Trading Update | 2 Nov 2026

US Midterm Elections on 3 Nov 2026

The United States midterm elections take place on Tuesday, 3 November 2026. Election days and the results that follow can move markets, and not only in US instruments.

Traders can experience increased volatility and sharp price moves, especially around the vote count and the first reactions to the results. These moves can come with price spikes, whipsaws, spread widening and liquidity supply issues. They may affect Forex pairs, indices, commodities and other instruments, and the effects can continue into the following days.

In fast markets, orders can be filled at a different price than expected. This includes Stop Loss orders, especially when the price gaps.

Risk management and capital preservation

Before the event, check your open positions and make sure your position size and risk per trade fit the current conditions. Market conditions can change within seconds, so it’s worth planning ahead rather than reacting in the moment.

If anything changes on our side, we will let you know in the next Trading Update.

Overnight rollover swaps are subject to regular changes and adjustments, reflecting, among other things, interest rate differentials and dividend adjustments. If you are holding positions overnight, please be reminded that it is your responsibility to check these swaps in the contract specification for each symbol, and to adjust (if needed) and manage your positions accordingly. FTMO is not responsible for trading results affected by swap changes or adjustments.

The situation in Ukraine – geopolitical development, sanctions, and markets

Due to the war in Ukraine, traders can experience increased uncertainty in the markets, accompanied by increased volatility on many assets, along with the possibility of price spikes, whipsaws, flash crashes, spread widening and liquidity supply issues. Traders are advised to pay extra caution while trading during these times. Risk management and capital preservation should be the key focus of every trader, just as being aware and adaptive to the market conditions that might be unpredictable or risky.

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Unfortunately, at this time, we are not allowed to process payments to regions of Crimea, Sevastopol, Donetsk, Kherson, Luhansk, and Zaporizhzhia in Ukraine and our clients from there, as per the latest sanctions imposed in connection with the war in Ukraine. There are also sanctions targeting some Russian banks and high-profile individuals. We are not allowed to process any payouts to clients and banks on the sanction list. Payouts to our clients from/in the subject locations, or being subject to the sanctions list, will be possible once the imposed sanctions are lifted. Crypto payouts are included in the restrictions.