Frequently Asked Questions
Why should I join FTMO?
Trading is difficult. As a trader, you may face many common problems such as:
- Trading an account that is too small (undercapitalisation)
- Fear of losing your own money
- Psychological pressures
- Lack of discipline
- Growth limitations
- Insufficient support from your surroundings
Making a living as a retail trader, especially if you intend to use your own money, is tough. With the FTMO Prop Trading firm, you can get access to an FTMO Account with up to $400,000 of fictitious capital and try what it’s like to trade without the actual risk of losing your money.
Having experience with trading ourselves, we understand that to be a great trader, you need more than just enough capital to trade with. It is in our interest to provide our clients with conditions under which they can perform at their best. Our clients will receive wide access to our innovative Trading Applications which can enhance their trading edge and they will also receive detailed feedback from our company. FTMO Traders may also periodically consult with our Performance Coach free of charge.
Then there is the trading discipline that we emphasize. You cannot be all loosey-goosey with the FTMO Account. We will carefully observe your trading results and provide you with an assessment in the form of the Account Analysis and Trader’s Analysis. Our rules are designed to teach you professional risk management habits and ultimately make you a better trader. No more over-trading, revenge trading, over-leveraging, etc.
Another issue traders face is the so-called ‘keep and grow or withdraw and go‘. Do you prefer compounding your account or rather enjoying your hard-earned profit? At FTMO, you can do both. With FTMO, once you get to the FTMO Trader stage you can receive real rewards for your performance. You can withdraw your reward anytime between 14 to 60 days from your first trade on your FTMO Account (Profit Split). Periodically, we can allocate more balance into your FTMO Account if you’re consistently profitable. Get paid and grow at the same time according to our Scaling Plan.
Last but not least, the initial fee that you’ve paid will be refunded to you with the first Profit Split from the FTMO Account.