The FTMO Challenge is the only evaluation phase within the FTMO Challenge: 1-Step product. Before you can access an FTMO Rewards Account, we need to verify that you are able to trade responsibly and manage risk properly. In the future, OANDA Prop US Corporation may conduct trading on its own account using its own financial resources. In doing so, it may use trading data and signals from top-performing FTMO Verified Prop Traders (Signal Providers) to aid its trading decisions. This process is entirely separate.
The FTMO Challenge phase has clearly defined rules, where the Profit Target is balanced with the allowed drawdown. These rules are referred to as Trading Objectives.
In addition to drawdown limits such as Maximum Daily Loss and Maximum Loss, the Trading Objectives also include the Best Day Rule, which helps ensure consistent performance by limiting the impact of a single trading day on the overall result.
There is no time limit to reach the Profit Target, as the Trading Period is unlimited. Once all Trading Objectives of the FTMO Challenge are met and your results are reviewed, you may proceed to the Identity Verification (KYC/KYB) process.
The minimum duration of the FTMO Challenge within the FTMO Challenge: 1-Step is determined by the applicable Trading Objectives, including the Best Day Rule.
See the detailed Trading Objectives table for more information.
