FTMO

FTMO is a proprietary trading firm based in the Czech Republic that offers traders the opportunity to manage funds up to $20,000,000. What makes FTMO unique is its profit split of up to 90% with the scaling plan and its flexible trading conditions, such as allowing scalping and hedging strategies.

FTMO supports MetaTrader 4, MetaTrader 5, cTrader, and DXtrade, providing traders with a range of options to suit their trading preferences and strategies. These platforms are renowned for their robust features and user-friendly interfaces.

FTMO is headquartered in the Czech Republic, serving a global clientele with its comprehensive trading services and support, making it accessible to traders from various regions.

Traders can access funding up to $20,000,000 with FTMO, allowing them to trade with significant capital and potentially earn substantial profits through its proprietary trading accounts.

FTMO has specific account rules, including a daily drawdown limit of 5% and a maximum drawdown of 10%. Violating these can lead to account termination. Additionally, traders must not engage in prohibited strategies such as copy trading and arbitrage.

FTMO does not require traders to use a stop-loss for their trades, giving traders the flexibility to manage risk according to their own strategies and preferences.

FTMO's evaluation requires a minimum of 4 trading days with a profit target of 10%. Traders must adhere to the drawdown limits and avoid prohibited strategies during this phase to qualify for a funded account.

The evaluation fee for FTMO ranges between $8,900 and $108,000, depending on the account size and funding level chosen by the trader. These fees are essential to access the evaluation process.

Yes, during FTMO's evaluation, traders are restricted from trading two minutes before and after high-impact news events and from holding positions over the weekend on funded accounts.

With FTMO, traders are permitted to use strategies including scalping, hedging, and the use of Expert Advisors. However, prohibited strategies include copy trading, latency arbitrage, reverse arbitrage, and tick scalping.

Yes, traders can use a VPN for security purposes while trading with FTMO. However, it should not be used to bypass country restrictions, ensuring compliance with FTMO's trading policies.

FTMO does not allow trading over the weekend on funded accounts, which means traders need to close all positions before the market closes on Friday.

FTMO does not impose a limit on the number of simultaneous positions a trader can open, giving traders the freedom to execute their strategies without restrictions on trade volume.

FTMO offers a profit split of 80% to traders. However, with the scaling plan, traders can earn up to a 90% profit split, allowing them to retain a larger share of their trading profits.

To achieve a higher profit split of 90% with FTMO, traders must participate in the scaling plan, which involves meeting specific performance criteria over a set period, enhancing their earning potential.

Payouts from FTMO can be requested bi-weekly on demand. This frequency allows traders to access their profits regularly and manage their finances efficiently.

FTMO provides multiple payout methods, including bank transfers, cryptocurrency, Skrill, and PayPal, ensuring flexibility and convenience for traders when withdrawing their earnings.

Traders can reach FTMO support through their official website's contact options, which typically include email and live chat, providing quick and efficient assistance for any queries or issues encountered.