Best EA For Passing The FTMO Challenge (2024)

Best EA For Passing The FTMO Challenge (1)

Set files included

Best EA To Pass The FTMO Challenge 2023​

  • P1,P2 & Post Funded Set Files

  • Proven Process For You To Follow

  • Plug & Play, Be Set Up In 15 mins

  • Busy Community Chatrooms

  • No it's not a HFT Bot - Can be used on any Propfirm

  • 100's Of Challenges Passed

  • Cancel Anytime

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Best EA For Passing The FTMO Challenge (2)

Yes, we have so many Myfxbook links and case studies. They’re accessible all inside the portal. You have Myfxbook links for all the set files from live and demo results. And again, you can jump on live calls with us to ask us anything else you want to know!

MyFxbook

We don’t expect you to use something we haven’t. We demonstrate everything to you guys live every single day in the trading room to give you full confidence in our trading tools or manual trading style. You can’t fake live, and it’s the reason we do it! We aim to be the best in the world as a service provider and trading education service.

Practice What We Preach!

Our dedicated support team is always on hand to assist you with any questions or issues you may encounter while using Phantom. We’re active and live 5+ hours a day in the discord, and you have 24/7 live support on the website. We highly recommend you jump on the live sessions with us if you have any Qs. We can help you out in real-time!

Unmatched Support!

With the FTMO crusher, you can easily configure settings to suit your trading preferences. You’re given a full instruction manual with detailed videos alongside to give you a complete understanding of how the trading robot works and how to use it. You’re also given multiple set files based on your trading objective or preference. This robot can be used after passing your challenge too. You reduce the risk and use the trend trading strategy to help you stack gains month after month. Regardless of your risk tolerance/trading style, you can tailor this robot to suit your preferences!

Customizable Settings

Risk management is everything in trading. If you can’t manage risk, you won’t be a consistently profitable trader, end of story. Phantom includes multiple built-in risk management systems that adjust your trades and positions to minimize losses and protect your account balance.

Risk Management

This EA was specifically designed to pass the FTMO challenge, which means it’s also designed to meet the FTMO Challenge’s stringent rules and guidelines, ensuring your trading remains within acceptable parameters! We’ve thought of everything here to give you the highest chance of passing with minimal work!

FTMO Challenge Compliance

Phantom uses a powerful trend-following strategy. There’s no hedge or martingale in this robot by default. (You can use the settings if you like, as they can be powerful when used correctly, but the strategies for using this robot to pass challenges don’t use either of those.) The robot identifies volume and will trade based on a volume-based range. We have a specific strategy for you to follow to maximize your success at passing the FTMO challenge with this powerful trading robot!

Strategy Designed to Crush the FTMO Challenge

Here’s why we think Phantom is the best EA to pass the FTMO Challenge: Phantom is a cutting-edge trading robot developed by the experienced team at BlackswanFx.com, specifically designed for crushing the FTMO challenge. Phantom meets all the requirements and performance metrics needed to pass the challenge successfully. Set files are also included; all you need to do is watch the videos and install the bot!

5-6 hours everyday

Live Trading Everyday

  • We Trade Mainly Pre London/London Session

  • Live For 5/6 Hours Per Day (Support & Trading)

  • Daily Market Analysis/Forecasts

  • Trade Management

  • Traders Chatroom

  • 1/2 Trades Sent Per Day - High Probable Entries Only

  • Pass Your Prop Firms Live/Manual Or With The Phantom

  • Cancel Anytime

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Best EA For Passing The FTMO Challenge (24)

Best EA For Passing The FTMO Challenge (25)

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Best EA For Passing The FTMO Challenge (26)

FAQ

Frequently Ask Questions

How do i get started with blackswanfx.com?

Simply click on the "Monthly Package," and proceed to create your account.

Who is Blackswanfx.com for?

We cater to traders who are tired of losing their accounts, struggling to control their emotions, or simply dislike trading in isolation and seek a community.

Can anyone learn how to trade Forex?

Certainly, anyone can learn how to trade Forex, which is precisely why we developed a unique technique. Our automated systems are designed to require little to no prior trading knowledge, enabling even beginners to earn profits.

Forex trading takes time to learn, feel confident in, optimize, and succeed at. You won't learn Forex overnight, and you won't make money with trading signals unless you have a game plan/system to follow. With our unique technique, you may start profiting from the markets from day one while learning how to trade manually.

We make things easy at Blackswanfx.com and will guide you along the way. We've seen traders with no experience develop with us into successful traders.

What do I get once I pay?

Upon joining, you'll have access to our Discord server, live trading, daily signals, the "Set and Forget" EA, the incredible Phantom robot, and all our resources and videos. Furthermore, we offer personalized support to guarantee your success, but it's up to you to put in the effort!

We hold live sessions throughout the day (in and around London and New York) to share trade bias, assist you in evaluating your own trades, discuss market possibilities, educate you on trading methods, and much more!

We've assisted over 8000 traders and have no intentions to stop; in fact, we've just updated our service!

Within your members section, you will also discover world-class training videos to view at your leisure - these are valuable regardless of your level of trading experience - as well as access to your discord group, affiliate dashboard, and you can even manage your own subscription!

Does this robot pass prop firm challenges?

Our Phantom Trading Robot includes pre-configured setfiles that can help traders pass prop firm challenges such as FTMO and MFF (My Forex Funds) etc.

Phantom's set files undergo continuous testing and updates based on current market conditions, with a minimum testing period of 50-100 weeks and verification on live accounts to maximize success.

However, it's important to keep in mind that there are no guarantees in the market, and past performance does not necessarily predict future results.

Do you provide Forex signals?

Despite our name suggesting otherwise, we don't

Despite having an amazing system, it is still possible to experience losses. Trading is inherently risky, and as such, we recommend that our clients only use "risk capital," or money that they can afford to lose. While our software is not a magic solution, it does offer the option to customize its settings. Depending on your risk appetite, you can adjust the settings to make it either more conservative or aggressive.

provide forex signals. We are transparent and upfront with our traders, cautioning them that relying solely on forex signals is not a guarantee of consistent success. Our community offers a variety of resources, including top forex signals, trade concepts, and tools, all designed to help streamline the psychological and technical aspects of trading. It's important to note that profitable trading involves much more than what you might think.

If you'd like, you can share your best forex signals with the community for feedback, which can help build your confidence. While there has been a surge in social media presence from signal providers, it's important to do your research if you're seeking out forex signal services.

Many forex signal providers promise the best signals, but in reality, this isn't always true. There are many spammers in the market. If you want to learn more about why relying on a free forex signal source isn't the best way to build a career in trading, please reach out to us via our 24/7 live chat, and we'll explain how signal providers operate.

At Blackswanfx, we provide much more than just forex signals. We are dedicated to offering first-rate trading education, tools, and skills that will enable you to become self-sufficient and not rely on a forex signal source.

Do people lose money with this system?

Despite having an amazing system, it is still possible to experience losses. Trading is inherently risky, and as such, we recommend that our clients only use "risk capital," or money that they can afford to lose. While our software is not a magic solution, it does offer the option to customize its settings. Depending on your risk appetite, you can adjust the settings to make it either more conservative or aggressive.

If it's so good, why aren't you utilizing it instead of selling it?

We are making the most of this technology's capabilities! Recognizing its potential to assist countless individuals worldwide, we are committed to serving our community to the best of our abilities. This is the very reason for Blackswanfx's existence!

Is this to good to be true?

We understand your concerns, but please hear us out. Is it accurate to say that people consistently make money through market trading? Absolutely, yes. However, is it also true that they have a set of rules or a plan in place to achieve these results? Undoubtedly, YES. Therefore, all we've done is incorporate some of the most successful trading strategies into our software to help everyone who uses it trade more effectively.

is the trading robot hard to set up?

No, the trading robot merely needs the ability to switch on a laptop; if you can do that, you're good to go!

We offer straightforward step-by-step video tutorials within your members dashboard to help you through getting everything set up as soon as you join up.

And if you get stuck at any moment, we offer live chat help available 24 hours a day, 7 days a week; just click the live chat widget down below.

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Best EA For Passing The FTMO Challenge (2024)

FAQs

Can I use EA to pass the FTMO challenge? ›

They also need to keep in mind that if they use a third-party EA, there may already be other traders using the same EA and, therefore, the exact same strategy. By using a third-party EA, traders run the risk of being denied an FTMO Account because they exceed the maximum capital allocation rule.

How to pass FTMO easily? ›

To achieve successful trading in the FTMO Challenge, there are some tips you can follow:
  1. Follow a disciplined approach to trading.
  2. Use specific indicators to identify potential trades.
  3. Minimize your losses and take profits.
  4. Look for confirmation on the daily chart.
  5. Keep an eye on the 20, 100, and 200 Moving Averages.

What percentage of people pass the FTMO challenge? ›

There is estimated to be a 90% fail rate of traders that take the FTMO challenge. The reason behind this is due to traders chasing the profit target with a time restriction in place. A trader doesnt know when a winning streak might occur, or when they may take a string of drawdowns.

What is the best platform for FTMO challenge? ›

Some popular platforms among traders include MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and TradingView. The choice of platform will depend on your trading style, experience level, and the specific requirements of the FTMO challenge.

Is EA good for forex? ›

Yes, expert advisors work, and people even use multiple forex Expert Advisors to make handsome profits. However, an EA's effectiveness varies depending on factors like the specific EA strategy, market conditions, and trader expertise.

Can my broker see my EA? ›

Yes, the brokers can. As the EA uses a hedging algorithm its high intensity lets the forex brokers know about it.

What is the 2 minute rule for FTMO? ›

Be reminded that if your Stop Loss or Take Profit is activated/filled during the restricted time window of 2 minutes before until 2 minutes after, it may be taken as a violation of the FTMO Account Agreement. Other non-targeted instruments can be traded normally. E.g.

Can I pass FTMO challenge in one day? ›

There is no time limit within which you need to pass the Profit Target, the Trading Period is indefinite. As soon as all the Trading Objectives of your FTMO Challenge are met and your results are reviewed, you can proceed to the Verification phase. The minimum time to complete an FTMO Challenge is 4 trading days.

How many times can you fail FTMO challenge? ›

You will be removed from the Premium Programme if one of the following situations occurs: You fail the FTMO Account which is part of the Premium Programme. You fail 3 accounts regardless of the of the stage (FTMO Challenge, Verification, FTMO Account)

What is the most traded pair in FTMO? ›

Majors are the most traded and liquid currency pairs. All of them are paired with the US dollar since the US dollar makes more than 80% of all trades in the forex market. So which currencies are the majors? The most traded currency pair is EURUSD, nicknamed Fiber.

Does FTMO really pay? ›

Even though FTMO Traders trade with fictitious capital only, they are entitled to obtain a reward in the form of real money if they can generate “profit” on an FTMO Account.

What is the maximum daily loss in FTMO? ›

For a Normal risk account type, the limit is set at 5% of the initial balance. Let's take the Normal risk account with the 5% limit as an example. If you have a $200,000 FTMO Account, you must never exceed the total equity loss of $10,000 in one day.

What is the best platform for FTMO? ›

Which platform is the most popular? The most used platform among forex traders has long been MetaTrader 4 and this is also true for FTMO clients. This platform has been available to traders and brokerage firms since 2005 when, after several attempts, Metaquotes released a version numbered 4.

Can I use EA for FTMO challenge? ›

If you intend to use trading robots (Expert Advisors – EAs), keep in mind that if you use an EA from a third party, you run into a risk of being denied the FTMO Account if you exceed the maximum capital allocation rule.

Who is better than FTMO? ›

Comparison of FTMO Alternatives

Rise, Crypto, Bank, Wise, etc. In summary, these alternatives are all great, but they all have their cons (and pros).

Are EAs allowed in FTMO? ›

Be informed that EAs are allowed at FTMO. We do not interfere nor give advice on that, we just want to make sure traders understand the maximum allocation per trader/strategy of 400 000$.

Does funded trader allow EA? ›

At FundingTraders, we value innovation and automation in trading, and we permit the use of EAs (Expert Advisors) and Bots to enhance your trading experience. These tools can help streamline your trading strategies and improve efficiency in executing trades.

Can I use EA on forex com? ›

Your FOREX.com MetaTrader account can be supplemented with an array of popular EAs, including Alarm Manager, Correlation Matrix, Mini Terminal, Session map and Sentiment Trader. Each of these Expert Advisors - and more - are available as a free download to use in both MetaTrader 4 and MetaTrader 5.

Can I use EA on MT4? ›

For most traders, EAs are primarily used for forex trading. But you can use them to trade any market that's available on your MT4. If you're an IG client, for example, you can use an EA to trade forex, indices, cryptocurrencies and commodities on an enhanced MT4.

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