FTMO provides services of simulated trading and educational tools for traders. 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. In the Free Trial, you can check our trading setup and try it out for free and we always recommend our clients to try it before jumping into the Evaluation Process.
Are there differences in execution for different clients?
All execution settings have been the same for all clients regardless of whether it is Free Trial, FTMO Challenge, Verification or FTMO Account. We do not differentiate among any group of clients. All clients take advantage of the same execution and accounts settings on a trading platform, with no difference at any stage, regardless of your trading performance.
Can I experience any execution delays?
Execution delays are always present in real market trading. It happens on all trading platforms and trading servers. To simulate this on FTMO’s servers, we apply a delay which reaches up to 200 ms. Other factors that contribute to execution delays are geographical location from the server/data centre, internet connection, and latency. Execution delays are not set up on an individual basis but indiscriminately for all clients on a particular platform. You can always view the execution speed in your platform terminal – journal.
Why does FTMO charge a commission on some asset classes?
In order to best emulate how financial markets operate and in line with market standards, we also include simulated commissions when executing trades. All commissions applied to each symbol can be found by everyone on our website and on the trading platform. This is another important part of getting close to how the real market works and testing trading skills in the most accurate conditions as if they were in the real market. We pride ourselves on having one of the industry’s lowest and most competitive commission structures.
Does FTMO apply hidden markups or added slippage?
We do not add hidden markups or additional slippage. Trades are executed according to the pricing visible on the trading platform. In the case of slippage, the executed price was affected due to the technical delay that we explained above. Slippages can be both positive and negative without any preference.
How does copying trades affect FTMO Traders?
In case FTMO wishes to replicate a client’s trades, the replication technology runs in a separate environment without interfering with the account of the client. The trading conditions remain the same on the client’s platform, regardless of whether the client’s trades are replicated or not.
FAQs
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.
Why is FTMO so hard to pass? ›
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.
How many traders fail the FTMO challenge? ›
I promise you won't regret it. Being able to pass this challenge and verification is not an easy task. I believe about 90% of traders fail it. One thing the Challenge and Verification have done for me is it made me a more disciplined trader overall.
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.
Does FTMO really pay? ›
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.
How many people pass FTMO verification? ›
FTMO have told us that 92% of traders fail their challenge (10% in one month). Not sure about the verification stage where you need to make 5% in 2 months. {quote} FTMO have told us that 92% of traders fail their challenge (10% in one month).
Can I pass FTMO challenge in one day? ›
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 happens if I fail FTMO? ›
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. You fail 3 accounts regardless of the of the stage (FTMO Challenge, Verification, FTMO Account) You breach the contractual requirements of the Premium Programme.
What is the max daily loss on FTMO? ›
For a Normal risk account type, the limit is set at 5% of the initial balance. Let's take the Normal risk account with the 5% limit as an example. If you have a $200,000 FTMO Account, you must never exceed the total equity loss of $10,000 in one day.
What is the success rate of FTMO? ›
His RRR (2.79) is also much better as it allows the trader to be profitable in the long run even if more than half of the trades end in a loss (success rate of 45.95%).
How much should we be risking per one trade? In most textbooks and online education programs, we can learn that we should not be risking more than 2% per one trade. Although the answer to this is more complicated, let's start by saying that 2% risk per trade is a good base to start with.
Is Martingale allowed in FTMO? ›
We have already written about the martingale principle in forex trading, and we would definitely not recommend this system to our traders.
Which countries are not allowed to join FTMO? ›
Due to business decisions based on risk management considerations, FTMO does not provide services to clients in Afghanistan, Antarctica, Antigua and Barbuda, the Republic of Belarus, Belize, Bhutan, Bouvet Island, Burundi, Cape Verde, Central African Republic, Chad, Cook Islands, Comoros, Republic of the Congo, Cuba, ...
Can I hold trades over night on FTMO? ›
During these stages, you can keep your positions open overnight and over the weekend as well. However, once you become an FTMO Trader and get an FTMO Account, we require you to close your positions just before the markets close for the weekend or if the rollover (market break) is longer than 2 hours.
Is there a monthly fee for FTMO? ›
No, we don't charge any additional or hidden fees. The one-time fee for an FTMO Challenge covers it all, including the Verification, there are absolutely no recurring fees with us.
How much funding can you get from FTMO? ›
We allow a maximum capital allocation of $400,000 on FTMO Accounts per trader or per strategy, at any given time.
How much can you lose on FTMO? ›
Maximum Daily Loss is a crucial rule in not only our Evaluation Process but also during the performance of the FTMO Account. It is set as 5% (or 10% in case of an Aggressive risk mode) from the initial account balance.
