Frequently Asked Questions
Which instruments can I trade and what strategies am I allowed to use?
Your trading style is up to you. As long as your trading is legitimate (in line with proper risk management rules, i.e. you trade as you would on real market taking into account possible risks), conforms to the real market conditions, and does not resemble Forbidden Trading Practices, we generally do not resort to limiting or restricting your trading strategy, whether it’s discretionary trading, algorithmic trading, EAs, etc. We do not require you to use a Stop-loss (although it’s generally advisable to always have certain safety measures in place), and the maximum volume per order as per the MetaTrader settings on Forex is 50 lots. You can trade all the instruments and assets that are available in your trading platform (Forex, Indices, Commodities, Stocks, Crypto,…). You can also view the available symbols on this link. If your system is profitable while respecting the rules, we’re happy to see you profit with us.
If you intend to use trading robots (Expert Advisors – EAs), keep in mind that if you use an EA from a third party, there might be other traders already using the same EA and therefore exactly the same strategy. By using a third-party EA, you potentially run a risk of being denied the FTMO Account if you exceed the maximum capital allocation rule.
Please note that platform servers have 200 orders at a time and 2000 max positions per day limitation, just as the limited acceptance of the server messages (orders and order modifications such as updates of TP/ SL and updates of limit orders). If your EA causes hyperactivity to a platform server, we might alert you and ask you to adjust the EA logic or parameters of your strategy.
Please beware of the forbidden trading practices described in detail here. If we identify intentional activities or Modus Operandi being repeated on more accounts, we reserve our right to take the necessary action to mitigate risk. This might vary from removing the conflicting positions, rebalancing the account, reducing leverage, or terminating the account completely and ceasing our cooperation altogether. You may refer to Terms & Conditions for more information on what constitutes Forbidden Trading Practices. Please trade with genuine intentions.