You can do both, the majority of people are doing it as independent contractors and must handle their taxes according to the laws of their country. If you incorporate as company you'll have to let FTMO know beforehand and provide them with all the ...

FTMO - For serious traders

Cool, nice to know

prop firm new model - my trading journey

Hope I'm wrong but I think they wrote "no EAs and no scripts"...

prop firm new model - my trading journey

That's probably because they started to see no significant profit after a few weeks on such low leverage and began looking to scale up more quickly to make up for their investment of money, time and effort. Had they more room, they'd probably be ...

The5ers - Trading & Growth Program

OK, now I understand why some guys feel really happy to profit 20 bucks on a 10K account...

The5ers - Trading & Growth Program

I'm not wishing anything, my whole point has been that your description of SL limit and exposure limt are incongruent with each other and thus misleading, just that. Other than that, I'm perfectly fine with your company having rules that every ...

The5ers - Trading & Growth Program

Well summarized

The5ers - Trading & Growth Program

Right, but you can't even have 3 trades of 0.5% each running at the same time, only when two of them have their SL at breakeven or floating profit allows extra margin (?) can you add a third 0.5%.

The5ers - Trading & Growth Program

Sure, but 1.5% of a 52K account is above 7 lots on a 10 pips stop-loss for EU, so same issue but with bigger account size! image Of course, the account must be leveraged to at least 1:50, which I think might be the issue, haven't done the exact ...

The5ers - Trading & Growth Program

Just defining that "1.5% is the maximum risk allowed" would be simpler to understand and would allow traders to apply whatever money management stategy they want, as long as their combined position's SL do not go above that %. That is the account's ...

The5ers - Trading & Growth Program

Cool. thanks Nathan

The5ers - Trading & Growth Program

Not sure if it was asked before, is fully automated trading permited ? i.e. can I use my EAs to trade the qualification and later the funded account ?

The5ers - Trading & Growth Program

Found this interview on YT of Gil Ben Hur, the 5ers founder: video It's always reassuring to see a human face and the people behind the company showing up, it tells a lot about the solidity of the project and definitely builds trust. I'm placing ...

The5ers - Trading & Growth Program

On top of that, funded traders have explicitly agreed that they should not have any activity that could fall outside the "Trading according to a real market’ rule. It's obvious to me that exploiting a technical glitch for their own benefit at the ...

FTMO - For serious traders

Yeah, no drama is enough for the audience and the show!!

FTMO - For serious traders

I think they're just trying to find out who used their lagging issues to frontrun their prices and get an advantage that can't be replicated by their copier system.

FTMO - For serious traders

Well said, that's totally my point!

The5ers - Trading & Growth Program

Indeed, looks to me that the best approach is to use a trade copier on FMTO Server and trade from another broker until price feed gets fixed, bigger issue lies in the fact that - like maflip reported - they are jumping over the SLs when there's no ...

FTMO - For serious traders

So what? they should have correct price info on every time frame, dont you think? most people use htf to make decisions.

FTMO - For serious traders

LOL even the colors are wrong!!

FTMO - For serious traders