How much money can you make from FTMO?
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How much money can you make from FTMO?
With a 1:1 Risk to Reward ratio, you can expect $100 on every winning trade. In the United States, the average monthly income is around $4,000.
Is FTMO a real prop firm?
Prop trading is an exciting way for experienced investors to speculate on the financial markets with serious capital and reduced risk. FTMO is one of the leading firms in the forex prop trading space with over 6000 new members joining in 2020.
How much can you lose on FTMO?
Step 1 – The FTMO Challenge
| Step 1FTMO Challenge | Step 1FTMO Challenge | |
|---|---|---|
| Account Balance | $10 000 | $50 000 Aggressive |
| FTMO Challenge Period | 30 days | 30 days |
| Minimum trading days | 10 | 10 |
| Max Daily Loss | $500 | $5 000 |
What if you lose money in FTMO?
The good news is that you cannot lose more than this fee as any potential losses on the FTMO Account are covered by us. On top of that, the fee is always refunded back to the trader with his/her first Profit Split from the FTMO Account.
Does FTMO allow hedging?
Your trading style is completely up to you. We have no reasons for limiting or restricting your trading strategy, whether it’s discretionary trading, hedging, algorithmic trading, EAs, etc. We don’t even impose any limits on instruments or position sizes you trade.
How long do FTMO withdrawals take?
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. You don’t need to score any minimum Profit to receive up to 90\% Profit Split.
What happens once you pass FTMO?
After you have passed all the Trading Objectives in the FTMO Challenge, you will see a notification in your Account MetriX informing you about your success, and you don’t need to trade the account any more once your Trading Objectives are marked as passed.