Jack Bogle's simple but powerful message to diversify with low-cost index funds and let compounding grow wealth. I want to trade on FTMO - max leverage is 1:3 for my symbols. e. Tip 1 - On your phone or computer you should add another clock time to match FTMO's local time. Merry Christmas. I guess that's where personal preference comes in because I'm perfectly fine with risking 0. FTMO | The Modern Prop Trading Firm since 2015 Now it is time to give back and help those who are looking to become FTMO Traders in 2022. How about a Free Trial? 🚀 BEST FTMO UPDATE ! GET Your FTMO Account in Just 4 Days and Get 10% off Today 🎉💪 bit. So obviously, there’s something wrong with the strategy. Unlock a constellation of exclusive rewards, preferential pricing, and unparalleled customer service, crafted to illuminate your life's aspirations. my order of preference is FTMO > 5ers = CTI >FP (have experience with all firms , never had an issue with any of them) Step 1 - FTMO Challenge New challengers can enjoy a fantastic 20% discount on all FTMO Challenges. This is what's called a "Floating Loss". Unfortunately, the short answer is no, at least not in the traditional sense. If you’re really determined then plan on trying out the challenge X number of times until you get the hang of it. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. Exclusive Access: Unlock a new, larger challenge option ($400k) at a discount. I’ve tried FTMO and Trader2B, and can confirm that the culmination of experience day trading will help you be successful in passing these. I have come along way! Please share your experience with trading or even FTMO :) Welcome to FXGears. Trying too hard and studying too hard has diminishing returns and is counterproductive. 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. The leverage is only 1:30 instead of the usual 1:100 however it is easily compensated by trippling your lot size. On FTMO's YouTube channel, I was watching one of the videos about the process and they said in the video that you don't need to contact them because they already know your account is ready for the next step. Enjoy a whopping 20% discount on all FTMO Challenges! Start your FTMO Challenge today and trade with up to $200,000 on an FTMO Account. Do you have a source about FTMO's discounts ?? Sorry OP but that's a dumb question. Showing consistent results on 3 challenges (6 diff accounts) on FTMO: - RRR of 1. FTMO is legit, and I assume they have a lot of very successful traders. in reality people will say ftmo is superior, i think u dont have to leave ftmo and can have both of them at once. Unfortunately, many are not quite right and many are misleading. Save BIG w/ (2) FTMO verified discount codes & storewide coupon codes. - No challenge was done in a day or a single lucky trade, all trade has clear risk and SL. The real question is do YOU have a consistent and profitable method? That is the real question. 49 votes, 54 comments. Swing traders can go through a multi-month drawdown even with a profitable strategy, b Unlock 90% Off: FTMO Discount In May 2024 When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. I'm a little biased though because I also trade bitcoin in addition to forex and the MFF's crypto spreads are horrendously garbage imo. FTMO Free Trial are the people that pass your ftmo challenge legit? : r/Forex Posted by u/NoobTaiga1993 - 1 vote and 1 comment 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. There are 4 different challenge accounts you can pay for: $10,000, $25,000, $50,000, and $100,000. You initially pay for a challenge account. Welcome to /r/Netherlands! Only English should be used for posts and comments. You can't open or close a position on certain pairs 2 minutes before or after a news release comes out that effects those pairs. •FTMO Swing Account: no longer need to close trades for the weekend and, once you've passed both the challenge and verification, if I recall correct they also dropped the requirement of minimum 10 trading days a month - i. If you're in the scaling plan, you get a new "initial balance" reflecting the "scale up". Immerse yourself in a universe of benefits within the American Express community. The max daily loss is the thing you need to watch out for. But for the challenge, they're faced with the same problem as before. Bonus Rollover: Receive a 5% bonus when you roll your profits into a new FTMO account (withdrawable after 30 days). 5k The issue here is that you see all the 'success' stories and no failure stories. Until the end of December, all FTMO Challenges can be purchased with a 10% discount. You have to be profitable to be able to make money on their 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. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. Savings: Get a 10% discount on all future FTMO purchases. 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? Spreads and commissions on FTMO : r/Forex Good afternoon Traders! I have successfully passed my $100K FTMO challenge. . This serves as a testament, however, of how badly designed the FTMO challenge is. 1 day ago · 40% Off Ftmo. its the most common misinterpretation off all FTMO rules. 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. Initial trade opened on the 5/12/23, both positions closed on the 8/12/23. I've done challenges on both and I personally prefer FTMO. 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. I’ve been trading for about 2 years and have yet to make a consistent profit. New challengers can enjoy… I used the same risk management rules as FTMO. com, a trading forum run by professional traders. It took me a few weeks to get my sea legs back, but I was up 10% for April, which was my signal to try an FTMO free trial. Hey Traders, My name is Adam and I am Head of Growth at The Funded Trader. Don't let this opportunity pass you by. If you even reload the page, you can see how initially where the discount code it says invalid, before it switches. There's no such thing as a prop firm that isn't a scam, because they show you numbers that you don't actually have. What are the pros and cons of FTMO? : r/Forex Welcome to /r/Electricians Reddit's International Electrical Worker Community aka The Great Reddit Council of Electricians Talk shop, show off pictures of your work, and ask code related questions. ykudi tfl cbpj teqps ehxkw hhqfka qauol fzitntj uduwk ycdxp