Frequently Asked Questions
Why should I join FTMO Australia?
Trading is difficult. While trading, you may face many common problems such as:
- Trading an account that is too small (undercapitalisation)
- Fear of losing your own money
- Psychological pressures
- Lack of discipline
- Growth limitations
- Insufficient support from your surroundings
Making a living as a retail trader, especially if you intend to use your own money, is tough. Join us to gain knowledge and experience in the Evaluation process of the FTMO Challenge and Verification, which, upon passing our Trading Objectives will allow you access to a demo FTMO Account with up to $400,000 of fictitious capital, enabling you to experience trading without the risk of losing your money.
Having experience with trading ourselves, we understand that to be a great trader, you need more than just enough capital to trade with. It is in our interest to provide our clients with conditions under which they can perform at their best. Our clients will receive wide access to our innovative Trading Applications which can enhance their trading edge and they will also receive detailed feedback from our company.
Then there is the trading discipline that we emphasize. You cannot be all loosey-goosey with the FTMO Account. We will carefully observe your trading results and provide you with an assessment in the form of the Account Analysis and Trader’s Analysis. Our rules are designed to teach you professional risk management habits and ultimately make you a better trader. No more over-trading, revenge trading, over-leveraging, etc.
Another issue traders face is the so-called ‘keep and grow or withdraw and go‘. Do you prefer compounding your account or rather enjoying your hard-earned profit? At FTMO, you can do both. With FTMO, once you get to the FTMO Trader stage you can receive real rewards for your performance. You can withdraw your reward anytime between 15 to 60 days from your first trade on your FTMO Account (reward withdrawal). Periodically, we can allocate more balance into your FTMO Account if you’re consistently profitable. Get paid and grow at the same time according to our Scaling Plan.
Last but not least, the initial fee you paid will be refunded when you withdraw the first Reward from your FTMO Account.