Is FTMO Legit? FTMO is verified to be legitimate. They have a flawless reputation and there is proof in various forums and YouTube of traders receiving payouts.
How legit is FTMO?
Is FTMO real money?
FTMO is a legitimate company. Their funding program is one of the best. Once you get funded, you can trade for profits, and then at the end of your 30-day cycle, you get to withdraw 70% of the profits you make while FTMO takes 30%.
How much money can you make from FTMO?
With a 1:1 Risk to Reward ratio, you can expect $100 on every winning trade. In the United States, the average monthly income is around $4,000.
Is FTMO a real prop firm?
Prop trading is an exciting way for experienced investors to speculate on the financial markets with serious capital and reduced risk. FTMO is one of the leading firms in the forex prop trading space with over 6000 new members joining in 2020.
How much can you lose on FTMO?
Step 1 – The FTMO Challenge
| Step 1FTMO Challenge | Step 1FTMO Challenge | |
|---|---|---|
| Account Balance | $10 000 | $100 000 Aggressive |
| FTMO Challenge Period | 30 days | 30 days |
| Minimum trading days | 10 | 10 |
| Max Daily Loss | $500 | $10 000 |
How long does FTMO withdrawal take?
The payouts are processed within 1-2 business days upon confirming the invoice. You can receive your profits by a regular bank wire transfer, Skrill or cryptocurrencies. We don't charge any commissions for withdrawals.
Which broker does FTMO use?
We are happy to introduce two new brokers 🤩 where you can trade your Challenge and obtain FTMO Accounts. CMC Markets 🇬🇧 is the UK based broker with FCA regulation and GBE brokers has a German 🇩🇪 BaFin registration and also offers MT5 platform 💻. What are all the other brokers you offer?
How can I make $1000 day trading?
0:4710:55Fastest Way To Make $1000 A Day – YouTubeYouTube
What if you lose money in FTMO?
The good news is that you cannot lose more than this fee as any potential losses on the FTMO Account are covered by us. On top of that, the fee is always refunded back to the trader with his/her first Profit Split from the FTMO Account.