Ftmo.com Review

Based on checking the website, FTMO.com presents itself as a proprietary trading firm offering a unique evaluation process for traders to enhance their skills on simulated trading platforms. While it promises the opportunity to earn a reward based on simulated profits and even potentially a fixed salary with a traditional prop trading firm Quantlane, the core business model involves engaging in simulated trading environments with fictitious funds. This means that users are paying to participate in a simulated market with the hope of receiving a reward, which, while presented as a profit share, is fundamentally tied to a performance-based fee structure rather than direct profit from actual trading. This entire setup veers into areas that can be highly problematic from an ethical standpoint, particularly in financial matters where clear, direct transactions and avoidance of speculative elements are paramount. The very nature of this model, operating with “fictitious funds” and “simulated profits” while charging upfront fees, raises significant questions about its adherence to principles of clarity and avoiding gharar uncertainty in financial dealings.

Here’s an overall review summary:

• Service Model: Prop trading firm offering simulated trading with potential rewards.
• Evaluation Process: Two-step FTMO Challenge and Verification to qualify for an FTMO Account.
• Funding: All accounts are demo accounts with fictitious funds.
• Profit Sharing: Up to 90% of “simulated profits” can be rewarded.
• Risk: No risk to personal capital, as trading is simulated.
• Fees: An upfront fee is required to participate in the FTMO Challenge, which is refundable upon first reward.
• Ethical Concerns: The underlying nature of paying for a “simulated trading” opportunity with “fictitious funds” for potential “rewards” closely resembles elements of speculation and uncertainty, which are generally discouraged in ethical financial practices. While presented as skill development, the emphasis on simulated profit sharing for an upfront fee introduces an element of financial entanglement that is far from straightforward. The structure may not be suitable for those seeking truly ethical financial engagement or direct, transparent investment opportunities.

The FTMO.com challenge, as seen on the website, is designed to educate traders and lead them to master trading habits through specific trading objectives.

These objectives include maximum daily loss, maximum loss, minimum trading days, and a profit target.

The FTMO Free Trial allows prospective traders to experience this evaluation process without an upfront fee.

However, the commercial offering, the FTMO Challenge, requires a payment.

The website emphasizes that the fee is refundable with the first reward, aiming to mitigate the financial commitment perception.

Despite the detailed process, the fundamental issue remains: it’s a simulated environment.

When considering FTMO competitors, many also operate on similar “prop firm” models that involve paying for access to simulated trading with the promise of profit splits.

Understanding FTMO commission per lot and FTMO combine accounts features reveals the intricate layers of their system, designed to manage performance within this simulated context.

The FTMO company valuation, while not explicitly stated, would be tied to the volume of participants and the revenue generated from challenge fees rather than actual trading profits in real markets.

Given the inherent complexities and the subtle yet significant ethical considerations surrounding “simulated trading” with “fictitious funds” for financial “rewards” tied to upfront fees, it’s crucial to explore alternatives that focus on tangible, ethical skill development, real-world value creation, or transparent financial tools.

Best Alternatives for Ethical Development and Value Creation:

• Online Courses for Skill Development:

  

  • Key Features: Offers structured learning paths in high-demand fields like programming, digital marketing, graphic design, or data analysis. Many platforms provide certifications.
  • Price: Varies widely, from free introductory courses to thousands of dollars for comprehensive programs or university collaborations. Average for a solid course can be $50-$500.
  • Pros: Develops concrete, marketable skills. leads to verifiable qualifications. fosters genuine career growth. provides tangible value.
  • Cons: Requires significant time investment. success depends on applying learned skills in real-world scenarios. can be expensive for premium content.

• Professional Certifications:

  • Key Features: Industry-recognized credentials in fields like project management PMP, cybersecurity CompTIA, or cloud computing AWS.
  • Price: Typically ranges from a few hundred to a few thousand dollars, including exam fees and study materials.
  • Pros: Boosts employability and earning potential. demonstrates specialized expertise. often required for senior roles.
  • Cons: Can be very challenging. requires dedicated study. may need renewal periodically.

• Business Mentorship Programs:

  • Key Features: Connects aspiring entrepreneurs or professionals with experienced mentors who provide guidance, insights, and networking opportunities for real business ventures.
  • Price: Can range from free informal to several thousand dollars for structured, high-tier programs.
  • Pros: Direct, personalized advice. invaluable real-world experience transfer. potential for accelerated growth. focuses on tangible business building.
  • Cons: Quality varies. finding the right mentor can be challenging. requires commitment and proactive engagement.

• Entrepreneurship Books & Resources:

  • Key Features: Provides foundational knowledge and practical strategies for starting and growing a business, covering everything from ideation to marketing and finance.
  • Price: Books typically range from $15-$30. Many free resources are available online.
  • Pros: Low-cost entry point. self-paced learning. broad spectrum of topics. inspires actionable steps.
  • Cons: Lacks personalized feedback. requires self-discipline to apply concepts. theoretical knowledge needs practical application.

• Coding Bootcamps:

  • Key Features: Intensive, immersive programs designed to teach practical programming skills quickly, often leading directly to entry-level tech jobs.
  • Price: Typically ranges from $5,000 to $20,000+. Some offer income-share agreements.
  • Cons: Very demanding. significant upfront cost or income-share agreement. not suitable for everyone’s learning style.

• Craft & Artisan Skill Workshops:

  • Key Features: Hands-on training in skills like woodworking, pottery, textile art, or specialized trades, often leading to tangible products or services.
  • Price: Varies widely, from $50 for a single workshop to hundreds for multi-day courses.
  • Pros: Develops tangible, creative skills. can lead to small business opportunities. fosters a sense of accomplishment. focuses on real-world creation.
  • Cons: May require investment in tools/materials. market for handmade goods can be competitive. scalability might be limited.

• Financial Literacy & Planning Tools:

  • Key Features: Resources books, online courses, software that teach principles of budgeting, saving, debt management, and ethical wealth building.
  • Price: Books are typically $15-$30. software can be free to $100+ annually. courses vary.
  • Pros: Empowers individuals to manage personal finances responsibly. builds foundational knowledge for long-term financial security. emphasizes sustainable practices.
  • Cons: Requires discipline and consistency. immediate results may not be visible. advice needs to be tailored to individual circumstances.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

FTMO.com Review & First Look: Unpacking the “Simulated Trading” Proposition

When you land on FTMO.com, the immediate impression is one of professionalism and opportunity. They talk about “growing & monetizing your demo trading” and “mastering your trading skills on our simulated trading platform.” This language is critical because it immediately signals that all trading activity is simulated, using fictitious funds. While the promise of “rewards” of up to 90% of simulated profits without risking your own capital sounds enticing, it’s essential to understand the underlying mechanics. You’re essentially paying for access to a sophisticated demo account, where your performance dictates a potential payout. This isn’t direct market trading. it’s a performance-based program based on simulated success.

• Key Takeaway: FTMO.com is not a broker for real-money trading, but a “prop firm” that evaluates and “rewards” traders based on simulated performance.
• The Hook: The allure is the potential for significant “rewards” without personal capital at risk, coupled with the opportunity to potentially join a traditional proprietary trading firm Quantlane managing real capital.
• Important Distinction: The core concept is talent identification and performance evaluation in a controlled, simulated environment, not direct investment or wealth accumulation through actual market participation by the user.

The FTMO Challenge: A Gateway to Simulated Success

The “FTMO Challenge” is the initial hurdle everyone must overcome.

It’s a two-step evaluation process: the FTMO Challenge itself, followed by a Verification step.

The stated goal is to “educate traders and lead them to master their trading habits” by adhering to “Trading Objectives inspired by key risk management rules.” These objectives, such as maximum daily loss 5% and maximum total loss 10%, along with a profit target 10% for the Challenge, 5% for Verification, are designed to identify disciplined traders.

• Evaluation Structure:
  • Step 1: FTMO Challenge: Aim for a 10% profit target while adhering to 5% Maximum Daily Loss and 10% Maximum Loss. No time limit.
  • Step 2: Verification: A simpler step with a 5% profit target, same loss limits, to confirm consistency. No time limit.
• Tools & Support: The website highlights “educational Tools & Services” to assist traders, including FTMO Academy, performance coaches, and various analytical tools.
• The Cost: To start the FTMO Challenge, you pay an upfront fee. For example, a $10,000 FTMO Challenge is advertised for €89. This fee is crucial to their business model, as it funds the operation and the “rewards” paid out. While they state the fee is refundable with the first reward, it still represents a financial commitment for participation in a simulated environment.

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The Problem with Simulated Trading for “Profit”

While FTMO.com frames its offering as a path to becoming a professional trader through skill development, the model of paying for simulated trading for “rewards” has inherent ethical and financial complexities. The core issue lies in the nature of gharar uncertainty or excessive speculation and the creation of a financial obligation for something that isn’t a direct, transparent investment in real assets. You are not buying shares, bonds, or commodities. you are purchasing access to a simulated environment where your “success” is rewarded by the platform operator, not directly from the market. This creates a relationship that, for many, blurs the lines between legitimate skill acquisition and a highly speculative, performance-based fee structure.

Understanding the Ethical Quandary: Gharar and Speculation

In ethical finance, transactions should be clear, transparent, and free from excessive uncertainty gharar. When you pay an upfront fee to participate in a “challenge” where your “profits” are simulated and then “rewarded” by the platform, it introduces a layer of financial uncertainty.

The “reward” isn’t a direct profit from your capital growing in the market.

It’s a payout based on your performance in a controlled, artificial environment.

This structure can resemble a form of a game or competition with financial stakes, rather than a straightforward investment or a fee-for-service education. Rooster.bet Review

• Key Concern: The financial interaction is not a direct exchange of services for value, but rather a payment for an opportunity to earn a reward based on a simulated outcome.
• Lack of Direct Ownership: Participants never manage real capital or directly profit from market movements. The “profits” are internal calculations within FTMO’s system.
• Reliance on Performance Fee: The business model relies on a portion of participants failing to meet the objectives, thus forfeiting their initial fees, which then helps fund the rewards for successful participants. This creates an ecosystem that can be perceived as highly reliant on failure rates.

The Illusion of “No Risk to Your Own Capital”

FTMO explicitly states, “Despite trading on a demo account, FTMO Traders can be rewarded for their performance with up to 90% of the simulated profits they generate, without any risk of losing their own capital.” While it’s true you don’t risk your investment capital in the market, you do risk the upfront fee you pay for the FTMO Challenge. If you fail to meet the trading objectives, that fee is not refunded. This is a significant financial risk, as demonstrated by the high failure rates often associated with such prop firm challenges.

• The Hidden Risk: The initial payment for the challenge is your real capital at risk.
• Profit Target Pressure: The existence of a profit target, even if simplified in the verification stage, creates pressure to perform, which can lead to impulsive decisions, especially for novice traders.
• Demystifying “Fictitious Funds”: While the phrase “fictitious funds” emphasizes the demo nature, it also highlights that the entire operation is a construct. The money you “earn” is not drawn from actual market gains.

FTMO.com Alternatives: Building Real Skills and Ethical Wealth

Instead of engaging in speculative, simulated trading programs, individuals seeking to build genuine skills and financial stability should focus on avenues that foster tangible value creation, direct skill acquisition, or transparent financial planning.

Investing in Knowledge: The Foundation of Real Growth

• Online Learning Platforms: Platforms like Coursera, edX, or even LinkedIn Learning offer thousands of courses from reputable universities and industry experts. You can learn everything from data science and software development to marketing and business management. These skills are directly applicable in the job market or for starting a legitimate business.
• Specialized Certifications: Achieving certifications in fields like project management e.g., PMP, cybersecurity e.g., CompTIA Security+, or specific software tools can significantly boost your employability and earning potential. These are widely recognized credentials in the professional world.
• Entrepreneurship Education: Delve into courses or books on starting and scaling a business. Focus on understanding market needs, product development, ethical marketing, and sustainable business models. This path allows you to create real value and generate legitimate income.

Direct Value Creation: Building and Providing

• Freelancing Platforms: Utilize your existing skills or newly acquired ones on platforms like Upwork or Fiverr. Offer services such as writing, graphic design, web development, virtual assistance, or digital marketing. This allows for direct, ethical exchange of value for payment.
• Craft and Artisan Markets: Learn a craft like woodworking, pottery, jewelry making ethically sourced materials, or textile art. Create tangible products and sell them directly to customers through online marketplaces or local events. This involves genuine production and trade.
• Local Service Businesses: Consider starting a service business based on practical skills—landscaping, cleaning, tutoring, repair services, or home maintenance. These businesses address real needs in the community and provide honest income.

Ethical Financial Management: Planning for the Future

• Personal Finance Education: Learn about budgeting, saving, debt management, and ethical investment principles. Understanding how to manage your money responsibly is a fundamental skill for long-term financial security.
• Halal Investment Options: For those seeking to invest, explore options like halal stock funds, ethical real estate investments, or participation in profit-sharing ventures that adhere to ethical guidelines, avoiding interest riba and highly speculative instruments. Always consult with a qualified financial advisor.

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How to Approach FTMO.com If You Insist

If, despite the ethical concerns, one chooses to explore FTMO.com, understanding their operational structure and how to navigate their “challenges” is key.

However, this advice comes with the strong caveat that the underlying financial engagement remains problematic for many.

The FTMO Free Trial: Test the Waters Without Paying

FTMO offers a “Free Trial,” which is essentially a demo account designed to give you a feel for their platform and the trading objectives without committing financially. This is the only truly risk-free way to interact with FTMO.com. It allows you to understand the interface, the rules, and the pressure of meeting targets before you put any money on the line.

• Purpose: To familiarize yourself with the platform, objectives, and the “simulated trading” experience.
• No Financial Commitment: You do not pay any fee for the Free Trial.
• What to Expect: You’ll be given a simulated balance and a set of rules Maximum Daily Loss, Maximum Loss, Profit Target, Minimum Trading Days to adhere to, similar to the actual FTMO Challenge, but without the financial stake.

FTMO Pricing: The Cost of the “Opportunity”

The main financial commitment with FTMO comes from purchasing an FTMO Challenge. Apc-overnight.com Review

The pricing varies based on the size of the “fictitious capital” you wish to aim for.

The larger the simulated account size, the higher the upfront fee.

• Example: A $10,000 FTMO Challenge is €89. This fee is non-refundable if you fail the Challenge or Verification.
• Refund Policy: The fee is only refunded with your first “reward” from the FTMO Account after passing both Challenge and Verification. This means you must successfully navigate multiple stages and generate simulated profits to get your initial payment back.
• Ongoing Costs: While the website doesn’t explicitly detail recurring fees once on an FTMO Account, the model implies that the incentive for FTMO to keep you on a simulated account is a share of your “simulated profits.”

Understanding FTMO Commission and Spreads in a Simulated Context

Even in a simulated environment, FTMO needs to mimic real trading conditions, including commissions and spreads.

The “FTMO commission per lot forex” refers to the simulated transaction costs applied to your trades within their demo platform.

These are important for accurately reflecting real-world trading expenses and for the traders to understand the true impact on their “simulated profits.” Rathwood.com Review

• Simulated Costs: FTMO applies simulated commissions and spreads to the trades placed on their demo accounts.
• Impact on Performance: These costs reduce the “simulated profits” you generate, making the profit targets more challenging to achieve, just like in real trading.
• Transparency: Reputable prop firms should be transparent about these simulated costs, as they directly affect the viability of reaching profit targets.

FTMO.com vs. Competitors: A Landscape of Prop Trading

The “prop trading” space, which FTMO operates within, has seen significant growth.

Many FTMO competitors offer similar models, where traders pay an upfront fee to participate in challenges on simulated accounts, with the promise of profit-sharing if they succeed.

Understanding the nuances between these platforms is crucial if one chooses to engage.

Key Differentiators Among Prop Firms

While the core concept is similar, competitors might differ in: Gagantrends.com Review

• Pricing: Upfront fees for challenges can vary.
• Trading Objectives: Different firms might have stricter or more lenient rules regarding daily loss, overall loss, and profit targets.
• Platform Support: The range of trading platforms MT4, MT5, cTrader and tools provided can differ.
• Profit Share: The percentage of simulated profits offered as a reward.
• Scaling Plans: How quickly and by how much your “fictitious capital” can increase if you consistently perform.
• Customer Support: The quality and availability of support in various languages.

FTMO’s Position in the Market

FTMO has established itself as a prominent player in this niche, often cited for its robust infrastructure and detailed evaluation process.

Its “FTMO Awards” and extensive testimonials page suggest a strong marketing effort highlighting successful “traders.”

• Brand Recognition: FTMO is one of the more recognized names, partly due to its long presence since 2015 and active marketing.
• Community: The presence of an FTMO Discord and a strong online community around it indicates a significant user base.
• Academy & Coaching: The FTMO Academy and Performance Coaches are offered as distinguishing features, suggesting a focus on education and support, albeit within their specific model.

Managing Your Engagement with FTMO.com

For those who decide to proceed with FTMO, understanding their operational aspects and the process for managing accounts or subscriptions is important, even if the underlying model is ethically complex.

How to Cancel FTMO.com Subscription Challenge/Account

Since FTMO operates on a challenge-based model rather than a recurring subscription for access, “canceling a subscription” isn’t exactly applicable in the traditional sense. Bullx.io Review

Once you purchase an FTMO Challenge, that specific challenge is active until you either pass it or violate its rules fail. There isn’t a continuous monthly fee that you actively cancel.

• Challenge Failure: If you fail an FTMO Challenge by breaching the trading objectives e.g., hitting maximum daily loss or overall loss, the challenge effectively ends. Your initial fee for that specific challenge is then forfeited.
• Voluntary Discontinuation: You can simply stop trading on a challenge account. There’s no further penalty or fee if you decide not to continue, beyond the initial fee you paid for that specific challenge.
• FTMO Account Phase: If you successfully pass the Evaluation Process and get an FTMO Account, you’re operating on a “monetized demo account.” There isn’t a subscription fee. Your relationship is governed by the FTMO Account Agreement, and your “reward” is based on performance. To “cancel” at this stage, you would simply stop trading or inform FTMO of your desire to cease participation.

How to Cancel FTMO.com Free Trial

The FTMO Free Trial is a temporary demo account.

There’s no “cancellation” needed because it’s not a paid subscription.

It simply expires after a set period or if you hit certain demo trading limits. You can just stop using it.

• No Financial Obligation: The Free Trial carries no financial commitment.
• Automatic Expiration: The trial typically has a time limit or a set of objectives. once those are met or exceeded, the trial ends.
• No Action Required: You don’t need to formally “cancel” anything. Just discontinue use.

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The Bigger Picture: Skills vs. Speculation

The FTMO model, while appearing to offer a path to trading success, fundamentally operates on the premise of paying for a chance at simulated “rewards.” For individuals prioritizing genuine skill development, direct value creation, and ethical financial practices, investing in education, starting a service business, or engaging in transparent financial planning are far more sustainable and beneficial paths.

These alternatives empower you with real-world abilities and lead to tangible financial outcomes, rather than participation in a complex performance-based simulation.

Developing Real-World Trading Skills Ethically

If the interest is genuinely in financial markets and trading, there are more direct and ethically sound ways to develop skills.

• Learn Fundamental & Technical Analysis: Invest in courses or books from certified financial educators. Understand market dynamics, economic indicators, and chart patterns.
• Practice with Real Demo Accounts No Fees: Many legitimate brokers offer free, unrestricted demo accounts where you can practice trading with virtual money, often for an unlimited period, without any challenge fees or performance pressures. This is pure practice, not a game with a payout structure.
• Start Small with Real Capital: Once genuinely skilled and comfortable with risk management, consider starting with a small amount of your own capital with a regulated, ethical broker. This allows you to learn the psychological aspects of real trading with minimal risk, focusing on preservation of capital and gradual growth rather than chasing high “rewards.”

The Importance of Transparency and Directness

In financial dealings, clarity is paramount.

The FTMO model, with its “fictitious funds” and “simulated profits” paid out as “rewards” after an upfront fee, adds layers of abstraction that can obscure the true nature of the financial interaction. Natural.clinic Review

Ethical finance emphasizes directness, clarity, and avoidance of models that inherently rely on a significant portion of participants failing to recover their initial outlay.

• Beware of High-Reward, Low-Risk Promises: Any financial opportunity promising high rewards with “no risk to your own capital” should be scrutinized carefully, especially when it involves upfront payments for access to a performance-based system.
• Focus on Value Exchange: Seek opportunities where you directly provide a service, create a product, or invest in a transparent asset, leading to a clear and ethical exchange of value.

FAQ

What is FTMO.com?

FTMO.com is a proprietary trading firm that offers a two-step evaluation process FTMO Challenge and Verification designed to identify trading talent using simulated trading platforms.

Traders pay an upfront fee to participate, and if they meet specific trading objectives in a demo environment, they can be offered an FTMO Account with fictitious funds, earning a reward based on simulated profits.

Is FTMO.com a legitimate company?

Yes, FTMO.com is a registered company and appears to operate a structured business. No.diet Review

However, its legitimacy from an ethical standpoint depends on one’s perspective on paying for simulated trading opportunities that offer performance-based “rewards” rather than direct market access or guaranteed financial returns.

How does the FTMO Challenge work?

The FTMO Challenge is the first step of FTMO’s evaluation.

You pay a fee, receive access to a demo trading account with fictitious funds, and must meet specific trading objectives e.g., profit target, maximum daily loss, maximum overall loss within an indefinite trading period.

What happens after I pass the FTMO Challenge?

After passing the FTMO Challenge, you proceed to the Verification step, which has easier objectives e.g., a halved profit target. Upon successfully completing the Verification, you are offered an FTMO Account Agreement, granting you access to a “monetized demo account” with fictitious funds.

Do I trade with real money on an FTMO Account?

No, all trading on FTMO accounts, including the FTMO Challenge, Verification, and the subsequent FTMO Account, is done with fictitious funds in a simulated environment. Ovensupport.com Review

You do not trade with real money, nor do you risk your own capital in the market.

How much does the FTMO Challenge cost?

The cost of an FTMO Challenge varies depending on the initial simulated account balance you choose.

For example, a $10,000 FTMO Challenge is advertised for €89. This fee is paid upfront.

Is the FTMO Challenge fee refundable?

Yes, the fee for the FTMO Challenge is refundable, but only with your very first “reward” payment from your FTMO Account, after you have successfully passed both the Challenge and Verification stages and generated simulated profits.

What are the “rewards” from FTMO?

FTMO offers a “reward” of up to 90% of the simulated profits you generate on your FTMO Account monetized demo account. This is a payout from FTMO, not actual profits from trading real market capital. Agnewcars.com Review

What is the maximum daily loss rule for FTMO?

The maximum daily loss rule typically states that the sum of all closed positions and currently open floating P/Ls must not exceed a determined percentage e.g., 5% of the initial account balance at any point during a trading day.

What is the maximum loss rule for FTMO?

The maximum loss rule typically states that the equity of the trading account must not decline below a certain percentage e.g., 90% of the initial account balance at any point during the account duration.

Is there a time limit to pass the FTMO Challenge?

No, FTMO states that there is no time limit to pass the Profit Target for both the FTMO Challenge and the Verification step. The trading period is indefinite.

What are the minimum trading days for FTMO?

A minimum of 4 trading days is typically required, meaning you need to open at least one position on at least four separate days. These days do not have to be consecutive.

What is the FTMO Free Trial?

The FTMO Free Trial is a completely free demo account that allows users to experience the FTMO platform and test their skills under simulated conditions without any financial commitment or upfront fee. Hyros.com Review

How is FTMO different from a regular brokerage account?

FTMO is a proprietary trading firm that offers a simulated trading environment for evaluation and performance-based “rewards.” A regular brokerage account allows you to directly trade real money in the financial markets, risking your own capital for actual profits or losses.

What is the FTMO Scaling Plan?

The FTMO Scaling Plan allows traders to increase the fictitious capital on their FTMO Account if they consistently meet certain performance criteria, potentially leading to larger “rewards.” Your reward split can also increase to 90% under this plan.

What is Quantlane, and how is it related to FTMO?

Quantlane is a traditional proprietary trading company that manages its own real capital.

FTMO’s Premium Programme offers the best-performing FTMO Traders an opportunity to interview for a position as a professional trader with Quantlane, potentially leading to employment with a fixed salary.

Are there any ethical concerns with FTMO’s model?

From an ethical perspective, the model of paying upfront for simulated trading opportunities with “fictitious funds” for potential “rewards” can raise concerns about excessive speculation gharar and the clarity of the financial arrangement. While not a direct scam, it is distinct from straightforward investment or skill-for-service models. Selectforkids.com Review

What are better alternatives for skill development or ethical financial engagement?

Better alternatives include investing in online courses for practical skills e.g., programming, digital marketing, pursuing professional certifications, starting a legitimate business, engaging in ethical financial planning, or practicing real trading on free demo accounts provided by regulated brokers without upfront fees.

Does FTMO offer customer support?

Yes, FTMO offers customer support in multiple languages via WhatsApp, LiveChat, and email, with some channels available 24/7.

Can I really become a professional trader through FTMO?

FTMO states that its Premium Programme can lead to an opportunity to become a professional trader with Quantlane, a traditional proprietary trading firm.

However, this is for the “absolute best” FTMO Traders, implying a highly competitive and demanding pathway.

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