Why I don't like FTMO anymore
I've been looking into how FTMO run their platform, how most prop firms run their platform, and its bothering me more then I like to admit.
Firstly, they don't actually trade for you. They just simulate it and pay you when you simulate profit.
And then, to add insult to injury, the money you get is just money from poor innocent people who don't know better, who buy these challenges and then loose the money. There is no real trading going on here.
I've been looking into alternatives as well and most of them are like that. The new one that I've found is UpsideOnly, where you don't have to risk anything. Just trade and then an ai will evaluate whether you are good enough and will actually place trades for you.
Anyway, just thought I'd share this info so people can actually educate themselves and wake up to the scam that they are part of.
Posted Jun 12, 2026, 11:43 PM UTC