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Cancellation service #1 in Philippines
Ftmo is a Prague-based trading evaluation company that lets you pay for a challenge, prove your trading results in a simulated environment, and then qualify to manage a funded account setup. The company operates from the Czech Republic, and its official terms are published by FTMO Evaluation Global s.r.o. at its Prague address "ftmo.com".
If you are in the Philippines, the key thing to understand is that Ftmo is not a typical monthly entertainment subscription. In practice, many users pay a one-time challenge fee such as $79.00 (₱4,464) or $499.00 (₱28,194) for a specific account size, then decide later whether to renew or buy another evaluation. The official FAQ says fees are not recurrent, which matters a lot when you are trying to stop future charges "ftmo.com".
You are paying for access to a simulated trading evaluation with rules, profit targets, and risk limits. For example, the FTMO Challenge: 1-Step includes account sizes from $10,000 up to $200,000, with one-time fees from $79.00 (₱4,464) to $999.00 (₱56,444) based on the official price list "ftmo.com".
The truth is, many Filipino users get frustrated because they expect a simple cancel button like a streaming app. Ftmo works differently. You may be trying to cancel an account, stop using the service, or request deletion and refund. Those are related, but not exactly the same process, and that is where confusion starts.
Ftmo is accessible from the Philippines through its website, but support is centered on global channels. The company lists live chat as available 24/7, email at [email protected], and phone support at +420 910 920 310 from Monday to Friday, 9:00 to 17:00 CET "ftmo.com". For someone in Manila, that phone window lands outside the most convenient local hours.
There is also one practical issue reported by local users: phone support is in English only. If you are more comfortable handling a billing or refund issue in Filipino, email is usually the safer route because you can write clearly, attach proof, and keep a record. Just a reminder, Ftmo does not show a standard auto-renewal clause in its terms, so many Philippine users are dealing less with recurring billing and more with account deletion, refund deadlines, and proof of cancellation "ftmo.com".
Many users get annoyed when the process is unclear, especially after paying $199.00 (₱11,244) or more and then realizing they may not get a refund. Before you cancel, take 5 minutes to gather proof. Save a screenshot of your active challenge or account page, note the purchase date, and keep the payment receipt or transaction ID.
You should also check whether you are still inside Ftmo's 30-day refund window. The official policy says consumers can withdraw within 30 days of purchase, and after that point no refunds are provided for used services or unused periods "ftmo.com". If you are on day 28 or day 29, do not wait for a casual chat reply. Send your cancellation and refund request immediately by email so the timestamp is clear.
Ftmo does not present a simple universal in-account cancellation path like Settings > Subscription > Cancel on its public help pages. The official help page for account deletion directs users to contact support, and the verified cancellation method is email to [email protected] "ftmo.com". You can use the help page here: Ftmo account deletion FAQ.
When you open the website, go to the support area or FAQ, then use the account deletion guidance as your reference point. In your message, include your full name, registered email, challenge or account details, purchase date, and a direct sentence such as: "Please cancel my Ftmo service and confirm account deletion." If you are also asking for a refund, write that in the same email and mention the exact amount you paid, such as $79.00 (₱4,464) or $319.00 (₱18,024).
The most reliable cancellation channel based on Ftmo's published information is email. Send your request to [email protected] and keep the sent copy. Live chat is available 24/7 on the website, which is useful for asking where your request stands, but chat is weaker as proof than email because transcript access can be inconsistent unless you save screenshots "ftmo.com".
If you want direct human contact, phone support is +420 910 920 310 during Monday to Friday, 9:00 to 17:00 CET. For users in the Philippines, that time difference can be inconvenient, and local reports say the line is in English only. If your concern involves refund denial or a billing mistake, call only after you have already sent an email so there is a paper trail.
You can also send a registered letter to the company address in Prague if you want stronger proof for a serious dispute. Some users now use digital registered mail services such as Postclic as a faster substitute for traditional registered mail because the sending and receipt timestamps are easier to preserve. That said, email is still the simplest starting point for most Ftmo cases.
Use this structure in your cancellation message so support can process it faster:
Ftmo does not clearly promise that access remains active until a future billing date because its main challenge fees are listed as one-time charges, not recurring subscriptions "ftmo.com". In plain terms, your cancellation request is usually about ending your relationship with the service and deleting the account, not stopping a monthly plan in the way Netflix or Spotify works.
If you purchased a challenge recently and ask for cancellation inside the 30-day refund period, your access status can become part of the refund review. This matters because the company says no refunds are available for services already used or consumed after the 30-day window, and that policy can affect how support looks at your request "ftmo.com". Save platform screenshots before asking for deletion.
The official FAQ says fees are not recurrent, and the terms do not specify an auto-renewal clause "ftmo.com". That means if you do nothing, Ftmo does not publicly describe a standard automatic monthly rebill in the way app subscriptions normally do. Users generally have to renew manually or buy a new challenge to continue.
This is good news if your main fear is silent recurring billing. Here is the catch: a one-time payment can still lead to refund disputes if you expected to stop early and get money back. Many complaints are really about failed refund expectations, not surprise renewals.
Ftmo's terms say user data may be retained for a period required by applicable laws or for legitimate business purposes "ftmo.com". So even if your account is closed, do not assume every record disappears instantly. Billing data, support tickets, and compliance-related records may stay on file for some time.
Before sending a deletion request, export or save anything you may need later. That includes invoices, challenge results, chat transcripts, and the exact email confirming closure. If a payment issue comes up 20 to 40 days later, those files become your evidence.
Many users in the Philippines get upset when they cancel and still cannot recover what they paid. The official policy is strict: a 30-day refund period is provided from the date of purchase, and after that, no refunds are available "ftmo.com". The same policy says no refunds are provided for services already used or consumed, and no refunds are given for unused periods after the 30-day window.
In practical terms, if you paid $499.00 (₱28,194) for a challenge and only decide on day 35 that you no longer want it, the published policy does not support a refund. If there was a billing error, Ftmo says to contact [email protected] and that refunds may be considered case by case "ftmo.com". That is one of the few exceptions they openly mention.
For Philippine consumers, RA 7394 or the Consumer Act is the main reference for consumer complaints, while DTI handles many online subscription issues. There is no universal statutory cooling-off rule for every online service purchase, but Ftmo itself offers a 30-day withdrawal period in its policy, which is actually clearer than many digital platforms provide.
If your case involves a misleading charge, continued billing despite cancellation, or a payment you did not authorize, you can raise it with your bank, credit card issuer, GCash, Maya, or BSP. Under BSP dispute practice, cardholders typically have up to 60 days from the statement date to contest a transaction. Save screenshots of your cancellation email and any support reply before filing a dispute.
Send one email to [email protected] with the subject line clearly saying refund request. Include your full name, registered email, purchase date, amount paid, account size, and a short explanation. If the issue is a billing error, write that phrase exactly because Ftmo's policy mentions billing errors as a case that may be reviewed "ftmo.com".
If support does not answer, use live chat within 24 hours and ask for a ticket reference. If there is still no resolution and you were charged without authorization or after a valid cancellation, contact your bank or e-wallet provider and ask for a chargeback or transaction dispute. In the Philippines, that can be done through your card issuer, GCash, Maya, or by escalating to BSP for payment-related complaints and DTI for consumer issues.
Ftmo's terms do not specify an auto-renewal clause, which matches the FAQ statement that fees are not recurrent "ftmo.com". They also do not specify a minimum commitment duration. The practical reading is simple: you usually buy access as needed rather than entering a locked long-term plan.
The terms also do not mention a free trial conversion. So if you were expecting a free period that turns into a paid plan later, that is not part of the published setup in the verified sources. This reduces one common cancellation risk, but it does not remove refund disputes once a one-time fee has been paid.
The contract is governed by the laws of the Czech Republic, and disputes are to be resolved through arbitration in the Czech Republic according to the published terms "ftmo.com". For a user in the Philippines, that means formal cross-border disputes can become expensive and inconvenient very quickly.
That is why the practical route is usually better than a legal fight. Use [email protected], keep every screenshot, and escalate payment problems through your bank, GCash, Maya, BSP, or DTI when needed. The terms also say data may be retained after cancellation for legal or business reasons, so do not delete your own records too early.
| Plan | Price (USD / PHP) | Period | What you get |
|---|---|---|---|
| FTMO Challenge: 1-Step | $79.00 (₱4,464)* | One-time fee | $10,000 simulated account |
| FTMO Challenge: 1-Step | $199.00 (₱11,244)* | One-time fee | $25,000 simulated account |
| FTMO Challenge: 1-Step | $319.00 (₱18,024)* | One-time fee | $50,000 simulated account |
| FTMO Challenge: 1-Step | $499.00 (₱28,194)* | One-time fee | $100,000 simulated account |
| FTMO Challenge: 1-Step | $999.00 (₱56,444)* | One-time fee | $200,000 simulated account |
Prices are approximate, converted from USD at the rate 1 USD ≈ 56.5 PHP, and you should check the official website for exact local prices.
The lowest published entry point is $79.00 (₱4,464) for the $10,000 challenge, while the highest listed fee is $999.00 (₱56,444) for the $200,000 challenge "ftmo.com". Because these are one-time charges, the value question is not about monthly savings. It is about whether the evaluation rules and account size justify the upfront cost for your trading style.
There are no separate cancellation fees listed in the terms, and no early termination fee is specified in the verified data. The main cost risk is not a penalty charge. It is paying a high upfront fee and then discovering that your use case does not qualify for a refund after the 30-day period.
In the Philippines, the main consumer protection framework is the Consumer Act of the Philippines or RA 7394. DTI is the government body most consumers will deal with for complaints involving online services and digital purchases. If your problem is not only about service quality but also about the payment itself, BSP becomes relevant for card and e-wallet disputes.
Ftmo's own policy gives you a 30-day refund period from purchase "ftmo.com". That is a company policy, not a Philippine law that applies to every online service. If Ftmo refuses a request that is clearly inside its own published refund window, you have a stronger complaint because you can point to the company's own written rule.
Philippine law does not provide a universal cooling-off period for every online subscription. Door-to-door and direct sales have a 7 working day cancellation framework in some cases, but online services are less uniform. Here is the useful part for Ftmo users: the company itself says you can withdraw within 30 days of purchase without giving a reason "ftmo.com".
So if you bought an Ftmo challenge on June 1, your cleanest refund window based on the verified policy runs until June 30. Send your email before the deadline, not on the 30th day at midnight Philippine time, because support timestamps may follow another time zone.
Start with [email protected] and collect every reply. If there is no action, file a complaint with DTI and attach your receipt, cancellation request, refund request, and screenshots of the policy you relied on. For unauthorized or continued charges, contact your bank, GCash, Maya, or card issuer within 60 days from the statement date, then escalate to BSP if needed.
Useful public contacts in the Philippines include DTI and BSP. DTI handles consumer complaints under RA 7394, while BSP handles payment disputes involving regulated financial channels. When writing your complaint, be factual: date of purchase, exact amount such as $319.00 (₱18,024), date of cancellation email, and the result you want.
Based on the limited review set provided here, the sentiment is negative: 0 positive and 2 negative reviews out of 2 unique reviews. The main issue is not a hidden auto-renewal pattern. It is refund refusal after the user feels the challenge outcome was unfair or too fast.
That lines up with the biggest frustration many users mention in practice: the process feels simple until money is involved. Philippine users may also face an extra barrier because phone support is reported to be English only, which can make a tense refund discussion harder.
| Theme | Frequency | Typical example |
|---|---|---|
| Refund refusal | 2 reports | Challenge ended, no refund |
| Fast failure concern | 1 report | Failed after one day |
| Language barrier | 1 local issue | Phone support in English |
| Source | Rating | Number of reviews |
|---|---|---|
| TrustPilot | 1/5 trend | 2 |
| Source | Rating | Main topic | Sentiment |
|---|---|---|---|
| TrustPilot | 1/5 | Refund | Negative |
| TrustPilot | 1/5 | Refund | Negative |
Only negative review examples were available in the supplied data, so that is the honest picture for this section. To stay balanced, Ftmo does at least publish a visible refund window, a non-recurrent fee FAQ, and 24/7 live chat support, which are more transparent than some competitors.
Take screenshots of your account page, active challenge, and any page showing the amount you paid. If you paid $199.00 (₱11,244), make sure that exact amount appears in one saved document. Also keep the purchase date because the 30-day refund clock starts from that date "ftmo.com".
Save the payment proof from your card, bank, GCash, or Maya account. If you used email receipts, download them as files instead of leaving them buried in your inbox. This one step can save hours if support later asks for verification.
After cancellation, keep the confirmation email and monitor your statement for at least 60 days if you used a card or e-wallet. That window matters because Philippine payment disputes are often easiest to start while the charge is still recent.
A common mistake is relying only on chat and never sending an email. Chat is useful for quick follow-up, but the verified cancellation route is email to [email protected] "ftmo.com". If you ask for a refund on day 30, an email timestamp is far stronger than saying you mentioned it in chat two days earlier.
Another mistake is missing the 30-day refund window because you assumed a challenge fee works like a monthly plan. Example: you buy the $79.00 (₱4,464) plan, stop using it after two weeks, and think the unused period can be refunded later. Ftmo says no refunds are available after 30 days, and no refunds are provided for unused periods after that window "ftmo.com".
Some users assume they will get a prorated amount back if they barely used the service. The published policy does not support that expectation. The review complaints in this dataset also center on refund denial, so go in with realistic expectations and ask clearly, but do not assume a partial refund is standard.
A third mistake is not saving confirmation. If a payment issue appears later, you will need the exact date and wording of your cancellation request. A fourth mistake for Philippine users is trying to resolve everything by phone despite the English-only barrier reported locally. If you are more precise in writing, email will usually work better than a rushed call across time zones.
| Method | Notice period | Fee | Difficulty |
|---|---|---|---|
| Before next billing | No fee specified | Easy | |
| Registered mail | 5-10 business days | No fee specified | Higher, best proof |
| Live chat follow-up | Same day follow-up | No fee specified | Medium |
Email is the cleanest method because it is directly supported by Ftmo's own help information and creates a time-stamped record. Registered mail gives stronger formal proof for a dispute, but it is slower because delivery to Prague can take 5 to 10 business days. Live chat is useful for updates, especially since it runs 24/7, but it works best as support for your email trail, not as your only evidence.
Since Ftmo's published model is based on non-recurrent fees rather than a standard app subscription, App Store and Google Play cancellation routes are not part of the verified process here. If you are trying to stop an account or ask for a refund, stay focused on the official website, support email, and your payment provider.
As soon as you send the request, take a screenshot of the sent email and set a reminder for 3 business days later. If no reply arrives, contact live chat and ask them to confirm that your email was received. Save that chat transcript too.
Then monitor your card, bank, GCash, or Maya statement for up to 60 days. If an unauthorized or continued charge appears, request a chargeback from your payment provider and include your cancellation proof. In the Philippines, BSP can step in for payment disputes, while DTI handles consumer complaints under RA 7394.
If you are leaving because the rules or refund setup do not fit you, there are other prop trading firms worth comparing. FunderPro is known for flexible evaluation timing, Funded Trading Plus offers multiple funding models and fast payouts, and DNA Funded emphasizes TradeLocker speed and mobile access. Pricing was not verified in the supplied source set, so compare their current fees before paying.
If you want to send a formal cancellation or dispute letter, use Ftmo's Prague address:
This is the practical mailing address mentioned for corporate and privacy-related contact. If you use post, include your registered email, purchase amount such as $999.00 (₱56,444), and the date of your original payment so support can match your file.
For most users in the Philippines, email is enough for cancellation, account deletion, and refund requests because it is the verified support route and gives you same-day proof. Postal mail makes sense mainly for serious disputes or when you need stronger evidence for a later complaint.
Here is the thing: Ftmo's process is more complicated than it should be because users often mean different things by "cancel." If you want the smoothest result, say exactly what you want in writing: cancel service, delete account, refund fee, or correct billing error. That one detail often decides how fast support understands your case.
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Written by Anton Gonzales
Former postal advisor · 3 years experience
Former postal-services advisor and e-signature specialist, I have been writing for Postclic for 3 years to demystify legally binding mail for everyday users.