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So which Firms are better than FTMO for December 2024?
FTMO is the latest in a burgeoning series of scouting programs. Propriety trading firms or “prop firms” put traders to the test (for a fee) through evaluations and challenges. The lucky few who pass are then funded with capital, and successful trades are split down a percentage with the broker. As scouting firms go, FTMO is an excellent all-rounder. Alongside a decent 80% payout for successful traders, FTMO equips users with webinars, workshops, and coaching.
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FTMO Partners with AlgoBuilderX for cTrader Algo Building Tool
FTMO, the well-known Czech Republic-based proprietary trading firm, has announced a new partnership with AlgoBuilderX, an external tool supporting algorithmic trading on the Spotware cTrader platform. This partnership marks the first of its kind for a prop firm. As part of this collaboration, FTMO clients will receive a 25% discount on AlgoBuilderX’s tools, which allow traders to automate their strategies with "cBots." AlgoBuilderX was launched earlier this ... [show/hide]
Thursday 05 September, 2024
Prop Trading Giant FTMO's 2023 Turnover Hits $213 Million
FTMO's 2023 turnover hit over $213 million, a 20% increase from the previous year. The company's EBITDA reached nearly $100 million. FTMO, planning to launch a brokerage, saw its trading accounts rise by 33% to over 2.3 million in 2024.
Wednesday 31 July, 2024
FTMO USA market update – suspension of the purchase of the FTMO Challenges
FTMO has decided to suspend the purchase of the FTMO Challenge for all new and existing US clients (nationals), just as they put a hold on onboarding new US clients. At the same time, the firm is looking for ways to make FTMO available again to all ... [show/hide]
Saturday 13 January, 2024
Trade without any time limit with FTMO and take as long as you want to pass
Listening and giving a voice to their community, FTMO introduces the Unlimited Days feature. Please note that trading without a time limit on an FTMO Challenge and Verification is only possible for newly purchased accounts made after the ... [show/hide]
Thursday 13 July, 2023
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