FTMO

FTMO is a renowned prop firm (Proprietary Trading Firm) that offers qualified individuals the opportunity to trade company funds in exchange for a share of the profits. The qualification process for traders consists of two steps: the FTMO Challenge and FTMO Verification. The FTMO Challenge serves as a basic evaluation of a trader's skills and discipline. Participants are required to pay fees based on the selected account size, leverage, and risk mode. Upon successful completion of the challenge, traders proceed to the FTMO Verification, which follows similar rules but with a longer time interval and half the profit target. The verification process is free of charge. One of the key benefits of being a successful FTMO trader is the potential to earn up to 90% of the generated profits on a monthly basis. Additionally, traders are entitled to an account scaling up plan, which offers a 25% capital increase every four months with no cap. FTMO provides traders with a range of tools to enhance their trading experience, including the Mentor App, Trading Journal, Statistical App, and Equity Simulator, among others. To gain further insights into FTMO, it is beneficial to read reviews from traders who have successfully passed the challenge. If you have personal experiences with this prop firm, please share your thoughts and feedback. FTMO's approach to prop trading offers a unique opportunity for skilled individuals to trade with company funds and reap the rewards of their success. With a range of tools and a transparent qualification process, FTMO aims to empower traders and foster a professional trading environment.

SEO tags for the article FTMO: Proprietary Trading Firm for Profit-Sharing Trading could include:forex trading

Trader Reviews

Review FTMO

FTMO is a proprietary trading firm that offers qualified individuals the opportunity to trade company funds in exchange for a share of the profits. The firm follows a two-step qualification process for traders, consisting of the FTMO Challenge and FTMO Verification.

FTMO Challenge

The FTMO Challenge serves as a basic evaluation of a trader's skills and discipline. Participants are required to pay fees that vary based on the selected account size, leverage, and risk mode. This evaluation helps FTMO identify traders who have the potential to generate consistent profits.

FTMO Verification

After successfully completing the FTMO Challenge, traders move on to the FTMO Verification stage. This step is free and follows similar rules to the Challenge, but with a longer time interval and half the profit target. Traders who pass the Verification stage become part of the FTMO trading team.

Profit-Sharing and Account Scaling

Successful FTMO traders are rewarded with up to 90% of the generated profits on a monthly basis. Additionally, they are entitled to an account scaling up plan, which offers a 25% capital increase every four months with no cap. This allows traders to gradually grow their trading capital and potentially increase their profits over time.

Tools for Traders

FTMO provides traders with a range of tools to enhance their trading experience:

Mentor App: A mobile application that offers guidance and support from experienced traders.
Trading Journal: A tool to track and analyze trading performance, helping traders identify strengths and weaknesses.
Statistical App: Provides statistical analysis and data visualization to aid in decision-making.
Equity Simulator: Allows traders to simulate different trading scenarios and assess potential outcomes.

Feedback and Reviews

If you are an FTMO trader who has successfully completed the challenge, we encourage you to share your experiences with this proprietary trading firm. Your feedback can help others make informed decisions about working with FTMO. Please note that this review is independent and does not contain any personal recommendations or conclusions. It is solely based on the information provided about FTMO and aims to provide a neutral perspective for readers. If you would like to leave your feedback about FTMO or any other forex broker, you can do so on the forexroboteasy.com website.

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