How much percentage does FTMO take?
FTMO will pay out up to 90% profit share on a monthly basis. Periodically, we will allocate more balance into your FTMO Account if you consistently profit. Get paid and grow at the same time according to our Scaling Plan.
How much do FTMO traders make?
Just to put that number into perspective, we are talking about almost 3 new trades every second. And finally, the most important number: total payouts in 2021! In the past year, our FTMO Traders received an outstanding $29,000,000 in payouts. It is a truly incredible number and congratulations to all the traders!
Is FTMO 30 trading days?
The minimum time to complete the FTMO Challenge is 10 trading days. Following are the Trading Objectives. The FTMO Challenge duration is 30 calendar days; the Verification duration is 60 calendar days. If you manage to pass the Trading Objectives sooner, you do not need to wait for the remaining duration days.
How fast can you pass FTMO?
The minimum requirement to pass the FTMO Challenge is to trade for at least 10 trading days (don't need to be consecutive). The minimum requirement to pass the Verification is also to trade for at least 10 trading days (don't need to be consecutive).
How do I get a 90% profit split FTMO?
1:089:00FTMO NOW 90% Profit Split + Bi-Weekly Payouts Fully ExplainedYouTube
Do FTMO pay out?
All FTMO Traders can request payout on-demand. The payout can be processed just after 14 days, but you also have the ability to choose your own Profit Split Day, which can be even changed up to three times. In conclusion, we make sure that you will always receive your withdrawal on your most convenient day.
What is the biggest FTMO payout?
Users can begin trading with up to $200,000 and once the verification process has been completed, they can keep up to 80% of profits. FTMO's biggest single payout was over $40,000.
What happens if you lose money FTMO?
The good news is that you cannot lose more than this fee as any potential losses on the FTMO Account are covered by us. On top of that, the fee is always refunded back to the trader with his/her first Profit Split from the FTMO Account.
Can you finish FTMO early?
No need to wait any longer! Following are the Trading Objectives. The FTMO Challenge duration is 30 calendar days; the Verification duration is 60 calendar days. If you manage to pass the Trading Objectives sooner, you do not need to wait for the remaining duration days.
What timezone is FTMO?
Trading on a split-adjusted basis is expected to resume normally at the standard market open on Monday, 18 Jul 2022. All times are expressed in the MetaTrader server time (GMT+3/CEST+1)….Trading Hours (GMT+3)
| Monday | 00:05 – 23:55 |
|---|---|
| Tuesday | 00:05 – 23:55 |
| Saturday | trading is closed |
| Sunday | trading is closed |
Can I use EA with FTMO?
By using a third-party EA, traders run the risk of being denied an FTMO Account because they exceed the maximum capital allocation rule.
What is the biggest FTMO account?
23 Jul 2022
| # | Name | Account Size |
|---|---|---|
| #1. | NameDariusz W. | Account Size$400,000 |
| #2. | NameMohammed H. | Account SizeAUD260,000 |
| #3. | NameDavid B. | Account Size$200,000 |
| #4. | NamePqiqyokbkbc | Account Size$157,035 |
Who is the best FTMO trader?
24 Jul 2022
| # | Name | Profit |
|---|---|---|
| #1. | NameDariusz W. | Profit$1,278,069 |
| #2. | NameMohammed H. | ProfitAUD58,343 |
| #3. | NameDavid B. | Profit$58,329 |
| #4. | NameQkbjpew4cqv | Profit$48,789 |
Does FTMO give free Retry?
You can always try again from scratch and order a brand new FTMO Challenge if you wish to become our FTMO Trader. Please note we don't provide any discounts for repetitions. If you violate the Trading Objectives, your initial fee paid for the FTMO Challenge is forfeited so be sure to stay safe and respect the rules.
How much can you lose FTMO?
Now speaking of the loss limits, the Normal risk setup allows you to lose up to 5% of your initial balance per day, Aggressive risk setup gives you more breathing space of 10%. Finally, the Max Loss limit is set to 10% for the Normal risk setup and 20% for the Aggressive risk setup.
Can you retake FTMO verification?
You can always try again from scratch and order a brand new FTMO Challenge if you wish to become our FTMO Trader. Please note we don't provide any discounts for repetitions. If you violate the Trading Objectives, your initial fee paid for the FTMO Challenge is forfeited so be sure to stay safe and respect the rules.
Can you trade FTMO on Sunday?
At FTMO, holding trades through the weekend is allowed in the Evaluation Process, meaning the FTMO Challenge and Verification.
How many times can you do FTMO?
We do not place any limit on the number of trading accounts you can have in the FTMO Challenge and Verification.
Can you hedge on FTMO?
Your trading style is completely up to you. We have no reasons for limiting or restricting your trading strategy, whether it's discretionary trading, hedging, algorithmic trading, EAs, etc.
What broker does FTMO use?
You can trade your FTMO Challenge, Verification and FTMO Account on the most popular retail platforms – MetaTrader 4, MetaTrader 5 or cTrader. You can choose these platforms in the FTMO Challenge configurator here.
Can you use EA on FTMO?
By using a third-party EA, you potentially run a risk of being denied the FTMO Account if you exceed the maximum capital allocation rule.
What if I fail FTMO?
If you happen to breach any of the Trading Objectives, that particular account will be automatically invalidated and loses eligibility to continue in the Evaluation Course. If the breach happens on your FTMO Account, the corresponding FTMO Account Agreement will be terminated.
What happens if I exceed my daily loss on FTMO?
0:393:08Trading Objective: Max Daily Loss | FTMO – YouTubeYouTube
What if I lose FTMO money?
The good news is that you cannot lose more than this fee as any potential losses on the FTMO Account are covered by us. On top of that, the fee is always refunded back to the trader with his/her first Profit Split from the FTMO Account.
Does FTMO give second chance?
If you happen to breach any of the Trading Objectives, that particular account will be automatically invalidated and loses eligibility to continue in the Evaluation Course.
Can I use EA on FTMO?
By using a third-party EA, you potentially run a risk of being denied the FTMO Account if you exceed the maximum capital allocation rule.
Can I use EA in FTMO?
By using a third-party EA, traders run the risk of being denied an FTMO Account because they exceed the maximum capital allocation rule.
Is FTMO trading halal?
Is Trading With FTMO Halal? Certain aspects of trading, such as the use of margin, are typically considered Haram. However, Islamic traders with FTMO can configure Sharia-compliant swap-free accounts by speaking to the customer support team.
Is hedging allowed in FTMO?
Your trading style is completely up to you. We have no reasons for limiting or restricting your trading strategy, whether it's discretionary trading, hedging, algorithmic trading, EAs, etc.
How is FTMO max loss calculated?
According to the rule, the sum of all positions (closed+open) must not hit or exceed the Maximum Daily Loss (MDL). We have a formula for calculating the MDL: Current daily loss = result of closed positions of this day + result of open positions.