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If I violate the rules, do I get a second chance?
If you happen to violate any of the Trading Objectives, that particular account will be automatically invalidated and loses the eligibility to be funded by the FTMO Proprietary Trading firm. You can always try again from scratch and order a brand new FTMO Challenge if you wish to become our FTMO Trader. Please note we don’t provide any discounts for repetitions. If you violate the Trading Objectives, your initial fee paid for the FTMO Challenge is forfeited so be sure to stay safe and respect the rules.
There is, however, one exception. If you manage NOT to violate any of the Trading Objectives (regardless of whether that is the FTMO Challenge or Verification) and your final account profit being positive at the end of the trading duration, with all positions being closed, you can request a new FTMO Challenge free of charge. We know that sometimes the market conditions are not in trader’s favour and we appreciate your good trading and ability to manage risk properly.