【3-step teaching】 Quickly register an FTMO account!

What is FTMO?

FTMOIs an international proprietary trader, headquartered in the Czech Republic, Europe, looking for amateur traders from all over the world to operate funds, from the minimum registration fee of about 160 U.S. dollars (150 euros) to obtain a capital scale of 10,000 U.S. dollars, to the highest registration fee of 1,140 U.S. dollars (1080 euros) to provide 200,000 U.S. dollarsFunds are operated by amateur traders.

The transaction assessment is divided into two stages. The two stages set different profit deadlines, loss amounts, and profit targets. After the two stages are passed, the company's capital operations can be obtained and they can become their traders (traders).

After becoming a formal trader, there is no limit to the time limit for making a profit, and there is no profit target.

Simply put,FTMOProvide a variety of fund accounts. You only need to spend the registration fee and pass the assessment to make money with their funds. If you lose money, you don't have to pay, but the profit can be divided.

Of course there are others, but because they are almost all foreign companies, you have to do a lot of homework to study a company in depth. When I first learned about this, it was like discovering a new world, but I also know that there are too many scams in the foreign exchange market, so I have to work hard to study by myself.

Fortunately, a few Taiwanese around me also use it, so I slowly became familiar with this model, and then I actually signed up for it, but because of too many details and rules, it's better to organize a Chinese version by myself for later review and record purposes, and also share this information with those who need it.

Introduction to FTMO

說明

FTMO official website

FTMO official blog

FTMO mailbox

support@ftmo.com

FTMO phone

+44 2033222983

FTMO Trader Interview

FTMO Exam Rules

FTMO Supplementary Rules

FTMO Registration Teaching

FTMO Frequently Asked Questions (Chinese)

FTMO free demo trading practice (performance can be tracked in the background)

FTMO directly register an account (no need to register and pay first)

【Comparison】 FTMO vs. My Forex Funds

【Comparison】 FTMO vs. FundedNext

【Comparison】 FTMO vs. E8 Funding

【Comparison】 FTMO vs. Leveled Up Society

【Comparison】 FTMO vs. The5%ers

【Comparison】 FTMO vs. True Forex Funds

【Comparison】 FTMO vs. Surge Trader

【Comparison】 Prop Firm Comparison

FTMO promotions

How to register for an FTMO account?

Whether FTMO is opening a demo account or paying for registration, you need to firstCreate a unified FTMO account, You can link to your Google, FB, or Apple account to create it, and you only need to select it when you enter the account background. Free Trial for demo account or Pay to sign up for FTMO Challenge for accounts of different specifications

Step 1 | Fill in the information

Must be turned on firstFTMO official website, then clickFTMO Challenge for paid registration (To useDemo account Free Trial You also need to apply for an account first).

And because it is the first time to register, no matter which one you choose, you will first jump to the login account screen and ask to log in first.

Then click on the bottom“Register”Register a new account and fill in as required by them. Because they are all in English, I am afraid that some people are not very good at operating. Let me explain the details to be filled in a little bit.:

  • Select title: Select gender
  • First Name: Chinese Name
  • Last Name: Chinese last Name
  • Email: Mailbox (it is recommended to use the mailbox of your google account)
  • Phone Number: Mobile phone (if you are in Taiwan, just enter the beginning of 09 directly)
  • Select your country: Select your country

At this point, you don't need to set a password yet, it will be set later.

Then after all three boxes are ticked, you can click "Sign up”, and an official letter will be sent to the mailbox you just filled in.

After receiving the letter in the mailbox, click the blue ”Set your password”, which is used to set the password.

FTMO mailbox set password

Enter it for the first time and reconfirm the password for the second time. After setting it up, there will be a green tick on both sides. Click the blue ”Create” button below to create an FTMO account.

FTMO password is set successfully

After that, to log in to your FTMO account, you need to log in with the account password you just set. Then log in to FTMO and directly enter the account password you just set in ”Sign in to your account”. You can refer to the tutorial in the video below.

Step 2 | Select account

Then log in to your FTMO account, click the first ”Client Area” in the left menu, and two blocks will appear, namelyFree demo account Free TrialandFTMO Challenge for paid registration

Free demo accountUnlimited applications are available. Each account has a 14-day period. After the expiration date, you can apply for the next demo account. The demo account also provides background data analysis to allow traders to understand their account status and operational performance.

Trading Account Currency

First of all, you need to choose the currency of funds used in the account. Usually, the United States dollar (USD) will be the more commonly used trading currency. You can choose the United States dollar.

Risk Mode and Account Balance

Whether it is a free demo account or a paid registration account, there are two modes (Risk Mode) to choose from, and you can configure it according to the conditions you want.FTMO Proprietary trading rules》This article has detailed rules and conditions. The point to be reminded here is that in addition to the size of account funds affecting the registration fee, the two models provided by FTMO also affect the registration fee.

Regarding the two types and the size of the account funds and other items, they are organized in the table below.:

  • Normal

Normal

帳戶類型1

帳戶類型2

帳戶類型3

帳戶類型4

帳戶類型5

帳戶規模

$10,000 美元

$25,000 美元

$50,000 美元

$100,000 美元

$200,000 美元

每日回撤

5%

5%

5%

5%

5%

最大回撤

10%

10%

10%

10%

10%

挑戰期間

無期限

無期限

無期限

無期限

無期限

最少交易天數

4天

4天

4天

4天

4天

目標獲利

10%/5%

10%/5%

10%/5%

10%/5%

10%/5%

挑戰費用

155 歐元

250 歐元

345 歐元

540 歐元

1,080 歐元

報名資訊

  • Aggressive

Aggressive

帳戶類型1

帳戶類型2

帳戶類型3

帳戶類型4

帳戶金額

10,000 美元

25,000 美元

50,000 美元

100,000 美元

最大每天損失10%/10%

1,000 美元

/1,000 美元

2,500 美元

/2,500 美元

5,000 美元

/5,000 美元

10,000 美元

/10,000 美元

最大總損失20%/20%

2,000 美元

/2,000 美元

5,000 美元

/5,000 美元

10,000 美元

/10,000 美元

20,000 美元

/20,000 美元

挑戰期間

-

-

-

-

最少交易天數

4天

/4天

4天

/4天

4天

/4天

4天

/4天

目標獲利20%/10%

2,000 美元

/1,000 美元

5,000 美元

/2,500 美元

10,000 美元

/5,000 美元

20,000 美元

/10,000 美元

報名費(一次性)

250 歐元

345 歐元

540 歐元

1080 歐元

You can see that in accounts of the same fund size, the registration fees for the two models are different,AggressiveWill be better thanNormalIt's a bit more expensive. No matter which one it is, FTMO will charge the registration fee in euros (the form is also stated in euros). If you want to change the registration fee to U.S. dollars, you can choose USD in ”Payment Currency” (refer to the video description). The registration fee at the bottom will naturally be converted into the price of U.S. dollars at the time.

Account Type

In the leverage ratio, there are two kinds of leverage (only the Normal mode has two kinds, and the Aggressive one is fixed). The default is 100 times leverage. The attached conditions are that positions cannot be left overnight, weekend trading, and trading before and after the data is released; Swing is 30 times leverage., The attached conditions are that you can stay overnight, trade on weekends, and trade before and after the data is released.

It should be noted that in the two levels of the exam after paid registration, no matter which type you choose (default or Swing), you can stay overnight, trade on weekends, and trade before and after the data is released! When the exam is passed, these three conditions will be officially activated.

The two levels of the exam will affect the leverage ratio because of the choice of preset (1:100) or Swing (1:30) types. This is the same after the exam is passed or passed. If you want to adapt to the conditions of the entire account as soon as possible, it is recommended that you can directly choose what you want.

It is usually recommended to chooseSwnig mode, Because there are three conditions for holding positions overnight, weekend trading, and data trading, it is more in line with the general trading conditions.

Platform

FTMO supports three trading platforms, namely MT4, MT5, and Ctrader. These platforms depend on which one you are more accustomed to. If you don't know which one to choose, it is recommended to choose MT5. In addition to being easy to get started, there are also many functions. The supported devices include Windows, Mac, mobile phones, computers and tablets.downloaded.

After that, if you want to place an order for a transaction, you will go to these platforms to trade, and you will not place an order for a transaction on the FTMO interface. The FTMO official has developed its own software, just like the FTMO background you are now logged in to, you can also download this app on your mobile phone to track your transaction data, but it does not support placing an order for a transaction., The function is also less than the computer version.

In addition, FTMO currently cannot support placing orders directly on Tradingview. If the follow-up official development is successful, it will continue to be updated on the article.

Billing info

Here is to fill in the basic information, the following is a small reminder to fill in the information:

  • Fill in the first name for the first name and the last name for the last name. It is recommended to be the same as the passport.
  • It's okay to fill in the phone number at the beginning of 09
  • The part of the city and Street address should be usedEnglishTo fill in, you can directly refer toPostal translation addressJust paste it
  • Postal code, just fill in the 3 code for the postal code, you can go toPost office Postal code inquiry
  • Note can be blank anyway

Payment Currency

This is the currency of payment, you can choose the currency to be paid. And because FTMO is a European company, the registration fee is denominated in euros (so the registration fee is in whole euros). If you want to convert to other currencies, it will be based onExchange Rates official(It is not an exchange platform, it provides a service for companies to connect exchange rate quotations) to convert exchange rates. It is normal to convert other currencies into whole numbers.

You can click the button below to convert the current exchange rate. After selecting USD, the registration fee at the bottom will naturally be converted into the current USD price.

Explanation of terms

Then there will be two documents about the terms, the first document is“FTMO GENERAL TERMS AND CONDITIONS”, It's about their service policies, payment terms, etc., including the following 18 items. Because the terms are more detailed, let me briefly talk about the key points of each item.:

  • INTRODUCTORY PROVISIONS: FTMO's rights and obligations to provide global services
  • SERVICES AND THEIR ORDER: Specify that the provision of services includes terms such as free trial, challenge pass (first pass), verification pass (second pass), etc., and a statement that the refund cannot be cancelled after the payment is completed.
  • PAYMENT TERMS: Explain that the fee is denominated in euros, if you want to convert the exchange rate toExchange Rates officialBased on the exchange rate at the time of conversion
  • CLIENT SECTION: User's rights and obligations, provide customer service contact information: support@ftmo.com
  • RULES OF DEMO TRADING: Explain various transaction restrictions and the need to comply with the order of the financial market, etc.
  • FTMO CHALLENGEAND VERIFICATION: To activate the account within 30 days after the payment is completed, if it exceeds 30 days, it will be suspended (you need to send a letter to customer service to update), and the account will be stopped for more than 6 months and cannot be refunded; and specify the rules for the exam
  • FTMO TRADER: If you pass the exam, a cooperation contract with FTMO (Trader program) will be provided
  • USE OF THE WEBSITE, SERVICES AND OTHER CONTENT: About Internet trademarks and copyright related norms
  • DISCLAIMER: Disclaimer
  • VIOLATIONOF THE GTC: If the user violates the above terms, FTMO may restrict the user's right to use it (the user must provide real user information)
  • COMMUNICATION: Contact address and contact information: support@ftmo.com
  • RIGHT TO WITHDRAW FROM A CONTRACT: The contract for the free account can be cancelled within 14 days
  • DEFECTIVE PERFORMANCES: If FTMO fails to provide the terms of service, you can send a letter to complain to them
  • CHANGES TO THE GTC: Changes to the terms will be notified to the user by letter
  • OUT-OF-COURT CONSUMER DISPUTESETTLEMENT: If there is any dispute, specify the dispute handling authority (Dealing with EU authoritiesandOnline processing platform)
  • CHOICE OF LAW AND JURISDICTION: Note that these terms are governed by Czech law
  • FINAL PROVISIONS: The terms that govern this clause
  • DEFINITIONS, EXPRESSIONS AND ABBREVIATIONS USED: Full name of the abbreviation in the description clause

The second document is“Cancellation & Refund Policy”, contains“RIGHT TO WITHDRAW FROM A CONTRACT” and “DEFECTIVE PERFORMANCES”, Explain two of the above terms independently.

After reading it, if you have no problem, you can tick all the boxes. After checking again, you can click the payment registration button at the bottom.“Confirm & Proceed to payment”

Step 3 | Payment Registration

Then you will be redirected to the account information verification page to confirm the conditions you just selected and the registration fee.

There are many PAYMENT support methods. I use VISA AS a DEMONSTRATION in THE VIDEO. You can click on the first block, and then FILL in the payment information and YOU can do IT.

After the payment is completed, wait about 3 minutes and you will receive a letter from FTMO in the mailbox. The subject of the letter is ”Order Confirmation of your FTMO Challenge”. There will be some details of the account when you go down. Please remember to select the blue button ”LOGIN CREDENTIALS” to activate the account.

FTMO successfully paid

After clicking, you will be taken to your FTMO account. You can view all the information about the account in ”Credentials” as follows:

FTMO credentials
  • Login: The ID code of the account, used to log in to MT4/MT5
  • Password: Account password, originally the default, you can choose ”Change” on the right to change the password
  • Investor password: This is the read-only permission of the account. You can only watch the account status but cannot trade the login method. If you just operate by yourself, don't bother.
  • Server: Log in to the MT4/MT5 server, the paid registration server will be“FTMO-Server”; If you choose a free demo account, the server is“FTMO-Demo”

The following three are all trading platforms. MT4/MT5 will appear according to the platform you selected at the time. You can download it according to your Windows or macOS device.

Summary registration specifications

To summarize the account specifications described in Step 2 in the video, you can set them according to these conditions. If you want to apply for a free demo account to practice first, you can set the same conditions as below, but at the beginning, in the ”Client Area”, select ”Free Trial” in the left block.

步驟2 | 帳戶規格欄位

規格條件

Trading Account Currency

U.S. dollar (USD)

Risk Mode

Normal (Commonly used); if you choose Aggressive, you must pay attention to the rules

Account Balance

Account Type

Swing mode (can stay overnight, weekend trading, data trading)

Platform

MT4, MT5, and Ctrader are all available, depending on your personal choice

Billing info (Person)

用英文填入即可

Payment Currency

U.S. dollar (USD) ,匯率換算

前往報名

Various QA's about foreign exchange proprietary traders

What is Proprietary Trading? What is Proprietary Trading?

Foreign exchange dealersIt is a kind of proprietary trading model. Companies use their own funds to trade. Some companies will have special self-employed departments, or the company itself is a trading company with self-employed attributes.

Since a company wants to make money in the market, in addition to relying on the company's own shareholders or employees, it can also design a set of models and rules, find people who will make money in the market, and provide account funds to help make money. Making money can be divided into profits, while losing money is borne by the company. This model has been in use abroad for many years., But it is not so popular in China.

What is the difference between a foreign exchange dealer and a foreign exchange broker?

A foreign exchange broker is an investor who uses his own funds to deposit into an account opened by a broker, and the risks, profits and losses of the account are all borne by himself; andForeign exchange dealersIt is the investors who go to a self-employed company to participate in their assessment. After the examination, they use their account to trade. They bear the risks and losses of the account, but the profits can be divided.

差異

控制權

全權

部分

家數數量

數萬家(以有牌照監管為首選)

數十家

本金準備

自有資金

公司資金

風險損失

自行承擔

公司承擔

利潤獲得

全部利潤

部分利潤(依比例而定)

槓桿比例

依各經紀商而定,國內約30-40倍;海外100~1000倍都有

依照自營商的規定,普遍是100倍

交易商品

涵蓋幾乎所有商品,但各經紀商還是有差異

較侷限,以外匯貨幣對為大宗

投資人最大風險

  • 爆倉(損失所有本金)

  • 遇到詐騙經紀商

損失報名費

適合對象

  • 想全權管控自有資金

  • Use EA program to trade

  • 有技術但缺乏資金

  • 想在高資金下練交易心態

  • 想要穩健成長投資人

  • Some self-employed merchants support EA

Does Forex Prop Firms only offer forex as trading instruments?

Trading commodities are mainly foreign exchange currency pair commodities, but there are still commodities other than currency pairs such as indices and precious metals, such asFTMO self-employed, And the trading commodities provided by each self-employed merchant are also very different.

Are prop firms a scam?

No, but there will be many self-employed merchants who are mixed with fish and fish, so the research on self-employed merchants is very important. And brokers also have many questions about fraud. I have compiled an article before.How brokers crack scams, But after I learned about the model of self-employed merchants, I think it needs to be studied more. In addition to the brokers used by self-employed merchants, it is also necessary to understand their rules, user reviews, various aspects of experience, etc., which are quite areas that need to do homework.

Regarding whether it is fraud or not, in order to verify, I spent a lot of time sorting out and collecting information from these self-employed merchants (fortunately, they are all very public). The techniques of cracking broker fraud can also be applied to verifying self-employed merchants. In addition, many friends around me are using it, so it is currently known that it is not a scam.

At present, the self-employed business I use by myself has this one, but my friends around me have been using other homes for a while, and they have not encountered any problems in dividing profits and withdrawing funds. In the future, I will organize an article on this issue if I have the opportunity. Article.

Why have I rarely heard of prop firms?

Most people who come into contact with foreign exchange margin should be mainly brokers (brokerages), but this self-operated model is quite popular abroad. Many successful foreign traders started from this model. They first use their rules to help them develop trading discipline, and after a period of trading, they haveDivide the profit funds, and then go to the broker to open an account and operate with your own funds.

What is the difference between a foreign exchange dealer and a self-owned fund?

If you open an account with a broker, you put in your own principal. All risks are borne by the investors. In addition, you also need to prevent fraudulent brokers from allowing withdrawals, black-hearted spreads, fake brokers, fake customer service and other issues. You really need to do your own homework.

The self-employed model is to register with the self-employed company and after the assessment, they will give you a sum of funds, and you will help them trade. All losses will be borne by the company (the most is the loss of the registration fee), and when you make a profit, you can get a share of the profit. All the problems that may be encountered in the broker are handled by the company.Worry, and investors just need to concentrate on the rules and profit.

Which foreign exchange dealer should I choose?

There are about dozens of foreign exchange dealers in the world, but I and my friends around me have used at least 4 of them, while I have used 2 of them myself. And each self-operated foreign exchange company has its own examination regulations, profit sharing ratio, risk control standards, and other items such as supported trading platforms, retake rules, registration fees, etc. For too many details, please refer to me.Organize and compare the information of foreign exchange dealers

How much does it cost to apply for a Funding Plan?

The registration fee of each self-employed company will vary depending on the comprehensive assessment of account funds, rules, profit target setting, challenge period, etc. The minimum FTMO is 155 euros for a Normal account, and the account limit is 10,000 U.S. dollars.

I have compiled a series of sharing articles on trading strategies. They are all about interviews with foreign traders. Looking at the strategies shared by different traders helps to summarize successful trading methods. If you are interested, you can take a look.: Trading strategy sharing

Everyone is welcome to join the telegram group below to communicate.

FTMO.com - For serious traders

Recommended reading:

FTMO Introduction article:

[1 full explanation] FTMO Proprietary trading rules|How to make money with other people's money! ?

FTMO Trader Interview Series articles:

How do college dropouts earn 16 times by trading only one foreign exchange currency pair! ? / FTMO Trader Interview Series 1

Amateur forex traders earn 350 times! ? Selflessly share trading strategies! / FTMO Trader Interview Series 2

How do college students in the Department of Economics make 11 times the profit from trading! ? Strategy and Experience Sharing | FTMO Trader Interview Series 3

2 Comments

  1. Hello, may I ask if I can challenge 10,000 U.S. dollars first, and then use the profit earned by 10,000 U.S. dollars to challenge 50,000 U.S. dollars, and then challenge 200,000 U.S. dollars with the profit after passing. Is there a way for FTMO to do this?

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