Trading Update - 13/10/2022
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Important updates
and holiday schedule
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Be informed every day about the trading hours, holidays and maintenance schedule.
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Trading updates - 13 Oct 2022 edition
Due to scheduled maintenance on Saturday, 15 October 2022, trading will be disabled on all platforms from 1:00 pm to 7:00 pm. Kindly manage your trades accordingly.
All times are expressed in the MetaTrader server time (GMT+3/CEST+1).
Due to Daylight Saving Time ending on the last Sunday of October in Europe, namely Sunday, 30 October, and on the first Sunday in November in North America, namely Sunday, 6 November, trading hours of instruments will be affected. Detailed information will be available with the next updates.
MetaTrader 4 and 5 mobile applications developed by MetaQuotes have been removed for new download from the iOS App store. The existing already downloaded mobile apps continue to function normally. Unfortunately, this decision as taken by Apple is directly linked to MetaQuotes, and FTMO has no control over the development of the case. We recommend that traders who are affected by this situation use the desktop version of these platforms, alternatively the MT4/5 webtrader. Platform access can be found on the Login Credentials tab within your Account MetriX. It is also possible that updating the iOS to a new version might cause the non-functionality of the downloaded application, yet this is not confirmed. At this stage, we have no official information or estimated duration on when this could be potentially resolved.
From Saturday, 20 August 2022, our MT4 and MT5 platforms calculate free margin based on the account balance instead of the account equity. Also, due to execution reasons, our maximum order size for Forex pairs will be set to 50 lots (only applicable to MT4 and MT5). If you would like to open a bigger position, you will have to simply submit another market order.
Overnight rollover swaps are subject to regular changes and adjustments, reflecting, among other things, interest rate differentials and dividend adjustments. If you are holding positions overnight, please be reminded that it is your responsibility to check these swaps in the contract specification for each symbol, and to adjust (if needed) and manage your positions accordingly. FTMO is not responsible for trading results affected by swap changes or adjustments.
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Due to the war in Ukraine, traders can experience increased uncertainty in the markets, accompanied by increased volatility on many assets, along with the possibility of price spikes, whipsaws, flash crashes, spread widening and liquidity supply issues. Traders are advised to pay extra caution while trading during these times. Risk management and capital preservation should be the key focus of every trader, just as being aware and adaptive to the market conditions that might be unpredictable or risky.
Unfortunately, at this time, we are not allowed to process payments to regions of Donetsk, Luhansk, and Crimea in Ukraine and our clients from there, as per the latest sanctions imposed in connection with the war in Ukraine. There are also sanctions targeting some Russian banks and high-profile individuals. We are not allowed to process any payouts to clients and banks on the sanction list. Payouts to our clients from/in the subject locations, or being subject to the sanctions list, will be possible once the imposed sanctions are lifted. Crypto payouts are included in the restrictions.
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Previous Trading Updates
VIEW ALL
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About FTMO
FTMO developed a 2-step Evaluation Process to find trading talents. Upon successful completion you can get an FTMO Account with a balance of up to $200,000. How does it work?.