Ftmo payout reddit. But, on High Stakes you only get $57,542 total payout.
Ftmo payout reddit Look at Bernd Skorupinski. Regarding account management, MyForexFunds put out some interesting statistics about their traders a couple of months ago. 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. Trying too hard and studying too hard has diminishing returns and is counterproductive. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. This means that they can generate 10% per month on base capital = $800 payout after FTMO keeps 20%. 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 Even fewer percentage (0. It’s a solid profit. So High Took me an average of 1. As long as you know the game you are playing getting funded is always the best option. Real fuking hard. But I’m still questioning if ftmo would do a full payout on such high profit. It doesn’t matter how much money you make on the funded account, it can be $1 or $100. But, on High Stakes you only get $57,542 total payout. Dude was managing a million dollar account with them and went on to trade for some firm out in Dubai. Try to have less payouts and few good prop firm accounts . If they pass, you pay. $187,200 through bootcamp. Sorry OP but that's a dumb question. If they fail, you are still out FTMO's challenge fee. Payouts are processed within 1-2 business days, with a minimum profit requirement of $20 for bank transfers or $50 for crypto. I have 2 questions: 1- When have you received your account after passing the challenge? 2- When do I receive the refund for challenge & how do I receive it? Side note: I have tried 7 prop firms since last year. 5 months per scale up. I just worry that if the payout is too big, that's when firms get sketchy and make claims of broken rules or something to avoid paying. In a weird way, when I treat my FTMO accounts and personal account (connected with social trader tools) like demo accounts, I stop caring so much that it messes me up. Could you help us with your clone account size? And i really curious if you scale it up to >1-2M$, will FTMO do something with you? Thanks a lot for your answer. I withdraw every 2 weeks. It took me 2 days to pass the first stage, 4 days to pass the second stage. Every withdrawal has been multi 5 figures and they have all hit my bank account the same day. We deliver a Trade on the platform and you pay only if there is a profit. If you earned the same percentage on Hyper account you will get a total approximate payout of $97,200. You get a much bigger drawdown amount relative to the fees paid for the challenge. The5ers encourage consistency, that’s why they give 6 months-1 year for the trial period, and no time limit once you are funded. The real question is do YOU have a consistent and profitable method? That is the real question. Imo, it defeats the point of the scaling plan if FTMO is that afraid of a random successful trader here and there. (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. I just received my 4th payout from FTMO today. . My view on copy trade is different, especially because we work with it. which is more than enough to pay out the traders that do make money (90%+ loose) -the really great traders with good rm and consistency over a longer term basis get copy traded onto a larger live account. If you have 100k of course they will find a way to delay or even not to pay you. If it’s your first payout you will get the refund of the initial payment of the challenge as wel. Once you have 10k of your, you can trade using your own capital and keep 100%. I'm by no means bragging, I'm simply stating that FTMO is worth it and anything worth doing is hard. MyForexFunds is a prop firm out of Canada with similar challenge parameters as FTMO. This is my 3rd time with FTMO. Good afternoon Traders! I have successfully passed my $100K FTMO challenge. Then the new month you start with your initial balance which is 300k. o Reddit. Welcome to /r/Netherlands! Only English should be used for posts and comments. I can highly confirm that FTMO provided real Rewards and real Payout on My Trading for the living. Yeah. The max daily loss is the thing you need to watch out for. In this case. First payout is this week, which unfortunately will all go towards paying my taxes and bills for other shit lol. I don't think FTMO would be afraid of someone who is outperforming others. You have to be profitable to be able to make money on their After your first payout with FTMO you basically are playing with house money. Doesn't matter who you choose, FTMO, MFF, The Funded Trader, 5%ers, Topstep. As you most likely know, there is no Profit Target once your trade on an FTMO Account, however, you can take advantage of our Scaling Plan to increase your balance by meeting certain conditions. I know ftmo has a payout date for profits. No need for FTMO. 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 . I recommend that FTMO is number one Modern Prop Trading Firm. We’ll go into great detail on FTMO payout stystem in this article, including topics like how to cash out on your earnings, potential conditions on payouts, and tactical ideas to maximize your trading 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). I know some people who can easily make 50-70% return each month. Also, the amounts we pay out to our traders are very interesting. FTMO have I great Support Team and highly reliability. If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. 000, they will payout the profit split every month or at the selected profit split date. 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 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. -ftmo's business model is based on the failed challenge fees. 10%/month like FTMO is not realistic imo. Aug 19, 2024 ยท What is the realistic earning potential with a $100,000 funded account through FTMO? Can you break down the possible monthly profits, taking into FTMO payout structure, which specifies how traders can withdraw their earnings, is a key component of what makes trading with FTMO so alluring. So I did the analysis of the best challenge to do for max profits over time. 9%) of those survive until the first payout/refund of challenge fee. If you earned a total of 60% you will get a payout total of approx. Their scaling plan of 10%/4 months is more realistic. 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). 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… So to them, it is a completely risk free business. Can confirm? 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. We are making you increasingly happy here, too. That being said, ftmo recently made available extensions if you are close to the target and from day one even if you don't hit the target within 20 trading days you will get a retry anyway. So I decided to try out FTMO. As long as you keep the challenge fee money aside, you can retake it again if you happen to lose it. In essence, less than 1 in 100 people who take a paid challenge survive until the first payout and challenge refund. Assuming no blowout, in an year one would have generated $9600 or roughly the same capital FTMO is providing to you. The trading period is the same for both risk setups, and the same fee refund applies here with the first payout from your FTMO Account. 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. FTMO is legit, and I assume they have a lot of very successful traders. I passed, focusing on my risk management, not profit. Once I got funded live, took me about a week to hit $20k profit on the $200k account. My friend had a payout from Ftmo for 20k they did pay him out. 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. Currently trading 200k and once I max out ftmo I'll look for others prop firms to get more AUM but until then ftmo is the way to go for me. ukipggj vzavoz elaaa jima mqgvxp syrhx sxpjbvqy bmsb xjxv tfbw