I have successfully passed my FTMO Challenge, now what? (2024)

FAQs

What happens after passing the FTMO challenge? ›

As soon as you succeed in all Trading Objectives and your results are reviewed, you can complete your FTMO Identity to sign the contract for your FTMO Account. No need to wait any longer!

There is estimated to be a 90% fail rate of traders that take the FTMO challenge. The reason behind this is due to traders chasing the profit target with a time restriction in place.

How does passing the Challenge and Verification changed your life? It made me a better fund manager/ trader and because of that, I can now provide for my family and my little baby girl to come to see her grow up every step. I always wanted to trade for a trading company and now I can with FTMO.

If you are able to repeatedly pass our Free Trial, then there are chances you can succeed in the full FTMO Challenge as well. This should encourage you to start your journey to become one of our FTMO Traders.

Upon successfully passing a Prop Firm Challenge, traders may be required to fund their trading accounts with an initial amount. The firm may also have scaling plans that determine how much capital traders can access based on their performance.

Moreover, your fee will be reimbursed to you when you successfully pass the FTMO Challenge and Verification with the first Profit Split on your FTMO Account.

Dariusz from the USA exceeded everyone's expectations and made his dreams come true. As our FTMO Trader with a maximum allocation, he beat the previous record payout of $500,180 thanks to his profit of $1,206,225, the biggest payout in the industry!

The FTMO challenge has a reputation for being extremely difficult to pass. Across FTMO's various account levels, it is estimated that only around 10% of traders are able to successfully complete the evaluation and become a funded trader. This means approximately 90% of those who attempt the challenge end up failing.

At FTMO, we understand that market conditions might vary and that's why we offer our traders a generous 10% Maximum Loss buffer and 5% Maximum Daily Loss. These conditions are in a ratio of 1:1 (loss to profit), which is the top industry standard.

There is no time limit within which you need to pass the Profit Target, the Trading Period is indefinite. As soon as all the Trading Objectives of your FTMO Challenge are met and your results are reviewed, you can proceed to the Verification phase. The minimum time to complete an FTMO Challenge is 4 trading days.

Does FTMO teach you how do you trade? ›

FTMO Academy provides a solid foundation in the basic and advanced concepts of trading. This includes an understanding of the financial markets, trading instruments, trading platforms, trading analysis, trading strategy and much more.

When you lose an FTMO challenge, you won't actually be losing something except for the fee amount that you paid for the challenge. However, you won't be able to continue with the challenge and your eligibility would be lost.

In conclusion, the FTMO 200k account price is $485, which covers the one-time fee for the Challenge and Verification stages. Traders must also deposit a minimum of $5,000 to start trading the $200,000 account.

The Profit Split on an FTMO Account is done on a monthly basis by default, with the option to place a payout on-demand after a period of 14 calendar days from the first placed trade on the account.

The payouts are processed within 1-2 business days upon confirming the invoice. You can receive your profits by a regular bank wire transfer, Skrill or cryptocurrencies. We don't charge any commissions for withdrawals.

Clients are entitled to up to 90% of profits generated on an FTMO Account. If you wish to trade with a higher account balance, you can simply apply for another FTMO Challenge. Each FTMO Challenge needs to be traded from the beginning, regardless of whether you have passed one in the past.

You will be removed from the Premium Programme if one of the following situations occurs: You fail the FTMO Account which is part of the Premium Programme. You fail 3 accounts regardless of the of the stage (FTMO Challenge, Verification, FTMO Account)