After you pass all the Trading Objectives of your Evaluation, your account is closed at the end of the trading day at 4:10 p.m. ET (Eastern Time), the subscription ends, and no further payments are charged. Your results are set for review, which typically takes 1-3 business days.
Once your results are verified, the following steps are necessary:
- Create your FTMO Identity (KYC verification) in your Client Area (if not created yet)
- Review and sign the FTMO Futures Sim-Funded Terms & Conditions.
Once your FTMO Identity and the Terms & Conditions are approved, your Sim-Funded Account is created, and you can start. From this stage onward, you are eligible to receive real monetary Payouts based on your results, as long as the applicable rules are followed.