What is a FTMO account?

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Kenneth Scott
Answered 1 year, 11 months ago
<p>FTMO is a project looking for experienced clients with trading experience. To ascertain if a client has all the qualities we seek, we developed a 2-step Evaluation Process, which consists of FTMO Challenge and Verification stages. Upon successfully passing our Evaluation Process, the client then can be provided with access to an FTMO Account, from which he or she can get a reward of up to 90% of their profits.</p>
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Doughlas Hanson
Answered 15 hours ago
<p id="isPasted">An FTMO account is a simulated trading account with fictitious funds that is provided to traders who have successfully passed the FTMO Challenge and Verification process. These accounts are not live, meaning the trader is not risking their own money, but they use real-time market quotes, and successful traders can earn a share of the profits they generate in the simulation. FTMO offers this as a way for experienced traders to access a larger amount of "capital" to trade with, in exchange for a share of the simulated profits.&nbsp;</p><p><br></p>