What is the
Why it works for both sides
Learning & rewards Empowerment
Growth and learning. Traders can test their skills, learn from setbacks, and earn performance-based rewards.
Serious Traders Synergy
Your success is our engine. By identifying disciplined talent, we build a community of traders that drives our mutual growth.
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trusted platform
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FTMO Challenges provide traders with an environment that simulates real market conditions
Our Challenges simulate real-world trading conditions by utilizing a demo trading environment. This includes elements such as trading fees, swaps, spreads, and trading hours, mirroring the conditions you would experience with a CFD (Contract for Difference) broker. This setup provides traders with a realistic trading experience.
By participating in the FTMO Challenge, traders gain valuable insights and experience while building essential skills.
Access detailed information on FTMO Challenge rules and get expert tips to boost your chances of passing.
Advantages
Hear from FTMO Traders
Our demo platform has helped countless traders sharpen their skills and kickstart their careers. Here is what they have to say about their progress and the experience they gained.
Trader Name
What is a Forex Funding Programme?
A 'Forex Funding Programme', often referred to as a prop trading program, is an industry-wide established term used to describe a process designed to provide traders with access to simulated capital for trading in the foreign exchange (forex) markets.
What is a Forex Funding Trading Challenge?
A 'Forex Funding Trading Challenge' is an industry-wide established term used to describe a component of the Funding Programme where traders must complete specific trading tasks and meet certain performance metrics to qualify for a simulated funded account. These challenges are designed to test a trader’s skills, discipline, and ability to manage risk. With FTMO, you can gain an account with up to $200,000 in a simulated capital.
What is a Forex Funded Trading Account
A 'Forex Funded Trading Account' is an industry-wide established term used to describe an account of simulated trading capital provided by a Modern Prop Trading firm to traders who successfully complete the Evaluation Process. With FTMO, you can trade up to $200,000 on an FTMO Account. Traders manage this account using popular retail trading platforms like MetaTrader 4, MetaTrader 5, or cTrader, which allow them to open and control trades. While the capital involved is entirely simulated, a portion of the profits earned is awarded to the trader.
What is FTMO?
FTMO is a Modern Prop Trading firm established in 2015. Since then, we have been looking to cooperate with serious traders in order to capitalize on their trading data, while they earn rewards for their performance on simulated FTMO Accounts.
Before getting the FTMO Account, traders need to pass the Evaluation Process first.
What is a Modern Prop Trading Firm?
A ‘Modern Prop Trading firm’ is an industry-wide established term used to describe the dynamic and innovative business model that focuses on nurturing trading talent through rigorous evaluation programs, providing simulated funding, and offering rewards based on trading performance.
This model not only mitigates the financial risk for traders but also aligns their interests with the firm’s goal of achieving consistent profitability in the markets.
Is FTMO a Forex Prop Trading Firm?
While FTMO is often described as a forex prop trading firm, this term is somewhat inaccurate. FTMO does not limit itself to only simulated forex trading; instead, it provides trading opportunities across various markets on virtual CFD (Contract for Difference) platforms.
This broader scope allows traders to engage in forex, commodities, indices, and more.
Frequently Asked Questions
Find your answers here!
Before you decide to start an FTMO Challenge, we want to make sure that you understand how the process works and what is expected from you.
After you sign up, you can either start the FTMO Challenge: 1‑Step or the FTMO Challenge: 2‑Step right away, or — as we usually recommend — begin with our Free Trial. The Free Trial is a free, simplified version of the FTMO Challenge experience designed for p... Read more about How to start?
To become an FTMO Trader, you must successfully meet the conditions of one of our two products: FTMO Challenge: 1‑Step or FTMO Challenge: 2‑Step. Each product follows a different structure, which is outlined below.
FTMO Challenge: 2‑Step
The FTMO Challenge: 2‑Step consists of a two-step process.
Phase 1: FTMO Challenge
A demo account with fictitious capital where you trade according to our Read more about How do I become an FTMO Trader?
What happens next depends on whether you are participating in the FTMO Challenge: 1‑Step or the FTMO Challenge: 2‑Step, as each product follows a different structure.
FTMO Challenge: 2‑Step
After you pass all the Trading Objectives in your FTMO Challenge: 2‑Step, you will see a notification in your Account MetriX informing you about your success. At this point, you no long... Read more about I have successfully passed my FTMO Challenge, now what?
FTMO Challenge: 1‑Step is a simplified evaluation product that consists of a single evaluation phase. Unlike FTMO Challenge: 2‑Step, it does not include a separate Verification phase.
From the perspective of Trading Objectives, the two products are structured differently. More detailed information about the specific Trading Objectives is available on the Trading Objectives page.
The ev... Read more about What is FTMO Challenge: 1‑Step and how does it differ from FTMO Challenge: 2‑Step?
Rules for trading during macroeconomic news releases differ depending on whether you are participating in the FTMO Challenge: 1‑Step, the FTMO Challenge: 2‑Step, or already trading on an FTMO Account.
Within the FTMO Challenge: 1‑Step, you may trade freely during all macroeconomic news releases without any restrictions. After successfully meeting the conditions of the FTMO Challenge: 1‑Step and tran... Read more about Can I trade during news releases?
Overnight and weekend position restrictions apply only to the Standard account type. The Swing account type does not have any restrictions on holding positions overnight over the weekend, or during news releases.
For Standard accounts, these restrictions apply only once you start trading on an FTMO Account. They do not apply during the Evaluation phase.
Evaluation phase (Standard account)... Read more about Do I have to close my positions overnight?
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