Once I'm in the Premium Programme, do I keep it permanently? (2024)

FAQs

Is there a time limit with FTMO? ›

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.

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 can get a free retake for the FTMO challenge if you fulfill 3 out of the 4 trading objectives and do not breach any of the FTMO rules. If, at the end of the challenge, your account ends up in profit, with all positions closed, then you are eligible for a free retake.

We allow a maximum capital allocation of $400,000 on FTMO Accounts per trader or per strategy, at any given time.

30-Day Inactivity Rule: To maintain the activity of your account, you must log-in and execute at least a single trade of a minimum of 0.01 lot within every 30-day period.

After you pass all the Trading Objectives in your FTMO Challenge, you will see a notification in your Account MetriX informing you about your success, and you won't need to trade the account anymore as your Trading Objectives are marked as passed.

In most discussions, articles and tutorials, you will find information that a trader should not risk more than 1% of his account size on a single trade. No matter how big an account you trade on, this one percent is the mantra that many traders follow.

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.

During the FTMO Challenge & Verification, you can ignore the rule of not trading in the window of 2 mins before to 2 minutes after the specific releases. We don't enforce it as we want to make it easier for you to pass the evaluation process.

Each trader with an FTMO Account is entitled to receive a reward of up to 80% of simulated profits. This means he/she is entitled to the reward after meeting the necessary conditions and achieving success on an FTMO Account.

What happens if you lose money on FTMO? ›

When you lose an FTMO challenge, you won't actually be losing something except for the fee amount that you paid for the challenge. However, you won't be able to continue with the challenge and your eligibility would be lost.

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, ...

These are data about your device (such as the IP address, device type, operating system, browser used, connection provider); website usage data (such as the date, time and duration of visit, a country from which you visit the website, website browsing history), and data on the use of services (such as the login and ...

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.

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.

The one-time fee for an FTMO Challenge covers it all, including the Verification, there are absolutely no recurring fees with us.