congrats I know that feeling experienced it first on 18 nov 2022...since then progressed to accumulate 1 million in funding . Wish you reach that as well my friend.
Congratulations on your first payout! I'm 3 months in my 10k challenge on my way to being approved soon. Thank you for sharing the experience, it inspires us all!
Hey, ich wollte auch anfangen auf FTMO zu traden. Aber ich bin noch unsicher wegen der Gewerblichen Lage . Ich müsste also vorher ein Einzelgewerbe gründen bevor ich eine Challange beginne. Oder reicht es danach?
Congratulations, we should really normalize taking our time to pass. Everyone just rushing. If it took you that long there is a good chance you will stay funded
i think no VAT because FTMO pays it but normal income tax (or corporate tax in this case).. but make sure to talk to your tax consultant to be sure i also let mine do all of this stuff because i have no idea :D
that is totally understanding. then is it possible to show us how you got the sittings? like how did you say "okay i want to try these sittings, and it might work". so it will let the subscribers discover by themselves how to make the right sittings by themselves and it will be diffrent than the one you got.
Herzlichen Glückwunsche René Zusätzlich hätte ich eine kurze zusätzliche Frage: Ich habe einen Expert Advisor versucht zu programmieren und soweit läuft er auch, nun habe ich versucht wie in einem deiner Videos diesen zu optimieren mit dem Optimizer in MT5, hier habe ich aber das Problem dass mein Broker scheinbar nur vom 01.01. bis 19.01 diesen Jahres simuliert, obwohl ich einen längeren Zeitraum angegeben habe. Mein Schluss daher dass die Daten nicht von Haus aus vorhanden sind, meine Frage an dich wäre hierbei ob du eine Lösung kennst wie ich diese Daten ziehen kann und somit auch einen längeren Zeitraum simulieren kann ? MfG
@@BIGG_1 Bro dunno I do not live there :D:D make sure to ask your tax consultant. there is also a great invention called google. knows almost everything ;)
Rene, thats is cool. Good for you! I guess you have also some challenges you did not pass, which is no shame of course. What is the ratio of winning challenges compared to all your attempts?
I think i lost like 5 to 10 challenges before mainly because of the 30 day rule. Since they removed this rule i only lost 1 and passed 1 and 3 are in verification phase.
congrats man! i have a question, for you to keep trading in FTMO, after every payout do you have to buy a new challenge? as in having to pay for it as if it was the first time you bought it? or do they give you another account
Hi Rene, you may have mentioned this but which EA did you use for the FTMO challenge? In regards to your offer with your EA's being free provided that I use IC markets. Is there any after support with this?
Hey, I used my Range Breakout EA in this account. What kind of support are you asking for? I do NOT recommend any settings or symbols or anything. But if you have any technical issues I am sure I will be able to assist ;)
Congats Rene. :) I would have a question regarding to the Experts and FTMO. According to the FTMO rules: "...also need to keep in mind that if they use a third-party EA, there may already be other traders using the same EA and, therefore, the exact same strategy. By using a third-party EA, traders run the risk of being denied an FTMO Account because they exceed the maximum capital allocation rule." So it's okay that you are using your own EAs, but you are also selling them. You don't afraid about loosing your account because your followers are using the EAs with the same settings? Or are you making small adjusments to not break this rule? Thanks for the reply in advance. Have a nice day!
What good news! How long will it take to return the account to the original balance to be able to start trading again? Are payments generally every 14 days?
Payments are mid or end of month. You can choose this. I received new login credentials directly after I requested the payout. New account is in profit already 👌
Hey bro just wondering, do they give u another funded account after ur payout? Or do u have to buy another one and do the challenges again? Also with the leverage of 1:30 is calculating the risk the same? Account size x risk / stop loss
@@johnnorman5603 you can request the payout at the 1. or 15. of a month if your account is in profit. and once you requested the payout they process it in a few days.
Actually no trading with eas are not allowed unless they are indicator based EA and not a auto trading ea. FTMO does not allow 3rd party programs for automated trading. It’s only a matter of time they figure it out as you have posted a video about it. I have seen another UA-camer got his accounts banned and that was the end of it
Hi sir i am new subscriber for your channel...i need to learn how to decompile MT5 - ex5 file to mql file can you please teach me i can pay for it sir ❤
I have no idea how this is done and do not want to know it. In almost any cases there is a good reason why the developer does not share the source code and it should be respected in my opinion 🙏
Kommt noch, keine Sorge 😂😂, naa, Spaß beiseite. Bin auch gerade dran, meine erste Challenge zu holen wird 'ne 10k Challenge. Ach ja, damit sie dir den Account nicht dichtmachen: Während FTMO Wartungsarbeiten darfst du nicht traden falls du das nicht wusstest. Viel Glück noch und ich feier deinen Akzent👍💯
congrats I know that feeling experienced it first on 18 nov 2022...since then progressed to accumulate 1 million in funding . Wish you reach that as well my friend.
I passed my ftmo challenge today. It took me 3 years and about 8 accounts.
Settled on a strategy and that's what done it for me.
Great to hear! Happy for you :)
well done mate, never give up
legend
Congratulations on your first payout! I'm 3 months in my 10k challenge on my way to being approved soon. Thank you for sharing the experience, it inspires us all!
Nice starting mine in January,
congrats :) I myself was in a challenge since October 2023 LOL but I got funded this friday. hoping to get a quick small payout within the month
Finally, someone as super patient as I am😂
@@prof_biney just stick with it :P
@@prof_biney yes but I decided not to be going forward😂 rather not waste so much time in the future and just bet bigger
got the payout + refund :)
@@viktoraberghow much?
Contratulations! That is just amazing. I am super hyped my self :D I am looking forward to all new videos in the future.
Congratulations and a wonderful clear explanation. my first payout is due 15/10/24 so your video has been very helpful! Keep up the great work!
Congrats bro i am stuck in phase1 since oct 24. Now i am in almost 8.5 percent draw down
Congrats mate - very well deserved!
congrats, keep it up!!
Rene becoming my fav coder mentor casually
❤ congratulations 👍 Boss❤
Congrats Rene🎉
CONGRATS BRO :D Keep up the good work
Congrats Rene 🔥
congrat !
Congratulations!
Hey, ich wollte auch anfangen auf FTMO zu traden. Aber ich bin noch unsicher wegen der Gewerblichen Lage . Ich müsste also vorher ein Einzelgewerbe gründen bevor ich eine Challange beginne. Oder reicht es danach?
Congrats... 🎉
Congrat🎉🎉
Congratulations my friend !
I thought you are South African at 1st because of your Dutch-English accent,congratulations after all my brother.
congrats 😊
Congratulations, we should really normalize taking our time to pass. Everyone just rushing. If it took you that long there is a good chance you will stay funded
Did you get a new account from FTMO then that you have to again fill a new contract?
Thanks for sharing :)
Jesus 7 to 8 months.. 🎉🎉
Hello René, congrats for the payout! Great work in your channel! I have a question about the payout, did you pay VAT (Mehrwertsteuer) for this amount?
i think no VAT because FTMO pays it but normal income tax (or corporate tax in this case).. but make sure to talk to your tax consultant to be sure i also let mine do all of this stuff because i have no idea :D
Congratulations René. Payout switch your range breakout bot on indicies ?
I used the range breakout in forex pairs to pass the challenge
Congratulations René on the payout. will it be okay to share with us with the sittings? thank you so much
Nope i am sorry. Do not want to give them any reason to ban me.
that is totally understanding. then is it possible to show us how you got the sittings? like how did you say "okay i want to try these sittings, and it might work". so it will let the subscribers discover by themselves how to make the right sittings by themselves and it will be diffrent than the one you got.
Do they take account back after 1 payout?
Maan. This guy is a happy man
I wonder if he ever gets upset.
Do u program fir trading view?
Hie,so you get reward after challenge phase 2?
Yeah after phase two you get a "funded" account and you can keep 80% of the profits in this account
May i ask, do you use the same bet on the different strategies or do you recalculate the bet during the session?
Not sure if I got your question but I use different settings in different accounts. But in each individual account I ususally do not adjust them.
Sorry for the confusion. Thank you, you answered my question ☺️
nice, can you make some video about what settings did you exactly use for the ftmo
No I am sorry. I do not want to get banned. But I talked about settings in general on the channel already ;)
good
Herzlichen Glückwunsche René
Zusätzlich hätte ich eine kurze zusätzliche Frage:
Ich habe einen Expert Advisor versucht zu programmieren und soweit läuft er auch, nun habe ich versucht wie in einem deiner Videos diesen zu optimieren mit dem Optimizer in MT5, hier habe ich aber das Problem dass mein Broker scheinbar nur vom 01.01. bis 19.01 diesen Jahres simuliert, obwohl ich einen längeren Zeitraum angegeben habe.
Mein Schluss daher dass die Daten nicht von Haus aus vorhanden sind, meine Frage an dich wäre hierbei ob du eine Lösung kennst wie ich diese Daten ziehen kann und somit auch einen längeren Zeitraum simulieren kann ?
MfG
What is the difference setting your bank payment details to be as a company rather than individual?
Tax reasons. You are not allowed to do it as an individual in Germany because it is a "busienss activity"
What about in the United kingdom?
@@BIGG_1 Bro dunno I do not live there :D:D make sure to ask your tax consultant. there is also a great invention called google. knows almost everything ;)
nicely done René ! what EA did you use in this account?
Range breakout
Rene, thats is cool. Good for you! I guess you have also some challenges you did not pass, which is no shame of course. What is the ratio of winning challenges compared to all your attempts?
I think i lost like 5 to 10 challenges before mainly because of the 30 day rule. Since they removed this rule i only lost 1 and passed 1 and 3 are in verification phase.
congrats man! i have a question, for you to keep trading in FTMO, after every payout do you have to buy a new challenge? as in having to pay for it as if it was the first time you bought it? or do they give you another account
no
No concurrent payments but if you want to pay for another account its up to you
nice , i payout total 11k
Hi Rene, you may have mentioned this but which EA did you use for the FTMO challenge? In regards to your offer with your EA's being free provided that I use IC markets. Is there any after support with this?
Hey, I used my Range Breakout EA in this account. What kind of support are you asking for? I do NOT recommend any settings or symbols or anything. But if you have any technical issues I am sure I will be able to assist ;)
Does this mean passed the verification phase we get a new account each month going forward ?
HI Rene Great video. Which another Prop Firm you trust and traded successfully?
I do not trade with any other porp firm
Which ea did you use to pass the ftmo challenge?
@@healthwealth5557 range breakout
how do i get started with your automated trading ?
Learn to code
Congats Rene. :)
I would have a question regarding to the Experts and FTMO.
According to the FTMO rules:
"...also need to keep in mind that if they use a third-party EA, there may already be other traders using the same EA and, therefore, the exact same strategy. By using a third-party EA, traders run the risk of being denied an FTMO Account because they exceed the maximum capital allocation rule."
So it's okay that you are using your own EAs, but you are also selling them. You don't afraid about loosing your account because your followers are using the EAs with the same settings? Or are you making small adjusments to not break this rule?
Thanks for the reply in advance.
Have a nice day!
I made some adjustments to the EAs so they should not ban me. But also if they do I do not really care.
congrats. how do u track your long term track record if you get a new account each payout?
I don't :D
How long did you trade this challenge before you have the 2k in profit?
Can i hold trades over Weekend with the Swing Account Type?
Yes you can hold over weekend in swing account only
Yes
What good news! How long will it take to return the account to the original balance to be able to start trading again? Are payments generally every 14 days?
Payments are mid or end of month. You can choose this. I received new login credentials directly after I requested the payout. New account is in profit already 👌
That's good! I thought you had to wait several days to use the account again. But apparently that is not the case. Thanks for answering
How often you get paid off??
How many payouts can we get in a month from FTMO ?
Congrats
Hey bro just wondering, do they give u another funded account after ur payout? Or do u have to buy another one and do the challenges again?
Also with the leverage of 1:30 is calculating the risk the same? Account size x risk / stop loss
You get another one
kann man sich nur 1x im Monat etwas auszahlen lassen?
Ich glaube theoretisch ist es zweimal möglich. Aber frag dazu am besten einfach bei FTMO nach :)
Wgich vps is you using
I use a vps from Strato
In how much time did the payment hit your bank account ?
Few days
Thanks mates 👍
How much do you need to make to get the refund?
You just need to be in profit at payout day
What happen to the account after your payout?
It becomes deactivated and you reveive login credentials for a new one
Hi sir, then how about the new account? Do you need to do the challenge and verification or not?
which EA did you use?
range breakout
congrats on your Payout :)
so will they transfer you withdrawal amount + refund ?
Yes they did already. Everything worked fine. No problems so far :)
is the 500€ profit from your verification phase still or after you completed that you made another 500€ of profit afterwards?
I made another 500 afterwards. You cannot request payouts for the profits in the verification phase.
Congrats Brother. How many days did you take to pass the FTMO Challenge(1st round) brother?
Like 6 month roughly
What is the 2fa code?
2 factor authentication
what is the duration of the first payout on ftmo ?
Took a few days
Overall very fast
thanks so you don't need to wait months every time ?
@@johnnorman5603 you can request the payout at the 1. or 15. of a month if your account is in profit. and once you requested the payout they process it in a few days.
oki but i saw that after that you need to wait 60days before another payout again it's true ?
I have about 5k to trade i am profitable on a demo account making about 10% a week. Should i use my own money or do a challenge?
Actually no trading with eas are not allowed unless they are indicator based EA and not a auto trading ea. FTMO does not allow 3rd party programs for automated trading. It’s only a matter of time they figure it out as you have posted a video about it. I have seen another UA-camer got his accounts banned and that was the end of it
yeah this might happen. we will see ;)
Bist du deutsch
Sí señor
Bien jouer
Im hearing ein bisschen deutsch
haha maybe :D
Hi sir i am new subscriber for your channel...i need to learn how to decompile MT5 - ex5 file to mql file can you please teach me i can pay for it sir ❤
I have no idea how this is done and do not want to know it. In almost any cases there is a good reason why the developer does not share the source code and it should be respected in my opinion 🙏
Taylor Matthew Lewis Nancy Jones John
Brown Michael Harris Steven Thompson Jeffrey
Why does he sound South African 😭😹
Never heard that :D but i would love it if people would not recognize my german accent right away :D
Gg
FTMO scammers ...
Dunno. So far they treated me nicely :D cannot say anything bad to this point
Not scammers. They never missed a payout in all the years I have with them
Kommt noch, keine Sorge 😂😂, naa, Spaß beiseite. Bin auch gerade dran, meine erste Challenge zu holen wird 'ne 10k Challenge. Ach ja, damit sie dir den Account nicht dichtmachen: Während FTMO Wartungsarbeiten darfst du nicht traden falls du das nicht wusstest. Viel Glück noch und ich feier deinen Akzent👍💯
@@animehunter7819 danke für den hinweis. wartungsarbeiten finden aber doch immer am wochenende statt oder nicht? da handle ich ohnehin nicht :)
Keine Ahnung wann genau, aber wenn du Ftmo Trading Updates eingibst kannst du sehen wann genau
how do i get in contact i want to buy your breakoout EA but have some questions
You can find him on the mql5 market... All his EAs are nicely there
you just did :)
I'm new to using EAs, downloaded the demo version and noticed I could not change settings as in time,positions, as you did on the videos.
Congrats