Practice with a free FTMO paper trading demo before you buy.
This simulator replicates the trading conditions of the FTMO $400,000 Regular evaluation. Before spending money on a real challenge, practice here to verify your strategy meets the 10% profit target while respecting the 10% maximum drawdown limit and the 5% daily loss cap.
FTMO uses an equity-based drawdown calculation. Your floating (unrealized) losses count toward the drawdown limit. This is stricter than balance-based drawdown and requires tighter risk control — use this simulator to build that discipline.
Commission structure: FX: $5/lot. Metals: 0.0014%/vol. Indices/Energy: $0. Crypto: 0.065%/vol. Stocks: 0.004%/vol.
These rules are often overlooked by traders. Practice with them in mind to avoid surprises on your real challenge.