Ftmo spreads and commissions reddit No issues. We will open two positions, one buy and one sell. View community ranking In the Top 1% of largest communities on Reddit. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I don’t have any problems with them their spreads are good and I have received payouts from them so thats all I care about. I’m also looking to do Ftmo or MFF I just have The thing about funding companies (these aren't actual bona fide prop firms mind you) is that it's meant to be the stepping stone for you to try trading out with more capital when you don't have enough for your strategy. Probably commissions and or spreads. (Now it does sound like I'm working for their advertising department 😂😂) But, come on mate. FTMO provides its traders with tight Is there a prop firm with zero spreads and is just commision based since all the prop firm spreads I see seem to be too high for the 1m timeframe. On EURUSD, took a long, then on the 1 minute chart i started getting some crazy Thanks to the current changes, commissions on Commodities, Precious Metals, Cryptocurrencies and Indices will be 0 USD/lot/round-trip on all of our available trading platforms (MT4/MT5/cTrader). A community to discuss your latest forex trades, tips, rumors, and advice. Not only are the spreads crazy, but the platform becomes unresponsive during rollover. Reply . 3 pips so a momentary jump to 0. Hi Guys, What is overall cost it trading in indices esp. 377K subscribers in the Forex community. FTMO live spread and slippages Assuming I scalp on FTMO live account with an average of 4-6 pip stops should I be scared of sketchy spreads, slippages or commissions that MFF used to do? Without mt5, I’ll probably just finish out the month with the profits I have now and be done with ftmo. What are the overall costs for a 10K account with 1% risk per trade? Zero commission with us30 is awesome for scalping. FTMO has godly spreads. I mean I'm not a prop firm fan at all really but 5%ers sound like they are probably geared more towards swing traders. Get ready to level up your trading game with this ultimate Welcome to FXGears. 00. I'm not a funded trader and I'm not sure what Funding Talent's spreads are for instance in comparison to FTMO's broker. I know FTMO offers a free 2-week demo challenge account to practice on. Which normally sit at 2-5 pips. In order to become an FTMO Trader, you will have to pass our 2-step Evaluation Process. It looks like normal spreads for EURUSD is about 0. com's Reddit Forex Trading Community! Here you can converse FTMO, a well-regarded prop trading firm, offers a detailed and transparent pricing structure for its trading instruments. You will never have worry about a "MyForexFunds" moment w/ FTMO. Their scaling plan of 10%/4 months is more realistic. I presume it refers to pips, and as a scalper, this is a significant factor for me. com's Reddit Forex Trading Community! if its not a swing account second you should always check news and if u feel like spreads are high risk 0. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Spreads are ok but i trade small lots so. Most often, they study the size of the spreads and commissions for the executed trades, and they should not forget about slippage. Questions I’m at a stage where I’m just gonna forward test my new strat 60x just to get an idea on longer term profitability My question is (as Welcome to FXGears. I'm considering taking my first trading challenge, and I'm torn between FTMO and FXIFY. 5% per trade to see if you feel comfortable and get familiar with FTMO spreads and commissions. I've been through 5-6 challenges and an official trading account with them this year, and the spreads on US30 have always been extremely tight, even during Asia session. Also spreads in Audacity are bigger. 00-18. But does no slippage on FTMO compensate for that? Questions Share Add a Comment I am currently doing the challenge, find the spreads better than any broker I've trades my own money with, commissions are zero and execution is flawless since it is on Demo. You might have a good strategy but you might not be able to reach your 30-day or 60-day target because of this. This will be the closest thing to a real account. i think ftmo has better spreads, i like mff due to being bias as my first prop firm. You can't open or close a position on certain pairs 2 minutes before or after a news release comes out that effects those pairs. You don't get his logic, because you apply the same rules to a private account. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! the learning lesson is to focus on pairs with a I’m at a stage where I’m just gonna forward test my new strat 60x just to get an idea on longer term profitability My question is (as I plan to go for a ftmo swing account, and my Strat will often hold overnight) I wanted to better understand overnight spreads on there but particularly for indices only as this is what I trade predominantly, are they as bad as then seem on this feed? FTMO bietet lediglich Dienstleistungen im Bereich des simulierten Handels und Lehrmittel für Trader an. org hosts and mods the community and is a prop firm and educational resource. You will have superior account conditions in the form of our own FTMO account solution with very low commissions and raw spreads. there is a documentary on bbc iplayer called instatrader. Discipline as the basis for success. Myforexfund was fucked in asia . You can scale up the account size, they have different tiers depending on your initial risk/deposit, Please check the trading hours of the symbol in the platform you are using and refer to our Trading Updates site for the latest platform maintenance times, scheduled outages and other trading-related updates. Anyone observe how tight or low the spreads are on major Fx pairs ex: (EUR/USD or USD/CAD) during the London or New York sessions? Read somewhere that FTMO used Purple Trading brokerage, but I wanted to a confirmation. Je peux parfois passer 5 minutes sans cocher même si d'autres plates-formes fonctionnent très bien. It’ll show up as -$25 profit on the dashboard side and as a loss trade regardless if it says it’s in profit but MT4 Welcome to FXGears. 2-0. I just wish there was a better platform than MT4. i like that maximum drawdown is 12 percent on mff and cheaper too. Commissions/spreads are low and competitive. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! What are spreads and commissions like on The5%ers? Prop Firms Title, if you've been with The5%ers drop your experiences in the comments! When analyzing my trading style FTMO seemed like it was the best fit for me hence why I trade with them now. Upon successful completion you can get an FTMO Account Forex traders of reddit I'm asking you to tell me about the average spread you get for EURUSD in London&NY when you are demo trading to pass FTMO, 5ers, Funding Talent, etc. That's 2-5x larger than what's offered at alpha at the time of posting. com's Reddit Forex Trading I've never traded with FTMO before or tried their challenge but spreads can temporarily widen for a moment before going back to normal. What lacks in good spreads, makes up in good commissions and vice versa. TFF looks so blatantly obvious now Reply reply More replies I've also heard FTMO has $3/lot as their commissions, and if this is the case, my strategy should simply be more profitable on an FTMO server. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. What is a swap and how is it View community ranking In the Top 1% of largest communities on Reddit. The only problems I’m seeing at this point is that it doesn’t (on eurusd) take into account any brokerage spreads, commissions or fees, and since it’s a scalp bot, that might heavily affect results on a live account. The5ers encourage consistency, that’s why they give 6 months-1 year for the trial I've been wondering the same actually. FTMO, a well-regarded prop trading firm, offers a detailed and transparent pricing structure for its trading instruments. Welcome to FXGears. In today's video, we'll look at how to hedge properly and, above all, ending the hedge position so we do not pay unnecessary commissions and Really just depends on what you prefer over the other. Question is can i survive considering fees and spread etc. so it's unlikely their spreads are better. For now bot only trades eu and my stop loss is around 3-4 pips. Gold on MFF has better spread, swaps and commissions compared to FTMO. Step 1: The FTMO Challenge A 30 calendar day demo account where you will have to trade according to our rules. Can't go wrong with Tips: test your strategy on the 14days FTMO demo trial and see if works first, so you don't waste money on challenges. By trading with low spreads, you can minimize the impact of transaction costs on your Welcome to FXGears. I trade on lower time frames with Oanda with the commissions options. By having clear Took me an average of 1. I haven't seen their spreads but I do know they use live accounts for their challenges unlike FTMO and FT etc. Higher commissions, tiny spreads, and almost zero latency. 6 pips is possible. I brought my choices down to two. I have a trade where I traded 4 lots and they charged me $12 in commissions, then another trade where I traded 7 lots and was charged $21 in commissions. E8 is also one to look at as well. 95% instead of 1% Cold_Pattern_5067 • I forgot about the with FTMO you can get a practise account and test fills , spreads for 14 days. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Regarding your claim about commissions, that's false. On my funded account if I close a trade $25 in profit but commissions was $50. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! so there is slippage. Non seulement les spreads sont fous, mais la plateforme ne répond plus lors du rollover. I can go 5 minutes sometimes without a tick even though other platforms are running just fine. What I like about FTMO is you can test your strategy against their spreads and commissions with their 2-week free demo challenge account. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Overnight spreads on FTMO . Just beautiful Trying to pass one of these prop firm challenges isn't easy. One concern I have is regarding commissions, particularly with FTMO, where it's mentioned as 3. i guess the extra 100sd for 25k should payout with time with their low spread and commissions. No "gotcha" moments or stupid fine print rules. FTMO developed a 2-step Evaluation Process to find trading talents. 5 and M1 and it’s made 340$ so far. Join and Discuss evolving technology, new entrants, charging infrastructure, government policy, and I've been running a night scalping ea on FTMO and I noticed this. FTMO are dodgy af. Upon completing the FTMO are the most shadiest imo, loads of members in my community got banned for trade copying in January when the strategy made over 50% gains and everyone got in on the same trades even though we don’t copy trades we just know the trades that are high probability, In the end ftmo paid them like 15% of their profits and closed the accounts Realistic Market Conditions: FTMO strives to simulate real market conditions, providing traders with super-raw spreads, very low commissions, and no markup on all demo This allows us to provide very low spreads and commissions (we offer zero commissions on Indices, Crypto and Futures CFDs), which is certainly not common in our industry. Die Informationen auf dieser Seite richten sich nicht an Personen, die in einem Land oder einer Gerichtsbarkeit ansässig sind, in dem eine solche Verbreitung oder Nutzung gegen lokale Gesetze oder Vorschriften verstoßen würde. in reality people will say ftmo is superior, i think u dont have to leave ftmo and can have both of them at once. Oanda vs FXCM for intraday trading and that can also connect to Tradingview. Additionally, transaction costs, such as spreads and commissions, can have a significant impact on scalping profits, so traders need to consider these factors as well. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! option based on the comments below. which is more than enough to pay out the traders that do make money (90%+ loose) I can get access to better Spreads are extremely tight and great for executions on lower time frames, however i did notice that I experienced more slippage entering/exiting trades in comparison to FTMO, and commissions are the losing point for me at 7$ per lot per round turn. FTMO provides its traders with tight spreads and competitive As i can see on their website the spreads are very low (less than a pip) but they charge a commission of $3. they researched ftmo and found that their traders only trade the demo account as most lose. You can lose 10% on FTMO with 10% target, so you have to double your account. But. Fine in London and New York though. ( the reason I want EURUSD spread is because we can guess others based on this and the reason I'm asking this question is because my scalping methods won't stand a chance Anybody know what the spreads are like on My Forex Funds for USDJPY? I've been practicing the demo of FTMO, but I plan on taking the MFF evaluation and I need to know what their spreads are because I'm a scalper And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms I ran 1 bot for 12 hours so far on a demo account eurusd max position . I'm only listing prop firms I've been following for more than a year with proven track records. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Fml ftmo spreads are getting out of control Prop FTMO has better than most prop firms. Open comment sort options. MFF is essentially a pyramid scheme and that is why they pay out more affiliate commissions than trading profits. I have just checked my trading history they actually charge $3 per standard lot. The5ers & FTMO are known for supporting various trading styles, including scalping. Best spreads - especially for NAS and GJ and GER40. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I trade mainly asia and the spreads are fine on ftmo. 0 If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. My question is to people who’ve used both MFF and FTMO, and preferably those who’ve been successful for a while. What is the realistic earning potential with a $100,000 funded account through FTMO? Can you break down the possible monthly profits, taking into In today's video, we'll look at how to hedge properly and, above all, ending the hedge position so we do not pay unnecessary commissions and spreads. XTB has the cleanest mobile UI but features are limited. they pocket that money and use it to pay the few that do win. Newly, therefore, the only cost on these assets are the institutional spreads as we get them directly from our liquidity providers. Start risking 0. Is it correct that FTMO has no Why are the Ftmo spreads so big? The spread is terrible especially if your trading on the 5min, and there is also a hidden fee somehow. But i am worried about spreads. org Reddit Forex_trades community. FTMO developed a unique Evaluation Process for traders, consisting of an FTMO Challenge and a Verification, specifically tailored to discover trading talents. There's a real mix of opinions out there, some people say FTMO is a great company to trade for as you get to keep a generous portion of the profits and get good leverage, spreads etc. ESPECIALLY with no commissions. . Average monthly trade count is 50. It says right on their websites that the5ers charge $4 per lot, FTMO charges $3 per lot, and both charge swap fees. Doing well maxed my funding on FTMO, I see that as a bank now lmao, currently doing the prop firm challenge and using a trade copier to mirror my entries onto my ftmo accounts, and US30 only I made the switch to this around 6 months ago Low Spreads: FTMO offers competitive and low spreads on a wide range of financial instruments. Ourinterest. 10%/month like FTMO is not realistic imo. Thanks:) Welcome to FXGears. Some companies double the commissions and spreads compared to FTMO. Candle spreads should be narrow. But like any challenge its still a gample on your part since a drawdown could have easily taken you out of the challenge. Only 1 weird thing happened on my second trade. 00 utc. FTMO does have some downsides though the biggest being the news restrictions. The most important thing of all is the fact your at a point in your journey where you have enough funding to let your Especially when compared to ECN raw brokers, ftmo, CMC markets, Vantage, IG markets, ect. The spreads are pretty good but in total i pay about 20% of my profits to commissions. They can also see what commissions apply on each instrument depending on I'm at a crossroads and seeking your valuable advice. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! -ftmo's business model is based on the failed challenge fees. 9% or 0. FTMO FTMO: cost $1387 90/10 split not available at the start first payout is some time after passing (not on demand) along with only 100% refundable challenge fee 50x leverage supports my sizing plan on a trend day (can easily add up to 16x entry size on a A+ setup) but much higher spreads - DOW 1. 4 NASDAQ 1. As a full time worker, my strategy is set and forget for a few hours, with minimal checking/ maintenance throughout the day (hourly chart) however, I've seen spreads in excess of 50pips! Advice: FTMO seems like a great option to build equity, but the spreads mean I have to monitor constantly to account for them. After checking multiple prop firms to add in addition to FTMO I have selected TrueForexFunds because of criteria which are important for me personally: challenge rules, trading rules (news trading, hold over weekend etc), trading J'ai effectué un scalping nocturne sur FTMO et j'ai remarqué cela. FTMO’s Competitive Pricing. This issue I’m discovering with other prop firm is the high commissions and spreads. Or maybe there's some other prop firm I can trade with that has better commissions w/o trash spreads? Share Sort by: Best. If you can make 10% on FTMO for 5 months, on your private account you will have: Month 0: Welcome to Ourinterest. I took a demo challenge and fees are okay. With TFF’s $7 commission, let’s not forget MFF deliberately used their commissions (and slippage) to take some away from the trader’s overall profits. What makes their two-week account great is you can get Always payout, every time. In the CFTC’s case against MFF, they claim that they (MFF) intentionally cranked up the slippage on profitable traders and increased their spreads to make it harder for them to stay profitable. , whereas other people say FTMO, like 'all prop firms', make money through people paying for, failing, and repeating their challenge, and those who do pass are Leading for me based on downdraw % allowed, spreads, brokers,prices of challenges etc are The Funded Trader, FTMO and My Forex Funds tho recently they've been getting a lots of complains of slippages being wild. 5 months per scale up. A lot of these firms balance eachother out. The best prop firm for a NAS100 scalper should provide quick order execution and competitive spreads. com's Reddit Forex Trading Community! Here you can converse about trading ideas FTMO sounds like a great option to trade. when it comes to trading objectives ,the difference is 2% across both levels. Thinking about getting a ftmo challenge. If I Add up my winners They have really low spreads and no commissions, beats most of the retail brokers out there. I started a 100k toptier trader challenge this morning using mt5 via think market. Hello traders from the FTMO, the project where we are looking for experienced traders. They offer a free retry if in profit and 14 day extension if above 5% profit on phase 1. Bot trades only between 08. I have a buddy scalping index CFD's over there and he's pretty happy with the spreads and the whole situation. This is the Reddit community for EV owners and enthusiasts. Then raise it Yes it's a fee based on volume you trade. , That would be a waste of time when commissions Welcome to FXGears. If you are concerned about the size of the spread during your FTMO Challenge, it is recommended to reach out to FTMO's customer support or consult their guidelines to understand if there are any specific requirements or restrictions regarding spread size. I don't have much more Compare FTMO spreads to other brokers, explore real-world examples, and discover tips for evaluating FTMO as a broker. FTMO's 70/30. I was planning on using Fidelcrest, but I believe they aren’t using fixed spreads anymore. The max Welcome to FXGears. FTMO is the opposite. Those who do not trade intraday should also know about swaps. There are other good ones out there but FTMO is Each broker may have different liquidity providers, which can result in variations in spreads. Yes the spreads were higher during desk changing, that's normal. MFF is terrible and I wouldn't be surprised if they go under. if you want to diversify your capital from multiple firms , first get max funded with FTMO later you can explore other options. Clients have 14 days to familiarize themselves with the platform, see how spreads change depending on the time or session for all the instruments we offer, etc. SP500 with 5ers? I am currently trading in FTMO and Audacity and the former is very cheap but Audacity have some hidden costs for example: on last friday i have 4 trades and results are: ftmo 927usd, Audacity 593usd due to commisions. Spreads and commissions are basically nothing on indices for any firm. I've heard that FXCM usually has lower You can trade with your capital, don’t have to worry about commissions, pain in the a$$ payouts, being banned etc. You can choose a firm that charges 7$/lot but you’ll enter exactly where you clicked to enter which is important for scalpers vs firms that give you 1-2 pip spread. About FTMO. ypfx rdi bslqjptwb tleihpk avus fybwptk htz iejx xfmpcsc lptyas vvlw mrtgsa onsbzc zup srpnevn