Who is the FTMO Swing account type suitable for?
The FTMO Swing account type does not have any restrictions on trading during news releases or on holding positions overnight (longer than 2 hours after market close) or over the weekend. For this reason, it is suitable for swing traders who need to hold positions for longer periods of time and allow trades sufficient time to develop.
This account type is typically used by fundamental traders who expect market sentiment to persist for several days or weeks, or by technical traders who analyse higher timeframes (H1 and above). Please be mindful of the Forbidden Trading Practices as defined in the Terms & Conditions (clause 7.3) and avoid gambling-like behaviour, some examples of which are described in this article.
How can I get the FTMO Swing account type?
The FTMO Swing account type is available exclusively within the FTMO Challenge: 2-Step. When ordering an FTMO Challenge: 2-Step, you can select Swing as your account type during the configuration process.
Please note that if you purchase an FTMO Challenge Standard as a Standard account type, it is not possible to change it to a Swing account type at a later stage.
I am currently an FTMO Trader. Can I switch my FTMO Standard account type to an FTMO Swing account type?
No. If your account was created as a Standard account type, it cannot be changed to an FTMO Swing account type.
I am currently an FTMO Trader. Can I switch my FTMO Swing account type to the FTMO Standard account type?
Yes. You may switch an existing FTMO Account Swing to a Standard account type before each new cycle (Reference Period).
In practice, this means you can change your account type from Swing to Standard after each Reward withdrawal, or after signing the FTMO Account Agreement and before placing any trade on the FTMO Account.
I am currently trading on an FTMO Challenge or Verification. Can I switch to the Swing account type?
No. Changing the account type to Swing during the FTMO Challenge or Verification stages is not possible.
Summary:
- Change from Standard to Swing: Not allowed
- Change from Swing to Standard: Allowed
