The world of forex trading is replete with opportunities for those looking to leverage their skills and knowledge into substantial profits. One notable platform making headlines is FTMO, renowned for its proprietary trading challenges. Among their offerings, the FTMO 100K Challenge stands out. But the $655 fee associated with this challenge raises a crucial question: Is it worth the investment? In this article, we will break down everything you need to know to make an informed decision. Understanding the FTMO 100K Challenge The FTMO 100K Challenge is designed to evaluate and refine a trader’s capabilities. By successfully completing the challenge, participants gain access to a funded account of $100,000. What is the FTMO Challenge? Objective: To demonstrate consistent profitability while adhering to specific trading rules. Duration: Consists of a 30-day evaluation phase followed by a 60-day verification phase. Profitability Targets: Aiming for a 10% profit in the evaluation phase and… read more
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