FTMO.com Funded Account Challenge Explained!
The FTMO Funded Account Challenge is a two-step evaluation process designed to test your trading consistency and risk management skills. The first step is the FTMO Challenge, where you need to prove that you can trade responsibly and manage risk properly. The second step is the Verification stage, which has much easier Trading Objectives compared to the FTMO Challenge stage. FTMO Challenge The FTMO Challenge is the first step of the evaluation process. Before you are allowed to trade the FTMO Account connected to the Proprietary Trading firm, you need to pass the FTMO Challenge. The FTMO Challenge stage has reasonable rules, where the Profit Target is in balance with the drawdown allowed. The FTMO Challenge has Trading Objectives that need to be met within a minimum of 4 trading days and a maximum of 30 days. Once all the Trading Objectives of the FTMO Challenge are met, you can proceed to the Verification phase. FTMO Verification Stage The Verification stage is the second and f...