An FTMO Trader is an FTMO client who holds a Sim-Funded Account and is eligible to receive monetary payouts.
An FTMO Live Funded Trader is an FTMO client who manages a Live Funded Account.
The journey to becoming an FTMO Trader or an FTMO Live Funded Trader is as follows:
Phase 1: Evaluation
You trade on a simulated futures account and must meet all its Trading Objectives, such as the Profit Target and Consistency Rule, without breaching your Max Drawdown or Daily Loss Limit. There is no minimum number of trading days, except as required by the Consistency Rule. Eligibility to pass the Evaluation is assessed after the end of the trading day (4:10 p.m. ET).
Phase 2: Sim-Funded Account
Once you pass the Evaluation, you complete the FTMO Identity (KYC verification) and sign the FTMO Futures Sim-Funded Account Terms & Conditions with FTMO. You are then provided with a Sim-Funded Account and become an FTMO Trader, where you continue to trade in a simulated environment but become eligible to receive real monetary payouts based on your results. Eligibility to withdraw a payout is assessed after the end of the trading day (4:10 p.m. ET).
Phase 3: Live Funded Account
After building a track record of approved payouts, a small group of top-performing, consistent traders may be invited, at FTMO’s discretion, to trade an FTMO Futures Live Funded Account with real capital as an FTMO Live Funded Trader.
Availability
FTMO Futures is currently available to individuals only. A Live Funded Account is not granted based on any past trading track record.
