FTMO Trading Review: Is this a Scam?

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FTMO Trading Review: Is this a Scam?

FTMO is a company that claims to be for the trader by the traders. The platform allegedly states that you can improve your trading ability through their application. Additionally, it claims that it funds traders. 

The firm has two unique methods that they use to evaluate potential clients. It involves the FTMO challenge and the verification process. The company was launched to acknowledge trading talents. 

Advantages of using dependable and tested trading robots

  • Easy to apply and use

When you get started with reputable trading robots, it becomes easier to use them than conventional methods of trading.

You don’t need any prior experience when trading with these robots as there are guidelines and tutorials to help you learn how best to use them.

  • Complete control of robots

When you create or get custom robots, traders get complete control over these robots. You can set the parameters you want for the robot to act. With this power, you can also set profit targets and loss limits.

  • Error free

As long as the code on these robots is error-free, traders have a chance of making huge profit margins. The code usually is set on certain actions and rules to follow on the market. And this gives less chances of making losses.

  • Setting aggressive and passive trading parameters

With the trader having complete full control, you can set the best in terms of how aggressive or passive you want the bot to trade. If you want the bot to be more market specific, it will act according to the input settings.

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  • Deals with the routine you don’t need

Robots make trading routines simpler as they help navigate the volatile markets to make wise decisions. Algorithmic trading means you don’t have to place each trade manually as the bot can execute trades for you.

  • Compatible with any device

Developers know that there are several traders who trade on the go and as such, mobile versions of these robots are necessary.

These developers ensure the robots are compatible with every device giving traders the freedom to utilize trading on any given device.

  • Security of tenure

The listed robots guarantee security thanks to the strong encryption ensuring the platform doesn’t break down during trading sessions.

With funds involved, security is a parameter that must be a highlighted feature when it comes to the preferred trading robot.

After the client completes the trading course, you will get a placement at FTMO proprietary automatically. Here you can manage your account with the amount of up to $100,000. To attain that status is not an easy task. The company mainly targets expert traders in the market. 

You can utilize the best forex brokerages in the market as well to attain a decent earning. They welcome even the novice traders in the market. FTMO is a severe firm that has funded several traders already. They started their successful venture in 2015, and the multiple reviews they have indicated they are trustworthy. 

Nonetheless, you should not worry as the company’s performance psychologist, training course, as well as the account analysis, will be available to guide you. The platform wants traders to attain financial freedom. 

The company claim that it offers investors the best services in the industry. They assure clients that they provide the best accounts, with low commissions, raw spreads, and no markup. It is compatible with MT4, cTrader, and MT5; it is up to traders to select what they like. Review

The company claims that it is more than a funding venture. Their clients can get multiple advantages by utilizing this platform. It has a custom app, performance psychologist to guide investors, and account evaluation. 

The company has created multiple applications for their clients. The apps have different features, and some will help you to analyze the market, acquire discipline, or help to make journals. FTMO views itself as the top proprietary firm in the market. 

Traders will have the capacity to utilize multiple assets in the market. The company claim it is trendy. Moreover, the firm does not limit the leverage that clients can attain. There is only a onetime fee. 

FTMO review, FTMO Platform

The company does not subject traders to recurrent fees. Also, there are no hidden charges or membership charges. The money you deposit as the first payment will be refunded to you plus the earned profit upon withdrawal. 

The owner of this company is Otakar Suffner, who is also the founder of However, this other platform is only accessible to Czech citizens. FTMO is a firm that is targeting investors from all over the world. 

However, we do not know how accurate the company, but some of the activities are beneficial to investors. FTMO has a mentor application for all traders. Using this App, you will eliminate all the possible human errors in your trade. The company showcased several of their partner who has experience in Forex trading. 

How Does FTMO Operate?

The company’s first procedure is the funding process. The platform will evaluate your trade; the method is known as the FTMO challenge. You have to pass this stage for you to move to the next step. 

Investors have to trade for a period of one month with a minimum of 10 trading days. The targeted returns are $1000, with a maximum loss of $1000. The amount that the company can refund is 155 Euros. 

The company needs to verify that you can manage risks. Hence, you have to meet the platform’s trading objectives for you to participate in their investment services. The firm does not subject clients to follow any specific strategy. You can use any method that works for you. 

In this verification stage, you will trade for a period of two months. The last days that you can buy is ten days, and maximum daily loss should not exceed $500. You have to attain a target return of $500. 

Traders need to show their trading skills and ability to observe the trading activity with discipline.  The second step is the verification stage. When you pass, you will gain access to trade the company’s funding partners’ capital. 

You will become an FTMO trader for the proprietary trading platform. You will trade free of any risk and attain a 70% return. If you are a consistent client, you will earn even more income. You can purchase for indefinite days. 

Customer Support

FTMO claims that they have dedicated customer support that is ready to help investors. You can contact them via email, live chat, or even on the telephone. The platform also avails a psychologist who can assist investors. 

They will analyze your trading account and give you feedback that can aid your development. After the client passes their verification, they can start trading. Withdrawal is processed within 24 hours. The support responds in time to clients’ queries. 

The company phone number is; +44 20333222983, and their email address is; [email protected]. They are available on multiple social media platforms like Instagram, Twitter, Facebook, and YouTube. 

Client Feedback

The company has acquired several positive reviews from its alleged clients. It is refunding traders their money as well as the profit they have earned, and they term the firm as the best company in the market. 

FTMO is allegedly professional and dedicated. Traders who join the platform will acquire the virtue of patience. The company team will help you to become a disciplined trader. This will help you manage your trade tactically.  

Investors describe the whole vetting process as simple. The platform is allegedly profitable, and traders can use it to earn an extra coin. They are no restrictions, and you can trade freely. The company customer support is helpful and detailed as per these testimonials. 

The platform is being highly recommended, and they have a demo account that you can familiarize yourself with. FTMO will help you become a successful trader. Unfortunately, there is no proof of payment from these clients. The firm, however, does not have even a single negative review. 

The Domain Insight

According to the information in, the platform was launched in November 2001. It is privately registered, but the registrant contract seems to be from Czech. The majority of clients appear to be from the United States, Canada, and the United Kingdom. It has a total traffic of 18,918, which is very high. 

Final Verdict

FTMO is a platform that is an online proprietary; it gives thriving traders capital. Their main objective is to make traders successful fund managers. The company assures its client that they will get a 70% profit plus a refund of the money they deposit. 

The information the platform present is very luring. Wait until you read their mind-blowing testimonials. The firm is a good venture for any trader who would love to be funded. Nonetheless, you need to be dedicated and work hard to attain their requirement. 

The platform has strict rules that you need to follow. The tools they provide are not very top-notch. Additionally, the educational resources available might not serve any use to expert traders. 

There are multiple investment forex brokerage companies in the market that accept both novice and expert traders. You need to see how they are performing before investing in any amount. 


7 Replies to “FTMO Trading Review: Is this a Scam?”

  1. × Alert!
    • - Can't withdraw your funds from this fraudulent company?
    • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
    • - Or is there an excessive delay in processing your withdrawal?
    • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?

    It's a CONFIRMED scam company, recover your stolen funds by clicking the button below, then fill out the form and you will get a FREE Mychargeback consultation today:

    Click the button below, fill out the form to recover your lost funds from this scam company

    Click Here To Recover Your Stolen Funds
  2. Disculpen, puedo hacer el pago con mi moneda local? soy de Venezuela, el EUR no está bloqueado en mi país, el dolar si, muchas gracias, tengo VISA contactenme en mi correo y daré un pequeño donativo de 10$ en ETH muchas gracias.

    1. Yes this is a scam, please dont apply to this company for there challenge, they want you to lose, they dont even help you get your money even you trade for 1minute, there is challenge is a scam, there is hidden words in there challenge which you will only know once you sign in or apply. Beware im already scam by this company

  3. Erstmal ein Herzliches Moin Moin 😀 Ich bedanke mich für deine Objektive Meinung zu dem Unternehmen^^.
    Ich bin gerade dabei die Challange zu machen und es sieht sehr gut aus ^^ Sobald ich es geschafft habe werde ich mich an dich wenden und dir die beweise schicken. Mir ist es wichtig, dass leute wie ich, sehen das FTMO funktioniert. Denn FTMO kann jedem Trader eine große chance bieten.

  4. Scam company
    I don’t Know why too many good reviews here, I did only 1300 USD dollars, when i reached the time to withdraw my money, they sent me an email stating that my account under review, and they don’t answer my emails.

    Folks, stay away from this scam company.

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