FAQs
You will trade with the same account balance that you traded in your FTMO Challenge. If you traded with $200,000 in an FTMO Challenge, you would also have access to a $200,000 FTMO Account.
How much capital can you trade with FTMO? ›
Just keep in mind that our maximum capital allocation on FTMO Accounts is $400,000 per trader/strategy. If you are successful and consistent in the long run, your FTMO Account balance can be increased according to our Scaling Plan.
Do you trade real money with FTMO? ›
Even in the case of an FTMO Account, the FTMO Trader has access only to a simulated demo account with fictitious capital, i.e. there is no trading with real funds. Therefore, the Trader never gains access to a real "live account" or "margin account" etc.
How much does FTMO give you? ›
As mentioned earlier, there is a profit split between the trader and FTMO for all funded accounts. For the $200,000 account, the profit split is 70/30 in favor of the trader. This means that the trader will receive 70% of the profits made while trading the funded account, and FTMO will keep the remaining 30%.
What can be traded on FTMO? ›
Ticker
- Forex.
- Indices.
- Crypto.
- Commodities.
- Custom.
Is $1000 enough to day trade? ›
Believe it or not, you can start forex day trading with $1,000 or even less. It requires mastering position sizing and managing risks, but if you navigate your way to success, the rewards can be significant. In this article, we will discuss in detail how you can day trade with $1000.
How much capital should I use for trading? ›
There is no set minimum amount required to begin investing. Individuals can start investing even with a small amount. Moreover, there are some strategies that you can follow to find the right investment amount. The X/3, 100 minus current age and 75% profit strategies are popular.
How does FTMO pay you out? ›
The payouts are processed within 1-2 business days upon confirming the invoice. You can receive your profits by a regular bank wire transfer, Skrill or cryptocurrencies. We don't charge any commissions for withdrawals.
Is FTMO trading worth it? ›
If you then feel confident of passing the Evaluation and you would benefit from more capital, I would certainly recommend taking the FTMO Evaluation Process to become one of their traders! Also BE PATIENT! It may take you years (it takes most years) to become consistently profitable, but it is all worth it.
Did FTMO ban US traders? ›
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.
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 FTMO a monthly fee? ›
However, unlike some other companies, at FTMO you only pay a one-time contribution and don't have to pay any additional monthly fees. When you pass our Evaluation Process and get an FTMO Account, we refund this fee so you will be actually only trading with our money.
How hard is it to pass FTMO? ›
There is estimated to be a 90% fail rate of traders that take the FTMO challenge. The reason behind this is due to traders chasing the profit target with a time restriction in place. A trader doesnt know when a winning streak might occur, or when they may take a string of drawdowns.
What is the 2 minute rule for FTMO? ›
Be reminded that if your Stop Loss or Take Profit is activated/filled during the restricted time window of 2 minutes before until 2 minutes after, it may be taken as a violation of the FTMO Account Agreement. Other non-targeted instruments can be traded normally. E.g.
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.
Why is FTMO expensive? ›
The fee covers the costs related to the FTMO Challenge provided by FTMO such as the designing, development, and operation of the FTMO platform (the technical infrastructure behind the provided educational services and applications).
What is the maximum capital allocation for FTMO? ›
We allow a maximum capital allocation of $400,000 on FTMO Accounts per trader or per strategy, at any given time.
Does FTMO have a lot size limit? ›
We do not require you to use a Stop-loss (although it's generally advisable to always have certain safety measures in place) and the maximum volume per order on Forex is 50 lots. You can trade all the instruments and assets that are available in your trading platform (Forex, Indices, Commodities, Stocks, Crypto,…).
What is the maximum allocation for a prop firm? ›
The best prop trading firms provide clear scaling pathways so traders can grow account sizes aggressively as skills develop. The most generous companies offer seven-figure account funding potentials for star traders to truly apply high-level methods (Our maximum capital allocation is $4,000,000).
What is the maximum account size for the funded trader? ›
Members of The Funded Trader are able to have a maximum of simulated Funds $1.2M in active challenge accounts and a maximum of $600k in active simulated funding accounts. For clarification, these maximum limits mean that you are only able to trade up to $600k in active simulated funded accounts at any given time.