Frequently Asked Questions
Why is there a fee?
The fee covers the costs related to the FTMO Challenge provided by FTMO Australia such as the designing, development, and operation of the FTMO platform (the technical infrastructure behind the provided educational services and applications). The size of the fee differs accordingly to the selected FTMO Challenge, depending on the amount of its simulated account balance. The respective fee also covers the designing and development of all the applications mentioned below and the creation of other content available to our clients.
In this connection, after payment of a fee, you have not only access to FTMO Challenge and the simulated trading environment but also to all our unique applications designed to enhance your learning experience, such as the Statistical Application, Mentor Application, Account and Trader’s Analysis, Account MetriX, trading calculators & more.
Bear in mind that you cannot lose more than this fee and on top of that, the fee is always refunded back to the trader with his/her first Reward withdrawal from an FTMO Account (provided that the client passes the Evaluation process, successfully undergoes the KYC/KYB process and does not breach the relevant terms&conditions).