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.
For the FTMO Challenge: 2-Step, the paid fee is a one-time fee that covers both stages of the process. If you successfully pass the FTMO Challenge: 2-Step and receive your first Reward on your FTMO Account, the paid fee is refunded with your first Reward withdrawal (provided that you pass the Evaluation process, successfully undergo the KYC/KYB process).
FTMO Challenge: 1-Step
For the FTMO Challenge: 1-Step, the paid fee applies to a single step only. The fee is a one-time fee and is not refunded after successfully passing the FTMO Challenge: 1-Step.
