Doesn't matter what time frame. Use the largest account for example.....you pay $875, you have $800 in DD. What will you trade .50, maybe $1 max per pip. For simplicity, let's say $1, so you need 1400 pips to pass. Well now you have $2275 in your ...

Prop Firm Hub

As crypto has stated many times, $500 per day, you could do that with 1:1 if you can get 50 pips, 2:1 if you get 25, etc.

Prop Firm Hub

Right, just look at recent example Topstep, $275 for 500,000 in "buying power" when quoted this way, FTMO is $640 for 10,000,000 in buying power. 100K at 100:1. Of course, nobody should ever trade like that, just doing a comparison.

Prop Firm Hub

I'm pro prop firm. I am funded with FTMO. There are just a lot popping up and haven't come accross a good deal yet.

Prop Firm Hub

lol, they quote their packages in buying power. How shady can you get? So $275 for $500K in buying power. It's a $5,000 account with 100:1 leverage. Be careful out there folks.

Prop Firm Hub

Once again, fee is greater than DD allowed. Put the fee in your personal account, by stage 3 you'll have more than their scaling plan. Trust me, I've done the math, forwards, backwards and sideways. Here's the deal... for $640, FTMO gives you 100:1 ...

Prop Firm Hub

Looking at these other firms really legitimizes FTMO even further. They run their own feed as well, spreads are razor thin and commission is low. There are no reports anywhere, I repeat, anywhere at all of them not paying. All of these firms popping ...

Prop Firm Hub

DD on the 5ers and CTI is 4%. Your fee is more than your DD. Trade that on your personal account with the same position sizes. tfort....2 % weekly DD, 4% total. As you can see, it's tough to find anther firm like FTMO. Been trying for several months ...

Prop Firm Hub

Here we go..... another savior. What real prop firms do you speak of? The ones where you need a degree in finance, 5 years of trading history and then get a 10-15% split. No thanks.

FTMO - For serious traders

Only a 50% split, and 1% deposit on account you want to obtain is the cost. You can scale to 700K, but 300K is largest one time and cost is $3,000.

Prop Firm Hub

That's their old program. 100K challenge is $499.

Prop Firm Hub

Great question. For some reason, this guy has gone through my posts from like 3-4 years ago and asked what I don't like about FIFO. Now he wants to debate what it actually is. To a US based trader, I guess it's relevant to FTMO, to anyone not in the ...

FTMO - For serious traders

I feel like I'm in the Twilight Zone trying to hold a conversation with this guy. Holy sh***. The funny thing is he is making it 100% clear he has never placed a trade in his life, yet he is here "saving" us from ourselves.

FTMO - For serious traders

Wow, you are kidding me right? You must just be trolling us. So if I open a "trade" of 0 .2 lots and then another "trade" of 0.2 lots, I now have a "position" of 0.4 lots. In the US, I must close my first "trade" of.2 lots first, hence the meaning ...

FTMO - For serious traders

Nah, Koop, not the only reason, it's a beautiful place. I have others on the radar as well. All outside of the US though.

FTMO - For serious traders

Right, I'm still offshore with $$$ split among 4 brokers, but FTMO allows me to trade with that kind of margin without tying up any additional capital on my end. Even when my profits from my live accounts meet my monthly goals, I'll keep using FTMO, ...

FTMO - For serious traders

The brokers aren't looking for good traders either. Look at it this way, I am trading 200K and going to do another 200K, crypto is at 300K on his way to 400K. Our fees have been refunded with first profit split. We now earn profit every month ...

FTMO - For serious traders

Not correct. If I take a position and it goes into profit, so I add another position. I must close that first one first (FIFO). I it goes against me and I wish to average in, let's say the second one is in profit and I wish to close only the ...

FTMO - For serious traders

Wow, I feel like we're friends now.

5ers Trader vs. Independent Trader

Yes, I am user name grandpipmaster on the baby pips thread, I'm sure you've seen me there. I have relatives that just relocated to St. Lucia, have a 3 year goal to get there myself. Then I can trade with any broker I wish. I even updated my profile ...

FTMO - For serious traders