FTMO FUND - WHERE TRADERS SUCCEED
FTMO is a capital fund in the Czech Republic, established in 2015.
To receive an FTMO capital account, you need to pass 2 rounds of
unlimited time challenges during the evaluation period.
With a paid form, FTMO allows each trader to manage a maximum capital
of $400,000 and the maximum capital through the expansion policy is $2,000,000.
If you become a trader of FTMO, you can receive 80%-90% of the profits
you create, in addition, FTMO has a Premium program that helps you receive many
attractive privileges.
Contact
information.
Website:https://ftmo.com
Facebook:https://facebook.com/ftmocom/
Twitter:https://x.com/FTMO_com
Email:support@ftmo.com
Discord:https://discord.com/invite/
Address:Prague 1,Opletalova str.1417/25,110 00,Czech Republic.
Note: To receive the
fastest support from FTMO, you should chat directly on their website.
Is FTMO reputable?
First, you should join this FTMO Discord group to receive more shares
from Vietnamese Traders who are participating in the FTMO fund.
FTMO is known as a very reputable funding company in the industry.
On Trustpilot, FTMO has 14,697 reviews with an average score of 5.2, which is a testament to FTMO's reputation.
II.Fund products:
Currently,FTMO offers a single account type with 2 challenge rounds
during the evaluation period.
Now let's go into details.
FTMO account, you can choose Swing mode or not, when you choose Swing
mode, the account will have a lower leverage, but you can trade more
comfortably, for details see the table below.
- FTMO Account Swing FTMO
Account
Leverage: 1:30 1:100
news trading: Yes No
wedding holding:Yes No
Note: Restrictions on
news trading, keeping trading overnight, over the week are only applied to FTMO
accounts at the funding stage, and there are no restrictions during the
evaluation stage (round 1 & round 2). FTMO Swing accounts have no
restrictions at all stages.
FTMO account sizes and listing fees you see the table below:
Account Size 10k$ 25k$ 50k$ 100k$ 200k$
Refundable Fee 155eu 250eu 345eu 540eu 1,080eu
Note: The fee will be
refunded at the first profit payment.
Trading Period
Minimum Trading Days
Maximum Daily Loss
Maximum Loss
Profit Target
Refundable Fee
1. Evaluation Phase:
In the evaluation phase, you need to pass 2 rounds of challenges with
the following requirements:
Step 1
-Profit target is 10%
- Minimum trading days is 4 days
- Unlimited time
- Daily drawdown limit is 5%
- Account drawdown limit is 10%
Step 2
-Profit target is 5%
- Minimum trading days is 4 days
- Unlimited time
- Daily drawdown limit is 5%
- Account drawdown limit is 10%
For example:
You join FTMO account with size of 100,000$.
The profit target of round 1 is 10,000$(10%) and round 2 is 5,000(5%).
The daily drawdown limit is 5,000$(5% of initial capital), the daily
drawdown limit is always
based on the Balance at the beginning of the day.
Some cases for you to visualize:
#1.
At the beginning of the trading day, the account has Balance=100,000$.
10,000$-5,000$=95,000$.
During the day, you are not allowed to let the Equity of the account
drop below 95,000$, otherwise it will lead to a violation.
#2.
At the beginning of the trading day, the account has Balance=99,000$.
99,000$-5,000$=94,000$.
During the day, you are not allowed to let your account's Equity drop
below $94,000.
#3.
At the beginning of the trading day, the account has Balance =
$102,000.
$102,000 - $5,000 = $97,000.
During the day, you are not allowed to let your account's Equity drop
below $97,000.
In summary:
- According to FTMO's daily drawdown limit calculation, you will not
be at a disadvantage when holding a trade overnight, especially if the trade is
profitable.
- The daily drawdown limit will be reset when entering a new day.
The account drawdown limit is $10,000 (10% of the initial capital).
$100,000 - $10,000 = $90,000.
In any case, you are not allowed to let the Equity of the account drop
below $90,000, otherwise it will lead to a violation.
Note: The drawdown limits and other account parameters, you can easily
see on the dashboard.
2. Funding stage (Step 3)
After completing the assessment stage, you will perform KYC
verification and sign the trading agreement before receiving the funding
account.
The two main rules you need to remember are:
-Daily drawdown limit 5%
-Account drawdown limit 10%.
You will receive 80% of the profits you generate on the funding
account.
The fee will be refunded on the first withdrawal, through the method
you paid to FTMO.
WITHDRAWAL POLICY:
Profit payments are made monthly, 30 days after the first trade on the
funding account.
However, you can request an earlier payment. Specifically, after 14
days from the start of the 1-month trading cycle, you can submit a withdrawal
request, as long as the account is profitable.
The profit distribution date can be changed up to 3 times, at any time
between the 14th and 60th day from the start of the trading cycle.
Note that if you do not change the profit distribution date before the
end of the 1-month trading cycle, it will default to the last day of the
trading cycle.
For example:
If you start trading on 01/02, you can withdraw your profit as early
as 15/02 and as late as 31/03 (60 days from the start of the trading cycle).
You can receive your profit via:
-Bank Transfer.
-Skrill e-wallet
CRYPTO:BTC(Bitcoin network),LTC(litecoin network),USDT(TRON network).
Payments will be processed within 1-2 business days.
CAPITAL EXPANSION POLICY:
Specifically, the account is evaluated every 4 months, to be expanded
the account capital must meet the following conditions:
-In 4 months, the account must grow at least 10% (average 2.5%/month).
-2 out of 4 months must have positive profit.
The 4th month must have positive profit.
When meeting the above requirements, the account will be expanded by
25% compared to the initial capital.
For example:
Account capital of 100,000$.
1st capital expansion: 100,000$ + 25,000$ = 125,000$.
2nd capital expansion: 125,000$ + 25,000$ = 150,000$.
...
The maximum expanded capital for FTMO accounts is 2,000,000.
The expanded account has an extremely attractive incentive, which is
to increase the profit sharing ratio from 80% to 90%.
III. FAQ
Can I pay for FTMO with Crypto?
Yes, detailed instructions here
What are the payment methods for FTMO?
You can pay for FTMO via bank transfer, Credit/Debit card, Skrill or
Crypto.
image
I have paid for my FTMO challenge, when will I receive my account?
After you have successfully paid, you will receive your account
immediately.
You can access your login information from the customer area to get
your account information.
Can I use someone else's card to pay for the fee?
Yes, you can.
IV. REGISTRATION AND PAYMENT INSTRUCTIONS
First, to register for FTMO's funding challenge, click here:
You can buy a challenge account now or register to use FTMO's free
simulation account
You select "FTMO Challenge"
Then you select "Sign up"
Here, you fill in the information: Full name, email, phone number and
tick to agree to the terms.
If you are male, select Mr, if you are female, select Mrs.
Then click "Sign up".
You go to the registered email inbox, find and open the email FTMO
sent to you.
The email usually has the title "Welcom to FTMO Trader"
Next, you click on "Set your password"
Here, you set a password for your FTMO account then click on
"Create"
After completing the account creation process, you log in to your FTMO
account in the customer area, the following interface will appear:
You can choose to try it for free for 14 days or start participating
in the challenge to receive funds immediately by clicking on "Start FTMO
challenge"
Here, you will choose the settings for the account, with the following
items:
1. ACCOUNT
CURRENCY.
FTMO Lets you choose multiple account currencies.
2. INITIAL CAPITAL
SIZE
You can choose account size: 10k, 25k, 50k, 100k, and 200k.
3. CHOOSE MODE OR
ACCOUNT TYPE.
You can choose Swing mode or not.
4. TRADING PLATFORM
Choose MT4, MT5, Ctrader or DX Trade.
You continue to scroll down, check the payment information again.
You check the authentication boxes and click Confirm and proceed to
payment.
FTMO has 4 main payment
methods:
-Debit/Credit card (choose nuvei hawocj Checkout .com).
-Bank transfer (choose Banktransfer).
-Skrill e-wallet (choose Skrill)
Crypto (choose Confirmo).
For quick and easy payment, you should use the Debit/Credit card by
selecting the first box NUVEI as shown above
You fill in the card information, then click "Payment.." to
complete.
All your order information will be sent via email.
FTMO is a very reputable funding company, FTMO's trading rules are
also very comfortable. However, you need to promote risk management, avoid ALL
IN trading actions if you do not want to receive warnings from their risk
management team.
The above is all the information of the FTMO fund, if you have any
questions, please leave a comment below
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