{"id":425105,"date":"2022-01-27T16:33:50","date_gmt":"2022-01-27T15:33:50","guid":{"rendered":"https:\/\/ftmo.com\/?p=425105"},"modified":"2024-11-15T16:25:24","modified_gmt":"2024-11-15T15:25:24","slug":"a-few-answers-to-your-questions","status":"publish","type":"post","link":"https:\/\/ftmo.com\/en\/a-few-answers-to-your-questions\/","title":{"rendered":"A few answers to your questions"},"content":{"rendered":"
Today’s article will be devoted to finding the answers to the several most frequent topics our support colleagues get asked about. If something still seems unclear even after reading the article, feel free to explore the FAQ section of our website as the answer is likely ready for you there.<\/em><\/p>\n The Normal risk setup with classic Trading Objectives<\/a> is the most popular choice among our clients, however, we also offer our clients one more type of account. The Swing account is a type of account designed for more conservative traders who hold positions for more extended periods. The main difference from the Normal account type is the ability to hold positions overnight and over the weekend even after passing the Verification. The Swing account is also not restricted from trading macroeconomic news<\/a>.<\/p>\n The trading period is the same for both risk setups, and the same fee refund applies here with the first payout from your FTMO Account.\u00a0As you most likely know, there is no Profit Target once your trade on an FTMO Account, however, you can take advantage of our Scaling Plan<\/a> to increase your balance by meeting certain conditions. For a balance increase, the trader has to generate at least 10% of net profit in four consecutive monthly cycles. Upon meeting these conditions, the balance of the FTMO Account gets increased by 25%.<\/p>\n Another major change from the Normal account is the size of the leverage. Since the Swing account is designed for traders who hold positions for several days or even weeks and unpredictable market movements can occur, the base leverage is reduced to 1:30. Following are the leverages on each asset class: 1:30 for forex pairs (1:100 for the Normal account type), 1:15 for indices (1:50 for the Normal account type, except for HK50.cash, US2000.cash and SPN35.cash where the leverage is 1:9 for Swing accounts and 1:30 for Normal accounts), 1:9 for metals (1:30 for the Normal account type) and 1:1 for cryptocurrencies, equity CFDs and for commodities, the leverage in a Swing account is 1:1 (1:3.3 for the Normal account type).<\/p>\n For most traders, the lower leverage changes virtually nothing, especially with a large account size. If we open one lot on the EURUSD pair, the required margin for the Normal account type would be EUR 1,000, and for the Swing account, it would be EUR 3,333.33.<\/p>\n Another common question from clients is how commissions and margin sizes are calculated. Of course, we can offer you several formulas to calculate the size of the margin or the maximum position you can open in your account.<\/p>\nDifferences between individual account types<\/h2>\n
How about commission and margins<\/h2>\n