Frequently Asked Questions
How do I become an FTMO Trader?
In order to become an FTMO Trader, you will have to pass our 2-step Evaluation Process.
Step 1: FTMO Challenge
A demo account with fictitious capital where you will have to trade according to our Trading Objectives. You will have superior account conditions in the form of our own FTMO solution with very low commissions and spreads. If you manage to pass all requirements, you will proceed to the second and final step of the evaluation.
Step 2: Verification
A demo account with fictitious capital whereby you verify your performance and consistency. The rules in the Verification stage are easier. For a detailed explanation of the rules, please visit the Trading Objectives site.
After you successfully pass the Verification stage, you may get the chance to become an FTMO Trader after passing our review of your trading. To conclude a contract for your FTMO Account, we will ask you to complete your identification where you will have to provide us with documents and information required by law. The conclusion of the contract is dependent on the finalisation of identification procedures in accordance with the FTMO Australia internal policies.
FTMO Australia does not provide services to persons in/from the selected countries specified here, persons listed on sanction lists, persons with criminal records related to financial crime or terrorism, persons below 18 years of age, company trusts, and persons previously banned because of breach of any FTMO contractual requirements. In case any of the above-stated reasons are detected after an FTMO Account Agreement between FTMO and the customer has been concluded, FTMO reserves the right to terminate the contract concerned.
Note we don’t grant an FTMO Account based on any past track record.