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FTMO and Maysir: Where Trading Ends and Deception Begins

Автор Admin, Май 13, 2025, 07:20

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FTMO.com is not a traditional broker, but a prop trading firm that offers traders the opportunity to trade with company funds after completing a paid evaluation. However, beneath the surface of "trader support" lie practices that raise serious ethical and spiritual concerns.

Problematic Aspects of FTMO


  • Paid Evaluation with High Risk: Traders are required to pay for the evaluation phase, but the likelihood of passing and receiving a funded account is very low. This resembles gambling, where the majority of participants lose their money.
  • Strict Rules and Limitations: FTMO enforces strict trading rules, where any violation — even by a profitable trader — results in immediate termination. This creates an illusion of support while actually minimizing company risk at the trader's expense.
  • Lack of Transparency: The firm provides little clarity on how it generates revenue or shares profits. This lack of openness raises doubts about the fairness and honesty of their business model.

Spiritual and Ethical Analysis


From a spiritual standpoint, FTMO's practices raise significant concerns. In Islam, gambling (maysir), usury (riba), and exploitation are prohibited. If a company profits from traders' failures, this contradicts the principles of fairness and honesty.

"And do not consume one another's wealth unjustly or send it [in bribery] to the rulers in order that [they might aid] you to consume a portion of the wealth of others while knowingly doing wrong."
— Qur'an, Surah 2:188

If FTMO's business is based on the fact that most traders lose their fees during evaluation, it could be considered exploitation and deceit.

Conclusion about FTMO


FTMO presents itself as a supportive structure for traders, but its core model is ethically questionable. Behind the promise of opportunity, it may exploit traders' hopes and ambitions, profiting from their failures. From a spiritual and ethical perspective, this model raises serious concerns.

Recommendation: Be cautious and critical when considering FTMO's offers. Assess not only the potential financial gain, but also whether the company's practices align with your spiritual and ethical values.