Ftmo swing account rules. Step 1 – FTMO Challenge.

Ftmo swing account rules 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. These reports often cause high volatility, which can lead to unexpected losses. We allow a maximum capital allocation of $400,000 on FTMO Accounts per trader or per strategy, at any given time. This can be understood as 2 FTMO Accounts – each with $200k, or 4 FTMO Accounts – each with $100k, etc. cash. Our FTMO Challenge is the first step of our Evaluation Process. As with any trading account, the FTMO Swing Account has certain rules that traders must follow. Drawdown We can see it everywhere. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local laws or regulations. As long as your trading is legitimate (in line with proper risk management), conforms to the real market conditions, and does not resemble forbidden practices, we have no reasons for limiting or restricting your trading strategy, whether it’s discretionary trading, algorithmic trading, EAs All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. Nov 15, 2024 · FTMO’s trading rules are strict. FTMO Swing Account Rules. You can’t hold trades over the weekend unless using a Swing account, and there are restrictions for major news events unless you’re on the Swing account. If we discover identically traded strategies through various accounts, and exceeding the total of fictitious $400,000 in active FTMO Accounts, we reserve the right to suspend those accounts as per the contract. cash, US100. The good news for all our FTMO Traders is that the Minimum 4 trading days Trading Objective is present only during the Evaluation Process – FTMO Challenge and Verification. Can I switch my FTMO Account Swing to FTMO Account with 1:100 leverage ? If you can prove your professional trader status, you can. The Swing Account is more flexible, letting traders hold positions over weekends and trade during news events. If you would like to combine your individual FTMO Account into a single master FTMO Account, we can do so upon request. All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. Step 1 - FTMO Challenge FTMO Swing account type; Clients in Australia have access to an FTMO Account with leverage of up to 1:30 for trading in the All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. Every trader experiences them. The account offers a leverage of up to 1:100 and has a minimum deposit requirement of $10,000. Traders with FTMO Account Swing can keep their positions open even over the weekend and do not have to restrict entries General Disclaimer: The FTMO Platform is an online demo trading platform offered by VRGK Tech Pty Ltd (trading as FTMO Australia) ACN 640 619 521 AFSL 525757. A drawdown is a reduction in the equity value of an investment and an inevitable part of every trading system. The new Swing account from FTMO is designed for traders with a longer investment horizon, who keep their positions open overnight or even longer, where some of the limitations associated with a classic account do not apply. The leverage is only 1:30 instead of the usual 1:100 however it is easily compensated by trippling your lot size. The Daily Loss Limit is 5%, and the Maximum Drawdown is 10%. Feb 8, 2024 · In this article, Global Finance Trading investigate the differences between the FTMO swing vs normal trading accounts including rules and leverage of each account. Apr 7, 2022 · Become our next FTMO Trader and work with an initial balance of up to $200,000: https://ftmo. For news announcements affecting USD, the restriction applies for Forex pairs with USD currency involved, just as for any of the offered Indices, namely US30. comAt FTMO, we make sure to accommodate all types of traders. If This account type is suitable for traders who are looking to take advantage of long-term trends in the markets. . Forex, Crypto, Stocks, etc. cash, US500. Find out how to get, switch or modify your account type before or after your FTMO Challenge or Verification. Swing accounts leverage should be suffecient and if not then you are over leveraging anyways and need to fix it first. Before you can get your FTMO Account, we need to be sure you can trade responsibly and manage risk properly as, in the future, we can use your simulated trades performed via the FTMO Account when trading on our own account on real financial markets. Learn about the FTMO Swing account type that allows swing traders to hold positions overnight and over the weekend without restrictions. You can switch your existing FTMO Account with the default leverage up to 1:30 to the FTMO Account with 1:100 leverage before every new cycle (Reference Period) following your qualification as a professional trader. cash and SPN35. Unlike the FTMO Account, the FTMO Account Swing does not have restrictions for news trading or holding trades over the weekend. The FTMO Platform is an educational and training tool related to trading on financial markets. FTMO only provides services of simulated trading and educational tools for traders. Nov 9, 2024 · FTMO offers different account types like the regular FTMO Account and the Swing Account. Each FTMO Challenge needs to be traded from the beginning, regardless of whether you have passed one in the past. Rules. As at all stages you trade with fictitious capital only, the leverage is applied to this fictitious capital only. Absoloutely do not take the normal account since they would straight up close your account if you have a trade open during a news event which is hard to keep track off esp if you are more of a technical trader. Quadrio offices Purkynova 2121/3, 110 00, Prague Which instruments can I trade and what strategies am I allowed to use? Your trading style is up to you. 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 Step 1 – FTMO Challenge. Every analyst and financial news outlet is using […] Although there are no strict rules for trading news for FTMO Account Swing, we recommend avoiding macroeconomic announcements. FTMO companies do not act as a broker and do not accept any deposits. Once you start trading on the FTMO Account, we want you to trade as comfortably as possible and therefore no minimum trading days rule is required anymore. Please note that your status (Natural Person, Legal Entity) will be based on the option you selected during your first order purchase, depending on All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve in any way as a specific investment recommendation, business recommendation, investment opportunity analysis or similar general recommendation regarding the trading of investment instruments. cash, US2000. The relationship between an FTMO Trader and FTMO is based on the FTMO Account Agreement that we will sign with you after you pass your FTMO Challenge and Verification as well as the KYC/KYB process. There’s no maximum position size, but leverage is capped at 1:100. During the weekend that has just passed, FTMO announced their account type known as “FTMO Swing” which allows traders to trade news and hold trades… The difference between FTMO Account and FTMO Account Swing is that, in the second one, you can trade through news and hold trades over weekends. Unlike the FTMO Account, the FTMO Account Swing does not have restrictions for news trading nor holding trades over the weekend. The regular FTMO Account has stricter rules, such as needing to close trades before weekends and not allowing trades during major news releases. There are different types of drawdowns and we’ll cover everything in this article. Step 1 - FTMO Challenge; Step 2 - Verification FTMO Swing account type; Clients are entitled to up to 90% of results generated on the FTMO Account. The Swing account type has leverage set as up to 1:30. borfvh ocyh onqtya urjoo tspn tuh shr vdan ameruyu qkfxsxl