The move to a Live Funded Account is at the discretion of our Trading Department (see the FAQ “Who is eligible for a Live Funded Account?”). The decision can be made at any time, and it is not possible to opt out of it.
How the transfer works
- Our Trading Department contacts you: If the decision is made to provide you with a Live Funded Account, our Trading Department will contact you directly with the next steps.
- You complete the brokerage onboarding: Your Live Funded Account is held with an external, third-party brokerage, so you will be asked to complete the brokerage’s own KYC verification, sign a Power of Attorney form, and accept the Live Funded Account Agreement (see the FAQ “Who owns my Live Funded Account, and why do I need to complete another KYC?”).
- Your current accounts and payouts are settled: Your Sim-Funded Accounts and Evaluations are moved or closed, and your Sim-Funded payouts are handled as described below.
- Your login details: Whether you receive new login details for your Live Funded Account depends on your country of residence (see the FAQ “Which platforms can I use for trading?”).
Your accounts
- Each Sim-Funded Account on which you have received at least one payout is moved to a Live Funded Account.
- Sim-Funded Accounts on which you have not received a payout are closed, and the initial Evaluation fee you paid for each of them is refunded.
- All your Evaluations are closed, and the initial Evaluation fee you paid for each of them is refunded.
- Account Reset fees are not refunded.
You can hold up to three Live Funded Accounts. You cannot hold Sim-Funded Accounts and Live Funded Accounts at the same time. While you have a Live Funded Account, you cannot purchase new Evaluations.
Your new Live Funded Account
- Your Live Funded Account starts with $0 profit. Profit from your Sim-Funded Accounts does not carry over; it is settled only through the payouts described below.
- You trade with real orders on a real market, not in a simulated environment, so normal slippage and price movement apply.
- The Maximum Drawdown stays the same as on your Sim-Funded Account. The end-of-day trailing drawdown starts again from your new starting balance, so if it was locked on your Sim-Funded Account, that lock does not carry over.
- The Max Contracts limit is the same as on your Evaluation, unless communicated to you individually.
- Before your first payout, you must clear a Safety Net equal to your Maximum Drawdown. The payout eligibility conditions and the Safety Net are described in detail on the Trading Objectives and Rules page.
If you lose your Live Funded Account
- A breach of the Maximum Drawdown is the only Trading Objective that ends a Live Funded Account.
- A Live Funded Account cannot be reset.
- If you lose all of your Live Funded Accounts, FTMO may allow you to continue by purchasing a new Evaluation. However, the final decision is at FTMO’s discretion.
Your Sim-Funded payouts
- Payouts already in process are honoured and finalised.
- If you have profit that is eligible for a payout but you have not requested it yet, we automatically process one additional payout at the maximum available amount. If more than one payout is eligible across your Sim-Funded Accounts, only the highest one is processed, and the others are forfeited.
- Any profit on your Sim-Funded Accounts above the amount you can receive as a payout is forfeited.
