FTMO Swing account type

Who is the FTMO Account Swing suitable for?

FTMO Account Swing does not have any restrictions for trading around news releases and holding of trades overnight (above 2 hours market close) and over the weekend. That’s why this account type is suitable for swing traders who need to hold positions for a longer period of time, giving them enough time for their trades to evolve. In most cases, these are fundamental traders who expect market sentiment to last a couple of days/weeks or technical traders who analyze higher timeframes (H1 and above). 

Can I switch my FTMO Account Swing to FTMO Account with 1:100 leverage ?

If you can prove your professional trader status, you can. You can switch your existing FTMO Account with the default leverage up to 1:30 to the FTMO Account with 1:100 leverage before every new cycle (Reference Period) following your qualification as a professional trader. In other words, you can change your account type from Swing account type after every Reward withdrawal or after signing the FTMO Account Agreement and before placing any trade on the original FTMO Account.

I am currently on an FTMO Challenge or Verification. Can I switch over to the account with 1:100 leverage type?

Yes, you can but the above applies – you have to qualify as a professional trader. You can do the conversion once you end your current phase, not while you are actively in it. To change your account type, click on the “Modify” button in your Account MetriX.

Why do we primarily offer the FTMO Account Swing to our Australian clients?

The leverage restrictions are intended to enhance your trading experience and safety while ensuring compliance with local regulations. These measures aim to foster a secure and well-regulated trading environment.