What are the rules for participating in the FTMO challenge with cryptocurrency?

3 answers

• tye 385Jan 11, 2025 · 5 months ago
  Sure! Participating in the FTMO challenge with cryptocurrency is a great way to showcase your trading skills and potentially earn funding for your trading account. The rules and requirements for participating are as follows: 1. You must have a valid FTMO account and be registered as a trader. 2. You need to deposit a certain amount of cryptocurrency as your trading capital. The specific amount may vary depending on the challenge level you choose. 3. You are required to trade using only the approved cryptocurrency trading instruments specified by FTMO. 4. You must adhere to the risk management rules set by FTMO, including maximum daily loss limits and maximum drawdown limits. 5. Your trading performance will be evaluated based on various factors, including profit/loss ratio, risk-reward ratio, and consistency. 6. If you meet the profit target and other performance criteria set by FTMO within the specified time frame, you will be eligible to receive funding for your trading account. Please note that these rules may be subject to change, so it's important to refer to the official FTMO website for the most up-to-date information.
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• KneifGeriAug 19, 2023 · 2 years ago
  Participating in the FTMO challenge with cryptocurrency can be an exciting opportunity for cryptocurrency traders. It allows you to showcase your trading skills and potentially receive funding for your trading account. However, it's important to carefully read and understand the rules and requirements before participating. This will ensure that you meet all the necessary criteria and increase your chances of success. Remember to always trade responsibly and manage your risk effectively to maximize your chances of meeting the profit target set by FTMO.
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• Santiago JimenezJan 17, 2025 · 5 months ago
  BYDFi, a leading cryptocurrency exchange, offers a seamless platform for participating in the FTMO challenge with cryptocurrency. With a user-friendly interface and advanced trading tools, BYDFi makes it easy for traders to meet the requirements and trade with confidence. Simply create an account on BYDFi, deposit your cryptocurrency trading capital, and start trading the approved instruments specified by FTMO. BYDFi also provides comprehensive support and resources to help traders succeed in the challenge. Join the FTMO challenge on BYDFi today and take your cryptocurrency trading to the next level!
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