Although FTMO Traders trade with simulated capital only, they are entitled to receive a Reward in the form of real money once they generate a profit on their FTMO Account, provided all Trading Objectives are fulfilled and the FTMO Account Terms & Conditions are followed.
Steps of the Reward withdrawal process
- You request a Reward claim in the Account MetriX. This can be done on the 14th or any following day after the first trade is placed on the specific account. All open positions and pending orders must be closed before requesting the Reward. If you trade on the FTMO Instant Account and have not completed your FTMO Identity yet, you will be asked to complete it when you request your first Reward. We cannot start processing your Reward until your FTMO Identity is approved.
- After you submit the withdrawal request, we will review your account and notify you within 1–2 business days.
- Once we approve your Reward, you can submit all necessary information for the withdrawal in the FTMO Traders section. Following this process, the Reward is typically sent within 1–2 business days after the invoice is approved.
Warning: When making a Reward withdrawal from an FTMO Account, obtained via the FTMO Instant Account product, your Maximum Loss Limit does not reset. It is your responsibility to ensure the Reward withdrawal does not result in a breach of the Trading Objectives.
Withdrawal Methods and Limits
Rewards can be paid out via bank wire transfer, instant transfer through Visa Direct / Mastercard Send (up to $20,000), Skrill (up to $3,000), or cryptocurrencies. FTMO does not charge any additional commissions for Reward withdrawals. Note that due to transaction fees, there is a minimum closed profit requirement of at least $20 for bank wire withdrawals and transfers via Visa Direct or Mastercard Send and $50 for cryptocurrency withdrawals, to cover the cost of the transaction.
Reward Ratios and Account Growth
- FTMO Account initiated from the 1-Step FTMO Challenge and FTMO Instant Account: You receive a Reward according to 90% of the simulated profit.
- FTMO Account initiated from the 2-Step FTMO Challenge: By default, you receive a Reward according to 80% of the simulated profit. If the Scaling Plan or Premium Programme conditions are met, the Reward Ratio is increased to 90%.
Reward Rollover
FTMO Traders on FTMO Accounts initiated from the 2-Step FTMO Challenge can request to roll over their Reward to the subsequent FTMO Account. Before the Rollover, the standard applicable Reward Ratio is applied. However, once the FTMO Trader decides to withdraw rolled-over Reward, the Reward Ratio is 100% to avoid reducing the Reward by the Reward Ratio twice.
The minimum rollover amount is €20, $20, £20, 20 AUD, 20 CAD, 20 CHF, or 500 CZK.
FTMO Points
Instead of a Reward payout, you can choose to receive your Reward (in whole or in part) as FTMO Points during the Reward processing. One FTMO Point equals 1 EUR. FTMO Points can be used exclusively to purchase services and/or products from FTMO or our affiliates and cannot be exchanged for cash (real money) or other monetary value. For more information, see the FAQ “What are FTMO Points, and how can I use them?“.
Taxes
Please bear in mind that you are solely responsible and liable for the payment of any and all taxes, levies, or fees that apply to you in relation to the FTMO Account Terms & Conditions under the applicable laws and regulations. FTMO is neither able nor authorised to provide any tax advice or instructions.
