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🏆 FTMO Review 2024: Is This the Best Proprietary Trading Firm for You?

Introduction: What is FTMO?

FTMO is a proprietary trading firm that provides funding to traders who pass its two-phase evaluation process. Established in 2015, FTMO has gained popularity among forex and CFD traders looking to trade with capital from $10,000 to $200,000 while keeping up to 90% of profits.

https://trader.ftmo.com/

✅ Key Highlights of FTMO

• Two-Phase Evaluation (Challenge + Verification)

• Funding up to $200,000 per account

• Profit share up to 90%

• Wide range of trading instruments

• Free trial option

• Excellent Trustpilot rating

How Does FTMO Work?

FTMO allows traders to demonstrate their skills in a demo environment during a two-step evaluation:

Phase 1: The FTMO Challenge

• Target profit: 10%

• Maximum loss: 10%

• Daily loss limit: 5%

• Duration: 30 days

•  https://trader.ftmo.com/

  Phase 2: Verification Stage

  • Target profit: 5%

  • Same loss rules

  • Duration: 60 days

  Pass both stages, and you’re offered a funded account.

• FTMO Fees and Payouts

  The challenge has a refundable fee, depending on the account size:

  • $155 for a $10,000 account

  • $540 for a $100,000 account

  Once funded, traders receive up to 90% profit split. Payouts are made monthly.

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  FTMO Trading Platforms

  FTMO supports:

  • MetaTrader 4 (MT4)

  • MetaTrader 5 (MT5)

  • cTrader

  These platforms give access to forex, indices, crypto, commodities, and more.

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  Is FTMO Legit and Trustworthy?

  Yes. FTMO is widely recognized in the trading community. It has:

  • Thousands of positive reviews

  • Transparent rules

  • Fast payouts

  • No hidden costs

  It also won Best Proprietary Trading Firm at multiple fintech awards.

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  Pros and Cons of FTMO

  Pros:

  • Low risk for traders

  • High-profit share

  • Transparent rules

  • Great support team

  • Multiple platforms

  Cons:

  • Strict daily loss limits

  • Psychological pressure during challenges

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  FTMO vs Other Prop Firms

  Feature	FTMO	MyForexFunds	The5ers
  Profit Share	Up to 90%	Up to 85%	50%-75%
  Max Funding	$400,000+	$300,000	$100,000
  Platform Options	MT4/MT5/CT	MT4/MT5	MT5

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  Tips to Pass the FTMO Challenge

  • Trade conservatively

  • Avoid high-risk news events

  • Use solid risk management

  • Journal every trade

  • Don’t chase profits

  • https://trader.ftmo.com

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