FTMO Challenge Complete Guide

What is FTMO?
FTMO is a proprietary trading firm established in 2015 that provides traders with virtual capital through their challenge system. The company connects with traders worldwide, offering a platform to demonstrate trading skills and earn rewards without risking personal capital.
Challenge Structure.
Get Started here today: Click FTMO Challenge
Two-Step Evaluation Process
Step 1: FTMO Challenge

1. Purpose: Initial evaluation to demonstrate trading skills
2. Objective: Meet specific profit targets while adhering to risk management rules
3. Duration: Time-limited trading period with minimum trading days requirement

Step 2: Verification Step

1. Purpose: Confirm skills demonstrated in the initial challenge
2. Key Difference: Simplified trading objectives with halved profit targets
3. Risk Rules: Maximum loss rules remain the same as Step 1

Account Options
Virtual Capital Ranges

1. Minimum: $10,000
2. Maximum: $200,000
3. Flexibility: Multiple account size options to match trader experience and goals

Profit Structure
Reward System

1. Maximum Profit Share: Up to 90% of simulated profits
2. Capital Protection: No personal capital at risk
3. Performance-Based: Rewards tied directly to trading performance

Risk Management Framework
Core Principles

1. Maximum loss limits per account
2. Daily loss restrictions
3. Profit target requirements
4. Minimum trading days
5. Risk-to-reward ratio guidelines

Demo Environment

1. All trading conducted in simulated market conditions
2. Real market data and conditions
3. No actual capital deployment during evaluation

Getting Started Options
Free Trial

1. Duration: 14 days
2. Features: Demo account with challenge-like rules
3. Modifications:
   1. Halved minimum trading days
   2. Reduced profit target requirements

   
   

4. Purpose: Test the platform and understand requirements before committing

Paid Challenge

1. Full challenge parameters
2. Complete evaluation process
3. Path to funded trader status

Key Benefits
For Traders

1. Access to significant virtual capital
2. High profit-sharing percentage
3. No personal financial risk
4. Skill-based evaluation system
5. Educational trading environment

Risk Mitigation

1. Structured risk management rules
2. Demo trading environment
3. Performance-based progression
4. Clear evaluation criteria

Success Pathway

1. Choose Account Size: Select appropriate virtual capital amount
2. Start Challenge: Begin Step 1 evaluation period
3. Meet Objectives: Achieve profit targets while managing risk
4. Pass Verification: Complete Step 2 with simplified requirements
5. Become FTMO Trader: Access ongoing profit-sharing arrangement

Important Considerations
Evaluation Focus

1. Consistent profitability over time
2. Risk management discipline
3. Trading psychology demonstration
4. Rule adherence

Educational Value

1. Learn professional risk management
2. Develop consistent trading approach
3. Practice with significant virtual capital
4. Build confidence in trading abilities

Next Steps

1. Consider starting with the 14-day free trial
2. Review specific challenge rules and requirements
3. Choose appropriate account size for skill level
4. Prepare trading strategy and risk management plan

You can Pass the Challenge with FTMO Expert Advisor