Passing the FTMO Challenge is a dream for all traders aiming to manage important capital. This challenge requires testing the skills, discipline and compliance with specific rules and ensuring an understanding of strategies, risk management, and clear trading plans. This guide covers tips for success, from creating a transaction plan to managing risk.
Benefits of passing the FTMO Challenge
Passing the FTMO Challenge offers many benefits to traders looking to advance their trading careers. One of the main rewards is the opportunity for traders to earn up to 90% of their simulated profits if they meet the required criteria of their FTMO account. Payments are usually processed quickly within 8 hours, allowing traders to earn profits without delay. After successfully completing the first challenge, the trader proceeds to the verification stage and repeats the trading process with a live account. Once passed, it grants access to FTMO funds, allowing traders to manage larger capital and expand their trading operations.
The advantage of FTMO is also an opportunity for the platform to grow. Traders can hold up to $300,000 in capital on three separate $100,000 accounts. Additionally, traders who exhibit long-term profitability may receive a 25% capital increase every four months based on monthly percentage profits. FTMO also offers a unique free retry option if a trader fails to achieve his 10% profit target without violating other rules. This reflects FTMO’s understanding of market fluctuations and their commitment to providing a second chance. The platform is also highly transparent, offering a withdrawal process and a wide range of equipment to help traders analyze performance.
How to pass the FTMO challenge with the help of 4xpip
4XPIP helps you pass the FTMO challenge by creating a powerful trading strategy and eXpert advisorfor you. The EAS is customized to open and close transactions according to market scenarios, improving trading performance for better results, and ultimately passing the FTMO challenge. You can contact us and share your strategy with us. We help you improve it and also provide a unique strategy that has helped past successful customers pass the FTMO challenge.
Why do I choose 4XPIP to prepare for the FTMO challenge?
With over 7 years of experience in MQL programming and track record of over 1,500 completed projects, 4XPIP is a trusted partner in Custom Expert Advisor (EA) development and trading solutions. Here’s why traders all over the world rely on us:
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High Performance: We create high-performance trading bots within the presence of traders, providing consultations, daily meetings and technical support. Many of our clients have succeeded by passing the FTMO challenge.
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Extensive expertise: Specialising in tackling complex and non-standard requirements, ensuring that your trading system is consistent with FTMO guidelines.
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Lifetime bug-free guarantee: All of our solutions have been thoroughly tested to provide reliability and peace of mind.
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Full ownership: Provides source code and gives you complete control over your trading bot.
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Affordable and timely service: Custom MQL development starts at just $30 and guarantees on-time delivery.
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Free revision: Unlimited strategy revisions to fine-tune EA and backtests for optimal performance.
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Testing and Optimization: Comprehensive testing to create the most optimal set files tailored to FTMO trading conditions.
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NDA Compliance: Your project remains confidential. We don’t use your EA either for personal transactions. We respect your intellectual property and its copyright.
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24/7 VIP Customer Support: Get technical assistance and regular updates whenever you need it.
Development of trading plans for the FTMO Challenge
A clear and practical trading plan is essential to passing the FTMO challenge. Your plan should include:
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Priority Strategy: Decide whether to focus on swing trading, sculping and day trading.
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Entry and Exit Rules: To maintain consistency, define clear principles for closing and closing a transaction.
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Risk Management: We outline the daily risks per trade.
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Asset selection: Identify the equipment you trade, such as forex, indexes, and products.
To avoid disqualification, ensure that your trading plan matches your FTMO drawdown and daily loss requirements.
Your first attempt will succeed
Passing the FTMO Challenge on your first attempt is accomplished with preparation and discipline.
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Understand the rules:Adapt to FTMO daily loss limits, maximum drawdowns, and profit targets.
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Practice with a demo account: Simulate FTMO conditions to improve your strategy without economic risk.
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Focus on consistency: We aim for stable, small profits rather than risky transactions.
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Stick to your plan: Avoid emotional decisions and overtrade transactions. Both can put your challenge at risk.
Success rate for FTMO challenges
Passing the FTMO Challenge requires discipline, consistency and strong risk management. Many traders find it difficult due to strict rules about daily and overall drawdowns. Success depends on experience, emotional control, and the ability to adapt to the terms of FTMO trading.
Instead of chasing rapid profits, traders who focus on stable, calculated progress are more likely to pass. Practice on your account using similar rules can help you build understanding and improve your results. Consistency and risk management are the foundation for successful FTMO challenges.
FTMO’s Best Trading Strategy
Some of the most effective strategies for the FTMO Challenge include:
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Swing Trading: Perfect for traders looking to take advantage of larger price movements in a few days.
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Scalping: Achieve your daily profit targets with a focus on small and fast transactions within the same day.
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Day trading: Take advantage of the volatility of the daytime market while avoiding overnight positions.
Choose a strategy that matches your risk tolerance and trading goals. Discipline and dedication to the rules of FTMO are important for any approach.
Best indicators for I’ll cross ftmo Challenge
The best metrics available to pass the FTMO challenge are:
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4xpIP RSI indicator: Measure price momentum on the 0-100 scale to identify over-acquisition (over 70) or over-selling (under 30) levels.
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ADX indicator: Measure the intensity rather than the direction of the trend. There is a strong tendency when it exceeds 50.
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One-sided cloud: Trends and support/resistance indicators consisting of multiple lines, such as Kijun Sen, Tenkan Sen, Cloud Levels.
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MACD indicator: A trend follow indicator that shows the difference between MACD lines and signal lines.
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Parabolic SAR: A trend following indicator with dots above or below the candle to signal the direction of the trend.
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4xpiP-average True Range (ATR): Measure market volatility by analyzing the range of price movements over time.
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4xpIP VWAP Alert Indicator: Intraday indicator that provides dynamic support/resistance levels based on volume.
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Bollinger Band Indicator: Use the moving average and standard deviation lines to identify excess purchases/excess conditions.
FTMO Challenge Risk Management
FTMO implements strict rules regarding daily losses and drawdowns, making risk management essential.
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Sets the stop loss level: Protect your account by defining acceptable losses for each transaction.
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Limit risk per transaction: Many traders keep their risk down by 1-2% of their account balance per transaction.
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Daily profit targets: Establish achievable goals to avoid overtrading your transactions and maintain consistency.
Staying within FTMO guidelines will minimize risk and increase your chances of passing the task.
Tips for passing the FTMO Challenge
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Consistency priorities: FTMOs value stable and controlled profits more than volatile trading styles.
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Avoid excessive leverage: Use the right lot size to mitigate the impact of unfavorable transactions.
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be patient: Rather than force a transaction, wait for a highly reinforced setup.
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Check your transaction: Periodically analyze performance to identify strengths and areas for improvement.
Adopting these habits will bring discipline and provide long-term success with FTMO.
Partner with 4XPIP for successful transaction
Join over 900 clients from over 80 countries who trust 4XPIP to suit your trading needs. Clients, primarily from the US, UK, Germany, Australia, Brazil, Singapore, UAE and other European countries, rated a 98% success score and a five-star review on TrustPilot with hundreds of reviews.
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