Frequently Asked Questions
FTMO Swing account type
Who is the FTMO Account Swing suitable for?
FTMO Account Swing does not have any restrictions for trading around news releases and holding of trades overnight (above 2 hours market close) and over the weekend. That’s why this account type is suitable for swing traders who need to hold positions for a longer period of time, giving them enough time for their trades to evolve. In most cases, these are fundamental traders who expect market sentiment to last a couple of days/weeks or technical traders who analyze higher timeframes (H1 and above). Please beware of Forbidden Trading Practices as described in T&Cs (clause 5.4), and gambling-like situations, some of which are described in this article.
How can I get the Swing account type?
While ordering an FTMO Challenge you can choose Swing as your account type while configuring your order. You can also convert your account type later on after starting your FTMO Challenge.
I am currently an FTMO Trader. Can I switch my FTMO Account to FTMO Account Swing?
Yes, you can. We can convert your existing FTMO Account to the FTMO Account Swing before every new cycle (Reference Period). In other words, you can request the conversion to Swing account type after every Profit Split or after signing the FTMO Account Agreement and before placing any trade on the original FTMO Account.
I am currently trading on an FTMO Challenge or Verification. Can I switch over to the Swing account type?
Yes, you can. We can process the conversion once you end your current phase, not while you actively trade. Please send us an email to [email protected] to request the conversion from a normal account type to a Swing account type.