One of the Best prop firm in the industry that you can trust FTMO and you should
There are only three prop firms that we can trust at the moment in the industry with clear rules and guidelines which are not meant to fail you every single time.
These are the three industry leading prop firms
- FTMO
- Funded Trading Plus UK
- Audacity Capital UK
We will break down why we think these are the best funded programs and we will go deep with each of them separately.
Here is how we have ranked them, the criteria being
Company registration, balance in company accounts, established year, Trustpilot reviews, Facebook Reviews and LinkedIn Profiles of the owners and company. We have done all these checks before commenting on each of this companies, and we will provide clear reasoning why they are the best of the best in the prop firm industry.
FTMO
Based on the company records from EMIS of the parent company FTMO S.R.O. (CZECH REPUBLIC), it is very clear that they are a profitable company, even though there is an reduced net profit for the period of 2022, the Net sales has increased significantly. However, the figures are not public other than the visual picture of the company records.
Here is the picture of it
Source: https://www.emis.com/php/company-profile/CZ/Ftmo_SRO_en_14312035.html
Established Year: 2014 according to company records
4/10 for the company records
Trustpilot
This is how we evaluate the Trustpilot, reviews because there could be large number of fake reviews from competitors and traders clearly do not understand risk management and think they can get away by using publicly available EA, just think about this if few people are using the same EA, that EA going to place trades at the same time for every single account which is going to flag in their system.
Based on the Trustpilot reviews, they have about 95% positive results, 3% 1 start reviews from frustrated traders who clearly have lost their trading accounts because of poor risk management and public EA use.
8/10 for the Trustpilot
We have taken a deep look at the Facebook reviews, it clearly shows that they have gotten a 4.8/5 star rating with 1,106 which is impressive. However, there are quite a lot of Fake reviews published by different individuals just to show case their business activities and scams because the view count they could have since FTMO has about 174,000 followers at the time of this writing.
7/10 for the Facebook
Based on LinkedIn, they currently has about 21,00 followers and we couldn’t find any negative comments or suspicious activities other than positive activities that promotes the brand image. There has being 2 recent senior management hires with a overall headcount growth of 10%, with a average tenure of close to 2 years.
8/10 for the LinkedIn
Based on our analysis we can give a bro score of 6.75/10, since the company records are not clear and not opened to the public.
