FTMO Account Purchase & Programs
FTMO only offers a two-step evaluation model, where the trader must make 10% profit to pass phase one, and 5% profit to pass phase two. The maximum permitted drawdown is 10%, and the daily loss limit is 5%.
The trader must open a position on at least 4 separate days during each evaluation phase, and the evaluation fee is refunded with the first profit split from the live account.
The standard FTMO account has up to 1:100 leverage.
On the standard FTMO live account the trader cannot trade high impact news events or hold open trades over a weekend.
For traders who want to trade news events and/or want to hold trades over a weekend there is a ‘swing’ account option. The swing account has up to 1:30 leverage and doesn’t have any news trading or weekend holding restrictions.
Learn everything you need to know before signing up with FTMO from our full FTMO review