FTM get incredibly good results from testosterone. Most of them pass really well after a year. Even if they look extremely feminine beforehand, and worst they'll look like a 16 year old boy after testosterone, but still look recognizably a man.
MTF get the short end of the stick with hormones, and whether or not you look good after taking estrogen really depends on how you looked beforehand. If you didn't look feminine pre-transition, you tend to look pretty bad post transition.
However, FTM get the short end of the stick when it comes to surgery. Top surgery is fairly safe unless you have large breasts beforehand, but all of the penis construction surgery looks horrible, has a very high rate of infection, and you're left with pretty much NO sensitivity. Even if you get meto rather than phallo, it's still looks really fake.
MTF surgery is much better, with breast surgery you can have moderately sizes, realistically looking breasts if you're willing to pay a little extra (or giant, fake looking tits if that's what you want). And the neo vaginas look really well, feel very good, and generally functioning pretty well aside from the issue with self-lubrication.