FTMO REJECTED MY PAYOUT ((❌⛔️WARNING!⛔️❌)) FTMO BANNED MY ACCOUNTS ⚠️

Note: The Waka Waka has proven itself to be an reliable and consistently profitable EA. We would recommend you use it only on a live account, or on a funded account with a Prop Firm you have personally traded with for some time using EAs, and have had no problems with payouts.

In this video, you will see:
✔️My accounts with FTMO were terminated, under questionable circumstances
✔️ My plan to continue trading and helping my subscribers, as I have done from the beginning.
✔️ I will stick to the commitment I made to help the underprivileged kids, even without my FTMO pay-outs.

⚠️Do your due diligence about which EA or strategy you will use for trading.

❤️ Let’s connect on social:

✔️ Thanks for watching this video titled: The End Of Prop Firms

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FTC DISCLAIMER: This video is sponsored by Darwinex.

Materials and opinions provided here are intended solely for informational purposes and does not constitute investment or trading advice made by the presenter and/or the Company. CFD and all other trading comes with a high risk of losing money rapidly due to leverage and other factors. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money.

[musamnguni]

Dude doesn't read the TNCs then complains when he breaks the TNCs and his account is terminated.. The jokes write themselves

[chrisdlc]

This isn't new to me, it's in their rules not to use EA. if they find out you using EA they will have the rights to terminate your account and is exactly what they did. You should've ask them first before you use EA.

[hichamlamsaouri]

I was about to enter with them but after seeing your video I won't do it anymore. It's clear their business model is fraudulent, they win when we lose... Thank you very much for the video and for your transparency 🙏🙏

[KennySVG]

If he was using the same EA but losing and continuously buying more challenges, FTMO would have absolutely no problem letting him continue. But when it's time to pay out, suddenly the rules are applied. Does that sound like honest business?

[discosalon]

"I admit, I didn't read the terms and conditions." stopped listening to you after you said that.

[nzzo]

I mean I totally understand your frustration, but FTMO clearly mentions that you are not allowed to have the same entry point (SL and TP also) as other traders and by using a public ea you will encounter that problem.

[SuperReddevil]

Petko please take them to court. We all will sign your petition as well, as your subscribers and as your students. Please take them to court so that they do not dupe people into doing this and paying their fees. Plus if you were doing something that is not permitted, then why were you allowed to trade for 10 consecutive months

[jlewis]

Same thing happened to me. Once you request a payout from ftmo on a 200k account they want to make up a reason not to pay you. They're no longer the gold standard for the industry. Just sad. I know how much that hurts.

[cryptosebas]

It’s terrible! if the best funding company starts doing this it’s a very bad signal! Embarrassing FTMO!

[dariociara]

Petko, thanks to you I finally became a profitable trader. Your experiments, your tests, changed my life. Prop firms are unreliable, we will continue to trade on brokers. Don't give up, you are our hero. And now you are also the big-hearted hero for many children. Thank you!

[kosbor]

@Petko if this was a 10k account there would be no issues whatsoever. That’s what they allow traders…10k by luring them in with the promise and certificates and payouts of 200k/100k accounts.. but when and if traders make it on higher payouts these are usually denied with various excuses since there is no control or regulation so they are free to change or interpret the rules how they see fit. Losing is the big winner for them, better save and fund your personal live account.

[juand]

Thanks Petko for sharing this info with the Fx community here.

[eriyabash]

This is scary all pro firms are shady the moment you are profitable there is an issue

[_marcusthetrader_]

All prop firms that left the US market led me to believe they were not legit and had some scandal going on and that's why they left because they would get caught

[lio]

I don't understand why people keep embracing these prop firms b.s, they are all scammish, better grow your small account..

[Miaw_grrrr]

Hi Petko. It was very unfortunate to hear your denials of payouts. We can't trust Prop firms now. I'm also facing the same issues with other prop firms. They're making profits from the our fees and don't even want us to succeed in trading.

[mikozaire]

You are a kind man. Thanks for donating your money.

[gabrielnedelchev]

May God bless you for the good deeds you do!!!

[absanji]

Use of Third Party EA on FTMO is not totally forbidden. Its conditional. I think, you can sue them in court for violating an agreement.

[martinsrenovations]

Hi Petko. Think of prop firms like sports betting websites. When you win they lose, when they win you lose. The funded accounts are simulated and they only use brokers for price action. There is no 'profit split' Your 'profit' is paid out of their profits which come from challenge fees.