Do not let lack of finances stop you from reaching your goals and living your dream. On this page I discussed about one of the fast growing Proprietary Trading firm which is funding Forex traders all around the world. If you are a Forex Trader and you believe your trading skills is good enough then you might be lucky to have come across this page. If you never heard of FTMO, please take a moment to read through this page. Who knows, you might be the next BIG FELLA!
What is FTMO?
FTMO is a company which is looking for traders all over the world. Traders are offered a placement in the FTMO Proprietary Trading firm, where they can remotely manage up to 400,000 USD and continuously grow the account according to their scaling plan. An FTMO Trader is eligible to keep up to 90% of the profits he/she generates. The company covers all losses, if any.
In 2021 they paid over $29,000,000 to traders who are trading remotely in over 180 countries.
Is FTMO Legit or scam?
FTMO is legitimate. They have a good reputation, with good customer service and it is one of the fastest growing proprietary trading firms. FTMO Has been featured on Forbes and won the Deloitte Technology Fast 50 award 3 years in a row.
There is proof on the internet, forums, social media platforms and YouTube of Traders who are getting their payouts.
How to join FTMO
In order to become an FTMO Trader, you will have to pass their 2-step Evaluation Process.
Step 1: The FTMO Challenge. A 30 calendar day demo account where you will have to trade according to their rules.
Step 2: The Verification. A 60 calendar day demo account whereby you verify your performance and consistency one last time.