Even though FTMO Verified Prop Traders trade with simulated capital only, they are entitled to obtain a reward in the form of real money if they can generate “profit” on their FTMO Rewards Account. Meaning, if they are able to trade the simulated capital in a way that is profitable, proving their skills and the value of their trade data in the process, they will receive a reward.

Rewards from an FTMO Rewards Account can be requested after a minimum of 14 days from the first day of trading. You can request the reward directly in your Account MetriX, provided the FTMO Rewards Account is in positive profit and there are no open positions or pending orders. Once requested, your account will be queued for review and our team will send you an email within 1–2 business days with further instructions for the withdrawal process.

For example, if you start trading on the 1st of April, you can request the reward from the 15th of April, when the “Claim Reward” button becomes available. You can also see the remaining days to claim your reward directly in your Account MetriX.

Additionally, all FTMO Verified Prop Traders are required to submit the appropriate IRS Form (W-9) as part of the first Reward payment process, and to provide proof of ownership for the U.S. bank account where they wish to receive their Reward.

Important: If you are required to submit the IRS Form W-9 and are unable to complete the process, or if you are unable to prove ownership of your U.S. bank account, you will not be eligible to receive any Rewards.

The withdrawals are usually processed within 1-2 business days upon confirming the invoice. You can receive your Reward via Revolut bank wires.

You don’t need to achieve any minimum profit to receive a Reward, only just enough to cover the payment transaction fees.* Whatever amount of simulated profit you generate with your simulated trading on your FTMO Rewards Account, you are entitled to withdraw 80% of it. If you meet the conditions of our Scaling Plan, not only do we increase the balance of your FTMO Rewards Account by 25%, but you will be entitled to a Reward of 90% of the simulated profit you generate in the simulated demo trading environment. Additionally, by reaching the Prime status of our Premium Program, your Reward entitlement will also be increased to 90% of your simulated profits.

If you prefer to keep your Reward on your FTMO Rewards Account to grow and accordingly build up your simulated balance and drawdown buffer, you can do so. Alternatively, instead of withdrawing your Reward, you may also choose to convert it into FTMO Points. The value of one FTMO Point equals [1.15] USD. The FTMO Points can be used to purchase a new FTMO Challenge. The accumulated Points will be available for you in the Points section under the Profile tab in your Client Area, where you can easily apply them towards your next FTMO Challenge purchase. Note that FTMO Points have an expiry date, which will be displayed at the time of purchase in your Client Area

* Due to imposed fees for payout transfers, there is a $20 minimum closed profit requirement to cover the cost of the transaction to enable a bank wire.

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