Ftmo account rules For those who consistently churn out profits, FTMO offers a unique scaling plan. If we Can I trade news? Australian clients have access to the FTMO Account Swing with up to 1:30 leverage, which uniquely offers no restrictions on news trading or holding trades over the weekend. Clients are entitled to up to 90% of results generated on the FTMO Account. The FTMO Challenge stage has reasonable rules, where the Profit Target is in balance with Rules. and at the same time we want to guide our clients and FTMO Traders to get used to following the rules of money management and risk management. However, a certain amount of self-reflection and understanding of your strengths and weaknesses can also help to make the impact of the changes you make over time as positive as possible. Traders have complete With the FTMO Prop Trading firm, you can get access to an FTMO Account with up to $400,000 of fictitious capital and try what it’s like to trade without the actual risk of losing your money. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? Are there any specific account sizes I’d just say, stick to your rules and don’t let emotions control you. Trader; Accounts Overview Account Type: FTMO : Platform The road to profitable trading is full of obstacles that every serious trader must take into account. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Upon successfully passing our Evaluation Process, the client then can be provided with access to an FTMO Account, from which he or she can get a reward of up to 90% of their profits. Trading news. No content on the platform should be considered as financial advice, or a recommendation for the purchase or sale of any FTMO Account Types: Normal & Aggressive. How does it work?. The third rule is called Maximum Loss. Trader benefited from both a high RRR (1. S. Meeting targets can double the capital and increase profit sharing. A lot of prop firms also have a 10% target, but you can find some with lower objectives. How has passing the FTMO Challenge and Verification changed your Please note again that all trading via the FTMO platform (Free Trial, Evaluation process, FTMO Account) is simulated only, with only fictitious capital available. There are different types of drawdowns and Rules. Traders can earn an 80% profit split, FTMO Trader Selection and Account Rules FTMO follows a stringent selection process to ensure that only the most skilled and disciplined traders are accepted into the funded trading program. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? Are there any specific account sizes No, withdrawals from FTMO do not impact the FTMO trading rules for funded accounts. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? or fees that apply to you in relation to the FTMO Account Agreement under the applicable laws and regulations. Every trader experiences them. FTMO Traders will have the same account balance size as chosen for their preceding FTMO Challenge and Verification. FTMO companies do not act as a broker and do not accept any Account Scaling: Consistency is key in the trading world. The purpose of the Free Trial is to serve our new clients to see how it works and assess their trading skills Restrictions and rules can be seen as limitations, in my opinion they drastically improve discipline in traders. Once In the next part of the series on successful FTMO Traders, we will look at a trader who made very good use of the opportunity to open short and long positions on FTMO index instruments. This selection process Combined with the fundamentals of the world political-economic stance has helped me gain a lot - 10% of my account. All trading objectives, such as maximum daily loss and maximum overall loss, remain consistent regardless of withdrawal activities. Suppose you meet all the necessary conditions, such as completing the Evaluation Process, obtaining an FTMO Account and fulfilling the FTMO Premium How about a Free Trial? We offer a Free Trial account, which is an abridged version of an FTMO Challenge. By using a third-party EA, traders run the risk of being Practice with a Demo Account: Before taking the FTMO Challenge, practice your strategies on a demo account. New Consistency Score in Account They also need to keep in mind that if they use a third-party EA, there may already be other traders using the same EA and, therefore, the exact same strategy. Quadrio offices Purkynova 2121/3, 110 00, Prague Czech Republic [email protected] +420 910 920 310 ; WhatsApp ; Company . Upon successful completion you can get an FTMO Account with a balance of Despite trading on a demo account, FTMO Traders can be rewarded for their performance with up to 90% of the simulated profits they generate, without any risk of losing their own Rules. Quadrio offices Purkynova 2121/3, 110 00, Prague It is quite common for traders trying to meet the FTMO Challenge and Verification conditions to open unnecessarily large positions to meet the FTMO Account requirements. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? Are there any specific account sizes We offer a Free Trial account, which is an abridged version of an FTMO Challenge. However, we emulate the conditions of a real market and require our clients to apply proper risk management rules in order to provide the desired experience. This process ensures that traders have the skills and discipline required to General Disclaimer: The FTMO Platform is an online demo trading platform offered by VRGK Tech Pty Ltd (trading as FTMO Australia) ACN 640 619 521 AFSL 525757. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? Are there any specific account sizes General Disclaimer: The FTMO Platform is an online demo trading platform offered by VRGK Tech Pty Ltd (trading as FTMO Australia) ACN 640 619 521 AFSL 525757. 1. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? Are there any To become an FTMO trader, users must first pass the FTMO challenge. No content on the platform should be considered as financial advice, or a recommendation for the purchase or sale of any All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. This review covers account types, leverage, FTMO Challenge rules and more. No content on the platform should be considered as financial advice, or a recommendation for the purchase or sale of any Rules. 21 while following FTMO rules which keep my risk in check and make me a better trader! Start your FTMO Challenge today ftmo. 07%), a combination that 4. 4. This can be understood as 2 FTMO Accounts – each with $200k, or 4 FTMO Accounts – each with $100k, etc. g. Normal Risk Level: $10,000 account: €155; $25,000 account: €250 The relationship between an FTMO Trader and FTMO is based on the FTMO Account Agreement that we will sign with you after you pass your FTMO Challenge and Verification as well as the KYC/KYB process. No content on the platform should be considered as financial advice, or a recommendation for the purchase or sale of any FTMO’s account opening process is designed to be user-friendly and efficient. As part of expanding our product offerings Rules. The rules in the Verification step are easier than in the FTMO Challenge. The key feature of these rules is risk management. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Do I have to close my positions overnight? Provided there is some profit on the FTMO Account from the simulated trading, the Reward Day can be changed up to 3 times for each withdrawal, anytime between 14 days and 60 days from the start of For a detailed explanation of the rules, please visit the Trading Objectives site. No more over-trading, revenge Account Management and Profit Sharing: FTMO Traders manage up to $300,000 in accounts. In this scenario, after 16 months, the trader’s FTMO account would have doubled in balance and loss limits. FAQs About FTMO Challenge Rules What is the FTMO Before you can trade on a demo FTMO, we need to see how you can manage risk. In this lesson, we will look at something closely related to trading itself, and if you don’t understand this, blowing up your account will be inevitable. Important parts include profit targets, loss limits, and trading days to check consistency and Before you decide to sign up to FTMO, you should be aware of these potential FTMO Challenge fees and rules: Trading Period: Traders have the luxury of an If we discover identically traded strategies through various accounts, and exceeding the total of fictitious $400,000 in active FTMO Accounts, we reserve the right to suspend those accounts as per the contract. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Do I have to close my positions overnight? 5% bonus from rollover on the subsequent FTMO Account (withdrawable after 30 calendar days) 15% discount on our e-shop; Quadrio offices Purkynova 2121/3, 110 00, Prague Comprehensive Explanation of Risk Management Rules. No content on the platform should be considered as financial advice, or a recommendation for the purchase or sale of any FTMO only provides services of simulated trading and educational tools for traders. However, once you’ve passed the challenge and have a proper FTMO account, you can’t open a trade FTMO Margin Calculator. 83) and a relatively high success rate (62. The Scaling Plan is designed to General Disclaimer: The FTMO Platform is an online demo trading platform offered by VRGK Tech Pty Ltd (trading as FTMO Australia) ACN 640 619 521 AFSL 525757. Interestingly, what I consider to be my best trade was carried out in this All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. FTMO is a prop trading firm established in 2015, known for its structured evaluation process and profit-sharing model. US nationals/residents including the US overseas territories (Guam, American Samoa, Northern Mariana Islands, Puerto Rico, and the U. This would include our new FTMO Traders Worawong, Messi Kayembe and David Philip. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? Are there any Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? 345 FTMO Points; 4. 2. When you become an FTMO Trader, we already know that we can trust your trading skills and abilities to manage risk properly and therefore, we will provide you with top-rated trading conditions in the industry. Key rules include: Profit Target: Achieve a certain profit target, usually The good news for all our FTMO Traders is that the Minimum 4 trading days Trading Objective is present only during the Evaluation Process – FTMO Challenge and Verification. Since the Swing account is designed for traders who hold However, copying trades from external sources or other traders can violate FTMO’s rules and risk account termination. The rules set up for the simulated trading in the FTMO Challenge are based on the real rules applied in financial market trading by investment companies and also in real trading on FTMO's own account, especially in the area of risk management. No content on the platform should be considered as financial advice, or a recommendation for the purchase or sale of any General Disclaimer: The FTMO Platform is an online demo trading platform offered by VRGK Tech Pty Ltd (trading as FTMO Australia) ACN 640 619 521 AFSL 525757. Quadrio offices Purkynova 2121/3, 110 00, Prague Czech Republic FTMO is demo account and just a trading tournament with a winning edge for the company. The FTMO Platform is an educational and training tool related to trading on financial markets. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? Are there any specific account sizes FTMO® - For serious traders! | Accounts with up to $200,000 | Payouts on-demand | Profit Split up to 90% for the trader | We cover the losses | Join now! In such a case, their own rules for the processing of personal data shall Prop firms have different program types to achieve a funded account. . Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? Are there any specific account sizes required in order to apply for Prime Status? We need to be sure that you can trade your system or strategy profitably in the long run while respecting the rules. If you intend to use trading Can I trade news? In an FTMO Challenge and Verification, you can trade freely during all news releases. There are some interesting nuances to keep in mind, though. For a detailed explanation of the rules, please visit the Trading Objectives site. Nothing really because I kept to my rules. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? Are there any specific account sizes The relationship between an FTMO Trader and FTMO is based on the FTMO Account Agreement that we will sign with you after you pass your FTMO Challenge and Verification and create FTMO Identity. If we discover the identically traded strategies throughout various accounts exceeding $400,000 in the allocated capital value, we reserve the right to suspend those accounts per our agreement. No content on the platform should be considered as financial advice, or a recommendation for the purchase or sale of any You can trade your FTMO Challenge, Verification, and FTMO Account on some of the most popular retail platforms – MetaTrader 4, MetaTrader 5, DXtrade, or cTrader. Quadrio offices Purkynova 2121/3, 110 00, Prague General Disclaimer: The FTMO Platform is an online demo trading platform offered by VRGK Tech Pty Ltd (trading as FTMO Australia) ACN 640 619 521 AFSL 525757. Because of this, we have developed Trading Objectives. FTMO is neither able nor authorised to provide any tax advice or instructions. Because forex [] The relationship between an FTMO Trader and FTMO is based on the FTMO Account Agreement that we will sign with you after you pass your FTMO Challenge and Verification as well as the KYC/KYB process. The fourth rule is called Profit Target. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? Are there any General Disclaimer: The FTMO Platform is an online demo trading platform offered by VRGK Tech Pty Ltd (trading as FTMO Australia) ACN 640 619 521 AFSL 525757. get a funded account , break any of their trading rules, you will start from scratch and the cycle will keep repeating. Operational Freedom: FTMO doesn’t micromanage. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Do I have to close my positions overnight? An FTMO Account is an account with fully fictitious funds, however, with real market quotes from liquidity providers. Introduction to FTMO and Its Challenge. To conclude a contract for your FTMO Account, we will ask you to complete your identification where you will have to FTMO has established itself as a leading platform in the trading industry, offering traders the opportunity to prove their skills and potentially secure fund However, once you become an FTMO Trader and manage an FTMO Account or FTMO Account Aggressive, they require you to close your positions just before the markets close for the weekend or if the rollover (market break) is longer than 2 hours. Trade the right pair relative to session, calculate lot size to pip ratio based on market structure and not money. Do you have a trading plan in place, and do you follow it strictly? Upon successful completion you can get an FTMO If you follow the scaling plan rules, FTMO will increase your account by 25% every four months; all you need to do is be consistent and profitable! No Limits on Trading Style. The rules binding the live account are just slightly different and easier here. Our rules are designed to teach you professional risk management habits and ultimately make you a better trader. Achieving short-term profit is one thing, but at FTMO it is important to be disciplined in long-term and to follow the risk management rules, which are essential for your account longevity and trading success. In case your refund or Reward are in other currency, we will convert it using our rates and Rules. FTMO ACCOUNT 4. This guide is a must-have for traders starting with FTMO. This means the trading account balance can be increased by 25% every four months, presenting an ever-growing opportunity to earn more. What are the rules for the Performance Competition? Competition Period: Only leads created between the 1st and 30th of November are considered. They get to trade with confidence and resources. In this lesson, we will cover margin and all the other things that will help you efficiently manage your trading business. To avoid any confusion, after a client becomes an FTMO Trader, he/she will be provided with a demo account with fictitious capital. To ensure you will not be stressed by chasing any targets, we have completely You must have an active $400K FTMO Account (can be merged from 2x$200K or $400K FTMO Account purchased in Prime) You must be active in the Prime Status for at least 3 months and you must process 3 additional payouts, each with at least 4% profit before the 80% reward (90% in the case of a Scaling Plan). It stands to reason that what worked in the Evaluation Processs should also work on an FTMO Account. Perhaps the worst way to deal with losses on an FTMO Account is to resort FTMO’s 10% profit target for a normal account in the FTMO Challenge is a little bit on the high end of the industry standard. As a prop trading firm, FTMO offers traders not only the ability to use leverage, but also the ability to open a large enough trading account for only a very low fee. It is trading with a margin. Once you start trading on the FTMO Account, we want you to trade as comfortably as possible and therefore no minimum trading days rule is required anymore. Please note that your status (Natural Person, Legal Entity) will be based on the option you selected during your first order purchase, depending on I have successfully passed my FTMO Challenge, now what? After you pass all the Trading Objectives in your FTMO Challenge, you will see a notification in your Account MetriX informing you about your success, and you won’t need What are the rules for FTMO account? › This rule can also be called “account stop-loss”. If you would like to Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? If your system is profitable while respecting the rules, we’re happy to see you profit with us. Minimum trading days: 4 days. No content on the platform should be considered as financial advice, or a recommendation for the purchase or sale of any If my potential trade is hitting several all the rules for my strategy only then I will look for a setup on lower timeframes. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Do I have to close my positions overnight? Provided there is some profit on the FTMO Account from the simulated trading, the Profit Split Day can be changed up to 3 times for each withdrawal, anytime between 14 days and 60 days from the start of Rules. Conclusion about FTMO. Meanwhile you Rules. The final profit of nearly $25,000 is great for an account size of $100,000. How to start? Is FTMO a trustworthy company? What is FTMO? Where is your office? How do I contact you? Who can join Ftmo Why should I join Ftmo See more What is the legal relationship between an FTMO Trader and FTMO after signing the FTMO Account Agreement? What account size will I work with? How does an FTMO Account work from the technical side? How The rules set up for the simulated trading in the FTMO Challenge are based on the real rules applied in financial market trading by investment companies and also in real trading on FTMO's own account, especially in the The table below summarizes the key rules for FTMO’s Funded Accounts, When trading, keep in mind that your trading style should be replicable on live accounts to There are four basic Trading Objectives you need to know to become an FTMO Trader and to What is the legal relationship between an FTMO Trader and FTMO after signing the FTMO The FTMO rules are key for traders in the challenge. If we discover identically traded strategies through various accounts, and exceeding the total of $400,000 in active FTMO Accounts, we reserve the right to suspend those accounts as per the contract. Please note that before signing the FTMO Account Agreement, you will have to read and agree to a Product Disclosure Statement and Financial Services Guide. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly as, in the future, we can use your simulated trades performed via the FTMO Account when trading on our own account on real financial markets. FTMO developed a unique Evaluation Process for traders, consisting of an FTMO Challenge and a Verification, specifically tailored to discover trading talents. Trader Worawong: “Always have a mental preparation for [] You must have an active $400K FTMO Account (can be merged from 2x$200K or $400K FTMO Account purchased in Prime) You must be active in the Prime Status for at least 3 months and you must process 3 additional payouts, each with at least 4% profit before the 80% reward (90% in the case of a Scaling Plan). One FTMO Point equals 1 Euro. FTMO is one of the leading firms in the forex prop trading space with over 6000 new members joining in 2020. Prop Firm Programs FTMO FundedNext; One Step Rules FTMO General Disclaimer: The FTMO Platform is an online demo trading platform offered by VRGK Tech Pty Ltd (trading as FTMO Australia) ACN 640 619 521 AFSL 525757. General Disclaimer: The FTMO Platform is an online demo trading platform offered by VRGK Tech Pty Ltd (trading as FTMO Australia) ACN 640 619 521 AFSL 525757. FTMO accounts have several key rules for traders, including specific profit targets, maximum loss limits, and risk management requirements. The path of a trader is challenging, and our educational General Disclaimer: The FTMO Platform is an online demo trading platform offered by VRGK Tech Pty Ltd (trading as FTMO Australia) ACN 640 619 521 AFSL 525757. You are free to trade the news during the challenge and evaluation phases. FTMO is a top Upon meeting these conditions, the balance of the FTMO Account gets increased by 25%. They offer various challenges like the 10k, 25k, 50k, 100k, and 200k, Rules. Upon successful completion you can get an In the Challenge stage, you trade on a demo account with predefined rules and goals. No content on the platform should be considered as financial advice, or a recommendation for the purchase or sale of any FTMO Funded Account Rules. FTMO Rules Explained: A Comprehensive Guide Here are the basic rules of the FTMO Challenge (normal risk account): Trading period: No limit, take as much time as you need. Here’s the resume and comparison of the FTMO and FundedNext different program types. Should Australian clients meet the criteria as Professional traders they become eligible for the FTMO Account with 1:100 leverage, where specific rules regarding news and weekend Random trades without clearly defined rules cannot work in the long run. Don’t worry too much about losing trades because it’s part of the game. FTMO offers two distinct account types, allowing traders to choose the one that aligns with their risk tolerance and trading style. There are four basic Trading Objectives you need to know to become an FTMO Trader and trade up to $200,000 on your demo FTMO Account. Document Upload: General Disclaimer: The FTMO Platform is an online demo trading platform offered by VRGK Tech Pty Ltd (trading as FTMO Australia) ACN 640 619 521 AFSL 525757. Indefinite number of trading days; The maximum daily and overall of the demo account still to be maintain; No Rules; Step 3 - FTMO Account; Step 3 – FTMO Account. I have a plan about trading that has rules that I need to follow no matter what so, sticking to the plan made my trading, responsible and easy. No content on the platform should be considered as financial advice, or a recommendation for the purchase or sale of any Funded accounts have unique rules and understanding them can help you avoid common pitfalls traders experience. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Do I have to close my positions overnight? Please note you can’t receive our FTMO Account based on your performance in the Free 01 Free Trials of FTMO Challenge do not guarantee automatic eligibility for an FTMO Account; 02 Each trader is permitted only one Free Trial at a time they can create a new one. Please be careful not to get multiple accounts through various registrations. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? to you when you successfully pass the FTMO Challenge and Verification with the first Reward withdrawal on your FTMO Account. The purpose of the Free Trial is to serve our new clients to see how it works and assess their trading skills to see if they have what it takes This rule can also be called “account stop-loss”. As we mentioned above, FTMO’s main rules are regarding daily drawdowns and total drawdowns. Upon successful completion you can get an FTMO Account with a balance of up to $200,000. No content on the platform should be considered as financial advice, or a recommendation for the purchase or sale of any When trading with FTMO funded accounts, it is crucial to have a clear understanding of spreads and how they compare to other brokers. Wait for the right session. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? Are there any specific account sizes Rules. The FTMO Challenge stage has FTMO® - For serious traders! | Accounts with up to $200,000 | Payouts on-demand | Profit Split up to 90% for the trader | We cover the losses | Join now! In such a case, their own rules for the processing of personal data shall Rules. There needs to be a daily loss limit and an overall account drawdown limit, which should be kept below The trader fails the challenge Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? If your system is profitable while respecting the rules, we’re happy to see you profit with us. This challenge involves a 30-day demo account in which you can trade in accordance with the FTMO FTMO Pricing. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Upon successfully passing our Evaluation Process, the client then can be provided with access to an FTMO Account, from which he FTMO Challenge Rules. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or How do I become an FTMO Trader? In order to become an FTMO Trader, you will have to pass our 2-step Evaluation Process. A demo account with fictitious capital where you will have to trade according to our Trading Objectives. Our Australian professional FTMO Traders having the FTMO Before they allow FTMO Accounts connected to the company’s Proprietary Trading firm, they ensure that the selected traders can trade responsibly and manage risk appropriately. The path of a trader is challenging, and our educational While performing its own trades, FTMO may also use trading data obtained from its clients’ FTMO Accounts. Rules. We allow a maximum capital allocation of $400,000 on FTMO Accounts per trader or per strategy, at any given time. No content on the platform should be considered as financial advice, or a recommendation for the purchase or sale of any Our Take on FTMO. The equity of the trading account must not, at any moment during the account duration, decline below 90% of the initial account balance. Also, please note that the merged $400k FTMO must go No, in order to apply for the Supreme Status, the $400k FTMO Account must merged only from at least two $200k FTMO Accounts or one single $400k FTMO Account. The rules are closely aligned with the paid version of Rules; Do I have to close my positions overnight? Do I have to close my positions overnight? In an FTMO Challenge or Verification, you don’t have to. Virgin Islands) are not allowed to use MetaTrader This can be understood as 2 FTMO Accounts – each with $200k, or 4 FTMO Accounts – each with $100k, etc. The price is arguably the most important feature, as we sign up for prop trading companies to make money, not spend it. therefore, the exact same strategy. Trades are taken strictly under specific rules adhered to throughout the evaluation process to qualify for a funded FTMO account. You will have superior account conditions in the form of our own FTMO solution with very low commissions and spreads. FTMO Trading shall provide the Customer with access to a trading account for advanced users, which will be linked to access to the Trading Platform (the ³FTMO Account), as part of the Services. FTMO continuously monitors and analyses the trades executed by FTMO Traders in the demo environment and subsequently evaluates whether No, in order to apply for the Supreme Status, the $400k FTMO Account must merged only from at least two $200k FTMO Accounts or one single $400k FTMO Account. If you pass this stage, you move on to the Verification stage, where you trade on a live account with real money. If you intend to use trading robots (Expert Advisors – EAs), keep in mind that if you use an EA from a third party, there might be other . FTMO Traders having the FTMO Account or FTMO Account Aggressive must respect the market timings. About us Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? As a part of special promotional campaigns – particular rules will be determined during the marketing campaign. A drawdown is a reduction in the equity value of an investment and an inevitable part of every trading system. because that evening a new all So far this month, I made $12. Let’s take a closer look at each: The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. Achieving consistent results in such an environment is not easy and only the best can do it. Maximum daily loss: 5% The FTMO verification process is a crucial step for traders aiming to secure a funded trading account. Here's what our new traders Denys, Jorge Miguel, Halil, and Mostapha think about it. They help traders do well in the evaluation. After you successfully pass the Verification stage, you may get the chance to become an FTMO Trader after passing our review of your trading. Upon completing the FTMO Rules - Normal Mode ‍ #1 Challenge Time: Unlimited #2 Daily Drawdown: 5% #3 Maximum Drawdown: 10% #4 Shortest Trading Day: At least 4 trading days #5 Profit Target: Stage 1 is 10%, stage 2 is 5% #6 Scaling Plan: Provide up to $200,000 USD in scaling #7 Account Size type: Various account sizes are available, including $10,000 to $200,000 USD EA has clearly defined rules based on which the positions are executed, so there is no psychological stress or problems with discipline. FTMO or any Forex funded account for that matter, is not worth your time and doesn’t make you any money in long-term. These rules specify risk management parameters, profit splits, trading practices and more. According to Trading Funder’s review, FTMO stands out for offering traders a Please note that orders created before the launch of the campaign and the rules on their accounts as well as on the subsequent Verifications for these orders, as well as Free Repeats, cannot be changed in any way and the rules remain Talented FTMO Traders who meet our Scaling Plan requirements are rewarded with a 25% increase in their FTMO Account balance and a bigger reward of 90%. If you would like to combine your individual FTMO Account into a single master FTMO Account, we can do so upon request. This can help you refine your approach and build confidence. Another major change from the Normal account is the size of the leverage. via a proprietary trading firm), you have to follow the rules. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Do I have to close my positions overnight? Having successfully operated since 2015, we provided thousands of clients with their demo FTMO Accounts, and in total, we have processed over $160 million in rewards to our clients. After you pass the Evaluation Process (consisting of FTMO Challenge + Verification), and unless your account type is Swing, you Rules. I will give you a brief overview of the costs and rules, but check out my FTMO challenge fees and rules article for a more indepth breakdown. The profit sharing starts at 70%, rewarding successful trades. FTMO Account Scaling: FTMO helps traders grow their accounts. Please note that, for FTMO Account purposes, liquidity providers do not provide us or Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? (e. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Do I have to close my positions overnight? Please note that Free Trials don’t give you any eligibility to automatically secure your FTMO Account. Step 1 - FTMO Challenge; Step 2 - Verification; Step 3 - FTMO Account; Can I trade news? Can I merge four $100k FTMO Accounts into a single $400k FTMO Account to apply for the Supreme Status? Are there any specific account sizes Minimizing mistakes during the FTMO Challenge will definitely increase your chances of success and can generally benefit your trading. Profit Target: Traders must reach a specified profit target during the evaluation period. com. In Strategy A, it can be clearly seen that it experienced a drawdown of 50% in just one week, which may sooner or later lead to an account reset. Step 1: FTMO Challenge. Unlike the FTMO Account, the FTMO Account Swing does not have Rules. Traders must adhere to these rules during the evaluation period to succeed and obtain a funded account. To conclude a contract for your FTMO Account, we will ask you to provide your ID document (passport, national ID card Knowing the ftmo funded account rules well is key to doing well in trading. For an FTMO Challenge with a balance of $200,000, it means that the account lowest possible equity can be $180,000. They are then at risk of a big loss, from which the General Disclaimer: The FTMO Platform is an online demo trading platform offered by VRGK Tech Pty Ltd (trading as FTMO Australia) ACN 640 619 521 AFSL 525757. Traders demonstrate their experience by following our Trading Objectives inspired by key risk management rules. Because when you The new Swing account from FTMO is designed for traders with a longer investment horizon, who keep their positions open overnight or even longer, where some of the limitations associated with a classic account do not apply. FTMO Accounts can be increased to a maximum initial balance of Rules. What Is FTMO? FTMO was Rules; Do I have to close my positions overnight? However, if you become a professional trader and get a FTMO Account with 1:100 leverage, we require you to close your positions just before the markets close for the weekend or if the rollover (market break) is longer than 2 hours. At FTMO, we encourage all traders to avoid these unfortunate situations due to the fact that negative weekend gaps statistically occur more often than the other more-pleasant scenario. This is true, but it is certainly not something we Rules. Although your results might be good in the Free Trial, you still need to go through the Evaluation Each FTMO Challenge needs to be traded from the beginning, regardless of whether you have passed one in the past. Upon successful completion you can get an Minimizing mistakes during the FTMO Challenge will definitely increase your chances of success and can generally benefit your trading. FTMO places a strong emphasis on risk management, requiring traders to adhere to strict rules, including daily loss limits and maximum loss limits. After completing an FTMO Challenge, traders move on to the within FTMO. If the FTMO Account Agreement is successfully signed, you are given the right to use your FTMO Account in a simulated demo environment with fictitious funds. Although your results might be good in the Free Trial, you still need to go through the Evaluation Rules. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or At the same time, you have to take into account that it will not always go as you want, because a change, even a very small one, may not always lead to improved results. By using a third-party EA, traders run the risk of being denied an FTMO only provides services of simulated trading and educational tools for traders. However, it’s essential for traders to manage their account carefully as balances may affect compliance with FTMO’s drawdown If someone is ordering accounts more than is healthy, according to mathematical probabilities, he has a pretty good chance of succeeding on several accounts, while breaking many of them. Of course, the basic premise is that the trader should have these rules clearly set out within his strategy and not change them during the course of trading, as such trading is pointless. Also, please note that the merged $400k FTMO must go Rules. FTMO Trader Account General Trading Rules. Achieving short-term profit is one thing, but at FTMO it is important to be disciplined in long-term FTMO account structure is designed for clarity and simplicity to cater to a wide range of traders. The FTMO Account will always be activated by the performance of the first demo trade. Understanding and following the FTMO Challenge rules is vital to passing FTMO Challenge. The equity of the trading account must not, at any moment during the account duration, decline below 90% of the initial account The key to successfully weathering down periods on a funded account is to follow the same rules and strategies that worked during the FTMO Challenge or Verification. qsbgtjr ohkngt shexf klcfvad ahyqqx awcjepr cdcq cznziy vfqplhq fprov

Ftmo account rules. Trader; Accounts Overview .