Your commissions are calculated and tracked in each programme’s currency: EUR in FTMO, USD in FTMO US.
FTMO Challenges are priced in each programme’s own currency, so no conversion is applied in either programme.
FTMO Futures is priced in USD everywhere, and what happens next differs by programme.
In the FTMO programme, a Futures order is converted from USD to EUR using the rate valid on the day the order is created, and your commission is calculated from that EUR amount. At payout, your balance converts from EUR into your chosen payout currency at the rate current at withdrawal. Two separate rates can therefore apply across a single commission: the order date rate sets the amount your commission is calculated from, and the payout date rate sets what you receive, so the final amount may differ slightly from a direct percentage of the price shown to the trader. Your FTMO level thresholds are also set in EUR while Futures is priced in USD, so exchange rate movement can affect where your monthly total sits relative to a threshold.
In FTMO US there is no conversion at any point: your commission is calculated directly from the USD order value and paid in USD, so the amount you see when a commission is approved is the amount you are paid.
