FTMO Hub & Rules Review
Tested and verified by Alpha Trade Circle Editorial | Last Updated May 2026
Frequently Asked Questions
Find instant answers regarding FTMO challenge parameters, payout verification protocols, and trading platform rules:
Q1.Is FTMO a legitimate prop firm?
Yes, FTMO is widely considered the most legitimate and reliable prop firm in the industry. Founded in 2015, they have processed tens of millions of dollars in payouts to thousands of traders worldwide without missing a single payout cycle.
Q2.What is the FTMO challenge daily drawdown limit?
FTMO enforces a strict 5% daily drawdown limit, calculated based on your initial account balance at the start of the day (Midnight CE(S)T). Breaching this limit will result in an immediate failure of the evaluation or funded account.
Q3.Can I hold trades over the weekend with FTMO?
On a standard FTMO account, you must close all trades before the weekend market close. However, if you choose the FTMO 'Swing' account type, you are allowed to hold trades overnight and over the weekend without restriction.
Q4.What is the difference between daily drawdown and maximum drawdown on FTMO?
Daily drawdown (5%) is the maximum loss permitted within a single 24-hour trading day (typically resetting at 5:00 PM EST). Maximum drawdown (10% (Static)) is the overall ceiling limit on total losses from the initial starting balance or highest peak.
Q5.How fast are profit split payouts processed by FTMO?
FTMO is verified for prompt withdrawals with an average processing speed of 8 Hours. Payouts can be requested via direct bank wire, cryptocurrency (USDT/BTC), or regional payment wallets.
Q6.Can I hold trades over the weekend or trade during high-impact news on FTMO?
News trading is fully permitted without restrictions. Weekend holding is restricted unless trading on designated swing/long-term account tiers.
KYC Verification & Compliance Checklist
To guarantee smooth and punctual payouts without delays, ensure you have the following verification documents ready before requesting your first profit split:
Government Issued ID
Valid Passport, National Identity Card, or Driver's License with clear photo and legible full legal name matching your registration.
Proof of Residence
Utility bill, bank statement, or tax assessment issued within the last 90 days clearly displaying your residential address.
Trader Agreement
Digitally signed Independent Contractor Agreement (ICA) provided via the funded portal upon successfully clearing evaluation steps.
🎧 Support Benchmark & Official Channels
FTMO maintains responsive multilingual customer support teams. Below are their verified support response speeds and direct communication channels:
Need immediate assistance with FTMO?
Access their 24/7 live chat directly from your evaluation portal or help desk.
Specification Card
*Traders will receive 100% of their evaluation fees refunded on their first cleared withdrawal.
🛡️ Risk Disclosure
Proprietary trading accounts operate with simulated margin positions. Your capital risk is capped at the evaluation purchase fee. There are no retail credit risks or deposit liabilities involved.