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4.0
Trader’s Satisfaction
$50K
2 Steps
FTMO is a proprietary trading firm that offers a platform for traders to showcase their skills and potentially become funded traders. Here is a detailed summary of FTMO: Overview: FTMO is a leading proprietary trading firm that provides traders with an opportunity to trade with their capital. The firm aims to discover and fund talented traders worldwide, allowing them to trade larger capital with minimal risk. Key Features: Challenge and Verification Process: Traders undergo a two-stage evaluation comprising a Challenge and Verification. Successf...
6 Months +
3
2
Funding Opportunities: Traders often appreciate the opportunity to access funding and trade with larger capital, which can potentially lead to increased profits. Risk Management: FTMO places a strong emphasis on risk management, setting specific drawdown limits to ensure responsible trading practices. Educational Support: The availability of educational resources, including webinars and trading psychology guidance, can be beneficial for traders looking to enhance their skills. Flexible Programs: FTMO offers different funding programs with various capital levels and risk parameters, providing flexibility to traders with different trading styles and risk appetites. Transparent Fee Structure: Traders generally appreciate a clear and transparent fee structure, ensuring they are aware of costs and potential profits from the outset. MetaTrader 4 Integration: The compatibility with the popular MetaTrader 4 platform is a positive aspect, as many traders are familiar and comfortable with this trading interface.
Profit-Sharing Model: Some traders might find the profit-sharing arrangement less favorable, as a percentage of profits needs to be shared with FTMO. This is a standard practice in prop trading but may not align with the preferences of all traders. Profit Targets: Traders need to meet specific profit targets to receive funding, and for some, these targets may be challenging or may not align with their trading strategies. Stringent Risk Management: While robust risk management is generally considered a positive, some traders may find the drawdown limits imposed by FTMO more restrictive than they prefer. Evaluation Process: The two-stage evaluation process (Challenge and Verification) may be seen as an additional hurdle for some traders, and not everyone may find this approach suitable.
5.0
User Friendliness
5.0
Payout Process
4.0
Customer Care
3.0
Trading Conditions
Reviews
4.0
Trader’s Satisfaction
$10K
2 Steps
This firm have good reputation and my challenges to be a funded trader with them was smooth, as this was my first experience with prop industry......
1 Month +
7
Transparency, good trading conditions
Waiting for days to get my credentials for next step
5.0
User Friendliness
2.0
Payout Process
5.0
Customer Care
3.0
Trading Conditions
Reviews
5.0
Trader’s Satisfaction
$50K
2 Steps
I've tried several propfirms, some have been bad some have been good, but after all FTMO remains the best. Great support team. Clear rules and clear conditions. Great Dashboard. I have nothing to compalin about at the moment.
6 Months +
6
4
Gret support and clear trerms and no hidden rules.
I didn't like Payouts period, some firms have weekly payouts which is great addition. if FTMO had this it would be the best.
5.0
User Friendliness
5.0
Payout Process
5.0
Customer Care
4.0
Trading Conditions
Reviews
5.0
Trader’s Satisfaction
$10K
2 Steps
To be honest, this is the 1st propfirm that i took challenges. For back then 2021, they still showed amazingly market conditions for trading. Also great support when i needed to as well. And i really love their dashboard trading, very details with usefull information.
1 Year +
2
2
Very great place to training your patient and trading skills.
Take many steps to pass.
5.0
User Friendliness
5.0
Payout Process
4.0
Customer Care
5.0
Trading Conditions
5.0
Trader’s Satisfaction
$100K
2 Steps
FTMO is an absolute game-changer for aspiring traders. This prop trading firm offers a unique and transparent platform that empowers traders to showcase their skills and earn funding. The structured evaluation process is fair and constructive, providing valuable insights into one's trading strategy. With their risk management approach and supportive community, FTMO cultivates a nurturing environment for growth. The funding options are generous, and profit splits are favorable, making it a win-win for traders.
Less 1 Month
1
3
I appreciate the transparent funding process, constructive feedback during evaluations, supportive community, and effective risk management measures.
the time it takes to receive access to validation & funded account.
5.0
User Friendliness
4.0
Payout Process
5.0
Customer Care
5.0
Trading Conditions
FTMO
4.7
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