Who is the FTMO Swing account type suitable for?
The FTMO Swing account type does not have any restrictions on trading during news releases or on holding positions overnight (longer than 2 hours after market close) or over the weekend. For this reason, it is suitable for swing traders who need to hold positions for longer periods of time and allow trades sufficient time to develop.
This account type is typically used by fundamental traders who expect market sentiment to persist for several days or weeks, or by technical traders who analyze higher timeframes. Please be mindful of the Forbidden Trading Practices as defined in the Terms & Conditions (clause 7.3) and avoid gambling-like behavior, some examples of which are described in this article.
How can I get the FTMO Swing account type?
You can select Swing as your account type during the configuration process.
Please note that if you purchase an FTMO Challenge as a Standard account type, it is not possible to change it to a Swing account type at a later stage.
I am currently an FTMO Verified Prop Trader. Can I switch my FTMO Standard account type to an FTMO Swing account type?
No. If your account was created as a Standard account type, it cannot be changed to an FTMO Swing account type.
I am currently an FTMO Verified Prop Trader. Can I switch my FTMO Swing account type to the FTMO Standard account type?
Yes. You may switch an existing FTMO Rewards Account Swing to a Standard account type before each new cycle (Reference Period).
In practice, this means you can change your account type from Swing to Standard after each Reward withdrawal, or after signing the Signal Provider Agreement and before placing any trade on the FTMO Rewards Account.
I am currently trading on an FTMO Challenge or Verification. Can I switch to the Swing account type?
No. Changing the account type to Swing during the FTMO Challenge or Verification stages is not possible.
Summary:
Change from Standard to Swing: Not allowed
Change from Swing to Standard: Allowed
