{"id":638,"date":"2023-01-26T07:32:12","date_gmt":"2023-01-26T12:32:12","guid":{"rendered":"https:\/\/tradingfunder.com\/?p=638"},"modified":"2024-11-09T14:08:25","modified_gmt":"2024-11-09T19:08:25","slug":"ftmo-rules","status":"publish","type":"post","link":"https:\/\/tradingfunder.com\/ftmo-rules\/","title":{"rendered":"What are FTMO’s rules?"},"content":{"rendered":"\n
FTMO has trading rules to ensure traders manage risk properly and develop consistent trading habits, as these skills are crucial for long-term success in financial markets\u200b\u200b. Trading Funder team has deeply researched and simplified these rules to help traders understand and apply them easily, making the process smoother and less overwhelming.<\/p>\n\n\n\n
FTMO offers different account types like the regular FTMO Account and the Swing Account. The regular FTMO Account has stricter rules, such as needing to close trades before weekends and not allowing trades during major news releases. The Swing Account is more flexible, letting traders hold positions over weekends and trade during news events. Both accounts have specific rules for maximum daily loss, overall loss, and leverage\u200b\u200b.<\/p>\n\n\n\n
FTMO has clear trading rules. The Daily Loss Limit and Maximum Drawdown must be respected to avoid losing the account. Leverage is capped at 1:100, with a lower 1:30 for Swing Accounts. You can hold trades over weekends and during major news events only on the Swing Account. Expert Advisors (EAs) and hedging are allowed. There\u2019s no restriction on trading styles, but copy trading and exceeding $400,000 in combined accounts are monitored. FTMO also offers a Scaling Plan that increases account size for consistent performance\u200b\u200b.<\/p>\n\n\n\n
FTMO doesn\u2019t offer any account type with instant funding. Every trader needs to pass a two-step evaluation process, which includes the FTMO Challenge and the Verification, to qualify for an FTMO Account\u200b\u200b. There\u2019s no way to skip this, and no account type gets funding without passing these tests.<\/p>\n\n\n\n
FTMO allows payouts every 14 to 60 days, depending on when traders request them. Profits are split, with traders keeping up to 90%. Withdrawals can be made via bank transfer, Skrill, or cryptocurrencies. There are no fees for withdrawals, but a minimum profit of $20 is needed for bank transfers and $50 for crypto. Payouts are processed within 1-2 business days after confirming the invoice\u200b\u200b.<\/p>\n\n\n\n
In this article, our Trading Funder team will provide an in-depth review of FTMO’s rules and guidelines, including evaluations, funded accounts, payouts, and withdrawal policies, to help you make an informed decision.<\/p>\n\n\n