Forex trading with FTMO - A journey of teamwork and inspiration
Our forex trading journey can be an isolating one. We’re often trading on our own, or with a small group of friends and family, who are inexperienced in trading themselves. This isolation can make our journeys seem lonely and arduous as we trade, whether it’s our first time or our hundredth time trying to turn a profit in the Forex market. To help combat this loneliness, FTMO has created an online community of traders around the world where you can share your trading experiences with others who are at similar points in their trading journeys and who have goals which may be similar to your own.
What is FTMO?
Forex Trading Made My Options (FTMO) is a company that allows users to trade on the forex market from anywhere in the world. Our traders share their experiences, skills, and strategies together so you can feel connected and inspired. We provide customers with the ability to trade Bitcoin, Ethereum, Litecoin and Ripple as well. In addition to our popular forex products, we are excited to announce that we now offer crypto options! - Browse through our list of cryptocurrencies: Bitcoin, Ethereum, Litecoin and Ripple
- Investing $10 for each one will cost $4
- On January 3rd, 2020, the customer will receive either $20 or 0 depending on which option they choose - Currently, there are 4 coins available: Bitcoin, Ethereum, Litecoin and Ripple
- Customers can invest as little as $10 per coin ($40 total investment) - As an example, if you invested $10 per Bitcoin and it increased by 5% before January 3rd, 2020 your payout would be 20+0 = $20
- If it decreased by 5% before then your payout would be 0+0 = $0.
- If instead of investing just in Bitcoins, someone invested in all four currencies at once their payout would increase exponentially
- The more people invest the higher chance they have of making money
How is FTMO different from other forex trading platforms?
FTMO is an online forex trading platform that offers the best experience for traders. Unlike many other Forex platforms, we are not a typical lonely Forex game. Our traders share their experiences, skills and strategies together to create solidarity. We offer a plethora of tutorials and videos to guide you through your trading journey. With our 24-hour customer service available, we'll be there every step of the way to answer your questions or provide assistance when needed. No matter what path you take, learning how to identify market trends will always come into play. From technical analysis and price action methods to more complex tools like Elliott Wave theory and Fibonacci analysis, you will find that understanding market behavior comes as a result of extensive research. Armed with this knowledge, traders can then develop their strategies so they know when to enter and exit positions correctly as well as avoid common pitfalls. In order to learn these techniques, traders must first learn about Forex indicators and oscillators such as Bollinger bands, RSI or MACD. The foundation of all these indicators lies in the concept of volatility: past volatility determines future volatility. For example, if a currency has had high volatility recently, its likely to have higher than average volatility in the near future. On the other hand, if it has had low volatility recently, it’s unlikely to have high levels of volatility soon. So at any given moment, you’re looking at historical data on where a currency has been and making predictions on where it’s going. Indicators like these give us predictive power over what is happening now and also show us where things are going next.
What do FTMO traders have to say about the platform?
One of the best things about Forex Trading is that you are not always alone. The Forex market is a team effort. You don't have to do it all on your own. I get support from other traders through the chat box or I can share my trades with them for their opinions. It's like we are in this together! That sense of camaraderie gives me strength, motivation, and encouragement. And, because I feel so much more connected to the world, when I go into battle I feel like there are people cheering me on too. People I know and respect care about what happens in my life as well as how hard I work. Plus, because we're such a tight-knit community here at FTMO, everyone feels involved and important. We are fighting the same battle together against fear, anxiety and uncertainty by showing one another that it gets better each day and overcoming challenges together!
The person who wrote this blog post was talking about how they felt supported by being able to communicate with other traders at FTMO while also sharing trade ideas with them which gave them an increased sense of connection with others in their trade group which helped give them courage during hard times.
How can I get started with FTMO?
1. Create your account by clicking the Sign up button on our homepage.
2. Fund your account by transferring money to us via wire transfer, bank transfer, or credit card.
3. Start trading! All you need to do is sign in to your account and place a trade. Our currency pairs are available 24 hours a day, 5 days a week (excluding US holidays). Forex traders can choose from over 80 major currencies, 4-digit index futures, and 4-digit bond futures for trading. We also offer Level II market data for traders who want to be able to read stock prices before they buy it. You can also watch video tutorials and training videos as well as get trading signals from our experts so that you don't have to figure everything out yourself. If you ever need help understanding something or just want someone else's opinion, we have an experienced team of support agents waiting for you on the phone 24/7. It's important to us that all our members feel like they belong, which is why all new traders automatically get a free three month subscription to social chat app Linekong so you can meet new people who share the same interest as you. Even though trading may seem intimidating at first, FTMO makes sure every step of the way goes smoothly and painlessly so there isn't any chance of getting overwhelmed. So what are you waiting for? Join us now!
FTMO review: A guide to funded trading programs
The Forex market is a global 24-hour market that trades currencies. Open to everyone, Forex traders don't need to be physically present to trade in the markets. What they do need is a broker or an online platform to access the markets, their capital in order to place trades, and some basic knowledge. To get started on your Forex trading journey with FTMO you'll need:
- First off, register for a demo account
- Download our MT4 Platform and practice
- Start reading about forex trading strategies from this blog post and from other sources
- Watch our Forex trading videos so you're ready to start practicing! - Take part in our live discussions where you can ask questions and receive answers within minutes ! Check out our Trading group on Facebook. We have special offers available at the moment: $1000/month without commission (or $400/month with 10% commission). As soon as we are connected on Skype, we will set up a meeting to talk more about what exactly you want to learn and how we can help you achieve it. For example, if you want to trade during the night time (GMT +8), then we will give you instructions on how to find different time zones and when exactly certain events happen. For example, EURUSD tends to rise in value during Asia session because Asian countries' demand usually outweighs supply. With these tips, it's easier for beginners who may not know much about technical analysis to know when best times are for entering into trades.
- Trade with a team of people who share their trading experience together
- Practice your skills by discussing strategy with fellow traders
- Get inspired by great traders like Brian Gentry who has made millions using Fundamental Analysis
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