Fasttracktrading Omdömen 

Zero zero zero, big scam it is, a few moments ago i was on the main chat. I write (and the soap continue) they blocked me instantly.
2 min later they deleted my account.
They never pay me out.
So beware people
Its a big scam company.

A few things have gone wrong. I purchased an account, and made it to my first payout. I have been waiting almost a month now for my payout to arrive. Their "FAQ" section states the payout is processed within 48 hours and depending on method of withdrawal can take 1 to 7 days to reach my bank. My request was approved within 48 hours, and I have been waiting almost a month now for my payout. Every day it seems like there is some new excuse that payments are delayed. Today is the day they guaranteed that my payout would arrive no later than. It still has not arrived. They said a few more days and the payout will arrive. There have been numerous payout delays from others in the discord channel, and anyone who talks about it seems to get shunned by the FTT fanboys, support staff, and C-suite. It is perfectly reasonable for people depending on a paycheck to be worried when it does not show up on time and want to know when it is coming, especially if it has been delayed for weeks, even months. They don't even see fit to update the "How Long Do Withdrawals Take?" section of their FAQ section. The correct answer would be "When we get to you".

I understand companies can change their rules, but retroactively applying the rules and then subsequently denying payouts that were already approved under the prior rules is pretty shitty. I was not affected by this rule change but it does make me hesitant to reinvest if I ever do receive my payout. Being forced to make or lose a certain amount in order for the day to be considered valid is just insane.

They claim they payout, they claim they are the best prop firm around, but I got an eval from a competitor after I had been approved for the FTT payout, and just passed the eval, I wonder if I can get the payout from their competitor before my payout with FTT ever gets paid.

They claim that these issues are in part due to being a very young company and did not expect to grow this fast. I can see that, but with software, you go through alpha phase, beta phase, and along the way you stress test the system. What happens when you have so many users? They should have accounted for this case. They should have been prepared for it. They could have not taken more customers until they were ready for that scale. How did they expect to go live without automated payouts implemented yet? It is still a manual process, though they have claimed they automated a lot of the process.

What drew me in was the instant funding, bigger drawdown available for the account size, and one-time fee. It was interesting so I gave it a shot. I am glad i only got 1 account, and got it on sale.

I am not sure if I will reinvest my withdrawal for more accounts once paid. I may wait for a few months trading my 1 account and see if they improve. If my payout request ever does get paid, I will increase this review to 2 stars, because at least they paid out.

Edit:
They have just started shutting down multiple channels in their discord. No one can talk. This is extremely shady. Big red flag.

This company has been a complete disappointment week after week. Their CEO, Scott, spends his time on X and Discord arguing nonsense instead of addressing real issues. The timing of everything seems strange, and instead of solving problems, they just increase their debt, unhappy clients, and damage to their credibility.

They make payday promises that they fail to keep, paying randomly and sometimes even partially. It’s game over with this company. Save yourself the trouble – you’ll end up losing your time, money, and patience.

Waiting for payout since 10/14th, no pay by date email, no nothing. Support avoiding my questions and not answering clearly. Get into their discord to see the truth yourself. Dont.Go.With.Them.

Their Discord is a joke. Begging for traders to leave positive reviews here on TP. LOL pay your traders and give them a reason too. You pay a few hundred traders and expect the other thousands to give you a good review-lol. Your not so smart discord techs with their smarta$$ remarks wont help either. She talking about backlog-sweetheart you will never catch up unless you 1. either hire more people with authorization to approve and pay. 2. Cease all sales and trading. Not rocket science there little girl you keep letting people buy accounts pass them and request payout you can't dig out of the hole. Not to mention NO you don't skip around and pay some and not others and partial etc.. Again not rocket science pay in the order they were approved for full amount. Otherwise STFU with all your excuses. Any adults employed there? Just a bunch of lil punks. Too many other options in this space.

I was supposed to have 2 payouts totaling 4800 on the dates 10/29 and 31, but any payout did not arrive. I would like to ask all traders to consider buying with an account with this company, it may be a scam. Wait like 30 days on payout

Say whatever you want but FTT is the best propfirm for any trader.
Keep going on Scott.

They didn’t pay their traders; if someone does get paid, they’re simply lucky. The company operates on a Ponzi scheme, using money from current traders to pay previous ones. There’s no risk management in place. When their dashboard eventually showed a balance of 10 million, they panicked, canceled all payouts, and changed the rules. The people who promoted their affiliate program to bring in new traders weren’t paid, so they stopped affiliating, which caused sales to drop exponentially. I used to be both a trader and an affiliate for them, but after they canceled my payouts and withheld my affiliate commission, I left. If I could rate them zero stars, I would.

they are out of money
dont let the smooth talking ceo fool you. this company cannot pay all its traders. it does pay some and usually small amounts, but ftt is a sinking ship. i give it 2 weeks and ftt will be no more. dont waste your money and time

Hi,
I've traded with them now for a couple months And alot of growing pain has been made.
I've had an excellent experience with here. Their platform is user-friendly and offers a wide range of trading options. The customer service is top-notch—responsive and knowledgeable, always ready to assist with any questions I have.

The educational resources they provide have been invaluable, helping me make informed decisions. Additionally, their competitive fees and quick transaction times are a huge plus. I feel confident and supported in my trading journey.

FTT zahlt nicht aus! 5 Anträge bei positiven Gewinnen gestellt, nie eine Auszahlung erhalten. 5K ohne Auszahlung- Schade!
Ansich gute Bedingungen zum Traden gerade auch für Anfänger. Doch wenn die Auszahlungen ausbleiben, ist es unseriös!

FTT has threatened PROP FIRM Industry!

You may hear about delayed payouts and backlogs, that's nothing but growth pains. This firm has forced whole industry to change their ways of operation. Every week FTT is on top of Payout Junction. 1Million $ goes out in payouts every week. Instant Funding. Accounts for as low as $80. Unreal ROI on your investments.

Scott is determined to take this firm to the Moon! & He is working 24/7 to get back on track. Hop on & don't believe FUD on social media.

Most honest prop firm out there,full transperency and yes they are paying everyone!

Affiliates and traders waiting for 1-2 months for payouts with no end in sight. Empty promises everywhere. Staff shitshow.

This company is imploding right before your eyes. Instead of freezing new accounts and figuring everything out and getting everyone paid, they retroactively change rules, deny payouts and hope that new customers buying account help pay for their 2 month old payout requests.

A ponzi scheme.

I believe they are running very low on funds and are unable to pay traders. So then they run some shady business practices to try and stay afloat with no real long term solution.
1. sales to bring in new money
2. change the rules and back date the rules to decline payout
3. ban people from discord to keep them from asking questions
4. payout the smallest payments first to try and get those folks to rebuy accounts
5. delay payments
6. gaslight people waiting for payout that FTT is actually the victim and the customers are really the problem

None of these "solutions" solve the issue of a large backlog of funds they have to pay out.

I see affiliates not getting paid and big traders not getting paid.

Also the owner likes to show off new super cars and nice watches....

I looked into this firm for months before purchasing, there weren't any red flags until I was ready to buy. I always thought, "this firm feels too good to be true," I was right, always trust your gut.

So they have a process, you request a payout then weeks to a month later, it gets approved, then MAYBE you'll get paid, within 2 months.
So I assume within that long time from requesting but before approval, they want people to blow their accounts to avoid further having to pay.

The CEO says that funds are not an issue for late payouts, it was just a software thing, so why can't they multi-task the new ones while troubleshooting the old payouts.

I remember they would pride themselves on being better than the other firm that offers 20 accounts, but atleast the other firm reliably pays.

Anyways, I don't believe it is a scam, but I do believe it is completely not worth it to purchase these accounts for atleast a year, see how they fix these repeated issues. In the mean time, use a different firm that has EOD drawdown, maybe one without a strict consistency rule.

Their Discord is also a joke, they have 1 chat room where all day is people complaining about not getting paid, their support is sometimes helpful with it, sometimes they'll just send memes and gifs to people seeking help. While that's happening, there is random people talking trash to others having issues, it's just a complete mess; having only 1 chat room messes with the support aspect where some people go ignored.
Scott does seem genuine, so I do hope he can turn the company around from the absolute mess it is, and when he does, I'll gladly revise the review, until then, I'm sticking with a firm that takes a few days to pay, not months.

Staff, especially Scott have a superior complex when dealing with their customers. Calling them idiots even when bringing them business. Very disrespectful group of like minded individuals.
EDIT: They just deleted their entire discord. It's a rug pull.

Another threat from Varun Muthu - AKA - Sage - COO of Fast Track Trading regarding reviews. The company needs to stop threatening reviewers and focus on paying traders. Fast Track Trading is currently > 30 days behind on payments. Do not trade with this company until they stop making threats and pay their customers:
____________________________________
Sage | co-COO 10/28/2024 10:11 PM
EVERY 1 star review will be flagged and asked for details.

Trustpilot is not discord where you can hide behind a name.
Whoever called us a scam we will get there info and adios.
____________________________________

Processes at the firm are a mess! I can understand for a new organization! But if you ban your customers for giving a genuine feedback, then you can go nowhere as a company! I just wrote - " Everything is so difficult here, account purchases/payouts. Just a general feedback. Not trying to create fear!" They could not take this feedback and banned me from discord. I am sorry to say but this is not how you treat your customers for a genuine feedback! Good Luck!

Overall, this is a great prop-trading firm for everyone looking to trade futures. The rules are straightforward, everything is crystal clear. There was a problem with the payout system due to backlog, but the staff is clearly working on sending the payouts asap. There is clear effort on them and people are getting paid, albeit at a later date than originally planned. It is encouraging that in near future this backlog will be cleared, and the payout system will be automated and faster. There is literarily nothing negative to say apart from that delay.