FTMO
FTMO’s Trading Objectives are based on risk management principles, and they verify that our clients can manage them effectively. By adhering to these objectives, clients enhance their skills and build healthy and sustainable trading habits.
Upon accomplishing Trading Objectives during FTMO Challenge and Verification, clients gain access to an FTMO Account. These objectives will remain in place, except for the Profit Target.
How does it work ?
- 3 Steps program.
- Step 1 : 10% profit target, 5% daily loss limit, 10% overall loss limit.
- Step 2 – verification: 5% profit target, 5% daily loss limit, 10% overall loss limit.
- Step 3 – Funded trader: withdraw monthly, 5% daily loss limit, 10% overall loss limit.
Specifications
- Price of the challenge is refunded AFTER your first withdraw.
- Wire transfer payout : minimum 20$ closed profits.
- Crypto payouts : minimum 50$ closed profits.
- Initial profit plit : 80% – 20%.
- No new orders 2 minutes before AND after specific news events (only for funded accounts).
- Platforms : MetaTrader 4-5, cTrader, DXtrade.
- Can trade Forex, Cryptos, Stocks, Bonds, Indices and Commodities.
- Offers a scaling plan.
The scaling plan
- Your prfofit split goes from 80% to 90%.
- 25% upgrade of you INITIAL account balance.
- Upgrade every cycle (4 Months).
- Must have at least 2 withdraws in the cycle.
- Must reach at least 10% net profit in the cycle.
- Must have a positive account balance at the time of the scale-up.
- $2 Millons account cap.