Why FTMO Leaderboard is important

2 Major Reasons Why FTMO Leaderboard is Important in Forex Trading

Last updated on January 28th, 2023 at 01:00 pm

FTMO Leaderboard is a scorecard displaying the names, equity, and profits of top prop traders. Quick question: What gives forex traders a reason to press on no matter the challenges they face on their trading journey? Motivation.

As new innovations are made in the forex trading industry, prop trading firms are rolling out beneficial products to help traders make maximum profit from the forex market. One of those amazing products is the FTMO Leaderboard, an innovation that has had a positive impact on forex trading.

In an exclusive research study by OpWell Forex, 70 percent of prop traders said the leaderboard on FTMO prop firm has had a major impact on their ability to manage risks and make more profit.

Advantages of FTMO Leaderboard

Here is an explanation on how the Leaderboard for top traders can improve your forex trading skills.

  1. Better Strategic Planning

FTMO Leaderboard helps traders visualize their trading performance against other traders (competitors). Upon seeing the results, traders are pushed by their inner self to make the best use of their forex trading strategies. That way, the trader’s results are improved significantly.

  1. Accurately reflect a trader’s achievement on a global scorecard
FTMO Leaderboard
A screen grab of traders’ performance on a Leaderboard. [Photo: Source/OpWell Forex]

FTMO Leaderboard displays trading results of most profitable traders to a global audience.

If you are an FTMO trader and your name appears on the leaderboard, the thought that you are listed on a global platform as one of the best profitable traders encourages you to be consistent with your trading results.

Conclusion

Trading with a forex prop firm is a great way to raise capital. However, you should be aware that your success relies so much on your risk management skills.

Author

  • Editorial Staff

    Editorial Staff at OpWell Forex is a team of Forex experts led by Brian Bill Opiyo. We have been creating forex trading tutorials and other forex related articles since Feb 2021, and OpWell Forex has become the largest free Forex Trading resource site in the industry.

We’d love if you stay involved with our community:

Tip: Have you been looking for a reliable forex broker? Shift to XM Global and earn with us... JOIN NOW>>

1. Join us on YouTube

2. Like us on Facebook

3. Follow us on Twitter

4. Follow us on Linkedin

5. Follow us on Pinterest

6. Follow us on Reddit

7. Follow us on Quora

8. Follow us on Telegram

9. Follow us via Email

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top