How do I withdraw my profits?
Frequently Asked Questions
How do I withdraw my profits?
The Profit Split on the FTMO Account is done on a monthly basis by default, with the option to place a payout on-demand after a period of 14 calendar days from the first placed trade on the account. The Profit Split Day can be changed up to 3 times for each withdrawal, anytime between 14 days and 60 days from the start of trading. If trader doesn’t make a change to their Profit Split Day before the end of a one-month cycle, the Profit Split Day will be anchored to the last day of that particular Reference Period, without the option to change it further in the current cycle. For example, if a trader starts trading on the 1st of April, the first Profit Split Day will be available on the 15th of April, and the latest option for the Profit Split Day will be after 60 days, hence 31st May.
The payouts are processed within 1-2 business days upon confirming the invoice. You can receive your profits by a regular bank wire transfer, Skrill or cryptocurrencies. We don’t charge any commissions for withdrawals.
You don’t need to score any minimum* Profit to receive up to a 90% Profit Split. Whatever amount of profit you generate, that’s what we split by 80/20 (90/10 on the Scale-up plan) and pay you out.
If you meet the conditions of our Scaling Plan, not only do we increase the balance of your FTMO Account by 25%, but the payout ratio will also automatically change to a staggering 90/10!
If you prefer to keep your Profit Split on account to grow and accordingly build up your balance and drawdown buffer, you can do so. However, please note that we will always withdraw our share of Profit Split.
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* Due to imposed fees for payout transfers, there is a minimum closed profit requirement of at least $20 for bank wire and $50 for crypto payouts, to cover the cost of a transaction.
