Licensed Prop Firm
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Is FTMO Challenge Legit?

Challenge is, without a doubt, the most accurate name for this. It’s a challenge and not for the faint of heart. Before FTMO opens up their coffers, aspiring FOREX traders need to go through a two-step vetting process. First off, the “Challenge” stage is explicitly tailored to identifying trading talent within the applicant.

For those lucky enough to have the talent, you get to move on to the “Verification” stage. During Verification, FTMO places you in their Proprietary Trading firm. With this placement, you get access to the coffers and the ability to manage up to $100,000 of capital.

And hold on to your seat for this; you actually get to keep 70% of the money you make! But, there’s more to this than that. The company will cover your losses….hum…I think I’m going to go ahead and try my hand at FOREX, haha. 

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