The content of the article
FTMO (short for Funding for Talented Market Opportunities) is a special forex trading fund, aimed at funding successful and potential traders. The main goal of FTMO is to provide financing to talented traders, allowing them to participate in the foreign exchange market without using their own capital. (Group Zalo supports FTMO fund: https://zalo.me/g/pdgabe083)
1. What does FTMO mean?
2. The process of becoming an FTMO trader:
To become an FTMo trader, you need to overcome the following exam challenges:
3. Instructions for registering for FTMO fund exam:
First, you choose to: JOIN LINK to register for the fund contest.
+ Next you fill in your personal information (Note not to leave marks) and check the consent confirmation boxes:
+ After the initial registration, log in to the created FTMO account and find the “New FTMO Challenge” section to register for the exam.
+ Continue to choose as shown below:
+ There are 2 types of accounts for you to choose to register for a fund account (Blackman recommends FTMO Swing account):
+ Next step FTMO will ask you to enter personal information (Note to enter according to CCCD for later verification):
+ This step, you choose USD (for easy payment to divide profits for you later):
+ Check the terms of agreement and confirm purchase:
+ You choose to pay by Visa card easily:
+ Finally, check the account information you want to buy to see if it is correct and proceed with payment. After the payment is completed, FTMO will send the FTMO transaction account and pass, log in to your mail.
4. FTMO’s regulations on 2 rounds of challenge before receiving a Live Trade account:
To be granted a fund account by FTMO, you need to pass 2 rounds of its checks. FTMO Fund will provide a demo account corresponding to the amount of capital you want to receive for you to trade.
Pass 1:
+ Minimum number of trading days: 4 days (Even if 1 day you reach 10% of the enemy, you still have to wait for 4 days, 3 days later, you only need to open an order of 0.01lot for a trade)
+ Daily risk does not exceed 5%, Total risk does not exceed 10%
Profit: 10% (When reaching Blackman newspaper, Blackman will guide you to report Support FTMO to receive round 2 challenge)
Pass 2:
+ Minimum number of trading days: 4 days (Even if 1 day you reach 10% of the enemy, you still have to wait for 4 days, 3 days later, you only need to open an order of 0.01lot for a trade)
+ Daily risk does not exceed 5%, Total risk does not exceed 10%
+ In Pass 2, FTMO mainly checks 1 more time about whether your trading method is really effective, so this round only needs 5% to pass funds.
>= Then contact Support FTMO to receive a live account. The amount you register for the exam will be refunded along with the profit of the first month you received. You can withdraw money through the bank. However, it is recommended to withdraw funds through USDT wallets so as not to be taxed.
