FAQs
The Premium Programme is tied to a specific order and is not limited by time. You will be removed from the Premium Programme if one of the following situations occurs: You fail the FTMO Account which is part of the Premium Programme.
Is there a time limit on the FTMO challenge? ›
There is no time limit within which you need to pass the Profit Target, the Trading Period is indefinite. As soon as all the Trading Objectives of your FTMO Challenge are met and your results are reviewed, you can proceed to the Verification phase. The minimum time to complete an FTMO Challenge is 4 trading days.
What is the inactivity rule for FTMO? ›
If the account won't record a trade in 30 days, it will be deactivated due to inactivity. Therefore if you'll know you won't be trading for several weeks, please let us know in advance.
When can I withdraw from FTMO? ›
You can withdraw your reward anytime between 14 to 60 days from your first trade on your FTMO Account (Profit Split). Periodically, we can allocate more balance into your FTMO Account if you're consistently profitable.
Is FTMO no longer taking US customers? ›
In what appears to be related to the latest MetaQuotes crackdown on the proprietary trading landscape, prop firm FTMO has stopped onboarding US clients, Finance Magnates has learned. New traders attempting to register from a US IP address were unable to complete the registration form.
Do you keep the money from FTMO challenge? ›
We don't charge any commissions for withdrawals.
You don't need to score any minimum profit to receive a Profit Split, only just enough to cover the transaction fees* Whatever amount of profit you generate, you are entitled to withdraw 80% of it.
What happens after you complete FTMO challenge? ›
As soon as you succeed in all Trading Objectives and your results are reviewed, you can complete your FTMO Identity to sign the contract for your FTMO Account. No need to wait any longer!
How many people fail FTMO? ›
The FTMO challenge has a reputation for being extremely difficult to pass. Across FTMO's various account levels, it is estimated that only around 10% of traders are able to successfully complete the evaluation and become a funded trader. This means approximately 90% of those who attempt the challenge end up failing.
Can you get banned from FTMO? ›
Besides the standard eligibility conditions, you should not have any past or prevailing conflict of interest with FTMO, or engagement in the Forbidden Trading Practices, as laid out in the Terms & Conditions (clause 5.4).
Do you have to trade everyday FTMO? ›
Trading Day
You do not have to trade for 4 days consecutively, you just simply have to complete at least 4 Trading Days in total by the end of the trading period.
FTMO have now restricted access to all new US-based traders as of January 2024. This appears to be related to regulatory issues and may have something to do with the recent My Forex Funds case.
Does FTMO give you real money? ›
An FTMO Account is an account with fully fictitious funds, however, with real market quotes from liquidity providers. Please note that, for FTMO Account purposes, liquidity providers do not provide us or FTMO Traders with any real money (liquidity), only with the market quotes.
Is FTMO trustworthy? ›
Having successfully operated since 2015, we provided thousands of clients with their FTMO Accounts, and in total, we have paid out over $160 million. We've also been featured in Forbes and awarded by Deloitte and EY multiple times.
Why are prop firms getting shut down? ›
Prop trading firms have been shutting down or suspending their services, particularly to U.S.-based clients, because of a crackdown from MetaQuotes, the company behind the popular MetaTrader trading platforms.
What is the best funded trader program? ›
Top 5 Best Funded Trader Programs 2024
- Bespoke Funding Program. Bespoke Funding Program is a prop firm where traders come together to help each other grow and succeed. ...
- Funded Trading Plus. ...
- Trade The Pool. ...
- The 5ers. ...
- Instant Funding.
What is the 2 minute rule in FTMO? ›
During the FTMO Challenge & Verification, you can ignore the rule of not trading in the window of 2 mins before to 2 minutes after the specific releases. We don't enforce it as we want to make it easier for you to pass the evaluation process.
Which prop firm has no time limits? ›
FTMO (Funded Traders Management Online) is one of the largest and most well-known prop firms in the industry. Based in the Czech Republic, they have funded over 12,000 traders with over $350 million since 2017. FTMO offers various account sizes for Forex and stock indices with no time limits to complete.
How many people fail FTMO challenge? ›
The FTMO challenge has a reputation for being extremely difficult to pass. Across FTMO's various account levels, it is estimated that only around 10% of traders are able to successfully complete the evaluation and become a funded trader. This means approximately 90% of those who attempt the challenge end up failing.
Is there a limit on FTMO accounts? ›
Just keep in mind that our maximum capital allocation on FTMO Accounts is $400,000 per trader/strategy.