Who can join ftmo. This can significantly alter their trading strategies, as many rely on such platforms for lower capital requirements and the potential for higher profits. Sep 23, 2023 · Traders can remotely manage an FTMO account with a balance of up to $400,000. In other words, you can change your account type to Swing account type after every Profit Split or after signing the FTMO Account Agreement and before placing any trade on the original FTMO Account. FTMO is one of the leading firms in the forex prop trading space with over 6000 new members joining in 2020. FTMO also does not accept clients – legal persons, who are company trusts. The best-performing FTMO Traders can progress into our Premium Programme, where they can be employed as professional traders with fixed salary by Quantlane – a traditional proprietary trading company. 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. Moreover, the FTMO Challenge is transferable, which means you can give it to another trader or make a giveaway for your clients. Aug 11, 2022 · Who Can Join FTMO. Step 1: FTMO Challenge. The profit split starts at 70% for traders and can go up to 90% based on performance and the Scaling Plan. In the case of the United States of America, FTMO does not accept clients in Louisiana, South Carolina, Montana, Arkansas, and Delaware. Performance coaching is a crucial aspect of the trading education and support provided by FTMO. To be eligible for a return, your item must be unused and in the same condition that you received it. Each FTMO Challenge needs to be traded from the beginning, regardless of whether you have passed one in the past. Even though FTMO Traders trade with fictitious capital only, they are entitled to obtain a reward in the form of real money if they can generate “profit” on an FTMO Account. No matter where you live, from A to Z, it doesn’t matter. Dec 7, 2023 · In this FTMO review, we’ve explored the key aspects of what to know before signing up to FTMO, a platform that offers traders a structured path to managing substantial capital with its unique evaluation process. 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. How does the FTMO technical infrastructure work? FTMO provides services of simulated trading and educational tools for traders. At least this is what the company claims to be the case. Since the beginning of FTMO, our objective has been to provide traders with conditions as similar as possible to the real market in all parts of the Evaluation Process, Free Trial, and FTMO Account. 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 prior to the split (not mandatory to be consecutive payouts) 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. And, do you know what is the best thing? If you are still undecided if you should start trading for a modern prop trading firm like FTMO, you can try the free funded trader challenge aka FTMO Trial Account. FTMO accepts traders from all around the world. There is no profit due for your Profit Split. This is a sample page. A demo account with fictitious capital where you will have to trade according to our Trading Objectives. All clients must be at least 18 years old. In actuality, FTMO has traders registered in more than 180 nations. If you know how to trade profitably and with proper risk management, that is all they care about. Aug 16, 2023 · The FTMO Challenge is a pivotal gateway for aspiring traders aiming to make their mark in the financial markets. Journey to become an FTMO Trader might be challenging, but our educational Tools & Services are here to help everyone. However, before joining any Forex Challenge, it is advisable to look a bit further right away, to the point when the trader starts managing company funds. You can choose an account size of up to $200,000. Whether you are a beginner or already know your way around trading and are interested in improving yourself, then you’re the person we’re looking for. The5ers’ funding program provides traders with capital to trade and offers profit sharing. There is no special qualification required. 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. US nationals/residents including the US overseas territories (Guam, American Samoa, Northern Mariana Islands, Puerto Rico, and the U. Join FTMO and start trading with 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. If you would like to combine your individual FTMO Account into a single master FTMO Account, we can do so upon request. Who can join FTMO? FTMO accepts traders who are at least 18 years old from all around the world. Just keep in mind that our maximum capital allocation on FTMO Accounts is $400,000 per trader/strategy. 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 (you can delete it and start a new one) Traders can use our Free Trial demo account for 14 days. These coaches have extensive knowledge and expertise in trading and can provide valuable insights and guidance to traders. [ftmo-footer-join builder=true] [/av_textblock] Quadrio offices Purkynova 2121/3, 110 00, Prague Czech Republic FTMO Challenge is the best choice for you! Learn Once you are a part of the Prime Status, you can enjoy the following benefits: 1x Free FTMO Challenge of the same size as the approved FTMO Account; Maximum Capital Allocation extended to $600K or equivalent in other currencies; Unlocked $400K FTMO Challenge product or equivalent in other currencies (10% discount applicable) Profit Split Each time you meet the requirements for the Gold or Platinum level, you receive either $50,000 or $100,000 FTMO Challenge for free. Join traders from all over the world and get a chance to progress your trading to a new level. You can withdraw your reward anytime between 14 to 60 days from your first trade on your FTMO Account (Profit Split). Virgin Islands) are not allowed to use MetaTrader or cTrader platform. This review covers account types, leverage, FTMO Challenge rules and more. If 30 days have passed since your purchase, we can’t offer you a full refund or exchange. Jul 31, 2024 · FTMO started as an idea back in 2014 when three traders working from a Prague office decided to join forces. FTMO chỉ cung cấp cho các nhà giao dịch những dịch vụ giao dịch được mô phỏng và công cụ mang tính giáo dục. We allow a maximum capital allocation of $400,000 on FTMO Accounts per trader or per strategy, at any given time. Apr 3, 2024 · Yes! Anyone who is older than 18 can join FTMO. The FTMO Account Swing, unlike the FTMO Account or FTMO Account Aggressive, has no limits on news trading or holding trades over the weekend. 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. Please note that your status (Natural Person, Legal Entity) will be based on the option you selected during your first order purchase, depending on Step 3 – FTMO Account. Các thông tin trên trang web này không dành cho các cư dân ở bất kỳ quốc gia hoặc khu vực tài phán nào, nơi mà việc chia sẻ hoặc sử dụng chúng sẽ trái với luật 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. Before you can access this channel, you first need to verify yourself as an FTMO Trader in the “FTMO Trader Verification” channel within the “📈FTMO Traders📈” category, following the provided instructions. However, clients must be at least 18 years old, and prior knowledge of trading and risk management is preferred. Unlike the FTMO Account, the FTMO Account Swing does not have restrictions for news trading or holding trades over the weekend. The goal of FTMO for 2023 is to increase the number of languages they offer. Meaning if they are able to trade the fictitious capital in a way that is profitable, proving their skills and the value of data provided in the process, they will 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. Feb 21, 2024 · Known as one of the best proprietary trading firms, FTMO lets folks trade various instruments, like forex, stocks, cryptocurrency, bonds, and more. Initially, FTMO was known as Ziskejucet. In the Free Trial, you will also have the possibility to test some of our Trading Applications and you will also receive a shortened analysis Which instruments can I trade and what strategies am I allowed to use? Your trading style is up to you. With FTMO, once you get to the FTMO Trader stage you can receive real rewards for your performance. cz but as the company grew it managed to secure funding and in 2017 and is now known as FTMO. 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. Zimbabweans can sign up for FTMO. How do I become an FTMO Trader? In order to become an FTMO Trader, you will have to pass our 2-step Evaluation Process. Implications for Traders The immediate effect of this ban is apparent – US traders can no longer participate in FTMO's evaluation process or manage FTMO-funded accounts. The path of a trader is challenging, and our educational applications, account analyses, and performance coaches are here to guide our clients. 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%. Jun 10, 2020 · Literally, anyone from anywhere in the world can join FTMO. Step 1 – FTMO Challenge. Yes, the bigger the account, the bigger the positions you can go with. Oct 13, 2023 · FTMO has a unique 2-step evaluation process to discover trading talent. Join our thriving community on Discord, where you can connect, share, and learn from like-minded individuals. The combined FTMO Accounts need to be at least at their initial account balance to be merged and meet the following conditions: The FTMO Account is not in drawdown. Periodically, we can allocate more balance into your FTMO Account if you’re consistently profitable. Traders who join FTMO are assigned experienced coaches who can help them improve their performance in the market. Mar 1, 2024 · Who is allowed to join FTMO? FTMO accepts traders across the globe. Aug 10, 2021 · FTMO Traders with the account type FTMO Account Swing are also exempt from the aforementioned limitations. All clients must be over the age of 18. The provided map delineates service availability, with eligible countries highlighted in blue. Please note that you must have an active FTMO Account for verification; otherwise, your application will be declined. Successful traders can remotely manage an account with a balance of up to $400,000. Our FTMO Challenge is the first step of our Evaluation Process. You can switch your existing FTMO Account to the FTMO Account Swing before every new cycle (Reference Period). FTMO's educational resources, account analysis, and performance coaching provide traders with the tools and support to achieve financial independence. You can, however, start a new FTMO Challenge and upon successfully passing another Evaluation Process, we will provide you with another FTMO Account. If you trade cryptocurrencies, some can be traded during specific hours of the weekend as well. There are no specific qualifications required to create an account. FTMO is open to Americans. After you sign up, you can either start an FTMO Challenge right away or, as we usually recommend, start with our Free Trial, which is a free version of our FTMO Challenge intended for practicing purposes. In the Client Area, you can select your FTMO Challenge based on the Account Balance, Account Type, and trading currency of your FTMO account. It must also be […] 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. S. As long as your trading is legitimate (in line with proper risk management), conforms to the real market conditions, and does not resemble forbidden practices, we have no reasons for limiting or restricting your trading strategy, whether it’s discretionary trading, algorithmic trading, EAs At FTMO, you can do both. Also, the above restrictions don’t apply to FTMO Traders having the account type FTMO Account Swing. This can be understood as 2 FTMO Accounts – each with $200k, or 4 FTMO Accounts – each with $100k, etc. Overview Our refund and returns policy lasts 30 days. Getting an FTMO Challenge is your first step towards becoming an FTMO Trader. A major draw to this firm is a very competitive profit split (up to 90/10), which has attracted top-tier investors and forex traders from all over. This unique test, devised by FTMO, a prop trading firm, is the initial step in a two-step evaluation process designed to sift and spotlight trading talents. With a large and supportive community by your side, you’ll never feel alone on your trading journey. . FTMO Accounts can be increased to a maximum initial balance of $2,000,000! Please refer to the detailed summary table below for a comprehensive breakdown of our scaling plan requirements. apdapcvxieutdqbfyospljmszkwnrqalmyzcyulebijydybogspnequ