Show us
what you got
in Frankfurt and master the $200,000 FTMO Challenge
in the exclusive FTMO Free Trial Competition!
WoT FTMO
Free Trial Competition.
How does it work?
Ready to Take on the FTMO Challenge?
Sign in or sign up, verify your email, and get ready for the competition starting on November 25, 2024, at 00:00 CET. While you wait, participate in the Educational Quiz for a chance to win exclusive FTMO merchandise. Score a wristband, T-shirt, or even the complete package with a surprise! Collect your reward at our FTMO booth at the World of Trading event.
Meet the Trading Objectives
Just like in the classic FTMO Challenge, the WoT FTMO Free Trial Competition requires you to meet specific Trading Objectives to qualify for a prize. Familiarize yourself with these objectives and ensure you’re fully prepared to seize your chance to win.
Get Ready for Launch
Log in to your FTMO Client Area to obtain your MetaTrader 5 login credentials. Sign in to MetaTrader 5 and wait for the competition to start.
Unlike the classic FTMO Challenge, this competition runs exclusively on the MetaTrader 5 platform. If you haven’t installed it yet, download it from your FTMO Client Area.
Start of the Competition
The WoT FTMO Free Trial Competition starts on 25.11. at 00:00 CET and ends on 08.12. at 23:59 CET.
This is your moment to showcase your trading skills and win big:
1st Place
$200,000 FTMO Challenge
2nd Place
$100,000 FTMO Challenge
3rd Place
$50,000 FTMO Challenge
4th Place
$25,000 FTMO Challenge
5th Place
$10,000 FTMO Challenge
Pass Trading Objectives
15% off FTMO Challenge
WoT FTMO
Free Trial Competition FAQ
Yes! Participation in the WoT FTMO Free Trial Competition is completely free, just like the classic FTMO Free Trial.
For the WoT FTMO Free Trial Competition, only MetaTrader 5 is supported, even though FTMO also offers MetaTrader 4, DXTrade, and cTrader.
You can have only one WoT FTMO Free Trial Competition Account and participate in the contest once, as long as you enter during the entry period, which is open from November 22nd, 00:00 CET to November 24th, 23:59 CET.
- If you don’t have an account, register and verify your email.
- Then, log into your FTMO account, download MetaTrader 5 and sign in to MetaTrader 5 using the credentials found in your FTMO Client Area. The competition starts on 25.11.2024 at 00:00 CET.
If you need help, contact our support team via ftmo.com, email [email protected], or through the Client Area once registered.
Educational Quiz FAQ
The Educational Quiz is an interactive way to test your FTMO knowledge. By participating in the quiz, you can win exclusive FTMO Merchandise. Score a wristband, T-shirt, or even the complete package with a surprise!
Score enough correct answers and claim your FTMO merchandise on the ground floor of the FTMO booth, right next to the corner table. Our team will be there to help you pick up your prize based on your quiz results.
Prizes vary according to the number of correct answers you achieve in the quiz:
- 3–5 correct answers: FTMO Wristband
- 6-8 correct answers: FTMO Wristband + T-shirt
- 9 correct answers: FTMO Wristband + T-shirt + Hoodie/Crewneck/Shorts
Visit the FTMO booth at the World of Trading 2024 event and take our Educational Quiz! The more correct answers you get, the better the prize you’ll receive. Hint: All the answers can be found on the displays on the ground floor of the FTMO booth.
There’s no limit – feel free to try again to improve your score and qualify for the full FTMO merchandise package! However, once you’ve won the complete package, further attempts won’t be eligible for additional prizes.
Join FTMO’s Educational Quiz and Free Trial Competition!
Whether you’re a seasoned trader or just starting out, this is your exclusive chance to compete for an FTMO Challenge or win FTMO Merchandise through a short interactive Educational Quiz at the World of Trading.
By registering to the WoT FTMO Free Trial Competition,
you agree to the Terms & Conditions
Trading objectives
- Minimum Trading Days
- To meet this objective, you must trade for at least 2 days during the current duration cycle. At least one position must be opened on each of these days. A trading day is defined as a day when at least one trade is executed. If a trade is held over multiple days, only the day when the trade was executed is considered to be the trading day
- Maximum Daily Loss
- This rule can also be called “trader’s daily stop-loss”. According to our rules, this is set as 5% from the initial account balance. The rule says that at any moment of the day [CE(S)T = Central European (Summer) Time], the result of all closed positions in sum with the currently open floating P/Ls (profits/losses) must not hit the determined daily loss limit. The counting formula:
- Current daily loss = results of closed positions of this day + result of open positions.
- For example, in the case of an FTMO Challenge with the initial account balance of $200,000, the Max Daily Loss limit is $10,000. If you happen to lose $8,000 in your closed trades, your account must not decline more than $2,000 this day. It must also not go -$2,000 in your open floating losses. The limit is inclusive of commissions and swaps.
- Vice versa, if you profit $5,000 in one day, then you can afford to lose $15,000, but not more than that. Once again, be reminded that your Maximum Daily Loss counts your open trades as well. For example, if in one day, you have closed trades with a loss of $6,000 and then you open a new trade that goes into a floating loss of some -$5,700 but ends up positive in the end, unfortunately, it is already too late. In one moment, your daily loss was -$11,700 on the equity, which is more than the permitted loss of $10,000.
- Be careful as the Maximum Daily Loss resets at midnight CE(S)T! Let’s say that one day you had a profit of $4,000. On the same day, you have an open position with a currently floating loss of $13,000. On this day, the maximum daily loss is not violated. The current daily loss is $9,000 ($4,000 closed profit – $13,000 open position). However, if you hold this position with an open loss of $13,000 after midnight, the daily loss limit will be violated. This is because your previous day profit doesn’t count to a new day and the open loss of $13,000 exceeds the max daily permitted loss of $10,000.
- The size of the Maximum Daily Loss gives trader enough space for trading and it guarantees a clearly defined daily risk to the investor. Both the trader and investor benefit from this rule as the account value will not drop below the limit. That’s also why the Maximum Daily Loss limit includes your possible floating losses.
- You can get more insight into why this rule is in place in this article.
- Maximum Loss
- This rule can also be called “account stop-loss”. The equity of the trading account must not, at any moment during the account duration, decline below 90% of the initial account balance. For an FTMO Challenge with a balance of $200,000, it means that the account lowest possible equity can be $180,000. Again, this is a sum of both closed and open positions (account equity, not balance). The logic of the calculation is the same as with the Maximum Daily Loss; the only difference is that it’s not limited to one day but the entire duration of the testing period. The limit is inclusive of commissions and swaps. 10% of the initial account balance gives trader enough space to prove that his/her account is suitable for the investment. It is a buffer that should keep the trader in the game even if there were some initial losses. The investor has an assurance that the trader’s account cannot decline below 90% of its value under any circumstance.