An FTMO Trader can request a payout from a Sim-Funded Account once the conditions outlined on the Trading Objectives and Rules page are met.
Upon confirming the withdrawal request in the Client Area, all open positions and pending orders are closed, and a calculator displays the available payout. After the trader completes the request, the requested amount is deducted from their Sim-Funded Account balance, and the payout is pending FTMO’s approval. At this point, the FTMO Trader can immediately resume trading on their Sim-Funded Account.
Once the payout is approved, the FTMO Trader finalises the process in the Client Area by confirming the payout invoice.
Payouts from a Sim-Funded Account are paid out in USD, and the minimum payout amount is $20.
Available payout methods are: Wise, Revolut bank wire, and instant withdrawal via Visa Direct and Mastercard Send (Mastercard Send is not available for US clients).
Additionally, all US-based clients must submit the appropriate IRS Form (W-9) before the first Payout request and provide proof of ownership for the US bank account where they wish to receive their Reward.
Please bear in mind that you are solely responsible and liable for the payment of any and all taxes, levies, or fees that apply to you in relation to your FTMO Futures Sim-Funded Account Terms & Conditions under the applicable laws and regulations. FTMO is neither able nor authorised to provide any tax advice or instructions.
