Anyone here trades with FTMO? I am about to get funded and wondering if anyone has issues withdrawing from FTMO

avoid at all cost

About us - Nothing is disclosed about their licensing & regulations.

This post has been edited by jack2: Feb 22 2024, 10:54 AM

Why avoid at all cost? Are they not legit?

It's interesting to see that you have passed a challenged but don't know how any of the prop firms work. None of them is legit because they cannot be regulated as they are not actual financial companies. The prop firms trade with simulated funds on demo accounts provided by legit brokers, therefore the prop firms themselves cannot be regulated by any regulatory bodies.

Also, if you can make money from them, then make as much as you can since your only risk is the amount you pay to get the funded account open.

Sorry to say that I never follow what the pop or prop firms are and how they work on

No problems so far. They can pay to your local bank account or wise account.

Get funded only you asked this?

should ask before you buy the challenge.

Short answer is no problem to receive their withdrawal.

Hi, i asked about wise but they said only bank transfer. How do you do wise transfer? Sorry for the late reply. Been so busy 😅

Banks wont reject the withdrawal right? How did you withdraw?

Wise from local bank to your bank account. No reject.

You can open a wise USD or EUR account, and use the account details for them to pay into.