Hello, Forex Niche, I would like to ask you a few questions about FTMO that you don't understand. Thank you!
1. Take Type 44 as an example. The maximum loss is 10%, 10,000 US dollars. Suppose you lose 500 US dollars on the first day, and the daily loss will return to 5,000 US dollars tomorrow. You can trade. The maximum total loss is deducted by 500 US dollars, and the remaining 9,500 US dollars, right?
After the loss on the first day, trading for 9 consecutive days was profitable, and the maximum total loss was still 9,500 U.S. dollars. Won't it change back to 10,000 U.S. dollars?
How can the maximum total loss change back to the original 10,000 U.S. dollars?
2. Issues of warehouse retention and data release
Mentioned above, it says
Swing mode leverage is 1:30, you can trade before and after the data is released, on holidays, and stay overnight.
It is mentioned below that only the two types of mock exams are allowed to skip the three attached conditions, but after the exam, the above three conditions cannot be touched if they are officially enabled? ？
How long will it be impossible to trade before and after the data is released?
If there are already band orders before the data is released, the cost is far away, will swing 1/30 have to close the position before the data is released? Can you still keep the warehouse?
3. The issue of profit sharing and refund of examination fees
After the exam, but there is no profit yet, the registration fee needs to be refunded together for the first withdrawal, or can it be refunded separately?
How much profit can I make before I can withdraw the money?
How long will the withdrawal be received?
4. Unlimited free retake
As long as you don't violate the law, you can retake the exam indefinitely.，
Demo account Stage one Challenge
There are no violations within 30 days but the goal is not reached. Can I retake the exam for free for the same account? ？
As above, there are no violations. Isn't it possible to retake the exam indefinitely?
Why can Challenge only retake the exam once for free? You also mark the yellow line in particular
I really trouble you if you want to know.
Excuse me, thank you! ！
Reply
1.
Are you talking about a type 1 10,000 account? And are you talking about a Normal type of account? The calculation of the loss or maximum loss on the day is measured in terms of net value. If the profit on the day is US4400 (the position has been closed), then the amount that can be lost on the day will be US9900 (5% loss space of 400+10,000), and the total loss can be borne (US11,400).
2.
(1) Yes, overnight, weekend and data transactions are allowed during the examination stage (regardless of whether swing is selected or not), but if swing is not selected but overnight, weekend and data transactions are not selected after the examination, it would be a violation of regulations, which means that the official is more flexible during the examination stage. Once the examination has passed, the official will be more flexible.That is to follow the rules.
(2) No transactions can be made 2 minutes before and after the data is announced!
(3) If it is swing mode, you can trade overnight, weekend, and data. If you say that the band order should have been left overnight, then it is no problem, and you can continue to hold it after the data is released.
3.
(1) The registration fee is refunded together with the first withdrawal.
(2) It is stipulated that a minimum of US220 can be withdrawn (the profit after the profit is divided). If the withdrawal is cryptocurrency, the minimum withdrawal limit is US550.
(3) Generally speaking, it takes 3 working days, but according to the selected withdrawal method, it can be as slow as 2 weeks in just a few minutes.
4.
Whether it is in the Normal or Aggressive account type, and whether it is in the first stage of Challenge or the second stage of Verification, as long as it does not violate the rules, you can retake the exam for free unlimited times!
The article is incorrect information, sorry for misleading you, it has been corrected!
Thank you for your question. It is true that some details are not mentioned in the article. The article information will be updated again!
