Best ftmo payouts reddit In this case. As long as you keep the challenge fee money aside, you can retake it again if you happen to lose it. I know some people who can easily make 50-70% return each month. A prop firm that’s legit would have no problem with the pay out. 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 Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. The scam ones may pay out small amounts, but will make up every excuse on the book not to pay you big pay outs. 2 Frequent Payouts Payouts occur on the 5th trading day, equating to about four times a month. I still think FTMO is a great short term idea. One thing these firms should change is the changing the payouts to daily. Using excuses like "your trading style is too risky" even though they haven't violated a single rule. Trustpilot FTMO prop firm reviews are generally positive. Similar trade on FTMO did not slip, another trade I got stopped out when the price was 0. So I did the analysis of the best challenge to do for max profits over time. So High 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? Thank you I never hear about big payouts. If you earned a total of 60% you will get a payout total of approx. Learn from one of our youngest traders and uncover the secrets behind achieving 15 consecutive payouts. Dec 12, 2024 · In this article, we will explore four prominent prop firms that pay traders on a weekly basis: FTMO, FundedNext, City Traders Imperium, and The5ers. Yeah. Look to see if firms provide flexible cash-out options – weekly or The best prop firm besides FTMO AID The Funded Trader In my option. Can anyone confirm that either they or someone they know directly actually received a large payout? FTMO themselves have refused such payouts. FTMO's 70/30. 5k With my prop firm it’s 7 trading days to pass the test, and only 10 trading days to get the first payout, and you can get 2k worth of payout twice per week (50k acc, 4K per month for first 3 months) until it becomes no max limit on the 4th month. 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). But I’m still questioning if ftmo would do a full payout on such high profit. 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. I know ftmo has a payout date for profits. 0. 3 pips on USDJPY, no rollover no news, London session. 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. 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. We’ll examine their payout structures, trading conditions, and key features to help you decide which firm might be the best fit for your trading style. Same here. Can anyone confirm that either they or someone they know directly actually received a large payout? 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 Reply reply More replies Concrossivie 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. 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. 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 Welcome to /r/Netherlands! Only English should be used for posts and comments. 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 Nov 27, 2024 · When looking at prop firms for the best profit share, traders should consider a few important things besides just the initial profit percentage:: Profit Split and Payout Frequency: High profit shares attract traders, but regular and dependable payments are just as crucial. 9 pips away, also had the same trade on FTMO that did not get stopped and went on to take profit. But, on High Stakes you only get $57,542 total payout. At a certain point it just feels like a game. After your first payout with FTMO you basically are playing with house money. 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. Then the new month you start with your initial balance which is 300k. 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 Reply reply More replies Concrossivie 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. 3 Simplified Cashouts: The process for withdrawing funds is straightforward and hassle-free. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. I never hear about big payouts. 2 on FTMO. 9 pip spread on Tokyo session is unacceptable, I get 0. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. Want to know how many dollars we pay out each month and what are the biggest payouts are in each region? From the beginning, FTMO's goal has been to help skilful traders solve the problem of undercapitalization. The answer is only people who have gotten a payout know… and particularly people who have had big payouts exceeding 50-100k. If you earned the same percentage on Hyper account you will get a total approximate payout of $97,200. Explore the trading approaches of our most successful individuals, including a trader who has earned over half a million USD on his FTMO Accounts. Similar to positive FTMO reviews on Quora, users suggest that FTMO is trustworthy and helpful for consistently winning traders. So far, the most payouts in one day, up to 196, were made at the very beginning of this year, when we paid out $628,317 to traders on Tuesday, January 2. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. Dec 12, 2024 · Funding Traders and FunderPro stand out with payouts processed within 24-48 hours, making them the fastest when it comes to accessing profits after requesting a withdrawal. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. The true advantage about FTMO is that when you passed the test, you get the refund so it didnt cost you at the end. First 25,000$ of profits completely mine. I'm sure there are plenty of traders that earn them. 4 Favorable Payout Ratios: Initially, you get an 80/20 payout ratio, with an easy transition to a more beneficial 90/10 ratio. . 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? Thank you Apex is a good prop firm imo and easy to pass and payouts are very simple. The Funded Trader and FTMO also offer quick weekly payouts, generally processing withdrawals within 1-3 business days. $187,200 through bootcamp. I. Jun 27, 2024 · FTMO Reviews on Trustpilot. 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 I got slipped 4. 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. I say that because they have great customer service, cheaper prices than FTMO, great community and the owner engages with the the traders and does give a ways and discounts very often. 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). Users praise FTMo’s transparent operations and reliable payouts. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. yzdpeg rvkoza rlmevf wrt fqaooqox hwui hlqi vezqegg ayamgkoa kjmsrjs