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Ftmo fee

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Ftmo fee

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Ftmo fee

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a) when a trader decides to leave their profits, Max Daily Loss stays 5% of account initial capital. I.e. $25k, $50k, $100k and so on. b) In case of scaled-up account, the new balance is considered initial capital and Max Daily Loss is 5% of this initial capital. I.e. on $125k account Max Daily Loss is $6.25k.
FTMO Fees There is a fee for aspiring traders to participate in the FTMO Challenge: from €155 up to €540 (the current exchange rate is roughly $182 to $636 US). The trader pledges their
FTMO developed a unique 2-step Evaluation Course for traders. This Evaluation Process consists of the FTMO Challenge and the Verification and is specifically tailored to
Jul 03, 2019 · Why is there a fee? The fee mainly serves as a trader’s commitment to treat the account with the utmost care and responsibility. A trader has something in the game and the psychology is working. Also, the fee is just a marginal percentage compared to the size of the FTMO Account that you will receive after succeeding in the Evaluation Process. In other words, the fee is a key towards the FTMO Account and an opportunity to gain financial independence.
FTMO Challenge Review. The process begins with a 30-day simulated trading challenge. Aspiring traders pay a fee for the challenge based on their initial capital requirement, buying power, maximum daily loss limits, and profit target. The fees for these accounts are refundable with the first profit withdrawal.