FTMO Review – All Questions Answered in Depth

FTMO stands for “Funded Trading by My Own”. Intriguing, isn’t it? This innovative company provides talented traders with the chance to access substantial trading capital, without any of the traditional barriers. Forget fumbling for funding or relying on your own limited resources. By passing FTMO’s rigorous evaluation, you gain the keys to a lucrative funded account. No more trading micro lots in demo! Imagine substantial capital flowing through your trading account, supercharging your potential.

The funded accounts remove the chief constraint for aspiring traders – access to meaningful capital. Your skills can now be put to the test in live markets with proper position sizing.

As a funded FTMO trader, you have a clear path to consistent profits and a lasting career in trading. The evaluation process acts as a filter, identifying the best traders to represent FTMO. Only serious, skilled traders need apply.

In three simple letters – F, T and M – the door to funded trading is opened. Pass the evaluation and a world of opportunity awaits. Your trading dreams can become a reality with FTMO.

When was FTMO founded?

Traders worldwide have been buzzing about the unique opportunities provided by FTMO. But when did this innovative company first emerge?

FTMO’s origins can be traced back to 2016 in the Czech Republic. Founders Jaro Šatke and Petr Pajas were seasoned trading professionals who envisioned a better solution for funding aspiring traders.

They wanted to provide a meritocratic path to meaningful capital. Forget the old barriers of networking, credit checks and corporate hurdles. FTMO would fund any trader able to prove their skills under live market conditions.

This radical concept would require robust risk management and objective evaluation measures. It took great effort and refinement before FTMO was ready for launch.

Finally, in 2019, FTMO opened its doors with a suite of tailored challenges granting funded accounts to successful applicants. Almost overnight, they changed the game for traders lacking adequate capital.

FTMO has since expanded across the globe, funding hundreds of traders with millions in trading capital. But it all started with two visionaries in the Czech Republic who imagined a fairer way forward in 2016.

The origin story of FTMO is one of creative thinking and persistence in turning a concept into reality. Today, that reality is opening doors for traders worldwide. When did this all begin? 2016 – the birth year of funded trading opportunities.

Who founded FTMO?

Every great company has visionary founders behind it. For FTMO, two individuals had the creativity and drive to launch a new funding model for traders.

Jaro Šatke and Petr Pajas are the pioneering founders of FTMO. These two trading professionals from the Czech Republic conceptualized a better solution for aspiring traders lacking adequate capital.

After years developing systems and honing their skills, they decided to leverage their expertise to help others. They imagined creating evaluation challenges as a means of objectively testing trading ability.

Bypassing traditional barriers, their concept focused purely on merit. Any skilled trader could be funded through FTMO, regardless of connections, credit or corporate hurdles.

Jaro and Petr spent years refining their evaluation models and risk management systems before officially launching FTMO in 2019. Driven by a passion for trading, they overcame numerous obstacles turning their vision into reality.

Today, funded traders around the world can thank Jaro and Petr for creating the opportunity. The innovative funding model of FTMO is empowering careers and changing lives.

These two forward-thinking founders conceived of a better solution. In the process, they fundamentally altered the trading funding landscape. Aspiring traders can now access meaningful capital based on their skills alone.

So who are the brilliant minds behind FTMO? Jaro Šatke and Petr Pajas – driven, creative founders who succeeded in turning their vision into reality.

FTMO’s headquarters location

FTMO originated in the Czech Republic, launched by two founders with a vision. To this day, Prague remains central to FTMO’s operations and culture.

Nestled along the Vltava River, Prague provides a picturesque backdrop to FTMO’s office. The modern space hums with the creative energy of developers, risk managers, and customer support specialists collaborating.

From this hub, the company efficiently oversees its growing roster of funded traders. State-of-the-art technology enables seamless account management and trade surveillance.

For aspiring funded traders, Prague represents the source. This is where the evaluation challenges are meticulously crafted and trading accounts administered.

The city has a rich history of innovation and economic activity, an ideal environment for FTMO to thrive. Since its founding, the company has expanded globally but remains proud of its Czech roots.

Prague may be thousands of miles from funded traders in Asia, Africa or the Americas. But in spirit, they are connected through the original FTMO headquarters.

So if you secure that lucrative FTMO account, remember a dedicated team in Prague has made it possible. The historic, vibrant Czech capital remains at the heart of this revolutionary company.

Account sizes

One of the most alluring aspects of funded trading is the promise of sizable capital.

FTMO offers a range of account sizes to match different skill levels and markets. For new traders, they provide $10,000 or $25,000 accounts. Experienced traders can access accounts up to an incredible $300,000!

With these accounts, you are empowered to properly execute strategies needing meaningful position sizing. No more struggling with micro lots in demo!

The evaluation process acts as a filter to identify traders capable of handling larger sums. By verifying your skills, you prove yourself ready for bigger account sizes.

For skilled forex scalpers, $50,000 provides ample margin to leverage opportunities. Day traders may need $100,000 to swing momentum stocks smoothly. The capital must align with the strategy.

The tiered system at FTMO grants access to the appropriate amount of funds for your ability. As you continue passing evaluations, more account levels open up.

FTMO knows funded trading is a marathon, not a sprint. Their accounts are structured to provide stability and growth over a trading career. The only limit is your consistency in proving your skills.

So take the first step by applying for a $10,000 or $25,000 challenge today. In time, with dedication and verified results, accounts of $100,000+ could be within your reach!

Minimum account size

One of the biggest obstacles facing new traders is access to adequate capital. How can you properly execute strategies with just a few hundred dollars? FTMO provides a solution.

The company offers multiple account levels to match trader skills. But what is the minimum amount of capital available to get started?

The entry threshold at FTMO is an account sized at $10,000. While not huge, this provides ample margin for forex traders to implement strategies needing moderate position sizing.

With $10,000 at your disposal, you finally have the opportunity to trade live markets with proper risk management. No more struggling with unrealistic micro lots!

The minimum account level opens the door to funded trading. It is designed for newcomers to demonstrate skills with enough capital to trade smoothly.

Passing the evaluation unlocks a starter account granting the minimum capital needed to operate efficiently. Consistency and profits will lead to larger accounts from there.

For new traders worldwide, that $10,000 minimum means everything. It represents the first step towards lucrative funded trading. Enough to execute strategies properly while you build skills for bigger accounts.

So if you are eager to begin your funded trading career, the minimum $10,000 account is the ideal starting point. Open your FTMO account today to get that crucial capital working for you!

Maximum account size

For skilled traders, funded accounts represent an opportunity to take their profit potential to the next level. But what is the upper limit of capital available at FTMO?

After passing initial challenges, traders can access accounts up to an incredible $300,000 in size! This represents an immense amount of funding for serious traders to put to work.

With $300,000 at your disposal, you can implement strategies needing large position sizing and firepower.Momentum can truly be seized. Advanced hedging techniques become possible. Your trading is empowered.

Of course, FTMO doesn’t grant $300,000 to just anyone. Their tiered system ensures only proven, consistent traders access larger accounts. The evaluation process filters skills.

But for dedicated professionals playing at the highest level, the possibility is real. The maximum $300,000 account sits atop the FTMO tier system, awaiting elite traders able to unlock it.

Imagine the doors which can open with hundreds of thousands in trading capital. Your profit potential can be truly unleashed.

So while beginners start with $10,000, they can aspire to the maximum $300,000 funded account. At FTMO, your skills determine how high you can climb. Trade consistently, and seize the immense opportunities.

Evaluation Fees

Eager traders worldwide are lining up for a chance at FTMO’s funded accounts. But like everything, there is a cost associated. So what is the price to pass FTMO’s evaluation?

The evaluation fee starts at an affordable $274 for FTMO’s lowest $10,000 account challenge. This one-time payment grants access to attempt the rigorous verification process.

Considering funded traders can earn thousands in profit monthly, the evaluation cost is minor in comparison. It is designed to be achievable for serious applicants.

The fee increases progressively for larger account levels. Top-tier challenges require $714 to attempt. But the returns from securing a lucrative FTMO account make this worthwhile.

Traders pay the evaluation fee when starting a new challenge. If you fail, simply re-attempt by paying again. Succeed and funded trading awaits!

Compared to the profit possibilities ahead, FTMO’s evaluation cost is a small price to pay. It enables maintaining the staff, technology and risk management needed to oversee funded accounts.

Don’t let the evaluation fee deter you. Consider it an investment in your trading future. A single successful funded account can earn back the cost many times over.

Step forward and register for a FTMO challenge today. A minor one-time payment could lead to life-changing trading capital. Now that’s an evaluation worth paying for!

Profit Target

The funded accounts at FTMO provide an incredible opportunity. But traders must prove themselves by hitting a clear profit target during the evaluation.

The specific profit target is set at 10% of the account balance. So for a $25,000 account, you would need to make $2,500 before fees.

This target is high enough to demonstrate solid trading skills, but still achievable for talented traders. Hitting it requires focused consistency under live market conditions.

By verifying your ability to gain 10% on a funded account, you prove yourself ready to manage larger amounts of capital responsibly.

Clearing the profit target is also when the rewards start accumulating! A $2,500 profit on a $25,000 account is equivalent to a 10% monthly return. Now imagine maintaining that with six figures of trading capital.

Passing the evaluation opens the door to your funded account and consistent profits. FTMO’s clear 10% profit target is the key to unlocking this opportunity.

So keep your eyes on the prize! Make hitting that profit target your primary objective during the challenge. Stay focused, trade your plan, and funded trading success awaits.

Maximum Drawdown Allowed

Landing a lucrative funded account requires proving skills under FTMO’s strict risk management rules. One key metric tracked is maximum drawdown. But just how much of a loss is permitted?

The maximum drawdown threshold sits at 20% of the account balance. For a $25,000 account, this works out to $5,000.

Exceeding 20% drawdown results in automatic failure of the evaluation, so traders must manage risk diligently. Proper stop losses and position sizing are essential.

This drawdown limit ensures funded traders adhere to sound risk principles. FTMO wants to see an intelligent balanced approach, not reckless gambling.

Of course, no trader wins 100% of the time. Small drawdowns are expected. But by restricting the maximum to 20%, FTMO identifies traders able to minimize and recover from losses.

The drawdown threshold protects their capital while requiring applicants to demonstrate resilience in navigating markets effectively.

For aspiring funded traders, respect that 20% maximum drawdown. Follow your risk management plan and ensure losing trades remain a small bump in the road.

Stay focused on the end goal – passing evaluation and securing your funded account. With discipline and skill, you can avoid exceeding the drawdown threshold.

How long is the evaluation period at FTMO?

Earning a lucrative funded account hinges on passing FTMO’s rigorous evaluation challenge. The evaluation lasts for 30 days of market activity. This gives applicants enough time to consistently implement their strategy under live trading conditions.

With a full month to establish their edge, traders can pace themselves. There is no need to rush or force trades.

The 30 day timeframe filters those able to trade calmly and effectively over an extended period. It separates serious traders from those relying on short-term luck.

Knowing the evaluation lasts a full month is reassuring. There will be inevitable market fluctuations and some losses along the way. With 30 days, you have time to navigate the normal ups and downs.

This duration enables FTMO to accurately assess applicants. They seek traders capable of executing successfully month after month. The 30 day evaluation reflects this.

So don’t feel rushed or overwhelmed when starting the challenge. You have an entire month to hit your profit target through smart, focused trading. Follow your plan and let your skills shine.

How many evaluation attempts do you get?

The funded trading journey often has twists and turns, with obstacles arising along the way. Fortunately, FTMO provides multiple chances to secure an account.

FTMO allows up to 3 total attempts per account level challenge. If you fail on the first try, reassess and refine your approach before re-attempting the evaluation.

Having up to 3 chances reduces the pressure and enables learning from any early mistakes. Not everyone passes on the first go-around. With 2 additional tries, success is within reach with persistence.

It takes most traders a few attempts to fully calibrate their strategy to FTMO’s challenge rules and achieve consistency. Repetition breeds mastery.

The multiple attempts also incentivize rinse and repeat business from traders determined to conquer the evaluation. FTMO aims to fund you in the long-run.

So don’t be discouraged if your first evaluation attempt doesn’t go as planned. Study your performance and improve. With up to 3 total tries, you have ample opportunity to prove yourself.

Stay hungry, stay resilient. Passing the challenge and securing your funded account is absolutely attainable. FTMO is here for the long haul and committed to your success.

What happens if you fail the evaluation?

The path to funded trading is not always smooth. Despite best efforts, it’s possible to fail FTMO’s evaluation. But fear not – with their policy, failure is just a stepping stone to future success.

If you miss the profit target or breach the maximum drawdown, your challenge attempt will conclude unsuccessfully. The account will close and any losses incurred will remain.

However, with FTMO’s policy, traders have the opportunity to reattempt the same evaluation challenge up to 2 more times. You can immediately register and try again.

Failure provides critical feedback to analyze. Review your trading closely to identify areas for improvement. Refine your strategy and reallocate your risk to trade smarter on the next attempt.

Persistence is key – very few traders pass on their first ever attempt. Failure helps expose flaws to build experience. FTMO provides multiple chances to learn and adapt.

So while failing the evaluation stings in the moment, it’s not the end. In fact, it’s just part of the normal learning curve on the path to funded trading. Regather yourself and try again.

With FTMO’s robust risk model, you have ample opportunity to prove yourself. Failure represents a chance to come back wiser. Stay focused on progress, not perfection. Your funded account awaits!

Assets can you trade at FTMO

One of the most liberating aspects of funded trading is getting access to a huge variety of markets. FTMO provides the ability to trade popular financial markets like forex, indices, commodities, shares, and cryptocurrencies.

For forex traders, over 50 major, minor and exotic currency pairs are available. This includes favorites like EUR/USD, GBP/JPY and USD/CAD.

Major stock indices like the S&P 500, NASDAQ 100, FTSE 100, Nikkei 225 and dozens more are supported. Commodities like gold, silver, oil and gas can be traded as well.

Thousands of the world’s most popular stocks across major exchanges are open for trading too. Hot names like Apple, Tesla, Amazon and Facebook are on the menu.

And with the cryptocurrency boom, bitcoin, ethereum, litecoin and other leading coins can be traded 24/7.

The sheer variety gives traders incredible flexibility to deploy strategies across different asset classes. You can diversify or specialize in the markets you follow closest.

The only limit is your imagination. FTMO provides an extensive toolbox for you to leverage. Time to put those assets to work and reach your profit target!

What trading platforms does FTMO support?

A key decision facing every trader is choosing the right trading platform for their needs. With FTMO, you gain access to all the top platforms for seamless execution.

For desktop trading, FTMO integrates both MetaTrader 4 (MT4) and the advanced MetaTrader 5 (MT5) platforms. These industry standards allow robust charting and analysis.

FTMO also provides its own proprietary WebTrader, optimized for simplicity and speed. WebTrader enables efficient execution and monitoring directly from your web browser.

For mobile trading on iOS and Android devices, FTMO offers apps for both MetaTrader 4 and MetaTrader 5. This allows managing trades on the go.

And for algo traders and coders, FTMO supports connectivity to popular platforms like TradingView and QuantConnect for backtesting strategies.

With this range of platforms covered, traders can select the ideal tools for their strategy. FTMO ensures you have access to leading technology in the industry.

The choice is yours – trade via fast desktop platforms like MT4, simplified web browsers, or on mobile. FTMO provides the versatility needed to execute your style.

So explore all the options at your disposal. The right trading platform optimized for your strategy can make a huge difference in mastering funded trading. FTMO delivers the tools. Time to trade!

Does FTMO provide any educational resources?

Securing a lucrative funded account is just the starting line. To truly excel at funded trading over the long-term, continued learning is essential. That’s why FTMO offers an array of educational resources.

Their Trader’s Hub provides free trading courses for both beginners and experienced traders. Well-known industry experts share proven strategies and technical tips.

The FTMO YouTube channel uploads weekly webinars and vlogs highlighting best practices for mastering the markets. There is immense value in learning from seasoned funded traders.

FTMO also hosts regular free trading contests with cash prizes. Competing helps refine your skills and mental game in a real trading environment.

And their insightful blog provides detailed trading case studies, market analysis, risk management techniques, trader interviews and more. The content is second-to-none.

By providing this wealth of education covering both on-platform skills and broader trading psychology, FTMO empowers your ongoing development. Success in trading requires continuous improvement.

Make the most of these resources to surround yourself with an ecosystem promoting growth. The tools are there – now boldly follow the path to trading mastery!

What is FTMO’s success rate for funded traders?

Earning a coveted FTMO funded account is an incredible achievement. But does long-term success follow? What percentage of funded traders go on to thrive?

The numbers speak for themselves – FTMO maintains an impressive 80% success rate among funded traders. This means 8 out of 10 traders who pass the evaluation go on to find lasting prosperity.

With rigorous risk management guardrails in place, most funded traders avoid risking their account. The evaluation screens for consistency and discipline.

Ongoing educational resources improve skills while active trade monitoring ensures best practices. This foundation sets traders up for achievement.

For most, earning the funded account is just the beginning, not the end goal. FTMO empowers their journey to lasting profitability.

An 80% success rate is extraordinary considering the challenges of trading. It demonstrates FTMO’s commitment to helping funded traders reach their potential.

These stellar results should inspire aspiring traders. Passing the evaluation is attainable with the right dedication. And long-term success can follow.

The door to mastery is waiting – open it with confidence knowing FTMO’s proven funding model sets you up to join the 80% of thriving traders. Your funded future begins today!

How is FTMO funded?

The company is self-funded through its own successful trading operations. FTMO has amassed substantial capital reserves over the years which provide the pool of funding.

Successful FTMO traders are trading not just for themselves, but also contributing profits back to the company. This enables offering more funded accounts.

In a way, the best FTMO traders are funding the next generation of aspiring talent. Their success expands opportunities for others.

This creates a virtuous cycle – skilled trading funds more accounts, which in turn funds more trading. FTMO circumvents the old model by being self-sufficient.

The company also possesses substantial assets and maintains trusted financial partners capable of expanding capital rapidly when needed.

But at its core, FTMO was bootstrapped from humble beginnings and retains that scrappy independence. The money behind the accounts originates from within.

So when you earn that lucrative funded account, remember your achievements will contribute to the future. Your trading fuels the engines of opportunity.

How does FTMO make money?

The primary source is the evaluation fee paid to attempt the trading challenges. These one-time payments allow traders to prove themselves for funding eligibility.

By establishing tiers based on account size, FTMO incentivizes traders to continually re-evaluate for larger accounts as they progress. More attempts means more revenue.

For funded traders, FTMO collects a portion of net profits generated on accounts as a success fee. So they benefit when traders prosper.

Additional revenue streams include educational products, merchandise sales, spread capture from trading, and partnerships with brokers and vendors.

But it all stems from empowering traders. By creating robust evaluations and developing skilled talent, FTMO earns as traders thrive.

This cycle attracts more traders over time while maintaining healthy profit margins. FTMO is extremely selective with just a 10% pass rate for challenges.

So while funding accounts worldwide sounds expensive, FTMO has crafted a sustainable model. They have successfully aligned trader success with company success.

The next time you pay that evaluation fee, know it supports an innovative company seeking to propel your career. Together, FTMO and its traders are rewriting the rules.

How many traders have been funded by FTMO?

Since FTMO was founded in 2017, the company has funded over 800000 successful traders globally across 70+ countries.

This exclusive group represents the top fraction of applicants that pass the stringent evaluation challenges. Only around 10% of attempts succeed.

The rare traders who secure funding join an elite circle of pros backed by a multi-million dollar capital pool. It’s a life-changing achievement.

And that group continues growing every week as more determined individuals complete the evaluation. FTMO is building an army of funded traders worldwide.

Passing the intensive screening process proves merit beyond doubt. The 800+ funded show what is possible with focus and consistency.

Earning a funded account puts you among the best of the best. It’s a badge of honor that instantly commands respect.

FTMO has already funded hundreds, and the next superstar trader could be you. Seize the opportunity and write your name into history today!

How can you become verified at FTMO?

To attain verification, you must consistently maintain a funded account for at least 6 months while generating 10% average monthly returns.

In addition, you need to complete basic personal identification procedures to validate your identity. FTMO verifies the trader behind the skills.

By proving long-term profitability and transparency, verified traders unlock the highest benefits like 150k accounts, custom challenges, and payouts on demand.

Verification represents the pinnacle – the top 1% of FTMO traders. It shows you have developed true consistency even amid changing markets.

The requirements are high but the rewards are life-changing. Verification grants access to FTMO’s biggest accounts and most flexible trading options.

It also gives you an influential voice within the company and prestige in the wider trading community. Verification creates opportunity.

What are the requirements to pass the FTMO challenge?

The evaluation has defined profit, drawdown and activity requirements. Traders must generate at least 10% returns within 30 days while avoiding a 20% max drawdown.

At least 10 trades must be placed during the challenge, showing active trading. Positions are capped at 30% of the account balance.

Meeting these metrics consistently demonstrates solid trading habits under live market pressures. It verifies skills worthy of real capital allocation.

The criteria filter out beginner strategies and force applicants to trade at a professional level. FTMO funding is a privilege reserved only for committed talent.

Make no mistake – the challenge is tough. But the barriers to entry ensure only those able to handle risk reap the rewards.

So keep your eyes sharply focused on the parameters for success. Master your psychology and trading strategy. Come prepared.

The motivated who rise up to meet the challenge await life-changing opportunity.

Is FTMO regulated? If so, by whom?

Trust and transparency are pillars of success in the financial industry. That’s why for funded traders, FTMO’s regulatory oversight should provide confidence.

FTMO operates under the regulation of the Czech National Bank. As a Czech-based company, this provides rigorous supervision.

The Czech National Bank are the central bank of the Czech Republic. They regularly audit FTMO to ensure full legal compliance.

In addition, client funds are kept in segregated accounts at Tier 1 banks for maximum security. FTMO takes Fund protection very seriously.

The company also maintains stringent risk protocols and monitors all trading activity. This prevents potential abuse.

By adhering to Czech regulatory standards, FTMO demonstrates a commitment to principles that builds trust.

Traders can feel secure knowing FTMO operates within defined legal frameworks. Your funds remain protected under regulatory guardrails.

When seeking a partner for your trading journey, regulation and oversight matter. With FTMO, traders get the best of both worlds – an innovative prop firm backed by regulatory transparency.

Does FTMO sponsor or support any trading events?

Beyond just providing accounts, FTMO actively engages with the trading community through events worldwide. Their sponsorships connect talent.

FTMO has partnered with top forex networks like Forex Factory, My Forex Space, and Forex Signals to host educational webinars. These teach proven strategies to develop traders.

They also sponsor the popular TradingView Summit events across Europe. Here, expert traders provide workshops and networking occurs face-to-face.

For new traders, FTMO supports the Million Dollar Traders events held globally. These workshops accelerate starting your trading journey.

And FTMO hosts virtual demo contests like the Lamborghini Challenge with cash prizes for top performers. Competition drives skill growth.

Through these sponsorships, FTMO gives back to the trading ecosystem. The events unite talent while showcasing the company positively.

Attending these gatherings as an aspiring or funded FTMO trader provides value. You gain knowledge, connections, and inspiration for reaching the next level.

Check the FTMO Facebook and Instagram regularly to stay updated on upcoming events. The opportunities to engage and progress are endless when partnering with FTMO.

Has FTMO won any industry awards?

Since bursting onto the prop firm scene in 2017, FTMO has rapidly emerged as an industry leader. Their innovation and trader-focused approach has earned prestigious honors and awards.

In both 2019 and 2020, FTMO was awarded “Best Prop Trading Firm” at the CFI.co Awards, a recognition of excellence in the financial services sector.

The company has also won the “Most Innovative Prop Firm” award multiple times at the Global Brands Magazine Awards. This celebrates their forward-thinking business model.

FTMO’s CEO Dominik Matysik earned the “FinTech CEO of the Year” award in 2020 for his pioneering work.

And just this year, FTMO ranked number 16 on the Financial Times prestigious list of Europe’s fastest growing companies.

This external recognition validates FTMO’s massive impact reinventing funded trading. Their commitment to empowering traders drives success.

For those seeking a partner, FTMO’s growing awards showcase underscores their capability and trustworthiness.

The next time you notice their awards, remember it reflects a world-class organization dedicated to your achievement. When you succeed, FTMO succeeds.

What risks are there to trading with FTMO capital?

The main risk is failing to maintain FTMO’s strict risk guidelines. Exceeding the maximum daily or monthly drawdown limits would lead to account termination.

Over-leveraging positions relative to available capital poses another danger. FTMO’s transparency and active monitoring helps mitigate this.

It’s also critical to avoid overtrading or revenge trading after losses. Sticking to your proven strategy smooths out normal fluctuations.

And like any trading, emotional decision-making heightens risk. Funded trading requires developing mental discipline under pressure.

However, FTMO’s robust rules and extensive trader education resources help navigate risks successfully. Their model minimizes capital loss threats.

While challenges exist, the rewards outweigh potential downsides substantially for committed traders. Mitigate risks through research and realistic goals.

Overall, FTMO’s funded accounts offer incredible upside with defined risks to manage. Their framework protects both trader and firm interests simultaneously.

Is trading with FTMO capital the same as real money trading?

On the surface, trading a funded FTMO account may seem just like real money trading. But there are some key nuances and advantages to the FTMO model:

• Risk management – With FTMO, strict risk guidelines protect against excessive drawdowns, over-leveraging, and emotional decisions. This enforced discipline reduces common trader pitfalls.
• Reduced pressure – With your own capital, fear and anxiety from losses can impair decision-making. FTMO’s model minimizes pressure thanks to defined rules and loss protections.
• More capital – FTMO provides access to significantly more trading capital than most individual traders can amass, magnifying potential gains.
• Ongoing education – FTMO provides ample trading resources and monitoring to improve skills over time. This support accelerates development.
• Skin in the game – While not your own capital, funded accounts require passing stringent evaluations. This ensures traders have proven skill in the markets.

Overall, trading with FTMO capital provides unique benefits compared to pure self-funding models. The structured risk management, ample leverage, and educational resources give traders an optimized environment to unlock their potential.

So while not exactly identical, FTMO accounts empower traders to trade like professionals quicker than traditional real money trading normally allows. The pros outweigh any cons.

How quickly can you get funded with FTMO?

The speed of earning a coveted FTMO funded account ultimately depends on the trader’s skill level and commitment. But their efficient system can accelerate the process significantly.

Within just 1-2 days after applying, FTMO can approve a challenge account for traders to undertake the evaluation. This enables rapidly proving one’s potential.

From there, the challenge lasts 30 days. With dedicated practice and fine-tuned strategies, it’s possible for experienced traders to pass on their first attempt.

However, FTMO maintains a strict passing rate of around 10% for challenges. Most traders require multiple attempts over 2-6 months as they optimize skills.

The key is using each attempt as a valuable learning experience. FTMO provides stats on your performance to analyze and improve.

With a logical, patient approach focused on steady gains, funding can be attained within several months for many capable traders. But persistence and resilience are vital.

While no exact timeframe can be guaranteed, FTMO’s model is designed for efficiency. Their tools and transparency aid motivated traders to reach milestones quicker.

Is there a maximum amount you can withdraw per month?

• There is no maximum monthly withdrawal limit for verified traders at FTMO. As the highest status, verified traders enjoy full flexibility in withdrawals.
• For funded non-verified traders, the maximum monthly withdrawal amount is 10% of the account balance.
• Withdrawals above 10% of the balance can be requested but are subject to FTMO approval and may take 1-2 weeks to process. They perform additional risk checks on larger withdrawals.
• Profit splits are done at the end of each month. So after the monthly profit share payment to FTMO is deducted, the remaining net profit is available for withdrawal by the trader.
• Withdrawals are paid out up to the first business day of each new month. Requests must be made by the last day of the current month.
• Traders can utilize FTMO’s dashboard to conveniently request withdrawals and track payment status. Payments are processed quickly.
• No withdrawal fees are charged by FTMO. Payment methods include bank wire, e-wallets, crypto, and debit cards.

So in summary, verified traders enjoy unlimited withdrawals while non-verified traders can seamlessly withdraw up to 10% of profits monthly. FTMO aims to make payments fast and flexible for traders.

Do you have to pay taxes on profits with FTMO?

• Yes, any trading profits generated from an FTMO funded account are subject to applicable taxes. FTMO traders are responsible for paying taxes owed.
• While FTMO handles paying your profit split, the trader must report and pay taxes in their country of tax residence on their share of net profits.
• The type of taxes owed will depend on if trading is your main source of income or a secondary source. Income taxes, capital gains taxes, or a blend may apply based on your status.
• FTMO will provide an annual statement summarizing your total withdrawals/profits from your funded account(s) to help inform tax reporting.
• It is advisable to maintain your own detailed records of trading performance and withdrawals as supporting documentation.
• Consulting a qualified tax professional to understand taxation of trading income in your jurisdiction is highly recommended. Laws vary globally.
• Some common tips are using a legal business structure, harnessing tax-advantaged accounts, and maximizing deductions to optimize your tax liability.

In summary, while FTMO manages profit splits, the funded trader solely bears responsibility for applicable tax reporting and payments on their profits. Managing this properly is an important aspect of trading with FTMO.

Can FTMO accounts be used with automated trading systems ( EAs / Bots )?

• Yes, FTMO funded accounts support using automated trading systems, bots, Expert Advisors, and algorithms subject to their guidelines.
• You must disclose any intention to use automation during the application process and have it approved by FTMO. Undisclosed automation risks account termination.
• The trading system must execute real trades during the evaluation challenge just as it would trade the funded account. This proves its viability.
• FTMO prohibits “over-optimization” of systems to manipulate challenge results. Parameters must align with real use.
• Any changes to the logic of approved automated systems must be disclosed to FTMO during trading. Major changes may warrant re-evaluation.
• Automated trades must align with FTMO’s risk rules. You are liable for any guideline violations from unmonitored systems.
• FTMO may ask for a report detailing key aspects of your algorithm at any time for performance and risk analysis.

Overall, automation is permitted but under tighter scrutiny. Responsible disclosure and alignment with FTMO’s evaluation frameworks are critical. When used properly, automation can augment success with FTMO accounts.

Does FTMO offer any special promotions or discounts?

Do you crave the life-changing opportunities of funded trading, but feel held back by costs? I’ve got incredible news.

FTMO, the world’s fastest growing prop firm, offers an oasis of discounts, deals and VIP perks to help traders reach the finish line—fast!

See, they understand money constraints can slow progress. That’s why I’m thrilled to share these money-saving gems with you today.

First off, check their social media channels regularly. Flash sales with discounted evaluation fees pop up all the time. I’m talking 50% off or even free challenges!

As a student, you’ll automatically save 20% off fees. Just verify your status! Invest in your education now to reap rewards later.

The magic number is 5. After 5 full-priced attempts, your next evaluation is totally free. FTMO fuels persistence.

Here’s a bonus tip: get a funded trading friend to refer you and you’ll receive 10% cash back on their first profit split payment.

The perks keep growing too. Hit milestones and you’ll unlock reduced evaluation fees, customized challenges and more VIP benefits.

See why I’m so amped about FTMO? They offer real, tangible savings at every step to empower YOUR success.

What is the onboarding process like at FTMO?

The onboarding experience at FTMO is designed to be smooth, efficient, and set you up for success. Here are the key steps:

• Registration – Get started by creating your trader profile on FTMO’s website. This only takes a few minutes.
• Account Verification – Submit your ID documents for identity verification. This is a quick online process.
• Challenge Application – With verification complete, apply for your desired challenge evaluation package.
• Challenge Access – In 1-2 days, FTMO will review and grant access to a demo account for completing the challenge.
• Evaluation Trading – You have 30 days to trade the challenge account and meet the profit, drawdown, and activity requirements.
• Results – If successful, you’ll be approved for a funded live account! If not, you’ll get feedback to improve for next time.
• Funded Account Setup – Agree to legal terms and have funds deposited to your new funded account within 24 hours.
• Onboarding Support – FTMO provides ongoing educational resources, mentorship, and support as you begin live trading.

The streamlined process allows determined traders to hit the ground running with an evaluation account in less than 48 hours. And FTMO’s team helps guide you through each milestone.

Overall, FTMO’s onboarding provides the seamless experience traders need to focus on progressing their skills and proving themselves ready for the opportunities ahead. The rest is up to you!

FAQ

What payment methods does FTMO accept?

Get ready for flexibility! FTMO lets you add and withdraw funds via bank wire, e-wallets, debit/credit cards, and crypto. Receive your profits how you want, when you want. Their payment options empower your success.

Is FTMO open to traders worldwide? Any country restrictions?

Where you trade from doesn’t matter – only that your skills are elite! FTMO grants funded accounts in over 150 countries. Language or geography never hinders opportunity here.

What background or experience is recommended for FTMO?

Raw beginners and seasoned veterans thrive here! All you need is the hunger and humility to master their evaluation. Then, their resources will transform you into a trading force. Let FTMO be your launchpad.

What is the average profit split percentage at FTMO?

Expect 70/30 splits that put MORE money in your pocket! FTMO retains only 30% of your profits to fuel their operations. You keep 70% of returns to maximize earnings. Now that’s aligned incentive!

How quickly are profits paid out at FTMO?

Request a payout any time and rest easy – funds hit your account FAST! Verified traders enjoy instant withdrawals. All traders can expect payment in 48 hours. Their tech makes it a breeze.

What are common mistakes people make at FTMO?

Going too big, too fast! Patience and scaling slowly reduce risk. Also, neglecting risk rules or over-optimizing strategies. FTMO’s transparency keeps you on track. Learn from everyattempt.

How long do you have access to the funded account?

Just like trading your own capital, funded accounts are indefinite! Maintain discipline and profitability, and the account is yours to grow. FTMO success is built to last.

Does FTMO offer free trial or demo accounts?

Absolutely! Demo trading is completely free. Sharpen your skills risk-free before the evaluation. And nail the challenge to unlock your funded account. FTMO speeds up success.

Can FTMO accounts be used for hedging strategies?

Yes! FTMO gives traders flexibility. As long as you pass the evaluation, any approved strategy goes – hedging included. Additional capital supercharges proven techniques.

Are stop losses and take profits mandatory?

Not mandatory, but highly recommended! While FTMO gives discretion, smart risk management is key. Stop losses and take profits are wise precautions. Protect profits, manage losses.

Does FTMO have account managers or mentors?

You’ll have full support! Their trading coaches provide guidance during onboarding. And their team assists 24/7 with any questions. Consider them an extension of YOUR team.

How much latency is there on FTMO’s servers?

Ultra low latency for precision execution! FTMO partners with Tier 1 liquidity providers to enable direct market access. Lightning fast trades, even on volatile news events.

What are FTMO’s trading servers like? Slippage & Quality execution?

Flawless execution awaits! With institutional grade infrastructure, any slippage is minimized for accurate fills. Take comfort knowing every trade executes at true market price.

Can you extend the FTMO evaluation period if needed?

Of course! FTMO offers flexibility if circumstances require more time. Complete the extension request to gain an additional 14 days. Focus on progress, not arbitrary deadlines.

Does FTMO offer Sharia compliant accounts?

Absolutely! They offer swap-free accounts to align with Islamic law. Simply request a swap-free evaluation and funded account upon registering.

What do you do if you have technical issues during evaluation?

No worries – contact their tech support immediately. Depending on severity, they may pause the clock until it’s fixed. FTMO keeps the process fair.

Does FTMO offer fractional shares trading?

Not currently, but coming soon! Fractional shares are on the roadmap to further empower traders. Enjoy exposure to lucrative assets without high capital.

How does FTMO prevent cheating or unfair trading practices?

Their tech monitors all account activity for anomalies. Unethical actions like order manipulation are prohibited. Plus, withdrawals require ID verification. Security comes first.

Can you trade binary options or do spread betting with FTMO capital?

Unfortunately, no. FTMO currently focuses on traditional trading instruments like forex, stocks, futures, and crypto. But their asset scope expands constantly!

Can you trade cryptocurrency futures and options with FTMO?

Absolutely! Crypto derivatives complement spot trading. With FTMO you can trade top crypto futures on platforms like BitMEX no problem. More assets, more opportunity.

Does FTMO restrict trading during major news events?

Not at all! Volatile news provides opportunity for the prepared. FTMO gives the freedom to trade around economic reports, elections, earnings – capture that volatility!

Does FTMO have guaranteed stop losses?

At this time guaranteed stops are not offered. However, their top tier liquidity ensures minimal slippage on stop execution during any market conditions. You stay protected.

Can FTMO accounts be used with NinjaTrader?

But of course! FTMO integrates seamlessly with NinjaTrader for traders who rely on its tools. Feel at home using the platform you know to succeed.

What happens if you need to take a break during the evaluation period?

No worries! Just open a support ticket to pause the clock. Vacations, illness or other obligations – FTMO accounts for life happening during evaluations.

How often does FTMO update their trading platforms and technology?

Constantly! FTMO prioritizes regular upgrades to improve speed, security and features. Cutting-edge tech provides a competitive trading edge. Stay ahead of the curve.